What is this “60 minutes” show that you speak of?
“Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis”
http://www.youtube.com/watch?v=_MGT_cSi7Rs
Without government intervention in the marketplace, there never would have been sub-prime loans (at least not in these kinds of volumes), that were repackaged, overrated and sold to brokerage houses and insured (idiotically) by AIG.
That's the WHOLE story, of course Lewis leaves the first part completely out of his narrative.
Like the Liberal predecessors, Stalin and Mao, you just erase the parts of history you don’t like.
Onward to the Commie Utopia!
60 Minutes. The most dishonest, morally and ethically corrupt show on television.
NY AG Andrew Cuomo when he was HUD Sec did his part to damage the free market-
http://www.youtube.com/watch?v=Lr1M1T2Y314
now Prince Andrew wants to be NY gov
"...fraud, you probably think there should be rules against it, I think the market will figure it out."--Alan "The Wizard" Greenspan