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Barney Frank and Maxine Waters both testified that Fannie and Freddie are "in great shape". Given their proven stupidty, isn't time to kick them off any committee of importance?
1 posted on 08/25/2011 6:31:36 AM PDT by econjack
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To: econjack

Bush gave the warning in 2003, not 2001. In 2001 it was simply a report suggesting potenial problems with Fannie & Freddie.


2 posted on 08/25/2011 6:36:12 AM PDT by avacado
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To: econjack

Did not know the Video was removed....it was just Barny Frank talking in his own words.....


4 posted on 08/25/2011 6:47:29 AM PDT by 4Speed
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To: econjack
This video clearly shows that George Bush warned Congress starting in 2001, that this economic [financial] crisis was coming if something was not done.

Then he said, "What the heck," and pushed through the Medicare prescription drug entitlement.

5 posted on 08/25/2011 6:48:19 AM PDT by Constitutionalist Conservative (Two blogs for the price of none!)
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To: econjack
video
7 posted on 08/25/2011 6:59:35 AM PDT by Donald Rumsfeld Fan ("Science is the belief in the ignorance of experts." Richard Feynman father of Quantum Physics)
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To: econjack
video
8 posted on 08/25/2011 7:00:28 AM PDT by Donald Rumsfeld Fan ("Science is the belief in the ignorance of experts." Richard Feynman father of Quantum Physics)
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To: econjack

Thank You.

I have been looking for this. I saw it back then.

Good thing to get out there esp. right before 2012.


9 posted on 08/25/2011 7:03:43 AM PDT by TribalPrincess2U (Rabid democRATS and 0bama the dictator own it all now.)
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To: econjack

bump.


12 posted on 08/25/2011 8:12:54 AM PDT by ken21 (ruling class dem + rino progressives -- destroying america for 150 years.)
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