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Title: Timeline shows Bush, McCain warning Dems of financial and housing crisis; meltdown

Added: Sep 24, 2008

Author: ProudToBeCanadian

Duration: 4:0

Description:
The Bush Admin and Senator McCain warned repeatedly about Fanny Mae and Freddy Mac and what thus became the 2008 financial crisis -- starting in 2002 (and actually even earlier -- in the Clinton and Carter White Houses. Democrats resisted and kept to their party line, extending loans to people who couldn't afford them -- just like you would expect of socialists. See our web site for more. -- http://www.ProudToBeCanadian.cahttp://www.proudtobecanadian.ca/index/category/the_liberal_left_ruining_the_free_market_capitalist_economy/-- http://www.proudtobecanadian.ca/blog/index/writergroup/9391/

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Channel: News

Tags: conservative 



conservative 

Youtube Comments: 3163

rb8460 Says:

Jan 27, 2012 - @Bristow: Why did those bets go bad? If Fannie and Freddie didn't create so many bad-borrower mortgages, those bets aren't made at all.

deathbyzza420 Says:

Jan 29, 2012 - you don't have to jail the Dems, neither party actually works for us anymore just fix their fuck up by bringing back Glass Steagall Act (the Act that Bill Clinton Repealed that started said fuckup)

BeyondLame Says:

Jan 30, 2012 - Community Reinvestment Act, while not the direct cause, was the spark that lit the fuse for events to come

mrscorie Says:

Jan 31, 2012 - The community reinvestment act encouraged banks to lend to people so they can buy homes in low income neighborhoods. Those laws were abused by mortgage lenders and they used them to put middle class and upper class people in homes they couldn't afford so they could make more money.

IRONY001 Says:

Feb 14, 2012 - why Barney Frank is still out of jail?FBConservative

donsmithshow Says:

Feb 14, 2012 - Amazing how the people that bought these homes seem to have no responsibility in the eyes of some. This is what's wrong with our country. It's always somebody elses fault.

darkmatteruniverse Says:

Feb 25, 2012 - So funny, as if FOX NEWS is actually news. They blame the "small people" in the democratic party that praised these companies, yet, I see NO effort to blame the people that where IN CHARGE at the time. This is completely politics as usual and does nothing to address the so called problems with mortgage finance. Look at the dates of the Democratic comments..Schumer is 2005? way before we had any of this 2008 fiasco. FOX NEWS always full of shit and spinning EVERYTHING.

tbuccelli Says:

Mar 1, 2012 - @darkmatteruniverse - back in 2005? That is EXACTLY WHEN something could have been done to stop this mess. Imagine that there was not the additional three years of run-up.

truthinstyle Says:

Mar 1, 2012 - Barney is leaving politics... He has done enough damage to our country.

computerpurple Says:

Mar 4, 2012 - Hopefully someday (sooner rather than later) KICK ASS BAD KARMA will pay a visit to all the players of the Freddie and Fannie NIGHTMARE.

danschlapka Says:

Mar 6, 2012 - Really? Did you actually watch the video? I guess you're an expert on spinning, since that's what you just did.

PacificCircle1 Says:

Mar 9, 2012 - GOP were warned too, but they had to save the banks making a killing off the bubble.

truthinstyle Says:

Mar 14, 2012 - Conservatives would have stopped this travesty... Keep capitalism and freedom alive in 2012! Vote conservative! That would be anyone but Obama and the Dems!

Samshile Says:

Mar 16, 2012 - Your post indicates you have never had an original thought. Wow parroting the Fox is fake, false meme. How is that "Blame you can Believe in" $4.50 gallon gas prices? Listening to the MSM group think. What is the word to describe the contempt for individual thought?Bush lies and Fox lies, rise above that bro. you sound like a group think propagandist from the collective. A cult parrot.

somethingviralmusic Says:

Mar 20, 2012 - So, this video is talking about how regulating the GSE's should have taken place a long time ago, and is using that as a reason to back Republicans? I don't deny that they took these sides then, but shouldn't we acknowledge that, for the past 3 years, the Republican platform has been staunchly de-regulatory? Does that not mean anything? Democrats screwed up, but Republicans now support the same failed policies of de-regulation. Support POLICIES that make sense. Party lines are irrelevant here.

trueconservatie33 Says:

Mar 24, 2012 - are you kidding me, do you know how much more regulations are in the financial industries right now, the big firm want them there because it is a burden on smaller firms. Free market capitalism is the answer, it's corporatism we don't need

mickymtl Says:

Apr 17, 2012 - watch 'inside job' with mat damon

Majlerin Says:

Apr 17, 2012 - If they knew, why didn't Bush do anything while he was in the White House lol. fools

entity3sf Says:

Apr 20, 2012 - LOL. Good point. This is all a bunch of bull shit.

CharlieNBS Says:

Apr 22, 2012 - So if big firms want burdensome democratic regulation so much, I suppose there's a good reason why they donate 2 to 1 to republicans,

Observer2The Says:

May 1, 2012 - Did you even bother watching the video before you commented...did you miss the part where it said "the legislation was blocked" and the Dems accused Bush of making it up?

Observer2The Says:

May 1, 2012 - They are not created by the private sector - GSE=Government Sponsored Enterprise. Completely different from the deregulation of the free market you are referring to - don't compare two different things. They were essentially REGULATING the private market and encouraging bad loans through their actions.

stkt1986 Says:

May 4, 2012 - The Rewepubwicans aw wong, I, Bawney Fwank said Fannie an Fweddie aw finaichawy sownd. I was wicking my pawntners ass when I wealwized dis. I wuv wickin baws too, wuv me sum haiwy baws. Yum.

eugenemichigan Says:

May 5, 2012 - ole barney,dodd,barry and all of his lib dem hacks, should be on TRIAL for Treason and Criminal activities!

H1TMANactual Says:

May 16, 2012 - I like how you said conservatives not Republicans. Enough of RINOs

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