Comments on: Media Not Reporting Failed Financial Agencies Are Big Donors to Obama http://www.stoptheaclu.com/2008/09/22/media-not-reporting-failed-financial-agencies-are-big-donors-to-obama/ Beating Them With Their Own Sickle And Hammer Mon, 23 Nov 2009 04:59:58 -0500 http://wordpress.org/?v=2.8.2 hourly 1 By: WD Tate http://www.stoptheaclu.com/2008/09/22/media-not-reporting-failed-financial-agencies-are-big-donors-to-obama/comment-page-1/#comment-98323 WD Tate Tue, 23 Sep 2008 04:53:59 +0000 http://www.stoptheaclu.com/?p=12946#comment-98323 going back further- it was the democrat led HUD and Freddie Mac under the direction of Clinton, that legislated and mandated that 50% of all insured loans be made to very poor- thus forcing lenders to make sub prime loans, and then, The Democrats unregulated Freeddie Mac to allow them to not only insure non conforming loans, but go out in the market and compete to buy CDO's which drove the yields down - The financial crises truly is a Democrat led failure going back further- it was the democrat led HUD and Freddie Mac under the direction of Clinton, that legislated and mandated that 50% of all insured loans be made to very poor- thus forcing lenders to make sub prime loans, and then, The Democrats unregulated Freeddie Mac to allow them to not only insure non conforming loans, but go out in the market and compete to buy CDO’s which drove the yields down -

The financial crises truly is a Democrat led failure

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