Video: Explaining How the Financial Crisis Happened
Posted on September 23, 2008
This video sums up how the Freddie Mac and Fannie Mae crisis happened in a pretty fair manner.
Thanks to Hot Air who adds:
Fox deserves a little publicity for being willing to challenge the narrative. Especially now that we’re about to be told it’s McCain’s campaign manager and his lobbyist pals, not the Democrats they lobbied who actually cast the votes, who are the real culprits in all this.
The Anchoress has a nice roundup on this topic.
…and finally, Michelle Malkin reports that the FBI are investigating Fannie Mae and Freddie Mac for fraud! Better late than never, I guess.
» Filed Under Democrats, Economy, Elections, Illegal Activities, News, Socialism
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Great find, I’ve linked to it from Jeremiah Films: Who is going to bail out the US, $9,674,796,303,543, National Debt?