left.html

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


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.c... http://www.proudtobecanadian.c... http://www.proudtobecanadian.c...

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: ProudToBeCanadian

Length: 04:00
Rating: 4.5614805
Views: 5752809

Tags: conservative  

Video Url:


Embed Code:

Video Comments

silusdogood69 (November 30, 1999 at 12:00 am)
just cannot see that the DEMOCRAT congress,pushed by ACORN,and senator OBAMSTER caused the meltdown? the president cannot controll congress,and has to rely on THEM to do what is right,before he can sign a bill.WHO IS THE DUMB ONE? i would submit that it is YOU.
mondohartford (November 30, 1999 at 12:00 am)
they (dems and republicans) all go out for beer and prostitutes after the busy workday screwing over the rest of us
McCainThedivider (November 30, 1999 at 12:00 am)
...LOU you are really dumb if u believe all the propaganda put out by corporate America!You probably work for the insurance industry of GREED! SS is not bankrupt>never was...it has problems since they keep tapping into it! BTW-the Republicans created this nightmare bcause they owned the Whitehouse and controlled the congress for the last 30 years...
lou1785 (November 30, 1999 at 12:00 am)
Its all part of the progressive plan thats been 60 yrs. in the making. Now they are on the verge of getting the holy grail of entitlements; Socialized Medicine. This, combined with other irresponsible and mismanged programs were key to getting us to where we are now..bankrupt! It'll get worse if the Libiots con't.1) SS - bankrupt2) Medicare/Medicaid - 36 tril. in the red3) CRA/FHA - the genesis of our crisis4) Welfare (both corp.& personal) financially crippling.And I could go on
badfish1955 (November 30, 1999 at 12:00 am)
@Maymet the banks were required to loan to the idiots who couldnt pay dumb ass
ja01975 (November 30, 1999 at 12:00 am)
If banks don't make home loans to those who don't qualify...the banks must be racist!
ShadeTreeRT (November 30, 1999 at 12:00 am)
Look, It's THIS SIMPLE...If you work at a Fast Food joint you should not be able to qualify to by a house.Owning a house is not a Right.If you are not responsible enough to stay in school long enough and then work AND SAVE, you don't deserve owning a house.I saw this coming... people getting a house, barely making payment and no money for up-keep and the house and neighborhood fall apart.
Maymet (November 30, 1999 at 12:00 am)
this video was just to keep the heat off the real culprits, our unregulated investment banks. Funny they wanted to regulate these two, but not anyone else. Its B.S. pure and simple
christo930 (November 30, 1999 at 12:00 am)
Bush and Greenspan are every bit as culpable as Freddie and Fannie, if not more so. The historically low (and irresponsible) fed rate is what allowed Americans to bid up housing prices to unsustainable levels. Anyone who doesn't understand this, needs to study the issue more.
johnknight999 (November 30, 1999 at 12:00 am)
Rethink your allegiance to the false two party system that divides Republican vs Democrat meanwhile the fake bail out is supported by both parties same as wasteful War. Behind closed doors Dem's and Rep's work together and put on a show for the public.