The Democrats and Obama caused the financial crisis of 08 by supporting Fannie Mae and Freddie Mac and covering up their bad books.

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The Democrats and Obama caused the financial crisis of 08 by supporting Fannie Mae and Freddie Mac and covering up their bad books. Elect Obama, your democratic Senator and Congress person and we will have THE NEXT GREAT DEPRESSION.

Channel: News & Politics
Uploaded: September 23, 2008 at 11:49 pm
Author: NakedEmperorNews

Length: 0:03:17
Rating: 4.47
Views: 15,430

Tags: Democrats Obama financial crisis of 08 Fannie Mae and Freddie Mac commentary analysis documentary gotcha! grassroots outreach news political commercial

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Video Comments:
yelloiamjeff (Tuesday 2nd of December 2008 01:44:11 AM)
Can't we all say that both parties fucked up and should take the blame for this mess?
Bacchant33rd (Monday 1st of December 2008 12:46:29 PM)
The roots of the crisis go back to the early 1970s when finance was "liberalized" from the constraints of the post-war period (1945-1970). These constraints were instituted by the US & UK for a reason: because it was assumed CORRECTLY that allowing governments to control capital movements & currencies would provide a basis for rapidly expanding growth in trade, which indeed happened. It's the GOLDEN AGE OF MODERN CAPITALISM. FREEING these constraints RETARD growth & development. As it has done
voiceof1cryin (Saturday 29th of November 2008 04:24:57 PM)
The fault belongs to the entire government system, For alowing the banking institutions to run wild. The feds job Should be regulators. NOT MONEY PIMPS for the big corperations. And what about the Loan appraisers? My step daughter bought a house worth no more than 30,000 , After they did remod, may be 45. The appr inflated it to 85,000 as a selling price. Now their stuck with 2 morgages. It should be Criminal ! Theft by deception.
zinnington (Monday 17th of November 2008 06:29:25 PM)
I voted for Obama. If this is all true it will come out. His Presidency will be over and moot in a year and the Democrats will be done forever by the mid term elections.
xekul (Wednesday 19th of November 2008 02:12:41 PM)
the sad fact is that it wont come out, precisely b/c it is true. the media, having cheered obama's campaign from start to finish, simply wont let it. it would destroy obama and more importantly, it would destroy the credibility of the media. imagine peoples anger to learn that the supposedly impartial media, who blamed bush and the republicans for the crisis and openly championed obama as the solution, has so greatly mislead them. people would never trust the mainstream media again.
snowtrot (Friday 21st of November 2008 02:47:10 PM)
Much respect to you zin. The mainstream simply cannot keep up with what's really going on. Both parties are corrupt. But the dems are screwed on this one. 2012 will be like 2008, I imagine.
lakai454 (Tuesday 11th of November 2008 09:43:59 PM)
I AGREE,The democrats are the problem and the people that put us into this mess, obama actually was envolved with fannie may and freddie mac going corrupt. The DEMOCRATS ARE SPENDERS,OBAMA is now elected and the senate now has 60 seats and we are screwd because pelosi and obama will spend and waste money on anything they want,also more government involvment,THE GOV they arnt buisness people they dont know how to handle these types of problems,DEMOCRATS WILL DO DOUBLE THE DAMAGE TO THE ECONOMY!!!
amongstheh20 (Monday 10th of November 2008 02:00:00 PM)
Steelers26426 (5 days ago) Show Hide +1 Marked as spam Reply | Spam WOW! voters really needed to know this stuff. It's McCain's fault for not mentioning this at a debate or on the campaign trail. He deserved to lose._______________________________________________Maybe McCain did deserve to lose, but the American people did lose, in this election. Time will prove me right.
Steelers26426 (Tuesday 4th of November 2008 04:55:48 PM)
WOW! voters really needed to know this stuff. It's McCain's fault for not mentioning this at a debate or on the campaign trail. He deserved to lose.
Roegnvaldr (Sunday 2nd of November 2008 11:15:51 PM)
Democrats caused it, Barney and his boyfriend,Pelosi,Reed,Dodd it's not hard to see for me, look what 2 years of a democratic controlled congress has done to an otherwise stable and strong economy considering the Clinton created tech bubble and 911 that was meant to destroy our financial stability.