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“Madam Speaker, when was the last time someone asked you for $700 billion?“It is a number that is staggering, but tells us only the costs of the Bush Administration’s failed economic policies—policies built on budgetary recklessness, on an anything goes mentality, with no regulation, no supervision, and no discipline in the system.
Let's review this video:
What Caused Our Economic Crisis?
This potent and highly popular Internet video “Burning Down the House” – which traces responsibility for the housing/credit crisis right back to liberal Democrats – was yanked from YouTube in recent days due to a music copyright claim. It now has been re-edited to avoid that problem, and, for the moment at least, it is back.
Well Nancy , looks as if the Bush Administration’s failed economic policies wasn't the only problem.
And look at this.
Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis
Seems clear that our do nothing congress, did what they do best, nothing. Who's the failure?
This should be all over the msm airwaves, will they ignore this? I bet'cha a nickel.
CONFLICTS OF INTEREST? For the press? Ridiculous. "Shouldn't the MSM look closer at the conflicts of interest in their own newsrooms? I'm not talking liberal bias, but issues like David Gregory's marriage to a senior executive at Fannie and Andrea Mitchell's marriage to Alan Greenspan."
UPDATE: WHAT exactly does a "community organizer" do?
Hmmm, if Mr. Obama becomes president, this could be an on going problem since he seems to be at the root of it.
More here on Who caused “the biggest financial crisis since the Great Depression?”