Flashback » Maxine Waters And Dems Defend Fannie Mae & Freddie Mac.flv

Democrats in their own words, covering up the Fannie Mae, Freddie Mac scam that caused our economic crisis. Watch as the scandal ridden Maxine Waters, who is…
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8 Responses to “Flashback » Maxine Waters And Dems Defend Fannie Mae & Freddie Mac.flv” Subscribe

  1. Maro Adams July 20, 2013 at 5:10 pm #

    This video shows how corrupt some of our politicians are. Shame on them. I hope decent people go to voting booth and throw this bums out.

  2. Russell Diehl July 20, 2013 at 5:59 pm #

    Glad to see this is back on You Tube after having been taken down…

  3. RentAnEducation July 20, 2013 at 6:31 pm #

    Yes, let’s all believe that the low income home buyers of American brought down the global economy. Pay no attention to be billionaires behind the curtain. Follow the money trail. The big banks made mad profits.

  4. Rich Matarese July 20, 2013 at 6:33 pm #

    OFHEO (“Oh-fay-oh”) = Office of Federal Housing Enterprise Oversight

    Mordor-on-the-Potomac is the homeland of the anacronymonators.

  5. Bryan Anon July 20, 2013 at 6:57 pm #

    What a DUUUUMBBBB b8tch.

  6. beefoneeto July 20, 2013 at 7:02 pm #

    Actually not correct-Gramm-Lech-Blilley opened the door.Wall Street made millions on screwing around with the sub prime mortgages and then the ratings agencies S&P and Moody’s took the crappy loans and gave them A ratings.F&F were just going by what the ratings agencies said..They were taken in as much as anyone.Unfortunately the only folks that were truly hurt were the homeowners .

  7. Kevin Korenthal July 20, 2013 at 7:18 pm #

    Just the opposite is so. Fannie and Freddie under the ospice of the Community Reinvestment Act created a method by which the Federal Government would guarantee loans that no bank in their right mind would ever approve. Fannie and Freddie created the market for those fate A+ packaged loans that contained a bunch of subprime paper.

  8. beefoneeto July 20, 2013 at 7:47 pm #

    The economic crisis was caused by the big boys on WS and the ratings agencies.By the time they got to F&F they were traded a zillion times and they were given high ratings by the ratings agencies.F&F just put through loans already approved by the big boys. Want to blame someone blame Phil; Gramm who deregulated the credit default swap in the late 90′s.Gramm,Leach Blilley ended Glass Steagall and with it went the regulations against this happening.You folks are clueless.

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