The truth about the economic collapse must be told!

Discussion in 'Politics' started by Wicked Jester, Feb 17, 2010.

  1. Wicked Jester
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    Wicked Jester Libsmackin'chef

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    The dem's are going to hate this shit!

    Oh well, that's their problem!

    ENJOY!
    [ame=http://www.youtube.com/watch?v=_MGT_cSi7Rs]YouTube - Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis[/ame]

    Friggin' idiots!
     
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  2. Gadawg73
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    Gadawg73 Gold Member

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    I do not doubt this at all and believe all of it.
    But Freddie Mae and Mac cover ups account for about 7-9% of the entire foreclosure market.
    What about the other 90%?
    I sit on the board of a bank. Believe me, both parties and the banks and all other financial institutions are to blame.
    You know better also.
     
  3. Oddball
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    Oddball BANNED Supporting Member

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    Fannie/Freddie set the pace for the rest of the industry.

    How does it happen that Wells Fargo, US Bank and Bank of America (before the shotgun marriage with Merill Lynch) managed to stay solvent?
     
  4. ItHappens
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    ItHappens BANNED

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    Fannie/Freddie were in the business of buying crap.
    The banks continued to produce it.
    Obviously more complicated but I think it is it in a nutshell.
     
  5. drsmith1072
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    drsmith1072 Senior Member

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    Hmm? 2004? Who was the majority party and in charge of the committees in 2004 and who decided NOT to do anything about it??

    Can you name one bill that the republicans sent to the floor for a vote to fix said problem?? Didn't think so.

    This cut and paste video is old and has been responded to several times over. So it's hilarious that it's been brought up again as the righty who posted it pretends that he stumbled upon something new that he can use to try and blame the democrats as he gives the republicans a pass for NOT DOING ANYTHING.
     
  6. Wicked Jester
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    Wicked Jester Libsmackin'chef

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    The denial is just too damn funny!

    The dem's were talking that shit long after 2004.

    Shall we get out the Bawney Fwank Interviews.

    You loons know, the ones where he was out tellng you morons to go out and get those zero down A.R.M.'S just weeks before the collapse. You know, how he kept shouting that everything was just fine, Fannie and Freddie were in great shape.

    Well, the repub's saw what was going on. The dem's just looked the other way. Hear no evil, see no evil. Fuckin' idiots!

    They knew what was going on.

    This is like the denial of the dem's who refuse to admit that Obama is an abject falure.

    Yeah, it's all Bush's fault?.......My ass!
     
  7. Oddball
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    Oddball BANNED Supporting Member

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    Then there's that whole *ahem* "party of no" thingy. :eusa_whistle:
     
  8. Jay Canuck
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    Jay Canuck by Crom you'll pay!

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    [​IMG]

    done nothing and still doing nothing.
     
  9. drsmith1072
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    drsmith1072 Senior Member

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    How typical. Nothing but baseless attacks and no substance to show that the republicans actually did anything.LOL

    Fact is that republicans had control of the the committees and decided what bills to vote on and in response to all of their political posturing they did NOTHING and in response to their failure you are trying so desperately to blame the democrats when the republicans didn't even put a bill on the floor to vote on. LOL

    You praise the republicans as you claim that they saw what was going on and the you ignroe the fact that they did NOTHING to prevent it. So you were correct to bring up denial but you have the target all wrong becuase it's you who is in denial. LOL

    So come on jester, how about some substance? Show us what the republicans who were in charge at the time did about the problem that you claim they saw coming??

    Do you have anything ?? Or are you just going to continue to attack me personally in an attempt to distract away from the fact that you have NOTHING? LOL
     
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    Last edited: Feb 17, 2010
  10. Oddball
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    Oddball BANNED Supporting Member

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    Substance?

    Tell us about who stood in the way of the Bush administration auditing and subjecting Fannie/Freddie to more oversight?
     

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