Bret Baier looks at how Sen. McCain and the Republicans recognized the Fannie/Freddie crisis with time to spare. Democrats like Barney Frank blocked the increased oversight, calling action unnecessary. Barney Frank: “Fannie Mae and Freddie Mac are not in a crisis situation.” “The more people in my judgment exaggerate the threat of safety and soundness, the more people conjure up the possibility of serious financial losses to the treasury, which i do not see. I think we see entities that are …
Burning Down The House: What Caused Our Economic Crisis? Bombshell
accelerated prices erratically, inviting speculation and loose lending practices which were both condoned and encouraged by existing regulation and carried out by risk-blind executives and Fannie Mae and Freddie Mac. Aside from ripping the corporate goons in the media, please be respectful in your comments. Thanks. Obama Bombshell Redistribution of Wealth Audio Uncovered … Barack Obama John McCain Economic Financial Crisis commentary analysis documentary gotcha! grassroots outreach news SNL …
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