On the housing bubble crisis and whose hands are dirtiest...

[dorminWS]

A good friend of mine sent me this. Interesting. Also interesting that the USA apparently isn't the olny so-called western democracy where conservatives don't trust or believe the establishment press.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
PLEASE SHARE BEFORE IT IS REMOVED
This video clearly shows that George Bush warned Congress starting in
2001, that this economic crisis was Coming, if something was not done. But Congress refused to Listen, along with the arrogant Congressman, Barney Frank. This video says it all. The media reportedly did not want this video on You Tube; it was taken off. This link is of the same video, but is routed through Canada . Everyone in America needs to see this before it is yanked off the Internet again!


Let's see how far we can spread it before it's pulled off the Canadian site.

http://www.youtube.com/watch_popup?v=cMnSp4qEXNM&NR=1

[SHMIV]

Interesting

[Taggure]

Maybe Fox News will re-run that clip in their lookback edition

[SHMIV]

Maybe Fox News will re-run that clip in their lookback edition

They should...

[Yarddawg]

Add President Clinton to the long list of people who deserve a share of the blame for the housing bubble and bust. A recently re-exposed document shows that his administration went to ridiculous lengths to increase the national homeownership rate. It promoted paper-thin downpayments and pushed for ways to get lenders to give mortgage loans to first-time buyers with shaky financing and incomes. It’s clear now that the erosion of lending standards pushed prices up by increasing demand, and later led to waves of defaults by people who never should have bought a home in the first place.

Read more at: http://www.businessweek.com/the_thread/ ... drive.html