Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis
Hyscience — THIS IS A MUST-SEE VIDEO AND ABSOLUTELY NAILS THE DEMOCRATS AS LIARS AND COVER UP ARTISTS - AND IN THEIR OWN WORDS!!! Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis. At a 2004 hearing see Democrat after Democrat covering up and attacking the regulations to protect Fannie Mae and Freddie Mac (their Cash Cows) that are now destroying our economy because the Democrats let them cheat. Clearly, and I do mean very clearly, the Democrats have been lying about their role ...

Devastating!... Dems Refuse to Reform Freddie & Fannie in 2004 (Video)
Gateway Pundit — Here you go-- Video proof of Democratic leaders refusing to reform over Fannie Mae and Freddie Mac. ...Don't expect to see this on the nightly news. Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis At this 2004 hearing Democrat after Democrat, including Rep. Barney Frank and Rep. Maxine Waters, covered up for Fannie Mae and Freddie Mac. Democrats covered up and killed legislation that would reform their cash cows. Obama has received $105,849 from troubled ...

CONTEMPORANEOUS VIDEO PROOF THAT THE DEMOCRATS ARE TOTALLY TO BLAME FOR THE FANNIE MAE FIASCO
THE ASTUTE BLOGGERS — VIA GATEWAY. THE GOP WANTED PROPER OVERSIGHT OF FANNIE MAE AND FREDDIE MAC. THE DEMOCRATS PREVENTED PROPER OVERSIGHT OF FANNIE MAE AND FREDDIE MAC. THE AMERICAN PUBLIC SHOULD PUNISH THE DEMOCRATS IN THE POLLS.REPEAT: THE GOP WANTED PROPER OVERSIGHT OF FANNIE MAE AND FREDDIE MAC. THE DEMOCRATS PREVENTED PROPER OVERSIGHT OF FANNIE MAE AND FREDDIE MAC. THE AMERICAN PUBLIC SHOULD PUNISH THE DEMOCRATS IN THE ...

Bombshell video shows Democrats responsible for crisis
USS Neverdock —

It Wasn't Broke
Classical Values — It Wasn't Broke The video is about 9 minutes. If you would like more details on how we got into this mortgage meltdown mess may I suggest The Best Congress Fannie Could Buy . H/T No Quarter

Guess who was covering for Fannie Mae and Freddie Mac in 2004?
Stop The ACLU — Hint: it wasn’t Republicans. Not surprising, considering that the top five recipients of campaign contributions from Fannie and Freddie were — shockah — Democrats! 17 out of the 25 top recipients were Democrats. No wonder they weren’t willing to reform Fannie Mae and Freddie Mac. It would’ve killed their cash cows. [image] And, surprise surprise, look who’s sitting pretty at number three. And that’s not even with a full term in the Senate completed yet. Imagine that. And, as Gateway Pundit points out , Fannie Mae chairman Jim Johnson is still advising Obama. Change we can believe in? Don’t count on it. Every time majority Republicans tried to pass legislation ...

Guess who was covering for Fannie Mae and Freddie Mac in 2004?
Wizbang — Hint: it wasn't Republicans. Not surprising, considering that the top five recipients of campaign contributions from Fannie and Freddie were -- shockah -- Democrats! 17 out of the 25 top recipients were Democrats. No wonder they weren't willing to reform Fannie Mae and Freddie Mac. It would've killed their cash cows. [image] And, surprise surprise, look who's sitting pretty at number three. And that's not even with a full term in the Senate completed yet. Imagine that. And, as Gateway Pundit points out , Fannie Mae chairman Jim Johnson is still advising Obama. Change we can believe in? Don't count on it. Every time majority Republicans tried to pass ...

House GOP rejects latest bailout proposal
Hot Air » Top Picks — House GOP rejects latest bailout proposal posted at 4:09 pm on September 27, 2008 by Allahpundit Send to a Friend | printer-friendly Too many ornaments on the left’s Christmas tree , with the star on top being Chris Dodd’s preposterous proposal to make sure ACORN gets a cut of the income from each distressed asset sold at a profit even if distressed assets in the aggregate are sold at a loss . They’ve got a little more than 24 hours to pass a bill before the markets in Asia open Monday; Roy Blunt thinks if they don’t have it done by then, there won’t be a deal until late next week. Any problem with that? Read Bill Kristol’s latest at ...

Video: House Republicans Try To Fix Fannie Mae/Freddie Mac In 2004, Get Stifled By Democrats
Say Anything — Key quote from Rep. Maxine Waters: “Mr. Chairman, we do not have a crisis at Freddie Mac...” Personally, I think there’s enough blame to go around for both Republicans and Democrats.  But if Obama and Harry Reid and Nancy Pelosi are going to try and lay this at the feet of Republicans, it’s worth pointing that Democrat hands aren’t clean either. ...

Bailout: Congressional Scallywags still playing games…
The Anchoress — I’m sorry, I really would like to be non-political about it - as to assigning blame for the crisis, there is plenty to go around, even to the credit-hungry public - but it is impossible not to talk about political parties as long as the Democrats insist on playing games with the bailout. Read what Chris Dodd (D-CT) tried to insert into the latest proposal here. It seems like the role of the GOP - when they are even invited to participate in this pressing matter - is to be the parent saying “no” to all the children wondering what they can grab for themselves under cover of a national (and quickly becoming an ...

How Democrats helped enable the current economic crisis, continued
Sister Toldjah — More evidence, in addition to what’s already been documented, about how Democrats enabled lenders like Fannie Mae and Freddie Mac to get us into the economic crisis we see today. The video is from a 2004 House hearing on questionable FM/FM lending practices that regulators had brought to light. Note the hostility of many of the Democrats in the room to the regulator, with one of them even implying racism behind the report. The video will at times make you gasp, when you contrast what was said at that hearing versus what’s happening right now: ...

Congressional Democrats: Ain’t nothing wrong with Frannie and Freddie
protein wisdom — Of course, that was then… And this is now : suddenly — after Bush administration attempts in 2003 to avert this crisis, as well as John McCain’s 2005 attempt , both of which were opposed by Congressional Dems — according to Barack Obama we “have to recognize that [the current mortgage / credit crisis] is a final verdict on eight years of failed economic policies promoted by George Bush, supported by Senator McCain [...].” In Obama’s mind, it was he who sounded the alarm bells — not those actually trying to pass legislation for tougher oversite of a government run enterprise . “Two years ago,” Obama noted last evening, “I warned that, ...

The Fannie Mae testimony that will make you scream in anger
Doug Ross @ Journal — In 1997 President Clinton's HUD secretary, a man named Andrew Cuomo, claimed Fannie Mae had exhibited "racial discrimination" and proposed that 50 percent of the GSEs' (Fannie and Freddie) loan portfolio be made up of loans to low- and moderate-income borrowers by 2001. [image] ...

Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis
RedState: Conservative News and Community — Let's fix two things with this diary - by the way, as it stands I endorse the Paulson bailout - first off, it needs the video. Secondly, it needs to be fronted. - Moe Lane This video is an example of why working Americans are facing financial catastrophe while being railroaded towards socialism. Bill Clinton blames democrats at the videos end. http://www.youtube.com/watch?v=_MGT_cSi7Rs If you don’t want politicians who are pushing socialism on American to succeed (by giving mortgages to people who can not or will not re-pay them in the example of Fannie and ...

Media Praising Pelosi For Bailout Breakthrough
Snapped Shot — Nevermind that the Democrats themselves are responsible for failing to protect Americans from this financial crisis as far back as 2004: And pretend it wasn't during Bill Clinton's Administration that Fannie Mae was pressured to ease credit restrictions and provide affordable ...

Video: Democrats In Congress Defend And Cover For Fannie Mae And Freedie Mac
Nice Deb — Listen to these geniuses four years ago: First three idiots: Democrat Maxine Waters, CA: (reading from her statement): …Through nearly a dozen hearings where, frankly, we were trying to fix something that wasn’t broke. Mr. Chairman we do not have a crisis… Democrat ...

"They've done a tremendous job."
Babalú Blog: an island on the net without a bearded dictator — "They've done a tremendous job." Those are the words of Gregory Meek (D-NY) speaking in 2004 about Fannie Mae and Freddie Mac. Watch the video and go back in time to see the final roots of the financial disaster we face today. And the fault lies squarely with the Democrats. Sorry fellas, from their own mouth you'll hear it: Meeks, Barney Frank (D-MA), Maxine Waters (D-CA), Lacy Clay (D-MO), and the rest of the merry band of corrupt legislators. And, of course, Obama's financial advisor and former disgraced head of Fannie Mae, Franklin Raines. Posted by George Moneo at September 29, 2008 06:43 AM Comments Post a comment

"We Do Not Have a Crisis at Freddie Mac ... "
The Corner on National Review Online — [image] [image] NRO BLOG ROW | THE CORNER | ARCHIVES SEARCH E-MAIL PRINT RSS [image] [image] Monday, September 29, 2008 [image] "We Do Not Have a Crisis at Freddie Mac ... " [ Kathryn Jean Lopez ] This must haunt congressional Democrats. 09/29 09:00 AM [image] [image] [image] © National Review Online 2008. All Rights Reserved. Home | Search | NR / Digital | Donate | Media Kit | Contact Us This page loaded in 0.005914 seconds.

Democrats: There Is No Crisis at Fannie...Freddie (Pt. III in a series)
The Jawa Report — September 29, 2008 Democrats: There Is No Crisis at Fannie...Freddie (Pt. III in a series) More Democrats denying there was an impending crisis at Fannie Mae and Freddie Mac - this time, outright denied by Maxine Waters (D), the moron who threatened to socialize...er, nationalize the oil industry. And more. So much more. Watch the whole thing, and send it to everyone you know. Link to it everywhere. Do it. Now. Point and laugh derisively. Praising Franklin Raines. More Barney Frank. Democrats mad at the GOP for calling out these two corrupt companies...while denying there is a problem. Republicans calling for more regulations, oversight and accountability with Democrats ...

Video: Democrats insist “nothing wrong” at Fannie Mae, Freddie Mac in 2004
Hot Air » Top Picks — Video: Democrats insist “nothing wrong” at Fannie Mae, Freddie Mac in 2004 posted at 9:50 am on September 29, 2008 by Ed Morrissey Send to a Friend | printer-friendly By 2004, all of the elements of the current financial collapse had been in place for several years.  The aggressive approach to enforcing the Community Reinvestment Act (CRA) started under Bill Clinton in 1998, and the seemingly endless appetite for paper by Fannie Mae and Freddie Mac had turned massive amounts of bad loans into mortgage-backed securities to spread their cancer throughout the system.  In 2004, a year after the Bush administration tried to tighten regulation and oversight on ...

'No Crisis at Freddie Mac, Fannie Mae...'
The New Editor — Watch and learn from this video of a 2004 congressional hearing on Freddie Mac and Fannie Mae... (via Instapundit)

This is when Youtube really comes in handy....
RIGHTWINGSPARKLE — It's 2004, Democrats insist that there is nothing wrong with Fannie Mae and Freddie Mac and are insulted that Republicans are insisting that there is. Republicans try to insure regulations and are shot down by Democrats. The first speaker is boring but stick with it to the second speaker, Maxine Waters and then it gets better. It's worth it. via HotAir

What Problem?
Right Wing Nation — There’s no problem at Fannie Mae, you wingnuts!

Is the Bailout Dead? House Debate is On
FullosseousFlap's Dental Blog — Quite a kerfluffle on C-Span with the House debating HR 3997 - Financial Markets Bill. Flap will make comments in the right sidebar under Twitter Updates ———> Or Follow Flap on Twitter. In the meantime watch this video on the Democrats saying:”What Me Worry?” ...

Democrats In 2004…There Are No Problems At Fannie Mae Or Freddie Mac!
Ace of Spades HQ — Democrats In 2004…There Are No Problems At Fannie Mae Or Freddie Mac! Caught on tape…Republicans warning about the problems caused by handing out mortgages like candy on Halloween and Democrats claiming those concerns were simply a way to stop poor people from getting homes. Behold video you won’t be seeing in the MSM… As Ace says, the Democrats built the bomb that ripped through the markets. I think the worst thing about this bailout plan is it makes it nearly impossible to argue for free market solutions to problems going forward. Regardless of how much of the $700 Billion is actually spent or recouped, it will be thrown in the faces of people who say, ‘let the markets ...

More Documentation on the True Story of the Mortgage Crisis
Moonbattery — More documentation that Republicans foresaw the mortgage crisis and tried to prevent it, but were stopped by corrupt Democrats: If the Dems are able to skate away leaving Republicans holding the bag for this, it will be the greatest triumph yet for the mainstream media over reality. On a tip from Al ...

Matt Lewis: Dems Denied Problems with Fannie & Freddie
Townhall.com Blog's TownHall Blog — Watch this clip of Dems like Maxine Waters saying there is no crisis at Fannie May and Freddie Mac ...

That’s funny. . .
Silent Running — Even Bill Clinton says the Democrats are responsible for the sub-prime mess - wonder why the MSM hasn't called out The Community Organizer for trying to lay all this all at the feet of the Republicans? One more time, Barry, whose failed policies created this mess? Say it with me, I know ...

Failure by whom?
Mudville Gazette — Seems clear that our do nothing congress, did what they do best, nothing. Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis This should be all over the msm airwaves, will they ignore this? I bet'cha a nickel.

Republicans Wanted to Regulate Freddie & Fannie, Democrats Didn’t See a Problem
Stones Cry Out — In the first Presidential debate, Barack Obama used the line more than once that this credit crisis we’re in stems from policies that “shredded” regulations, and that assumed that regulation is “always bad”.  But that characterization is simply not true, and in the cases of Freddie and Fannie, which are government sponsored enterprises (GSE), government oversight is especially required. First of all, GSEs are a non-free-market concept, contrary to Rep. Barney Frank’s assertion that this credit crunch is a failure of the free market.  It is a government program to target certain sectors with cheap ...

Memory lane
Belmont Club — Although some critics will say that the selections from the 2004 hearings on Freddie Mac and Fannie Mae are cherry picked, can anyone seriously doubt, after watching this 8 1/2 minute video on the failed attempts to regulate these two institutions, that the Democrats also share a very large responsibility in creating the current financial mess. One of the most telling passages in the video was the description of how Freddie Mac and Fannie Mae simply hired anyone who might criticize it. It was like cooking a chicken in its own rendered fat.

Video: Who Wanted to Regulate the GSEs? The Answer is Here.
The Sundries Shack — This video, a compilation of Democratic statements during a hearing in 2004, is a must-watch today. If you really want to know who was enabling greed for the sake of political power, who was blocking regulation and limits on the power of the GSEs, and who exactly was calling for more regulation, the statements speak for themselves. Suffice it to say that you have been lied to all week long.

2004: Dems Say “No Crisis Here”
Pat Dollard | Young Americans —

The House Rejects $700 Billion Bailout
A Blog For All — So much for a tentative deal to spend up to $700 billion to bail out the financial industry. The text of the bill is here . Wall Street isn't liking this situation at all, as the DJIA has dropped more than 600 points (then bouncing off that low to hit a 500 point loss). The Dow had been down roughly 300 points today, but the market tanked once news that the House rejected the bailout proposal on a 185-197 vote . The preliminary vote was 185-197. Even as the electronic roll call began, Democratic and Republican leaders were uncertain about having enough votes to pass the politically unpopular plan. It's the most sweeping government intervention in ...

Obama, ACORN, and the Current Crisis
Weekly Standard Blog — The extent to which Rep. Barney Frank, Sen. Chris Dodd, Nancy Pelosi, Harry Reid, and Barack Obama himself are avoiding blame for this crisis despite symbiotic relationships with those who caused it is truly amazing. The nerve with which they hold forth about "unbridled capitalism" and "deregulation" while conveniently forgetting their culpability in government interference in the market, which first pressured banks (via Community Reinvestment Act) and then incentivized banks (via Fannie Mae and Freddie Mac) to make risky loans to people with troubled credit history. Obama has been heavily with a certain group of community organizers that encouraged such ...

Messages in Bottles
AMERICAN DIGEST — Congress, at the wheel of "Bailout Bill," rounds the far turn and streaks for the finish line. Rule of Thumb: The more hysterically Western intellectuals warn that something is totalitarian, the less totalitarian it is in reality; and the more they praise something for its equality, the more totalitarian it is in reality. - The Fourth Checkraise: The perils of crying Wolf The Prisoner's Tale: I had told him in a language we both understood, "I have no need of an enemy," and I've been telling the world that ever since. Whenever I catch myself thinking of someone as an enemy I ...

The view from the American heartland
Citizen Crain — September 29, 2008 The view from the American heartland Posted by: Kevin Nocontinued The mega-bailout bill went down in flames. I say: "Here, here!" Speaker Nancy Pelosi (D-CA), sensing the shifting polls in Congressional districts across the country against incumbent Democrats, even in safe districts, as angry phone calls and emails roll into Capitol Hill against the bailout, took to the well and blamed the GOP for the crisis just before the vote . She did this knowing that she was going to lose almost 100 of her own Democrats in this vote, and would need Republicans to pass it. She lost 12 votes in seconds. The bill failed. Approval ratings for ...

Barney Frank’s Fire
GayPatriot — it seems Bruce and I have been reading different sources to reach the same conclusion. It was not a failure of government to regulate which caused the current problems facing Wall Street, but an excess of government intervention which provoked it. Bruce posts my friend Rich Miniter’s piece which I had not yet seen, but addresses many of the issues I’ve been learning about these past seventy-two hours or so. A bill passed by a Democratic Congress and signed by a Democratic President (Jimmy Carter–can he do anything right?), the Community Reinvestment Act of 1977, basically forced banks to make loans to would-be home-buyers without ...

Depression looms in the land of William Goldman… I blame Maxine Waters
Roger L. Simon — Well, obviously she’s far from the only one,  but Ms. Waters represents the kind of ultra-reactionary pseudo-liberal who, in the guise of helping her own people (bringing dirt cheap loans through Freddie and Fannie), not only wrecks their lives but pulls down everyone else in the process. Her views, if you can call them that, are embarrassingly on display here. (video via Instapundit) And she will be reelected, no doubt (as will every other clown who created this mess - Chris Dodd, Barney Frank, etc). That is the way of the world.  Democracy, as Churchill, E. M. Forster and Plato pointed out, has its limitations.  The problem is - elitism may be ...

Problems? What Problems? I Don’t See No Stinkin’ Problems: Shocking Video of Fannie Mae / Freddie Mac Hearings [Reader Post]
Flopping Aces —

More on the Bailout
Power Line — First, a reminder of how we got where we are. House Republicans and Democrats debate reform of Fannie Mae and Freddy Mac: Now, on to the merits of today's vote. My instinct has been to support the bailout proposal, but a number of commentators have made cogent arguments to the contrary. At The Corner ...

Did the Democrats deliberately tank the bill?
Betsy's Page — Tuesday, September 30, 2008 Did the Democrats deliberately tank the bill? After blaming the Republicans for the entire mortgage crisis, Pelosi and other Democratic leaders were all happy to blame the Republicans for not delivering enough votes to pass the bill. However, the real question is why more of the majority didn't vote for the majority's bill? Why wasn't the Majority Whip, Jim Clyburn, even trying to whip up Democratic votes? ...

Happy 9th birthday credit crisis
Pundit Review — Happy 9th birthday credit crisis They grow up so fast don’t they? We didn’t get to where we are today overnight. The crisis we face is the result of a million bad decisions. Let’s start with us, the public. Many of us thought it was ok to stretch it on a mortgage, after all, prices only go in one direction, up. Plus it was more important to keep up with the Joneses than it was to live within your means. Another set of consumers thought that flipping houses was the way of the future, so they bought and sold, fudged some numbers on their loan docs and many eventually ran into a buzzsaw when the market turned. The third group of consumers as I see it are on the low end ...

Democrats release video showing who caused crisis
USS Neverdock — Tuesday, September 30, 2008 Democrats release video showing who caused crisis This page is powered by Blogger. Isn't yours?

Greetings From the King of Filth
Hog On Ice — I am Dirtier Than Sheryl Crow's Right Hand I got a hilarious comment on one of my other sites. "Mrcleankitchen" says: Man your lame and at the same time filthy. Who would want to eat something that has lots of filth you lazy ass wana be chef!? Dude hav you ever heard of microbial bacteria, free radicals and food born diseases?! I hope the health inspector shuts you down! I may be a lame "wana be" chef, but I "hav" heard of microbial bacteria! I'm enjoying a big bowl of them right now, smothered in free radical sauce! I hope you don't think I took this slander lying down. Here is my response: "Ha! You’re ...

Shame on the Democrats and their community organizers
RedState: Conservative News and Community — Thanks for organizing the financial crisis This is just wrong. The Washington Post reports voters spread the blame for the broader economic problems facing the country: In an open-ended question, a quarter of all voters said George W. Bush is responsible for the economy's relatively poor performance, more than any other single cause. About a quarter name Congress (8 percent), the federal government (8 percent) and Democrats and Republicans (5 percent each) together. Eighteen percent said Wall Street financial institutions and banks shoulder responsibility, 7 percent blame "everyone" and 5 percent highlighted the role of ...

First and Last (?) Post on the Crisis Today
Ace of Spades HQ — First and Last (?) Post on the Crisis Today Via Powerline, which quotes Andrew McCarthy suggesting the bill should also take care of CRA. As I argued with Qwinn, I'm in favor of destroying Qwinn, but I can't see how Democrats won't turn around and say, "Oh, you're pushing your political priorities in this bill? Okay, we want the government to bail out people defaulting on the mortgages they can't afford. That's our priority." Another quote has an economist saying "Let the markets work." Where were Barney and Chris? And here's the Washington Post's breakdown of the bill, section by section. With that, I'll try to keep off of the bailout thing ...

Hemingway: Googling the GREs
Articles on National Review Online — T here s only one way to make sure that there is some accountability in the current financial crisis. Americans need to insist on absolute transparency. Now that Fannie Mae and Freddie Mac s failures have forced the federal government to put both into conservatorship — costing taxpayers some $200 billion — Americans, who now own the two entities, are entitled to know what role the government-sponsored enterprises (GSEs) played in creating this mess. [image] [image] [image] [image] [image] The public needs to see every relevant scrap of paper: every balance sheet, expense report, and executive pay stub — and most importantly, every lobbying contract , memo related to ...

More of the record on Fannie Mae and Freddie Mac
Stubborn Facts — Want to see who to blame for this crisis? Watch this warning, from 4 years ago, by Republican Richard Baker, predicting exactly this crisis. Watch the Democrats denounce him and assure all of us that Fannie Mae and Freddie Mac are doing just fine, thank you very much. There are people responsible for this. We can identify them fairly easily; they are on record with their false reassurances. Why are they still in Congress? Why haven't they resigned in disgrace? The GOP, as I've repeatedly said, shares some blame; there were enough of its leadership in Congress suckling on the Fannie Mae / Freddie Mac ...

Should Heads Roll As a Condition of a Bailout?
Patterico's Pontifications — Pat at Stubborn Facts says no bailout should happen unless there is accountability for the people who caused this crisis: I want some accountability for the politicians who got us into this mess. I want accountability for Chris Dodd and all the other Friends of Angelo. I want accountability for all the politicians who fought Richard Baker tooth and nail while he steadfastly pursued (and ultimately exposed) the fundamental corruptions of Franklin Raines, Jim Johnson, and Fannie Mae and Freddie Mac. I want accountability for the Republican leadership who neither supported Rep. Baker nor gave him the power needed to accomplish further reforms. ...

A New Opportunity for McCain
The American Spectator — According to House Speaker Nancy Pelosi, the financial crisis is all due to the Bush Administration's "right wing ideology of anything goes, no supervision, no oversight, no regulation." But at a hearing in the House in 2004, now available in video on YouTube ...

Banned Obama video available
PoliPundit.com — Banned Obama video available The Community Reinvestment Act video that was banned from YouTube is now on LiveLeak here . Watch it and share it with your friends before it disappears again. And could any tech-savvy people download, save, and convert it? If we strip out the music, they can’t keep banning it. And after you’ve watched that, watch this one which doesn’t appear to be at risk of disappearing. -- W.C. Varones Posted at 10:27 am Link to this post | Comments (6)

More Devils, More Details
Wizbang — Earlier today, I talked about how I tend to be a bit more convinced by detailed explanations that vague generalities and empty statistics. While I was preparing that piece, I had one big example in mind -- but then didn't include it. It slipped my mind, but I'm going to pretend that I was actually setting up this followup piece. Namely, the current economic crisis we might or might not be having. There's been a lot of finger-pointing going on over just who ought to get tarred and feathered over this, and so far it's been a whole lot of smoke and very little fire. Everyone wants to say it was the other people's fault, and if we'd only listened to them, we'd be OK. Normally, I ...

VP Debate Preview: Will Biden Gaffe? Will Palin Be Set Free?
Pajamas Media — Tonight will mark the most consequential Vice Presidential debate in years. [image] Everyone from Bill Kristol to Mitt Romney to Byron York has advice for the McCain camp: free Sarah Palin. The wisdom — or is it hope — circulating among savvy conservatives is that she has been hampered by too little access and too little practice in mixing it up with the media. The MSM and liberal pundits have a different take: she is unprepared and dim-witted, so there was good reason to hide her from the press. (Meanwhile, John McCain, in a joint interview with Palin, told Katie Couric it was “gotcha” journalism which made Palin appear out of her league.) At the ...

The Regulator Speaks
Real Clear Politics - TIME.com — You may have seen a YouTube that's been zipping around the Internet over the past week featuring clips from a Congressional Hearing on Fannie Mae that took place in late September 2004 (as of this writing it has registered more than one million views). The eight minute and thirty-seven second video attacks Democrats for thwarting oversight of Fannie Mae and shows Republicans voicing support for increased regulation. One clip in the video offers what looks to be damning proof of Rep. Barney Frank declaring there are "no safety and soundness issues" with Fannie Mae. Another shows Rep. Maxine Waters saying there is "no crisis" and touting the "outstanding leadership of ...

Today's a Good Day to Repost This: 'Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scams that caused our Economic Crisis'
Hyscience — We first posted this back on September 27; Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis at a 2004 hearing in which you clearly see Democrat after Democrat covering up and attacking the regulations to protect Fannie Mae and Freddie Mac (their Cash Cows) that are now destroying our economy: Right Voices has a must-read compendium of The Wall Street Journal's recent editorial coverage of Fannie and Freddie that you will find incredible, and that's incredible in the sense that these things were actually said - and how is it ...

Burning Down The House: The Video Obama Had Shut Down Returns, Plus More
Pat Dollard | Young Americans — Former Freddie Mac CEO descriging the size of the bag of cash that was delivered last May to Obama “Barack Obama And Democrats Are Lying Their Fannie Asses Off” - Road Sassy As Mr. Mudd explains, as the CEO of Fannie Mae, he knows that there are troubles ahead (stated in 2005), but with the “Family” of Democrats, and those within the Congressional Black Caucus, he knows that these fine leaders will continue to be their “Conscience”, enabling Fannie Mae to continue to be the largest provider of loans for the “American Dream” to minorities. Now, Barack Obama blames Bush, McCain, and the Republicans for the ...

'What They Said About Fan and Fred'
Weekly Standard Blog — The Wall Street Journal continues to report on Democratic malfeasance in overseeing Fannie Mae and Freddie Mac, the unrestricted growth of which helped to create today's financial crisis. In their own words: Rep. Barney Frank (D., Mass.): I worry, frankly, that there's a tension here. The more people, in my judgment, exaggerate a 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 fundamentally sound financially and withstand some of the disaster scenarios. . . . Rep. Frank: I do think ...

Let’s look at the All-Star lineup!
Silent Running — Glenn said he thinks sportswriters have higher standards - let’s take a look at how that might work coming to us from the booth. . . Don: Hey, it’s another great day for political corruption, with beautiful weather for today’s rip-off of the American taxpayer. Charlie: It sure is Don, hey. it’s great to have all you folks with us while we sit here and cover the play by play, and for you folks just tuning in, let’s take a look at the rosters for the two teams taking the field this afternoon, Don. Don: Love to, Charlie. Taking the field first, with a lot of excitement and enthusiasm, is the blue team, led by (shuffles papers). . .well, it’s not really clear who’s ...

Must Watch/Must Email Videos
Ace of Spades HQ — Must Watch/Must Email Videos Viral attacks truth is where it's at in 2008. Democrats in their own words: Watch through to at least Barney Frank's comments about a "general shibboleth about soundness" and "wanting to roll the dice" in favor of affordable housing. Link. ...

Helping With the Burst Here
Anti-Idiotarian Rottweiler — Because some videos just need to be seen by people far and wide, so watch ‘em and spread ‘em. And thanks to LC & IB Ace for putting them up. Know how the Obaminable Blowman and his Donks are blaming the Freddie Mac/Fannie Mae collapse on “Republican deregulation?” O RLY? Let us take you back to 2004. Watch how Dhimmiswine react to an, ahem, REPUBLICAN trying desperately to get some regulation pushed through because he’s worried that otherwise the two are going to collapse and create a huge mess to clean up. You know, like they actually did 4 years later: YouTube Preview Image Or how about this one, a short timeline of what happened and just how many times ...

Glorious Hypocrisy
A Blog For All — You've got to hand it to Democrats. Just when you think that they can't be any more hypocritical, they go out and surprise you . Rep. Scott Garrett (R-NJ) is running for reelection against Democrat Dennis Schulman, who happens to be a blind rabbi. However, it seems that Mr. Schulman was blind to what his fellow Democrats were busy doing for the better part of the last three decades. Here's Schulman's latest video. His video is so busy trying to blame Republicans, and Garrett in particular, for the stock market crash and the toxic paper crisis that he's all too happy to ignore all those Democrats involved on their side. The warning signs were there as early as ...

Obama: Who caused the world financial crisis?
USS Neverdock — Wednesday, October 08, 2008 Obama: Who caused the world financial crisis? This page is powered by Blogger. Isn't yours?

Rebuttal of Obama's Deregulation Lie
Moonbattery — Not to grind this into the ground, but it was truly appalling to watch Obama during the debates last night accuse McCain and Republicans in general of causing Freddie Mac and Fannie Mae to collapse by opposing regulation. The reality is quite different: ...

Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis
¡No Pasarán! —

David Fiderer: Wagging the Dog With Fannie Mae: Republicans Explain the Financial Crisis With Racist Mythology
Politics on HuffingtonPost.com — "Is this video a lie?" wrote someone in response to my last piece on HuffPost. No, "lie" is an inadequate description. I uploaded the video link, seen by two million people before me, and gasped at the artful perversion of history. It was like a post-millennium version of The Birth of a Nation. In that silent film classic, a pivotal scene is prefaced by the title card: "AN HISTORICAL FACSIMILE of the State House of Representatives of South Carolina as it was in 1870." Then we see black legislators in session, drinking whiskey, eating chicken, resting bare feet on their desks, and leering after white women. ...

Empire of Yin - Part 2: The Persistent Blindness of Superiority
The Brussels Journal - The Voice of Conservatism in Europe — Hieronymus Bosch, The Seven Deadly Sins; Vanity – circa 1475-1480   The seer As a tyke, I sat in Catechism classes wearing the red neckerchief and Karl Marx pin of the socialist Young Pioneers, with Christ crucified on one wall and an Antichrist crucifier, Konstantin Rokossovsky, ...

Obama: Who caused the world financial crisis? - video
USS Neverdock — Saturday, October 11, 2008 Obama: Who caused the world financial crisis? - video This page is powered by Blogger. Isn't yours?

Maxine Waters Caught Lying About Fannie Mae Ties on 'Real Time'
NewsBusters.org - Exposing Liberal Media Bias — Maxine Waters, a key Democrat congresswoman that has been implicated in blocking government oversight that could have prevented the current financial crisis, was caught lying Friday evening about her connection to failed lenders Fannie Mae and Freddie Mac. During the panel discussion of HBO's "Real Time," Waters was challenged by the Wall Street Journal's Stephen Moore about the campaign contributions she's received from these government sponsored enterprises. Despite what public records clearly show, Waters denied she had ever taken any money from these two companies (video embedded right courtesy our ...

Obama: Who caused the world financial crisis? - video
USS Neverdock — Monday, October 13, 2008 Obama: Who caused the world financial crisis? - video This page is powered by Blogger. Isn't yours?

Democrats release video showing who caused crisis
USS Neverdock — Tuesday, October 14, 2008 Democrats release video showing who caused crisis This page is powered by Blogger. Isn't yours?

Obama, Democrats discuss the financial crisis - video
USS Neverdock — Friday, October 17, 2008 Obama, Democrats discuss the financial crisis - video This page is powered by Blogger. Isn't yours?

DEMOCRATS ARE DEAD WRONG
Dr. Sanity — Randall Hoven suggest that instead of going back 8 years, we look back 2 years to when the Democrats took over Congress: In December 2006, after six years of Bush and the last month before the Democrats took over both houses of the national legislature, a snapshot of our economy looked like this. Unemployment stood at 4.4%. Real GDP growth over the previous four years (under a Republican President, House and Senate) averaged 3% per year. A gallon of regular gasoline cost $2.30. The SandP 500 stock index stood at 1418, or 84% above its post-911 low and more than 7% higher than when Bush took ...

Hearings On Fannie and Freddie? Wait Until After Election
A Blog For All — Democrats wouldn't want to jeopardize their potential gains in elections across the country by holding hearings that might reveal just how tied to the huge scandal at Fannie Mae and Freddie Mac, including blocking Republican efforts to impose regulations and oversight of the two companies whose accounting would never be tolerated by any other company. They've decided to hold the hearings into the two companies after the election ...

Barney Frank: People Are Blaming Me For the Subprime Crisis Because I'm Gay, and Not Because I Blocked Reform and Determined We Should "Roll the Dice in Favor of Affordable Housing"
Ace of Spades HQ — Barney Frank: People Are Blaming Me For the Subprime Crisis Because I'm Gay, and Not Because I Blocked Reform and Determined We Should "Roll the Dice in Favor of Affordable Housing" Not only that, he's claiming he's actually led the attempts to reform the supbrime market. Ahem. ...

Frum(p)
Vodkapundit — I noticed that David Frum has weighed in on the election aftermath from his current perch at Canada’s National Post. Frum’s prescription is basically for the GOP’s to jettison Sarah Palin and her backwoods ilk, and glom on to David Brooks’ “bobo” philosophy in hopes of connecting with the electorate via a “less polarizing” message. This, Frum pontificates, is the “only hope for a Republican recovery.” Frum has quite a history of being the GOP’s self-appointed Chicken Little. Most famously, his tome Dead Right proclaimed the intellectual and electoral barrenness of conservatism in general and the GOP in particular, and offered Frum’s own prescriptions for the ...

Lest We Forget
Moonbattery — There is little doubt that our economy will steepen its decline when a sophomoric socialist takes over the White House, backed by an alarmingly inept, irresponsible, and radicalized Congress. As taxes shoot upward, jobs disappear, and our standard of living declines, the media will tell us that the crisis was set off by Republicans, and that Democrats are just trying to clean up the mess. Hopefully, a few people will remember who really did start the unraveling, and who tried to stop it: ...

Who says conservative bloggers don’t do reporting?
Michelle Malkin — Before we fully launch into the action-packed first week of 2009, I want to provide you with a year-end wrap-up of original blog reporting on this site and across the conservative blogosphere. Why? Well, over the weekend, a few bloggers on both the left and right perpetuated an ill-informed and self-serving myth that demands debunking. The myth is that conservative bloggers don’t do reporting. Michael Goldfarb ...

Lest We Forget…
Moonbattery — …who caused the crisis that Dems now want to use as a pretext for $1 trillion in unaffordable left-wing pork: …and how they tried to cover up the unfolding catastrophe: Putting Democrats in positions of responsibility will always ...

How Democrats Brought Down the American Economy
Moonbattery — Because we will no doubt be told for the next decade that the ongoing financial collapse is somehow the fault of W and the Republicans, we could never remind ourselves too often of who really caused the subprime crisis that set it off, and who tried to stop it: ...

Video Of Democrats Covering Up The Fannie Mae/Mac Mess
Flopping Aces — Surprised it took this long for someone to make this video. Here, in their own words, are Democrats covering up the Fannie Mae fiasco in which they say over and over again that there is no need for a fix while Republicans say over and over that it IS a mess and needs to fixed: ...

Immunize Yourself
Six Meat Buffet — In the coming dreary months of the recession you will constantly hear how greedy George W. Bush and his Republican minions caused the financial meltdown. With all the gravitas of Katie Couric and the integrity of Keith Olbermann, the news shows will assert this matter-of-factly until you begin to doubt the truth yourself. So you must watch this (Flopping Aces (via Protein Wisdom)) daily.

House Hearings on Fannie and Freddie
Maggie's Farm — From back in 2004:

Interesting Video On Fannie Mae And Freddy Mac
The Moderate Voice — This is a video from 2004 where Democrats seem to oppose and Republicans seem to favor stricter review and regulation of Fannie Mae and Freddy Mac. This is not to say that the Democrats did not favor stricter review or that the Republicans are innocent from blame and I do blame both sides for the mess. But for those who try to paint the other picture, the Democrats being those who fought for regulation against the GOP, it does change things a bit. It’s all in their own words, so watch it for yourself ...

Meltdown
Doug Ross @ Journal — [image] This is the private switching system, utilized by the Federal Reserve, that performs electronic financial transfers. [image] This is the vault that holds sixty billion of the taxpayers' dollars, which moved to an account owned by American International Group (AIG). [image] This is troubled insurance giant AIG, a company whose financial instruments undergird much of the world's financial system. [image] This is an eight-year stock chart of AIG, laid low by the collapse of housing giants Fannie Mae and Freddie Mac, and which requires tens of billions in taxpayer bailouts. [image] This is housing giant Fannie Mae, described by pundits as a "job ...

YOU SAY YOU WANT AN INQUISITION ?
Dr. Sanity — Then let's start the "Truth Commissions" with the worst of the lot: Oversight: Congressman Barney Frank says he wants some of those responsible for our current financial meltdown to be prosecuted. And we couldn't agree more. First up in the court dock: Rep. Barney Frank, D-Mass. Even by the extraordinarily loose standards of Congress, it takes some chutzpah for someone such as Frank to suggest that he'll seek prosecutions for those behind the housing and financial crunch and for what he called "a strongly empowered systemic risk regulator." Frank: Fannie Mae and Freddie Mac's point man in Washington. For Frank, perhaps more than ...

Maxine Waters Helped Bank Whose Stock She Once Owned
The Jawa Report — March 12, 2009 Maxine Waters Helped Bank Whose Stock She Once Owned Anti-war leftist, California Democrat Maxine Waters, has skeletons in her closet, past and present, MSM yawns. WASHINGTON -- When Rep. Barney Frank was looking to aid a Boston-based lender last fall, the Massachusetts Democrat urged Maxine Waters, a colleague on the House Financial Services Committee, to "stay out of it," he says. The reason: Ms. Waters, a longtime congresswoman from California, had close ties to the minority-owned institution, OneUnited Bank. Ms. Waters and her husband have both held financial stakes in the bank. Until recently, her husband was a director. At the same time, Ms. Waters ...

Obama Picks Freddie Mac Fox To Head FHA Chicken Coop
Pat Dollard | Young Americans — Bloomberg: Stevens Is Said to Head Obama’s Federal Housing Administration By Mark Drajem David Stevens, president and chief operating officer of real estate brokerage Long & Foster Cos., is President Barack Obama’s choice to head the Federal Housing Administration, according to people familiar with the selection. Stevens, a former Freddie Mac mortgage executive, would replace Federal Housing Commissioner Brian D. Montgomery, who was appointed by President George W. Bush. The people familiar with Stevens’s selection declined to comment because the Obama administration has yet to make an announcement. ...

How We Got Here
Moonbattery — As the bloated obscenity that calls itself our government steers a deliberate course into the heart of an economic depression, let's not forget how this whole mess got started: If the mainstream media let people know what's been going on, angry mobs would drag Democrats out of DC by their heels. On a tip from ...