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My husband, the inspiration for this blog, sent me to view the following video. It is pointedly biased, I admit, but I think we need a little more bias on the "other side". I haven't commented on this all week, because I've been busy with other things, but it's been unsettling to me to see how the problems with the economy, which are blamed on poor regulation of the Fannie Mae, Freddie Mac, etc., have been blamed on "the current administration" or in the words of Nancy Pelosi, "the failed policies of the Bush administration". Who, and what party, was saying what in the following clip from a 2004 hearing? And I wonder how long this video will stay online?
Friday, October 16, 2009
Fannie Mae Freddie Mac Crisis Video
The following was posted to MTP about a year ago today, laying a good foundation for what started the real estate crisis. Read and view:
My husband, the inspiration for this blog, sent me to view the following video. It is pointedly biased, I admit, but I think we need a little more bias on the "other side". I haven't commented on this all week, because I've been busy with other things, but it's been unsettling to me to see how the problems with the economy, which are blamed on poor regulation of the Fannie Mae, Freddie Mac, etc., have been blamed on "the current administration" or in the words of Nancy Pelosi, "the failed policies of the Bush administration". Who, and what party, was saying what in the following clip from a 2004 hearing? And I wonder how long this video will stay online?
My husband, the inspiration for this blog, sent me to view the following video. It is pointedly biased, I admit, but I think we need a little more bias on the "other side". I haven't commented on this all week, because I've been busy with other things, but it's been unsettling to me to see how the problems with the economy, which are blamed on poor regulation of the Fannie Mae, Freddie Mac, etc., have been blamed on "the current administration" or in the words of Nancy Pelosi, "the failed policies of the Bush administration". Who, and what party, was saying what in the following clip from a 2004 hearing? And I wonder how long this video will stay online?
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