$700 B Bailout

[Sheriff Gonna Getcha]

Originally Posted by saden1

Assuming you own your own home I am curious as to how many people in here actually read their loan documents in their entirety before they signed them?

I did. No one should ever expect that people who are in the business of making money off of you (e.g., lenders) are also looking out for your best interests. To absolve people of all blame for signing documents that they did not read doesn't seem right. The lenders deserve some blame for this crisis, but so do the borrowers.

[Slingin Sammy 33]

Since YouTube videos seem to be the thing to do I thought this was appropriate. Seems like there is some serious blame lying a the feet of the Dems in this video. At 8:15, President Clinton weighs in also.

YouTube - Democrats Defend Fannie/Freddie from...

I do NOT agree with the accusation in the video that "Frank Raines is Obama's economic advisor". I haven't researched any other claims the video makes, but it looks pretty damning for the Dems in that committee.

[saden1]

Originally Posted by Slingin Sammy 33

Since YouTube videos seem to be the thing to do I thought this was appropriate. Seems like there is some serious blame lying a the feet of the Dems in this video. At 8:15, President Clinton weighs in also.

YouTube - Democrats Defend Fannie/Freddie from Regulation - 2004 Video


I do NOT agree with the accusation in the video that "Frank Raines is Obama's economic advisor". I haven't researched any other claims the video makes, but it looks pretty damning for the Dems in that committee.

Man, those people need a beat down. The Dems look like they were bought and paid for by Fannie and Freddie. Waters seems like Raines mistress.