Who Failed to Regulate Leading to Current Crisis?
Sep 30th, 2008 by Kevin Purcell
The Democrats in Congress and Barack Obama are trying to sell a bill of goods to the American people that the Republicans and the President failed to regulate the banking industry enough to keep us from reaching the current economic crisis. But this video shows the exact opposite.
Notice very Democrat is voicing support for the failed companies that started all of this. The reason is Fannie Mae and Freddie Mac have been giving them huge donations. The people who have received the most cash were Chris Dodd who is not the chairman of the committee responsible for the bailout, and Barack Obama whose present advisors used to work for them.
I sure wish I could run up ridiculous and dangerous debt and then be given a huge sum of money to leave and have someone pay off my debts for me.
