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Burning Down The House: What Caused Our Economic Crisis? Bombshell

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This video is an informative look at the factors that are causing our current financial and economic crisis. It discusses policy changes 13 years ago that unleashed the sub-prime mortgage-backed securities market, which accelerated prices erratically, inviting speculation and loose lending practices which were both condoned and encouraged by existing regulation and carried out by risk-blind executives and Fannie Mae and Freddie Mac.Aside from ripping the corporate goons in the media, please be respectful in your comments. Thanks.Obama Bombshell Redistribution of Wealth Audio Uncovered

Channel: News & Politics
Uploaded: January 1, 1970 at 7:29 am
Author: TheMouthPeace

Length: 40:52
Rating: 4.29
Views: 1851531

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Video Comments

ancestralyuba (January 1, 1970 at 7:29 am)
Still the best educational video on this subject. Thanks.
takenbyitfast (January 1, 1970 at 7:29 am)
Ok. Economics proves that as interest rates on mortgages are higher, generally the economy is doing better. And we did not elect Barack Obama just because he could talk well; he is much more than a great public speaker. And when Bush entered the white house we had a stable economy. When interest rates are low on mortgages, if you have a lot of money stashed away or own 7 houses and can get a loan, this is great news for you. And the McCain "bill" that failed in 2005, the senate majority was gop.
Ritaann2012 (January 1, 1970 at 7:29 am)
Mr Obama has lied to the American people about everything like FannieMae,Acorn,draft regist,were he got his moeny for campaign. Please dont allow him to continue to lie, and stop him from getting into the White House were it will just get worse.Dont be afraid to stand up for the Consititution. rallycongress (dot)com/constitutional-qualification/1244/stop-obama-constitutional-crisisSIGN ^^^^^^Stand up America & Fight
vllmer (January 1, 1970 at 7:29 am)
Obama helped sue banks 4 lending practices in '94. Worked with ACORN, which used activism/legislating on banks to lower lending standards. ACORN got money for its role in processing these high-risk loans! This encouraged push for more loans that SCREWED THE POOR! 2003-07 MULTIPLE efforts to regulate by republicans were blocked by democrats, SOME BY OBAMA. He pushed for lower lending standards before he was a senator, he defended practice after he became senator. I give him lots of credit.
dontbecutk (January 1, 1970 at 7:29 am)
Doesn't matter because the "Bilderberg Group/Illuminati/whoever really runs the economic show" need this to happen to lead the US, Canada and Mexico to the NAU and then eventually the NWO. Just have to get through the inevitable Depression I guess.
brikrantz (January 1, 1970 at 7:29 am)
I'm a registered Libertarian. You believe in the game that keeps this nation stuck in the doldrums of a 2 party system where one side hates the other, even though they are equally corrupt. I use the word NEO-CON, and you immediately assume that I'm a Democrat. You also have an obvious need to blame everything on the "other" party because yours can't POSSIBLY be involved, can they? That would make you WRONG! MY GOD! Open your mind, pay down your credit card debt, and drop the jingoism.
brikrantz (January 1, 1970 at 7:29 am)
Barack Obama didn't become a US Senator until January 2005. Are we to believe that his actions for his State Senatorial post in Illinois started the mess we're in today? You give him WAY too much credit. This is like blaming the imminent backruptcy of the Big 3 automakers on Henry Ford. Have you burned an effigy in your front yard yet? Enron and Worldcon are small potatoes compared to what's happening now. That was just theft. In reply to markwtr77, I'm a registered Libertarian.
dwn1237646 (January 1, 1970 at 7:29 am)
This country just elected a man because he talks well. Voters obviously did not make themselves privy to the facts. I went to a lecture given by the CEO of UMB bank and he stated everything in this video as causes of the housing collapse. When Bush, and then McCain tried to pass legislation to restrict reckless subprime loans it was shot down by democrats! Now we have a democratic house, congress, and radical democrat president. The very party more responsible then any republican!
markwtr77 (January 1, 1970 at 7:29 am)
better a neo con than a demonazi
DebbieforGod2012 (January 1, 1970 at 7:29 am)
Research Fanniemae,His draft card, Obama is using any methods to dodge summiting anything about himself his lie about late term abortion vote. America dont buy into the LIES anymore.Please sign the petition below, Stop this LIAR from stealing the White House Please get involved because if we dont you will wake up and say what happen, and thats what they want.rallycongress (dot)com/constitutional-qualification/1244/stop-obama-constitutional-crisisStand up America dont be Afraid

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