Posted by
Rich Simpson on Saturday, November 08, 2008 12:00:00 AM
Sometimes, those of us that simply want the truth to be reported, instead of left leaning gotcha stories, feel like banging our heads against the wall! You see it every day with the news media. When you check out the reports, or had already gathered information containing all the facts, not just part of the facts, it is clear what these media members with a mission are up too.
Such is the case with the lost facts of the Fannie Mae/Freddie Mac firestorm. Here is a video that pretty much sums it up. Couple what you are about to see, when you click the hyperlink, with the fact that the Bush Administration, and John McCain, made attempts to bring about tighter regulations for the housing market. And keep in mind that it was President Bill Clinton that signed into legislation that forced lending institutions to make loans to people that could not possibly pay off those loans.