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

Gokart Video Site
Gokart Video Site Gokart Video Site
Gokart Video Site

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: November 30, 1999 at 12:00 am
Author: TheMouthPeace

Length: 10:52
Rating: 4.29
Views: 1862355

Tags: 2008  analysis  Audio  Barack  barney  Biden  Bombshell  Bush  C-span  campaign2008  change  commentary  Crisis  documentary  Economic  economy  election  Ferrell  Fey  Financial  Frank  George  gotcha!  grassroots  joe  John  live  McCain  mortgage  Nancy  news  night  Obama  of  outreach  palin  pelosi  plumber  politics  Questions  Redistribution  saturday  skit  SNL  Soros  spread  subprime  the  Tina  Tough  Uncovered  unedited  vote  wassup  wealth  WFTV  Will  

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Video Comments

neos9898 (November 30, 1999 at 12:00 am)
someone is making a lot of money out of this "crisis" while you are losing your jobs.
aharnam (November 30, 1999 at 12:00 am)
interesting... just watch it muted though. music gave me a headache.
ronpaulflash (November 30, 1999 at 12:00 am)
I agree with your points, but the music just makes me laugh hard!
mosomos89 (November 30, 1999 at 12:00 am)
i love that you can't actually disprove any of the facts
greyflcn (November 30, 1999 at 12:00 am)
re: larson2334 ==amen you are right on track i can't believe others can't see it== Remind me, how much of these loans were caused by CRA regulated banks. greyfalcon. net/ cra.png Also, remind me, what is a credit default swap (i.e. Bond Insurance), and why is it key to understanding this financial crisis? greyfalcon. net/ cds2 And Who blocked regulation of Credit Default Swaps? greyfalcon. net/ cds
eichiefs9 (November 30, 1999 at 12:00 am)
i love that this cites things from wikipedia
zekretzpy (November 30, 1999 at 12:00 am)
Chris DODD is related to Stalin
BOwens1952 (November 30, 1999 at 12:00 am)
Like a child caught in a lie, still refusing to admit. Is'nt there a pyschological description for this... pyschopathic liar...pyschopathic liars.... Dems. Children who cannot grow up and be adult with their responsibilities. Not someone to elect to government. Barney Frank is a real good example. Chris Dodd another, Pelosi... yes. But I would run out of room trying. Let's hope the 12-6-08 Supreme Court rules Obama is not eligible for the office of the Presidency. He is the biggest liar.
larson2334 (November 30, 1999 at 12:00 am)
amen you are right on track i can't believe others can't see it
AmazingArends (November 30, 1999 at 12:00 am)
Too much reading. You should've had it narrated. A lot of people are not going to sit and read all that stuff.

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