Quote:How can you watch the

[Eugene]

[quote]How can you watch the video and still say that it was not the Dems fault??

Why don’t liberals put the country first instead of their ideology?[/quote]

Because the video is extremely biased.

* The push to coerce minorities and poor people into homeownership was bipartisan, Bush’s speeches are evidence.

* Neither Republicans nor Democrats saw anything wrong with the idea of 0 down adjustable NINJA loans up until the s**t hit the fan in 2007.

* Fannie and Freddie only played a minor role in the subprime crisis:

http://www.time.com/time/business/article/0,8599,1822014,00.html

“… more shocking was what followed from 2004 through 2006: The two mortgage giants got muscled aside by [b]Wall Street firms willing to underwrite bigger, riskier mortgages than Fannie and Freddie were allowed to touch[/b]. Their joint market share fell to only about 25% in 2006.

In other words, Fannie and Freddie were mostly bystanders to the worst excesses of the housing bubble”