The Real Reason for the Financial Crisis

So, assuming you're correct that it was rising house prices that caused MBS's to be "good business decisions," how exactly do you explain the dramatic increase in the housing market since 1995? I'll tell you: the CRA. And if you understand economics at all, I won't have to explain that to you. Oh, and how do you consider severe penalties to institutions that don't meet a "quota" to be NOT forcing banks to make bad loans?

he is correct about everything except the republican part. democrats were complicit as well. clinton administration larry summers who dumbass obama may be considering for the treasury. i am gonna lose it with people that think they are so progressive cause they support obama. he was the lesser of the two evils thats all. you are a fucking moron if you think change is coming. wake the fuck up you mindless drones! the fucking masses make me sick. republicrat idiots.

People who vote for "mainstream" politicians are damned morons. End the 2-party strangle hold on America's political system. Boycott Republicans and Democrats.

I noticed an interesting fact while watching this. The video that show's that Obama, Clinton and Biden are largely to blame for all of this actually shows links and references in the video, which I personally verified as accurate. This video does not.

This is the end result of fractionalized banking practice by the federal reserve. This is not an accident. It is engineered and If you are in denial it proves how ignorant you are. Always the other guys falt. Go ahead wrap your self in the I'm so happy Obammy is the president flag. He wont save shit. Even you. Drink the koolaid. Go nite nite.

It is not only owned by republicans who was president in 1999? BILL CLINTON both party agreed with this both partys suck get rid of them both and lets return to the constitution and sound money.

Drink the kool-aid you dumb son of a bitch.