Who's responsible for the Freddie/Fannie mess?


Special Report with Brit Hume.







Channel: News
Uploaded: September 23, 2008 at 11:09 pm
Author: pundital

Length: 00:03:27
Rating: 4.60
Views: 59232

Tags: special report mac fannie freddie mae brit hume

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Video Comments:
lindabee10 (November 26, 2008 at 7:24 pm)
The entire rotten structure of Wall Street is to blame. Heck, they're all in bed with each other financially, and this has been coming on since the 1980s. If you want to read all the gory details, here's the best article I've seen: Google:portfolio. com "the end of wall street's boom"
sherborninn (November 26, 2008 at 5:21 pm)
Where is the obvious question...how did the Democrats block this in committee if Republicans held the majority in the Senate? (The stuff about a 60% majority requirement is bunk. If it were true, why not say so?) Why didn't he report that the Dems supported stronger regulation, but supported a different version of a bill that would have accomplished the same thing (and some would say, tougher oversight)? Because it's Fox and the truth isn't the goal; the goal is to make the Dems look bad.
icouce (October 12, 2008 at 3:52 am)
Free markets did not fail, government intervention did. The regulatory effect of taxes is overlooked. One mans incentive is another mans loophole et vise versa. Moreover, profligate credit, deficits, Keynesian monetary expansion and the 1992 Community Redevelopment Act mandating loans to borrowers of dubious financial merit were all actions of government not of capitalism. Markets are punishing exactly the kind of behavior one expects them to punish -- yes Mr. Friedman, you did warn us.
kraythe (October 11, 2008 at 3:05 am)
@dougandsuzy:

You are a moron. you need 60% to take a bill from committee to the house floor. I told yo uto learn a bit of civics before you post again you idiot.

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