They can blame Bush til hell freezes over

The fact remains … Democrats caused the financial crisis.

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Cartoon from: TerrellAfterMath.com

Timeline shows Bush, McCain warning Dems of financial and housing crisis; meltdown [4:00]

The Bush Admin and Senator McCain warned repeatedly about Fanny Mae and Freddie Mac and what thus became the 2008 financial crisis — starting in 2002.

Democrats resisted and kept to their party line, extending loans to people who couldn’t afford them.

The video includes quotes from Barney Frank touting the alleged financial soundness of Fanny and Freddie and from Chuck Schmucker about how Fanny and Freddie were doing “a very, very good job.”

2 Comments

Filed under Barney Frank, Democrats, George W. Bush, John McCain, Videos

2 responses to “They can blame Bush til hell freezes over

  1. A.Men

    Put Barney Frank in prison. Dodd should get the cell next to Barney. Crimes were committed in the financial meltdown. Enforce the laws on the books already! Put the criminals in prison!

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  2. As to the Financial Crisis in 2008, where does the blame belong?

    Who tried to reform Fannie/Freddie, and who insisted that nothing was wrong at Fannie/Freddie?

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