The Daily Show With Jon Stewart | Mon - Thurs 11p / 10c | |||
Barney Frank Pt. 2 | ||||
|
Everyone knows that Barney Frank, Chris Dodd, Nancy Pelosi, Harry Reid, and the rest of those despot Demoncrats are the true perpetrators in causing the housing bubble and subsequent financial collapse of today. They forced, arm twisted, and threatened sodomy on members of Congress to dole out Freddie Mac/Fannie Mae style loans to those blacks, mexicans, and low-class women when they had humongous power.
THEN, to make matters even worse, in 2004 those Demoncrats eliminated the down-payment requirement for Federal Housing Administration (FHA) loans!
Not to mention, virtually ALL of the $1.5 trillion of cratering subprime mortgages were backed by Freddie Mac and Fannie Mae. 'Nuff said.
They just wanted to push this "home-ownership" crap on free Americans who never wanted to own a home they couldn't afford anyhow.
1 comment:
You are so right Michelle. This crisis is all due to Barney Frank and Chris Dodd, its as simple as that.
Post a Comment