Barack Obama, ACORN, and The Economic Crisis
Economic Disaster: A Special Report includes details about Chris Dodd, Barack Obama, Fannie Mae, Freddie Mac, Barney Frank, Great Depression, New Deal, John McCain and so much more. Parts 1 - 5 are here. Take the time to watch the whole thing if you want to understand the truth and determine how to avoid future disasters.
Finally, I am beginning to understand waht happened. It seems that it is not so much people not being able to pay the notes on little houses as much as "smart people" buying huge and/or second houses "while the gettin' was good" and then bailing out when the balance sheet tipped the other way.
ReplyDeleteAnd encouraged to do so by politicians' shenanigans, i.e. business as usual in Washington.
Thank you for posting this. I wouldn't have seen it otherwise.