Tuesday, September 30, 2008

Absolute Shocking Video of the Financial Crisis: Subprime meltdown cause

Back in 2004, a congressional committee did a study on the mortgage industry and the need for regulation - especially the mortgage bank - "Freddie Mac/Mae"

See the politicians cry out - "No!@ No need for regulation!!!! Everything is fine!!!"

WTF???

Good grief. What were these morons thinking???? They ought to be jailed for this.

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