Video on the Cause of the Financial Mess
Here is an interesting video detailing the causes of the financial mess. Since the media isn’t willing to do it’s job, someone else had to do it for them. Hat tip to Newbie Shooter.
A couple details I was unaware of:
1. The law firm Obama worked for sued banks if they were not making a sufficient number of “affordable mortgages” available to people.
2. In 2005, Sen. McCain sponsored a set of reform proposals for Fannie and Freddie that was blocked by the Democrats, including Sen. Obama.