Eye-popping video of the Franklin Raines era

These are excerpts taken from Congressional hearings about the dealings of Freddie Mac and Fannie Mae back in 2004.

http://www.youtube.com/watch?v=_MGT_cSi7Rs

Raines characterized housing as a riskless investment asset.  Wow!  That turned out to be dead wrong, but that’s not all this YouTube video reveals.

2 Responses to “Eye-popping video of the Franklin Raines era”

  1. Bruce B Says:

    Of course, the MSM is doing its best to ignore all the evidence that Democrats and their friends are at the center of this debacle. Keep up the good work getting the word out.

  2. buckeyerino Says:

    Thanks for commenting. Of course, there is plenty of blame to go around. There are some Republicans on Capitol Hill I’m not too trusting of, as well.


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