From a hearing in 2004, regulators and Republicans warning that Fannie Mae and Freddie Mac are headed for trouble, while Democrats Rep. Maxine Waters, Artur Davis, Lacy Clay, and Barney Frank insist there’s nothing wrong, and Rep. Gregory Meeks lambasts the regulators for claiming there was.
And at the end, see Bill Clinton acknowledge Democrat responsibility.
[Youtube link.]
Barney Frank, in particular, now seems to be in the vanguard calling for Republican heads for doing nothing to stop this crisis.
Why the bloody hell isn’t this stuff all over CNN, CNBC, and Fox?