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Video: Democrats Say “Nothing Wrong” At Fannie And Freddie In 2004
Since Democrats have attempted to rewrite history in the last couple of weeks blaming the financial crisis on George Bush, it has become necessary to review the tapes. Thanks to the YouTube world we live in the rewriting of history is a much harder thing to do.
As this video clearly shows, it has been Republicans from day one that have called for new regulations on Fannie and Freddie. Democrats however, wouldn’t hear of it. Democrats successfully blocked all meaningful legislation that would have brought Fannie and Freddie under control and prevented this mess.
(hat tip Hot Air)
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