More Housing Bad News Coming

There are alot of us who think the current economic crisis was spawned by three things:
1 - Out of Control Government spending made into an art form by the Obama Administration, especially on social programs.
2 - Democratic taxing policies that hinder small business which are the backbone of this country and the economy.
3 - Fannie and Freddie Housing losses fostered by Barney Frank and Chris Dodd's protection of Fannie and Freddie and the mandate to cover mortgages for people without an ability to pay. Here's more from that Idiot Chris Dodd:

In a bid to stem taxpayer losses for bad loans guaranteed by federal housing agencies Fanny Mae and Freddy Mac, Senator Bob Corker (R-Tenn) proposed that borrowers be required to make a 5% down payment in order to qualify. His proposal was rejected 57-42 on a party-line vote because, as Senator Chris Dodd (D-Conn) explained, "passage of such a requirement would restrict home ownership to only those who can afford it."

Who is Really Responsible for the Economic Crisis?

With all this talk about the Banks and Wall Street causing the current economic crisis, it was high time to expose who is really responsible along with Fannie Mae and Freddie Mac. And although I gave up trying to find to find a picture of Chris "cash in my pocket" Dodd, I at least found a picture of his partner in crime,..err,..crisis,...... Barney Frank, who is best know for allowing his Gay Lover to run a butt pirate brothel in his Washington D.C. condominium.

Who is Really to Blame for the Financial Mess?

Most of us already know who is to blame for the housing market collapse.

The Bush administration and John McCain were well aware of Fannie Mae and Freddie Mac's size being a major problem as well as their loan protocols to people would could not pay them back. The Democrats, led by Barney Frank (D-MA) ignored these warnings and this is why we are in this crisis now!!

I love it when you have facts on your side - nothing like video tape to refute the Democrats blaming everyone else.