We have covered this questions many times in the past but here is a great video from the Canadians, no less, on who is responsible for the housing financial disaster. We know who is responsible but so many in this country have this fixation on the Bush administration, but they are the one that tried on many occasions to install oversight to prevent the very disaster that took place. As the video shows it was blocked by every Democrat.
This isn't just one country that has been affected by this mess in housing and the banks that gave the by loans but many countries that bought into the bad loans that were sold everywhere in the world. Those foreign banks and others that bought these bogus offerings were encouraged by the fact that the United States would back them. OOPS!
Watch this video and learn just who is responsible and how the majority voter in this country just reelected these same criminals again to lead our country.
Keep the faith
http://www.youtube.com/watch?v=cMnSp4qEXNM&NR=1
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