Are Republicans Really Responsible For the Financial Crisis of 2008?
Are Republicans Really Responsible For the Financial Crisis of 2008? Wednesday October 1, 2008#spacer{clear:left}#abc #sidebar{margin-top:1.5em}zSB(3,3) As the nation’s financial crisis wears on, and lawmakers in Washington, DC prepare to vote tonight on legislation that would throw billions of dollars at the problem, people are beginning to wonder, if they haven’t already, how things got so bad. Despite Democratic presidential nominee Barack Obama’s assertion that the crises stems from the so-called “failed Republican policies of the last eight years,” which he says were “put in place by George Bush and supported by John McCain,” evidence is beginning to emerge that Obama’s claims simply are not true. Take a look at this outrageous video from 2004 that shows Democrats denying there are any problems with Fannie Mae or Freddie Mac and vicio
