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What caused the economic crisis???

Came across this fantastic video....

http://www.youtube.com/watch?v=H5tZc8oH--o

Gives some very interesting insight into what I kind of knew but you just kind of forget over time... it is a bit long but it is very much worth the watch.

May be too late to stop it but we can help make sure it does not happen again and keep it from getting worse...

Let me know what you think.

PS... I did not make the video and have no benefit in driving traffic...

Posted by Mark Ryan, Broker, CRS, ABR, CDPE on 09/28/2008 11:39 PM

Comments (5)

Economic Crisis in the ActiveRain Channel

economic crisis

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5 Comments on What caused the economic crisis???

SEP

2008

no one there?

SEP

2008

The prodding of Lawmakers to have Fannie and Freddie loosen up their restriction since the late 90's. This was the precursor to it all.

Richard

Eight years of Bush.

Joe

Saw this video over on Twitter. It's very well researched, and will hopefully open the eyes of a sometimes short-sighted public in an election year.

Joe,

If you watch the video and/or do any real research you will see that the "Bush is the devil" type of comments are just hate and not based on fact.

Check the FACTS and you will find that the democrats are MUCH more responsible for the crazy lending that went on... in the name of housing "Opportunity" ACORN anyone???

John,

I can only hope...

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