In 1999 Bill Clinton gave instructions for preferential home loans to be given to low income families without a downpayment. And started the slippery slope down which we have slid.
Democrats like Dodd and Obama have been the #1 and #2 beneficiaries from the situation and their friends have made tens of millions, one made $90 million as head of one of the Fannie Mae and Freddie Mac groups in a short few years.
Democrats in Congress and the Senate have BLOCKED all efforts to regulate Fannie & Freddie.
Ignoring all FACTS, Obama and the Democrats try to blame President Bush for the Democrat obstructionist actions and lay the catastrophic national finances at the Busj administration's door instead of Clinton and themselves.
WAIT FOR THE GRAPHIC BELOW TO CHANGE VIEWS
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