Timeline shows Bush, McCain warning Dems of financial and housing crisis; meltdown
Business • October 2009 • Views: 412
Youtube Video
Youtube video.
The Bush administration and Senator McCain warned repeatedly about Fanny Mae and Freddy Mac and what thus became the 2008 financial crisis — starting in 2002 (and actually even earlier). Democrats resisted and kept to their party line, extending loans to people who couldn’t afford them.
The result was catastrophic.