This is an older topic that was freshly visited by the Sage of South Central (Larry Elder) because of a caller calling him disingenuous. I edit his segment on it — directly below — and add links to many resources for further study. Enjoy, and please, pass along to Democrat friends and family that have a skewed view of this ~ blaming corporations, banks, or Wall Street.
The line-up of video used in the above Larry Elder audio is as follows:
- Bill Clinton vs. Barney Frank on Freddie/Fannie
- Flashback » Maxine Waters And Dems Defend Fannie Mae & Freddie Mac
- How Housing Policy Caused the Financial Crisis
- Timeline shows Bush, McCain warning Dems of financial and housing crisis; meltdown
Here is some of the resources I have previously posted on my site — bringing them to one place for the furtherance of putting liberals in their place.
- AEI Scholar Peter J. Wallison Talks Housing Crisis ~ Larry Elder interviews Peter J. Wallison, a lawyer and the Arthur F. Burns Fellow in Financial Policy Studies at the American Enterprise Institute. He specializes in financial markets deregulation.
- How The Democrats Caused The Financial Crisis: Starring Bill Clinton’s HUD Secretary Andrew Cuomo And Barack Obama; With Special Guest Appearances By Bill Clinton And Jimmy Carter
Larry Elder on his FACEBOOK notes some of these articles, so I will as well:
- This is Not George Bush’s Financial Crisis: Democrats Cannot Evade Responsibility For Much Longer
- “Hidden in Plain Sight” ~ Q&A with Peter Wallison on the 2008 financial crisis and why it might happen again
The following are very similar in substance (much of the video used at least). However, it is commented on and reordered a bit to make varying points that differ substantially:
- The Financial Crisis: Lets Go to the Video Tape…
- Democrats block regulation contributing to the 2008 housing financial crisis
This is merely a caller into the Michael Medved explaining succinctly the issue: Best Call of the Week. Likewise, here is a 30-second rebuttal by Larry Elder of the issue on his radio show: A Quick Rebuff to Freddie Fannie Charge. And finally here is Judge Andrew Napolitano’s speaking to the issue:
I hope this helps people settle old conversations.