Obama's Fannie Mae/Freddie Mac Connection-Truth! Many people are shouting , angry at Wall Street, but the problem goes deeper than Wall Street.
Some may know that the banks where threatened that they had to take loans on sub prime mortages and if you know bank lawyers and members of the bank boards, they will confirm, that they where forced to take sub prime mortages, nothing down, etc....read the article here.
Additionally, if you as an individual where forced to take loans you did not want, you would do what the banks did, you would try to get them off your books, so they called Wall Street.
Wall Street is getting the blame, but the action that started the ball rolling that destroyed the world's financial system, is what we should focus on. The reason is obvious, it should never be allowed to happen again.
Read the article and form your own opinion about who is trying to cover up the real reasons for the world financial collapse. What would you do, if you collapsed the world's financial system?
Form your own opinion, but be educated on your facts.
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