Quite the sensationalist video. Unfortunately, this is so slanted it may tip the axis of the earth.
The truth is that there's enough blame to go around everywhere. Factcheck.org recently released an article about "who is to blame", and I think that you should give it an honest read.
This is a must see. The truth behind the housing crisis. See how the Dems continue to lie while they grease their hands. more about "What Caused Our Economic Crisis?", posted with vodpod
I found the above video extraordinarily helpful in understanding exactly how we arrived at this current economic crisis. The video is almost ten minutes long and moves very fast. Be prepared to pause often to read the news clips and examine the many charts and graphs. The video does (unfortunately) detour very briefly into issues like immigration and education, and it has a clear political bias. Nevertheless, I think the main point stands: unregulated free markets did not cause this crisis; government regulation did.
My thanks to TheMouthPeace for the video. I looked up each and every article and graph. I have links below to all of the information presented in the video except a couple of graphs.Subprime Lender Implosion: Bad Omen For Housing MarketThe Community Reinvestment ActPolicy Link: Community Reinvestment Act
Democrats exposed as the driving force behind the Housing Bubble and, thus, behind the Economic problems we're having right now. Perhaps now the Left will move towards the Truth. I'm not holding my breath.
The truth is that there's enough blame to go around everywhere. Factcheck.org recently released an article about "who is to blame", and I think that you should give it an honest read.
http://www.factcheck.org/elections-2008/who_caused_the_economic_crisis.html