Obamas role in Fannie Mae Freddie Mac collapse

In The Wall Street Journal, Peter Wallison notes that taxpayers are on the hook for about $400 billion, partly because then Sen.

Barack Obama helped to block reform of Fannie Mae and Freddie Mac.

Source:
http://online.wsj.com/article/SB10001424052748704671904575193910683111250.html?mod=rss_opinion_main

Crisis predicted in detail in 2006 by financial adviser!!

Peter Schiff in a series videos in front of Mortgage Bankers Conference predicting in detail the collapse of the mortgage industry and its devastating effects on the greater economy.

Unbelievable!!!

From:
http://www.youtube.com/watch?v=MoSwkCog-Ro&feature=PlayList&p=02C71D0CDFF9F38B&index=4