Skip to comments.Whistleblower: Pelosi Covered Up Role In Crisis (Housing Bubble)
Posted on 01/22/2015 6:15:16 PM PST by Para-Ord.45
Subprime Scandal: We've long suspected the Financial Crisis Inquiry Commission wasn't honest in examining events before the meltdown. But an ex-commissioner says the probe was actually a full-blown political cover-up.
In a just-released book, former FCIC member Peter Wallison says that a Democratic Congress worked with the commission's Democratic chairman to whitewash the government's central role in the mortgage debacle. The conspiracy helped protect some of the Democrats' biggest stars from scrutiny and accountability while helping justify the biggest government takeover of the financial sector since the New Deal.
Wallison's sobering, trenchantly written "Hidden in Plain Sight: What Really Caused the World's Worst Financial Crisis and Why It Could Happen Again" reveals that the Democrat-led panel buried key data proving that the U.S. Department of Housing and Urban Development and other federal agencies pushed the housing market over the subprime cliff. The final FCIC report put the blame squarely on Wall Street.
(Excerpt) Read more at news.investors.com ...
Gee, congressmen involved in that giant pile-of-crap?
Who would have thought?
And who would have guessed that our political elite would try covering it up?
Nah, that’s just Conspiracy Nut-Job talk!
Phil Angelides is a long-time POS who’s been floating around in the Rat Toilet Bowl here in California for years. He was at one time State Treasurer.
BTW good on you for Para-Ord.
I’m convinced that “Stretch”must have been(at one time)involved with forensic,medical analysis.After all,didn’t she say(re:ObamaCare Bill):”We Have To Pass It In Order To See What’s In It”?This is what they do when taking”STOOL SAMPLES”!!!!!!!!!!!!!!!!!!
The housing bubble and subsequent crash is 95% the fault of Democrat policies and legislation for the past fourty years - it’s all been covered up.....
For a very good summary of the housing meltdown that names names, read THE ARCHITECTS OF RUIN, by Peter Schweizer. Well-documented, easy to read, it’s a full-blown indictment of the liberal mafia.
Not surprised here-But will anyone ever be held to account ? Doubt it. They get away with everything.
Not another Patriots bashing post.
Just bought it on Amazon. The left’s flying monkeys have trashed the reviews section, which tells me it must be worth reading.
The housing bubble and subsequent crash is 95% the fault of Democrat policies and legislation <<
Just a lil more proof https://www.youtube.com/watch?gl=CO&hl=es-419&v=Yga7TlsA-1A
Barney Frank was up to his a** in this coverup
An excellent book.
As Rush so very well explained earlier this week, America doesn’t have a media. The men and women to whom we temporarily grant enormous trust and power can typically betray us without concern for punishment.
I held my nose and voted in 2014. I’ll not play the role of Charlie Brown again. I’ll not condone criminality.
What galls me is that nbccbsabccnn are plum eat up over the air in some footballs while ignoring this. I don’t watch them but notice obvious errors.
As is usually the case, social engineering leads to disasters with the tax payer picking up the tab for decisions made in Washington.
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