In 2008, I posted a video that showed the Demcrat’s refusal to deal with Republican concern about Fannie Mae and Freddie Mac. I wrote the following:
It is this meddling in the free market that has caused this crisis, this socialist redistribution of wealth. Since they did welfare reform in 1996, they had to find another way to redistribute wealth. And once again, socialism has failed. Stop blaming free enterprise when the businesses were just doing what the government was telling them to do.
To further illustrate how unconcerned Barney Frank was with the housing bubble, here’s a speech he gave in 2005:
“You are not going to see a collapse that you see when people talk about a bubble.”
Still trust the Democrats with the economy? Why?