What Caused the Economic Crisis in US?

If you can’t tell, I’m really mad about the lies and deception being spread about the cause of our economic woes today. Barack Obama stated in the last debate that we shouldn’t be looking backwards for blame but rather forward for a solution (my paraphrase). But you know what…it ticked me off to listen to Nancy Pelosi point fingers of blame at “Republicans” and praise the likes of Senators Chris Dodd and Barney Frank when the initial bailout bill was on the table. I’m not saying that there were no Republicans to blame for the crisis…but c’mon – quit lying to us! (Please understand, I’m not trying to make this a Republican vs Democrat thing…but rather asking our leaders to throw partisanship aside and speak plainly…everyone should own up to their personal/political participation in the fallout.)

Here’s another video laying out more information leading up to this economic disaster…the housing bubble…sub-prime mortgages.

As you can see in this video, there is good reason why Senator Obama doesn’t want us to look back to the cause…because he’s more than knee-deep in doo-doo over this himself.

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