Smoking Gun - Freddie Mac Spared by Democrats

Here it is, the smoking gun we've been looking for. The proof that everyone needs to see the real cause of the Housing Crisis. How Democrats let bad loans spread like a cancer throughout the financial system bringing it to utter ruin. I've already written about how this all started, back in the Clinton Era, but here's just to show you that it wasn't something where no one knew what was going on, and people were clueless. There were willing and able accomplices to keep the scam on America going. Where's the coverage. Where's the spotlights. Where's CNN, ABC, CBS, NBC, MSNBC and their Coverage?
I've seen some of the reviews on this video on YouTube and I was pretty shocked, there are some saying that Obama knew nothing of this and was clueless. First of all, the video shows his own economic adviser defending Freddie Mac and Fannie Mae. Second, who do you think was first put in charge of finding his VP? Third, Obama was the largest recipient of Political Contributions from these Organizations.

The Proof is clear. Democrats defended these guys so they could rake in their bonuses, then turn around and kick some cold hard cash back to them. Will anything be done about this? With Democrats in charge of congress I doubt it.
McCain knew about this 3 years ago, he led efforts to try to stop it, but with Democrats in charge of Congress, it was practically impossible. Fox News is the only network doing stories on this. Where is everyone else?