Obama's Failed Economic Policies

This video that I found probably explains what's going on in the Housing Market better than practically any other one that I've found and it highlights the type of thinking that Obama has when it comes to economic policies. He wants to use Government as a tool to advance the Middle class, when let's face it. Government has NEVER been able to do anything other than get out of the way to help people get ahead. Sure government is useful to keep people from starving and barely provide a living, but when it comes to really improving our lives all of that is squarely in our hands and there's nothing that government can do to make it better. They CAN however make it worse, by taxing and regulating us to death.
What amazes me is that there are actually polls showing that Obama is benefiting from the Housing implosion, even though most of the evidence points to the Democrats mostly being at fault here. As far back as 2004 the Bush Administration tried and failed to regulate these institutions and the Democrats did everything they could to keep those companies from any regulation. McCain picked up on this and has tried again and again in 2005, 2006 and 2007 to regulate these entities but was stopped by the Democrats every time.

One of the primary points of the video is that the CRA is what caused this whole mess, but in truth probably 80 to 90% of the loans didn't fall under the CRA. However, with that said, it was the lowering of the Standards to Accommodate the CRA that allowed the abuses in the system. People used the whole "No Money Down" mentality to buy homes as investments, especially here in Florida where you could basically buy a home "Pre-Construction" for a lower price, and once it's built turn around and sell it for a higher price. Problem was there were too many investors and in the end not enough homeowners to sell to.
Where was Obama in this? Obama actually sued Citibank for not providing enough of these CRA Loans. In addition during the years when McCain was trying to get regulations passed on these institutions, Obama was silent while raking in the cash.
Want more proof of Obama's failed economic policies utilizing Government as a tool of change? Obama's plan to revitalize Chicago's inner cities with Rezko met with utter failure. Most of the homes they built together are today either boarded up or demolished.
What all of this shows is that the supposed "change" that Obama is talking about is nothing but more of the same. More of the same MASSIVE government institutions, more of the same Socialization of the U.S.A. More of the same Washington Potitics controlling markets. More of the same Tax and spend and then when that runs out you go and tax and spend some more. That's not change, it's more of the same failed economic policies!

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?