These are the Democrats who profited at every step of the mortgage meltdown while blaming George W. Bush for the crisis...

Meltdown



This is housing giant Fannie Mae, described by pundits as a "job shop for out-of-work Democrats."


This is Fannie Mae's stock price, the collapse of which devastated the capital-to-asset ratios of banks and insurance companies like AIG (which held five billion dollars in Fannie Mae and Freddie Mac equities).



These are Democratic operatives Franklin Raines, Jamie Gorelick and Jim Johnson, the executive management team of Fannie Mae, all of whom were awarded positions after loyal service in the Clinton administration.


This is Barney Frank (D-MA), claiming that Fannie Mae and Freddie Mac are fine and that oversight is not needed.

Read the whole thing. The truth will out.