This is a video compilation presenting clips of 2004 hearings to investigate Fannie and Freddie. Rush Limbaugh played the clips on his show today. Guess who was trying to reform Fannie and Freddie, and who was defending them and was blocking reform? Some of the people in the video are the same ones telling us what we should be doing. Judging from Franklin Raines’ assessment, you probably wouldn’t want him as your broker.
