This video shows that George Bush tried to warn Congress in 2002 that this economic crisis was coming, if something was not done. But congress refused to listen, along with Barney Frank. This video says it all.
Also the liberal AMERICAN media did not want this video on You Tube, so they had Time Warner threaten a lawsuit ("proprietary rights") if it was not taken off. This link is the same video but is routed through Canada. Everyone in America needs to see this!
Well, I doubt that the Rep. Admin. was as all knowing as they appear in that clip and even if they were why didn't they do something about it while they had a majority in Congress for 6 years and a President for 8, why? because they couldn't run a whorehouse across the street from an Army Post and make a profit.