How Congress FAILed to protect our economy

Rep. Barney Frank (D-MA) "...safety and soundness...is not an issue",
Rep. Maxine Waters (D-CA) "...we do not have a crisis at Fannie Mae and Freddie Mac",
Rep. Gregory Meeks (D-NY) "...theres nothing that's indicated that's wrong with Fannie Mae...".
Sen. Charles Schumer (D-NY), Jack Reed (D-RI), and other elected Democrats DEFENDED Freddie and Fannie in 2003 & 2005 and REFUSED TO LISTEN to Sen. Chuck Hagel (R-NE), Rep. Ed Royce (R-CA), Rep. Don Manzullo (R-IL), Rep. Chris Shays (R-CT) and other elected Republicans.

Why???

WAtch the video and just check out the list of receipients of campaign contributions at 5:17 ... even the "One" and "Only", the great "hOpe" of the democratic party is listed. Don't expect much in the way of "change" any time sOon.