Housing Crisis: How did it happen?
- uploaded: Mar 7, 2009
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In 2002 President Bush gave a speech outlining the future plan to lower the credit requirements for home loans. "Civil Rights" organizations alleged discrimination was the reason minorities couldn't qualify for a home loan. Behind the scenes, Zionists saw an opportunity to expand the role of government and stepped in to take control of what's left of the Free Market. The result: by 2009 there were 2 million foreclosures. There will be an estimated 4-5 million more by 2012. This enormous debt has now been passed onto YOU, the tax payer.