Let’s go to the videotape

A number of conservative, right-leaning, and libertarian bloggers are drawing attention to various videos (like the one below) of compiled C-SPAN footage clips from a series of 2004 hearings on the need for regulation of Fannie Mae and Freddie Mac.  The upshot:  Republicans called the GSEs and their executives, including Franklin Raines, out on the carpet, while Democrats (notably today’s blame-meister, Rep. Barney Frank) denied anything was wrong, attacking the regulating agency and at more than one point playing the race card.

The video is pretty damning by anyone’s lights.  How long before these clips make the jump from the blogosphere to the newsosphere?

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One thought on “Let’s go to the videotape

  1. Pingback: But they said Fannie and Freddie were fine…! « WitSnapper | The Blog

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