This video features a young Barack Obama and others confirming banks were forced to make risky loans that came to be called “Ninja Loans”—no income, no job, no assets required. (Video: YouTube)
Rep. Nancy Pelosi (D-Calif.) held a presser on Thursday, blaming President George W. Bush for the troubled U.S. economy. Pelosi told media Republicans want to return the country to policies that caused the “trouble in the first place,” and President Barack Obama wants to take the economy “forward.”
Pelosi actually could have blamed President Franklin D. Roosevelt, but what’s interesting in the present is that her Bush-bashing presser is upended by a confession from Obama’s Treasury Secretary Tim Geithner when he testified before Congress.
For your amusement, some facts that fly in the face of Pelosi’s purely political statements: