More on Fannie/Freddie and Graft

(via Instapundit) This is an excellent question:

"And this is why Congress is half the approval rating of President Bush (lower than third-hand used car salesmen, or lawyers). This is why I'm glad that "quick is not good" is carrying the day. Here we are, at the so called "worst financial flop since the Depression" and the long term politicians are STILL being politicians instead of leaders.

So tell me again: why should I trust my government that is out to bury me? And why do we need (or want) professional politicians?"

Video - Burning Down The House: What Caused Our Economic Crisis?

Watch this. It's almost 10 minutes long but worth the time.


Update: Related Video here. Ouch Indeed.