Bush, McCain Warning Dems

The Bush Administration warned in April of 2001, in 2003, the fall of '03 to list a few and Senator McCain repeatedly warned Democrats of the financial and housing crisis meltdown regarding Fanny Mae and Freddy Mac that was looming.  This was long before what has thus became the 2008 financial crisis.  Warnings go back even earlier too, back to the Clinton and Carter White Houses.

Too many people in Congress, like Barney Frank (D) of Massachusetts, thought people who were concerned were hyping it up and bloating the issue.  Well, now we know that Barney was wrong, again!