The Democrat coverup on their part in mortgage debacle
Doug Ross:
The Democrats created this debacle and true to form they are avoiding responsibility for the mess they made and in some cases profiting from it politically as well. But, if CBS is taking notice, hopefully other main stream media outlets will start getting the world out.
To its credit, CBS News reported this weekend that a variety of D.C. power players received sweetheart mortgage deals during the heyday of the real estate bubble. The main corporate player was Angelo Mozilo, CEO of Countrywide Financial, who curried favor with politicians, agency bureaucrats and regulators with 'special' loans.There is much more.
True to form, however, CBS waits until the last paragraph of the story to unleash this bombshell:
"Democrats are blocking a Republican effort to subpoena Countrywide documents."
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The Democrats created this debacle and true to form they are avoiding responsibility for the mess they made and in some cases profiting from it politically as well. But, if CBS is taking notice, hopefully other main stream media outlets will start getting the world out.
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