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| Foreclosed homes, 2009. Photo by Will Steacy. |
Video Surfaces of Hillary Clinton Blaming Homeowners for Financial Crisis
That doesn't sound very nice of her, does it? That sounds like blaming the victim! But then again, it is (following a 13-second clip from the Democratic debate of October 13 2015 as introduction) a 14-second clip of three extracts from a speech, presented at NASDAQ on December 5 2007, just as the subprime crisis was staring to blow up, and you can see that it didn't exactly "surface"; it was fairly carefully edited by people who knew what they were looking for. And even as edited it doesn't say what the headline says: (a) she wonders who's to blame for the housing crisis, (b) there's a lot of blame to go around, and (c) a certain type of "homebuyers" (not homeowners) deserve some small portion of it.
If you go on to look at the text (which the U.S. Uncut site did helpfully link), you can see that the homeowners' share as she saw it was pretty small. She started with the lenders and brokers
who irresponsibly lowered underwriting standards, pushed risky mortgages, and hid the details in the fine print.Then the Bush administration and its regulatory agencies,

