Flashback: Maxine Waters and Democrats Defend Fannie Mae and Freddie Mac

Democrats in their own words, covering up the Fannie Mae, Freddie Mac scam that caused our economic crisis.

Watch as the scandal ridden Maxine Waters, who is next in line to be ranking member of the House Finance Committee, defends the organization that almost brought down the entire US economy.

Of course, the whole thing was George Bush's fault.