Democrats Halted Recovery, Derailed Economy Last Summer

...the terrible triumvirate of Nancy Pelosi, Barack Obama, and Harry Reid insisted on starving the economy of energy, and persisted with proposals for jaw-dropping tax increases on the most productive. Finally, their party’s decades-long romance with lending mortgage money to unqualified borrowers came to a head at the “worst” possible time — for the nation, not for them — with the multibillion-dollar implosions at Fannie Mae and Freddie Mac, followed by the spread of the wreckage to other financial institutions.

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