Dems circled the wagons on Frank, Freddie and Fannie

Here's some fascinating video footage of House hearings (from several years ago) during which Democrats circled the wagons on behalf of Obama advisor (and then Fannie Mae Chair/CEO) Frank Raines and Freddie Mac and Fannie Mae.

Well, not everyone circled the wagons . . . watch all the way to the end for the statement by Bill Clinton.

Now Democrats are attempting to pin the failure of these institutions (and their millstone effect on financial markets) on Republicans? Talk about audacity.