And I was talking about it for over two years and meeting with congressmen, senators, Federal Reserve officials, trying to warn them, and nothing was done. Obviously, we know the consequences of that. The housing bubble blew up, cratered the economy and did so much damage. And then I saw the policy reaction where they bailed out Wall street and Wall street and the government were responsible for it. And then they let the community banks and Main street die. (15:33–15:40)
CLAIM
Asserts that the housing bubble caused significant economic damage.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
