Eleanor Clift: Fannie and Freddie Didn't Cause Mortgage Collapse - It Was Bush and Wall Street

(By Noel Sheppard, NewsBusters.org) - It is truly fascinating how liberal media members will do anything to protect the reputation of Fannie Mae and Freddie Mac.

On this weekend's "McLaughlin Group," Newsweek's Eleanor Clift revised history to largely absolve the two government-sponsored enterprises for last decade's mortgage collapse while predictably blaming it on Wall Street and of course George W. Bush: