| | Malkin slams White House for Toussie pardon
Conservative pundit says Bush administration allowed the 'subprime crisis to fester'
Michelle Malkin told Fox hosts that she disagrees with President Bush's decision to pardon Isaac Toussie, a New York real estate developer who was responsible for mortgage fraud. The White House reversed the pardon after online news outlets reported the nature of Toussie's crimes. New York City newspapers also interviewed mostly minority homeowners who said they were victimized by Toussie, and his father's $28,500 donation to the RNC earlier this year had some speculating that this was some sort of "pay to play" scandal.
"What's particularly galling is this man was involved in mortgage crimes and mortgage fraud, which, HELLO! has been the number one story of the year," Malkin said about Bush's year ending "embarrassment."
The conservative pundit wondered why the Bush vetters didn't do a basic Google search beforehand.
"It calls attention to the Bush administration's own role in allowing the subprime crisis to fester," said Malkin. "The fact is under Bush's watch, a lot of this did take place, and the Bush administration's policies themselves, particularly at HUD, the Department of Housing and Urban development, encouraged exactly this kind of behavior."
More on the Toussie pardon can be found at the following links: Bush pardons mortgage fraudster, Bush nixes pardon, NY Times ignores RNC donation until after pardon reversed.
This video is from Fox's Fox & Friends, broadcast Dec. 26, 2008.
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