Detailed text transcripts for TV channel - MSNBC - 20180815:19:48:00
Governed by markets. nothing could be proven more wrong in 2008. markets do implode and it matters crucially who governs. because even in '08, the bush administration can't whip the republican party into line at a moment of national crisis to support the bailout of fannie mae and freddie mac. >> they underwrite mortgages. >> all these folks have mortgages because of fannie mae and freddie mac. and the republican party won't back their own presidency up. if you want to understand where the fault lines in the gop emerge and split open, summer of '08 is really that moment. >> let's come back to c...