'Inherited This Catastrophe'

" Welcome back to Hannity here now is more of my exclusive video with filmmaker Michael Moore. If you have all these millions and you have a lot of you -- an influential Hollywood. Seriously -- You know annual these -- is a power out there what are you serious why -- you really think I'm an influential Hollywood guy yeah. Really you really believe that I'd I'd never put together moved movies that net sales were 300 I. Some kind of strings out there and how well together and those -- there is -- another conspiracy -- got to believe in good. If you got 300 million dollars and instant -- I forgot that I do -- The ticket sales and -- and a choice yes RC ER CB so yes they like Camille Powell a couple of make them I mean big money money. OK -- finally makes its money. I would -- so here's my question. If you really believe this lecture you give me on religion yeah and you have all this money. We have other rich influential friends that perhaps agree with you and you don't like capitalism. When I saw those people in your movie being evicted from and it I didn't like it either but we have a different view. One you just take your money and and donate -- used on an organization to help people in that situation actually from my very first I don't it from -- very for."

" Movie Roger and me. I needed as part of my deal with Warner Bros. that the four people that reflected in that film. From that Warner Bros. would house would pay your mortgage or their rent for the next two years to give them a chance to get on their feet. In this movie the man from Peoria Illinois -- I believe in his home stolen from my Citibank. I have are retained an attorney for him and I'm paying for all the single -- to get his home there for him. That's good stuff that's just need one person doing this work and how China. Great as people are watching this period. Through notices of foreclosure filing in this country wants is seven and a half seconds I don't know if that's over exactly right -- that's -- everything that we're in whatever position my -- people are losing their homes I agree millions who have lost their jobs. You know this is the system we're -- really bad situation and Obama has inherited this catastrophe."

" Obama is making it -- as well Obama is and he finally you complain about the TARP funds in your movie he voted for you had on this is final I'm not give an Alter your house worshipping Obama -- shut and that's what. If it that would -- against the a second commandment OK but if somebody -- that I worry when that it's hard for anyone who -- ultra do you have your house I don't I have a dollar Bill -- that Jesus. Ronald -- media -- radio as well to do everything else but I don't Alter -- night for Ronald -- her credit somebody if somebody buys a house they can't afford. All it if they what you think that's the problem yeah I don't really yeah you think yeah you think. That this the greatest collapse that we can certainly since the Great Depression. Was caused by a bunch of poor people -- no notes no money it's that simplistic -- you're overstating it will be able what do you think what do you think caused this collapse the sub prime mortgage crisis and I wish you would have gotten into this in the movie -- this do three things -- that I liked he went after Chris Dodd a presidential. Tim Geithner you went after. In that sense I give a lot of props and that you missed a different front court for Democrats allocate it wasn't that I what I would probably -- the negatives MIT where to lobbyists hardly a problem why just -- like you like that what about the Republican sub prime mortgage crisis was caused by the community investment act first and -- Jimmy Carter and here's the point on the on the community investment -- They forced banks they form -- forced financial institutions by law. To lower their standards where people could not get mortgages for homes that they could not afford Michael. And people took the -- up on they took the money they bought homes so my question news if you buyer of home when you can't pay it back. Who should pay the bill. Well forceful means correctly said if the Fed actually if you believe that's the cause of -- that -- cost during the Carter administration. What in the crash happened beckoning cannot have a good game but -- it -- he started it it got double down -- the in the Clinton Years from the Republicans -- on tape what happened during those twelve Reagan bush years the -- explaining to -- the Republicans of the warning including the -- morning. Morning I have videotape they created the deregulation they got rid of the room that's not the prompting a word of the rules and Clinton followed up and continued to get -- rules and then when bush the second came and he really smoked them. He got rid of everything that's sort of the banks -- financial institutions -- get away with murder and you know that's no -- try to prevent the -- always break from crashing in the sub prime crisis. He -- on multiple times and even example this was appointed him to. Franklin Raines friend of Obama Jim Johnson principal problem. You know if you look at Freddie and Fannie Jim Johnson or Franklin Raines one of them made ninety million dollars in six years -- Why wasn't that the movie. Want -- to hit Johnson isn't there an announcer the ninety million dollars in six years I didn't hear. In the not that you but I do put them the enemy guys and another -- their -- in the movie it wasn't a main port a portion robbery. So many bad guys you can cover them all but you know that that that it was in the movie. And more of my interview with Michael Moore right after a short break that we're gonna go head to head on the financial crisis that. -- afraid that generally."