Newt's comments on Freddie Mac in 2008 (video)
This video is being clipped and edited to make it look like that Newt was a part of why Freddie Mac and Fannie Mae failed, but when you look at his complete comments in context you can see that Newt's remarks were spot on.
[youtube=http://www.youtube.com/watch?feature=player_embedded&v=-YiYWnA1_y8]