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.

"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."

This video is from Fox's Fox & Friends, broadcast Dec. 26, 2008.

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