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Old 02-03-2011, 11:40 PM   #23
Khcyhshq

Join Date
Oct 2005
Posts
403
Senior Member
Default
Go look up the 1994 revisions to the Community Reinvestment Act made by Clinton and Al Sharpton and his NAACP ilk.

The notion that lenders would seriously lend to clowns that have little to no income without being forced is downright absurd.
oh lordy...ahoy Mr.Nick,

please, cease and desist with this kinda propaganda.

its not true, it was never true...the CRA exists now exactly as it existed in December 2007, the start 'o the "great recession". nothin' hath been changed about it.

ask yerself, "why isn't the CRA continuein' to wreak havoc on our economy if it was the wellspring 'o our fiscal horrors?".

the reason is, 'twas never the cause of it.

- MeadHallPirate
Khcyhshq is offline


 

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