http://becausenooneasked.com/2008/10/12/unbelievable/ "Shouldn't you two be doing laundry?" For the anti-jihadist and internet shopping aficionado. Tue, 07 Feb 2012 02:07:24 +0000 hourly 1 http://wordpress.com/ http://becausenooneasked.com/2008/10/12/unbelievable/#comment-3869 Mon, 13 Oct 2008 05:22:24 +0000 http://becausenooneasked.wordpress.com/?p=2579#comment-3869 Interesting that Fannie Mae and Freddie Mac collapsed then, hmmm? CRA paved the way for sub-prime loans – made them legitimate.

]]> http://becausenooneasked.com/2008/10/12/unbelievable/#comment-3868 Mon, 13 Oct 2008 03:32:44 +0000 http://becausenooneasked.wordpress.com/?p=2579#comment-3868 What’s interesting about this video is that it blames the Community Reinvestment Act for the sub-prime crisis, yet even Business Week (by no means a liberal magazine) acknowledges that the CRA is not to blame. The majority of sub-prime loans were made by institutions who are not even regulated by the CRA. And Robert Gordon, a senior fellow at the Center for American Progress, even said “It’s telling that, amid all the recent recriminations, even lenders have not fingered CRA. That’s because CRA didn’t bring about the reckless lending at the heart of the crisis.” http://straighttalkonmccain.blogspot.com/

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