whitehall
Diamond Member
Can you believe it? The Obama administration is "urging" banks to make bad mortgage loans again. They gave it a fancy name of "community re-investment act" but it's the same old failed policy apparently designed to get votes from deadbeats. It was the democrat party that "urged" banks to make bad loans way back during the Clinton administration and the chairman of the House Banking committee told America that Fannie Mae was fine when it was on the verge of collapse. With the help of the fawning liberal media they managed to "blame it on Bush".
