georgephillip
Diamond Member
And here's another thing.And heres the thing............liberals believe these people who couldnt afford the damn home in the first place shouldnt have to pay the bank back.
The left still doesnt understand the existence of liberal politicians = give shit away for votes.
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Get the fcukking DC politicians out of the fcukking market
"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.
"Just as sub-prime lending was exploding, CRA was losing force and relevance. And the worst offenders, the independent mortgage companies, were never subject to CRA — or any federal regulator.
"Law didn’t make them lend. The profit motive did.
And that is not political correctness. It is correctness."
btw, all politicians give shit away for votes.
http://www.businessweek.com/investing/insights/blog/archives/2008/09/community_reinvestment_act_had_nothing_to_do_with_subprime_crisis.html
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