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To: freedumb2003
2 perpetrators: j. carter b.j. clinton

I will explicitly add these two traitors to the list:

And there's the vile Community Reinvestment Act, another evil spawn in the long line of anti-American programs from the DemonRATS.
7 posted on 05/24/2011 2:34:10 PM PDT by re_nortex (DP...that's what I like about Texas.)
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To: re_nortex

>>I will explicitly add these two traitors to the list:

Chris Dodd
Barnie Frank
And there’s the vile Community Reinvestment Act, another evil spawn in the long line of anti-American programs from the DemonRATS.<<

My comment stands enhanced.


9 posted on 05/24/2011 2:35:42 PM PDT by freedumb2003 (Herman Cain 2012)
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To: re_nortex

The meltdown was huge but from what I understand, it boils down to two main things:

1- The CRA, Frak and Dodd are the proximate causes of the meltdown.
2 - The banks securitizing mortgages meant that they were all exposed as soon as housing prices started to drop.

The movie portrayed part 2 very well. It left out part 1 all together - likely because that would paint liberal democrats in a bad light.


27 posted on 06/06/2011 10:21:19 AM PDT by Personal Responsibility (The more the plans fail the more the planners plan - Ronald Reagan)
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