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