[Old North State]

If I remember right it was the late nineties when the fed jumped in to the Clinton sponsored CRA mess and allowed CDO’s to be backed by sub-prime loans which helped spread the disaster into more financial markets. But regardless of that, the author of the article is pointing out the politicallt incorrect truth as to the genesis of the fiasco; political pressure by race hustlers and their allies in the Democratic Party and the Republicans who caved in to that pressure.

[moneyrunner]

Amen.

Bad men have a limit to the damage they will do; they have to sleep sometime and their greed can be satisfied.

Beware the crusader for good on a mission. Their ability to create devastation knows no bounds.