I do see that it was the intervention of government and CRA that set this whole thing in motion. So you agreed with the bailout?
It’s really neither here nor there whether I supported the bailouts or not. I was 50/50. Depending on the day. Sometimes for it. Sometimes against it. It’s like asking me how I want to clean up a gushing wound. With a sponge or a band-aid? I didn’t like either option.
I don’t think Obama and his involvement with a CRA lawsuit in 1995 was any coincidence. I really believe that Obama, ACORN, Ayers, Soros, and an assorted group of marxist radical misfits have been systematically undermining everything about America for decades. They are like the 911 terrorists. Decisions about what to do AFTER the fact are debatable. They should have been stopped before the attacks.
And I certainly think that the timing of the crash (though ultimately inevitable) was completely orchestrated in Obama’s favor.
“In 1995, Barack Obama was the lead attorney in an anti-discrimination lawsuit filed against Citibank for alleged “red-lining” practices which the plaintiffs claimed denied equal access to mortgage loans for African-Americans.”
This from a guy who NEVER really practiced law. The ONE case he works on (as lead attorney, no less) is a CRA lawsuit.