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To: mnehrling

Do these dip$#its really want this out in the air? Carter creates the CRA in 77, slick willie strengthens the program putting cheaper HIGH-risk loans out there in 95-99, and W tries to rein it all in in 04-05? Are they looking for the streotypical “angry mob with torches and pitchforks?”

ruefully

not to mention various bad actors with their signatures all over the nonsense!


11 posted on 09/30/2008 11:57:44 AM PDT by petro45acp (NO good endeavor survives an excess of "adult supervision" (read bureaucracy)!)
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To: petro45acp

It gets so, so much better.. about to ping you on another one..


12 posted on 09/30/2008 11:58:54 AM PDT by mnehring
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To: petro45acp

You’re right about Carter and Clinton. But you left Bush out of the picture. Here the democrats are asking him to lay off fannie and freddie and it looks like he did. And remember, republicans controlled congress in 2004.

The problem is what I heard an economist say on the radio a while ago. “Every president wants to say that more people own homes today than ever in history.” Now Bush can add “and more people are in foreclosure than ever.”


16 posted on 09/30/2008 12:12:51 PM PDT by Terry Mross
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