President Carter signed the Community Reinvestment Act in 1977 but it was originally only intended to ensure that monies saved within a community be reinvested within the community instead of being sent outside to get higher earnings. Sec. Rubin under Clinton greatly expanded the act to open housing up to those less qualified. The dems infiltrated the appropriate offices of gov and Wall St. to where the situation is now out of control.
good reply.
thank you.
A pity most Americans are so damned ignorant.