To: LomanBill
How could someone’s bank fail in 2001 fro the “Sub-Prime Debacle” which wouldn’t occur until 2007-8?
To: REDWOOD99
The Community Reinvestment Act went into effect in 1978, and was the Fed law used to go out on a limb. Penny's bank did it voluntarily, the Marxists don't have to be forced to steal other peoples money. They get ahead of the curve.
36 posted on
03/01/2011 9:47:42 PM PST by
Navy Patriot
(Sarah and the Conservatives will rock your world.)
To: REDWOOD99
37 posted on
03/01/2011 10:00:12 PM PST by
LomanBill
(Animals! The DemocRats blew up the windmill with an Acorn!)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson