A local bank brags about they how did not make any subprime loans. I guess they (and credit unions) did not appear on the radar screen of the Fed Gov regulators who were demanding that the big banks make housing loans to illegal aliens and welfare recipients. And golly, the Obama administration is still doing it - http://news.investors.com/ibd-editorials/051415-752725-cfpb-warns-home-lenders-dont-exclude-section-8-welfare-recipients.htm
Bank Bashing (plus a Student Loan Forgiveness scheme) is what will get a Democrat elected in 2016.
The paperwork shortcuts that the banks have been criminalized for are actual crimes. As yet, none of the criminals have been prosecuted.
They don’t call them “banksters” for nothin’
“Transevolution” by Daniel Estulin
“not by the rampant “deregulation” that many have imagined out of whole cloth. “
Please explain how these two bills were imaginary:
Financial Services Modernization Act of 1999 aka Graham-Leach-Bliley
Commodities Futures Modernization Act of 2000
