Burning Down The House: What Caused Our Economic Crisis?
Original post made by peter on Sep 27, 2008
Clinton's huge expansion of the CRA provided billions of dollars for left-wing groups like ACORN, NACA, and Chicago's Woodstock institute, people who know protest and advocacy but zero about mortgage banking, to actually make loans themselves independent of banks, many with zero downpayments.
This is the legacy of Obama, in the nineties he was involved in suing banks on behalf of these radical groups, amazing the media has absolutely no interest his deep roots in this mess.
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