All of the easy money and making housing more "aff...

2008-09-29T05:07:00.000-04:00

All of the easy money and making housing more "affordable" goes back to 1977 during the Democratic Carter administration with a Democratic majority in the House and Senate.

OH AND LOOK WHAT THEY PASSED

1977-10-12 — Community Reinvestment Act, Pub.L. 95-128, title VIII, 91 Stat. 1147

FOR MORE INFO GOOGLE "Community Reinvestment Act"

NOW WE HAVE A CRISIS

MORAL OF THE STORY - NOT ALL PEOPLE SHOULD OWN A HOME AND CEOS SHOULD BE PAYED BASED ON STRICTLY PERFORMANCE AND IF THEY GET SENT OUT TO DOOR FOR DOING A BAD JOB - $0

Comments on Fund My Mutual Fund: Interesting Reactions Worldwide - What Years of Ne...

All of the easy money and making housing more "aff...