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To: barryg

“The banks get sued for NOT lending to the Inner City, and now they get sued FOR lending to the Inner City and not getting paid back.”

The opening of the credit doors to the unqualified and marginally qualified was a liberal project all along. The liberals cannot blame themselves so they must blame the institutions (and their investors) who took the actual risks.

Cleveland has been in decline for over 40 years and the public-funded pump-priming in local “development” hasn’t changed the pace of decline one bit.


15 posted on 01/11/2008 12:19:01 PM PST by Wuli
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To: Wuli
The opening of the credit doors to the unqualified and marginally qualified was a liberal project all along

Not just any liberal but none other than a certain clinton adminstration
35 posted on 01/11/2008 3:20:43 PM PST by boxerblues
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