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The Subprime Mortgage Mess and the Carter-Era Community Reinvestment Act of 1977
Larry Kudlow Show WABC -AM Radio
| March 29, 2008
| Larry Kudlow and Steve Moore
Posted on 03/29/2008 8:33:45 AM PDT by Aristotelian
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To: murphE; Abathar; Abcdefg; Abram; Abundy; akatel; albertp; AlexandriaDuke; Alexander Rubin; ...
Libertarian ping! To be added or removed freepmail me or post a message here.
41
posted on
04/01/2008 1:16:54 PM PDT
by
traviskicks
(http://www.neoperspectives.com/Ron_Paul_2008.htm)
To: Non-Sequitur
42
posted on
04/01/2008 1:44:44 PM PDT
by
bamahead
(Avoid self-righteousness like the devil- nothing is so self-blinding. -- B.H. Liddell Hart)
To: GourmetDan
IMO, a big part of the problem was the govt exempting gains on home sales from income. I know I made money selling homes whenever I had to move for my job (which was too often) and I sure didn’t put it back into a down-payment. I think that contributed to people leveraging their homes more. Bingo.
43
posted on
04/01/2008 5:03:01 PM PDT
by
Gondring
(I'll give up my right to die when hell freezes over my dead body!)
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