[aruanan]

The credit crisis came as a result of political agitation pushing Congress to legislate that private business override sound business principles of not extending credit to credit-risky people. It was claimed by these agitators that such discrimination was racially discriminatory. The problem we're facing now was created precisely by people like Barry Obama in full organizer mode. And now the same misery pimps who created the problem are trying to make political capital out of a disaster of their own making. But when has it ever been any different?

[DBrow]

I agree, Cisneros and Clinton and buddies did this.

The left has been chanting “failed policies of Bush” all week, which is why I think we should start the “failed policies of socialism” counter-chant.

Barack Obama, though well-intentioned, is following the same failed socialist policies, policies that have never succeeded anywhere in the world...

[tcrlaf]

“Establish that where minority neighborhoods have been improperly excluded or underserved, the primary Fair Lending enforcement agency shall at a minimum require the lender to develop and implement an affirmative lending program for such neighborhoods.”

The basis for ALL of this comes from this UBER-LIB financed study from the Earky 90’s, that Clinton, Reno, Robert Reich, Jesse Jackson, et al, siezed on in the early 90’s to prove that “Mortgage BANKS WERE RACISTS!!!”

http://public-gis.org/reports/red4.html#C