Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Ignore Liberal Poverty Pimps: Community Reinvestment Act Helped Cause the Wall Street Crisis
Capital Research Center ^ | October 4, 2008 | Matthew Vadum

Posted on 10/04/2008 1:31:00 PM PDT by vadum

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-25 last
To: vadum; informavoracious; larose; RJR_fan; Prospero; Conservative Vermont Vet; ...
+

Freep-mail me to get on or off my pro-life and Catholic List:

Add me / Remove me

Please ping me to note-worthy Pro-Life or Catholic threads, or other threads of interest.

Obama Says A Baby Is A Punishment

Obama: “If they make a mistake, I don’t want them punished with a baby.”

21 posted on 10/04/2008 3:31:21 PM PDT by narses (...the spirit of Trent is abroad once more.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Jim Robinson

Frank: “No, no, don’t thank me, thank all of us for trashing the economy. Hold your applause, hold your applause, I’m too humble for that.”


22 posted on 10/04/2008 3:33:19 PM PDT by FlyVet
[ Post Reply | Private Reply | To 3 | View Replies]

To: SERKIT
Can anyone quote the dollar volume (annual or otherwise) of loans CRA and Acorn had a hand in?
23 posted on 10/04/2008 3:47:50 PM PDT by Blacksheep (Why don't we use the S word? Obama is a socialist)
[ Post Reply | Private Reply | To 2 | View Replies]

To: vadum
Since money was ridiculously cheap, bankers took leave of their senses and went overboard with exotic mortgage products as investors kept inflating the housing bubble and sending home prices into orbit.

The easy money should have also caused a bubble in the stock market however a reform from the 1929 stock market crash requires that investors put 50% down to buy a stock on credit. Had there been a similar law for housing, say 20%, the bubble wouldn't have gotten out of hand. However this law would have "hit women and minorities hardest" hence it just isn't going to happen.

24 posted on 10/04/2008 4:10:32 PM PDT by Reeses (Leftism is powered by the evil force of envy.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: vadum

Is this what happens when the lunatics run the asylum?

JoMa


25 posted on 10/04/2008 10:19:59 PM PDT by joma89
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-25 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson