Investigative interrogatories with Raines, Johnson, Dodd, Obama, Gorelick, Clinton, Frank, and others would produce many "process crimes" that would make Scooter Libby's crimes look like a jaywalking infraction.
The DC Federal holding pen would not be able to contain all the bureaucrats and elected officials that SHOULD be there.
Excellent ad from NRCC:
“What Just Happened?”
I have not seen the dollar amount percentage of the CRA loans that went bad. If we had this number it would then be possible to determine how much of this damned mess is the fault of CRA and the Demonic-rats. Since I have not seen this percentage in the liberal press I assume it is huge.
Does anyone on this forum know the numbers. It would be interesting.
Relative to the bailout I can see a justification for bailing out the bad loans that the government forced them to make. I can not approve one damn cent for the other loans that went bad.
What are the numbers??
Q: What do you have when you have a group of people in a society who crave Power and who NEVER admit when they are wrong?
A: A crack-up.
bump for later read
Nice try skippy.
Without the Community Reinvestment Act, the Liberal Poverty Pimps would still be having bake sales to finance their cruise into Socialism...
I think Marx would be proud of us.
See also http://www.youtube.com/watch?v=1RZVw3no2A4 for a really good 10 minute video about the problem.
Demoncrats - http://www.youtube.com/watch?v=_MGT_cSi7Rs
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Obama Says A Baby Is A Punishment
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.
Is this what happens when the lunatics run the asylum?