I don’t care if they are Republican or Democrats. People should be in jail right now. This was the greatest swindle in the history of the world. The statute of limitations is 5 years... the clock is ticking.
I agree, Bush celebrated minority home ownership but he did warn about what was happening. History will judge what happened and let the chips fall where they will. What Johnson, Raines, Gorelick, and their congressional co-conspirators did was fraud by any definition. It needs to be investigated! Did the government sue Johnson, Raines, Gorelick, and Co. to recover the fraudulently obtained bonuses? If not, why?
I agree it should be investigated and let the chips fall where it may.
But who’s going to do the investigating. If the GOP House steps up, they have to stand firm because they are going to be hit with a barrage from every corner painting them as racists. They should still do it even so.
But it won’t go anywhere with Holder at the helm.
I just don’t think the GOP should get suckered into thinking this is a big hammer to hit Dems over the head with in 2012.