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To: MtnClimber
Kimberly Strassel of the Wall Street Journal originally (and solely) reported this back in December 2015, WSJ. You have to have a subscription to view the entire article.

However, another website copied and pasted the article and can be found HERE.

5 posted on 08/08/2017 8:49:51 AM PDT by Zuben Elgenubi (NOPe to GOPe)
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To: Zuben Elgenubi

I remember this from when it was happening. The banks were ordered to give loans to people that couldn’t pay them, then when the banks foreclosed or sold the bad mortgages and it all went under, the banks were forced to give money to the very organizations that forced them to give the loans in the first place. The taxpayers, who had to bail everybody out, got nothing.


27 posted on 08/08/2017 9:52:22 AM PDT by Rusty0604
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