With lawsuit, Barack Obama pushed banks to give subprime loans to Chicago’s African-A

Discussion in 'Politics' started by ScienceRocks, Sep 3, 2012.

  1. ScienceRocks
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    ScienceRocks Blue dog all the way!

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    With lawsuit, Barack Obama pushed banks to give subprime loans to Chicago’s African-Americans
    The Daily Caller ^ | 9/3/2012 | Neil Munro

    With landmark lawsuit, Barack Obama pushed banks to give subprime loans to Chicago’s African-Americans | The Daily Caller

     
  2. kyzr
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    kyzr Gold Member

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    Looks like Mitt has a very nice response for the debates when BO says that he started in a hole caused by the Bush admin. The answer is that the dems actually caused the financial crisis. Also see, Community Reinvestment Act, Fannie, Freddie, and no more excuses.
     
  3. Care4all
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    Care4all Warrior Princess Supporting Member

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    Less than 10% of all homes that have gone in to foreclosure are to poor people in redline districts

    90% OF ALL FORECLOSURES in this crisis are NOT to people in redline districts

    FAIL
     
  4. kyzr
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    kyzr Gold Member

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    The issue is, "were the banks forced to give loans to the unqualified, yes or no?"
    Hint: yes, by the CRA, and that caused the financial crisis. It wasn't the banks, it was the DC whores.
     

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