"In 2007, Ben Bernanke suggested further increasing the presence of Fannie Mae and Freddie Mac in the affordable housing market to help banks fulfill their CRA obligations by providing them with more opportunities to securitize CRA-related loans...."
Community Reinvestment Act - Wikipedia, the free encyclopedia
Elected AND appointed Republicans AND Democrats used CRA as a cover to inflate and collapse the credit/housing bubbles. Most of the 1% gained from the crimes of control accounting fraud while the majority of the 99% are still paying for those crimes.
Their children and grandchildren will continue the repayment process.
The 1% are preparing to come back for more bailouts as we speak because of current European events.
"Choosing" between Democrat OR Republican in the voting booth next November will NOT affect the outcome of the next step in what has been the most massive redistribution of wealth in history.