Sure, The Community Reinvestment Act (CRA) is the federal regulation that allowed banks to make loans to high-risk borrowers in low-income and minority neighborhoods. It has been around since the Carter Administration. But the high-priced loans that broke the back of the mortgage crisis were not CRA affiliated, but were loans by recently deregulated lenders to high-risk middle and upper income people.
Yeah. Barney Frank and Chris Dodd were trying to fix it. Give me a fking break. You have lost all credibility. GOP Bad and Dem good. And you're a moderate independent? Belly laugh of the day.
Why are you always intruding on other people's conversations? The point is I am a right wing conservative so, yes. Red claims to be something he's not.
Your not having a conversation, Kemosabe. But mainly because I disagree, opinionated, and I like to argue Just like you!
But you're wrong. I make no bones about where I stand. I am pretty far right, have no use for bleeding heart liberals and I think Carter would be a better choice than Obama. Red, on the other hand claims to be a moderate independant yet every single one of his views are left and liberal. I know he'll dispute this and he'll spout some moderate nonsense, but it's fairly obvious that his heard bleeds for Obama and Obama's idiotic policies. Put it this way: He defends the stimulus and Obamacare.
You call that a rebuttle? :insane: If there was a moderate party, I'd vote for it. But there ain't and right now, the democrats are moving to the center and the republicans are moving away from it. I go with the center-leaning party and fight the radical elements on both extremes. The GOP is about 90% extreme right now and the democrats only about 50%.
