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Wall Street Journal OP Obama's Radicalism Is Killing the
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18/03/2009 17:50:48
John Ryan
Captain-Cooker Appreciation Society
Taumata Whakatangi ..., Nouvelle Zélande
 
 
Information générale
Forum:
Politics
Catégorie:
Autre
Divers
Thread ID:
01386150
Message ID:
01389328
Vues:
71
You've left out the attempts by goverrnment to rein in Freddie/Fannie though you have correctly reported the cash paid out by F/F to hamstring such attempts. I guess the devil made them do that too. ;-) You've also left out that up to 80% of the shonly loans were written by firms or associates that never were subject to close Federal supervision. it's also worth observing that the CRA merely requires that if you open a branch in po-dunkville you have to service mortgages in po-dunkville rather than channeling your deposits to mortgages in Richville. You also leave out that much of the current trouble doesn't involve CRA communities in the first place. But we can agree to disagree.
"... They ne'er cared for us
yet: suffer us to famish, and their store-houses
crammed with grain; make edicts for usury, to
support usurers; repeal daily any wholesome act
established against the rich, and provide more
piercing statutes daily, to chain up and restrain
the poor. If the wars eat us not up, they will; and
there's all the love they bear us.
"
-- Shakespeare: Coriolanus, Act 1, scene 1
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