Tuesday, October 11, 2011

Who Created the Sub-prime Mortgage Disaster?


Never let liberals forget that the sub-prime mortgage disaster was Bill Clinton's fault.

In 1995 President Clinton's changes to the Community Reinvestment Act enabled ACORN to run a politically correct extortion campaign against mortgage lenders, compelling them by force of law to make unsound (sub-prime) loans to poor minorities who never stood a hope of repaying them. 

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