> > Still going with the tired "CRA caused the meltdown" myth, Francis?
Funny how facts that are contrary to your ideology become "myths." t's not a myth, Bruce. The CRA certainly played a part, as did the overzealousness of Democrats such as Chris Dodd and Bawney Fwank as well as our good friends in ACORN that threatened banks to lend more than the community they support could repay. Common sense tells you that forcing banks to loan to individuals that can't repay those loans leads to regulation-induced foreclosures. And a nation-wide mortgage meltdown, with the help of crooks from Goldman-Sachs in positions of federal power. No amount of left-wing spin changes that fact. Just ask Jon Corzine. I suspect Chris Dodd will be able to tell you the same thing in a year or so. Francis Drouillard, PE Novato, CA 94945 -- You received this message because you are subscribed to the Google Groups "StrataList-OT" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/stratalist-ot?hl=en.
