Quote:
Originally Posted by RawAlex
Not only not worth the time to watch, but a blatant re-writing of history to tilt things hard to one side. No mention of the fact that the republican party controlled the house and senate for years and remarkably passed all these bills into law.
Sorry, but if you are going to post propaganda, at least have the manners to mention it.
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Put your bias aside and go do some research. I did. I've been preaching CRA as root cause of all of this for weeks.
The regulations were changed in 1995 at the direction of one William Jefferson Clinton...democrat. Specifically the regulations were changed by The Office of the Comptroller of the Currency, a Clinton appointed position.
Go look at the attempts to reign all of this in since 2003, all of the Republican initiated, all of them voted down. Plenty of blame to go around on both sides.
One of the attempts was initiated by John McCain. As for Obama, you cant deny all of his ties to Fannie Mae.
No propaganda, all facts. Go do your homework.
Now with all of that said, I dont think either candidate or party is capable of fixing this mess. But we do know the democratic answer is turn the economy over the government, and that scares the shit out of me.