Thanks to Loboyazoo for sending this article in….
Forbes.com, Business in the Beltway, by Robert McTeer.
So, here comes the good intending Bob Croker (R-TN) of the Senate Banking Committee offering-up a simple piece of legislation this past week which would require at least a 5% down payment on a mortgage to be acceptable to Fannie and [...]
I have to say. This is one of the best videos I’ve seen in a long time.
They really spell out everything about this financial crisis and where it came from. By the way, it started in the Carter Administration. The Community Reinvestment Act of 1977. Google it. I did. This is what I found:
The Community [...]
