The Dems did it!

Financial markets crisis can be traced directly to President Clinton revision of Community Reinvestment Act


When Barack Obama, Nancy Pelosi, Harry Reid, and other upstanding Democrats point to the “failed policies” of the Bush administration as the cause of the current chaos in the financial markets, they are deliberately trying to transfer the spotlight from their own party’s mistakes. The current crisis can be traced directly to President Clinton’s revision of the 1977 Community Reinvestment Act (CRA).
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