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Politics : Formerly About Advanced Micro Devices
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To: jlallen who wrote (459096)2/24/2009 3:39:31 PM
From: combjelly  Read Replies (1) of 1578287
 
"I have not backed down at all. I think you are projecting...."

Wiggle, wiggle, squirm, squirm.

You posted this.

"Without CRA there was a much smaller market for these loans....the mortgage companies would have had no place to sell them...."

Then you changed it to this.

"The issue is that CRA expanded the market for these loans...which it undeniably did."

The second statement is much weaker than the first. It is undeniable that the CRA expanded the market. However, that doesn't mean without it there would have been a much smaller market. I suppose it hinges on your exact definition of "much smaller". Does 20% smaller count? Because it looks as if that would be close to the upper limit.
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