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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: Kenneth E. Phillipps who wrote (76365)12/15/2009 9:53:59 AM
From: JakeStraw3 Recommendations  Read Replies (1) of 224729
 
Then to top it off and set the whole deal in motion - which led to our current financial crisis - Clinton reformed the Community Reinvestment Act (CRA) to makes risky loans more widely available without any thought to the consequences. After that Clinton, et al saw to it that Fannie & Freddie increase their purchases of these hazardous mortgages and package them for sale.
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