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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (458894)2/23/2009 6:29:03 PM
From: tejek  Read Replies (2) | Respond to of 1574092
 
Carter's contribution to the problem was the Community Reinvestment Act.

The CRA worked fine all the way through the 80s and 90s, only under Bush did it get to be abused somewhat. Having said that, the majority of the subprime problem had nothing to do with the CRA.

What I don't understand is why you people can't get your facts straight. Is it by intent, or is it due to incompetence?