Conservative Thoughts and Profundity

December 9, 2008

Unbelievable Gall from the New York Times

Filed under: OpenMarket.org — nhiemstra @ 4:45 pm

As economists and the Wall Street Journal have noted, the Community Reinvestment Act was an important ingredient of the financial crisis, by pressuring banks to make risky loans to people in low-income, predominantly-minority neighborhoods…

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