Preston Taylor Holmes
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The Community Reinvestment Act And You!

September 29th, 2008 at 8:15 pm by Preston Taylor Holmes

Well, probably not you, since you read this blog, but this is a pretty good summary of how the CRA allowed the Dims to turn Fannie and Freddie into their own little slush fund. It’s not the whole of the current economic crisis, but it’s a big, fat, smelly chunk.

Warner Music made You Tube take the first version down, so watch it while you can. Replaced the You Tube version with Live Leak. You Tube can snack on my sack. (Thanks, Nigel) Just say hell no to the bailout. Also, say hell no to Warner Music products. Their empire is long overdue a good crumbling.

h/t Dad


4 Responses to “The Community Reinvestment Act And You!”

  1. TinyElvis Says:

    Good read from Newsbusters:

    link

  2. Nigel Says:

    Preston,

    Liveleak has it up…I just emailed you the link.

    For the record, I had this video up before either you or Sharon Cobb did. I was FIRST.

  3. No-bel Peace Prize « Lemur King’s Folly Says:

    [...] over at 6MB posted this Housing Bubble Subprime vid.  You don’t want to believe all of it because it is nasty but you are not left with many [...]

  4. Brian Says:

    On a more local note, this is exactly the same kind of situation I brought up about Aleta Trauger. As a judge, she forced Primus Automotive Financing, essentially ordering them to lend to unqualified customers because they mistakenly treated black applicants with bad credit the same as white applicants with bad credit.

    This is what you get with liberals. They want to screw up the businesses and then point fingers when the businesses fail and have to layoff their employees.

    I guess Auntie won’t be getting her Ford Explorer after all. Hello Mitsubishi Mirage!