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FW: Community Revitalization Act--cause of the economic crisis

From: Mark P.
Sent on: Friday, October 3, 2008, 1:04 PM
Jim,  here's a quote I'm sure you'll appreciate:
 
"The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts." --Bertrand Russell

It's sad how many adults are "learning" history from todays news media instead of remembering President Clinton and the Democrats taking credit for changing all the banking regulations, albeit with good intentions.  They wanted "everyone" to own a home ... well, they did their best.  Nothing wrong with that.
 
Still, in all, the Community Revitalization Act is the cause of the at-risk financing that caused our economic crisis.  Check it out:
 

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