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Originally Posted by hambirg There have been numerous posts in this forum explaining how, what and why this happened. Read them and then come back and talk about it once you understand it.
To help you get started here's the wikipedia link to the Community Reinvestment Act. Community Reinvestment Act - Wikipedia, the free encyclopedia |
That's a bit nasty, isn't it?
Here's what I don't understand.
If your party is willing to go back to 1977 to find the point where this trouble allegedly began, and blame it all on the Democrats, where have the Republicans been? Why hasn't your party done anything to stop it since?
It has had the power to. It controlled both the White House and Congress at the same time after this period. Why didn't your party do something about this when they controlled both Congress and the White House? Accepting your argument about the things which lead to this crises, no party has ever been in a better position to stop it than yours. And it didn't.