Kerryman,
once again your ignorant socialist antiAmerican rant show your are a shallow idiot who can look no further then a barrage of commercials by the left.Thank god you ar no longer tking up air here in the USA.
Here if you have the guts read the facts about ACORN,the CRA and banks forced to make loans to people who have no abilty to pay them back.All done by the liberals you worship;
Most economists agree that the subprime slime is at the route of the current slowdown.This subprime mess was a direct result of something called the CRA ("Community Reinvestment Act") which was created in 1977,Carter administration.This forced banks to lend to those without good credit,jobs and no savings.
Acorn,among other community groups (left wing extortionists IMO) hands are very much in this and Obama tied to Acorn (as well as Jesse and Al Sharpton)
CRA:
http://en.wikipedia.org/wiki/Community_Reinvestment_ActNY post article showing the links;
http://www.nypost.com/seven/02052008/postopinion/opedcolumnists/the_real_scandal_243911.htm"At the crisis' core are loans that were made with virtually nonexistent underwriting standards - no verification of income or assets; little consideration of the applicant's ability to make payments; no down payment "
Two other articles supporting this view;
http://soichiro1974.wordpress.com/2008/0...ent-regulation/http://mises.org/story/2963 and here is open from IBD (ever heard of that???)
http://www.investors.com/editorial/edito...&secid=1501Obama and his socialist left wing liberals are at the root of the cause of this and happy to have maxium pain to blame on others so they can take power
We will remember those that stood with us,but most importantly we should also be sure to remmember those who did NOT
Kerryman
OWD
PossumHunter
Pmag
They are not friends of sportsman who gun collecters Remember who sold us out !
