FORECLOSURES: HOW OBAMA, CLINTON, AND CUOMO FORCED BAD LOANS that Caused the Housing Crash (Flashback video)
Posted by FactReal on October 13, 2010
|HERE IS THE EVIDENCE
Liberals used the law to force banks to give loans to people who could not pay them.
The law: Community Reinvestment Act (CRA)
The excuse: To fight discrimination
|This 2008 video shows “the Clinton administration admitting their policy of “BANK AFFIRMATIVE ACTION”. Secretary Cuomo admits they forced banks to make BAD LOANS. Video also shows Obama’s tie to all this.
Obama is seen discussing his legal and community organizing career. See how it ties in to ACORN and the Clinton administration enforcement of the Community Reinvestment Act.”