That CRA video debunked

iVillage Member
Registered: 04-20-2003
That CRA video debunked
4
Wed, 10-01-2008 - 12:45am

The one that Republicans are all excited over because it blames the financial mess on Clinton, minorities, Carter, Pelosi

iVillage Member
Registered: 04-20-2003
Thu, 10-02-2008 - 12:42am
Kicking - I would love to see
iVillage Member
Registered: 03-26-2003
Thu, 10-02-2008 - 8:56am
You know I worked in banks in the inner city in the 1980's and I just

 


 


I disagree with you, but I'm pretty sure

iVillage Member
Registered: 01-31-2001
Thu, 10-02-2008 - 11:32am

The CRA was changed in the 90s. The earlier version wasn't the problem... it was the changed version. The author of the article posted by the OP completely ignored the changed version. I did a quick look around to see if I could find a non-partisan look at the changes enacted under Clinton (good luck these days, LOL) but this one isn't too bad: http://news.yahoo.com/s/ibd/20080924/bs_ibd_ibd/20080924general01 (the first part is pretty spot on, the end gets a little Democrat bashing, sorry).

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VJ-Sig
iVillage Member
Registered: 09-08-2006
Thu, 10-02-2008 - 1:09pm

Yes, part of it was Clinton's fault for signing and passing through a destructive bill but that was not the CRA.