Comments on: Currency comptroller rejects scapegoating of Community Reinvestment Act http://minnesotaindependent.com/18450/currency-comptroller-rejects-scapegoating-of-cra-bachmann News. Politics. Media. Wed, 30 Nov 2011 23:48:28 +0000 hourly 1 http://wordpress.org/?v=3.1 By: icecycle http://minnesotaindependent.com/18450/currency-comptroller-rejects-scapegoating-of-cra-bachmann/comment-page-1#comment-19125 icecycle Tue, 25 Nov 2008 20:14:29 +0000 http://minnesotaindependent.com/?p=18450#comment-19125 First of all, this fellow is welcome to disagree all he wants; the facts are not with him. For instance, his assertion that "the lenders most prominently associated with subprime mortgage lending abuses and high rates of foreclosure are lenders not subject to CRA" are abslurd on it's face. The mortage disaster started with Freedie and Fannie, which most certianly were subject to the CAR. In fact, they were created in part to accomodate CRA's implimentation. I'm not surprised that butts are being covered. In the coming months the truth of the long arm of market manipulation by Democrat congress critters will certianly recommend fox holes be dug in advance. First of all, this fellow is welcome to disagree all he wants; the facts are not with him.

For instance, his assertion that “the lenders most prominently associated with subprime mortgage lending abuses and high rates of foreclosure are lenders not subject to CRA” are abslurd on it’s face.

The mortage disaster started with Freedie and Fannie, which most certianly were subject to the CAR. In fact, they were created in part to accomodate CRA’s implimentation.

I’m not surprised that butts are being covered. In the coming months the truth of the long arm of market manipulation by Democrat congress critters will certianly recommend fox holes be dug in advance.

]]> By: justanotherdave http://minnesotaindependent.com/18450/currency-comptroller-rejects-scapegoating-of-cra-bachmann/comment-page-1#comment-19111 justanotherdave Tue, 25 Nov 2008 15:42:50 +0000 http://minnesotaindependent.com/?p=18450#comment-19111 Dugan is a Bush appointee and he is right. CRA had little or nothing to do with the sub-prime mess. Republican talking heads like Hannity, Kudlow, and Limbaugh just make this stuff up as they go, and their base is too ignorant or brainwashed to know better. The fact that Rep. Bachmann can't tell the difference between a party line talking point and the drivel coming out of talk radio is telling. Dugan is a Bush appointee and he is right. CRA had little or nothing to do with the sub-prime mess. Republican talking heads like Hannity, Kudlow, and Limbaugh just make this stuff up as they go, and their base is too ignorant or brainwashed to know better.

The fact that Rep. Bachmann can’t tell the difference between a party line talking point and the drivel coming out of talk radio is telling.

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