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The formidable Sean Higgins of Investors Business Daily wrote a straight news story today regarding the Obama administration's new effort to rehabilitate the awful Community Reinvestment Act (CRA).

Yahoo! Finance picked up the story.

Why is the Obama administration standing by this disastrous legislation even though it played a role in the subprime mortgage mess?

About the Author

Matthew Vadum is an award-winning investigative journalist at a conservative watchdog group in Washington, D.C. Vadum is also author of Subversion Inc: How Obama's ACORN Red Shirts are Still Terrorizing and Ripping Off American Taxpayers.

http://spectator.org/blog/2009/06/18/the-rehabilitation-of-the-comm

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Special Feature

Better that we become a nation of choosers rather than beggars. Our symposium on choice from the May, 2012 issue:

A Time for Choosing

James Piereson

The Road from Serfdom

Stephen Moore and Peter Ferrara

FLASHBACK TO: 1984

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