The Rehabilitation of the Community Reinvestment Act - The American Spectator | USA News and Politics
The Rehabilitation of the Community Reinvestment Act

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?

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