Clinton Library’s Doc Dump Reveals CRA Fueled Subprime Bubble

Editorials Investors.com 4/25/2014

Subprime Scandal: Newly released memos from the Clinton presidential library reveal evidence the government had a big hand in the housing crisis. The worst actors were in the White House, not on Wall Street.

During the 1990s, former Clinton aides bragged that more aggressive enforcement of the Community Reinvestment Act pressured banks […]

Eric Holder’s kickbacks for community organizers

Jazz Shaw Hot Air 12/7/2013

The government has quite the tidy little deal going in terms of getting money out of large banking interests lately. The latest example was the $13B dollar “settlement” reached with JP Morgan, which certainly must have taught them a thing or two. But some observers have been digging into the […]

‘Markets Under The Spell Of Monetary Easing’ Bank Of International Settlements Finds… Same As ‘Then’

…[Fannie Mae and Freddie Mac are] adequately capitalized. They are in no danger of failing…

 

Tyler Durden Zero Hedge 6/2/2013

Then….

Ben Bernanke 7/1/2005, CNBC interview:

INTERVIEWER: Tell me, what is the worst-case scenario? We have so many economists coming on our air saying ‘Oh, this is a bubble, and it’s going […]

Barack Obama: ACORN will shape my domestic policy

Heartland Democratic Presidential Forum “A forum exclusively for thousands of Community Organizers including Gamaliel and ACORN…” December 1, 2007