Breakdown of today's housing crisis: How we got to where we are today.
by Classical Liberal, Sun Sep 28, 2008 at 12:36:06 PM EDT
This video is being thrown around. Who here can answer its claims?
The housing bubble caused it
1. 1977 Community Reinvestment Act Created by Jimmy Carter
2. 1995 - Clinton Administration updated to create and push subprime loans.
3. 2003 - Bush tried to stop it
4. 2005 - McCain tried to stop it
Somebody help explain this. It will be in the next news cycle.