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De Omnibus Dubitandum - Lux Veritas

Monday, April 29, 2013

New study confirms economy was destroyed by Democrat policies

December 21, 2012 By:

A new study from the widely respected National Bureau of Economic Research released this week has confirmed beyond question that the left's race-baiting attacks on the housing market (the Community Reinvestment Act--enacted under Carter, made shockingly more aggressive under Clinton) is directly responsible for imploding the housing market and destroying the economy.   The study painstakingly sorted through failed home loans that caused the housing market collapse and identified an overwhelming connection between them and CRA mortgages.  Again, let's review:...To Read More...

My Take - I recently posted an article where former Senator Dorgan said he didn't believe that the CRA had a thing to do with the current economic meltdown, so even though this is from 2012, it must be relevant since so many still refuse to accept reality. 

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