Obama as Community Organizer was Enforcer of Easy Loans to Non-Credit Worthy Customers

By Con George-Kotzabasis

On the crucial measures that could have prevented the “easy” loans that fomented the present economic crisis (Easy come easy go) that were provided under the Community Reinvestment Act the Democrats in Congress voted against them. Obama as community organizer was threatening of suing banks if the latter were unwilling to provide these loans to non-credit-worthy customers. And regrettably many Americans are losing their houses and their jobs now–because of the allure of these easy loans.

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~ by kotzabasis on June 30, 2012.

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