On the recordDecember 10, 2009
That is why I take offense when I hear it is the Community Reinvestment Act that did this. That is baloney.
Source
congress.govThat is why I take offense when I hear it is the Community Reinvestment Act that did this. That is baloney.
Delahunt defends the government against claims that it caused the subprime mortgage crisis.
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I believe ardently that it is the responsibility of these Committees to do the oversight that is necessary to repair the damage that was done in the preceding Administration to America's image.
God forbid they have a total collapse on the real estate market, we are going to be back to where we were in September of 2008.
There are no more bailouts coming from this Congress. That ain't gonna happen.