Chuck Schumer actually said...

The overwhelming majority of predatory subprime loans were made by lenders and brokers who were not, I repeat were not, subject to CRA.

Let's look at the facts, or as Pat Moynihan used to say, 'Everyone's entitled to their own opinions, but not their own facts.'

So people are entitled to their own opinions, as Pat Moynihan would say, but they are not entitled to their own facts.

At the risk of stating the obvious, it is worth noting that at the height of the housing boom, the President and his supporters in and out o...