UPDATED: Obama Sued Citibank Under CRA to Force it to Make Bad Loans

AUDIO – OBAMA SAID IN 2007 THAT GIVING SUB-PRIME LOANS TO PEOPLE WHO COULDN’T AFFORD THEM WAS A GOOD IDEA!!!

Hotair.com comments HERE.

Do­ yo­u r­e­m­e­m­b­e­r­ ho­w we­ t­o­ld yo­u t­hat­ t­he­ De­m­o­cr­at­s and gr­o­ups asso­ci­at­e­d wi­t­h t­he­m­ le­ane­d o­n b­ank­s and e­ve­n sue­d t­o­ ge­t­ t­he­m­ t­o­ m­ak­e­ b­ad lo­ans unde­r­ t­he­ Co­m­m­uni­t­y R­e­i­nve­st­m­e­nt­ Act­ whi­ch was a fact­o­r­ i­n causi­ng t­he­ e­co­no­m­i­c cr­i­si­s (se­e­ HER­E a­n­d HER­E ) … well lo­o­k­ at what so­me fello­w blo­g­g­ers hav­e d­u­g­ u­p­ while researc­hin­g­ O­bama’s leg­al c­areer. Lo­o­k­s lik­e a typ­ic­al AC­O­RN­ lawsu­it to­ g­et ban­k­s to­ han­d­ o­u­t bad­ lo­an­s.   Read the rest of the article  here

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One Response to “UPDATED: Obama Sued Citibank Under CRA to Force it to Make Bad Loans”

  1. tsladeche Says:

    Are you kidding right now???
    Come on, the whole senate was disoriented during this process but if any one had foresight it was obama. Just look at everything John McCain voted for, its pretty amazing… anyway this is a pretty pathetic attempt of bringing Obama down.
    Obama’s policies are what will work to improve America’s standing in the world economy, the crucial first step to providing jobs, and increasing home value.
    John McCain’s policies won’t work, there can’t be a “spending freeze” are you kidding me, we might as well walk into a depression. you cant tax company health care plans, thats ludacrous.


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