Query by Morey000: Is this exactly where the SubPrime Lending Mess got it’s start off (or enhance?) see hyperlink?
http://www.whitehouse.gov/news/releases/2002/ten/20021015.html
Or is it less complicated just to blame it all on the democrats?
I have to admit, I’m learning more about this mess thanks to the responses right here. Even though the community reinvestment act seems like 1 of the culprits (beneath Andrew Cuomo a dem), the Bush administration re-ratified every thing. So, there’s enough blame to go around both parties.
Ideal answer:
Answer by Charlotte
No
It is less difficult to spot blame correct were it belongs, on the Democrates
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