the CRA was used to redisbute Tax Payer Dollars and Federal Government was taking the risk out for Banks too which was the deal since the Federal Government was forcing banks to lend under the CRA to high risk individuals and would assume the losses if any were involved with Tax Payer Dollars and it started in 1995 with changes to the CRA under the Clinton Adminstration and in 2008 the Federal Government ended up having to pump billions of Tax Payer Dollars into Fannie Mae and Freddie Mac because of all the bad mortages that where given to people because of Pseudo Liberalisms version of Socialism that forced the banks to give loans to people who couldnt afford the houses anyways and the bailout of Fannie Mae & Freddie Max was part of the 2008 financial crisis bailouts and your right about military is Socialistic Organization and not Capitalistic and if it was the military would privately controlled by a Plutocracy.<quoted text>Even if true, it still doesn't discount the capitalism aspect. Because there was no redistribution of any funds people made.
Besides, CRA had nothing to do with the types of loans banks and mortgage companies created on their own.
So again, another fact that defeats your personal position.
However, if we do follow your logic, then it does support the position that the military is a socialistic organization. The same can be said for those who have a religious fervor in government.
12/07/2012 @ 11:43AM
FHA Will Cost Taxpayers $150 Billion