Housing Bubble Blame game
Posted in the Fort Myers Forum
#1 Sep 3, 2012
In 1995, Obama brought a class action suit against Citibank to force the bank to give mortgages to minorities who did not meet the banks lending standards. Of the 196 plaintiffs, over half ended in bankruptcy or foreclosure. Now Obama's constituents blame the big bad banks for giving loans to those who could not repay them. Yet, Obama continues to blame Bush for the housing bubble that brought down the American economy. The hypocrisy of this false messiah is despicable.
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