New Study Finds Democrats Fully to Blame for Subprime Mortgage Crisis that Caused 2008 Financial Disaster
|ACORN lawyer (left) and leftie priest-activist Michael Pflager demand
subprime mortgages for low-income borrowers.
Leftie goons demanded that banks issue loans to people who couldn't afford them, and used government agencies (Fannie Mae and Freddie Mac) run by Democrats to cover the risk, until it all collapsed. The ensuing economic meltdown got one of the leftie goons who caused the collapse elected president.
Cloward-Piven. Ya' gotta admire it.