How To Ruin Capitalism: The Community Reinvestment Act of 1977

Did the government really cause the real estate meltdown?   Thomas Sowell brings some specifics to the forefront that show what happens when affirmative action goes mortgage manager, and banks are forced to meet racial quotas despite the financial risks.  Read:   Thomas Sowell, “Upside Down EconomicsTownhall.com,  February 18, 2009. http://townhall.com/columnists/ThomasSowell/2009/02/18/upside_down_economics
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About David Dansker

David Dansker - writes commentary and articles covering various topics including ecclesiology, eschatology, and theology. His focus is on those issues that deal with heresy, harlotry, and the apostasy. You may reach Mr. Dansker at:david@thenewsbeats.com
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