This video explores the origins of the financial crisis, beginning with the community reinvestment act of 1977 and detailing - through New York Times news articles - the changes made during the Cli...
This video explores the origins of the financial crisis, beginning with the community reinvestment act of 1977 and detailing - through New York Times news articles - the changes made during the Clinton administration.
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The CRA has NOTHING to do with this meltdown! If the CRA was to blame, then the meltdown would've happened much earlier! Just remember, there were people with good credit but still denied a loan based on either their race or location. And take a look at the much-improved Harlem and the South Bronx, both of which are beneficiaries of the CRA. People could also make an argument that the CRA caused gentrification, which priced those same low income people OUT of those previously redlined hoods!
The dollar bill says "In God we trust" ; its funny because money IS the only "God" we trust.
We brouth this problem to ourselbes. And sure, its unfair to many people. Many truly innocent people. And im not saying anything to the regards of "God damn America".
But America goes back to the ways of thinking where, "we dont need God". And I assure you this country will be damned for a good time.
Only God can fix it. If you doubt this, come up with a "solution". Not temporary, a REAL one.
With all the financial problems of our day, people should be beseeching God for His mercy and guidance. Just as He gave Noah 7 days to enter the ark (Gen 7:4,10), He has given mankind 7000 years from the flood to enter the safety of Christ (The Door) (2 Pet 3:8). The flood occurred in the year 4990BC. 7000 years from this date lands on 2011, the year this present world will be destroyed by fire (2 Pet 3:10-13). Anyone interested can click on my name and follow the weblink.
US make world economical crises. Only way to save countries Economy is to buy Euro and sell all the US Dollar reserve in Central Bank. Chemical weapon(illegal White Phosphorus) make by US and used by Israel doing War crime and Genocide. This is how power talks and how US and Israel dominated the whole world economical crises and exercise Chemical weapon in Gaza like the new Hitler of world named US + Israel Govt. Only way to defend humanity is to weaken US and Israeli economy.
this video has merit, however, the volume of "minority" loans are just a drop in the ocean of all the bad loans given to wall street and professional speculators.
at the end of a bubble people always try to find a scapegoat, assuming that the natural flow of economics was sabotaged. however, capitalism is not natural nor orderly, it is chaotic and brutish. you can only blame the business cycles that have been occurring since the dawn of man.
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Fred and fannie was a weapon of mass destraction.. its all manufactured by the Bilderberg group to further control and push US into North American Union under the Amero Currency goodby American Constitution you are going to become the property of a multinational corporate state thats why they created the patriot act and homeland security to slap any one down that disagrees with the Dictatoship Its the same Shit in the UK the European or Bilderberg constitution is been sneaked in every day..
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We brouth this problem to ourselbes. And sure, its unfair to many people. Many truly innocent people. And im not saying anything to the regards of "God damn America".
But America goes back to the ways of thinking where, "we dont need God". And I assure you this country will be damned for a good time.
Only God can fix it. If you doubt this, come up with a "solution". Not temporary, a REAL one.
Chemical weapon(illegal White Phosphorus) make by US and used by Israel doing War crime and Genocide. This is how power talks and how US and Israel dominated the whole world economical crises and exercise Chemical weapon in Gaza like the new Hitler of world named US + Israel Govt. Only way to defend humanity is to weaken US and Israeli economy.
at the end of a bubble people always try to find a scapegoat, assuming that the natural flow of economics was sabotaged. however, capitalism is not natural nor orderly, it is chaotic and brutish. you can only blame the business cycles that have been occurring since the dawn of man.
Join The Number # 1 "FREE" Internet Marketing System Online Today
GENERATE FREE LEADS - FOR ANY MLM
22 STREAMS OF PASSIVE INCOME AVAILABLE
FREE TO JOIN - NO SCAM - WATCH VIDEOS - APPLY WHAT YOU LEARN - MAKE MONEY - THAT SIMPLE
WORLDWIDE OPPORTUNITY
OVER 80,000 MEMEBERS IN THE FIRST 4 MONTHS
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