re: #463 funky chicken
BS race card play.
CRA was about forcing banks to give money to people who could never and would never pay it back.
That’s not sustainable as a business model.
Not so, it just prevented “redlining” neighborhoods . Banks were asked to weigh credit worthiness of the individual borrower and not the neighborhood they lived in. Even if you thought it was based on giving minorities a better break, the loans were a small part of the problem regardless of what Rush and others are hyping.