Wall Street Breakfast: Must-Know News [View article]
Fastcad- "This" started a long toime ago. In 1990 congress repealed Glass Seagal allowing the banks to increase leverage from 12 to 1 to anything to 1. The congress pushed racist policies to force lenders to lower lending standards to put unqualified minorities into homes they couldnt aford. The fed then dropped interest rates and a boom in home speculation put homnest people out of the housing market.
BOTH the republics and and democrats caused this, they are just thieves put in charge of the bank
Wall Street Breakfast: Must-Know News [View article]
"This" started a long toime ago. In 1990 congress repealed Glass Seagal allowing the banks to increase leverage from 12 to 1 to anything to 1. The congress pushed racist policies to force lenders to lower lending standards to put unqualified minorities into homes they couldnt aford. The fed then dropped interest rates and a boom in home speculation put homnest people out of the housing market.
BOTH the republics and and democrats caused this, they are just thieves put in charge of the bank