Cancel 2016.2
The Almighty
LMAO... it is NOT opinion Desh. It is FACT. The Glass Steagall dismantling began in 1992. That is FACT. The fair lending act signed by Clinton was a further dismantling of the act. That is FACT. Not opinion. It forced banks to lend to those that previously would not have qualified. The GLB act AGAIN signed by CLINTON.... killed Glass Steagall. That is also FACT.
Looking at the LA TIMES try to blame Gramm solely is simply the same partisan bullshit that you have bought into.
Just so you are aware desh.... the GLB act simply made the packaging of these loans easier. the Fair Lending Act of 1995 is what made these loans possible in the first place. Both were idiotic. Both were done by BOTH parties. Both with a Rep Congress and a Dem President.
A point you continue to pretend didn't happen.
But bottom line, it was the greed of the borrower and lender that are ultimately to blame.
