See Stanley Kurtz in the New York Post:
SPREADING THE VIRUS: HOW ACORN & ITS DEM ALLIES BUILT THE MORTGAGE DISASTER
So it was the efforts of ACORN and its Democratic allies that first spread the subprime virus from the CRA to Fannie and Freddie and thence to the entire financial system.
Soon, Democratic politicians and regulators actually began to take pride in lowered credit standards as a sign of “fairness” - and the contagion spread.










Recent comments