Wednesday, October 01, 2008

Hope and Change is Not Setting Up Low Income Families to Fail

It was nearly two years ago when we started banging the drum about the subprime mortgage mess with a comprehensive report from the Center for Responsible Lending. In March, we linked to the sad but true Subprime Primer, which explains in easy-to-understand terms why banks are failing. Today I found the above video at Team America's Blog. It is so important that I am posting the video here. It ties together the role of certain Democrats and bad government regulation and how Main Street banks became predatory lenders to comply with the law. The video is important and I hope you will take the time to see it.


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