Friday, July 16, 2010

Barry Soetoro & Democrats Caused This Disaster

Explosive Audio Unearthed! After the Sub-Prime Crisis already started in 2007 Obama says Sub Prime Mortgages that gave houses to people WHO COULDN'T AFFORD THEM was a GOOD IDEA! Also involved where many Obama cronies and the leader Franklin Raines made huge profits.

Even as it was destroying our economy Obama thinks giving people mortgages who couldn't afford them was a good idea. Then he says spreading the bad debt throughout the financial system was good "in theory" (is Marxism good in Theory to a Chicago Thug?). Obama went as far as to sue Citibank Under Community Reinvestment Modernization Act (CRA) to force it to make Bad Loans.

“I’ve been fighting alongside ACORN on issues you care about my entire career. Even before I was an elected official, when I ran Project Vote voter registration drive in Illinois, ACORN was smack dab in the middle of it, and we appreciate your work.” — Barack Obama, Speech to ACORN, November 2007

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