The Democrats are Burning Down the House and Wallstreet

We must fix or rollback the securitization provisions of the Community Reinvestment Act or we will simply be back here in ten or fifteen years wailing about another near Trillion dollar bailout. This must stop, neither housing nor credit is a right, and neither banks nor Government Sponsored Agencies like Fannie and Freddie should be required by congress to carry ridicoulously large percentages of SUBPRIME loans. They are called subprime for a reason.

Any candidate for any office who does not make reform of draconian CRA requirements on Fannie and Freddie and banking in general part of their platform should be receiving letters now, and I am including McCain in that.

Hope-O-Crisy