Q&A: has Obama repealed the Community Reinvestment Act yet, since it is what caused the crisis?

Question by Iceman: has Obama repealed the Community Reinvestment Act yet, since it is what caused the crisis?

It is the biggest thing. The subprime mortgage crisis was the foundation for this mess.
future fate – obviously you know nothing about the Community Reinvestment Act. Several economic experts point to this forcing banks to give out bad loans.

Best answer:

Answer by Believe in Possibilities
I wish it were that simple, but it is not what caused the crisis. That is right-wing propaganda.

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