[StBernard] Is it Dems or GOPs?

[Westley Annis]

All this crap started with a bill that was BAD from the start..the Community
Reinvestment Act, which was a joke.  As the article clearly points out, the
CRA was not interested in sound lending practices, its goal was to put
people with crappy credit into homes.  As the kook reverend Jeremiah Wright
would say, "these chickens have come home to roost" - and you, me and every
other tax payer are going to foot the bill for the government's f***-up.

Anyone care to note the dates when both the original CRA and its follow up
took place?..and guess which political party was in the White House and
controlled Congress?  In other words, guess which political party is
sticking the taxpayer again with paying for the clean up of this mess?

John Scurich 

-----Original Message-----
You may be right Westley.  I read the articles that you (?) posted
yesterday.  There's enough blame to go around.

On a similar topic, remember the Resolution Trust Corp. with the failed S &
L's?  Looks like we are going to have something similar with this batch of
"dodgy debt".  An RTC-type thing will take all the "bad mortgages" (and
properties?) and, I guess, sell them off.  Govt. bailout part ...  I forget
now how many it is.

JY