Post Tagged with: "Financial Crisis Inquiry Commission"

February 2, 2011 10:15

Housing policies caused financial crisis – Democrats cover up

Peter Wallison of the Financial Crisis Inquiry Commission blames federal housing policies for the financial collapse. The housing part of the video is the first 6 minutes.

January 28, 2011 17:44

Democrats cover up government fault in financial crisis report

[T]he U.S. government’s housing policies were the major contributor to the financial crisis of 2008. These policies fostered the development of a massive housing bubble between 1997 and 2007 and the creation of 27 million subprime and Alt-A loans, many of which were ready to default as soon as the housing bubble began to deflate.

January 12, 2011 17:25

What to expect with Republican oversight

Obama administration figures who haven’t done their jobs or have not enforced laws properly should take the hint. They might just want to spruce up their resumes and move on before their misdeeds and failings are displayed on C-SPAN.

June 8, 2010 07:20

CRAven Cover-Up

The Financial Crisis Inquiry Commission was set up to sort out the mortgage mess. But it’s merely setting us up for another disaster by circling the wagons around the culprits. The Democrat-led panel has put out a preliminary staff report defending the Community Reinvestment Act against charges the banking rule encouraged risky lending to boost homeownership in communities of color. But the studies the report cites are howlingly flawed and biased.