Monday, September 3, 2012

Obama, Subprime Mortgage Pioneer!

The Daily Caller ^ | September 3, 2012 | Neil Munro

President Barack Obama was a pioneering contributor to the national subprime real estate bubble, and roughly half of the 186 NEGRO clients in his landmark 1995 mortgage discrimination lawsuit against Citibank have since gone bankrupt or received foreclosure notices.

As few as 19 of those 186 clients still own homes with clean credit ratings, following a decade in which Obama and other progressives pushed banks to provide mortgages to poor NEGROS!


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