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Tag Archives: community reinvestment act
Who’s To Blame For The Housing Crash?
Dennis Prager recommends these three books: Architects of Ruin: How big government liberals wrecked the global economy—and how they will do it again if no one stops them by Peter Schweizer, Paul Sperry’s The Great American Bank Robbery: The Unauthorized … Continue reading
Posted in Economics Tagged boom and bust, bush administrations, community reinvestment act, Dennis Prager, department of housing and urban development, fannie mae and freddie mac, federal housing administration, government liberals, peter j wallison, tom sowell Comments Off on Who’s To Blame For The Housing Crash?
What Caused The Housing Boom And Bust?
Dennis Prager talked to economist Tom Sowell, 79, on Dec. 15, 2009 about his new book “The Housing Boom and Bust”. Dennis: “Who caused this bust?” Tom: “Government. The people who were forced directly to make the bad loans under … Continue reading
Posted in Dennis Prager, Economics Tagged community reinvestment act, community reinvestment act 1977, Dennis Prager, fannie mae and freddie mac, income minorities, tom sowell Comments Off on What Caused The Housing Boom And Bust?
Why The Housing Boom Went Bust
I’m reading this new book by economist Thomas Sowell — The Housing Boom and Bust. He writes that "the idea that lenders would be offended by receiving monthly mortgage payment checks in the mail from blacks should at least give … Continue reading
Posted in Economics, Thomas Sowell Tagged boom and bust, checks in the mail, community reinvestment act, community reinvestment act of 1977, economist thomas sowell, Thomas Sowell Comments Off on Why The Housing Boom Went Bust