One might just ask if this was behind the collapse of housing market who gave loans to those who under normal circumstances would never ever be able to buy a home. Interest only payments for three years before the principle kicked in. Hence, the collapse of banking industry which we the tax payers bailed out Bank of America in the 2008 stock market collapse. So good old Al tells the banks that if you do not lend money to those of low income we will start a campaign that you, the banks are RACIST. Just curious, wanting to know if there is any connection, thats all.
Posted on: Tue, 06 Jan 2015 02:19:43 +0000
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