Economist Stan Liebowitz explains how Fed-enforced “affirmative action” in bank lending is a major cause of the “subprime” mortage meltdown, a point that I made several weeks ago.
5:20 am on February 6, 2008 Email Thomas DiLorenzoHow Political Correctness (by the Fed) Created the Subprime Crisis
https://www.lewrockwell.com/lrc-blog/how-political-correctness-by-the-fed-created-the-subprime-crisis/
Political Theatre
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LRC Blog
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