As soon as they gained power in the Clinton administration, the socialists who dominate the Democratic Party used every apparatus of the federal government to “close the housing gap” between “rich and poor” by pressuring, forcing, intimidating, bribing, and extorting mortgage lenders of all kinds (not just depository institutions) to make bad loans to unqualified borrowers who they comically labeled “sub-prime”. You know, people with credit ratings just a tiny, tiny bit below the “prime” credit rating of say, 850. 849 or maybe 848. Many of these aged socialists were leftovers from the Carter administration, as Hillary Clinton was (she … Continue reading The Left’s Latest Red Herring