CRA should have been Community Reinvestment Act. Thats's the provision mandating that banks should provide home loans to people who can't pay them back. The Big "O". our esteemed community organizer trained ACORN members to march on and into banks demanding that the "little guy" should have a right to own their own house.
This regulation by the government has taken this market down from 14,000 to 8,000 in the Dow. This intrusion by the government will now by solved by the............government.... Lot's of luck.
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