Make The Loans – Or You’ll Be Fined

In the case of Citigroup, ACORN represented by Obama sued Citigroup in 1994 to make massive bad (subprime) loans to Obama’s future constituents. On the other end, The Banking Queen was stoking at FNMA to write $TRILLIONS (seriously; no exaggeration – seem lika a lot?) of bad, subprime, junk mortgages.

With Clinton’s subprime authorization of 1995, on top of Peanut Brain Carter’s CRA of 1975, the catastrophic fate of banking around the world was sealed.

All we have left is this sweet message from The Banking Queen, approved by none other than the subprime champion – President-elect in cameo.

H/T: Moonbattery


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