In response to
Obama's GM 'Success Story' Headed for Bankruptcy
Gregory in Yakima Wa.
Saturday, August 18, 2012 at 1:34 PM
In response to
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The NLRB's School-Door Stand
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Low-Skilled Workers Get Raw Deal Under Obamacare
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Obama and 'Overreach'
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The Beauty of Confusion
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The President's Morehouse Address
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Obama's Scandals -- and His Media Co-Conspirators
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It Wasn't Malaria
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Progressivism: A Scandal Unto Itself
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The Genius of Jerry Garcia
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Policy and Analysis
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"The Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA) was enacted by the 101st Congress and signed into law by President George H. W. Bush in the wake of the savings and loan crisis of the 1980s. As part of the subsequent general reform of the banking industry, FIRREA added section 807 (12. U.S.C. § 2906) to the existing CRA statutes in an effort to improve the area concerning insured depository institution examinations."
Then GWB said this (many, many times) "WASHINGTON — "We can put light where there's darkness, and hope where there's despondency in this country. And part of it is working together as a nation to encourage folks to own their own home."
Bush approved of the changes to correct flaws and then this: The Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA) was enacted by the 101st Congress and signed into law by President George H. W. Bush in the wake of the savings and loan crisis of the 1980s. As part of the subsequent general reform of the banking industry, FIRREA added section 807 (12. U.S.C. § 2906) to the existing CRA statutes in an effort to improve the area concerning insured depository institution examinations.