Yesterday Representative Michele Bachman (R-MN) blamed the current financial crisis on the Clinton-era Community Reinvestment Act for pushing “homeownership as a way to open the door for blacks and other minorities to enter the middle class.”
It’s difficult to believe even someone as conservative as Rep. Bachman could believe such a baseless canard, let alone say it for public attribution in this, the Year of Their Lord 2008.
Everyone knows the mortgage crisis was caused by the legalization of gay marriage.