Logical Anarchy Today Episode 83 – Obama Administration Wants to Lower Lending Standards


Logical Anarchy Today – Logical Anarchy Today Episode 83 – Obama Administration Wants to Lower Lending Standards

The Obama administration is saying that it want’s to get more people into their own homes by lowersing lending standards. They want to lower lending to people that have the same level credit score as before the 2008 crisis. We all know how this ends. Economic crisis and the the free market getting the blame.

Obama administration pushes banks to make home loans to people with weaker credit

As consumer credit scores plunged in 2008-2009, lenders raised their standards

Deregulation Caused the Recession of 2008

White House Philosophy Stoked Mortgage Bonfire

The True Origins of This Financial Crisis

Tom Woods Liberty Classroom

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