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Published: October 4, 2008
Editor:
One of the weapons the liberal news media employs in their war against mankind was whining about banks refusing to make loans to redlined areas in the cities. Their tear jerking incited power-hungry Democrats to pass legislation forcing banks to make risky loans to these districts. I knew that once banks were given the green light to make unsafe loans, it was only a matter of time before they were on a rampage, making as many such loans as they could. I also knew this would result in America's economic collapse.
What I didn't know was to what a terrible extent that my foreboding would come true.
Nor did I know that Clinton and his economic team would change the rules to make this situation even worse. Or that the Bush administration's dozen attempts to rectify the situation would be blocked time and again by Democrats. Fannie Mae and Freddie Mac were like giant piggy banks for these Democrats' personal plucking.
The news media are too ignorant to figure the current economic mess and will continue to flack for Democrats, who are getting wealthier while they get poorer and poorer.
Marjorie Hartman Tarpon Springs
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