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adornoe,

Obama, a communist? Bwaaaa-ha-ha-ha!!!!! I need to change my underwear after reading that. You obviously don't know the meaning of the word.

The CRA caused the housing collapse? Bwaaaa-ha-ha-ha!!!!! Countrywide and many other lenders were not even subject to the CRA. Loans under the CRA had a lower default rate than those that weren't under the CRA. An excess of capital looking for a place to be invested lead to a bubble in the housing market that couldn't be sustained.