Obama is partly responsible for the subprime mortgage crisis.

“President Barack Obama was a pioneering contributor to the national subprime real estate bubble, and roughly half of the 186 African-American clients in his landmark 1995 mortgage discrimination lawsuit against Citibank have since gone bankrupt or received foreclosure notices.”

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3 responses

  1. […] old news that Obama “was a pioneering contributor to the national subprime real estate bubble” that led to the subprime mortgage crisis in 2008. […]

  2. […] old news that Obama “was a pioneering contributor to the national subprime real estate bubble” that led to the subprime mortgage crisis in 2008. […]

  3. […] old news that Obama “was a pioneering contributor to the national subprime real estate bubble” that led to the subprime mortgage crisis in 2008. […]

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