How is it Dems can whine about Republicans blocking Obama’s agneda when they, the GOP are a minority, yet they cannot fathom how the Dems could block any reform to Fran and Fred?

did you ever hear of a super-majority?

Let’s look at who benefited from the loans and also has political clout to make Congress do its bidding. Black single mothers living in poor sections of Boston? Or CEOs of Wall Street and hedge funds?

Read the legislation, James. There is not a single word that says provide a loan to someone who does not have the income to pay the interest costs.

Do the math. The vast, vast majority of bad loans and foreclosures have absolutely nothing to do with community investment legislation. It all was connected to stupid, irresponsible lending by well trained MBAs who wanted their annual bonus and to hell with a sound balance sheet.