"Not Our Congressman" Miller blows some smoke up Brad and Britt's........ummmm, noses, regarding the major reasons for the credit crisis.
Max Borders has the details.
Noteworthy:
"Brad and Britt, those intellectual giants of FM radio, were lapping up Congressman Brad Miller's dishonest dismissal of 'flexible underwriting standards' of the 90s that grew out of the original Community Reinvestment Act. They try to argue (disingeniously) that since the legislation came out in the 1970s - and we saw no meltdown in the 80s - the legislation had no real effect. But the legislation got teeth under Clinton. Can we expect intellectual honesty from radio jocks?"
Nope.
Not from that gang of rocket scientists......
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