Exactly how were private sector banks forced by the government to take on bad mortgages?

Can u give some examples of people being prosecuted for not doing so?Exactly how were private sector banks forced by the government to take on bad mortgages?
Its just a bunch of BS from the Right spinning away Bush's failures. Banks, with no regulators looking over their shoulders, got greedyExactly how were private sector banks forced by the government to take on bad mortgages?
Way to pick the answer that verified what you already believed.

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The whole economy is based on the Central Bank (federal reserve) insuring all the other banks and giving them money to loan out.





If the fed gives you lots of money (with stipulations) you will take it and adhere to the stipulations.





The stipulations told banks to give loans (a portion at least) to ';poor'; people (cuz usually poor people can't get loans) who (for obvious reasons) were not the best candidates for loans because they have a higher probability of being unable to pay it back.
They weren't forced, they welcomed it..


anyone else remember, ';The Ownership Society'; Speech ?





This was totally sold as the ';New'; way by the BushCo and their devout Capitalist minions.. (including many Dems)





and as such when the house of cards collapses it becomes the Victims fault, always blame the Victim.. rule number one.
The Global Bankster cabal is screwing ';we the sheeple'; and fleecing us again.





The Masters rule and do not have to tell us what or why?
It was mandated by Congress. Obama admits his role in the 1st video.
That never happened. A bunch of people made that up to deflect criticism from Bush failing to monitor the economy.