In response to:

Failure: Unions in America Today

Ali Bertarian Wrote: Nov 25, 2012 5:44 PM
@q16penn: The following is from “The Housing Bubble Cover-Up,” By Phil Grande, right here on Townhall: “Under Clinton, the government forced the banking industry to offer mortgages to low and moderate income families who could not afford them. “Another contributing factor -in fact the primary factor to the problem, was the hiring of two individuals directly responsible for the bubble. The first was a young Acorn lawyer by the name of Barack Obama. The second was Andrew Cuomo, Jr. hired as the secretary of housing, who is now New York State’s attorney general. It was their victory in the amount of $2.1 billion over a Chicago bank, which had refused Clinton’s and Cuomo’s mandate to lend to unqualified borrowers,
Ali Bertarian Wrote: Nov 25, 2012 5:44 PM
to now provide sub-prime mortgages to 15,000 of these unqualified borrowers. The commission later covered up the actions of new senator Obama, and Cuomo, Jr.; the Fathers of Subprime.

“The commission also covered up the fact that the heads of the Senate Housing and Banking Committees, Frank and Dodd, forced Fannie and Freddie to buy toxic, subprime mortgages that were due to go into default. This led directly to the failures of Fannie and Freddie, and their subsequent taxpayer bailout in the form of TARP. The cost of this bailout is a mind numbing $10 billion loss each and every quarter.”
Jerry555 Wrote: Nov 25, 2012 6:30 PM
Yea, Carter's

CRA, Community Reinvestment Act, this was brushed off and Clinton took off running with it, and Dodd Frank and Chuck U Schumer were all too willing to go along.

Unions played an important role in American history. At the turn of the last century, a lot of workers encountered awful and dangerous conditions on the job. The workers banded together, demanded changes and got them. After that, Americans joined unions and the dues began to roll in. Riding that wave of compulsory money, union bosses rose. With that much money flowing, corruption wasn’t far behind.

Times have changed. The economy, country and world have changed. But unions haven’t. Union membership among non-government employees has fallen off a cliff. But although membership is down, their power remains large.

Why? Because...