What is the Center for Responsible Lending?
March 12, 2010 | Center for Responsible Lending, federal legislation, industry | Comments (0)Big Government.com is taking a look in the must-read of the day:
The Center is headed by liberal crusader Martin Eakes. In 2008 Politico referred to Eakes as the “main intellectual engine driving Democratic responses to the housing crisis.”
The Center’s primary benefactors over the years have been the subprime mortgage speculators Herb and Marion Sandler who have given the nonprofit at least $20 million.
Unlike higher profile high-dollar liberal donors such as George Soros and insurance tycoon Peter B. Lewis (his company is called Progressive for a reason), the Sandlers have received very little media attention. They shelled out $13 million to left-wing groups in a failed effort to prevent President Bush’s reelection in 2004. This made them the third most generous donors in 2004 behind Soros ($27 million) and Lewis ($23 million).
The Sandlers have also given sizeable chunks of cash to the highly influential Center for American Progress, the liberal “action” tank run by Obama transition co-chief John Podesta. Incidentally, Podesta’s outfit recently put disgraced former green jobs czar Van Jones on the payroll. Jones is the self-described revolutionary communist forced from office last year when it was discovered that he was a 9/11 truther:
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