Both the Demmy chairmen of the Senate banking committee Chris Dodd and the House banking committee Barney Frank threatened the banks to eliminate red lining against folks with poor credit ratings which in turn created the housing bubble. The Dems and their media allies would successfully blame the big bad banks for this implosion, letting many of these debtors off the hook!
One of the consequences of lowering the vote to 18 was the takeover of college and university towns by student voters who paid no local taxes and who would move on after graduation leaving local taxpayers holding the bag. This is why the city of Evanston, IL temporary home to thousands of college students is now offering housing reparations to folks who already got them in 2008.
And that is all I’m going to say about that.