If giving loans to poor people was the cause of the 2007-08 Great Recession, then why did it take 30 years? Also, the CRA only applies to retail banks, not to investment houses like Goldman-Sachs, giant insurance firms like AIG, or mortgage companies like Countrywide, which were the overwhelming source of the vast majority of bad subprime loans that fueled the real estate bubble. Poor people do not have the economic or political power to take down our economy. The top 1 percent do, however. That is where independents, conservatives and liberals need to focus with regards to future reform.