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Video: The Crisis of Credit Visualized

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funky chicken5/02/2009 6:21:53 pm PDT

re: #441 avanti

What will sell on the right, government screw ups by both parties for decades, and greedy investors or blaming minorities for buying homes they can’t afford ?. Forget the fact that those mortgages are tiny percentage of the problem, blaming it on the minorities is a slam dunk since the right does not have their vote regardless.
“If it wasn’t for those bleeding heart liberals forcing banks to loan to minority’s, we’d be just peachy.” Not at all true, but a easy sell. Both parties sat on their hands watching the bubble grow and grow, now it’s finger pointing time from both sides.

BS race card play.

CRA was about forcing banks to give money to people who could never and would never pay it back.

That’s not sustainable as a business model.