September 29, 2008

No, It's Not the Fault of Blacks and Hispanics

Of course no one outside the far right thinks it is. I mean, c'mon - Do people really think that racial minorities control the US economy? Do people really think bankers are knocking each other out of the way to make loans to illegal immigrants? Some how, some way, this idea has bubbled up on the far right (hmmm, wonder why - eh, no, I don't). So for those of you out there who insist on saying the financial crisis comes down to those folks and subprime loans, please keep in mind that the vast majority of those loans are made to white people.

Posted by armand at September 29, 2008 11:41 AM | TrackBack | Posted to Economics


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