Blacks To The Future
Thursday, October 2nd, 2008It’s a long story, but I am on the mailing list of The American Family Association, a group of ultra right wing horrible yet awful people.Today they sent me an email about the current financial crisis. The subject of the email was “A 1999 New York Times article explains how we got in the financial mess we are in.”
October 2, 2008
Dear Jason,
Want to know why we are in the financial mess we are in? Read this article which appeared in the NEW YORK TIMES ON SEPTEMBER 30, 1999. It answers the question.
This is the first paragraph of the article they linked to:
In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.
Wait a minute. Doc…are you telling me…that the current financial crisis is because banks gave loans…to black people? “The way I see it, if you’re gonna pinpoint a single cause to an incredibly complex problem, why not do it in conformity to the stereotype of the prejudiced and judgmental Others-fearing White Evangelical Conservative.”
