Tuesday, September 23, 2008
Have you been as irritated as I have been at the MSM consistently saying that the cause of the crisis in Wall Street has been caused by the borrowers--caused by irresponsible people probably minorities borrowing more than they should. The MSM is blaming Carter? and the 1977 act that stopped redline lending practices. Hale Stewart debunks this here. This is setting up people to deflect the blame from the real culprits --lenders--and putting the blame on other people--strange irresponsible people we don't know----or not--if you know people who have been or are on their way to being foreclosed on as I do.