Can't We Just Blame Black People?
Its the cure-all for all conservative problems. Crime high? Blame black people. Wages down? Blame black people. Worst global economic crisis in 70 years? Ehem, thanks alot black people.
Well, to be fair, conservatives don't necessarily just blame black people for all the problems in America, they blame liberal guilt for a good deal of it as well. And so goes the Rightwing response to the credit crisis. Who is to blame? ACORN, a heretofore little known community activist organization which focuses on all kinds of problems prominently effecting urban areas. Oh, and the Community Reinvestment Act. Oh, and Franklin Raines.
Forget that many of these problems were caused by suburban house-marms who saw an episode of "Flip That House" and figured they'd go into the real estate biz with little start-up capital. Or young professionals who decided they needed a new house right after dropping 100K on a fabulous wedding. Or, and this is the real cause, all of the banks and mortgage companies who decided to forgoe those pesky things called down payments.
No, those are all ancillary to the real problem; poor black people. You see, because Barack Obama thought that the Fair Housing Act, which says people can't be discriminated against based on the color of their skin, should be properly enforced, he is a race-hustler who is responsible for this global credit crisis.
The current Conservative push back on the economic problems is transparent and blatant race-baiting at its finest. Its what Conservatives do best. Simplify a complex problem into an "us vs them" scenario (in this case, working, hardworking Americans, white Americans against poor lazy black people), and then exploit the shit out of the racial divisions in this country.
When the economic fiasco started going down a few months ago, I thought that there wouldn't really be any way for racial divisions to be exploited in a problem so clearly developed in New York and Washington institutions. Damn, its been interesting to see myself proven wrong. Thankfully though, it seems fairly isolated to a group of race-baiting conservatives and their huddled masses listening on the radio and watching Fox News...we'll see if that virus spreads elsewhere in the coming weeks. Luckily, one mainstream news organization has the cojones to challenge the rightwing hate machine, and they have pretty well evicerated the memes being promoted by the Dixiecrat descendants.
10 comments:
Sean,
This line first appeared over at the FreeRepublic back in APRIL. They've been trying to finger black people, Bill Clinton and "liberal political correctness" with this for months. Heck, I wrote about it back in September.
It's been debunked a thousand times to Thursday but that doesn't mean idiots won't keep spreading it around because even though it isn't true, they sure wish it were.
It's the right's default position because they've got nothing else
Oh and pardon the blogwhore, but if you're interested, I linked to the American Prospect's piece in my post about this. The statistics show CRA is not to blame for the mortgage mess, but as we all know, facts have a clear liberal bias:
"half of sub-prime loans came from those mortgage companies beyond the reach of CRA. A further 25 to 30 percent came from bank subsidiaries and affiliates, which come under CRA to varying degrees but not as fully as banks themselves. ... Perhaps one in four sub-prime loans were made by the institutions fully governed by CRA."
So there you have it ...
Poor mis understood little known ACORN. Just trying to get folks registerd to vote and mean people question their tactics. They just don't understand that there's a difference between voter registration fraud and voter fraud.
We can't help that the people we hire can't follow the rules in 8 or 9 states.
You know this kool aid ain't half bad.
You know what I've had enough of? Any time you question a government mandate or something that Barry spouts, your instantly a racist. Nothing has turned me off more to this election and this soon to be president then this casual branding of racism. Perhaps this is why Bill Clinton is still pissed.
I read the McClachy article, my wife's Uncle writes for them. I would not consider them non-partisan. Much of this article runs counter to other published explanations. You can't manipulate the market for social engineering. It causes problems no matter how noble the cause. To ask questions and not be furious with Franklin Raines is not racist, he got quite a package for his failures.
Oopps I said package in a sentence with a reference to a black man...get the brand.
Oh, here come the victimization cries of "why can't we blame all problems on black people without being labeled racist?"
You can criticize Barack Obama all you want, that doesn't inherently make you a racist, but when someone calls him a "race hustler" for seeing a federal law enforced...then you are getting close to the line.
"Much of this article runs counter to other published explanations."
No . . . actually it doesn't. If you read economists that is. Townhall, Redstate, and the WSJ op-ed page perhaps, but actual economists (especially the ones who have been RIGHT about this) have published no such thing. (I love that you now think McClatchy is part of the leftwing conspiracy).
Go read Barrons, Financial Times, Bloomberg, or such blogs as Calculated Risk, Brad DeLong's, Economist's View, Angry Bear, Roubini, as well as the Nobel Prize winning economist Krugman. to see what actual economists say.
And I won't claim racism as the motive of those who make this claim. Here is Thoma (Economist's View): "Until Republicans started trying to claim that Fannie and Freddie caused the financial meltdown as a means of tying Obama to the crisis - a strategy that backfired badly when all of the embarrassing connections to Fannie and Freddie within the McCain campaign were revealed - nobody was saying Fannie and Freddie caused the crisis. Republicans simply worked backwards - they found connections between Democrats and Fannie and Freddie (never thinking to ask about their own connections), then tried to blame the crisis on Fannie and Freddie so as to make people think it was the Democrat's fault. And it's still going on despite the fact that the data doesn't support this story."
As for people like you, tc, the dittoheads, rather than racism, I suspect nothing more than the same stupidity that causes you to beliewve the other BS that you swallow from the Rush Limbaughs of the world.
So those in the know, more partisanship (with a dose of racism to be sure).
The followers like yourself, just ignorance nut NOT necessarily racism.
Now find some "data" to support your position or please leave these matters alone befor eyou embarass yourself.
Damn Moe...
Now find some "data" to support your position or please leave these matters alone befor eyou embarass yourself.
I didn't realize you were still so upset from the last time you branded me ignorant.
Now lets set some parameters.
Frannie and Freddie had absolutely nothing to do with the Morgage meltdown? T/F
The enforcement of the CRA under Clinton did not lead to the writing of any more marginal loans? T/F
The lifting of the Glass-Stegal act had no effect on the way financial institutions conducted business? T/F
The failure of failing to regulate Frannie or Freddie in 2005...nothing to do with this? T/F
The CRA definetly not the sole responsibility for this mess. It does play part though. The persecuting by both Janet Reno and ACORN of financial institutions that they felt were too strict played a part. People overbuying played a part. In fact I'd probably say the majority of this leads to the general population of this country, but we ain't taking responsibility.
I don't believe that Barry bears any responsibility, the seeds for this were sown way before he had an opportunity to effect things. Its ridiculous to think that a freshman senator could have any clout on this issue.
I do believe that Barny Frank and Chris Dodd and a few other do have some questions to answear.
Wow I said all of that with out calling you ignorant or racist Moe. Hmmmpphh...guess I'm not as smarted as you.
We're tracking this and many other race baiting politics at stopdogwhistleracism.com...the good, bad and ugly from the right, left and center, all about race in the race.
If ACORN is so horrible, how come John McCain headlined an ACORN event 2 years ago?
It appears McCain was for ACORN before he was against it.
What's that sound? Is it tc's head exploding? Why yes, yes it is.
Guys, don't think this meme is confined to the fringe. I actually heard Lamar Alexander interviewed on WPLN last week and saying that after the election Congress really needs to look into the role of the CRA in this mess [Ah, yes--all those coloreds flipping condos with money extorted from Countrywide and Lehman Brothers--none of whom were covered by the law]. When "respectable" Republicans trot this stuff out, you know it's because they think it has legs.
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