Neil Cavuto of (yes you guessed it) FOX News amazingly shifting responsibility for the financial crisis not on the idiots in his own party (i.e. President Bush), not even the typical FOX/GOP move and blame the Democrats. He blames Black People. I can’t make this stuff up.
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Rep. Michele Bachmann (R-MN) Yesterday in a House hearing on the financial crisis, spoke on what caused the situation. To make her point, she read from an article called “How a Clinton-Era Rule Rewrite Made Sub-prime Crisis Inevitable,” written by Terry Jones in the right-wing publication Investor’s Business Daily.
The article criticizes the Community Reinvestment Act (CRA) for pushing “Fannie and Freddie to aggressively lend to minority communities.” Jones goes on to say that Clinton was misguided to push “homeownership as a way to open the door for blacks and other minorities to enter the middle class.”
So I’m the blame for the financial crisis. WOW I didn’t know that.
I pay my mortgage, I understand the terms of an Adjustable Rate Mortgage (ARM). I actually am very suspicious of credit card companies and refuse to use one unless it’s my bank card. But I didn’t know that the color of my skin, not the characters who conducted these deals on Wall Street that is the blame.
Well I guess I need to tell BOSS Ids down understand all those fancy money stuff. Do you want me to apologize for being Black?
With this philosophy I can assume that because I’m Black I couldn’t be smart enough to graduate Magna Cume Laude from an Ivy League school. I’m Black.
With this philosophy I can assume that because I’m Black I should be viewed with suspicion and second guessed if I have the audacity to aspire for loftier goals. I should expect to be called “Uppity” by Congressman or accept being called “Boy” even if I’m over the age of 21. I’m Black.
With this philosophy I can assume that because I’m Black it’s alright that some will support and vote for someone not qualified and less educated because the color of their skin while angrily arguing against Affirmative Action. I get it, it’s because I’m Black.
With this philosophy I can assume that because I’m Black it’s strange or out of place for my church to be considered apart of a moral majority although it has been The Church who has influenced the morals of the majority of Black people in the community it’s in.
Black People are to Blame. Latinos are to Blame. Muslims are to Blame. It’s never your perversion of reality and social insecurities that is to blame. With this philosophy I can assume that because I’m Black I am to blame.
Should Blacks be concerned that Wall Street executives will form a “Rosewood-like” attack on minorities in the future? Perhaps denying me a business loan or student loan. What about setting a different set of rules for minorities trying to obtain a public office? I know you will not physically attack me, but nothing is there to stop you from some other action.
I’m not a person that would curse, but I can actually think of a few words that just fit this type of thinking.
If I was to accept this foolishness as truth or fact you could call me a ______, because I would have adopted an ignorant philosophy and view of people. But this Uppity _____ as you would call it is not afraid to say something or “sass you”. This is ridiculous. If you subscribe to this crap then you are as stupid as Neil Cavuto and the drones at FOX News.
Thank you Rep. Keith Ellison (D-MN) for standing up for truth. Thank you reading this who is equally outraged at this type of nonsense that still goes on.
Think Progress – 09/26/08 “Bachmann Blames President Clinton, Blacks and Other Minorities for current Financial Crisis”
Star Tribune – 09/25/08 “Michelle Bachmann: How we got into this mess”
The Atlantic – 09/28/08 “When all else fails blame the Negroes”