Saturday, January 05, 2008

just like clockwork

Who didn't see this coming?
Last week, a coalition of civil rights groups, including the National Council of La Raza, the Center for Responsible Lending and the NAACP, called for a national six-month moratorium on foreclosures -- after observing that the subprime crisis disproportionately affected minorities.
Hell, that was the most predictable part of this whole fiasco so far. We all knew the "civil rights" groups were going to cry foul sooner rather than later, for the lower-income groups that are getting hit the hardest have disproportionally high percentages of minorities. And never ones to let facts, data, or reason get in the way, said groups are up in arms and calling for some twisting of the rules. Why? Well, if minorities are disproportionally affected then there must be discrimination involved somehow, dammit!

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