Re: 'Green [meaning money] is the color of civil rights?'
by
ncwebguy
04/10/2008, 3:25 PM #
If economic advancement for traditionally disadvantaged minority groups is a key to their liberation, then they won't be liberated for a while...
The number of victims of the subprime/foreclosure crisis skewes overwhelmingly toward minorities. The Bush administration's one-two sucker punch of 1) cheap liquidity post 9/11 to artificially stimulate/prop up the economy resulting in complex financial structures and 2) looking the other way when lending institutions made no money down loans to borrowers who could pay "interest only" and/or "low teaser interest rates" for a few years but no chance of making adjusted payments.
Meanwhile, doing nothing to stop the flow of millions across the borders and getting cheap, lead laden inferior goods in return has been another tool in making it more difficult for getting more "civil rights" green.
To say nothing about the export of our civil rights green to Iraq to keep their army from standing up so our army can't stand down -- Gen. Petraus's pause on troop reductions. Or record oil and gas prices, even when adjusted for inflation.
At this rate, even the middle class is destined to lose their green civil rights, which pleases the Republicans and their corporate masters just fine.
