(note: i just drove 750 miles straight on little sleep so please bear this in mind re spelling and well.. general writing skill. I hope this gets the point across and calls us to Some kind of Sane action to stop this roller coaster ride through the right wing looking glass)
We've all been watching the corporate media this week. Either wondering how badly they would misrepresent what is really going on with this disaster, or wondering what the rest of america is thinking. We werent disappointed. The media is currently spinning this crisis as caused by sub prime mortgages.That flatly is not true
In fact faux and the republicans have been trying to spin this as the fault of .. wait for it.. minority borrowers. Despite the fact that minorities revieved a miniscule percentage of those loans. In reality this was caused by the complete removal of financial regulation. Our financial regulation system is currently voluntary.
Only Barack Obama can do this.
(more below)
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