Well, this is welcome news - or more accurately the study on the pestilential effects of the Community Reinvestment Act it refers to is welcome news if one has the technical chops to read that - whatever, the gist of the gist here is all the average person needs to know and it'd sure be nice if each was made aware of it somehow - which of course will never happen cause the media will continue to act as if the financial crisis was all the fault of greedy Wall Street types and the evil republicans who serve their greedy little interests - and since the socialist was re-elected by tying evil white rich guy Romney to the evil white rich guys of Wall Street we certainly can't have any inconvenient counter-narrative truths being spoken, no. Stop ruining the story by insisting on being right you awful most horrible haters, you anti hope and changers, you racists!
Stupid left wing thinking that led to ruinously misguided government policies caused the financial crisis - well, that mess was the ugly child of many parents not least seminal of which was prodigiously improvident business people of course - I'm not in denial concerning the culpability of Wall Street etc etc - but business interests did what they always do, take risks, sometimes foolish risks, sometimes extremely foolish risks to maximize profits, that's why the market goes up and the market goes down - the real root of the problem in this instance, the difference maker, the true seed of rottenness was idiotic left wing thinking being unleashed into that combustible marketplace through wretchedly ill advised government policy anxious to impose an illusory egalitarianism - it was the distortions created by this government activism that pushed the system towards the maelstrom over which we currently dangle - and now we have four more years of a president who could be a poster child for this kind of misbegotten shite.
Very hard these days to find something one can honestly feel good about. There was that YouTube video of the toddler gleefully jumping in a puddle while his dog loyally loitered by his side. That was nice. Doesn't quite make up for the ruination of the American empire - but nice all the same.
