• About Kathy Shaidle
  • Kathy Shaidle: Donate
  • Kathy Shaidle: Privacy policy

5 Feet of Fury

Kathy Shaidle's blog. Est. 2000

“I found myself wondering, as I drove around Detroit…”

November 7, 2008 By admin

“…if ‘subprime’ was in fact a new financial euphemism for ‘black.'”

More on the “diversity recession”:

The other item I would add is the effects of political correctness and discrimination lawsuits on financial institution’s ability to perform reality checks on their own actions. Nobody can send a memo to their colleagues saying “We lent a billion dollars to Detroit?” without being in severe danger of it turning up in the discovery of a redlining discrimination case.

Beyond that, it was just totally uncool to point out that Detroiters, where the high school dropout rate is, what, 75%, couldn’t really make enough money over the next 30 years to pay for all that bling they were buying with home equity lines of credit. Who wanted to hear it?

More from my site

  • “Now that Rosemary’s Baby is the president-elect, let the Resistance begin!”“Now that Rosemary’s Baby is the president-elect, let the Resistance begin!”
  • Mark Steyn: “The trick is to articulate the eternal truths in the American vernacular”Mark Steyn: “The trick is to articulate the eternal truths in the American vernacular”
  • That’s nice. Doesn’t matter.That’s nice. Doesn’t matter.
  • Voting for Obama: a badge of superiority?Voting for Obama: a badge of superiority?

Filed Under: Uncategorized Tagged With: :entry:fivefeet-2008-11-07-0008

« You can always get another job, but you only have one conscience
That’s nice. Doesn’t matter. »
  • Facebook
  • Linkedin
  • RSS
  • Twitter


Ebates.ca

RSS my husband’s blog

  • US government accidentally sends a strange conspiracy theory file describing ‘remote mind control’ and ‘forced memory blanking’
  • What do First Nations really think about Trans Mountain?
  • Austria shifts further to the right with hardline asylum policy
  • MP Michelle Rempel wants entire Canadian border designated official port of entry
  • Britons afraid to show their national pride in public for fear of ABUSE
  • Planned Parenthood Instructor Has Mother Arrested for Trying to Audit Pornographic Sex Ed Class
  • Democratic Party Sues World For 2016 Election Loss… Tinfoil Hat Makers See Stocks Soar
  • Far Left Hate Group SPLC Pulls Controversial ‘Anti-Muslim Extremist’ List After Legal Threats
  • Syrian asylum seeker, 19, hands himself into police after Israeli filmed himself being assaulted in anti-Semitic attack in Germany
  • Justin’s returning Jihadis pose potential chemical weapons risk to Canada: internal government documents

Archives

Copyright © 2018 · Magazine Pro Theme On Genesis Framework · WordPress · Log in