Efforts on the part of some conservatives to pin the Wall Street meltdown and the $850 billion rescue tab on the backs of minority homeowners are shameless and spurious, several activists and minority lawmakers said Friday.
“That is total bunk,” said Kathleen Day, spokeswoman for the Center for Responsible Lending, a public interest group. “I think this is an effort by extremists who are embarrassed that their economic model of little regulation and oversight failed miserably, so they’re trying to deflect blame to the victims.” READ FULL STORY
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