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8
orange_dit 8 points ago +9 / -1

the subprime mortgage crisis

Wasn't that caused by blacks not being able to pay their mortgage?

2
sometimescanbefunny 2 points ago +2 / -0

Yep. "Here, take this money for this house that we know you cannot afford because the government is forcing us to do this."

Blacks (in aggregate) have the Charmin touch.

1
Angerisagift 1 point ago +1 / -0

Bankers were making money hand over fist with their liar loans and the real estate bubble. And when it came crashing down the big guys got free TARP money and acquired distressed properties.