Warren Forgets Who Created
Subprime Mortgages
Barbie of the Left,
Sen. Elizabeth Warren (D-MA), told a group of Democrat donors in the Boston
area that the subprime mortgage crisis unfairly "targeted" minority
families looking to buy a home. She also lambasted what she saw as an unholy
alliance between Wall Street and government, with people moving from -- in
leftist eyes -- the evil corporate banks into government work, tainting the
vaulted work of orchestrating plebeians' lives. Politico reports, "She
ascribed some of the problem to a worsening climate of economic opportunity for
African-Americans than existed even a decade ago, according to attendees. And
she said that the mortgage crisis affected black and Hispanic families more
heavily, describing those groups as being 'targeted.'" Warren neglected to
mention those subprime mortgages were created by the government -- Democrats,
in particular -- and then the government forced banks to adopt risky lending
practices as a way to encourage minority homeownership. So were minorities
"targeted"? Absolutely. By Democrats.
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