We Americans have spent the last decade scapegoating a lot of different types people for our problems.
Mexicans, illegal immigrants, gays, black people, people on welfare, Muslims, liberals, etc. come to mind. The Republican party since Nixon has almost made it an art form. The only people who haven’t been blamed are rich people.
So now, the rich have royally screwed up. They led us into Iraq, are losing the war in Afghanistan, gave us George W. Bush in the first place, and now, we have the largest financial crisis since the Great Depression.
And who are rich people blaming?
That’s right, poor people! I wrote about it a few days ago and the quotes keep coming. For some good takes on this, check out Media Matters and Think Progress.
You know what bugs me the most about the bailout? How everyone is afraid to point out who’s at fault. But I will. It’s poor people.
“It was their harsh regulation under the Community Reinvestment Act that started this ball rolling down the hill.”