fucking politics [05 Oct 2008|05:30pm] Posting this one because I don't like how people are using lies for political purposes around the entire financial meltdown we are suffering. Here's a good refutation of some of the talking points that have been bandied about in an attempt to use the current crisis as a weapon in the election (warning, it is Alternet, so some of the language is more inflammatory than even the BS they are responding to. Yes it would be nice if both sides could try to make their points without having to attempt to frame the other side as evil): Conservative pundits and politicians have piled onto the excuse like shipwreck victims clinging to a passing log: The real blame for the current economic crisis, conservatives would have you believe, lies not with anything they did, but rather with the 1977 Community Reinvestment Act -- a successful Carter-era program designed to get banks to stop covert discrimination, and encourage them to invest their money in low-income neighborhoods. and yes, some of it is a bit grasping for straws, imo. But overall it addresses some of the overly broad false claims. Oh yes, and as usual with political sites, don't read the comments unless you want your head to explode, regardless of where you fall in the political spectrum. 1 comment|post comment

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