Rich people don't particularly mind talk about helping poor people -- unless that talk starts linking the wealth of the one to the poverty of the other.
Take, for instance, the mess around subprime mortgages.
That's just what United for a Fair-Economy has done in State of the Dream 2008, this group's latest-analysis of how fares the legacy of Dr. Martin Luther King, Jr.
This newest State of the Dream zeroes in on the subprime crisis for a single powerful reason. As the report bluntly puts it, "Subprime lending has caused the greatest loss of wealth to people of color in modern U.S. history."
Via AlertNet
21.1.08
The Color of Subprime
Posted by netID UK at 17:14
Labels: Economy, Life, Lifestyle US, Money, People, US Economy, USA
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