[lbo-talk] Sub-prime crisis in Kansas City

[Chuck]

The Kansas City Star recently ran a feature on the scope of the 
sub-prime mortgage crisis in Kansas City. I recently saw a map of the 
situation in Cleveland published by the BBC. Looking at maps for 
Cleveland and Kansas City, it finally dawned on me that the whole 
sub-prime crisis isn't just something that is affecting home owners 
across racial and class lines, it really is a massive crime committed by 
corporations against poor and middle class people of color.

I'm just wondering if this crisis is really a powder keg that has yet to 
go off.

Here is the Star story:

American dreams built on a shaky foundation of subprime loans
http://nl.newsbank.com/nl-search/we/Archives?p_action=doc&p_docid=11DDF3AFC30B9E08&p_docnum=16

The online story doesn't include the maps of where in the city people 
were getting subprime loans. In Kansas City, it's mostly the area of the 
city mostly populated by people of color, just like the situation in 
Cleveland.

Chuck

Another Blog is Possible
http://chuck.mahost.org/weblog/