[lbo-talk] Sub-prime crisis in Kansas City
Chuck
chuck at mutualaid.org
Fri Jan 4 10:04:53 PST 2008
Wojtek Sokolowski wrote:
> Two points.
>
> 1. None of the links provided in this thread actually
> works. What is wrong?
>
> 2. I think that any hint that the subprime loan is
> some form of corporate conspiracy against people of
> color is ludicrous. How on earth is such a conspiracy
> supposed to work?
Where did I ever say anything about a conspiracy? I agree with you that
most capitalists are simply out to make money any way they can, but I
was pointing out that the subprime scam primarily preyed on poor people
of color, similar to how predatory lending works.
Chuck
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