Friday, September 26, 2008

What a mess! What is McCain thinking? Oh yea! The election. Maybe Sara could pray for us and have Bishop Thomas Muthee pray for us too? Actually, I really believe we should be praying, but with humility and a feeling for justice. Sort of like the Magnificat.

On October 17, 2005 in his blog James Howard Kunstler wrote this:

“Meanwhile, the mortgage industry, a mutant monster organism of lapsed lending standards and arrant grift on the grand scale, is going to implode like a death star under the weight of these non-performing loans and drag every tradable instrument known to man into the quantum vacuum of finance that it creates.”

Prophetic? Maybe a little. I feel uncomfortable, like maybe it is unjust, giving relief to the wealthy, while those “minorities and risky folks” Fox News’ Neil Cavuto refers to get screwed.

Who said racism and class distinctions don’t exist in the United States. How about this comment by a supposed educated, smart newscaster? Fox News' Neil Cavuto said that “Fannie and Freddie are a disaster. Loaning to minorities and risky folks is a disaster.” Is someone going to call him to task for this?

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