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UPDATED - Fox News to All Minorities: You're to blame for the Financial Crisis

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Yep, I couldn't believe it until I actually read the transcript and saw the video. Neil Cavuto of Fox News blamed all minorities and "other" risky groups for the financial meltdown in the housing sector.

Nevermind people like Phil Gramm who created the laws that deregulated banking to allow these ever more "creative" vehicles to be passed. Nevermind the fact that the S&L crisis in the late 80s was, partly, blamed on John McCain and his ties to Keating.

No, it's all the fault of minorities.

/snark, maybe?

I guess we now understand how John McCain was able to justify blaming Barack Obama for this mess a week or so ago right?

/end snark, maybe?


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