It is depressing how much horseshit Republicans get away with spewing.
Subprime lending was the early signal of the oncoming crisis, but because it was convenient to blame all those shifty poor people our elite press and policymakers continued to be oblivious to what was happening. As I've written many times, way back in 2007, at an ACORN presidential candidate forum, basically every audience member was screaming about predatory lending, but no one paid any attention. Poor people were impacted first by predatory and otherwise crappy lending, but they were only the beginning..
