Friday, September 19, 2008

Mark Levin, Now   [Lisa Schiffren]

I always listen to Mark Levin while making Friday night dinner. Tonight he is giving the most serious, intelligent, cogent explanation of the current economic crisis I have heard or read anywhere. He is giving a precise political and legislative history going back several administrations, but concentrated in the Clinton Administration, where the major changes that led down this road were initiated. Funnily enough, he has explained just what it is community organizers do. Advocating, for instance, for affordable housing for the poor — the poor who traditionally rent, because they are bad loan risks. The day that reasoning by banks was junked as "racist," was the day this crisis became a possibility.  I don't think he's ad-libbing — and I, for one would love to read the transcript at NRO in the next day or two.

09/19 06:39 PMShare