So sorry to have missed the online blow-by-blow session last night for the VP debate! I was listening to the debate while scouring a new house pre-move this weekend. Ugh.
Here's what's been bothering me in the last week in all the discussions of the economic crisis and the debate over the right response to it:
- Where's the acknowledgment of racist lending practices that seemed to have surfaced and been accepted when the mortgage crisis was first in the news?
It's not just Palin that talks this way but commentators, Congress, really everyone I've heard talk about the "trickle down" economic crisis that we're now in. It's as though we just can't bring ourselves to remember this little detail about our current pickle. It's real. It's systemic. It's about prejudice. It continues.
I feel that so much of the talk about solutions is so far beside the point because we refuse to address one of the key underlying problems. How much of that $700 billion bailout will go to retraining lenders and insurance companies to stop raising rates for families that aren't lilly white? Or rich? Or at the very least, creating provisions for accountability on that score?
These are the real questions; the rest is just beside-the-point sound and fury.