Friday, December 23, 2011
Why the 1% are less empathetic to the poor
So doesn't it just seem to you like the 1% just don't give a damn about anyone else? That they lack basic empathy and compassion? This week - Bank of America got hit with a $335 million settlement for preying on minority homebuyers. Their subsidiary - Countrywide - systematically screwed over blacks and latinos - people who just walked in - looking to buy a home - and walked out with a subprime exploding mortgages - even though they qualified for the non-exploding normal mortgages that white people were getting Banksters looked at these prospective homebuyers not as customers - not as fellow Americans - not as neighbors or friends - but instead as suckers - people they could con into a crooked mortgage and walk away with extra fees.
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