The Two Christofascist Michelles: Blacks, Hispanics, Gays to Blame for Economic Crisis!

"And by now, it's getting into

PROTOCOLS of the ELDERS of ZION territory."

The neocons and Christofascists have actually figured out ways to blame minorities about Wall Street's Financial Meltdown. While they haven't mentioned gays directly, they've managed to implicate two major minorities (major-minors?): Hispanics and African Americans.

Michelle Malkin:

It’s no coincidence that most of the areas hardest hit by the foreclosure wave — Loudoun County, Va., California’s Inland Empire, Stockton and San Joaquin Valley, and Las Vegas and Phoenix, for starters — also happen to be some of the nation’s largest illegal-alien sanctuaries. Half of the mortgages to Hispanics are subprime (the accursed species of loan to borrowers with the shadiest credit histories). A quarter of all those subprime loans are in default and foreclosure.

Amanda Terkel (Think Progress):

Yesterday in a Senate hearing on the financial crisis, Rep. Michele Bachmann (R-MN) spoke on what caused the situation. To make her point, she read from an article called “How A Clinton-Era Rule Rewrite Made Subprime Crisis Inevitable,” written by Terry Jones in the right-wing publication Investor’s Business Daily.

The article criticizes the Community Reinvestment Act (CRA) for pushing “Fannie and Freddie to aggressively lend to minority communities.” Jones goes on to say that Clinton was misguided to push “homeownership as a way to open the door for blacks and other minorities to enter the middle class.”

(Rick Perlstein - Campaign for America's Future)

Third of all: the part that makes you sick to your stomach. The pattern being drawn across the right—the Big Lie so notorious it's hard to belief they'd even dare it—is that this financial mess is something black people have done to white people.

Now watch this recent John McCain ad, the one that gratuitously, and with visual bluntness, ties Barack Obama a mustachioed villain who has nothing to do with the Barack Obama campaign but does have something to do with the collapse of Fannie Mae and Freddie Mack—a man who happens to be black.

National Review's Mark Kikorian added gays and lesbians to the fault mix just by titling his post "Cause & Effect?" It was WaMu's press release the day before the fall:

WaMu Recognized as Top Diverse Employer—Again

Company ranks in top ten of Hispanic Business’ Diversity Elite and earns perfect score on the Human Rights Campaign’s Corporate Equality Index.

I haven't been able to link diversity with bank failures, but God does work in mysterious ways! Hell, we knew they'd find a way, ANY way to link all minorities to Wall Street's Great Fall.

The reasoning of bigotry never ceases to amaze me.

Just a thought.