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Friday, March 1, 2013
Bloomberg Businessweek Cover: Blame The Latinos
The cover of The Great American Housing Rebound is a story about the return of aggressive mortgage lending practices that many economic experts attributed to the last housing bubble resulting in the financial collapse.
Seems like a straight forward story until you look at the cover. Apparently, it’s the Latinos and minorities who are rolling in the money.
This illustration isn’t only inaccurate, racist – it is dangerous because it puts a face to a problem that many people are still struggling through. It gives them a license to take their frustration (sometimes violently) out on a community who are also victims of predatory lending practices.