Congresswoman Michele Bachmann is hardly a stranger to controversy. She also is no stronger to racial controversy. Prior to hinting that Sen. Barack Obama might be anti-American, she made another controversial racial statement. In fact, Congresswoman Bachmann blamed the current economic crisis, in essence, on blacks and other minorities. During a House hearing on the financial crisis, Rep. Bachmann cited an article “How A Clinton-Era Rule Rewrite Made Subprime Crisis Inevitable,” that was written by Terry Jones in a conservative publication called Investor’s Business Daily. The controversial issue and the even more controversial article was cited by Think Progress. Here is an excerpt from Think Progress, “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.’” So, apparently Congresswoman Bachmann thinks black people and other minorities are to blame for this huge financial crisis. I suppose that Congresswoman Bachmann is also throwing President Bill Clinton and his administration under the bus, too. In Congresswoman Bachmann’s world, President George W. Bush and the Republicans, banks, predatory loaners and everyone else would be completely innocent. Democrats, including blacks and other minorities, are to blame for our current mess according to Michele Bachmann. Think Progress went on to document a strong response from Democratic Congressman Keith Ellison, who like Bachmann is from Minnesota, as he said, ”I personally am not going to just sit by and let people trash programs that helped folks get into housing who have been struggling to get in.”
Think Progress:
http://thinkprogress.org/2008/09/26/bachmann-ellison-economy/
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