No. of Recommendations: 23
The theme of this article seems to be that it's the bank's fault for loaning Detroit too much money:

Really? What would they have said if the banks told Detroit to go pound sand? I can tell you what they would have said: RACISTS! The banks didn't hold a gun up to Detroit's head demanding they take the loans, Detroit went BEGGING to them for the money! Is it the bank's fault that Kwame was a crook? That the Detroit City Council has been perhaps the most inept city council in the world for the past several decades?

Oh, and they take the banks to task for making subprime loans in Detroit. What other loans CAN you make in Detroit?!? It's pretty much a third world city! Anyone with money lives somewhere else! You couldn't PAY me to live in Detroit.

Just a lot of excuse-making and finger-pointing, anything but blaming what's clearly at fault: liberalism.
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