[Marxism] Greatest Loss of Wealth in Modern U.S. History

[Dbachmozart@xxxxxxx]

Report: Subprime Mortgage Crisis Causing African Americans to  Experience
Greatest Loss of Wealth in Modern U.S. History 

A startling  new report has predicted the subprime mortgage crisis will cause
people of  color to lose up to $213 billion, leading to the greatest loss of
wealth in  modern U.S. history. The figure appears in a new report from
United for a  Fair Economy called Foreclosed: The State of the Dream 2008.
The group  accuses mortgage lenders of deliberately targeting the poor and
people of  color with high-cost loans. We speak with Dedrick Muhammad,
co-author of the  report.

Listen/Watch/Read
<http://www.democracynow.org/2008/1/17/report_subprime_mortgage_crisis>





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