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Entry: The Diversity Recession, or How Affirmative Action Helped Cause the Housing Crisis Link: http://www.takimag.com/site/article/the_diversity_recession_or_how_affirmative_action_helped_cause_the_housing#30805 Post contents: This aspect of the crisis deserves much more attention. Black civic leaders threatened to sue banks in the 1990s, claiming discrimination in mortgage loans, and then the rules were changed so that blacks and latinos could get their own homes... ...and they defaulted. The liberal press is spinning this by claiming "Minorities [were] hardest hit," which is a tacit admission that this article is correct. It could not be the case if the Clinton Housing Bubble weren't affirmative action writ large. Sent at: 2008 11 20