Found this article on the housing situation:
This country always has to turn everything into racial. All I got from this article was people accepted loans that were loans with terms that they should not have accepted. Now they are loosing their houses and some study wants to say it was racially motivated. These loan companies saw a human target to give a loan to with high interest so they could make money for years to come, they saw only green, not black, not mexican. This is where it is time for America to change, that the fact you are either American, or your not. No more this white crap, black crap, or mexican crap. Everyone says we have the First Black President, as long as we think like that, their will be racism. This is the first time Obama is President, not the first time a black man is President. AS for the economic fall out, it is a lot more complicated than just the housing situation, or the fault of just one President.