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Fox News Blames Black People for Financial Meltdown

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Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: TheYoungTurks

Length: 04:53
Rating: 4.52
Views: 86511

Tags: african-americans  bail  black  blacks  blame  business  cavuto  crisis  economy  financial  fox  latinos  loans  meltdown  minorities  neil  news  out  people  street  the  turks  wall  young  

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Video Comments

Bacchant33rd (November 30, 1999 at 12:00 am)
The roots of the crisis go back to the early 1970s when finance was "liberalized" from the constraints of the post-war period (1945-1970). These constraints were instituted by the US & UK for a reason: because it was assumed CORRECTLY that allowing governments to control capital movements & currencies would provide a basis for rapidly expanding growth in trade, which indeed happened. It's the GOLDEN AGE OF MODERN CAPITALISM. FREEING these constraints RETARD growth & development. As it has done
kabloozie (November 30, 1999 at 12:00 am)
the next two years you're going to see places like Irvine, CA melt down - 80% of the homes purchased the last several years in that city alone were either ARM interest only loans, or negative amoritization loans - when they reset, you're gonna see huge defaults on those loans.
DanielHubb360 (November 30, 1999 at 12:00 am)
I was gonna say the same thing Kilo2176. I never hear any journalism on this show, just hate against fox news and taking things completely out of context.
DanielHubb360 (November 30, 1999 at 12:00 am)
Every guy has always liked phat(fat--so you dont think im stealing from you) asses man
smarthand (November 30, 1999 at 12:00 am)
Cavuto a hate monger, scared to death. Just listen to the words that comes out his mouth. Most importantly just listen to his voice. He has problems with his throat. He may have a big problem with his throat. Use your mind, ears and eyes. He's worried about Blacks. He better worry about his throat. I remember Peter Jennings sounding like Cavuto. Remember God is no respecter of persons.
Neetroplus (November 30, 1999 at 12:00 am)
Well maybe if they weren't loaning so much money to people then the prices wouldn't be so high and ordinary people could afford homes and other things like college for their kids!That guys just racist though. It had nothing to do with minorities. White people might be a minority already.
fagdrag1214 (November 30, 1999 at 12:00 am)
it is true, PC loans were pushed to get blacks into homes. they did get loans even if they could not afford it because of the risky minority loan requirements set do the fed.(supported by the democrats)
vwfoto (November 30, 1999 at 12:00 am)
He did not said Black or nigger. But He did said lending Minority is a big risk. Yes it's mean Black, Latin basiclly to Non whites. lending to people based on their minority status Blame on them ? Hm...................How about the CEO of INC
peachtoes (November 30, 1999 at 12:00 am)
....?
maintenancebob915 (November 30, 1999 at 12:00 am)
hey brother , think about this,,everybody wants to be a nigger, but when shit gets hot , nobody wants to be a nigger, meaning the wear out style of clothing, listen to our music, now they like phat asses, before it was boobs and juggs..lol and just bite our whole style..but when shit get hot , now its white power ,, fuck dem crackers..thats y i fuck as many whte gurls as i can ..lmao they sprung on bbc's

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