February 20, 2009
Cuba. Oh, dear. Yeah, it’s fun, and colorful and the rant makes for a lot of Twitter and blog buzz. But digging a little deeper, the rhetoric/hysteria a la Fox News is damaging to national discourse.
As for this “moral hazard” business, all I can know for sure is: in my neighborhood of very modest Marin County homes, the mortgage crisis has hit the Hispanic households the hardest. They work hard. They weren’t buying luxury homes. Sure, there were a few speculators. But mostly, they just wanted a little piece of the American dream, especially good schools for their kids and closer proximity to their work.
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