Title: Fault of the Poor
Published: VCReporter
Date: April 9, 2009
About this cartoon: Much of the current economic recession came because of "toxic" mortgages on houses sold to people who couldn't afford them unless the real estate market kept climbing -- which it didn't, and these bad loans led to foreclosures that helped create the current crisis. Some of those who like to point fingers have placed the blame for the recession on those people who bought homes beyond their means (and the politicians who tried to give them a chance at home ownership). But there are many, many culprits amid a whole culture of greed, manipulation and speculation, and it's simply unfair to blame the poor for the fate that's befallen the entire economy, especially as they were directed by numerous others trying to make big money.