American Elephants


When Democrat Policies Fail, They Switch to Race-Baiting. by The Elephant's Child

It’s not just the EEOC. Obama’s new credit watchdog agency The Consumer Financial Protection Bureau (CFPB), is criminalizing debt collections by arguing they have a “disparate impact” on black Americans.

CFPB chief Robert Cordray says he’s coming up with new rules to crack down on creditors and third-party debt collectors who “hound” black borrowers more frequently than white ones.  “We will not tolerate companies harassing consumers in the debt collection market,” Cordray warned. He promised black church leaders that he would seek “economic justice” for blacks who have fallen into debt and come under the thumb of bill collectors and other “financial predators..”

The agency solicited more than 30,000 complaints that allegedly prove that creditors are abusing debtors. But they just took borrowers’ word that they don’t owe what they owe. A recent federal study shows more than 96% of such complaints are “frivolous.”

The Federal Trade Commission’s 2013 study found that only 3.2% of consumer debt is legitimately disputed. In the meantime, the agency is helping deadbeats to get out of paying their debts by posting samples of letter they can send to creditors to tell them to bug off.

Redistributing wealth by letting debtors and deadbeats off the hook for their debts is not helpful for the economy, for blacks, or for the national polity.

The biracial Barack Obama presented himself in 2008 as the presidential candidate who would show us the way to national unity. No more red America and no blue America. He was going to fix it. Seemed like a good idea at the time, but like everything else, he didn’t mean it. Now Democratic control of the Senate is threatened, and it’s time to revert to the tried and true tactic of race-baiting.  Only politicians act as if the whole world is centered on race, class and sex. Class envy and racial demagoguery.

When Democrat policies fall, Democrats fall back on race as the issue. They have such a miserable history with race, but it does get annoying when they try to claim that Republicans —Republicans! are segregationists. Excuse me. Despite Democratic myth-making, Lincoln was a Republican. The slave holders in the South were Democrats, the KKK was a Democratic organization. The Dixiecrats were Democrats. Bull Connor was a Democrat. The Republicans were abolitionists. The Republican Party was founded as a party of abolition, and has remained so.




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