Michael Lewis, the author of , has an essay, A Wall Street Trader Draws Some Subprime Lessons.
His treatise? This is what happens when you lend money to poor people.
For the life of me, I can't figure out if he's joking or not.
I read it, and I was incensed, and then I thought, "What wonderful snark", and then I thought, "I hear Republican talking points like this all the time."
Either he's got one of the blackest hearts on wall street*, or a marvelous sense of snark, in which case I am completely pwn3d†.
I just can't tell which.
For the sake of the world I hope that it's pwnage.
*Which is saying something.
†Owned
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