Outside Job: zomblog vs. the Oscars

Back in 2008 I wrote a post on my personal blog about the origins of the subprime loan crisis and the nation’s subsequent economic meltdown. I had pretty much forgotten all about that post until I was shocked back to consciousness by the Academy Award given on Sunday to the agitprop documentary Inside Job.

My latest PajamasMedia essay revisits my original thesis (that the subprime loan crisis was in reality caused by “social justice” activist groups shaming reluctant banks into granting mortgages to unqualified borrowers), and ties it in to recent devlopments:

Outside Job: Using the Oscars to legitimize a political theory