Are There Any Subprime Saints?

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What’s the difference between a subprime a-hole and a subprime saint? Intent.

One focuses on maximum, nation-crushing profit, the other on providing merely profitable, nation-building services.

Check out Slate for subprime lenders to the working poor and minorities who have late-payment/default rates so low as to be insignificant.

Comparisons such as these alone should provide sufficient bases for thoroughgoing prosecutions once Obama is in power.

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FACT:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn't fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2020 demands.

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