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HUD Secretary Jackson’s Gay Blame Flashback

Housing and Urban Development Secretary Alphonso Jackson’s resignation yesterday brought back memories of the politico’s questionable economic rationale:

Asked about the problems with subprime mortgages last June, Jackson insisted that many such [high-risk, high-cost] borrowers were not unsophisticated, low-income people but what he called “Yuppies, Buppies and Guppies” – well-educated, young, black and gay upwardly mobile achievers – with expensive cars who bought $400,000 homes with little or no money down.

At least we don’t shoulder all the blame, right?

On:           Apr 1, 2008
Tagged: , , , , ,
    • ggreen

      I have two hillbilly lesbian neighbors that drive leased 50k SUVs they paid nothing down on a 700K mortgage for a one-bedroom first floor condo. I anticipate the bank owned 4-Sale sign any day.

      Apr 1, 2008 at 3:25 pm · @ReplyReply to this comment ·
    • Afroguapo

      Are you serious? wow.

      Apr 1, 2008 at 4:55 pm · @ReplyReply to this comment ·
    • Jack Jett

      You know, this is where I think this crook should stick his head.


      NSFW….for sure

      Apr 1, 2008 at 5:33 pm · @ReplyReply to this comment ·
    • Charley

      If I knew it was that easy, I would have signed up. Stock up on gold and guns.

      Apr 1, 2008 at 7:26 pm · @ReplyReply to this comment ·
    • Afroguapo

      Jack Jett! WTF. is that video for real or doctored like some faux snuff film? I mean, I’ve heard of fisting but this is over the top. I thought it was fake (a fake vagina orifice) because her body doesn’t look real and the clips are disjointed.

      Apr 1, 2008 at 10:40 pm · @ReplyReply to this comment ·
    • Jack Jett

      Hey Afroguapo…

      The vagina is a strange and mystical organ. I think the video is real.

      I related to it because the last time I saw a pussy was as my head was coming out of it when I was born.

      Apr 1, 2008 at 10:59 pm · @ReplyReply to this comment ·
    • Afroguapo

      I saw a couple in college and while they were pliable, they were not this, uhm, overly receptive. Seemingly, it would be easier to push something out (ie. a baby) than stuff something as wide back in. It was also in college where I discovered the mystique and pleasures of exploring the male butt. If Eve Ensler can do the Vagina Monologues, some artistic gay man should come up with the Butt Chronicles.

      Okay, total non sequitur but watching Jesse Ventura on CNN. He’s pretty cool. Didn’t know much about him.

      Apr 1, 2008 at 11:09 pm · @ReplyReply to this comment ·

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