This week's column discusses the dark, unmentionable, deep, taboo, secret that no one (shhhhhhhhh) is supposed to mention (I'll write it small so we can keep it to ourselves): the race-based social engineering that turned the US economy into The Titanic. 

This race-based social engineering--right out of the Marxism that treats human beings as plastic game counters that can be forcibly distributed  according to a totalitarian playbook--was foisted onto banks in the interest of "affirmative action lending" in order to boost home ownership for minorities. To implement this policy, banks had to overlook traditional markers of good and bad risk--credit histories, employment, down payments, etc.--thus opening up the housing market to loan customers (of all races) who were not economically qualified, from naive novices in over their heads to deadbeats to speculators to illegal immigrants. Government-sponsored Fannie Mae and Freddie Mac-- which Dick Morris has called a retirement community for old Democrats, and which, of course, made Obama their Number 2 beneficiary of campaign contributions in the Senate--institutionalized these practices by buying up the resulting risky loans and selling them on the world market.

What is chilling is Barack Obama's personal connection to the efforts to force banking to conform to the social engineers' vision of what "should" be. What is mystifying is John McCain's failure to discuss this connection--particularly given his own Senate efforts to rein in Fannie Mae and Freddie Mac in 2005. As a supporter of the kind of Marxist social engineering policies that have led us to this financialcrisis, Obama should be languishing in the polls at this time; but not, of course, if McCain fails to charge him with it.

The Obamedia, meanwhile, is hopeless on this count. And now, the head of the National Urban League has actually written to Treasury Secretary Paulson asking that he "correct" those few statements and editorials that point out the links between affirmative action lending and the economic crisis. (Since when does a government official get to "correct" free speech?) Morial, a former mayor of New Orleans, told the Washington Post that the effort "to pin the subprime crisis on African Americans and Latinos" is a "big lie." Excuse me, Mr. Morial. But the "African Americans and Latinos" you refer to are not the culprits, and no one is saying so; the culprits are the mainly Democratic social engineers, a la Obama, who have manipulated us all to fulfill their dictatorial notions of social perfection. 

Of course, don't think this is a Democratic scandal alone.  Although relatively late to this game, which began being implemented in the Carter administration, George W. Bush is one of the leading social engineers of the current crisis. Here is an eye-opener of a piece by Steve Sailer that details his and Karl Rove's invovement. It may help explain why we hear limited commentary on this subject on "conservative" Fox News, where Rove, of course, is a main analyst.