Media Matters: Cavuto suggests Congress should have warned that “[l]oaning to minorities and risky folks is a disaster”

Media Matters (9/19/08)

Cavuto suggests Congress should have warned that “[l]oaning to minorities and risky folks is a disaster”

Summary: On September 18, Fox News’ Neil Cavuto conflated giving home mortgages to minorities with risky lending practices, suggesting that there should have been “a clarion call that said, ‘Fannie and Freddie are a disaster. Loaning to minorities and risky folks is a disaster.’ “

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