What we have is another futile attempt to link "multiculturalism" ; ...Republican codeword s for black people and minorities...and the banking mess...to Obama.

That fact is indisputable, and it lies at the very heart of this financial meltdown

That statement plus everything else you posted isvery disputable , factually challenged, to say the least.

Im wondering how a Republican majority and President for 6 out of the last 7 years managed to overlook a financial meltdown you're now claiming was brought on by the Democrats...Far from it, in the  the current mortgage meltdown, did lenders approve bad loans to comply with CRA, or to make money? 

I think we all know the answer to that, you were hooting about how wonderful the economy was since I can remember. An economy built on the housing bubble. Are you saying that the great free market, new idea conservatives who are so economically savvy andwho  incidentally controlled the Whitehouse and Congress during the meat of the problem, missed this?

 Bullshit.