Today's NYeT BDS Update

clipped from www.ibdeditorials.com Media Bias: The paper of record blames the "mortgage bonfire" on President Bush and his "laissez-faire" housing policies. But to get there, the Times completely ignored history prior to 2002. That's when Bush gave a speech in Atlanta and announced a goal to increase minority homeowners by 5.5 million. According to the Times, this was the event that started the mortgage meltdown. "He pushed hard to expand homeownership, especially among minorities," its lengthy front-page piece asserts. "But his housing policies encouraged lax lending standards." If the Times had said the same thing about Bush's predecessor, its story might have a kernel of truth to it. Clinton and his top banking regulators were far more aggressive in pushing minority homeownership. It's plain the New York Times is trying to litigate its case — without full discovery or a fair trial — on behalf of its client, the president-elect, who derided the Republican "Ownership Society" during the campaign.