Bloomberg Blames Minorities For 2008 Stock Market Crash

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BREAKING video of Mike Bloomberg blaming the 2008 crash on letting minorities buy homes. John Iadarola and Cenk Uygur, hosts of The Young Turks, break it down. MORE TYT:

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Hosts: John Iadarola, Cenk Uygur

Cast: John Iadarola, Cenk Uygur


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razoraudi says:

I cannot thank you enough for this video. I have learned that some black people in Birmingham are paying more than 30% interest on their bank sponsored home loans in North Birmingham (a black neighborhood) and to know that they are being systematically treated with contempt by someone who has made millions on their backs it is just beyond reason……

Stephanie Donato says:

No mike the banks knowingly gave loans to people who couldn’t afford them.

P. Coulomb says:

Yes Mr. Bloomberg all those fradulent "NINJA" sub-prime predatory loans sold by greedy banks pretending to abide the spirit of the non-discrimination laws, CDOs, credit default swaps… is all the fault of those evil minorities who swindled all those banksters and stock brokers who lost their homes… oh wait… Get wrecked Bloomer!

K A says:

U guys are indirectly agreeing with him!

Micah Gelfand says:

Anyone else get a Mike 2020 ad before this video 😂😂

Jack Ward says:

I think this is an opportunity for Blue Dog democrats to quit if Bernie is the candidate for President.. FOR THE BETTERMENT of the party they need to run Progressive candidates instead who know they will win.

PushPullPp says:

WE really need to see way more of this than what "may be" an out of context clip. Bloomberg is describing his POV of what happened but he was not involved. You have imo inferred wayyy too much from what I saw about Bloomberg himself.

Victor Iurac says:

this is soooooo funny – basically, according to wokepedia this guy is textbook racist, misogynist, imperialist etc. – basically, the dude is as right wing as they come both on economic and social issues. And, to add insult to injury, he wants to take away guns and ban sodas (so no right-winger will vote for him!). Yet, he is buying all the media call-girls. We are just watching how the ego of a height&pen!s$ challenged billionaire could literally accelerate the destruction of the world as we know it, and the majority of the "elites" are happy to be bought and go along

hope less says:

Just send all poc to Africa if white people are so bad. Don't like us fuk off then hit the road.

shakur 4illa says:

TYT blames white men for everything

Gustav Gnöttgen says:

Oh, I thought it was Obama? In any case: its impossible that unregulated market bubbles could have done that.

chencharoo says:

Plain and simple, if you don't want to get screwed again and again Vote Bernie Sanders 2020! the corporate media, the corporate democrats, the corporate Pharma, etc. will through everything including the kitchen sink Bloomberg and bucket at him. don't get fooled Vote Bernie 2020!

ZF82 AbuAnihaNt8 says:

he's blaming poor residential areas and mostly minorities and blacks live there,
And the politicians but not the banks,
So this tells you who's friend he is.

Brexit Refugee says:

Also Bloomberg: “if black people had not self-enslaved themselves and insisted on working for free and being treated like property, slavery would never have been a thing.”

Super Cooper says:

Just proves that democrats are no better than republicans 🤦🏿‍♂️

YTW2015 says:

He didnt bring up race once. He was spot on people who had terrible credit and no income verification were given mortgages at scale. This is nonsense

SuperMutant2099 says:

Bloomberg campaign is done. What happen it has more to do with banks and bad policies and people on both sides ignoring the issue. From what I understand is bush sent people to congress to talk about this in 2006 before the crash. Republicans wanted nothing to do with it.

ahmed hilal says:

Every time I watch you guys I’m getting dumber you really twisting things up

edgar gonzalez says:

"Anybluewilldo" = trump2020

taaroko says:

"The Bloomberg tape doesn't mean anything because a Bernie supporter found it!" sounds an awful lot like "Who was this whistleblower? He must be a Democrat, so it's just a political hit job!"

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