Memo to Mark Krikorian: the economy's failure is not simply an excuse to revise and update KKK-style propaganda:

While juxtaposing these two facts -- (1) WaMu has a racially and ethnically diverse workforce and (2) WaMu collapsed yesterday -- the National Review writer headlined his post: "Cause and Effect?"

Krikorian gives a hat tip to Steve Sailer. Quelle fucking surprise.

Also at the Corner: Iain Murray sees potential economic meltdown, and thinks "whatever we do, we can't restrict predatory lending to the least wealthy." If a liberal is a conservative who's been mugged by the economy, what do you call the guy peddling coshes?