Hartmann: Why the 1% are Less Empathetic to the Poor

So doesn’t it just seem to you like the 1% just don’t give a damn about anyone else? That they lack basic empathy and compassion? This week – Bank of America got hit with a $335 million settlement for preying on minority homebuyers. Their subsidiary – Countrywide – systematically screwed over blacks and latinos – people who just walked in – looking to buy a home – and walked out with a subprime exploding mortgages – even though they qualified for the non-exploding normal mortgages that white people were getting Banksters looked at these prospective homebuyers not as customers – not as fellow Americans – not as neighbors or friends – but instead as suckers – people they could con into a crooked mortgage and walk away with extra fees.