EthnicMajority

Sonia Sotomayor, President Obama’s nominee for the Supreme Court is imminently qualified and her credentials and experience are indisputable. And she is a Latino woman. This is the ultimate “two-fer” for Obama and the Democrats.

The right-wing Republicans were going to protest against any nominee further left than Antonin Scalia anyway, just to show their ever-shrinking base that the party is still alive. In the process, their opposition has irritated scores of women and Latinos. Not a good idea for a party struggling to convince the public that their tent is getting bigger, not smaller.

That’s bad enough, but how do you make the situation even worse? Start by claiming that Sotomayor is racist for her comments a few years ago that her background and experiences made her a better judge. This is basically the same thing every judge says during their confirmation hearing because it is reasonable and logical – except if your experiences include being a Latina and a woman.

It appears that the Republicans are still using the Karl Rove playbook – attack your opponent for your own weaknesses. I await step two from the playbook. Accuse Sotomayor of being: a) a terrorist, b) an illegal immigrant, c) unpatriotic, or d) all of the above.

EthnicMajority Politics page.

In a recent New York Times article, the headline screams: “home ownership losses are greatest among minorities”. Given that African and Hispanic Americans were more likely to get subprime loans during the housing heyday up to 2006, you would think they would be the most negatively impacted by more recent foreclosures and more stringent mortgage approval standards.

In reviewing the research conducted by the Pew Research Center that the Times used to reach this conclusion, it does not appear that the news is as bad as the headline purports. Overall home ownership reached a peak of 69% in 2004 and declined to 67.8% in 2008. During the same time period, whites fell from 76.1% to 74.9%, Asians 60.8% to 59.1%, Blacks 49.4% to 47.5%, and Hispanics 49.8% to 48.9%. While home ownership rates declined more than the average for Asian and African Americans, the differences were marginal. And Hispanic declines were less than average, especially for more recent immigrants.

That said, the future does not look bright. African and Hispanic Americans are still two or three times more likely to get a subprime loan, pay 3 percentage points more for it, and borrow more for the same income levels when compared to whites.

This could lead to another foreclosure crisis, and we are still feeling the effects of the last one. But lets not jump the gun by making things sound worse than they really are today.

Ethnicmajority housing page.