Per Michelle Malkin, it seems that Wachovia is posting $8.9 billion in quarterly losses because it partnered last year with La Raza to offer counseling in Latino communities on homeownership and community-development efforts:

Perhaps if the company had spent more time making sound business decisions and less time pandering to the National Council of La Raza/The Race and chasing the open-borders market, it wouldn’t be in as deep a hole as it is today.

In other news, young conservatives are worried about the intellectual poverty of their movement leadership.

Can’t imagine why.

Jane Hamsher

Jane Hamsher

Jane is the founder of Her work has also appeared on the Huffington Post, Alternet and The American Prospect. She’s the author of the best selling book Killer Instinct and has produced such films Natural Born Killers and Permanent Midnight. She lives in Washington DC.
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