Michael Lewis, the author of , has an essay, A Wall Street Trader Draws Some Subprime Lessons.

His treatise? This is what happens when you lend money to poor people.

For the life of me, I can’t figure out if he’s joking or not.

I read it, and I was incensed, and then I thought, “What wonderful snark”, and then I thought, “I hear Republican talking points like this all the time.”

Either he’s got one of the blackest hearts on wall street^*, or a marvelous sense of snark, in which case I am completely pwn3d^†.

I just can’t tell which.

For the sake of the world I hope that it’s pwnage.

^*Which is saying something.
^†Owned