[Spridgets] Sad

[andrewpayne at intrex.net]

I first heard the term "ninja" loan a week ago at a conference. It may have just been out of the loop, or maybe it's because I don't watch Fox news.  But I ask curious if there is a real reason for this term, ie a long standing acronym.  Otherwise it seems like thinly veiled racism by whomever (Fox?) coined the phrase.  
I make this statement because, for years the word "ninja" has been used by folks now in their 20s and 30s to replace the other "N word" in casual conversation and while singing along with music. And the word sounds similar too.  If there is some other meaning to this phrase please correct me.  But all the same, keep this meaning in mind.
Drew
------Original Message------
From: brian james
Sender: spridgets-bounces at autox.team.net
To: Robert E. Shlafer
Cc: Spridgets
Subject: Re: [Spridgets] Sad
Sent: Sep 23, 2009 8:23 AM

No, not even close.


On Wed, Sep 23, 2009 at 6:44 AM, Robert E. Shlafer <pilotrob at webtv.net>
wrote:
> Actually didn't this start with Carter,  doubled-down upon by Clinton in the
90's and enforced upon by Janet Reno/Jaime Garelick intimidating banks by way
of threat of Federal Audit as Obama in his role as an ACORN attorney sued
banks who refused to have anything to do with NINJA loans/mortgages????
>
> Cap'n. Bob      '60 :{)
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