He may have good ideals, but the 60’s gradoise speeches are so passe, sounds like preaching. Oh yeah, he needs to change his name for far too many people have changed the B to a S. And he needs to get some makeup:

http://www.youtube.com/watch?v=dthLAaQyOr4

And check out the NYT spoof of lending standards

http://www.nytimes.com/2006/08/09/business/09leonhardt.html

THERE’S an old “Saturday Night Live’’ skit in which Eddie Murphy sets out to experience life as a white man in New York. He starts in a dressing room, where makeup artists lighten his skin as he studies up by reading Hallmark cards. Duly prepared, he wades into Midtown Manhattan calling himself Mr. White.

His first stop is a newsstand, where the white cashier conspiratorially tells him to take a newspaper without paying for it. Then comes a ride on a public bus that morphs into a lounge with cocktails and music after the last black rider gets off.

Finally, Mr. White enters the Equity National Bank to ask about borrowing $50,000 even though he has no identification, no collateral and no credit history. But no matter. Such things are mere “formalities,” a loan officer says, while removing stacks of cash from a metal box. “Just take what you want, Mr. White. Pay us back anytime. Or don’t. We don’t care.”

Back in 1984, when the skit was shown on NBC, nobody would have imagined that it was poking fun not just at race, but also at banks’ lending standards. At the time, not even a white man in a gray suit could have gotten a loan without any documents and paid it back at his leisure.

But if you watch the skit today on YouTube or a DVD, you can’t help but see another, unintended layer of satire. In the last few years, so-called no-doc and low-doc mortgages — in which loan applicants can avoid formalities like pay stubs and instead simply state their income — have surged in popularity. Critics call them “liars’ mortgages.”