Obama Courts Young Latinos in Texas; Krugman Notes the Credit Pinch is Hitting Students

I'm still working on my piece on the YDA/CDA super delegates, but wanted to alert you to these two stories:

First, TPM Cafe reports that Obama is up on the radio in Texas with a spanish-language ad aimed at young Latinos. By and large, Hillary has won the latino vote, and this is a pretty smart move for Obama looking to cut into her lead by picking up more points with his own base - younger voters. Here's a translation of the ad:

Clip from Barack Obama: "There is not a liberal American and a conservative America; there is the United States of America."

Barack Obama is talking to me.

He's faced many of the same challenges that we've faced in my family.

His parents weren't rich, but through hard work, he earned a scholarship and found his way — graduating from Harvard Law School.

And instead of accepting job offers that paid a lot of money, Obama decided to work with churches, giving a helping hand to those less fortunate in his community.

Clip from Barack Obama: In this election, in this moment, let us reach for what we know is possible.

Obama is talking to me.

About the opportunity to go to college … and about ensuring my parents and grandparents have the health care they need.

That's why I'm talking to others — my parents, my uncles, and my friends — because politics isn't just for those who like to fight, it's for those who want to build a better future.

Obama is talking to me, and he's talking to you too.

BO: I'm Barack Obama and I approve this message.

Second, Paul Krugman notes on his blog today that the subprime lending/credit pinch we're in is starting to impact providers of student loans, with bad results for students who rely on loans to meet their tuition:

Yesterday, the Michigan Higher Education Student Loan Authority, a state agency, said on its Web site that “due to the current and unprecedented capital-markets disruption” it will stop making loans under the state’s Michigan Alternative Student Loan, or MI-Loan, program. More than 100 Michigan colleges and universities participate in the program.