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Kamala's $100 billion 'racial wealth gap' program

Bush did this

Led to 2008 meltdown

"Lend" $ to Coloreds, you NEVER get it back
 
TrainReq said:
Bush did this

Led to 2008 meltdown

"Lend" $ to Coloreds, you NEVER get it back
Click to expand...

What led to the Bush recession was banks and Wall Street firms telling the government, "Don't regulate us. We know what we're doing. It's different this time."

Also, banks double or triple mortgaging the same property, robo signing, and both entities using debt to buy more debt without any cash reserves.

But hey, let's keep the racist crap going.
 
no

it was because banks were forced to lend $$$ to coloreds,

knowing full well that they wont get it back

yes....banks packaged those loans etc etc

but it was the COLOREDS

it was was also

NIGGERS FAULT!
 
Corey Booker wants every child born in the US to be "given" $1,000 dollars in a savings account.


Of course, he did not specify that they be legal-born...
 
TrainReq said:
no

it was because banks were forced to lend $$$ to coloreds,

knowing full well that they wont get it back

yes....banks packaged those loans etc etc

but it was the COLOREDS

it was was also

NIGGERS FAULT!
Click to expand...

No, they weren't. Nowhere was anyone "forced" to do anything.

You can repeat the lie all you want, it won't make it true.
 
someoneyouknow said:
What led to the Bush recession was banks and Wall Street firms telling the government, "Don't regulate us. We know what we're doing. It's different this time."

Also, banks double or triple mortgaging the same property, robo signing, and both entities using debt to buy more debt without any cash reserves.

But hey, let's keep the racist crap going.
Click to expand...

And what racial demographic was disproportionately affected by all that bad, subprime paper writing/underwriting and reunderwriting leading the left to screech about how racist Bush is for Clintons "Community Reinvestment Act" changes??

Hint: it wasn't middle class white folks.....
 
Sorry, but no matter how often you repeat that lie, it's still a lie.



They were told that, specifically, they would not be allowed to
create new branches if their loan ratio was not "in the black."
 
SpeareChucker said:
Corey Booker wants every child born in the US to be "given" $1,000 dollars in a savings account.


Of course, he did not specify that they be legal-born...
Click to expand...

Why stop at $1,000. Let’s give everyone 10million dollars. Suddenly, everyone is fucking rich, no one has to work. In the span of 3 days the whole economy grinds to a halt and the government collapses from a valueless currency. Crime and drugs would soar. That’s just the start.

Bring on the Anarchy🐾Kant
 
Kantarii said:
Why stop at $1,000. Let’s give everyone 10million dollars. Suddenly, everyone is fucking rich, no one has to work and in the span of 3 days the whole economy grinds to a halt and the government collapses from a valueless currency. Crime and drugs would soar. That’s just the start.
Click to expand...

Indeed


Money is something that you just print or create like Bitcoin...
 
I have gold, silver, guns and ammunition...


How'm I doing dad?
All the young dudes,
carry the news...
 
Debt?

Debt?

Debt? Something that can be erased by a few keystrokes?
Why are we hung up on debt? Because it's Trump's debt now???
 
BotanyBoy said:
And what racial demographic was disproportionately affected by all that bad, subprime paper writing/underwriting and reunderwriting leading the left to screech about how racist Bush is for Clintons "Community Reinvestment Act" changes??

Hint: it wasn't middle class white folks.....
Click to expand...

Hint: you're wrong again. During the first three years of the mortgage crisis (2007 - 2009), the majority of those who lost their homes were non-Hispanic and white. It's only when you take into account the relative numbers of applications for black and hispanics that their numbers outpace whites.

https://www.responsiblelending.org/mortgage-lending/research-analysis/foreclosures-by-race-and-ethnicity.pdf


The largest group to go from home ownership to renters was Hispanics, though men were more affected than women.

https://www.businessinsider.com/impact-of-2008-crash-on-housing-2016-2
 
*groan*


Because they're like 80+% of the population?
Are you being stupid on purpose?
 
SpeareChucker said:
*groan*


Because they're like 80+% of the population?
Are you being stupid on purpose?
Click to expand...

Whites only make up 2/3 of the population.

As the above reports showed, and as I stated, blacks and hispanics were affected more relative to their number of applications.

But this is typical for apologists. They use statistics like a drunk uses a light post. For support rather than illumination.
 
I don't blame it on any race, creed or color.

Never did.

I always blamed it on the desire by government
to increase the rates of overall home ownership
as a desired outcome, no matter the cost.
They were willing to take up the bad debt
via a quasi-governmental identity.

However, as much as you might want to squeal, squawk and deflect
the onus of this drive was focused on minority home-ownership.
Most of the "whites" who got caught up in the scam were
buying and flipping homes on the government's dime.

You are a purposeful moron, and that's giving you

EXTRA CREDIT!
 
someoneyouknow said:
It's only when you take into account the relative numbers of applications for black and hispanics that their numbers outpace whites.
Click to expand...

Right, that's why I said disproportionate as opposed to absolute or total.

That's the only way the SJW left ever gets to bitch and maintain their narrative.

Otherwise cops shoot more unarmed white guys for no good reason than black guys, more white people go to prison, are substance abusers, mentally ill, lacking in health care services and are poor/under or un-educated and hungry. The list goes on and on, there are just more of them.

But the "woke" left can't have that! No no no that doesn't fit the whole narrative about how Nazi USA, the most evil racist nation on Earth is keeping them oppressed and it's all white peoples fault. That all suddenly falls apart. :)

Point is the racial wealth gap is an individual issue, not a racial issue and no amount of wealth redistribution will change that. It's just going to piss off the people you're robbing to ease white guilt and reward professional victims.
 
Last edited:
PS


This desire was codified into law by Democrats.

This is a really old and well-traversed topic here...
 
BotanyBoy said:
Right, that's why I said disproportionate as opposed to absolute or total.

That's the only way the SJW left ever gets to bitch and maintain their narrative.

Otherwise cops shoot more unarmed white guys for no good reason than black guys, more white people go to prison, are substance abusers, mentally ill, lacking in health care services and are poor/under or un-educated and hungry. The list goes on and on, there are just more of them.

But the "woke" left can't have, no no no that doesn't fit the whole narrative about how Nazi USA, the most evil racist nation on Earth is keeping them oppressed and it's all white peoples fault, suddenly falls apart. :)
Click to expand...

AMEN!

Preach on brother!
 
Despite my heritage, I have never wasted even a moment
wallowing in the mire of being "oppressed."
 
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