mnealtx 0 #26 September 19, 2009 QuoteQuoteQuoteyou're saying redlining doesn't exist? Re-read post 10. Then post something that proves your claim. So far, you haven't. redlining - does it, or does it not, exist? Not applicable to your claim. Keep trying.Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
dreamdancer 0 #27 September 21, 2009 QuoteQuoteQuoteQuoteyou're saying redlining doesn't exist? Re-read post 10. Then post something that proves your claim. So far, you haven't. redlining - does it, or does it not, exist? Not applicable to your claim. Keep trying. it's a simple question...stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
mnealtx 0 #28 September 21, 2009 QuoteQuoteQuoteQuoteQuoteyou're saying redlining doesn't exist? Re-read post 10. Then post something that proves your claim. So far, you haven't. redlining - does it, or does it not, exist? Not applicable to your claim. Keep trying. it's a simple question... Yes, it is - it's also not applicable to your claim. DO try to stay on-point, old bean.Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
dreamdancer 0 #29 September 21, 2009 QuoteQuoteQuoteQuoteQuoteQuoteyou're saying redlining doesn't exist? Re-read post 10. Then post something that proves your claim. So far, you haven't. redlining - does it, or does it not, exist? Not applicable to your claim. Keep trying. it's a simple question... Yes, it is - it's also not applicable to your claim. DO try to stay on-point, old bean. in your opinion - now answer the question or concede the point...stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
mnealtx 0 #30 September 21, 2009 QuoteQuoteQuoteQuoteQuoteQuoteQuoteyou're saying redlining doesn't exist? Re-read post 10. Then post something that proves your claim. So far, you haven't. redlining - does it, or does it not, exist? Not applicable to your claim. Keep trying. it's a simple question... Yes, it is - it's also not applicable to your claim. DO try to stay on-point, old bean. in your opinion - now answer the question or concede the point... You have to PROVE the point before it can be conceded, don't you think?Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
DJL 235 #31 September 21, 2009 Quotecolor blindness... QuoteBecause people of color were disproportionately saddled with predatory loans, neighborhoods of color bear the brunt of foreclosures. Black, Latino, Asian and American-Indian families have been stripped of much of the wealth they had carefully accumulated over the years. The impact of these losses will last for generations. That people of color face higher rates of foreclosure is no coincidence. Until the 1970s, communities of color were broadly excluded from owning homes as a result of racial "redlining" practices and racially restrictive neighborhood agreements. Then Congress passed the Community Reinvestment Act (CRA) to end discrimination in lending. Suddenly redlining and racial exclusion were made illegal and people of color slowly began to access prime loans. But in the late 1990s, Congress deregulated the mortgage industry along with Wall Street, opening the space for industry to circumvent the CRA. These were the same anti-regulatory maneuvers that made subprime securitization possible. As the CRA was weakened and incentives to sell subprime loans grew, neighborhoods of color provided fertile ground for the sale of these faulty products. Since communities like Leila's were largely devoid of prime lenders as a result of redlining, there was little competition and the credit vacuum created conditions for the predatory sale of high-cost loans to communities of color. The streets of central Brooklyn and Detroit filled with predatory lenders and millions of these mortgages were sold. They ultimately burst, flooding the economy with toxic assets and submerging all of us in an economic storm. In other words, the economic crisis is built on the country's long history of racial discrimination. http://www.commondreams.org/view/2009/09/13-6 This can all be summarized by: WHITE PEOPLE!"I encourage all awesome dangerous behavior." - Jeffro Fincher Quote Share this post Link to post Share on other sites
dreamdancer 0 #32 September 22, 2009 QuoteQuoteQuoteQuoteQuoteQuoteQuoteQuoteyou're saying redlining doesn't exist? Re-read post 10. Then post something that proves your claim. So far, you haven't. redlining - does it, or does it not, exist? Not applicable to your claim. Keep trying. it's a simple question... Yes, it is - it's also not applicable to your claim. DO try to stay on-point, old bean. in your opinion - now answer the question or concede the point... You have to PROVE the point before it can be conceded, don't you think? if you don't want to answer a simple yes/no question about the subject then you have conceded... (does redlining exist or not)stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
