Kamala Harris unveils $100 billion black homeownership plan

Merely because their skin is black? Why would they do that?

 

You ducked my question.

 

It beyond sad.
That we are stuck between a corrupt bankrupt lying adulterous con man and someone who wants policy based solely on the color of their skin... is terrifying.

Wtf is going on

I’m glad I hold dual citizenship on the other side of the world

 

Could this be a marxist wealth redistribution scheme?

 

does that same source also tell you that blacks are almost twice as likely to default on a loan then whites?

http://www.responsiblelending.org/m...alysis/foreclosures-by-race-and-ethnicity.pdf

 

I've heard this before, but such people don't seem to want to leave.

 

That’s not true, from the same source, penalties include: (it also just excluded risky neighborhoods — not races)

• Invest $25 million in a loan subsidy program to increase the amount of credit the bank extends in majority-Black-and-Hispanic neighborhoods in the Affected MSAs.
• Spend at least $200,000 annually (for at least five years) on a targeted advertising and outreach campaign that advertises the loan subsidy program and is targeted to generate mortgage loan applications from qualified residents in majority-Black-and-Hispanic neighborhoods in the Affected MSAs.
• Spend at least $750,000 on partnerships with community-based or governmental organizations that provide financial or other assistance to residents in majority-Black-and-Hispanic neighborhoods in the Affected MSAs.
• Spend at least $100,000 annually (for at least five years) to sponsor at least 12 annual financial education events offered by community and governmental organizations, with the events to cover credit counseling, financial literacy, and other related educational programs “to help identify and develop” qualified loan applicants from majority-Black-and-Hispanic neighborhoods in the Affected MSAs. (The amount the bank must spend cannot include salaries or other compensation paid to bank personnel participating in the events.)
• Open or acquire two new full-service branches within majority-Black-and-Hispanic neighborhoods in the Affected MSAs, with the branches to be located in “retail-oriented spaces in visible locations accessible to concentrations of owner-occupied residential properties in the majority-Black-and-Hispanic neighborhoods in the Affected MSAs” and that “will provide the complete range of services typically offered at [the bank’s] full-service branches and will accept first-lien mortgage applications.”
• Revise its CRA assessment areas to include all of Bronx, Kings, Queens, and New York counties in New York; the city of Camden; and the city of Philadelphia.
• Hire a third-party consultant to assess the credit needs of the majority-Black-and-Hispanic communities within the Affected MSAs and, based on the consultant’s written report, submit a remedial plan to the CFPB and DOJ that details the actions the bank plans to take to comply with the requirements of the consent order “to best achieve the [order’s] remedial goals.”
• Hire a third-party consultant to assess the bank’s redlining compliance management system and, based on the consultant’s written report, submit a written ECOA/FHA compliance plan to the CFPB and DOJ that includes various elements such as policies and procedures for the selection and oversight of brokers to address redlining risks and monitoring for redlining. The bank must also conduct fair lending training for its employees and hire a full-time Director of Community Development whose responsibilities include overseeing the bank’s continued lending in majority-Black-and-Hispanic neighborhoods within the Affected MSAs consistent with the remedial plan and building relationships with community organizations.

 

Yes, and HOW do they exercise that discrimination? Do they have little colour wheels in all their branches, which they hold up to the face of every applicant to check for a match? And what happens when a naturally olive skinned white person spends two weeks in Hawaii and trips the detector? Or an Indian neurosurgeon on $600k a year?

I use absurdities because the entire idea (that any institution discriminates according to skin tone) is absurd.

 

Oh I don’t want to leave, I love my home — the decisions my neighbors make, not so much — but I find security knowing that when both parties finish ****ing this nation into the ground I have an easy out if it comes to that.

 

Does Talcum X qualify?

 

So your plan is to vote leftist until the country is run into the ground, and then you will bounce?

things non Americans say I suppose.

 

Oh sure... well, there are plenty of other examples.
Here, a 335 million bucks of a settlement going to the government because 1 bank... 1 bank discriminated black people.
https://www.justice.gov/opa/pr/just...nt-resolve-allegations-lending-discrimination

These things fly a dime a dozen.

 

no one denies some whites and blacks are racist - but they are not the norm for either race

here is an example of a black judge showing his racism

so what does he do cause this 3 year old child fears black people cause of the perps actions, instead of scolding the perp, give him a hand slap and scolds the white parents

had this been a black child afraid of white people cause a white perp did this, you think the judge would of reacted the same?

https://www.courier-journal.com/sto...e-slams-victims-tots-black-men-fear/25581605/



now does that mean all white victims should fear getting justice from black judge, of course not... but it does happen.. same with white judges

the problem I have is when judges, bankers, whatever are caught doing this and keep their jobs

both sides need to make sure they are not blaming entire races for the action of the racists in each and make sure they call out the racists of each when they do racist things

 

I just sourced a +300 million settlement proving 1 bank was rather racist. These things fly a dime a dozen. And who are you to claim that the victims may not get that money? Is it because the victims are black?

 

Go ask a bank who made a settlement about it. There are plenty of them around.

 

I still think the dude is black, though clearly only ever so slightly. She looks Ashkenazi (Polish, mebee). But's that's only the fake hair talking. Without that she looks pure Celt.

 

Sounds more that you do not approve that banks made settlements going in the 100's of millions for their racist ways. Though.

 

Colour wheels?

 

He wasn't black when he was a kid.

 

banks make an assessment on loan application which they use many factors in the process to determine risk
not much different then auto insurance companies do on determining insurance rates
women pay a lower auto insurance rates then males because females get into far less accidents then males there for much less risk
so does that then make the auto insurance companies prejudice against males?

 

I even got a source that 1 bank alone paid a 335 million settlement for their racist ways.
See that I care you think the justice system aint fair, and demand that black people get treated 2nd class.

 

So that is your justification for the taxpayer to give preferential treatment based on race-which is by definition racist?

 

False again, “The settlement provides $335 million in compensation for victims”

The settlement went to cure damages to the victims, not the government.

So the victims were already reimbursed but you feel they should be reimbursed again?

Have any other examples?

 

CNN's Don Lemon claimed that Harris isn't African American, she's just black. That means anyone with a tan is now considered black by the left's Holy Grail of news. So now we need to know from Harris what her definition of black is.

 

We don't pay less in my country (as females), but we certainly pay MORE if we're under a certain age (as drivers). There are always parameters. Risk assessment is the key to almost all such business.