TIP: Click on subject to list as thread! ANSI
echo: crossfire
to: John Massey
from: Bob Klahn
date: 2008-10-07 05:37:00
subject: Mortgages

JB>>> Before the Democrats' affirmative action lending policies
 JB>>> became an embarrassment, the Los Angeles Times reported
 JB>>> that, starting in 1992, a majority-Democratic Congress
 JB>>> "mandated that Fannie and Freddie increase their purchases
 JB>>> of mortgages for low-income and medium-income borrowers.

 BK>>  And the fact that Coulter interprets that as minorities is
 BK>>  enough evidence of her bigotry ploy. There are far more low and
 BK>>  medium income whites than minorities.

 JM> The bigotry/racist rhetoric is nothing more than a
 JM> diversion/smoke screen, to keep the dumb masses from seeing
 JM> clearly the Government mandated mortgages be made available
 JM> to people that could not afford to repay them. The problem

 Show it.

 JM> is not the race of the person that got the sub-standard
 JM> mortgage. Any intelligent person can figure the majority of
 JM> the sub-standard loans went to whites because whites out
 JM> number blacks in the general population. The problem is the

 Gee... then why couldn't Coulter?

 JM> Government telling private business to make the loans
 JM> available.

 The problem was racial discrimination in granting loans. When it
 was black areas being redlined race *WAS* the criteria.

 JM> Then you have the arrogance of the Democrat
 JM> leaders. Nancy saying the Democrats have nothing to do with
 JM> the creation of the problem, is a clear indication that
 JM> they know the average American voter is economically
 JM> illiterate, and the Democrats know they can get away with
 JM> tactics like this to keep them that way. It worked on you.

 Yet I am the one who has been consistently setting you straight
 on your economic errors. Gee... that must make you very very
 economically illiterate.



BOB KLAHN bob.klahn{at}sev.org   http://home.toltbbs.com/bobklahn

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