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| 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
... ... Cheer Up! Things are getting worse at a slower rate.
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