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-   -   Banks targetted negroes for subprime loans (https://gfy.com/showthread.php?t=893381)

Splum 03-12-2009 10:54 PM
Banks targetted negroes for subprime loans
 
Of course they did...

Quote:
The NAACP is accusing Wells Fargo and HSBC of forcing blacks into subprime mortgages while whites with identical qualifications got lower rates. Class-action lawsuits will be filed against the banks Friday in federal court in Los Angeles, Austin Tighe, co-lead counsel for the National Association for the Advancement of Colored People, told The Associated Press.
http://biz.yahoo.com/ap/090313/naacp...imination.html

Iron Fist 03-12-2009 10:57 PM
Oh wow.. they actually went there. Nicely done idiots.

mynameisjim 03-12-2009 11:01 PM
There is a history of predatory lending taking place in poor neighborhoods. The housing boom was no different.

Iron Fist 03-12-2009 11:04 PM
Quote:
Originally Posted by mynameisjim (Post 15622145)
There is a history of predatory lending taking place in poor neighborhoods. The housing boom was no different.
It's predatory in the fact that they had a paystub, a phone bill and a pulse. This has nothing to do with what color their skin was... NAACP is a bunch of fucking retards. :2 cents:

pr0 03-12-2009 11:08 PM
Quote:
Originally Posted by sharphead (Post 15622152)
It's predatory in the fact that they had a paystub, a phone bill and a pulse. This has nothing to do with what color their skin was... NAACP is a bunch of fucking retards. :2 cents:
Whether or not they targeted just the poor, or African Americans themselves. The fact is, a disproportionate amount of African Americans received sub prime mortgages & this should be heavily investigated/resolved asap.

So would i call the NAACP idiots? Hardly! I would say they definitely have a real case of race based discrimination here & this suit will really bring it to light. :2 cents:

Splum 03-12-2009 11:11 PM
Quote:
Originally Posted by pr0 (Post 15622167)
The fact is, a disproportionate amount of African Americans received sub prime mortgages & this should be heavily investigated/resolved asap.
Thats because "most" black people are fucking freeloading scammers, you act like these motherfuckers didnt know they couldnt afford the houses they were getting. LOL.

Voodoo 03-12-2009 11:12 PM
Vote for Voodoo as King of L.A. County. I will see to it, that no colored person will get home loans again!

This message is Obama Approved.

After Shock Media 03-12-2009 11:14 PM
It is no super big surprise and I know first hand from someone I know who was selling loans, they were given mapped out area's to go door to door and also place flyer's and signs.

pr0 03-12-2009 11:15 PM
Quote:
Originally Posted by Splum (Post 15622173)
Thats because "most" black people are fucking freeloading scammers, you act like these motherfuckers didnt know they couldnt afford the houses they were getting. LOL.
Wow....Just wow.......alright well I'm going to go ahead & duck out of this debate.

No debate based on stereotypes or hatred is really a "debate" in the end. It's just mudslinging.

However....I do respect your right to an opinion.

That is all :2 cents:

After Shock Media 03-12-2009 11:17 PM
Quote:
Originally Posted by pr0 (Post 15622184)
Wow....Just wow.......alright well I'm going to go ahead & duck out of this debate.

No debate based on stereotypes or hatred is really a "debate" in the end. It's just mudslinging.

However....I do respect your right to an opinion.

That is all :2 cents:
Pay him no real attention. When I got back from my illness it seems as if that nickname either was transferred or the owner went super politically retarded and then on a posting spree.

Splum 03-12-2009 11:20 PM
Quote:
Originally Posted by pr0 (Post 15622184)
No debate based on stereotypes or hatred is really a "debate" in the end. It's just mudslinging.
You are using the same stereotypes... in reverse. Think about it.

james_clickmemedia 03-13-2009 02:35 AM
low income & under educated does NOT = black...

John-ACWM 03-13-2009 04:18 AM
Quote:
Originally Posted by After Shock Media (Post 15622183)
It is no super big surprise and I know first hand from someone I know who was selling loans, they were given mapped out area's to go door to door and also place flyer's and signs.
damn conspiracy :Oh crap


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