lol eric reid has been blackballed

[ImaginaryKev]

Billy is basically saying racism isn't a problem anymore in his eyes so Reid is wrong about everything. It's no use. 

[ImaginaryKev]

He's basically saying racism stopped after slavery ended, now. Like it was just a blip on the radar of the greater totality of American history. 

Run ya'll

[PanthersBigD]

Just now, Billy_T said:

Wait a minute now, based on 2019 as the line of demarcation Reid says his "people" have suffered from "400 years of systemic "oppression"....you seem to be focusing on a 50-to-60 year time frame that ended a long time ago...which is it?

Again, curious about where you stand on lending requirements....should lenders make lending decisions based on borrowers ability to pay them back?

Or should they be forced to loan to anyone and everyone just to diversify the demographic characteristics of their loan portfolio to a point that satisfies the whims of others?

"The FHA wasn't even around in 1830, so HOW COULD THEY HAVE DENIED THEM HOME LOANS FOR 400 YEARS?!?!?!!11?" 

This guy. 

[PanthersBigD]

3 minutes ago, ImaginaryKev said:

He's saying racism stopped after 50-60 years after slavery ended, now. Like it was just a blip on the radar of the greater totality of American history. 

Run ya'll

I'm 99% sure this guy is a home schooler. LOL. 

[TheRed]

Donald Sterling is still in here littering his filth?

Shame.

[ImaginaryKev]

Just now, PanthersBigD said:

I'm 99% sure this guy is a home schooler. LOL. 

I had to edit that post bc i misread it the first time then read it again, so i changed the 50-60 years part but yeah. He's saying racism is over, stop whining black folks

[PanthersBigD]

1 minute ago, TheRed said:

Donald Sterling is still in here littering his filth?

Shame.

Come on now, he's leading us all to the truth. From his work desk in his family room. 

[ImaginaryKev]

I'm not saying Billy is a nazi or racist or whatever but its discouraging to think how many white folks like him simply think black people are lying about stuff

[PanthersBigD]

1 minute ago, ImaginaryKev said:

I had to edit that post bc i misread it the first time then read it again, so i changed the 50-60 years part but yeah. He's saying racism is over, stop whining black folks

I can see him, sitting at his little work desk, legs dangling from his chair like a regular Ben Shapiro. Epic!

[PanthersBigD]

2 minutes ago, Billy_T said:

 

400 is Mr. Reid's chosen number, not mine.

Focus here, 2019 is important.....that's the year Mr. Reid cites marking "400 years of systemic oppression"....that means every year since 1619, not just some of them, all of them.  

In fact, the '07-'09 financial crisis was a direct result of a late '90's Clinton administration directive to implore FNM & FRE to embark on an aggressive subprime lending campaign to allow the "underserved" (lots Reid's people) to take out loans regardless of whether or not they could pay back the funds.  Said another way, the system was gamed in order to help minorities take out home loans they shouldn't have been taking out...

************************

(from the NY Times, a trusted source for lots of dolts):

https://www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-aid-mortgage-lending.html

"In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans...

Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people...

... at least one study indicates that 18 percent of the loans in the subprime market went to black borrowers...

''From the perspective of many people, including me, this is another thrift industry growing up around us,'' said Peter Wallison a resident fellow at the American Enterprise Institute. ''If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''

Fannie Mae officials stress that the new mortgages will be extended to all potential borrowers who can qualify for a mortgage. But they add that the move is intended in part to increase the number of minority and low income home owners who tend to have worse credit ratings than non-Hispanic whites.

Home ownership has, in fact, exploded among minorities during the economic boom of the 1990's. The number of mortgages extended to Hispanic applicants jumped by 87.2 per cent from 1993 to 1998, according to Harvard University's Joint Center for Housing Studies. During that same period the number of African Americans who got mortgages to buy a home increased by 71.9 per cent and the number of Asian Americans by 46.3 per cent.

Despite these gains, home ownership rates for minorities continue to lag behind non-Hispanic whites, in part because blacks and Hispanics in particular tend to have on average worse credit ratings.

LOL. Redlining is a type of systemic oppression, not the only one, and definitely not the only one Reid was referring to when he criticized the New Deal. You should have your mom work with you on your reading comprehension. It will help a lot, not just now, but later in life! 

[ImaginaryKev]

Billy is clearly probably a college grad unlike some of the actual bitter Nazis on this board but he really tried to dismiss mass incarceration as made up. Like he didn't see double standards with the opioid crisis and crack epidemic of the 80s or how black communities are over policed and exploited by police departments (google baltimore of ferguson justice dept investigations for proof) and blacks are locked up at higher rates for the same crimes (again, all googleable) and all that poo.

And if we present him with this or any other statistics, like Stop and Frisk, he's gonna go into a whole personal responsibility spiel ("just don't get arrested with pot") that we all technically agree with but isn't mutually exclusive with understanding how racism hits people harder than others and how the justice system seems powered by black bodies--and people with actual doctorate degrees who study history explicitly agree with this but their education and experiences aren't enough cuz a random white dude disagrees.

It's an exercise in futility with these folks. 

[ImaginaryKev]

3 minutes ago, Billy_T said:

Absolutely not true.

Sure there are still problems to be dealt with but by Reid's count nothing has changed for the better, ever, in 400 years.

That's just not true (as evidenced by all the mortgage related programs that have taken place over the last 25+ years).

I mean if I've misrepresented your point and need to go back i apologize but let's not act like he doesn't have a point and is wrong for trying to stand up for people less fortunate. It really seems petty and avoidant

[PanthersBigD]

Just now, ImaginaryKev said:

Billy is clearly probably a college grad unlike some of the actual bitter Nazis on this board but he really tried to dismiss mass incarceration as made up. Like he didn't see double standards with the opioid crisis and crack epidemic of the 80s or how black communities are over policed and exploited by police departments (google baltimore of ferguson justice dept investigations for proof) and blacks are locked up at higher rates for the same crimes (again, all googleable) and all that poo.

And if we present him with this or any other statistics, like Stop and Frisk, he's gonna go into a whole personal responsibility spiel ("just don't get arrested with pot") that we all technically agree with but isn't mutually exclusive with understanding how racism hits people harder than others and how the justice system seems powered by black bodies--and people with actual doctorate degrees who study history explicitly agree with this but their education and experiences aren't enough cuz a random white dude disagrees.

It's an exercise in futility with these folks. 

I don't know man. His reading comprehension is pretty awful for a college grad. 

[ImaginaryKev]

Like, the whole personal responsibility thing is lazy and adds nothing when talking about how blacks get arrested more for petty poo like pot. Of course we know you shouldn't have got caught and you need to go to jail or whatever if you get caught (legalize it) but don't act like police depts dont lock up black folks for crap at higher rates than whites but their neighborhoods don't get patrolled as much because its nicer

Edit: this is an off-topic thought