I guess the idea it to basically “give” blacks and hispanics houses and send the bill to others in the form of taxes to cover the defaults.
Nothing surprises me anymore. I worked for a place once that built add on enclosures for homes, like garden rooms.
The application had a box for what race you were. Blacks and Hispanics got a lower interest rate. I was asked by the boss if I thought that was wrong. I said “yes, and then quit.
I guess the idea it to basically give blacks and hispanics houses and send the bill to others in the form of taxes to cover the defaults.
I know this might sound insensitive to some, but to those who claimed the tea parties had few "people of color" attending, perhaps this might explain one reason.