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To: Liz

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.


109 posted on 04/22/2009 6:02:21 AM PDT by dforest
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To: indylindy

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.


Reparations.


128 posted on 04/22/2009 6:15:07 AM PDT by Atlas Sneezed (Typical "Rightwing Extremist")
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To: indylindy; Liz
It is because of initiatives like our Trillion Dollar Commitment and our American Dream Commitment that we have exceeded our HUD affordable housing goals for ten consecutive years. And we have increased our financing of mortgages to African Americans by over 400 percent and to Hispanic Americans by 470 percent in the past ten years, compared with a 205 percent increase in overall financing.

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.

185 posted on 04/22/2009 6:43:44 AM PDT by stayathomemom (Cat herder and empty nester)
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