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This stinks. Damages should be awarded to *individuals* who can show that they were charged a higher rate because of their race. Someone in the GOP with brains and guts should make an issue out of this.
1 posted on 10/30/2015 7:07:37 AM PDT by reaganaut1
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To: reaganaut1

Bring out the nose-calipers!


2 posted on 10/30/2015 7:09:41 AM PDT by SpaceBar
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To: reaganaut1

So. The government is really saying it is OKAY to prejudge one’s status simply by their name and location.

I’m guessing that what I’ve joking remarked about in the past about the names “Vagisil” and “Nyquille” would be worth some real bucks in that settlement money......

No racism here folks....not a damn bit it seems if it means money to minorities. As long as money is involved it’s okay to have names like NAACP and UNCF.... hypocrits


3 posted on 10/30/2015 7:11:05 AM PDT by Gaffer
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To: reaganaut1

Poor Rachel Dozeal sure got busted at the wrong time.


4 posted on 10/30/2015 7:14:20 AM PDT by MNDude (God is not a Republican, but Satan is certainly a Democrat.)
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To: reaganaut1

Most will end up in Democrat campaign coffers for the 2016 elections, because minorities vote Democrat and would send their check to the DNC anyway. Sending these payers directly is a convenience to the minorities, and getting this deal with Ally is VERY convenient to the Democrat Party!


5 posted on 10/30/2015 7:14:56 AM PDT by txrefugee (C)
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To: reaganaut1
How come the majority have no rights?

6 posted on 10/30/2015 7:17:28 AM PDT by BitWielder1 (I'd rather have Unequal Wealth than Equal Poverty.)
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To: reaganaut1

When have taxpayers been held liable for law violations by private businesses?


9 posted on 10/30/2015 7:25:25 AM PDT by odawg
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To: reaganaut1
If some transgender freak can perceive themselves to be of a different gender than the gonads they were born with and get special legal rights to impose their perception, then why can't I perceive myself to be a black man and get the same legal rights.

After all, I have a LOT more in common with a black man, than an XY does with a YY, and vice versa.

11 posted on 10/30/2015 7:29:42 AM PDT by Vigilanteman (ObaMao: Fake America, Fake Messiah, Fake Black man. How many fakes can you fit into one Zer0?)
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To: reaganaut1

I’ve wondered if Ally Bank was a sham/set-up....for JUST this purpose. (Payouts...from top down.)

It appeared, almost overnight....running non-stop ads, promotions, etc. Something just didn’t seem right about it, to me.

That’s also about the time I noticed a lot of shiny new GM vehicles, driven by, er...minorities, all over the place.

Coinkydink? Timing is everything.


Ally Bank is a unit of Ally Financial, headquartered in Detroit, Michigan, which became a bank holding company in December 2008.


14 posted on 10/30/2015 7:33:42 AM PDT by Jane Long ("And when thou saidst, Seek ye my face; my heart said unto thee, Thy face, LORD, will I seek")
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To: reaganaut1
make educated guesses using an algorithm that assigns probabilities to whether borrowers are minorities based on their last names and locations.

Try to imagine the outrage if a Republican was caught doing this.

17 posted on 10/30/2015 7:35:52 AM PDT by libertylover (The problem with Obama is not that his skin is too black, it's that his ideas are too RED.)
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To: reaganaut1

Upon what was the lawsuit based? If the company did not collect racial information on borrowers, what exactly is it supposed to have done?


18 posted on 10/30/2015 7:40:57 AM PDT by sphinx
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To: reaganaut1

Can you say “Reparations”?


19 posted on 10/30/2015 7:41:35 AM PDT by deweyfrank
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To: reaganaut1
algorithm that assigns probabilities to whether borrowers are minorities based on their last names and locations

Barack Obama, Washington DC... That name and location will be given a 100% probability of being poor, minority by the algorithm.

20 posted on 10/30/2015 7:42:00 AM PDT by CodeJockey
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To: reaganaut1
this is the new norm....breaking every civil right to give special money or access or privilege to "minorities"....

do not expect the justice system to make this right...

the govt in its whole will protect itself....

which is why, if you are attacked by a mob of "minorities" somehow, someway, you'll be the culprit...

21 posted on 10/30/2015 7:45:06 AM PDT by cherry
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To: reaganaut1

The law firms will get the money.


22 posted on 10/30/2015 9:23:21 AM PDT by minnesota_bound
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To: reaganaut1
This is setting up the auto-loan version of the mortgage crises.

Cry discriminatory lending practices, force lenders to give loans to people that have zero security, no work history and no intent on paying the loans back.

Cry r@cism if anyone sees how crazy/damaging the practice is.

When the scheme falls apart, cry "predatory lending"!, the Fed gov comes in, makes rules, takes more control of another sector of business, distributes payment, er, checks to all those poor,poor victims, wink & nod.

Pepeat

23 posted on 10/30/2015 10:28:56 AM PDT by NativeSon ( Grease the floor with Crisco when I dance the Disco)
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