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To: Freedom'sWorthIt

So far, this is the only thing I have found - a guy live streaming as they walk to the White House

https://twitter.com/JAJancik/status/1314951007022067714?s=20


4,673 posted on 10/10/2020 8:46:01 AM PDT by gubamyster
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To: gubamyster

That’s great - thank you!!!!!


4,678 posted on 10/10/2020 9:01:54 AM PDT by Freedom'sWorthIt
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To: gubamyster

Nice turnout. I like the light blue/red visual.


4,697 posted on 10/10/2020 9:50:53 AM PDT by Rusty0604 (2020 four more years!)
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To: gubamyster

Get Woke, Go Broke — Racial Politics Dives JP Morgan Chase To Repeat A Massive Historical Mistake

Under pressure to solve the alleged problem of ‘systematic racism’ that is said to be afflicting the entire nation and every institution therein, they made a point of retracing the very same paths that created one of the more dramatic financial crises in the last 100 years.

JPMorgan Chase said Thursday it will extend billions in loans to Black and Latino homebuyers and small business owners in an expanded effort toward fixing what the bank calls “systemic racism” in the country’s economic system.

The New York bank said it is committing $30 billion over the next five years toward programs that include earmarking more money for getting Black and Latino families into homeownership and providing additional financing to build affordable rental housing units.

“Systemic racism is a tragic part of America’s history,” said JPMorgan Chase CEO Jamie Dimon in a statement. “We can do more and do better to break down systems that have propagated racism and widespread economic inequality.”

In the immediate aftermath of the police killing of George Floyd, JPMorgan announced a commitment of $1.75 billion toward programs they said would help address racial inequalities. But since then, as protests have remained constant in some urban centers, there has been a push for banks to do more

According to a recent study that Golding co-authored, African Americans on average pay higher mortgage interest payments, insurance premiums and property taxes than white families, adding an average of $67,320 to their homeownership costs. The study said Black families are disadvantaged by a risk-based pricing system, which charges higher mortgage rates for lower down payments and credit scores. Golding called for a system that would pool risk among borrowers.
It’s not enough to make borrowing easier. Paying it back needs to be manageable, too.

Trump’s policies on taxes, regulations and jobs have been putting Americans — and minorities in particular — back to work in spectacular fashion, with substantial a real-world rise in wages.

THAT is how you help people become homeowners, that and building a solid base of financial literacy. Helping people acquire debt they cannot hope to repay is no help at all.

Sowell himself pointed out that statistically, interest rates are a direct function of risk factors. If you really want to make the world a better place, address those risk factors. Help with employment (or self-employment), and make sure every American has a solid grounding in financial literacy.

But no. They’d much rather push a woke handout (do you prefer the word ‘bribe’) to a Marxist activist group that could make life for their bank a living hell if they didn’t.

https://clashdaily.com/2020/10/get-woke-go-broke-racial-politics-dives-jp-morgan-chase-to-repeat-a-massive-historical-mistake/

....The study said Black families are disadvantaged by a risk-based pricing system, which charges higher mortgage rates for lower down payments and credit scores. Golding called for a system that would pool risk among borrowers.

Making responsible people pay for irresponsible people. Pool risk. Same thing they did with Obama care, forcing policies that include things some people don’t want or need, to pay for others.


4,701 posted on 10/10/2020 10:04:16 AM PDT by Rusty0604 (2020 four more years!)
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