But how do we know this was his intent? We don't. For all we know, it's about forcing banks to make loans to people who are NOT creditworthy. Just because Obama says he's doing it for one reason, doesn't mean he's not doing it for another.
I understand...but the case directly points to redlining practices.
I can’t see where it states that he’s simply suing on the basis they aren’t taking ON bad loans. I’m not a lawyer by the way...and I’m simply being a devil’s advocate. Obama could beat this with a simple ad. If you take it too far...he and his willing media would simply turn it around and make it look like WE support redlining practices/unequal treatment.
Like I said...politically speaking...this isn’t a smoking gun...and may be a piece of cheese their campaign wants us to bite.
is this the same bad race based loans made on the defective rigged study that insanely over estimated the problem.