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For minorities, pain is severe decade after housing peaked
AP ^ | 20 June 2016 | Josh Boak

Posted on 06/22/2016 8:31:18 PM PDT by Lorianne

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1 posted on 06/22/2016 8:31:19 PM PDT by Lorianne
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To: Lorianne

Please inform all your friendly minorities it’s about to happen again.


2 posted on 06/22/2016 8:32:54 PM PDT by 867V309 (It's over. It's over now.)
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It is mean to make women and minorities do stuff like pay mortgages


3 posted on 06/22/2016 8:32:56 PM PDT by dsrtsage (One half of all people have below average IQ. In the US the number is 54%)
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To: Lorianne

yeah if you don’t make your payments, they take their stuff back. Yep.


4 posted on 06/22/2016 8:33:59 PM PDT by ghosthost
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To: Lorianne
The path to hell is paved with good intentions.

Dogooder liberals invited minorities to the bottom of the pyramid, i.e. the absolute worst place to be when it collapsed.

Do you think the minority community will ever 'thank' their liberal handlers for the privilege of being squashed?

5 posted on 06/22/2016 8:41:44 PM PDT by who_would_fardels_bear
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To: Lorianne

Hmmmm....Breathing into a mirror for a loan didn’t seem to help them in the long run...Maybe that was too harsh of test for owning a home.....id give free homes to all those that cant fog a mirror...../s


6 posted on 06/22/2016 8:42:53 PM PDT by M-cubed
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To: Lorianne

Well, I just don’t understand. Obama has had 7 1/2 years to fix all this; do you mean to tell me that he has left a minority person sucking hind tit? I’m sure he’ll be out next week to punish white people for this oversight!


7 posted on 06/22/2016 8:43:01 PM PDT by Rembrandt (Part of the 51% who pay Federal taxes)
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To: Lorianne

Breaking news: Sun rises and water is wet. Minorities and women hardest hit.


8 posted on 06/22/2016 8:44:45 PM PDT by stuck_in_new_orleans
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To: Lorianne
A disproportionate number of minorities succumbed to subprime mortgages and foreclosures and lost their homes

The Clinton admin set out to help more minorities get houses, and this was the result.

9 posted on 06/22/2016 8:46:04 PM PDT by Cementjungle
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To: ghosthost

Particularly hard hit was the $14,000 a year strawberry picker who purchased a $720,000 home in Bakersfield. Obama buddy, Franklin Raines, left Fannie Mae with a $19 million severance package. To quote Jeff Neely, former Head of GSA, “I know I’m bad, but as Deb and I often say, why not enjoy it while we have it and while we can. Ain’t gonna last forever.”


10 posted on 06/22/2016 8:48:27 PM PDT by Vehmgericht
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To: Lorianne

Another minorities and women hit the hardest piece.

Bonk controls are there for a reason. Take them away and you see why they are needed.


11 posted on 06/22/2016 9:08:16 PM PDT by cicero2k
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To: Lorianne

The left continues to USE minorities as pawns.
First, giving them something for nothing.
Next, blame evil conservatives when reality hits.


12 posted on 06/22/2016 9:16:17 PM PDT by G Larry (Avoiding the Truth-Hillary's only expertise)
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To: G Larry; Lorianne

“”The left continues to USE minorities as pawns””.

You got it Larry. Here is audio of Bush in a speech a few years prior to the housing implosion, demanding homes loans for totally unqualified minorities.

https://www.youtube.com/watch?v=GkAtUq0OJ68


13 posted on 06/22/2016 9:23:54 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: stuck_in_new_orleans

Don’t forget the chilruns, they be gettin hardest hit too.


14 posted on 06/22/2016 9:31:07 PM PDT by Newtoidaho (Sprinkles are for winners.)
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To: Cementjungle

The Clinton administration literally forced banks to make loans to risky minority buyers. It was a lot more than just *help*.

More along the lines of extortion.


15 posted on 06/22/2016 10:53:44 PM PDT by jazminerose (oective)
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To: jazminerose
The Clinton administration literally forced banks to make loans to risky minority buyers.

But on the positive side, they were able to bundle those mortgages and sell them as top rated. Ca-ching!

16 posted on 06/23/2016 12:01:35 AM PDT by Jeff Chandler (Everywhere is freaks and hairies Dykes and fairies, tell me where is sanity?)
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To: Cementjungle

The Clinton admin set out to help more minorities get houses, and this was the result.”

Yeah, the banks were required to make 20 percent of their loans to people who could count as their income their welfare checks.

The congressional black caucus ordained that so shall it be.

Unfortunately, not everyone should own a home and many would do better without owning.


17 posted on 06/23/2016 12:18:12 AM PDT by angry elephant (Endangered species in Seattle)
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To: Lorianne

If only there was a massive government program that forced banks to lend to these poor minorities...


18 posted on 06/23/2016 1:17:07 AM PDT by Organic Panic
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To: dsrtsage

That’s exactly right; look at the situation with Detroit’s unpaid water bills. Certain segments of our society have made it abundantly clear that they have no intention of ever paying for anything (or contributing anything but bastard children to be sacrificed in our urban “Hunger Games”).

As more and more whites fall out of the workforce, they are increasingly doing the same; now our political landscape is morphing from race-driven issues to battles between those paying taxes and those breeding without income. The latter demand the former pay for everything for their children, while many of the former rightfully see no point in that.


19 posted on 06/23/2016 3:57:51 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: Lorianne

Damn you whitey!


20 posted on 06/23/2016 3:59:13 AM PDT by Altura Ct.
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