“...the biggest economic meltdown in the history of the country.”
Until this next one.
The definition of insanity.
“Allegations”
Was any actual “redlining” going on, or are they just launching an new initiative to combat something that probably isn’t currently an issue?
my guess is, this is 100% bullcrap. If it were true, someone with perfect credit would be denied a loan in those areas. I doubt that was happening.
FAR more likely... the vast majority of people in that area who apply for loans don’t have the credit to approve.
The local Indianapolis red star has been peppering stories about local banks like this for weeks.
Should’ve realized this was narrative for a shake down of the banks.
Doesn’t seem like a viable business model.
Considering what BLM has done in black communities these last few I would say that “redlining” can simply represent being prudent.
If radicals never burned black communities, or were shot during their rampages by their neighbors as should happen, that would not be true.
The same line of reasoning should prevent investment or loans in white towns where rioters act up but are tolerated and even protected too.
That’s because it isn’t about race, it’s about thinking you might not get a return on your investment.
Relax, this only temporary. The long-term plan is to remove single family houses and get people packed into high-rise apartments, where they can be served by public transit and no longer need cars. At that point, almost all of the 30% or so of the country that is occupied by housing can be restored to its original, pristine, state.
And I hope you RINO-haters look forward to this, since every November election you sit out brings us closer to this end-game.
The "Just Us" department will ignore the criminal statistics and focus on the demographics of the persons living in the area. Ignoring crime stats lets them pretend racism is the motivation for the redlining.
Democrat thugs plan to destroy the suburbs.
Only the beginning...
The DOJ can’t even protect their officers in Memphis. What are they doing making policy for those that have to deal with the troglodytes that live in Memphis?