This isn't about race...surely

[Dr.Dudd]

Re: This isn't about race...surely

Information is not necessarily education.

The blacks were not placed in these unaffordable loans because of any political coercion.

<span style="font-size: 11pt"> They were done so to stave off eminent market crash at the time.</span>

The US economy was imploding since the silicon valley crash.

It never recovered, in reality, it was only functioning because they found new market for all the debts.

that market was the previously ignored blacks. the problem was the market was too biased. They couldn't simply sell the houses at their normal prices.

they decide to double and treble the prices.
Being the racists they are.

Otherwise the blacks could have afforded them.

We need to read a little economics. we really need to . <div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: SuSumba</div><div class="ubbcode-body">aren't we the same people who said it was racist because previously the banks allowed poor blacks to get into mortgages they could ill afford and now have been foreclosed? </div></div>

[Blackstar*]

Re: This isn't about race...surely

There are actually two things going on with lending practices in the US:
- pushing bad loans on poor black applicants (as discussed in the post Kia linked to)
- lending to black applicants at higher interest rates than white applicants at identical levels of income (see below)

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"><span style="font-style: italic">Home buyers in predominantly black and Hispanic neighborhoods in New York City were more likely to get their mortgages last year from a subprime lender than home buyers in white neighborhoods with similar income levels, according to a new analysis of home loan data by researchers at New York University.

The analysis, by N.Y.U.’s Furman Center for Real Estate and Urban Policy, illustrates stark racial differences between the New York City neighborhoods where subprime mortgages — which can come with higher interest rates, fees and penalties — were common and those where they were rare. The 10 neighborhoods with the highest rates of mortgages from subprime lenders had black and Hispanic majorities, and the 10 areas with the lowest rates were mainly non-Hispanic white.

The analysis showed that even when median income levels were comparable, home buyers in minority neighborhoods were more likely to get a loan from a subprime lender.

For borrowers earning $150,000 to $250,000, the rate of subprime loans was 20 percent for whites, 50 percent for Hispanics and 62 percent for blacks.</span>

Source </div></div>
I'm not sure what is contradictory in denouncing both practices as racist.

[Dr.Dudd]

Re: This isn't about race...surely

Spots have a record of defending racism by proposing that it does not exist in the usual ways,probably doesn't exist any where in real life.
If he/she ever admit it exist, I suppose it may be only in the imagination of those claiming it does.

I just hope he/she never experienced it.

I saw a case of a white American complaining about racism in Cambodia, because he is called a colonial name meaning stranger.

he was so incensed.
I wonder how he would feel if they decide to burn cross on his lawn and stop and search him on a whim, r for entertainment??<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: BlackStar</div><div class="ubbcode-body">There are actually two things going on with lending practices in the US:
- pushing bad loans on poor black applicants (as discussed in the post Kia linked to)
- lending to black applicants at higher interest rates than white applicants at identical levels of income (see below)

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"><span style="font-style: italic">Home buyers in predominantly black and Hispanic neighborhoods in New York City were more likely to get their mortgages last year from a subprime lender than home buyers in white neighborhoods with similar income levels, according to a new analysis of home loan data by researchers at New York University.

The analysis, by N.Y.U.’s Furman Center for Real Estate and Urban Policy, illustrates stark racial differences between the New York City neighborhoods where subprime mortgages — which can come with higher interest rates, fees and penalties — were common and those where they were rare. The 10 neighborhoods with the highest rates of mortgages from subprime lenders had black and Hispanic majorities, and the 10 areas with the lowest rates were mainly non-Hispanic white.

The analysis showed that even when median income levels were comparable, home buyers in minority neighborhoods were more likely to get a loan from a subprime lender.

For borrowers earning $150,000 to $250,000, the rate of subprime loans was 20 percent for whites, 50 percent for Hispanics and 62 percent for blacks.</span>

Source </div></div>
I'm not sure what is contradictory in denouncing both practices as racist. </div></div>

[Dr.Dudd]

Re: This isn't about race...surely

Sorry, next time I will give credit wher it is due. <div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Nylah</div><div class="ubbcode-body">
This phrase is copyrighted you know

Please do not forget to remit your annual licensing fees for your usage.

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body"><span style="font-weight: bold">You can'tse the forest for the trees. </span>

It was and still is racist.

The white man know why he didn't make economics real economics or sociology mandatory in education.

People should too easily find the source of the world problems and when they solve it they white man would lose stranglehold.
educate them just enough to serve the cause. <div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: SuSumba</div><div class="ubbcode-body">aren't we the same people who said it was racist because previously the banks allowed poor blacks to get into mortgages they could ill afford and now have been foreclosed? </div></div> </div></div> </div></div>

[Fyah]

Re: This isn't about race...surely

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body">Spots have a record of defending racism by proposing that it does not exist in the usual ways,probably doesn't exist any where in real life.
If he/she ever admit it exist, I suppose it may be only in the imagination of those claiming it does.

I just hope he/she never experienced it.

I saw a case of a white American complaining about racism in Cambodia, because he is called a colonial name meaning stranger.

he was so incensed.
I wonder how he would feel if they decide to burn cross on his lawn and stop and search him on a whim, r for entertainment??[quote=BlackStar]There are actually two things going on with lending practices in the US:
- pushing bad loans on poor black applicants (as discussed in the post Kia linked to)
- lending to black applicants at higher interest rates than white applicants at identical levels of income (see below)

[quote][i]Home buyers in predominantly black and Hispanic neighborhoods in New York City were more likely to get their mortgages last year from a subprime lender than home buyers in white neighborhoods with similar income levels, according to a new analysis of home loan data by researchers at New York University.

</div></div>

Are you kidding me?

You cannot be serious. Did you really not get the sarcasm in my subject.

Actually, the point I THOUGHT SMART PEOPLE WOULD PICK UP is, we ON THIS BOARD, tend to harp on about how there is no/much mitigated racism in situations where it is obvious so much so that it has to have a reverse psychological entry for people to even consider the possibilities.

YOU of all posters should have gotten that but ohh well.


**Shrug**

[Fyah]

Re: This isn't about race...surely

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: BlackStar</div><div class="ubbcode-body">There are actually two things going on with lending practices in the US:
- pushing bad loans on poor black applicants (as discussed in the post Kia linked to)
- lending to black applicants at higher interest rates than white applicants at identical levels of income (see below)

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"><span style="font-style: italic">Home buyers in predominantly black and Hispanic neighborhoods in New York City were more likely to get their mortgages last year from a subprime lender than home buyers in white neighborhoods with similar income levels, according to a new analysis of home loan data by researchers at New York University.

The analysis, by N.Y.U.’s Furman Center for Real Estate and Urban Policy, illustrates stark racial differences between the New York City neighborhoods where subprime mortgages — which can come with higher interest rates, fees and penalties — were common and those where they were rare. The 10 neighborhoods with the highest rates of mortgages from subprime lenders had black and Hispanic majorities, and the 10 areas with the lowest rates were mainly non-Hispanic white.

The analysis showed that even when median income levels were comparable, home buyers in minority neighborhoods were more likely to get a loan from a subprime lender.

For borrowers earning $150,000 to $250,000, the rate of subprime loans was 20 percent for whites, 50 percent for Hispanics and 62 percent for blacks.</span>

Source </div></div>
I'm not sure what is contradictory in denouncing both practices as racist. </div></div>

For some reason I think you've caught my drift...but now I am just being cautious. Did you get the point from my subject? Especially, the fact that I added...<span style="font-weight: bold">surely</span>.

[Gen]

Re: This isn't about race...surely

is only 2 people on this board where sarcasm constantly fly ovah dem head


wondah if the 2 of dem in this chread

[Hugo]

Re: This isn't about race...surely

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: SPOTS</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body">Spots have a record of defending racism by proposing that it does not exist in the usual ways,probably doesn't exist any where in real life.
If he/she ever admit it exist, I suppose it may be only in the imagination of those claiming it does.

I just hope he/she never experienced it.

I saw a case of a white American complaining about racism in Cambodia, because he is called a colonial name meaning stranger.

he was so incensed.
I wonder how he would feel if they decide to burn cross on his lawn and stop and search him on a whim, r for entertainment??[quote=BlackStar]There are actually two things going on with lending practices in the US:
- pushing bad loans on poor black applicants (as discussed in the post Kia linked to)
- lending to black applicants at higher interest rates than white applicants at identical levels of income (see below)

[quote][i]Home buyers in predominantly black and Hispanic neighborhoods in New York City were more likely to get their mortgages last year from a subprime lender than home buyers in white neighborhoods with similar income levels, according to a new analysis of home loan data by researchers at New York University.

</div></div>

Are you kidding me?

You cannot be serious. Did you really not get the sarcasm in my subject.

Actually, the point I THOUGHT SMART PEOPLE WOULD PICK UP is, we ON THIS BOARD, tend to harp on about how there is no/much mitigated racism in situations where it is obvious so much so that it has to have a reverse psychological entry for people to even consider the possibilities.

YOU of all posters should have gotten that but ohh well.


**Shrug** </div></div>

Shrug back at you. How rude of you to insult the board like this.

[Fyah]

Re: This isn't about race...surely

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gen</div><div class="ubbcode-body">is only 2 people on this board where sarcasm constantly fly ovah dem head


wondah if the 2 of dem in this chread </div></div>

I think so but based on recent outbursts, I think they are one in the same.

[Hugo]

Re: This isn't about race...surely

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body">Spots have a record of defending racism by proposing that it does not exist in the usual ways,probably doesn't exist any where in real life.
If he/she ever admit it exist, I suppose it may be only in the imagination of those claiming it does.

I just hope he/she never experienced it.

I saw a case of a white American complaining about racism in Cambodia, because he is called a colonial name meaning stranger.

he was so incensed.
I wonder how he would feel if they decide to burn cross on his lawn and stop and search him on a whim, r for entertainment??<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: BlackStar</div><div class="ubbcode-body">There are actually two things going on with lending practices in the US:
- pushing bad loans on poor black applicants (as discussed in the post Kia linked to)
- lending to black applicants at higher interest rates than white applicants at identical levels of income (see below)

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"><span style="font-style: italic">Home buyers in predominantly black and Hispanic neighborhoods in New York City were more likely to get their mortgages last year from a subprime lender than home buyers in white neighborhoods with similar income levels, according to a new analysis of home loan data by researchers at New York University.

The analysis, by N.Y.U.’s Furman Center for Real Estate and Urban Policy, illustrates stark racial differences between the New York City neighborhoods where subprime mortgages — which can come with higher interest rates, fees and penalties — were common and those where they were rare. The 10 neighborhoods with the highest rates of mortgages from subprime lenders had black and Hispanic majorities, and the 10 areas with the lowest rates were mainly non-Hispanic white.

The analysis showed that even when median income levels were comparable, home buyers in minority neighborhoods were more likely to get a loan from a subprime lender.

For borrowers earning $150,000 to $250,000, the rate of subprime loans was 20 percent for whites, 50 percent for Hispanics and 62 percent for blacks.</span>

Source </div></div>
I'm not sure what is contradictory in denouncing both practices as racist. </div></div> </div></div>

Notice it too Dr. Dudd?

She hasn't answered yet is she is black or white, although truth is blind to colour.

[Fyah]

Re: This isn't about race...surely

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Baker Street</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: SPOTS</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body">Spots have a record of defending racism by proposing that it does not exist in the usual ways,probably doesn't exist any where in real life.
If he/she ever admit it exist, I suppose it may be only in the imagination of those claiming it does.

I just hope he/she never experienced it.

I saw a case of a white American complaining about racism in Cambodia, because he is called a colonial name meaning stranger.

he was so incensed.
I wonder how he would feel if they decide to burn cross on his lawn and stop and search him on a whim, r for entertainment??[quote=BlackStar]There are actually two things going on with lending practices in the US:
- pushing bad loans on poor black applicants (as discussed in the post Kia linked to)
- lending to black applicants at higher interest rates than white applicants at identical levels of income (see below)

[quote][i]Home buyers in predominantly black and Hispanic neighborhoods in New York City were more likely to get their mortgages last year from a subprime lender than home buyers in white neighborhoods with similar income levels, according to a new analysis of home loan data by researchers at New York University.

</div></div>

Are you kidding me?

You cannot be serious. Did you really not get the sarcasm in my subject.

Actually, the point I THOUGHT SMART PEOPLE WOULD PICK UP is, we ON THIS BOARD, tend to harp on about how there is no/much mitigated racism in situations where it is obvious so much so that it has to have a reverse psychological entry for people to even consider the possibilities.

YOU of all posters should have gotten that but ohh well.


**Shrug** </div></div>

Shrug back at you. How rude of you to insult the board like this. </div></div>

[Hugo]

Re: This isn't about race...surely

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: SPOTS</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Baker Street</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: SPOTS</div><div class="ubbcode-body">[quote=Dr.Dudd]Spots have a record of defending racism by proposing that it does not exist in the usual ways,probably doesn't exist any where in real life.
If he/she ever admit it exist, I suppose it may be only in the imagination of those claiming it does.

I just hope he/she never experienced it.

I saw a case of a white American complaining about racism in Cambodia, because he is called a colonial name meaning stranger.

he was so incensed.
I wonder how he would feel if they decide to burn cross on his lawn and stop and search him on a whim, r for entertainment??[quote=BlackStar]There are actually two things going on with lending practices in the US:
- pushing bad loans on poor black applicants (as discussed in the post Kia linked to)
- lending to black applicants at higher interest rates than white applicants at identical levels of income (see below)

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">[i]Home buyers in predominantly black and Hispanic neighborhoods in New York City were more likely to get their mortgages last year from a subprime lender than home buyers in white neighborhoods with similar income levels, according to a new analysis of home loan data by researchers at New York University.

</div></div>

Are you kidding me?

You cannot be serious. Did you really not get the sarcasm in my subject.

Actually, the point I THOUGHT SMART PEOPLE WOULD PICK UP is, we ON THIS BOARD, tend to harp on about how there is no/much mitigated racism in situations where it is obvious so much so that it has to have a reverse psychological entry for people to even consider the possibilities.

YOU of all posters should have gotten that but ohh well.


**Shrug** </div></div>

Shrug back at you. How rude of you to insult the board like this. </div></div>



</div></div>

This is expected of you. Are you black or white?

[Fyah]

Re: This isn't about race...surely

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Baker Street</div><div class="ubbcode-body">
This is expected of you. Are you black or white? </div></div>

You go first.

Are You Hombre, Mujer o Hombre y Mujer? Blanco, Negro o Blanco y Negro?

[Hugo]

Re: This isn't about race...surely

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: SPOTS</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Baker Street</div><div class="ubbcode-body">
This is expected of you. Are you black or white? </div></div>

You go first.

Are You Hombre, Mujer o Hombre y Mujer? Blanco, Negro o Blanco y Negro? </div></div>

Black and proud of it, can relate to black issues.

[Dr.Dudd]

Re: This isn't about race...surely

What can I say??

i just got caught for what I am,.... Not very bright.


OK sorry it was over my head. when intelligent people like you post, you have to realize that near imbeciles like myself may misunderstand the gist of your post..


i am more than a little slow. <div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: SPOTS</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Baker Street</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: SPOTS</div><div class="ubbcode-body">[quote=Dr.Dudd]Spots have a record of defending racism by proposing that it does not exist in the usual ways,probably doesn't exist any where in real life.
If he/she ever admit it exist, I suppose it may be only in the imagination of those claiming it does.

I just hope he/she never experienced it.

I saw a case of a white American complaining about racism in Cambodia, because he is called a colonial name meaning stranger.

he was so incensed.
I wonder how he would feel if they decide to burn cross on his lawn and stop and search him on a whim, r for entertainment??[quote=BlackStar]There are actually two things going on with lending practices in the US:
- pushing bad loans on poor black applicants (as discussed in the post Kia linked to)
- lending to black applicants at higher interest rates than white applicants at identical levels of income (see below)

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">[i]Home buyers in predominantly black and Hispanic neighborhoods in New York City were more likely to get their mortgages last year from a subprime lender than home buyers in white neighborhoods with similar income levels, according to a new analysis of home loan data by researchers at New York University.

</div></div>

Are you kidding me?

You cannot be serious. Did you really not get the sarcasm in my subject.

Actually, the point I THOUGHT SMART PEOPLE WOULD PICK UP is, we ON THIS BOARD, tend to harp on about how there is no/much mitigated racism in situations where it is obvious so much so that it has to have a reverse psychological entry for people to even consider the possibilities.

YOU of all posters should have gotten that but oh well.


**Shrug** </div></div>

Shrug back at you. How rude of you to insult the board like this. </div></div>



</div></div>