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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (423668)10/8/2008 1:09:44 PM
From: Brumar89  Read Replies (2) of 1573096
 
Kneejerk racism accusation noted. Before the election you'll make many more. Any criticism of Obama will be branded racist. McCain-Palin trying to win is racist.

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90% is too high, but it might be a majority of such loans are to whites. That doesn't matter, alleged "racial inequities" in credit is what the CRA is all about and is what drove the erosion in loan standards.

Lowering loan standards to make more loans to minorities means more loans for everyone with low credit ratings.
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