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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Brumar89 who wrote (410442)8/26/2008 9:47:30 PM
From: tejek  Read Replies (1) | Respond to of 1575781
 
However, in the ghetto and barrio of LA, there was no close by alternative until the last few years. Consequently, poor people were paying exorbitant prices for lousy food.

Thats because of the crime.


It was because they were redlined.

Many Koreans were fortunate to have money coming from Korea to help them with opening their shops. Blacks and Latinos didn't have that foreign financial support.

If they had a lot of financial support, they wouldn't locate in slums. The reason they go there is the real estate is cheap ... because of the crime.


Nowhere in LA is land cheap. It may have been in more prime neighborhoods but it wasn't cheap.

I saw how the Koreans treated me as well as the blacks. I saw the prices they charged for their foodstuffs. Unlike many blacks and Latinos, I had the mobility to shop at the larger supermarkets........I saw the price gouging first hand.

All a function of crime. When a lot of customers steal, shop owners watch the customers closely. When theft loss is high, people make it up with higher prices.


If owners are watching "their customers closely", how can theft loss be high?