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


To: i-node who wrote (533428)11/30/2009 3:14:48 PM
From: tejek  Read Replies (1) | Respond to of 1575036
 
they red lined whole neighborhoods because they didn't like dealing with poor people of color.

They "red lined" neighborhoods because the people in those neighborhoods couldn't or wouldn't repay their loans.


You frigging idiot.......they never found out whether the people in those neighborhoods could repay their loan or not because they never bothered to lend to them. Most of the homes were owned by slum landlords. The properties were sold from one slum landlord to the next. That was one of the reasons why those neighborhoods never saw price appreciation while slowly deteriorating.

Big fat white Rs living in their lily white suburbs didn't want to dirty their hands with such loans.

And in fact, when they were forced to STOP redlining those neighborhoods (by liberals) we got an economic crisis that you want to blame on the Rs.

No that was under GW Bush and it was caused by incompetence.

You're industry my ass. You can't uncloud your liberal hate speech long enough to "have" an industry.

Look, dude, I have forgotten more about real estate than you ever knew.