Quote:
Originally Posted by FMCoug
As we are seeing over the past few weeks, you don't have to be the bank to have to pay for the mess.
And you continue to race bait. I NEVER said anything about "black" areas. I said that private businesses should be able to choose areas to lend in or not based on real socioeconomic data. If those areas happen to be predominantly black, that is irrelevant.
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choose based on socioeconomic data, meaning hey, if the area has a lot of kids getting free lunch at school, no loans? Or if the data says that the zip code is only 5% white, no loans?
Is that what you are advocating? Do you think these banks exist in a vacuum, getting no benefit from the govt. and the fed?