Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
In what could be a repeat of the easy-lending cycle that led to the housing crisis, the Justice Department has asked several banks to relax their mortgage underwriting standards and approve loans for minorities with poor credit as part of a new crackdown on alleged discrimination, according to court documents reviewed by IBD.
I believe it is doing the same thing over and over again and expecting different results.
Ironically, the system they rail against is by definition a colorblind system. “Capitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it.” Thomas Sowell
I believe it is doing the same thing over and over again and expecting different results.
Ironically, the system they rail against is by definition a colorblind system. “Capitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it.” Thomas Sowell
Speaking of Mr. Sowell, he covered this topic very well in Applied Economics. I highly suggest people read that book!
I know what it "implies"..It's just a provocative word used in a title to get righties drooling. It worked.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.