Holder Launches Witch Hunt Against Biased Banks (economic, money, guns)

[nightflight]

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.

Holder Launches Witch Hunt Against Biased Banks - Investors.com

Ah, the very thing that brought on the housing crisis. What's the definition of insanity again?

[tropolis]

mods, delete thread. topic has already been posted.

[rw47]

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

[shorebaby]

Truly nutty, they haven't learned a thing.

[maja]

Originally Posted by SamBarrow

I believe it is doing the same thing over and over again and expecting different results.

Yep. The definition of insanity.

[parfleche]

Well some minorities simply dont have the cash to purchase the amount of guns he is selling and should be able to borrow the money.

[jon1987]

Originally Posted by SamBarrow

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!

[Frozenyo]

"Witch Hunt Against Biased Banks"

Let that sink in for a moment.

So, DOJ shouldn't target "biased banks"? Intersting..LOL

[rw47]

Originally Posted by Frozenyo

"Witch Hunt Against Biased Banks"

Let that sink in for a moment.

So, DOJ shouldn't target "biased banks"? Intersting..LOL

Do you know what the phrase "witch hunt" implies?

[Frozenyo]

Originally Posted by SamBarrow

Do you know what the phrase "witch hunt" implies?

I know what it "implies"..It's just a provocative word used in a title to get righties drooling. It worked.