http://www.nypost.com/seven/02052008...911.htm?page=0

"PERHAPS the greatest scandal of the mortgage crisis is that it is a direct result of an intentional loosening of underwriting standards - done in the name of ending discrimination, despite warnings that it could lead to wide-scale defaults."

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Don't Give Me a Defensive Player Who Can't Tackle . . . What Am I Going to Do With Him ? --- Bill Belichick

Racial flame war on!

Well of course... If it's from BF, it's anti-minority tinged in some way...

Period.

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... CBS, NBC, ABC, FOX, CNN, NYT.
"They have redefined General news."

You're having your period? Now I understand your behavior.

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Watch as this antagonistic post is ignored by the mods.

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... CBS, NBC, ABC, FOX, CNN, NYT.
"They have redefined General news."

So much for personal responsibility. Let's not blame the mortgage companies; let's blame the deregulation that allowed mortgage companies to act irresponsibly. We need more government oversight of lenders. When we loosen the strings to promote investment in poor areas, we need to keep an eye on the lending institutions that in fact have a short term interest in loans, even if those loans go belly up. Many investors did well thanks to the mortgage scandal and are only complaining now that their gains are being replaced by losses. Perhaps we should tax their earlier gains (that resulted from bad mortgages) in order to create a fund to help people manage their debt? Also, one wonders the percent of poor people who borrowed from responsible lenders who are successfully manage their mortgages. My gues is it's a reasonably high percent.

this article is very anti-minority tinged by the wall street journal...


DEADLY BUSINESS
Violence Roils Black Funeral Parlors
By GARY FIELDS
March 26, 2008; Page A1

CINCINNATI -- Clarence Glover has a surveillance camera in the chapel of his funeral home. Joseph Garr sometimes carries a revolver in his hearse. Carl Swann Jr. is contemplating leaving the business.

The three directors of black funeral parlors here have been assaulted at services and each has had gunshots fired during burials. Concealed-weapons, pre-funeral intelligence briefings, cameras, panic buttons and armed security guards are becoming as much a part of services as the eulogy.

"I've been in this business 42 years and I'm jittery now," Mr. Glover says.

Across the country, black morticians are changing the way they operate. The reason: a spike in African-American murders -- and the violence that sometimes follows victims to the grave. In an echo of more volatile parts of the world, such as Iraq and Afghanistan, African-American morticians report seeing an increase in violent behavior, and occasional killings, at funerals.


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It is what it is, isn't it. If mortgage companies have to reach into the inner cities, it becomes racial. That's not my fault. I want all races to be able to buy houses they can afford. But don't start calling me a racist simply for presenting an article that doesn't blame big business.

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Don't Give Me a Defensive Player Who Can't Tackle . . . What Am I Going to Do With Him ? --- Bill Belichick

Actually, I call you a racist because of your countless posts calling out blacks, and other minorities. In fact, it makes up seemingly over half of your post total in here. It's your body of work, certainly not your slant on this one post here. I believe PF1996 documented your most egregious offerings.

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Watch Patters completely ignore this.

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