Comments on: Lawsuit: Banks Steered Blacks To Bad Loans

NAACP Claims Wells Fargo, HSBC Gave Whites With Same Qualifications Lower Mortgage Rates

[louiville2]

louisville2,

Since when do blacks "choose to segregate themselves in high crime areas?" Are you volunteering to rescue some African-American urban residents by welcoming them to your neighborhood? With a burning cross perhaps? I know that's an unfair stereotype but I thought that might be the only way to communicate on your level.

Maybe if they didn't have to pay twice your interest rate they could afford to build a nice home right next to your broken down trailer with the broken down Chevy up on bricks( as long as were going for stereotypes).
Posted by mcliar at 12:34 PM

Are you talking to me? 25 years ago I lost a house when the economy collapsed because of some changes the government made.

I didn't whine and go running to mommy government like you all are doing/expecting. The town I lived in had 12% unemployment and 12% of the houses were vacant. I then became much wiser about my choices and moved, bought a new house that's paid for now. In other words I learned to live within my means, plan for the worst and take care of myself.

That's the lesson these people need to learn, not the call for mommy every time the going gets tough.

Had we not bailed out the banks 25 years ago we probably wouldn?t be in this mess.

BTW those who know me know that I'm about half native American and no one has discriminated against me and I live in a predominantly white neighborhood. I chose not to segregate myself.

[txlakeside]

Dumb as dirt people tend to be racist and easy to spot! Racist are easy to spot here! Whats funny is that they are so Chicken Sh@t that they never spew their hate in public as most normal, intelligent folks would knock them down! They have to hide online. Chicken Sh@ts and dumb as dirt!

[username555-2009]

So the loaners are too stupid to figure out that they can't afford that house with no job.
The banks are too immoral to bother to do a background check.
Now that the banks know that they will get bailed out, there is no reason for them to stop such irresponsible lending practices.

All the while, John and Mary Public, who have been keeping a job and faithfully paying their mortgage payments are going to have to carry both of these deadbeats on their back as well.
It's time we got a government that actually represents the commonfolk instead of paying lip service. CHANGE, my eye!

[bajajohn1]

The question is: Did they have a choice to place the mortgage with another lender? if so, and they signed the bad loan anyway, well, stupid is as stupid does or did two loan sharks grab these people by the arms, violently twisting them and forcing them to sign the document in blood?

[mjvwsr]

The Borgen Project (www.borgenproject.org) has some interesting insight into addressing the issues of global poverty, something we can remedy easily and sustainably.

Some interesting figures to ponder:
$30 billion USD: The annual shortfall to end global poverty.
$550 billion USD: The annual US defense budget.
Posted by sandman1108 at 12:38 PM : Mar 13, 2009

Let's fix our own house before we go global. Once we end poverty here, we can help those other folks. If we keep bringing in poverty level workers, the po' folks already here will never be able to get a decent job or education to get themselves out of poverty.
Posted by bubba027

how many trillions have we spent on Lyndon Johnson's War on Poverty (1964)?

[iDragon13]

You know exactly what my point is, McLiar. White, black, brown, blue, yellow...it makes no difference. The welfare mentality is the welfare mentality.

[bubba027]

don't care if you are white, black, asian, or purple.
Posted by bubba027
----------------------------------------------------
I am green.
You did not mention my kind.
You must be a racist!
Posted by TheMasses17 at 12:46 PM : Mar 13, 20

Got me. I think all green people ought to leave the country.

[bubba027]

The Borgen Project (www.borgenproject.org) has some interesting insight into addressing the issues of global poverty, something we can remedy easily and sustainably.

Some interesting figures to ponder:
$30 billion USD: The annual shortfall to end global poverty.
$550 billion USD: The annual US defense budget.
Posted by sandman1108 at 12:38 PM : Mar 13, 2009

Let's fix our own house before we go global. Once we end poverty here, we can help those other folks. If we keep bringing in poverty level workers, the po' folks already here will never be able to get a decent job or education to get themselves out of poverty.

[Mr_Mr2258]

Bottom line ,,, If Blacks are so STUPID to except such loans, then it's good enougt for them. Another case of Blacks wanting something for nothing.

[candy-apple]

"I was blown away," said Weaver, an NAACP member. "I didn't have any choice (but to sign). ... It made me feel violated."


Sure she did. It's called walk away from the deal. I don't believe that the son HAD to have that house!!!