BLOOMBERG: REDLINING IS RATIONAL

Bloomberg once blamed end of ‘redlining’ for 2008 economic collapse
WASHINGTON (AP) — At the height of the 2008 economic collapse, then-New York Mayor Michael Bloomberg said the elimination of a discriminatory housing practice known as “redlining” was responsible for instigating the meltdown.

“It all started back when there was a lot of pressure on banks to make loans to everyone,” Bloomberg said at a forum that was hosted by Georgetown University in September 2008. “Redlining, if you remember, was the term where banks took whole neighborhoods and said, ‘People in these neighborhoods are poor, they’re not going to be able to pay off their mortgages, tell your salesmen don’t go into those areas.'” https://www.pbs.org/newshour/politics...

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Brian (Waterhead Bo) Bennett

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Kenyans had the highest number of casualties and are not named. Ethiopians are not named. Egyptians are the only Africans named.

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Montana Malik Baronette

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Why The 'Race Card' Is Played

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