Vivek Ramaswamy: Bank of America offers no-down-payment loans for Black and Hispanic communities

Source: https://citizenwatchreport.com/vivek-ramaswamy-bank-of-america-offers-no-down-payment-loans-for-black-and-hispanic-communities-sparking-concerns-of-future-accusations/
Published: Dec 28, 2023
Author: Staff
Post Date: 2023-12-28 10:26:03 by Horse
Views: 345

, sparking concerns of future accusations.

Poster Comment:

This could lead to another subprime type bailout for minorities. It will allow White and Jewish investors to dump a lot of bad real estate investments.

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#1: Darkwing    To: Horse (#0)

If B of A did it just for whites these slags would bitch. In the early 70's I tried to buy a home in DC area, they told me I earned $% a month to get a home

Darkwing posted on 2023-12-28 12:38:36   Reply   Private Reply

#2: TommyTheMadArtist    To: Horse (#0)

When there is a massive amount of defaults, what happens next?

First, you end up with houses that will likely be destroyed to the point to where they would have to be turned down. Second, you’ll have the tax payers on the hook for the bailout the banksters are going to get.

Then, you’ll have just as many blacks on the street, renting again because whitey cheated them out of their houses, while you have houses full of Hispanics living 8 to 20 in a house.

Thus driving more and more white flight.

Perhaps I don’t see a down side to this really, as it would mean that I could sell in a down market for a ridiculous price. I’m sorry, but I’m not seeing a down side here.

TommyTheMadArtist posted on 2023-12-28 15:48:41   Reply   Private Reply

#3: Horse    To: Esso, StraitGate, Lod, TommyTheMadArtist, Pinguinite, Dakmar, titorite, AllTheKings'HorsesWontDoIt, (#2)

Catherine Austin Fitts who was run out of DC for being too honest said, "The 2008 mortgage crisis could have been settled for less than $8 trillion. It wound up costing $27 trillion due to fraud.

Horse posted on 2023-12-28 16:32:37   Reply   Private Reply