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[Stuart D Gathman]

Wow.  So this Monday a new variation goes into effect forcing banks to make 
loans to people who can't afford them.  This time, borrowers with good
(>680) credit scores pay a 1.5% penalty to subsidize borrowers with poor credit
scores.  This fits the recent narrative that being on time is racist.
Being on time with payments is therefore punished with fines.

On Mon, 24 Apr 2023, Stuart D Gathman wrote:

> On Sat, 22 Apr 2023, Arturo Davila Andino wrote:
>
>>  Redlining was explicitly racist. No amount of correlation between race and
>>  income
>
> You didn't notice the "on the other hand".  I was talking about the
> "redress" to redlining under the Clinton administration.  For that
> matter, "Affirmative Action" effectively repealed the Civil Rights act.
>
>>       >  Federal Housing Administration in the mid-20th century to deny
>>        loans to
>>       >  people in certain areas, primarily Black neighborhoods. This
>>        practice helped
>>
>>        On the other hand, making loans to people who couldn't afford them
>>        led to the crash of the mortgage system.