Block, Siteadmin, SkipCaptcha, Upload, Automoderated users, delete, edit, move, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, protect, rollback, Administrators, template
293,594
edits
Changes
Jump to navigation
Jump to search
Line 100:
Line 100: + + +
→Redlining
And then Congress got involved — local elected officials, as well — and said, ‘Oh that’s not fair, these people should be able to get credit.’ And once you started pushing in that direction, banks started making more and more loans where the credit of the person buying the house wasn’t as good as you would like.”<ref>https://www.pbs.org/newshour/politics/bloomberg-once-blamed-end-of-redlining-for-2008-economic-collapse</ref>}}
And then Congress got involved — local elected officials, as well — and said, ‘Oh that’s not fair, these people should be able to get credit.’ And once you started pushing in that direction, banks started making more and more loans where the credit of the person buying the house wasn’t as good as you would like.”<ref>https://www.pbs.org/newshour/politics/bloomberg-once-blamed-end-of-redlining-for-2008-economic-collapse</ref>}}
[[Elizabeth Warren]] commented on Bloomberg entrance into the Democrat field,<ref>https://twitter.com/ewarren/status/1227988366643339265</ref>
{{quotebox|"I'm surprised that someone running for the Democratic nomination thinks the economy would be better off if we just let banks be more overtly racist. We need to confront the shameful legacy of discrimination, not lie about it like Mike Bloomberg has done.<ref>https://t.co/Lzavpie7Iy?amp=1</ref>}}
===Minority contractors===
===Minority contractors===