“Independent mortgage funds weren’t subject to CRA”

yep

Called it

What about them?

“In 2015, Federal Reserve Board economists Neil Bhutta and Daniel Ringo released a summary of available studies on both sides of the debate. They found that any impact of the CRA on risk was mitigated by the extraordinarily small market share that CRA eligible loans held in comparison with non-CRA eligible mortgage lending”

Yep

Basically

It is highly misleading to claim that just because mortgage companies were not technically under the CRA that they were not required by regulators to meet similar tests. In fact, regulators threatened that if the mortgage companies didn't step up to the plate by relaxing lending standards they would be brought under the CRA umbrella and required to do so.

What's more, many smaller mortage service companies hoped to be acquired by larger banks. Increasing their CRA lending made them more attractive for a take over.

the Clintons threatened to subject the mortgage companies to the CRA if they didn't comply voluntarily. They agreed to increase their CRA lending in order to escape the kind of public scrutiny that comes with official CRA regulated status.

I gtg

Sorry

Pce

In short there may have been less loans subject to CRA

But CRA type loans were made more due to the threat of regulation, trying to look good to be acquired by a bank

Which is what the 2009 report mises

@Anon365 Publically owned own companies mined diamonds through state corporations and they chose to use DeBeers as their distributor.

It’s more of a cartel than a monopoly

Cartels really do exist due to state intervention

for example, the FED

They had a monopoly before South Africas independence

Lol why does white guilt exist?

If you removed all the whites from history you would get African tribes.

In 2019 we would have the tech of 1000.

So thank white people that were not tribes anymore.

@Anon365 It wasn't only SA

the mines were publically owned

aka state owned

https://gab.com/TheAwakenedSaxon/posts/45381203

@Shadowstitcher11 'White' guilt exists because people denounce atrocities committed by 'whites' and feel responsibly for it. Personally I don't think people should feel bad for things that their ancestors did but many individuals identify with their ethnicity are defined by it, those people are lame. Saying that "In 2019 we would have the tech of 1000." If 'whites' didn't exist is genuinely the funniest thing I've heard all week and you saying that reveals your ignorance regarding history

@Shadowstitcher11, You're the type of guy that puts 10+ hours into Hearts of Iron 4 or Crusader Kings 2 and thinks that they're are some sort of historian

"If I was the leader of germany, they would've won"

"I wouldve invaded Poland faster than Hitler ever could"

@Toro What about black guilt?

Also I have 100+ hours of Hearts Of Iron 4 gameplay

Because I like the game

Also I could do both of those things

Also no HOI4 does not teach you alot about history

But im not wrong in any way

If whites did not exist than we would be 1000 years behind techonology

Look at all the white inventions than remove them

White guilt isn’t so much a problem as the lasting economic and social effects of discrimination in past eras. However, feeling guilt based on your race alone makes no sense; helping victims is far more important than trying to atone for the sins of some ancestor you never knew.

Yeah.