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People borrowing money they don't have then not paying it off? Gee who'd have thought! The fact that the government wants half the people living paycheck to paycheck exacerbates the issue.
Most interesting part of the article. Thanks so much for exposing discrimination against Black farmers!:
"Minority farmers have maintained for decades that they have been unfairly denied farm loans and other government assistance.
The USDA in 1999 and 2010 settled lawsuits from Black farmers accusing the agency of discriminating against them.
Still, less than 2% of direct loans from the Trump administration in 2020 went to Black farmers. And some Black farmers have criticized Agriculture Secretary Tom Vilsack for failing to address a backlog of discrimination complaints and failing to hire minorities for high-level positions."
I agree with Crowder here...
https://twitter.com/JasonSCampbell/status/1371856007203336194?s=20
It's funny how the losers manipulate the narrative and say Crowder's piece is racist, yet he is clearly not a racist. He has black people on his show and they laugh and agree with the stuff he says. He exposes the truth and the Liberals can't handle it. Surprised he hasn't been cancelled for exposing liberals as the frauds they are, under the guise of "racism" like this thread entails.
Blacks have lower credit ratings because of poor repayment histories, lets not see racism around every corner, that's called paranoia...Would you loan someone money who had previously defaulted on a loan? I wouldn't...
The height of black privilege is being able to blaming white people for not giving you free money on racism, even with no proof.
racism is wrong wrote:
https://abcnews.go.com/US/wireStory/white-farmers-sue-seeking-government-loan-forgiveness-77397183?cid=clicksource_4380645_3_heads_hero_live_headlines_hed
Racism anywhere is a problem everywhere!
Bunch of paranoid whiners...
A quick google search says that less than 2% of farms in the US are black owned which would mean getting 2% of the loans isn't too bad
What about the class bias inherent in all the crying and weeping about student loan forgiveness?
if you owe 50-100k in student loan debt, and you're not making at least that much per year, you seriously screwed up. Not my fault. Go tell your boss how well educated you are and demand a raise.
People want to make money. If banks are not giving loans to certain folks, it's because they've assessed the risk and determined it would not be profitable. This is easy to prove because if true discrimination was happening, any bank that plaid fair would dominate financially. That hasn't happened.
This stuff takes like 30 seconds of thinking... Not sure why it comes up as often as it does.