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This link recently saved by racialicious on August 19, 2011
"According to research by the Center for Responsible Lending (CRL), dealer markups will cause Americans who bought cars in 2009 to pay an extra $25.8 billion over the lives of their loans. Earlier research by the National Consumer Law Center (NCLC) estimated that more than 54 percent of African Americans are charged dealer kickbacks, compared to only 31 percent for white customers – even after accounting for differences in credit risk. The extra cost to a buyer was significant too: NCLC found that in Washington, D.C., the same transaction that would cost White customers $255; but Black consumers, $857."
This link recently saved by racialicious on May 08, 2009
"In order to assess explicit prejudice toward Jews, we directly asked respondents “How much to blame were the Jews for the financial crisis?” with responses falling under five categories: a great deal, a lot, a moderate amount, a little, not at all. Among non-Jewish respondents, a strikingly high 24.6 percent of Americans blamed “the Jews” a moderate amount or more, and 38.4 percent attributed at least some level of blame to the group. "
This link recently saved by racialicious on September 23, 2008
"Summary: On September 18, Fox News' Neil Cavuto conflated giving home mortgages to minorities with risky lending practices, suggesting that there should have been "a clarion call that said, 'Fannie and Freddie are a disaster. Loaning to minorities and risky folks is a disaster.' "
This link recently saved by racialicious on September 09, 2008
"Dodd has said he is troubled about the plan. "First of all, I want to know the motivations for it," he says. "We passed a major, landmark piece of housing legislation about a month ago, in which was included newly sought authority by the secretary of the Treasury to possibly take equity positions within Fannie Mae and Freddie Mac — with a quick assurance by the secretary of the Treasury that that authority would never be used — but now, getting a far more aggressive action taken by the Treasury. So I clearly have a question: What transpired? The second question I have is: What [effect does this] have on home mortgages, on homeowners? Thirdly, what happens to taxpayers?"
This link recently saved by racialicious on June 22, 2008
This link recently saved by racialicious on June 04, 2007