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I Love White Amerikkka and She Loves Me

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LEFT_THA_COAST:
I have grown tired of John Walker aka Infinite rants and raves about his "oppressive" life here in Amerikkka. Here's an article that continues to show that Amerikkka will always be fucked up, but if you are pale-skinned, you will always have a better chance of "winning the game" and living a prosperous life, unlike if you are African and Hispanic. This is an "isolated incident", but the same case has been presented all over the country. Wise Up John Walker, no matter how bad you want to be an original man/Black man, you doin' okay being a Caucasian.

Racial disparity in loans studied
Study says gap grows in mortgage rejections

By CHRISTINE VAN DUSEN
Atlanta Journal-Constitution Staff Writer

African-Americans and Latinos in metro Atlanta were denied mortgage loans twice as often as white applicants in 2001.

That's a greater disparity than existed in 2000 and in 1996, according to a study released this week by ACORN, the Association of Community Organizations for Reform Now.

Overall, these minorities in Atlanta received a greater share of mortgage loans, and fewer were rejected, than in previous years.

"The denial rates actually have improved but improved much more for whites than for minorities, so the disparities have increased," said David Swanson, spokesman for ACORN. "Clearly lenders are making some effort to reach white borrowers and to reach upper-income neighborhoods that they are not making to reach lower-income and minority neighborhoods."

Metro Atlanta's minority populations have grown rapidly in recent years. One of every 10 people is Latino or Asian. And 29 percent of the people living in metro area are African-American, according to the most recent census figures.

Yet African-Americans and Latinos do not receive a proportional amount of mortgage loans, according to ACORN. The study did not include other minority groups.

African-Americans received 13 percent of all conventional mortgage loans in Atlanta in 2001, "significantly less than their ... share of the [metro] population," the study says.

Low- and moderate-income neighborhoods received about 13 percent of the conventional mortgages in 2001. Applicants from low-income neighborhoods were 3.2 times more likely to be denied, according to the study.

African-Americans and Latinos received more government-backed mortgages -- almost three times more than their share of conventional loans.

The study also found that upper-income African-Americans were denied about four times as often as whites in the same income category in 2001. Upper-income Latinos were denied twice as often. These trends largely mirrored those seen throughout the nation.

Mortgage bankers take issue with some of the findings presented by ACORN, a community organization that represents low- and moderate-income families. They say the study doesn't take into account those applications that don't specify a borrower's race.

Banks say they're still trying harder to reach out to minority borrowers. At Bank of America, for instance, about 27 percent of all its conventional home loans went to minorities in 2001, up slightly from 2000. And about 30 percent of the loans went to low- and moderate-income borrowers.

"Bank of America denied fewer home purchase loans to minority borrowers on a percentage basis in 2001 than in 2000," said Mary Welch, spokeswoman.

The lender also "received fewer applications for home purchase loans in 2001 than in 2000 from all consumer segments. Fewer applications mean fewer loans made," she said.

Applications by African-Americans, for example, dropped by 24 percent.

"We are not satisfied with the results ourselves," Welch said. "We are committed to improve in this area."

M Dogg™:
Very true. I was denied many student loans, and I'm in college trying to better myself. It's hard as a minority in this country. Many take it for granted, but once you've spent over 4 months looking for co-signers that can help you get appoved, only to be denied with even people with good credit, and you see white students who do get approve, you wonder. But as a minority, you do not think about that, you don't complain, you lead, and make a change.

King Tech Quadafi:
yo Left the Coast, when the fuck did Infinite claim to be oppressed? Perhaps you need to quit your regular bullshit rhetoric and you should smarten up....

your racist philosophy aint gettin u nowhere

instead of dissin fools how about u offer some wisdom?

that would be a sight to see

Woodrow:

--- Quote ---

instead of dissin fools how about u offer some wisdom?

that would be a sight to see
--- End quote ---


Did you read his full post?

He gave an article that offered lots of wisdom...

HBKid_Jr:
everyday i am thankful to be a white male in a america.  it may be fucked up how tha system is but imma try an capitalize on all tha advantages available to me cuz im white

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