Thursday, July 28, 2011

Oh, yeah! Wells-Fargo Under Investigation

I was dejected the other day after learning that the wealth gap between blacks and whites has widened. With the whole, ignorant debt-ceiling debate, I just wasn't in the mood for bad news.

But finding out Wells-Fargo is indeed being investigated for steering minority customer towards sub-prime loans, even if they qualified for prime rates. It's no secret that the black community has lost billions in wealth due to the bursting of the housing bubble. And Wells has already had to settle with the Federal Reserve. And this isn't the only bank involved in unscrupulous behavior. But learning that the government is gonna do something about this is . . . well, heartening.

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This isn't too complicated. If you disagree with me, I'm more than happy to have an honest discussion. I'm quite open to learning new facts and ideas. I'm dying for a conservative to explain their ideas in a sensible way.

But, I do have rules, and they also apply to those who agree with me. They just get the benefit of my already knowing the fact they'll be referring to.

So, here're the comment thread rules:

1 - Use facts.
2 - Refer to policy.
3 - Don't rely on theories and conjectures. Show me how, for example, a public health insurance option will lead to "rationing" of health care.
4 - No unfounded attacks on any entity.

If you break those rules, I will edit your comment to my own whimsical satisfaction.

Lastly, perhaps most importantly, I'm not going to entertain too much pro-white/racism-denying discussion. I want this to be a space to discuss strategies to fight racism, not space where I have to fight racism. I want anti-racists to be able to come here for a mental respite. If what you're interested in doing is attempting to demonstrate the fallacy of anti-racism by repeating the same ole comments and questions and accusations we hear all the time, please do that somewhere else.

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But Don't Jack My Genuis