Post By James Fulford on 02/28/2020

This Day In VDARE.com History, 2013: Matt Yglesias, Mortgages, And Racism

Originally published on this day in 2013. This is the cover of Bloomberg BusinessWeek, with a story on relaxed mortgage standards, which could lead to another Minority Mortgage Meltdown: And here are ...
Post By Steve Sailer on 02/17/2020

NYT: How Bush's Increasing Minority Homeownership Push Led to the Great Recession

Earlier: Karl Rove—Architect Of The Minority Mortgage Meltdown For the last decade I’ve largely been alone in pointing out that the Housing Bubble/Crash of the previous decade had quite a bit to do wit...
Post By Steve Sailer on 02/16/2020

Christopher Caldwell In The NYT: Bloomberg Is Right About the 2008 Financial Crash

Earlier: Based Bloomberg in 2008 on the Minority Mortgage Meltdown From the New York Times Opinion page: Bloomberg Is Right About the 2008 Financial CrashIt was brought about by a flawed attempt to u...
Article By Patrick J. Buchanan on 02/13/2020

Patrick J. Buchanan: An Establishment in Panic Over Biden Fall, Bernie Rise

From the day he entered the race, Joe Biden was the great hope of the Democratic establishment to spare them from the horrifying prospect of a 2020 race between The Donald and Bernie Sanders. Today, th...
Post By Steve Sailer on 02/13/2020

Based Bloomberg in 2008 on the Minority Mortgage Meltdown

On the tenth anniversary in September 2018, I recounted the state of the art explanation of the Mortgage Meltdown based on a decade of research by academics into who defaulted and how much. Of course...
Article By John Derbyshire on 01/21/2020

John Derbyshire: “Disparate Impact”—Key Lie In Our Ruling Class Ideology

See, earlier, by James Fulford: Disparate Impact: Legal And Political Last week's item about jaywalkers in New York City brought in some emails. It referred to complaints that city cops issue jaywalkin...
Post By Anonymous Attorney on 01/07/2020

Miami Pushes "Disparate Impact" Shakedown Suit Against Big Banks

The City of Miami is suing Bank of America and Wells Fargo for Fair Housing Act violations, with a Rube Goldberg-causation argument that goes like this: The banks "racistly" lent money to blacks for h...
Post By Steve Sailer on 12/19/2019

Who Defaulted More Dollars in the Housing Bust: Whites or Nonwhites?

I’ve long pointed out that the Housing Bubble of 2004-2007 tended to have inflated the most severely and popped the most sharply in increasingly Hispanic regions like Southern California’s Inland Empir...
Post By Steve Sailer on 12/19/2019

Mortgage Default Rates by Race: In 2008 Mortgage Crisis, America Was "Hit Hardest" By Minorities

The not wholly historically accurate Guns of Singapore metaphor is helpful here. Our society so focused on the problem of not enough mortgage money being lent to nonwhites that, surprise, surprise, ...
Post By Steve Sailer on 10/20/2019

The Opposite Of Redlining: When The Government ENCOURAGED Black Mortgages, THAT Was Bad, Too

As we all know, FDR’s redlining is the cause of all bad things. Too bad it wasn’t phased out until … last week? Last year? But has anything happened since redlining? From the New York Times opinion pag...