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US foreclosure, delinquency rates rise in minority communities
Published: 03 August, 2010, 03:19
Edited: 04 August, 2010, 03:26
Foreclosures are increasing in 75% of America’s largest cities. The most devastated are the Black and Latino communities, where foreclosure and delinquency rates have almost doubled since Obama took office.
In America today, we are all minorities. The United States is a melting pot of every race or ethnic group on earth. Some claim minority status to get ahead of others because the government has seen fit to put one race/ethnic group against other groups by giving some special benefits/status at the expense of others. This could be a government tactic to divide and control all the population. They keep the race uproar going on all the time and many politicians stay in office by playing the race card. I miss all of this nonsense when I go to other countries where no one race is given preference over the other races. It is not good for the country and caused political corruption.
People who habitually have no sense of responsibility and seldom pay their debts, should not be enticed into taking out loans, no matter how pleasing such a program would be to the bleeding hearts of liberals. RT: "“What we are trying to do is get the administration to understand that affordable housing is needed here, there are too many people in D.C. that are trying to pay their mortgage.” Translation: give us free Obama money.