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July 22, 2005

I've heard about that

Davis leads inquiry into higher-cost mortgages lenders offer minorities

Artur Davis was joined in his request that the Federal Reserve investigate by Spencer Bachus. Bachus is from Vestavia Hills, where this isn't a problem because nobody will sell a house to a black person anyway.

Posted by Mac Thomason at July 22, 2005 08:31 AM

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Comments

I can only say what I have before. Things like this are the reason I'm happy Davis was elected. What with his free trips and ethics investigations, Earl Hilliard simply never would have bothered.

Posted by: Susan at July 22, 2005 10:16 AM

I like Davis too... despite his centrist leanings. ;)

Posted by: Michael B at July 23, 2005 08:43 AM

This is a complete waste of resources. Focus on the source of the problem, not the end result. Fix education.

Hint: Government isn't the right tool to fix this problem. Parents are.

Posted by: Trevor at July 23, 2005 12:04 PM

I agree, Trevor: The parents of asshole lenders who institutionalize racist lending policies or open up predatory lending businesses in already economically-depressed neighborhoods clearly didn't instill any civic values in them.

Posted by: Susan at July 23, 2005 01:07 PM

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