The banks get sued for NOT lending to the Inner City, and now they get sued FOR lending to the Inner City and not getting paid back.
Liberals are evil.
“The banks get sued for NOT lending to the Inner City, and now they get sued FOR lending to the Inner City and not getting paid back.”
The opening of the credit doors to the unqualified and marginally qualified was a liberal project all along. The liberals cannot blame themselves so they must blame the institutions (and their investors) who took the actual risks.
Cleveland has been in decline for over 40 years and the public-funded pump-priming in local “development” hasn’t changed the pace of decline one bit.
Note to Libs...higher risk loans, ie ability to pay back, equals higher interest rates.
Morons.