[re_tail20]

I saw this article on my Facebook feed, which said that 60% of African Americans in the South don’t have checking accounts. I don’t know how true this is. If it is, I don’t know any practical ways of remedying it.

[dfwgator]

Loan Officer: Now, let me get this straight, Mr., ..uh.. Mr. White. You'd like to borrow $50,000 from our bank, but you have no collateral, you have no credit. You don't even have any I.D. Is that correct?

Eddie Murphy: That's right.

Loan Officer: Mr. White, I'm sorry. This is not a charity. This is a business...

White Loan Officer: Uh, Harry, why don't you, uh, take your break now? I'll take care of.. uh.. Mr. White.

Loan Officer: Well.. okay. Thanks, Bob. [ exits ]

White Loan Officer: [ laughs, then sits ] That was a close one, wasn't it?

Eddie Murphy: It certainly was.

White Loan Officer: We don't have to bother with these formalities, do we, Mr. White? Huh?

Eddie Murphy: What a silly Negro!

White Loan Officer: Just take what you want, Mr. White. Pay us back anytime. Or don't. We don't care.

Eddie Murphy: Tell me, do you know of any other banks like this in this area?

[I want the USA back]

I do not want to pay for the injustices committed by other people. So stop trying to take my money.

[dsc]

“the cynical use of “black capitalism” rhetoric by mainstream politicians (particularly Richard Nixon)”

FU both.

[ilovesarah2012]

Banks are so 20the century.

[ClearCase_guy]

I get the feeling that half of the problems were due to the failure of the government to create black-focused economic institutions which could have helped this troubled community.

And I get the feeling that the other half of the problems were due to segregation and the unfortunate reality that blacks had to help their own trouble communities do the best they could within their own world through black-focused economic institutions.

Damned if you do/damned if you don’t?

[Ruy Dias de Bivar]

***The Freedmen’s Bureau was created by [President Abraham] Lincoln.***

I posted a 150 year old cartoon about the Freedman’s Bureau here several years back. The Mods pulled it so fast it did not even leave a shadow.

[nopardons]

Stupid, extremely RACIST, POS book and article!

Major DEPRESSIONS, BUBBLES, and white owned banks going under, went on for over 100 years prior to THE GREAT DEPRESSION and hit whites very hard too.

I don't know if it is true, or not, that a vast number of today's Southern blacks don't have a checking account; however, I bet that they have credit cards.

[Buckeye McFrog]

Should not come as a surprise. Blacks were forced to create their own parallel institutions for nearly everything during Jim Crow.

[Avalon Memories]

I didn’t know the act of banking had a color.

[goodnesswins]

Could it be that they don’t want to deal in anything except CASH.....hhhhmmmmmm???? And, why would that be?

[Myrddin]

The simple truth is that you can't expect to have credit extended if you fail to repay your debts. It's a character flaw. It's theft. Projecting your failure onto others and labeling them racist to deflect your own faults is not a winning strategy.

[Osage Orange]

https://en.wikipedia.org/wiki/Greenwood,_Tulsa

Clik on it....all FReeper's should.

[Bonemaker]

Another black "banking" activity:

[Jan_Sobieski]

This article is crap. Money is green. It does not care what color you are as long as you help make more of it. If money cared about color, Asian Americans (many of whom are darker than African Americans) would not be the most successful group in American. Single parent black households are the root to ALL of African American problems in the USA...

[Jan_Sobieski]

The thing I find most interesting about black non-fiction authors in America today is that they never let facts get in the way of a good politically correct story. This group does not include actual black intellectuals like Thomas Sowell and Walter Williams.

[miniTAX]

Oh nooo, racism’s fault, AGAIN!
It’s becoming so tiring.