Author Topic: Interesting Articles...  (Read 957244 times)

Offline ExGingi

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Re: Interesting Articles...
« Reply #10095 on: June 07, 2019, 11:53:27 AM »
I haven't read the article yet but I know this idea has been around for a long time.

Article mentions (and somewhat details) historical attempts (and actions, though mostly actual actions were for some different reasons).
I've been waiting over 5 years with bated breath for someone to say that!
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Offline chff

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Offline dealfinder11

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Offline Dan

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Offline ExGingi

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I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline ExGingi

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Re: Interesting Articles...
« Reply #10101 on: June 17, 2019, 06:32:16 PM »
https://www.bloomberg.com/news/articles/2019-06-14/brisket-lovers-pay-a-premium-thanks-to-hi-tech-barbecue?srnd=premium

3 people came to my mind while reading this article, can you guess who they were?
I've been waiting over 5 years with bated breath for someone to say that!
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Offline Definitions

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Re: Interesting Articles...
« Reply #10102 on: June 17, 2019, 07:44:27 PM »
https://www.bloomberg.com/news/articles/2019-06-14/brisket-lovers-pay-a-premium-thanks-to-hi-tech-barbecue?srnd=premium

3 people came to my mind while reading this article, can you guess who they were?
Henche and rs242?
Don't know the third

Actually I'll guess aygart for the 3rd (I might've slightly cheated on the last guess :) )
« Last Edit: June 17, 2019, 07:48:30 PM by Definitions »
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Offline ExGingi

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Interesting Articles...
« Reply #10103 on: June 17, 2019, 08:29:10 PM »
Henche and rs242?
Don't know the third

Actually I'll guess aygart for the 3rd (I might've slightly cheated on the last guess :) )
Not even close.

One you might figure out from my DDF posts in recent weeks, while the other two have nothing SPECIFIC to DDF.
« Last Edit: June 17, 2019, 08:57:40 PM by ExGingi »
I've been waiting over 5 years with bated breath for someone to say that!
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Offline ExGingi

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I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline sguitarist18

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Re: Interesting Articles...
« Reply #10105 on: June 18, 2019, 12:58:41 PM »
https://www.bloomberg.com/opinion/articles/2019-06-17/how-housing-finance-enriched-whites-at-expense-of-black-borrowers?srnd=premium

With one minor caveat at the end, the author makes it sound like this was all racist - rather than, perhaps, the decisions being made based on financial indicators, which may happen to disproportionately correlate with blacks.

For example, in the graph comparing black family income vs. white family income, are they adjusting for whether each "family" has 2 parents? A 1-parent family is going to have significantly lower income for multiple reasons, completely unrelated to race.

Also - $3-4B sounds like a lot to me, and anyone else reading the article - but what percentage of overall sales was that?

Finally, while I'm no expert on this, there's a lot of controversy regarding what impact, if any, the Community Reinvestment Act had on lending to minorities in a risky way, and ultimately the housing crash that may have impacted those same minorities. Articles on this are dividied along usual political lines, but the left-leaning ones I've read use snide lines like, "the CRA didnít force mortgage companies to offer loans [in irresponsible ways]." Well - it kind of did, since it seems (from admittedly brief research) that banks had penalties imposed if they didn't meet certain metrics of lending to minorities. And I somehow doubt that it was simple to explain why they didn't meet those expectations for economically valid reasons.

Offline ExGingi

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Re: Interesting Articles...
« Reply #10106 on: June 18, 2019, 01:01:20 PM »
With one minor caveat at the end, the author makes it sound like this was all racist - rather than, perhaps, the decisions being made based on financial indicators, which may happen to disproportionately correlate with blacks.

Indeed. One of the reasons I found this article interesting and worthy of posting here, is to point out the racial bias of the MSM.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline sguitarist18

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Re: Interesting Articles...
« Reply #10107 on: June 18, 2019, 01:11:35 PM »
Yeah, this author's tone rises to rabid at some points:

Quote
So if you ever find yourself in a predominantly black neighborhood, wondering why everyone seems so poor, know this: Itís largely because white people, possibly even you or your ancestors, stole from them and their ancestors.

When I'm on the subway and a kid is trying to sell a $.25 water bottle for $3 on a summer day, I can buy it or not, I don't say he's trying to steal from me.

Offline chief_mag

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Offline Dan

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Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.