Woodwork Post

[Tim Daneliuk]

t wrote:

> Do you even know what "Redlining" was about and how pernicious it was?

It was people with money deciding just which people who wanted
to borrow that money suited them. Hardly a moral foul.

>>> that was prevalent at the time and which excluded housing purchases in
>>> depressed areas without regard to the borrower's qualifications.

An entirely reasonable position given that depressed areas are
less stable than others and even a good borrower could see their
property value tumble due to the surrounding context. Does this
trouble your sensitive soul? Fine. Create a great big pile
of cash and lend *your* money to higher risk recipients and/or
communities and quit whining about how other people ought to
dispose of *their* wealth. Like all do-gooders you don't have
the personal character to do what you "believe" so deeply, but
you're happy to force other people to do it at no risk to you.
You're a petty tyrant.

>> Redlining was a very reasonable process that prevented people who
>> were incapable of repaying a loan from ever being offered one.
>
> You demonstrate your Fascist tendencies. This is interesting, given
> your background.


You demonstrate a troubling penchant for dictating how other people
should spend their money. No one should be forced to lend money to
anyone else, regardless of the borrower's capacity to pay, but
*especially* when they clearly cannot afford the loan. Either you
believe that private property (money) is, um, private, or you think
the mob of the general public should be able to dictate its uses.
Clearly, you support the latter. Methinks you're the Facist here.


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Tim Daneliuk tundra@tundraware.com
PGP Key: http://www.tundraware.com/PGP/

[Robatoy]

In article ,
Robatoy wrote:

> Everybody wants to know where the bottom of the DOW is....
>
> 6330

Only 1200 points to go.