Why does nobody talk about the fact that the 2008 financial crisis was caused by giving DEI home loans to minorities?
>>539561933Because that was the show. Reality was blackrock getting to buy up all the houses like jews planned
Lots of poor whites got houses too. Poor people got conned to buy homes for no money down and very low initial mortgage payments l
the usual deranged take by people who refuse to understand even when it means they're flattened by the truth
>>539561933chinks rose via WTO Y2K and opened borders of the Westthe spic/chink/jeet invaders fent'd all the whites since Y2K when chinks via bush opened the borders to 70 mill shitskinsbush was the first open border prez flooded usa with 70 million illegals, chinks and h1b jeets from Y2K to 2008chinks created the first global fent white genocide housing bubble
>>539561933>Why does nobody talk about the fact that the 2008 financial crisis was caused by giving DEI home loans to minorities?that would be anti-semitic, anon
>>539561933Because that would imply that the government used it's FDIC leverage to force banks to make retarded, Diversity-driven decisions that most bankers would slit their throats, before doing.
people don't realize that citigroup literally chose obama's cabinet. banks created a housing bubble, did everything they could to pump it up, including making bad loans that they knew would never be paid back, then bailed themselves out.
>>539561933I do all the time
>>539561933Over 80% of mortgage defaults were whites
>>539561933because we unironically want it to happen again, retard
>>539566219and most countries instigated bail-in legislation since.
>>539561933Because that isn't what happened and you are retarded.
>>539561933Coincidentally, I saw an article about foreclosures on the rise.One discussion came up about bailouts and a few responses said helping all homeowners wouldn't have been feasible due to all the NINJA, No Income, No Job/Assets, loans.
>>539566060The bankers made these retardred loans because they knew they could sell the loan to some investment banker who knew they could package it with a bunch of other shit and sell it to a public school teacher's pension fund that is ran by some retard.
>>539561933Because the people with all the decision making powers aren't black or mexican
>>539561933what kike pilpul.>kikes make exploitative financial instruments to hoard more capital>kikes sell it to clueless investors knowing it would default>kikes crash the economy affecting poor people, devaluing dollar worth more>you are here>kike make dnc thread using dei scapegoatyou know everything fixes automatically if you are murder by gasing inside oven.
>>539562354>>539562673>>539562839kikes are unhappy. so many people are seeing through kikes deception.
>>539561933shitskins get transferred White wealth whether its thru offshoring, exporting inflation, selling fent to gringos, taking a White's job, h1bs, welfare, direct NGO funds, or taking free grants/loansBush conspired with Greenspan to import millions of illegals and poos to prop up a housing bubble, after the collapse of Greenspan's tech ponzi bubble.the Bush administration’s trafficked millions of Hispanics and told the goyim that beaners were “natural Republicans” and that the best way to get them into the fold was to give them a stake in the “ownership society” through various housing subsidies. Hispanics’ increasing numbers in the so-called “sand states” had a lot to do with the bubble’s disproportionate influence in those regions, and these subprime borrowers’ low levels of human capital and earnings eventually led to the music stopping as payments were unmade and new borrowers could not materialize to prop up the inflated housing prices. I mean, throughout the boom, no one said, “Does it make sense a sheetrocker from Chiapas making $11/hour can afford a $400K McMansion in Anaheim?”This is what may be called an “overdetermined” event. In other words, without large levels of Hispanic immigration and Bush’s obsession with cultivating beaner political support, the bubble would not have happened.The relationship of the demented immigration policy of the post-1986 amnesty years must not be allowed to disappear into the memory hole — as, of course, both parties would like it to. They will try to twirl the “bubble” into a case of bad economics, if not an act of God like an earthquake
>>539567841bush allowed millions of poos/chinks/Mexicant immigrants to the US and helped them get home loansHousing bubble was cause just by this thinking. Clinton/Bush smuggled in millions of shitskins and forced banks to give loans to the smuggled migrants. Because they deserve it!
>>539567781bush made it shitty by flooding the US w/ spics and selling us out to chinksBush was twice as bad because 9/11 gave him an excuse to throw out all foreigners and close the borders but instead he used it to increase invader migration levels in hopes he could win the beaner vote. Bush increased legal immigration because he neocohen policy of White genocide
>>539561933epstein did and they killed him ,
>>539568792 and Bush Administrations have pursued the goal of increased homeownership by trafficking shitskins and encouraging Fannie Mae and Freddie Mac to expand their lending to trafficked shitskins. “Owning something is freedom as far as I’m concerned,” President Bush said. “It’s part of a free society.” Cheap money and declining lending standards are often associated with speculative peaks, which invariably are followed by busts.Excessive liquidity and financial deregulation (pre-2008). At the core of the 2008 financial crisis was a major expansion of credit that greatly outpaced the real economy during the years 2001-2007. With Wall Street’s political power ascendant in the Clinton Administration during 1993-2000, the US government deregulated Wall Street in the late 1990s and the govt smuggled millions of spics, poos, beaners and Federal Reserve pumped credits into the deregulated banking system in the early 2000s. The result was a housing bubble and leveraged balance sheets of America’s major financial companies (including commercial banks, investment banks, and insurance companies
>>539561933Because the far more important element is the kikes who were running the scam. This is precisely how kikes have operated for centuries. They use other degenerate elements of society for their own ends because they know that when shit hits the fan they can point the finger at those degenerate elements to distract from their own vile schemes.
>>539567658Giving free loans to invader spic niggers was a globohomo idea, but Bush ran with it because "based shtskins" and "based Hispanics" in Texas voted Republican at higher rates for Bush as governor than in other states. Bush and Karl Rove thought it had something to do with private ownership of property, so they kept the program around thinking it would get more niggers and beaners to vote for them.Of course what people don't realize is that Hispanics in Texas/the Southwest were more conservative in the past specifically because they weren't illegals or immigrants but just the descendants of Spanish/Mexican colonists who already lived there.Bush, Bush's father and the cuckservatives of 1984 who gave amnesty to the beaners are the reason Hispanics have become increasing Democratic as a voting bloc because it turns out that illegals do not vote the same way as the minority of Hispanics who can trace their families back several generations.So all Bush did was make the spic problem worse along with causing an entirely avoidable major recession
>>539568926Let's not forget that Bush II believed that by opening the borders and giving free loans to invaders and talking about god that religious illegal beaners and niggers living in houses they couldn't afford would suddenly become conservatives.Meanwhile 95% of illegals vote Democrat
>>539568946The president doesn't make these decisions
>>539567612Bush opened the borders and gave illegal spics and niggers home loans and crashed the world economy in 2008 and weve never recovered
>>539569099now realize that the entire population increase was from foreign invasion, White birthrates were at or below replacement.now realize that 100 million increase in population was entirely from spics/poos/chinks/arabs flooding innow realize that shitskin population is almost infinite and US land is fixed supplythe decoupling of housing and wages (always @ 2X median income) started in 2000People have to remember this housing crunch started when china entered trade in 2000 and Bush flooded us with open border foreigners and made it easier for foreigners to buy property and at the same time they started letting boat people loose in the communityfree trade is the most sacred cow, so libertarians intentionally ignore this fact and instead overhype fraction reserve banking as the cause of housing hyperinflation, which only started in 2000 and not before the entrance of China into WTO
>>539567359>before 2000, no housing problem>globalists push for "housing for everyone", ez loans and low interest rates>import millions of locusts from asia/mexico>hyperinflated housing bubble happens>housing now a problem>homeless epidemic>millions of native homeless die from opioid epidemicit seems like the globalists preemptively planned and pushed for "housing for everyone" in advance of open borders.it was a stealth plan to house every locust invader while millions of natives go homelessthere was never a housing problem in the US before their NWO globalismI would just like to mention how an identical thing happened in UK, which I'm sure is a pure coincidence, except instead of Asians/Mexicans we got sandpeople and niggers
>>539566714They litterally replaced half the population with foreigners since the 1990’s anonNYC/LA is 95% foreigner (invaders) and they buy all the houses. avg house costs $1mill now, same house was $100k in 1999. fuck globalismAmericans are not buying these houses. Ever since 2003, it's been Spics, Chinks, and Poos buying up our houses and hyperinflating prices, creating unaffordability, housing bubbles, and a homeless epidemic of Whitesimmigration is the centerpiece of globalization. They print cheap heicopter money (debt/bailouts paid by tax payers) and give the money away to globalist institutions who push to flood White countries with invaders and freely lend the welfare money to the invadersOur cities become 95% foreign invaders who take all our housing and totally unaffordableWhites get replaced (genocided) and the globalists profit
>>539566487And you can probably guess who is moving in right beside them now. Muslims, pakistani's, and Chinese. The realtors didn't sell to whitey. They took the ads for the homes and only distributed them in rich muslim/chinese communities. Now the whites from the original area are leaving, and it's sadAs a guy who works in IT, you guys are delusional if you think the market will go down. Thanks to generous visas we are swarmed with retarded Indians who will gladly buy grandmas overprice mcmansion to put their entire15 person extended family in.
>>539566110bush allowed millions of Mexicant illegal invaders in to the US and helped them get home loans
>>539566097Remember George Bush opening borders to spics/poojeets and calling for every foreigner to own an American home (regardless of the ability to pay or price and paid for by the tax payer= bailouts)?bush allowed millions of Mexicant/poo/chink invaders to the US and helped them get home loans and bailed them out with tax payer moneyNYC/LA is 95% foreigner (invaders) and they buy all the houses. avg house costs $1mill now, same house was $100k in 1999. fuck globalism
>>539561933It was caused by banks giving huge loans to developers to build houses and then giving huge loans to speculators to buy those homes and then packaging the loans into bonds to sell. Actual consumer home loans accounted for very little of the defaulting loans that caused the 2008 financial crisis.
Wouldn't it have been better if the government had not helped banks kick people out of their homes?
>caused by giving DEI home loans to minorities?was it? the 2008 financial crisis was due to oligarchs fucking up, then firing a bunch of people, then demanding the people's taxes to give them jew daycare back again.
No idiot - it was engineered by jewish central bankers like ALL booms and busts and wars
>>539561933Because it wasn't
>>539561933>muh DEIIt wasn't. It was called by extreme war economy for seven straight years. Dumb MIGAtard.
>>539561933It was subprime mortgages issued by banks. It was done ON PURPOSE by banks, to confiscate millions of homes from people who got mortgages but couldn't really afford them. Those people got upside down on mortgages, and their homes got confiscated. This was mostly whites. Its exactly the same bankster created Real Estate bubble right now, except right now it is DEI driven.
>>539569749>by extreme war economy for seven straight years.By CIA and Pentagon, and Bush CIA? Possible.
All the Devils Are Here: The Hidden History of the Financial Crisis Read that book and you'll hate bankers more than anything.
>>539561933Leftoid slopaganda just says it was bad bankers doing gambling that caused itbut obviously resting the housing market on the hope that stupid niggers can be responsible was a really dumb ass idea based on the same affirmative action blank slate lie that DEI is based on.
>>539570246I worked with a bunch of guys who mortgaged homes while making decent money in a factory established in the 1910s and completely outsourced to Mexico and China in the mid 2000s.The only other jobs in the area paid half of what we were making and the skill set wasn't transferable.One of the major machine shops in the area was nearly gutted at the same time after shortly after opening a new facility in Costa RicaQuite a few working White men were were being rugpulled prior to the 2008 crash.It wasn't just niggers and nincompoops living far above their means.
>>539561933Because that's giving ridiculous cover to banks by implying they were forced against their will to take on bad loans. The reality is that they were hungry as fuck for them since they were using financial voodoo to repackage garbage debt into AAA commodities.
>>539561933And then all the "woke" stuff came after they got terrified by the Occupy Wallstreet movement, so they moved the left away from economics to primarily identity politics.
Failed social experiment
>>539568725You jews failed
>>539561933That is true, in that that was the tire on the wheel the drove us there, but the real answer is simply that kikes control every aspect of society through the central bankand the only solution is to collapse society, let the dysgenic masses run their course, and hunt every last jew down
>>539561933>giving DEI home loans to minoritiesCare to elaborate?
>>539562673It started *specifically* because Bill Clinton wanted to boost black home ownership rates.>but muh poor Whites!Shut up nigger lover.
>>539561933>Why does nobody talk about the fact that the 2008 financial crisis was caused by giving DEI home loans to minorities?Because it wasn't. Read the epstein files and understand how those loans were not the problem, putting those loans in financial products that were not properly marked out as high risk. The loans themselves would've just been foreclosures as had always been the case it was pretending they were worth more than they were that crashed the market. Attempting to blame people getting bad loans after the fact is bullshit, the banks shouldn't have been able to hide the risk inherent in giving loans to people so that they wouldn't lose money, if it weren't something they were making money off of they would've paid for congress to fix it beforehand, they didn't. Why do you think that is?
>>539561933Jews did it