http://www.nytimes.com/2009/06/07/us/07baltimore.html?pagewanted=all

“Wells Fargo, Ms. Jacobson said in an interview, saw the black
community as fertile ground for subprime mortgages, as working-class
blacks were hungry to be a part of the nation’s home-owning mania. Loan
officers, she said, pushed customers who could have qualified for prime
loans into subprime mortgages. Another loan officer stated in an
affidavit filed last week that employees had referred to blacks as “mud
people” and to subprime lending as “ghetto loans.”

“We just went
right after them,” said Ms. Jacobson, who is white and said she was once
the bank’s top-producing subprime loan officer nationally. “Wells Fargo
mortgage had an emerging-markets unit that specifically targeted black
churches, because it figured church leaders had a lot of influence and
could convince congregants to take out subprime loans…”

The affidavits of the two loan officers seem to bolster Baltimore’s lawsuit. Mr. Paschal, who is black and worked as a loan officer in Wells Fargo’s office in Annandale, Va., from 1997 to 2007, offers a sort of primer on Wells Fargo’s subprime marketing strategy by race.

In 2001, he states in his affidavit, Wells Fargo created a unit in the mid-Atlantic region to push expensive refinancing loans on black customers, particularly those living in Baltimore, southeast Washington and Prince George’s County, Md.

“They referred to subprime loans made in minority communities as ghetto loans and minority customers as ‘those people have bad credit’, ‘those people don’t pay their bills’ and ‘mud people,’ ” Mr. Paschal said in his affidavit.

He said a bank office in Silver Spring, Md., had an “affinity group marketing” section, which hired blacks to call on African-American churches.

“The company put ‘bounties’ on minority borrowers,” Mr. Paschal said. “By this I mean that loan officers received cash incentives to aggressively market subprime loans in minority communities.”

Both loan officers said the bank had given bonuses to loan officers who referred borrowers who should have qualified for a prime loan to the subprime division. Ms. Jacobson said that she made $700,000 one year and that the company flew her and other subprime officers to resorts across the country.”

Eric Bolling is still under the impression that the big banks had noting to due with the collapse of the economy in 2008!!

The banks wrote the mortgages, then sold the mortgages with a triple “A” rating and then turned around and bet that they would fail!!

Amazingly, none of them are in jail… because if I did that, I would be looking at some serious prison time!!

Eric Bolling was not shocked with Jackson’s accusation.

And no one is shocked with Jackson’s racist remarks, that is all the man has.

He has used his racist card so often that he doesn’t even have to open his mouth anymore, everyone knows as soon as you see his face you know his comments are about race.

I never can decide which racist amuses me more, Jessie or Sharpton.

They have the nerve to call themselves ‘Reverend’. What exactly is there to revere about these race-baiters that have made millions stoking the fires of discrimination. 

Why can’t we all just live like it’s before 1960, when there was no racism in America?

Sorry Jesse, the banks target everyone they can with their MERS violation of Property law and their robo-signing foreclosure fraud.

Like my uncle used to say:
“Watch out, cause when they’re done screwing over the Indians, You’re next!”

I have no doubt this is true…republicans love banks and we all know by now repubs are racists…so this just follows the math

Correction, Leedog. Lee Farkas of Taylor Beane and Whitaker is in jail, 30 years worth, for using his company to victimize a bank into fraud.

Tell us more about how you hate black people.

Because the Democrat Liberals decided a Black Man wasn’t capable of conducting His own life and become a success, with out the guidance of Condescending Patronizing Good Intentioned Liberals to guide them to success.

Yeah, that’s what the civil rights movement was about.

No, There is a great gulf between the Civil Rights Movement, The Reverend Dr. Martin Luther King, and the Great Society of LBJ, that saw BIacks as wayward children who were incapable of handling their own families with out Liberal Democrats leading them by the hand to the promised land.

Dr. Martin Luther King saw the trap of the welfare state of the Liberal Democrats, and before the implimentation of the Great Society and Liberal Welfare, The BIack Family was more stable than it’s white counterpart, The unwed pregnancy rate was lower, an BIack Families were becoming middle class business owner at rates faster than their white counterparts.

The Came LBJ’s great society, and where is the bIack family now?

And James Earl Ray, Was a Democrat, Who was a ardent supporter of George Wallace presidential campaign in 1968.

“that saw BIacks as wayward children”

That’s you projecting again, Bob.

“Dr. Martin Luther King saw the trap of the welfare state”

Well I don’t think you should pretend to speak for Dr. King.  Let’s see what he said himself about welfare and the great society:

————————————————————–
 ”A third casualty of the war in Vietnam is the
Great Society. This confused war has played havoc with our domestic destinies.
Despite feeble protestations to the contrary, the promises of the Great Society
have been shot down on the battlefield of Vietnam. The pursuit of this widened
war has narrowed domestic welfare programs, making the poor, white and Negro,
bear the heaviest burdens both at the front and at home.

While the anti-poverty program is cautiously initiated and zealously
supervised, billions are liberally expended for this ill-considered war. The
recently revealed misestimate of the war budget amounts to ten billions of
dollars for a single year. This error alone is more than five times the amount
committed to anti-poverty programs. The security we profess to seek in foreign
adventures we will lose in our decaying cities. The bombs in Vietnam explode at
home. They destroy the hopes and possibilities for a decent America.

If we reversed investments and gave the armed forces the anti-poverty budget,
the generals could be forgiven if they walked off the battlefield in disgust.
Poverty, urban problems and social progress generally are ignored when the guns
of war become a national obsession.

It is estimated that we spend $322,000 for each enemy we kill, while we spend
in the so-called war on poverty in America only about $53 for each person
classified as ‘poor’. And much of that $53 goes for salaries of people who are
not poor. We have escalated the war in Vietnam and de-escalated the skirmish against
poverty. It challenges the imagination to contemplate what lives we could
transform if we were to cease killing.”

Dr. Martin Luther King, Jr
Feb, 26th, 1967
—————————————-

Yeah so it turns out that Dr, King actually believed the exact opposite of what you said he did.  You should also know that the King family doesn’t believe that James Earl Ray was the assassin.

Now please stop pretending like you give a damn about “the black family.”casualty of the war in Vietnam is the Great Society. This confused
war has played havoc with our domestic destinies. Despite feeble
protestations to the contrary, the prom

Well you have to admit that ignoring one’s own remarks like “hymietown” but saying flat out that “food stamp President” is racist requires a certain level of both dishonesty and stupidity.

Let’s just assume that everybody in the world hates black people and that they’d all be living in modern space stations they built with the innate powers of funk and jazziness if it weren’t for white racism which stubbornly robs black folks of their true legacy as the world’s greatest artists and intellectuals.

Tell us what would happen if these race addicts swore off talking about race for a year. They couldn’t do it – something white folks do in their personal lives effortlessly yet are the ones charged with racism. If you want to see an obsession with race Sharpton and Jackson are the tip of the iceberg in the black American community.

I am not a fan of Mr. Jackson. 

lol at white people who swear they love black people so much . Your continuance to bring up these two men show just how racist you are and how stuck you are in the early eighties and nineties. Just plain hypocrisy, forget all the white people faults ,but badger jessie and al about tawana and heimy town until their dead. You people look really bad, but you figure since most you people know agree with your hate, that it’s ok. No, it’s not ok and you look, really bad, and very, very, racist. White supremacy died Jan 20, 2008..That moon colony looking real good to you now…

The King family states that Dr. King was a Republican, and the American Independence Party was a sock puppet for the Democratic Party, and was no Tea Party in existence in 1968, and the Tea Party doesn’t exist as a Political party today, It is a Identifier of Conservative Constitutional Principles of Limited Federal Powers of the Government in Washington, Article I: sec. 8, The Enumerated Powers.

And as to projection, You whole post is nothing but projection, of Your own liberal demons.

So take your politically correct history crapp and stick it where the sun doesn’t shine.

The King family states that Dr. King was a Republican, and the American Independence Party was a sock puppet for the Democratic Party, and was no Tea Party in existence in 1968, and the Tea Party doesn’t exist as a Political party today, It is a Identifier of Conservative Constitutional Principles of Limited Federal Powers of the Government in Washington, Article I: sec. 8, The Enumerated Powers.

And as to projection, You whole post is nothing but projection, of Your own liberal ideological demons.

So take your politically correct history cr app and stick it where the sun doesn’t shine.

“So take your politically correct history cr app and stick it where the sun doesn’t shine.”

That’s an odd way to respond to Dr. King’s quote.  Which do you hate more, Dr. King or facts of history?

“the Tea Party doesn’t exist as a Political party today, It is a Identifier of Conservative Constitutional Principles of Limited Federal Powers of the Government in Washington”

I’ll agree that the Tea Party doesn’t exist. It is more properly called the Tea Klan. 

 Now with the other gibberish there, you should just say “states rights” since that is what you mean.  The same exact argument used to defend both slavery and segregation.

“The King family states that Dr. King was a Republican”

ahem…

“King’s son and namesake Martin Luther King III said:”It is disingenuous to imply that my father was a Republican. He never endorsed any presidential candidate, and there is certainly no evidence that he ever
even voted for a Republican. It is even more outrageous to suggest he would support the Republican Party of today, which has spent so much time and effort trying to suppress African American votes in Florida and
many other states.”

http://www.politifact.com/tennessee/statements/2012/jan/23/charlotte-bergmann/another-republican-claims-martin-luther-king-jr-wa/

Dr. King was anti-war and strongly supported planned parenthood, in addition to supporting the Great Society and labor unions.  Republiklan my ass.

Every time I check your facts, it turns out that you are lying your butt off.  You should stop doing that.

Jesse’s age is beginning to show. He is having more senior moments than most senior. It may be just more stupid moments come to think of it.

Jesse had to get back in the limelight – He’s been laying low since the gay guy who worked for him sued him for “sexual harassment.!!  Go, Jesse, GO

More artificial intelligence from the Reverend of Racist Rot….The Pastor of Political Piss….Minister of  Maniacal Maggots……Lecturer of Liberal Loons.

Dr. Alveda King speaks in this National … My uncle Dr. Martin Luther King Jr. during his lifetime was a Republican, …

King registered as a Republican in 1956. Dr. Alveda C. King. · Daughter of the late civil rights activist, Rev. A. D. King and the niece of Dr. Martin Luther King, Jr.

(During the civil rights era of the 1960′s, Dr. King was fighting the Democrats who stood in the school house doors, turned skin-burning fire hoses on blacks and let loose vicious dogs. It was Republican President Eisenhower who pushed to pass the Civil Rights Act of 1957 and sent troops to Arkansas to desegregate schools. President Eisenhower also appointed Chief Justice Earl Warren to the U.S. Supreme Court which resulted in the 1954 Brown vs. Board of Education decision ending school segregation. …it was President Eisenhower who actually took action to effectively end segregation in the military.

Democrat President John F. Kennedy is lauded as a proponent of civil rights. However, Kennedy voted against the 1957 Civil rights Act while he was a senator, as did Democrat Senator Al Gore, Sr. And after he became president, John F. Kennedy was opposed to the 1963 March on Washington by Dr. King that was organized by A. Phillip Randolph who was a black Republican.)

Only in liberal PC, corrected history.