moonbattery logo

Feb 21 2013

Reenacting the Housing Crisis

The financial crisis of 2008 — from which the country has still not recovered — was caused largely by the government forcing banks to make Affirmative Action mortgage loans to people unlikely to repay them in order to redistribute wealth. Has the government learned anything from this debacle? Of course it has. By vastly expanding government dependency through increased unemployment, helping get Obama elected and then reelected, and providing fodder for anti-capitalist diatribes by the socialists running the “mainstream” media, the collapse worked out so well for statists that they are applying the same tactic to Hispanics imported from the Third World to displace the American population.

A Texas bank has reached a settlement to pay back thousands of Latino customers after allegations of discrimination practices based on race.

The Justice Department made the announcement on Tuesday that the Texas Champion Bank of Alice, Texas will pay $700,000 to close to 2,000 Latino customers for loan disparities based on the national origin.

Jesse Jackson–style shakedowns are now in the purview of the federal government.

“The complaint filed today demonstrates that the Civil Rights Division is committed to fair lending enforcement across the entire spectrum of credit markets,” Thomas E. Perez, Assistant Attorney General for the Justice Department’s Civil Rights Division, said in a press release following the announcement.

Readers will recall that Perez is a hardcore left-wing ideologue, who has put banks into a catch-22 position where they will be punished for “discrimination” both for not making loans to minorities unlikely to pay them back (“redlining”) and for making loans to minorities unlikely to pay them back (“reverse redlining”). When Marxists write the rules, capitalists are not allowed to win.

As part of the punishment, Texas Champion will be forced to provide “equal opportunity training to its employees” — i.e., P.C. brainwashing, probably along the lines of what USDA bureaucrats go through.

Just last week the Obama administration formalized the implementation of the Fair Housing Act’s “Discriminatory Effects Standard” which hold banks accountable for their actions in the foreclosure crisis that hit Latinos especially hard.

The new standard prohibits any practices that result in discrimination “regardless of whether there was intent to discriminate.”

Unskilled, non–English-speaking Third World immigrants are less likely to repay mortgages than regular Americans, especially if banks have been forced to give them loans on racial grounds. Consequently, they are more likely to face disclosure. Voilà: a “discriminatory effect.” The solution is of course more coercion and economic sabotage by our racist and collectivist rulers.

thomas perez
Perez: Sticking it both to gringos and to capitalists.

On a tip from Clingtomyguns.

27 Responses to “Reenacting the Housing Crisis”

  1. ant says:

    Hmmmm….that’s strange….paying back ‘hispanics’, ‘hispanics’ looking for housing loans, and all this at a time when Obama has been conducting ‘record deportations’ and illegal immigration has nearly stopped altogether. Don’t tell me the Democrats have been lying…I just couldn’t bear the thought.

  2. Momster says:

    Why does that guy remind me of V.I. Lenin? I mean, besides the way that he looks, of course.

  3. Justme says:

    What is really racist is that banks don’t yet accept EBT cards for mortgage payment. Time to hope and change that.

  4. Dr. 9 says:

    The left-wing Demoncrats are simply doing to/for illegals, what they did for/to blacks. They are addicting them to “free” govt. handouts. They are showing them life in America can be free, and all you need do is give us your political support. They are building a base of addicts. And, as is the case with all addicts, they don’t care where their next “fix” (see: handout) is coming from, so long as they get it. And again, as is the case with all addicts, the point eventually comes when no matter how much you give them, it’s not enough. That’s something for the hard-working, tax-paying fools of this country to think about.

  5. Ummah Gummah says:


    @ Momster

    He reminds me of a flaming feygelah.


  6. KHarn says:

    =“regardless of whether there was intent to discriminate.”=

    Is that anything like the “voter intent” scam pulled by the liberal-socialists durring the 2000 election?

  7. mistletoe pants says:

    Howsing crysis bee rayciss

  8. delicious dogshit tacos says:

    Gringo is out of style. Gabacho is the new term of vibrant kumbaya singing diversity in the rainbow utopia. It means yankee imperialist.

  9. Ummah Gummah says:


    Among the turd world meemeegrants flooding into the country are nasty, openly hostile genocidal mooooooozeleeeeeembehs.

    And not only do they want all the free stuff the Benghai Fugazi is promising to turd worldists around the globe, but they also want to KILL YOU:

    Director of CAIR Missouri wants to prosecute Americans who insult Islam…using sharia law

    Last August, the director of CAIR St. Louis, Faizan Syed, wrote about his ideas for monitoring social media titled Social Media Task Force. Sayed wants to create a Muslim youth association who would aggresively monitor the media. What really stood out was this statement under the section “I have few suggestions to make in this regard” (5th bullet):
    “Report anti Islamic and anti Muslim content on the internet to appropriate authorities to take action to remove it and go after those who post it online and prosecute and take actions according to the Shariah ruling.”

    To say that it is highly irresponsible to allow these murderous psychopaths into the country is a gaping understatement.

    Taking away our means of self-protection against these raving islamo-zombies by way of “gun control” is premeditated genocide.

    Yes, I do consider the Benghazi Fugazi a traitorous Manchurian enabler of genocide against the largest group of Original Americans: Law-abiding White People.

    Why else would he allow them all in and then support them and their murderous ideology while attempting to disarm us?

    Do you see him and his penis holder going after these violent un-Godly beasts who are openly propagandizing genocide against Original Americans?

    WHO the HELL invited them here??!!


  10. Skyfall says:

    Unfortunately for the Latinos, when the scales swing back into balance, all these little games and catch-22’s and “gaming the system” ploys will suddenly stop working.

    They will then be facing a population of white-ass gabachos who are in no mood for discussions or negotiations or charges of “RACISM” or much of anything except disinfecting the country.

    It will not be a pleasant time, but they can take immaculate comfort in the knowledge that they did it to themselves.

    ¡Si Se Pueda!

  11. Clingtomyguns says:

    Senor Comrade Perez especially relishes sticking it to those reeeech white gabacho Texan bankers, who resents for taking away Atzlan. Another of his accomplishments is a federal judge determined that he lied about the fact that Obama/Holder made a political decision to let the New Black Panther voter intimidation darlings off scott free:

    and from suing states to quash voter id efforts so that his big boss’s welfare and illegal hordes could more easily cast their multiple votes for Obama unimpeded:

    If not enough to make you throw up, a little more background on Senor Perez is in order, given that he and his boss Holder also a fetish for to conservatives, like Sheriff Joe:

    “Who is Thomas Perez? He is a former board member of La Raza group “CASA de Maryland“, known as “The Illegal Aliens’ ACORN“. The taxpayer-funded CASA fights for welfare, tuition breaks, scholarships, voting and amnesty for illegals aliens, and makes generous use of the race card to silence critics.

    CASA most recently fought for the Maryland “Dream” Act in-state tutition law, which Stand With Arizona’s 32,000 Maryland members and MDPetitions successfully fought to block via a massive petition drive. During the drive, CASA thugs shouted “racist”, obstructed, threatened and even spat at citizens attempting to sign petitions to overturn the disgraceful act.

    And their former board member is now in charge of “civil rights” for the nation? Fox meet henhouse!”

    La Raza “the Race” and an ACORN group proudly can lay claim to Senor Comrade Perez. With Obamanite racists like Holder and Perez running the DOJ, white folks and gun owners should expect the rule of law of “payback for whitey” to prevail in the USSA Banana Republic that once was America.

  12. Jimbo says:

    Perez = Communist.

    COMMUNISTS SUCK! I hate communists, I will alway hate communists.

    Communists are why I stockpile ammo!

  13. Justme says:

    Skyfall, you have been watching too many Rambo, Red Dawn movies. There is no more pendulum to swing back – the clock is broken. Go gently into that good night like White Londoners. We have been supplanted, replaced and outlawed.

    America as you knew it is gone, it is folklore and myth now. Accept it for what it is. Dreaming of comeuppance wastes time – live within the new paradigm, prepare for its collapse and try to be among the death camp guards and not the camp residents.

  14. Skyfall says:

    Justme, while I agree that we very well may have passed the rubicon, your Judenräte solution is not up for discussion.

    As Lawrence said “NOTHING….is written.” The idea that it’s all over, so go to sleep and keep your head down is bullshit. If the army was coming down the street with tanks and mortars and I had no where else to go, I’d make my stand. Will they win? Most likely. So what?

    Can we get enough people to stand up to this and put it on the line? Doubtful, but if we do, it won’t be so easy.

    So Just, you may think I’ve been watching Rambo. In fact, I am remembering my father (USAAF China, Burma, India) and his brother (749th Bomb Squadron, BT gunner) and Strobing’s last message from Corregador.

    You may go gently into that good night and lay down like the French. Me…I’ll go down on my own two feet, hoping I can show half the courage of those that went before me.

    NEVER surrender!

  15. Justme says:

    Skyfall, no disrespect intended – you have every right to be proud of your father, they were great men and did great things and I couldn’t have any more respect for them having met and known those men and mourning the daily loss of the all too few who remain.

    I come from a “colorful” Italian background and have come to understand their mentality and I am finding that it is the perfect mentality for this Brave New World. When you begin to understand that there is no more American Way, that the ideas you hold holy are now anathema to those who are the leaders and that the whole schematic makes no sense, that the rewards are not for loyalty and hard work but voting and proclaimed victimhood, you can do more to undermine them by holding your beliefs but acting within their Cloward-Piven type strategy to undermine them. Ayn Rand’s Atlas Shrugging is exactly what we need.

    Heroic resistance will be crushed and the heroes vilified and swept into the dustbin of history by the regime’s “historians”. Think in terms of Chazz Palmenteri – A school education and a street education.

  16. Vic Kelley says:

    I have to learn more. All this time I’d concentrated on the treason of eric holder – and that was important. But, I need to keep an eye on other DOJ AG staff like Perez. This regime is committed to punishing Whites for the imagined wrongs of the distant past.

    A lot of good comments on this thread which is typical for this site. Skyfall’s comments are excellent and inspiring.

  17. KHarn says:

    “Justme says:February 21, 2013 at 4:18 pm”

    Go greet the conquers, lick their bloody boots and kiss their bloody hands. I hope you live long under their tyrany.

  18. Clingtomyguns says:

    Skyfall – That is the American Spirit of a free man born of liberty. We may be down, but we’re far better than they are, and while they have the demonic forces of this world on their side, we’ve got the Lord God on ours. MOLON LABE.

    Justme needs to gain some faith, and should start with these Bible verses:

    “Fear ye not, stand still, and see the salvation of the Lord, which he will show to you to-day: for the Egyptians whom ye have seen to day, ye shall see them again no more for ever. The Lord shall fight for you, and ye shall hold your peace.” EXODUS xiv. 13, 14.

    “The LORD shall cause thine enemies that rise up against thee to be smitten before thy face: they shall come out against thee one way, and flee before thee seven ways.” Deuteronomy 28:7

  19. Justme says:

    KHarn, I live in NY, OF COURSE I LIVE UNDER TYRANNY. And have been for far too long. It is what the rest of you are already getting inclinations of coming your way unless you are in Texas, Arizona or far from the coastal utopias.

    I don’t greet my conquerors or kiss their bloody hands but watch how those who did – benefit greatly and share the spoils, while the resistors are crushed and forced out. I’ll be forced out soon enough, but am learning it is better to go with the flow, and adapt rather than have the waves drown you. Look, I am a snowflake in a sewer and realize there is no way to remain pure here. There are no medals for being righteous from these bastards.

  20. Justme says:

    Cling – The malevolence is real but the Bible verses aren’t going to cut it in this Atheistic state. There isn’t any Battle of Armageddon coming, just a dying off of the last generations along with their ethics and culture.

    The tide of history really is unstoppable – The part that amuses me most is that the imbeciles who brought this ruin believe that they will be writing the history. History will sweep them away, judge them and wonder how they could have been so easily mislead. All are punished – in the end.

    Future generations will look upon this as ours look upon the last days of Imperial Rome and stare at its greatness and wonder how it could all have ended.

  21. Alphamail says:

    Justme says:

    “…live within the new paradigm, prepare for its collapse and try to be among the death camp guards and not the camp residents.”

    “I’ll be forced out soon enough, but am learning it is better to go with the flow, and adapt rather than have the waves drown you.”

    Treason…sheer treason…!

    Not against the nation, not against a political party, and not against a cause.

    Against yourself. Against your humanity. Against your spirit.

    “For what would it profit a man to gain the whole world, yet lose his soul.”

    Gain another ten minutes, another month, another two years of this vapor we call life, at the expense of dignity, loyalty, courage, righteousness, truth, justice, or honor…

    These intangibles constitute the only solid foundation on which to live a human life.

  22. Justme says:

    Alpha, it is not treason against one’s self etc to accept the futility of this generation.

    I agree Socialism is soul crushing, but resisting it is like trying to resist gravity. One man cannot make a difference, the lone man standing up to overwhelming odds and succeeding is a modern American Fable- there are more productive ways to resist, than to resist openly and verbally aggressively.

    The ideas I have in mind are certainly not for the weak and faint of heart, however no one is ready to do what must be done. Brave words and proclamations make you feel good, but have done nothing to stem the dark night from descending. All the Feel-good-ery is nothing more than mental masturbation and is marking you for elimination in this new paradigm.

    No one is prepared to perform the actions that must be done to back these brave words. As that is the case, the only true course of action is to adapt.

  23. KHarn says:

    “Justme says:February 22, 2013 at 9:00 am”

    Fuck off. You are

  24. KHarn says:


    You are HELPING the oppressors murder others. Kill your neighbors. Kill your friends. kill your FAMILY. As long as YOU are safe, it’s OK.

    Fuck you.

  25. Alphamail says:

    The intruder broke down the door and found the man alone with his wife and children.

    “Don’t shoot me,” the man said, “I’ll wait outside.”

    Three shots were heard as the intruder walked from the house and joined the awaiting husband.

    Down the road they walked, discussing how nice it was to be alive.

  26. Justme says:

    You just don’t get what I mean.

    Do you really think I’d go quiet like when they come? NO.

    They aren’t ready to come yet- but dutifully paying your taxes and handing over everything so that they can give your money and all of the confetti paper that is being printed to everyone around you is plain stupid.

    You guys just don’t get it. I am tired of listening to all of the Conservatives make the big speeches and proclamations and shut up and take anal raping after anal raping. Talk is cheap, no one is DOING anything.

    Face it, with the exception of Reagan, Conservatives have been out in the wilderness since 1960 with but a brief respite in Nixon who by some measures was quite Liberal.

    Since Teddy Kennedy’s disastrous Immigration Reform Act of 1969 – This country has been intentionally flooded and given away. You keep drawing lines in the sand, only to retreat further and draw another. NOW THEY ARE AT YOUR DOORSTEP.

Alibi3col theme by Themocracy