just because democracy didn t produce the results they wanted . they still plan to change the suburbs forever by getting rid of them. joe biden s hud secretary, marcia fudge, a former member of congress explained last year the administration was concerned that african americans cannot afford homes not because they re poor, but because home appraisers are racist watch. what the president has said, is that we have to look at everything through a lens of equity. and so what? we have realizes that people selling homes that just as the person you were talking about, and even people buying homes if their appraisal is not correct, what we find especially as a black people in communities of color and underserved communities is we lose great wealth just through the appraisal process. notice here the seizing of the moral high ground big picture. if the party ministration got about african americans they probably wouldn t withdrawal the police were american but in point of fact, for
she never asked. stephanie , fanboyss it and economists, ceo, macro maven. she joins us tonight to assess. stephanie , thanks so much for coming. so, as always, the beneficiaries of these schemes are never the people who they tell you they are. oh, the oppressed, the hopeless. the hopeless. their donorsjo who are buying ua residential homes and turning them into rental propertiemethe s. turnin s. turnin democratic donors. thank you. f that old expression, those who refuse to learn from history are doomed to repeat it. we tried this exercise underse r george bush when they decided that we needed to create they de ownership society and the bush administration in conjunction with fannie mae and freddie mac. you ll recall franklin raines fi and barney frank all gote in and decided that we needed to me to make it easier for people to become homeowners.omeown wholecome homeowners.omeown that whole situation worked