Sunday, January 18, 2009
Color of Money Reaction
I'm not sure if you have ever read the series called "Color of Money", but if you have I'm pretty sure you would agree with me in saying that it is very astonishing how blacks of equal qualifications as whites were denied loans for a house. I mean it was 1988 you would think that by then when it comes to money the only color is green but I guess not. This series is news worthy because it shows that only 21 years ago racism against blacks was still present, it just came in a different form. It makes you wonder if the banks in Atlanta or other cities are still doing this. I feel that this information could have been obtain w/o computer use b/c if the banks didn't have computers they still would've had to record where and to who the loans were being given to. The only thing that could've made this story better is if the mayor himself was denied a loan for his house.
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It shocks me to know that banks would pull such a stunt just to keep blacks out of certain neighborhoods. I agree with the notion that when it comes to loans, the only color that should matter is green. It would truly sadden me to discover that this practice was being performed today.
ReplyDeleteI agree with you and the events that had occured in the late 1980's is alive and still occuring today. Even though technology has advanced, as well as african american statis in society has increased,and information is easier to obtain by banks, why is it still hard for african americans to get a loan? or do you feel that some things are better and it has became a little easier for black americans to receive loans?
ReplyDeleteI believe the "Color Of Money" article should be a wake up call for all African Americans. It is shameful that a little of 21 years, racism still exsists.
ReplyDeleteI agree with you money is money and color shouldn't play a factor in it. It's amazing just 21 years ago that this article came out. It shows how today there is still racism going on.
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