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Sleepy Joe's Plan To Discriminate Against Certain Americans!
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<blockquote data-quote="refineryworker05" data-source="post: 4745496" data-attributes="member: 66082"><p>Yeah that’s Joe Biden’s goal to discriminate against white people, white men. Smh. If one does just a perfunctory reading they’ll discover that during the last big stimulus that the percentage of money to help small businesses didn’t go to black and Latino business owners. So Joe’s message is to those owners who didn’t get helped last time saying we won’t forget you this time. </p><p></p><p>[URL unfurl="true"]https://www.nbcnews.com/business/business-news/why-are-so-many-black-owned-small-businesses-shut-out-n1195291[/URL]</p><p></p><p>[URL unfurl="true"]https://www.entrepreneur.com/article/349583[/URL]</p><p></p><p><strong><em>Minority-owned small businesses stand to be hit the hardest by the pandemic’s economic fallout. Early reports suggest that upwards of <a href="https://www.responsiblelending.org/sites/default/files/nodes/files/research-publication/crl-cares-act2-smallbusiness-apr2020.pdf?mod=article_inline" target="_blank">90 percent </a>of minority and women-owned businesses are not getting the relief loans promised from the government.</em></strong></p><p></p><p>[URL unfurl="true"]https://www.theguardian.com/money/2020/may/06/black-owned-small-business-loans-funding-pandemic[/URL]</p><p><strong><em>Black business owners can face discriminatory hurdles when approaching traditional banks for a business loan that prevents them from building credit and building a relationship with a bank.</em></strong></p><p><strong><em></em></strong></p><p><strong><em><a href="https://www.usu.edu/today/story/usu-research-shows-discrimination-in-small-business-lending-practices" target="_blank">Research</a> has shown that even with the same credit history, black business owners seeking small business loans receive less friendly treatment and information about a bank’s services compared with their white counterparts. In 2017, a Federal Reserve <a href="https://www.clevelandfed.org/en/newsroom-and-events/press-releases/2017/pr-20171108-atlanta-and-cleveland-feds.aspx" target="_blank">study</a> found that, though black business owners apply for small business loans at a higher rate than white business owners, the approval rate for white entrepreneurs is 19% higher than the approval rate for black entrepreneurs.</em></strong></p></blockquote><p></p>
[QUOTE="refineryworker05, post: 4745496, member: 66082"] Yeah that’s Joe Biden’s goal to discriminate against white people, white men. Smh. If one does just a perfunctory reading they’ll discover that during the last big stimulus that the percentage of money to help small businesses didn’t go to black and Latino business owners. So Joe’s message is to those owners who didn’t get helped last time saying we won’t forget you this time. [URL unfurl="true"]https://www.nbcnews.com/business/business-news/why-are-so-many-black-owned-small-businesses-shut-out-n1195291[/URL] [URL unfurl="true"]https://www.entrepreneur.com/article/349583[/URL] [B][I]Minority-owned small businesses stand to be hit the hardest by the pandemic’s economic fallout. Early reports suggest that upwards of [URL='https://www.responsiblelending.org/sites/default/files/nodes/files/research-publication/crl-cares-act2-smallbusiness-apr2020.pdf?mod=article_inline']90 percent [/URL]of minority and women-owned businesses are not getting the relief loans promised from the government.[/I][/B] [URL unfurl="true"]https://www.theguardian.com/money/2020/may/06/black-owned-small-business-loans-funding-pandemic[/URL] [B][I]Black business owners can face discriminatory hurdles when approaching traditional banks for a business loan that prevents them from building credit and building a relationship with a bank. [URL='https://www.usu.edu/today/story/usu-research-shows-discrimination-in-small-business-lending-practices']Research[/URL] has shown that even with the same credit history, black business owners seeking small business loans receive less friendly treatment and information about a bank’s services compared with their white counterparts. In 2017, a Federal Reserve [URL='https://www.clevelandfed.org/en/newsroom-and-events/press-releases/2017/pr-20171108-atlanta-and-cleveland-feds.aspx']study[/URL] found that, though black business owners apply for small business loans at a higher rate than white business owners, the approval rate for white entrepreneurs is 19% higher than the approval rate for black entrepreneurs.[/I][/B] [/QUOTE]
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