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We Fund Dependency

Kurt114 Wrote: Oct 03, 2012 8:33 AM

Accurate, until the last paragraph. Banks were required to make loans based on race, regardless of credit worthiness, in order avoid being accused of discrimination. They were forced to make high risk loans. In other words, they were prohibited from discriminating based on credit history and risk when it came to protected groups. Could it be some of these neighborhoods were red-lined for economic rather than race based reasons? We are all paying the price.

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We Fund Dependency

"There are no jobs!" That is what people told me outside a government "jobs center" in New York City.

To check this out, I sent four researchers around the area. They quickly found 40 job openings. Twenty-four were entry-level positions. One restaurant owner told me he would hire 12 people if workers would just apply.

It made me wonder what my government does in buildings called "job centers." So I asked a college intern, Zoelle Mallenbaum, to find out. Here's what she found:

"First I went to the Manhattan Jobs Center and asked, "Can I get help finding a job?" They told...

Related Tags: Jobs Government Jobs and Economy Dependency