America First Report
SUBSCRIBE
  • Home
  • Type
    • America First Original
    • Cross-Posted
    • All Around the Web
  • Style
    • News
    • Opinions
    • Videos
    • Podcasts
  • About Us
    • Contact
No Result
View All Result
America First Report
  • Home
  • Type
    • America First Original
    • Cross-Posted
    • All Around the Web
  • Style
    • News
    • Opinions
    • Videos
    • Podcasts
  • About Us
    • Contact
No Result
View All Result
America First Report
No Result
View All Result
Home Type America First Original

Bank of America Goes Full-Bigot But NOT for the Reason Everyone’s Saying

Affirmative Action is bad enough. What Bank of America did was sidestep affirmative action and went straight into direct segregation that's designed to keep the poor as poor as possible.

by JD Rucker
September 1, 2022
in America First Original, Podcasts, Videos
BoA (1)

See all the latest videos and articles patriots need to watch and read at Discern.tv.


Bank of America announced a program that will target specific communities in certain cities across the nation with zero-down, zero closing cost mortgages. This is being declared as racist by many conservative pundits, and it definitely is. But it’s actually not racist for the reason most are saying and definitely IS racist for an even worse reason.

Reports coming from many pundits indicate the loans are only for Black and Hispanic borrowers. That’s not true, but it’s actually worse than that. Here are the details according to NBC News [emphasis added]:

Don’t wait for beef to become more scarce. Stock up with the only American company that sells frozen AND freeze-dried beef in the same package. This America First, veteran-owned company is ready to help you eat well today and eat well tomorrow. Use promo code “nocrickets” for 15% off at checkout.

Bank of America said it is now offering first-time homebuyers in a select group of cities zero down payment, zero closing cost mortgages to help grow homeownership among Black and Hispanic/Latino communities.

The option will first become available in certain neighborhoods in Charlotte, Dallas, Detroit, Los Angeles and Miami. The new mortgage, called the Community Affordable Loan Solution, aims to help eligible individuals and families obtain an affordable loan to purchase a home, the bank said.

Applicants do not have to be Black or Hispanic to qualify for the product, a bank representative said.

“Homeownership strengthens our communities and can help individuals and families to build wealth over time,” AJ Barkley, head of neighborhood and community lending for Bank of America, said in a release. “Our Community Affordable Loan Solution will help make the dream of sustained homeownership attainable for more Black and Hispanic families, and it is part of our broader commitment to the communities that we serve.”

The loans require no mortgage insurance — the additional fee typically charged to buyers who put down less than 20% of the purchase price — and no minimum credit score. Instead, eligibility will be based on factors like timely rent payments and on-time utility bill, phone and auto insurance payments. Prospective buyers must also complete a homebuyer certification course provided by Bank of America and federally approved housing counseling partners before they apply for the loan program, the bank said.

The notion that this is for Black or Hispanic borrowers only is incorrect. Whites, Asians, or anyone else living in these Black and Hispanic communities are eligible, and that makes this even MORE racist than had they just done an affirmative action move. By isolating specific communities, they are basically saying that they’ll “help” people in poor communities to stay in their poor communities.

This isn’t just a race-based program. That alone would be terribly racist. This is about segregation. They are taking poor people and telling them to stay in their poor neighborhoods if they want to get a super-special loan.

As I noted in a short episode of today’s America First Report show, Democrats and leftists are inherently racist and often don’t even realize it. By pushing poor people in poor communities to stay in their poor communities, somehow Bank of America feels justified for their racism.

“Nations, states, and central banks are quietly but rapidly shifting their money to precious metals. With bank runs, recession, CBDCs, and worse on the horizon, it’s easy to see why. NOW is the time to learn more about moving portions of your retirement or wealth to a self-directed gold and silver IRA through an America-First, Christian precious metals company.” – JD Rucker (not a financial advisor, just a guy who’s paying attention)


Why Many Americans Will Rollover Their Retirement to a Self-Directed Precious Metals IRA in 2023

Why We “Moderate” a Commentor’s First Post

Tags: Bank of AmericaLedeRacismTop Story
Next Post
Democrats Make Reluctant Admission About Ron DeSantis as 2024 Chatter Heats Up

DeSantis Slams Divisive Dems For Calling GOP Voters ‘Extremists’ & ‘Semi-Fascists’

Comments 1

  1. Wyatt Bower says:
    7 months ago

    And who controls the banks? There you go.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Bypass Big Tech Censors



My Shows

The JD Rucker Show (Rumble)
The JD Rucker Podcast (Apple)
America Out Loud (M-F 8pm ET)
America First Report (Substack)
The Late Prepper (Substack)
End Medical Tyranny (Substack)

Our Sponsors

 
MyPillow Promo Code

MyPatriotSupply

Z-Stack Life

Precious Metals

Bypass Big Tech Censors

  • About Us
  • Contact
  • Home
  • Privacy Policy
Site Operated By JD Rucker.

© 2023 America First Report.

No Result
View All Result
  • Home
  • America First Original
  • Cross-Posted
  • All Around the Web
  • News
  • Opinions
  • Videos
  • Podcasts
  • About Us
  • Contact
  • Privacy Policy

© 2023 America First Report.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?