Topic: Predatory Lending

3 chapters across the catalog

27: Lift-Gate
• 51:59 - 56:58

27: Lift-Gate

Subprime Loans and the Milieu of Black Media Elites

The hosts discuss the "milieu" or social environment of media figures like Karen Hunter, Stephen A. Smith, and Charlamagne tha God, suggesting they run in the same elite circles. Hunter's pivot from discussing stop and frisk to her personal experience with subprime loans is criticized as conflating two different issues. While acknowledging systemic banking discrimination, the hosts argue that taking a loan one cannot afford also involves personal responsibility.

27: Lift-Gate
• 56:59 - 59:42

27: Lift-Gate

Michael Bloomberg 2008 Comments Blaming Minorities for Market Crash

In 2008, Michael Bloomberg suggested that the end of "redlining" and pressure on banks to lend to poor neighborhoods caused the housing market collapse. Bloomberg argued that redlining was a protective measure and that the crisis began when "local elected officials" forced banks to provide credit to those with poor credit scores. The hosts characterize this as a "pro-redlining" stance that blames minorities for a systemic failure caused by Wall Street leverage.

24: Handle with Care
• 11:28 - 19:07

24: Handle with Care

Cash Giveaways for Black Voters and Predatory Lending Hypocrisy

Allies of Donald Trump, including Pastor Scott in Cleveland, are reportedly holding events where cash is handed out to black attendees to encourage support for the president. Radio host Russ Parr criticized these voters as "low information," yet his own program broadcasts advertisements for predatory payday lenders like WeFixMoney.com. The shift toward monetizing votes is framed as a way to bypass traditional political gatekeepers.