Ta-Nehisi Coates on how we created the ghetto

[LuckyTheDog]

A central tenet of Ta-Nehisi Coates’ much-talked about new article in The Atlantic, “The Case for Reparations,” is the widespread practice of mortgage discrimination from the 1930s to the 1960s. At the time, black people were largely cut off from legitimate home mortgages due to the government’s practice of redlining. The Federal Housing Administration, which provided insurance on private mortgages at the time, used red ink to mark neighborhoods where black people lived, meaning they were usually considered ineligible for FHA backing, regardless of their earnings or standing in the community.

VIDEO (AND MORE) HERE: http://wonkynewsnerd.com/ta-nehisi-coates-created-ghetto/

[SMC22307]

1. Kickarooni. (n/t)