All these years after the mortgage meltdown, most well-informed Americans have yet to hear about the existence of the mortgage diversity industry. The number of activists and academics employed by the mortgage diversity biz isn't huge, but it's not insignificant either. And it has a major impact on molding reporting on mortgage and diversity issues. Since all the self-proclaimed experts are rewarded for promoting more lending to the diverse, we get a one-sided view. This industry's conventions don't rival AIPAC's wingding, but they're not insubstantial
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The hot topic is Rep. Maxine Water's Section 342 of the Dodd-Frank Act, which requires hiring lots of diversity compliance officers who will then funnel money to others in the diversity industry.
My old articles are archived at iSteve.com -- Steve Sailer
And there you have it - in a nut-shell, everything that's wrong with modern America.A parasite's parasite, but a parasite that unfortunately has total executive power.
ReplyDeleteSuccessful systems attract parasites.
ReplyDeleteIs that conference for real? I thought it was a parody.
ReplyDelete"Diversity reception?"
ReplyDeleteSomething tells me it probably will resemble the party scene from "Trading Places" in Billy Ray Valentine's new house. Which ended up with the newly well-off host yelling "get the fuck out!"
So, are you giving a keynote address or not? :-)
ReplyDeletehey, how come you never complain about welfare (aka 'subsidies') to midwestern farmers or the fact that in general many of these states receive more federal money than they pay out?
ReplyDeletecould the demographics have something to do with it?
Their spam generator needs some refinement, since it sends emails to their opponents. There must be an algorithm collecting IP addresses from any website mentioning diversity. I am also on that mailing list.
ReplyDeleteLets call it the diversity-industrial complex.
ReplyDeletehey, how come you never complain about welfare (aka 'subsidies') to midwestern farmers or the fact that in general many of these states receive more federal money than they pay out?
ReplyDeleteApples and oranges, Anonymous 8:07, but in general fair enough: let's cut it all out. Farm income will be record high this year by a ways, but make book that the next Farm bill will be even bigger to keep pace with every other bleeding hole in the beast.
Successful systems attract parasites.
ReplyDeleteThis is a depressing thought.
Passive aggressive ankle biter says:
ReplyDelete"hey, how come you never complain about welfare (aka 'subsidies') to midwestern farmers or the fact that in general many of these states receive more federal money than they pay out?
could the demographics have something to do with it?"
When was the last time that farm subsidies crashed the world economy?
( . . . crickets chirping . . . )
Steve doesn't talk about farm subsidies because they are by far the least of our problems right now. The diversity racket is literally killing our civilization and disingenuous white liberals blow a gasket if you point this out. This is the world we live in.
>hey, how come you never complain about welfare (aka 'subsidies') to midwestern farmers<
ReplyDeleteHow come you never complain about the current slave trade in Africa?
Anyone in corporate America during the past 20+ years knows that stuff like this conference is ubiquitous, entirely typical, even wallpaper. What surprises me is anyone's surprise over it.
ReplyDelete