There will also be programs to place 1 million customers in low-cost checking and savings accounts, partly by opening new branches in minority-majority neighborhoods.
Black households are several times more likely to be what is known as unbanked, meaning they do not have a primary checking account with a traditional bank, or underbanked, where households still rely on high-cost financial services like check cashing, pawn shops and payday loans.
Covering up predatory tactics to ensure growth with virtue signaling is pretty clever.
Black households are several times more likely to be what is known as unbanked, meaning they do not have a primary checking account with a traditional bank, or underbanked
Imagine trying to pretend that the physical distance to the bank has anything to do with this.
where households still rely on high-cost financial services like check cashing, pawn shops and payday loans.
Ah, so JPMorgan have realized this is a market of uneducated suckers who are bad with money that they might be able to take from the pawn shops.
Black and Latino homebuyers and small business owners
Black households are several times more likely to be what is known as unbanked,
Why do they always do this? They add Latino or people of color to their movements in order to payback for slavery, red lining and other shit. Latinos are not discriminated in US, if income discrepancies is enough then we should be discriminating against Pakistani, Indians, Chinese, Japanese, Jews since they have higher income then whites.
They absolutely understand it. The Hispanics understand it, too. They all have plans for the future of America, and none of those plans can begin until heritage America is destroyed.
Asians are currently gaining relative advantage as whites are systematically wrecked. You think Asians are in line to be discriminated against after whites? No they aren't. Because Asians don't respond to accusations of racism or privilege with deference or resources. White guilt won't work on non-whites. They'll entertain whatever mental gymnastics are necessary to advantage themselves, and they'll discard those ideas the moment they target Asians.
Hispanics don't care what happens to the country so long as their demographic ascendancy continues. Who cares what stupid shit the leftists pull today or tomorrow when Hispanics will comprise a super majority in our lifetime. So long as the border remains open, Hispanics will vote for anything. They can always just reverse or end whatever they don't like when they have 51% of the vote.
Ironically, you think all of these racial and ethnic demos are stupid. In reality, everyone is playing the game. Except whites, that is.
Asians are currently gaining relative advantage as whites are systematically wrecked. You think Asians are in line to be discriminated against after whites? No they aren't.
They genuinely are. Harvard and Google have basically admitted to it.
This isn't even new for any of those groups, anywhere in the world. Jews, Chinese, Japanese, and Indians are all highly productive demographics that tend to get targeted with racialist laws (at first) in order to stop them from competing with the domestic majority, and then when that doesn't stop them, those groups themselves turn towards paternalism which only drives resentment against them, causing violence directed at them.
Literally all of those groups are going to be targeted, just as they have been before.
What they don't tend to understand is that paternalism doesn't help them.
Ironically, you think all of these racial and ethnic demos are stupid. In reality, everyone is playing the game. Except whites, that is.
No, I think the wealthy elites of some of these groups (normally related to the culture they bring with them into other countries) tends to promote paternalism once they achieve wealth and it bites them in the ass.
But no demographic is being guided by your ridiculous racial theory of history. No, Hispanics don't see themselves as a single racial block deserving of some sort of racial power and supremacy over others. Hispanic is effectively a political affiliation at this point. Latinos are, on the other hand, far more divided about their interests as it breaks down between culture, national origin, ethnicity, religion, family, etc.
Whites, specifically white southerners, abandoned this racialist nonsense because it did nothing but prevent them from succeeding by having racialist elites pretend to protect them by having white southerners hyper-focus racial tensions, while strangling them politically, and parasitizing them economically. Whites realized that it's all just a fucking racket to keep certain people at the top while the "white trash" lived in squalor.
Oldfag hispanics want the border shut. Universally, they want open borders just until their entire family has migrated. I'm sure if you polled, idk, Irish or Italians about it when they were all flooding in, they'd have been pro-immigration. Now? Not so much. Hispanics are quickly assimilating. This isn't me singing the praises of the Mestizo; just observations.
@SomeBitchIKnow
Black Lives Matter was not founded originally by Alicia Garza, Opal Tometti, and Patrisse Cullors. They became the faces of the movement and they retroactively created that story around them, but the movement itself IS a Communist movement.
In the first days of the Ferguson protests, I noticed a URL at the bottom of a banner.
https://archive.vn/1P6bj
revcom
CutTheCheck was an effort to regain paid protester money in Ferguson in 2015. I have a bunch of pictures of tweets and info, just going to dump them here.
Having a bank account is pretty much mandatory for the poor in Canada since Direct Deposit became a thing. Pretty much everything at every level of government is paid this way, as far as I know, and this process started in the 1990s. Now, it used to be a royal pain in the butt to get an account, but there were laws passed in the Chretien era that forced banks to cut out the bullshit because governments basically wanted to force everyone from welfare to pensioners to tax return getters to get a fucking bank account so that they could just do DD. It is much better, the banks aren't such ducking fickheads that they used to be, and there's no worrying about lost or stolen cheques. I have no idea who still uses Money Mart any more.
Some black people -- truly a minority, but some -- are unbanked. The majority of these are older black people that don't trust banks. I can't say I blame them. JP Morgan knows that. So you can bet whatever they are saying is a lie of some sort or another. Likely this is some sort of attempt to get more government money.
If 99% of white people have a bank account, and only 96% of black people do, voila. Several times more likely to be unbanked.
Covering up predatory tactics to ensure growth with virtue signaling is pretty clever.
Imagine trying to pretend that the physical distance to the bank has anything to do with this.
Ah, so JPMorgan have realized this is a market of uneducated suckers who are bad with money that they might be able to take from the pawn shops.
Straight up lying here.
That's literally the whole point of all of this.
Financial Inclusion, by Mastercard. Please, help us push all of Africa into Europe so we can credit trap them.
Correct. That's basically the scam.
The socialists are fighting for corporate wage-slavery.
Why do they always do this? They add Latino or people of color to their movements in order to payback for slavery, red lining and other shit. Latinos are not discriminated in US, if income discrepancies is enough then we should be discriminating against Pakistani, Indians, Chinese, Japanese, Jews since they have higher income then whites.
Every one of those groups is on the list, they just don't understand it yet.
They absolutely understand it. The Hispanics understand it, too. They all have plans for the future of America, and none of those plans can begin until heritage America is destroyed.
Asians are currently gaining relative advantage as whites are systematically wrecked. You think Asians are in line to be discriminated against after whites? No they aren't. Because Asians don't respond to accusations of racism or privilege with deference or resources. White guilt won't work on non-whites. They'll entertain whatever mental gymnastics are necessary to advantage themselves, and they'll discard those ideas the moment they target Asians.
Hispanics don't care what happens to the country so long as their demographic ascendancy continues. Who cares what stupid shit the leftists pull today or tomorrow when Hispanics will comprise a super majority in our lifetime. So long as the border remains open, Hispanics will vote for anything. They can always just reverse or end whatever they don't like when they have 51% of the vote.
Ironically, you think all of these racial and ethnic demos are stupid. In reality, everyone is playing the game. Except whites, that is.
I hope you are wrong but inside I fear you are correct.
They genuinely are. Harvard and Google have basically admitted to it.
This isn't even new for any of those groups, anywhere in the world. Jews, Chinese, Japanese, and Indians are all highly productive demographics that tend to get targeted with racialist laws (at first) in order to stop them from competing with the domestic majority, and then when that doesn't stop them, those groups themselves turn towards paternalism which only drives resentment against them, causing violence directed at them.
Literally all of those groups are going to be targeted, just as they have been before.
What they don't tend to understand is that paternalism doesn't help them.
No, I think the wealthy elites of some of these groups (normally related to the culture they bring with them into other countries) tends to promote paternalism once they achieve wealth and it bites them in the ass.
But no demographic is being guided by your ridiculous racial theory of history. No, Hispanics don't see themselves as a single racial block deserving of some sort of racial power and supremacy over others. Hispanic is effectively a political affiliation at this point. Latinos are, on the other hand, far more divided about their interests as it breaks down between culture, national origin, ethnicity, religion, family, etc.
Whites, specifically white southerners, abandoned this racialist nonsense because it did nothing but prevent them from succeeding by having racialist elites pretend to protect them by having white southerners hyper-focus racial tensions, while strangling them politically, and parasitizing them economically. Whites realized that it's all just a fucking racket to keep certain people at the top while the "white trash" lived in squalor.
Oldfag hispanics want the border shut. Universally, they want open borders just until their entire family has migrated. I'm sure if you polled, idk, Irish or Italians about it when they were all flooding in, they'd have been pro-immigration. Now? Not so much. Hispanics are quickly assimilating. This isn't me singing the praises of the Mestizo; just observations.
Keep throwing money at a problem that doesn't exist
They're not. They're inventing a problem so that they can attack people who won't comply with the racket. It's a purge and a payoff.
May I interest you in Soros-funded "revolutionary communist" BLM paid protestors?
https://archive.vn/usjqr
https://threadreaderapp.com/thread/1312552844231421955.html
https://archive.vn/Pexje
Oh nice, too big to fail banks wasting shareholders' and taxpayers' money on virtue-signaling.
That's like saying a terrorist is wasting his money on bullets to shoot people with. They know what they are doing.
Marxist theft.
30 billion dollars to fund CRT propaganda, the revolution is highly profitable indeed!
sounds like they should be investigated
Corporate Finance is well aware of the fact that they are using this nonsense as a weapon. I've been trying to point that out for over a year now.
JP Morgan also happens to be stocking up on vast supplies of precious metals.
Having a bank account is pretty much mandatory for the poor in Canada since Direct Deposit became a thing. Pretty much everything at every level of government is paid this way, as far as I know, and this process started in the 1990s. Now, it used to be a royal pain in the butt to get an account, but there were laws passed in the Chretien era that forced banks to cut out the bullshit because governments basically wanted to force everyone from welfare to pensioners to tax return getters to get a fucking bank account so that they could just do DD. It is much better, the banks aren't such ducking fickheads that they used to be, and there's no worrying about lost or stolen cheques. I have no idea who still uses Money Mart any more.
Some black people -- truly a minority, but some -- are unbanked. The majority of these are older black people that don't trust banks. I can't say I blame them. JP Morgan knows that. So you can bet whatever they are saying is a lie of some sort or another. Likely this is some sort of attempt to get more government money.
If 99% of white people have a bank account, and only 96% of black people do, voila. Several times more likely to be unbanked.
Comment Reported for: Rule 2 - Violent Speech
Rule 2 - Calm down a bit.