{"id":43971,"date":"2022-09-08T11:52:13","date_gmt":"2022-09-08T15:52:13","guid":{"rendered":"https:\/\/nationalcenter.org\/?p=43971"},"modified":"2022-09-21T15:53:22","modified_gmt":"2022-09-21T19:53:22","slug":"shepard-boas-race-based-loans-serve-its-woke-execs","status":"publish","type":"post","link":"https:\/\/nationalcenter.org\/ncppr\/2022\/09\/08\/shepard-boas-race-based-loans-serve-its-woke-execs\/","title":{"rendered":"Shepard: BOA&#8217;S Race-Based Loans Serve Its Woke Execs"},"content":{"rendered":"<p>In his\u00a0<a href=\"https:\/\/www.realclearmarkets.com\/articles\/2022\/09\/08\/bank_of_americas_equity_racial_discrimination_elitism_fraud_and_bad_business_852101.html\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/streaklinks.com\/BJ6wqWin54fvd_cNewquV6kX\/https%253A%252F%252Fwww.realclearmarkets.com%252Farticles%252F2022%252F08%252F05%252Fthe_chickens_of_woke_are_coming_home_to_roost_on_business_heads_846307.html&amp;source=gmail&amp;ust=1660057004959000&amp;usg=AOvVaw0whP47LGfpywtEikVDypC1\">latest commentary for Real Clear Markets<\/a>,\u00a0<a href=\"https:\/\/streaklinks.com\/BJ6wqWmPzxLhHumPUwroLOzO\/https%3A%2F%2Fnationalcenter.org%2Fprograms%2Ffree-enterprise-project%2F\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/streaklinks.com\/BJ6wqWmPzxLhHumPUwroLOzO\/https%253A%252F%252Fnationalcenter.org%252Fprograms%252Ffree-enterprise-project%252F&amp;source=gmail&amp;ust=1660057004959000&amp;usg=AOvVaw2SkOQNqjhqdarhRby2pcQv\">Free Enterprise Project<\/a>\u00a0Director\u00a0<a href=\"https:\/\/streaklinks.com\/BJ6wqWqMDE8FQwK2UwxzEIny\/https%3A%2F%2Fnationalcenter.org%2Fncppr%2Fstaff%2Fscott-shepard%2F\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/streaklinks.com\/BJ6wqWqMDE8FQwK2UwxzEIny\/https%253A%252F%252Fnationalcenter.org%252Fncppr%252Fstaff%252Fscott-shepard%252F&amp;source=gmail&amp;ust=1660057004959000&amp;usg=AOvVaw0gnbBfx9MeeuqHkaL1gZpt\">Scott Shepard<\/a> satirizes Bank of America&#8217;s racial &#8220;equity&#8221; mortgage program that would provide loans for black and Hispanic first-time homebuyers but not white ones.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\" wp-image-42549 alignleft\" src=\"https:\/\/nationalcenter.org\/wp-content\/uploads\/2022\/03\/Scott-Shepard-214x300.jpeg\" alt=\"Scott Shepard\" width=\"157\" height=\"220\" srcset=\"https:\/\/nationalcenter.org\/wp-content\/uploads\/2022\/03\/Scott-Shepard-214x300.jpeg 214w, https:\/\/nationalcenter.org\/wp-content\/uploads\/2022\/03\/Scott-Shepard.jpeg 300w\" sizes=\"(max-width: 157px) 100vw, 157px\" \/>&#8220;This is astonishing and pernicious on so many levels. There is first, of course, the concern about giving mortgages to people with bad credit ratings or little savings. But it also provides a clear illustration of how white billionaires are trying to buy unnecessary absolution for their wealth by crushing poor (and, inevitably, middle class) \u201cnon-diverse\u201d people,&#8221; writes Scott.<\/p>\n<p>To read the full piece, click\u00a0<a href=\"https:\/\/www.realclearmarkets.com\/articles\/2022\/09\/08\/bank_of_americas_equity_racial_discrimination_elitism_fraud_and_bad_business_852101.html\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/streaklinks.com\/BJ6wqW6fn06ukfCPQA3i1bYm\/https%253A%252F%252Fwww.realclearmarkets.com%252Farticles%252F2022%252F08%252F05%252Fthe_chickens_of_woke_are_coming_home_to_roost_on_business_heads_846307.html&amp;source=gmail&amp;ust=1660057004959000&amp;usg=AOvVaw2d9jZ3u74msAYjV-hEr9sz\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In his\u00a0latest commentary for Real Clear Markets,\u00a0Free Enterprise Project\u00a0Director\u00a0Scott Shepard satirizes Bank of America&#8217;s racial &#8220;equity&#8221; mortgage program that would provide loans for black and Hispanic first-time homebuyers but not white ones. &#8220;This is astonishing and pernicious on so many levels. There is first, of&#8230;<\/p>\n","protected":false},"author":25,"featured_media":43972,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74,35,30],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Shepard: BOA&#039;S Race-Based Loans Serve Its Woke Execs - The National Center<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalcenter.org\/ncppr\/2022\/09\/08\/shepard-boas-race-based-loans-serve-its-woke-execs\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ethan Peck\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/nationalcenter.org\/ncppr\/2022\/09\/08\/shepard-boas-race-based-loans-serve-its-woke-execs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/nationalcenter.org\/ncppr\/2022\/09\/08\/shepard-boas-race-based-loans-serve-its-woke-execs\/\"},\"author\":{\"name\":\"Ethan Peck\",\"@id\":\"https:\/\/nationalcenter.org\/#\/schema\/person\/843f092e68feef130adeb9e16576cc98\"},\"headline\":\"Shepard: BOA&#8217;S Race-Based Loans Serve Its Woke Execs\",\"datePublished\":\"2022-09-08T15:52:13+00:00\",\"dateModified\":\"2022-09-21T19:53:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/nationalcenter.org\/ncppr\/2022\/09\/08\/shepard-boas-race-based-loans-serve-its-woke-execs\/\"},\"wordCount\":110,\"publisher\":{\"@id\":\"https:\/\/nationalcenter.org\/#organization\"},\"image\":{\"@id\":\"https:\/\/nationalcenter.org\/ncppr\/2022\/09\/08\/shepard-boas-race-based-loans-serve-its-woke-execs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/nationalcenter.org\/wp-content\/uploads\/2022\/09\/Bank-of-America-mortgage.jpeg\",\"articleSection\":[\"Blog\",\"Featured\",\"Free Enterprise Project\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalcenter.org\/ncppr\/2022\/09\/08\/shepard-boas-race-based-loans-serve-its-woke-execs\/\",\"url\":\"https:\/\/nationalcenter.org\/ncppr\/2022\/09\/08\/shepard-boas-race-based-loans-serve-its-woke-execs\/\",\"name\":\"Shepard: BOA'S Race-Based Loans Serve Its Woke Execs - 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