Unequal Burden: Income and Racial Disparities

Justice, what does it mean? After reading the report about subprime loans, I just wondered what it means to the people in the third world. This is happening here today, in the United States. In the third world it is worse. Here is the last paragraph that made me wanna...:

Key findings of the Department of Housing and Urban Development analysis show that: 1) From 1993 to 1998, the number of subprime refinancing loans increased ten-fold. 2) Subprime loans are three times more likely in low income neighborhoods than in high-income neighborhoods. 3) Subprime loans are five times more likely in black neighborhoods than in white neighborhoods. 4) Homeowners in high-income black areas are twice as likely as homeowners in low-income white areas to have subprime loans. Cont.

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