And there is NO place in all of this where anyone is saying that only blacks will get loans. Not even Eric Phillips is asking for this. They want to ensure that small businesses gain better access to loans.
Given who owns most of the small businesses I find it hilarious that some scream that Indians will be excluded. In fact small business owners will be included. Without regard to race. In fact it will be the banks and not the gov't who will decide on this. The banks allowed to take more risk because 70% of the loan will be guaranteed so their losses will be 30% of the unpaid portion of the default.
As soon as blacks advocate for their rights people like GTAngler get heart attacks. He would rather blacks remain as security guards and cashiers.