From: isbell@ai.mit.edu (Charles L Isbell)
Newsgroups: alt.discrimination,soc.culture.african.american,misc.education
Subject: Re: Institutional racism in education
Date: 30 Dec 92 11:58:45
Organization: MIT Artificial Intelligence Laboratory
Distribution: usa
	<ISBELL.92Dec28142432@pop-tarts.ai.mit.edu>
	<1992Dec29.025924.21426@samba.oit.unc.edu>
NNTP-Posting-Host: pop-tarts.ai.mit.edu
In-reply-to: Terry.Parks@launchpad.unc.edu's message of Tue, 29 Dec 1992 02:59:24 GMT

Terry.Parks@launchpad.unc.edu (Terry Parks) writes:
|>Just two months ago, the Boston
|>branch of the Federal Reserve Bank completed a study of loan
|>applications where they used all *39* official attributes that lending
|>institutions use to evaluate potential lendees and found that with all
|>things being equal, Blacks and Hispanics were less likely than their
|>White counterparts to get a loan.

|Any hints as to where this study's results were published? Given
|the recent study of over 5.3 million mortgage applications did
|not yield any cases of racial bias, why the funding of another study?
|Maybe to come up the the "right" results this time? Anyway, could
|"less likely" be quantified? Maybe the confidence interval could
|be given (surely the study producers know what a confidence interval
|is)?

I read about this particular study in the Boston Globe.  Why don't you
try calling and asking about it?  I'm sure they'll help you.  I also
recall reading about it in the New York Times.

|>This was the first study of its kind to use all these 39 attributes.
|And how were they used?

To your chagrin apparently.

|>Prior studies simply used income and value of a home (they tended to
|>study mortgages).

|"Simply", good description given that a $500,000 income was considered
|the same as a $50,000 income.

Can you document this or are you making it up?

|>In short, you are completely wrong.  In fact, your assertion that
|>"they cooked the data to introduce a racial bais, one that poor Blaks
|>receive fewer loans than wealthy Caucasians" is painfully false.  Even
|>the early studies controlled for wealth and assets.

|What else would you call this "liberal" use of the term "same income"?

A figment of your imagination?

|>And since the
|>reports I've seen and/or read about have always gone to great pains to
|>show this, I am forced to wonder whether you are either completely
|>insane, purposefully ignorant and/or intentionally lying.

|I must wonder whether you think 500,000 is the same as 50,000 or
|whether you think it is the same when it serves the cause.

No they are not the same.  Thanks for playing, Terry.
--
Peace.
                     "When society acknowledges you as one of its victims 
                      rather than one of its members, it no longer has 
                      any responsibility to help you."
                                - Kyle Baker, Why I Hate Saturn
                                   -\--/-
    Don't just adopt opinions     |  \/  |       Some of you are homeboys
          develop them.           |  /\  | but only I am The Homeboy From hell
                                   -/--\-

Xref: sparky alt.discrimination:5437 soc.culture.african.american:13179 misc.education:5488