Seels, Meter and John Dennis (yes, I was shocked) corrected him on this. Callahan just huramphed and moved on. Which is becoming Callahan's MO these days, a few days ago he was crabbing about the CRA and how the people who created this act are the ones to blame for the financial state that we're in today. "Can you imagine that they want to give loans to anyone who walks into a bank? That's why we're where we are," Callahan said.
A person who works for a bank called up and said that the CRA doesn't do that, but was created so that if you have the qualifications but live in a poor section, you would get the same loan consideration as someone who has the same qualifications but lives in a more affluent part of the state or town. He said that the CRA has nothing to do with approving people's loans and that you still have to have a good job, good credit, etc. Callahan shot back, "But what about blind loans? Huh, what about those?" The guy explained that the CRA has nothing to do with blind loans and those were given by greedy or idiotic loan officers.
Callahan listened to the guy (I guess, he could've been making the old jerk off motion) and when the guy hung up started on a rant about a story that he read recently where a woman was given a $150,000 mortgage despite the fact that she was on welfare making about $18,000 a year. He ended his rant by saying, "See? That's the CRA in action!"
It's not that Callahan is a border-line racist, it's that he's such a fucking idiot that he will only stick to what he thinks he knows. No matter how many times he's proven incorrect, he still falls back on his initial thought. And this is why Gerry Callahan has the mind of a young child. He doesn't learn, he doesn't comprehend things, he doesn't understand. My daughter is 15 months old, every night she stands in the tub. Every night my wife and I tell her to sit down or she's going to fall. Every night she falls and freaks herself out. One of these days, something is going to click. The same can't be said for Callahan.
