Sailer vs. Preferential Loans to Minorities

Steve Sailer takes on preferences for minorities, this time preferential small business loans for South Asians, again here:

“In 1982, South Asian immigrant businessmen persuaded the Reagan Administration to reclassify Asian Indians from Caucasian to Asian so that they would be eligible for minority business development low-interest loans from the Small Business Administration and for breaks on federal contracting. (Hasidic Jews were given special privileges in 1982, as well.) According to a 2005 report by the Office of the Inspector General of the SBA: “In 1982, SBA designated “Asian Indian Americans” as a socially disadvantaged group.” “

Jews?…getting preferential treatment?…in this country?…Why never in a million years would I have imagined!  Indian immigrants and Jews started getting preferential treatment in 1982…must be that “conservative” Reagan Administration I’m always hearing about.  Apparently they weren’t content with this…as they managed to top themselves by granting amnesty to illegal immigrants a few years later. 

“The 2010 Census will likely reveal that of the 15 specified racial groups on the Census form, “Asian Indians” have the highest average incomes.”

How freaking “socially disadvantaged” can you be if you have the highest average income in the country?  Supporters of these loans say that they are necessary to help overcome “disadvantages” faced by certain groups.  Isn’t having the highest income of any group proof that they face absolutely no disadvantages at all.  You would think that even a slightly competent lawyer could argue for similar loans on behalf of a white client, citing this fact as evidence that these loans are nothing more than unjustified freebies for minorities.  Conservative institutions/lawyers/foundations?…Hello?…Never mind…I’m sure they have more important things on their plates…They’re probably too busy working on appeals for Jonathan Pollard or something.

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