Friday, June 28, 2013

Obama's Race To Racism

While the Supreme Court rolls back the Voting Rights Act of 1965, condemning it as an unnecessary vestige of the civil-rights era, President Obama is acting as if America were still in the mid-'60s.


His race-obsessed administration is bringing racial preferences and affirmative action back with a vengeance.

And it's doing so outside the legislative process, largely behind the scenes, through executive orders, regulations and prosecutions, effectively expanding existing civil-rights law.
Consider the following race-based policy moves, which have gone largely unreported by the major media — and unnoticed by the general public (which polls show overwhelming oppose racial quotas in college and hiring and other favoritism):

To boost minority hiring, the EEOC recently warned employers they could be considered guilty of "race discrimination if they choose law-abiding applicants over applicants with criminal convictions." The predictable result: hiring quotas for felons.

At the same time, the Labor Department is warning federal contractors to refrain from asking employees about felonies.

It's also demanding they modify their hiring policies to favor minorities.

The agency also advised that all FDIC-insured banks must develop and implement an "affirmative action program" for hiring.

The administration, moreover, has adopted an interagency "Policy Statement on Discrimination in Lending" that makes it "permissible" (and strongly advisable) for banks to apply more favorable lending terms for minority borrowers "to address past discrimination."

It has also formalized the use of a lower standard of proof — "disparate impact" liability — for enforcing anti-discrimination laws in housing and lending.

Now, just about any race-neutral policy or practice — from mortgage underwriting standards to credit scoring to criminal background checks — can be deemed racist if it tends to result in adverse outcomes for blacks or Latinos.

For the first time, disparate impact is woven through all civil-rights enforcement of the federal government.

Thanks to a flurry of disparate-impact suits, the Justice Department has forced the nation's largest home lenders — including Wells Fargo, Bank of America and SunTrust — to adopt minority-friendly lending policies and even open new branches in depressed areas with large minority populations.

Fearing prosecution, the entire mortgage industry is adopting similar policies.
In addition, the department has extracted from these and other bank defendants more than $600 million in loan set-asides and other cash payouts for yet-to-be identified "victims" of credit discrimination.

Meantime, Obama's new credit watchdog agency, the Consumer Financial Protection Bureau, is subjecting car lenders to the same racial "effects test" while investigating racial bias at Equifax, Experian, TransUnion and other consumer credit reporting agencies.

Read The Entire Story : Investors' Business Daily


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