Posted on 11/11/2012 6:06:26 PM PST by Altura Ct.
...President Obama intends to close "persistent gaps" between whites and minorities in everything from credit scores and homeownership to test scores and graduation rates.
His remedy — short of new affirmative-action legislation — is to sue financial companies, schools and employers based on "disparate impact" complaints — a stealthy way to achieve racial preferences, opposed 2 to 1 by Americans.
Under this broad interpretation of civil-rights law, virtually any organization can be held liable for race bias if it maintains a policy that negatively impacts one racial group more than another — even if it has no racist motive and applies the policy evenly across all groups.
Equal Outcomes
This means that even race-neutral rules for mortgage underwriting and consumer credit scoring potentially can be deemed racist if prosecutors can produce statistics showing they tend to result in adverse outcomes for blacks or Latinos.
Already, Attorney General Eric Holder has used the club of disparate-impact lawsuits to beat almost $500 million in loan set-asides and other claims out of the nation's largest banks.
In addition to the financial settlements — which include millions in funding for affordable-housing activists — Bank of America, Wells Fargo and SunTrust have all agreed to adopt more minority-friendly lending policies...
Hiring Criminals
...Those who reject minority applicants for credit cards or charge them higher loan rates had better be prepared to prove to Cordray's diversity cops they aren't racist. Many have already decided it's safer to give black and Latino applicants preferential treatment, which of course is racism of another kind.
Other targets of the administration's "racial justice" juggernaut include: standardized academic testing, professional licensing examinations, employee background checks, voter ID requirements, student disciplinary codes, prison sentencing guidelines.
The goal is to equalize outcomes based on race without regard for performance or merit.
(Excerpt) Read more at news.investors.com ...
Will this be applied equally in the cesspool cities like Philadelphia, Chicago, Deetroit, etc., where Democrats OWN the government jobs, top to bottom, and they are 75%+ black in most cases?
Didn’t they do that with home mortgages? What could go wrong? Will affirmative action people run nuclear power plants?
Ping
There is no telling what this crazy racist sumbi7ch will do now that he hasn’t got to run again.
“The goal is to equalize outcomes based on race without regard for performance or merit.”
wtf
Even if businesses are coerced by Obama to institute racist policies those policies will still cause them to be sued and the lawyers make a killing on both sides.
Obama has already shown his contempt for the lower courts and he has a dear dear friend wearing knee pads under his robe for him in the CJ of the SCOTUS.
Another hidden agenda from the voters.
Idiot Americans.
Wait, stop, I’m confused...since 0bama won with all these diversity voters...didn’t they become the new majority?
And if they are the new majority, doesn’t that make the rest of victims?
Now: is that attitude going to permit a viable society? or will it ensure a society in steep decline?
Boy, it is on like donkey kong.
He must laugh himself to sleep each night.
Isn’t Obamaland great?
Now shut your faces and go pay your taxes.
You racists need to pay your fair share. :)
/sarc(?????)
There isn’t much to add what the racist alleged president will do, he hates real achievement and will continue to give away stuff to his people. America is dead.
If you want to be fair to everyone there’s at least 30 different races. How’s a company with 25 employees going to cover that?
Yes, we had the CRA and it’s NINJA loans.
Overwhelm the system.
Next time you fill out a form asking for your race, check the box next to African-American.
No comment.
Failure. Some other presidents they leave it. He pulls up quick to retrieve it.
Good idea. And like Elizabeth Warren dare them to prove otherwise if they actually ask.
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