The Clinton administration has turned the Community Reinvestment Act, a once-obscure and lightly enforced banking regulation law, into one of the most powerful mandates shaping American cities—and, as Senate Banking Committee chairman Phil Gramm memorably put it, a vast extortion scheme against the nation’s banks. Under its provisions, U.S. banks have committed nearly $1 trillion for inner-city and low-income mortgages and real estate development projects, most of it funneled through a nationwide network of left-wing community groups, intent, in some cases, on teaching their low-income clients that the financial system is their enemy and, implicitly, that government, rather than their own striving, is the key to their well-being.

Read the whole article.

http://www.city-journal.org/html/10_1_th e_trillion_dollar.html

You ask, “how do we bring this to pass?”

Can’t do it with the established two-party system. Only a movement to elect leaders and representatives that run outside that system and are not dependent on it for support.

Before the internet connected us all that wouldn’t be worth even thinking about. Impossible. Now it is just extremely difficult, no longer inconceivable.

2+ million of us are already involved here: http://www.americanselect.org/

Good article, thanks for speaking up. If the media won’t give voice to the people’s concerns, as opposed to the 1%’s concerns, we are doomed as well.

Get ready for third-world status America, because that’s where we are headed…

I agree completely. Now, how do we bring this to pass?