It does periodically examine FDIC-backed banks, and issues them a CRA compliance rating. A highly-rated bank must meet the financing needs of as many community members as possible, and must not discriminate against racial and ethnic groups or certain neighborhoods. However, a bank will not receive a high rating unless it is also maintains "safe and sound banking practices." In other words, the CRA requires banks to lend to working-class families and people of color -- but only when those people have been deemed as creditworthy as anyone else.

2 of 11 Racist Lies Republicans Tell to Avoid Blaming Wall Street for the Financial Crisis. The Community Reinvestment Act forced banks to lower their standards and make loans to all low-income families and people with poor credit -- and find banks that refused to comply. No. The CRA has encouraged banks to lend fairly and responsibly for over 30 years. It does not impose fines.

The Fair Housing Act of 1968 had made it illegal for real estate agents and banks to discriminate against homeowners on the basis of race. Red-lining emerged as a subtle way to continue this discrimination, by declaring, certain neighborhoods as unfit to invest in. By 1977, the results of this practice were becoming too obvious, so Congress stepped and gave lenders a choice: if you want the FDIC to insure your deposits, STOP the redlining. The CRA didn't force lenders to make riskier loans. It required they take each applicant on his own merits and give people in poorer neighborhoods the same chance at a mortgage that everybody else in town was getting. It wasn't about preferential treatment. It was about equality.

Texas want to secede?? but Texans are moochers - “This is welcome news for the state of Texas,” said Sen. Kay Bailey Hutchison. “We need to ensure that farmers, ranchers, landowners and first responders receive the assistance that they need.” The disaster declaration allows the Federal Emergency Management Agency to pick up 75 percent of the cost of battling the blazes, which burned between April 6 and May 3 in rural counties throughout West Texas, the Panhandle and East Texas. Read more: http://www.mysanantonio.com/news/local_news/article/Obama-declares-major-disaster-after-wildfires-1449841.php#ixzz2C3uTy1FA

Texans sure are moochers - “The state demonstrated that the costs that were generated (by the fires) were above and beyond the state and local capabilities,” said Jacqueline Chandler, a spokeswoman for FEMA's regional office in Denton. The political fight broke out in May when FEMA rejected Gov. Rick Perry's request for aid. Perry appealed the decision May 26. In a written statement Friday, Perry said, “President Obama's decision to finally approve a portion of our disaster designation request is good for Texas and some of the communities impacted by this season's wildfires. Read more: http://www.mysanantonio.com/news/local_news/article/Obama-declares-major-disaster-after-wildfires-1449841.php#ixzz2C3unUznA

Texans sure are moochers - “The state demonstrated that the costs that were generated (by the fires) were above and beyond the state and local capabilities,” said Jacqueline Chandler, a spokeswoman for FEMA's regional office in Denton. The political fight broke out in May when FEMA rejected Gov. Rick Perry's request for aid. Perry appealed the decision May 26. In a written statement Friday, Perry said, “President Obama's decision to finally approve a portion of our disaster designation request is good for Texas and some of the communities impacted by this season's wildfires. Read more: http://www.mysanantonio.com/news/local_news/article/Obama-declares-major-disaster-after-wildfires-1449841.php#ixzz2C3unUznA

Texans sure are moochers - “The state demonstrated that the costs that were generated (by the fires) were above and beyond the state and local capabilities,” said Jacqueline Chandler, a spokeswoman for FEMA's regional office in Denton. The political fight broke out in May when FEMA rejected Gov. Rick Perry's request for aid. Perry appealed the decision May 26. In a written statement Friday, Perry said, “President Obama's decision to finally approve a portion of our disaster designation request is good for Texas and some of the communities impacted by this season's wildfires. Read more: http://www.mysanantonio.com/news/local_news/article/Obama-declares-major-disaster-after-wildfires-1449841.php#ixzz2C3unUznA

Texas want to secede?? but Texas is a BIG time moocher - “We will work with FEMA to ensure all affected jurisdictions and entities receive the support they deserve after battling these massive fires since December.” Perry's initial application for aid requested that 252 of Texas' 254 counties be granted “major disaster” status, including Harris, Dallas and Bexar counties. It asked the federal government to pick up 75 percent of the cost of fighting more than 9,000 fires across the state. Read more: http://www.mysanantonio.com/news/local_news/article/Obama-declares-major-disaster-after-wildfires-1449841.php#ixzz2C3vQh8go

Texas want to secede?? but Texas is a BIG time moocher - “We will work with FEMA to ensure all affected jurisdictions and entities receive the support they deserve after battling these massive fires since December.” Perry's initial application for aid requested that 252 of Texas' 254 counties be granted “major disaster” status, including Harris, Dallas and Bexar counties. It asked the federal government to pick up 75 percent of the cost of fighting more than 9,000 fires across the state. Read more: http://www.mysanantonio.com/news/local_news/article/Obama-declares-major-disaster-after-wildfires-1449841.php#ixzz2C3vQh8go

Texas dares to secede?? After cutting funding for local fire departments Rick Perry demands FEMA help http://www.examiner.com/article/after-cutting-funding-for-local-fire-departments-rick-perry-demands-fema-help TEAXS SUCKS!!!!!!!!!!!!!

Texas dares to secede?? and why did Rick Perry cut the fire fighting budget? http://www.texaskaos.net/diary/7014/rick-perry-cut-the-texas-forest-service-budget-by-34-million Rick Perry Cut the Texas Forest Service Budget By $34 Million by: Libby Shaw Tue Sep 06, 2011 at 16:17:27 PM CDT Governor Rick Perry and the super majority of Republican lawmakers voted to cut a whopping $34 million from the Texas Forest Service and rural fire departments. They made this draconian cut knowing that Texas is suffering the ravages of one of the worst droughts in its history.