Academics

Academics

Cry Wolf Quotes

The problem with the Community Reinvestment Act is not its goals but its vagueness and ambiguity that have led to a nightmare of documentation, paperwork and formalized process that diverts bankers' time and bank resources from being utilized to serve our communities… we need to build a system of supervision and enforcement that encourages creativity and substance in community reinvestment lending.

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Michael K. Guttau, National Mortgage News

There is no evidence of significant discrimination in mortgage lending.

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George J. Bentson, a specialist in financial regulation at Emory University. New York Times.

The loony-tuners are at it again. The cost of doing business in Oakland is already about the highest in the state. Compared with other cities, adoption of the proposed [living wage] ordinance will drive the cost off the charts.

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Randy Hamilton professor at the University of California, Berkeley. Oakland Tribune.
11/24/1997 | Full Details | Law(s): Living Wage

Present regulations have been effective in protecting human health and our food supply….We do not have a pesticide environmental crisis at this time.

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D. Lyle Goleman, Chairman of the Entomology Department at the Ohio Agricultural Research and Development Center. House Committee on Agriculture.