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.
Mr. Ankeny, a former director of the Bureau of Mines, has made the statement publicly that passage of bills would not be expected to reduce the accident rate. Therefore, how can we, in logic or in good conscience, say that we are going to pass…a bill to improve the safety record, when two previous directors of the Bureau of Mines said that passage of laws would not reduce the accident rate?
…this is no time to put additional burdens on employers and employees and State administrations. Recent legislation has created plenty of burdens without adding the one. It is an extremely dangerous time to discuss raising labor costs in the sense of labor costs per unit.
Mr. Forbes, a former director of the Bureau of Mines has gone on record as saying that accidents are problems of human failure and that if the Bureau and industry are going to correct these accidents that they have to be attacked through the medium of correction within the human mind, and the human body, and the man has to be made to act safely.
