Obama unleashes ‘Preferences’ juggernaut

More Obama phones on the way. Many more. Now this “Equal Outcomes” thing should make the lawyers happy. Watch them step up and make out of court settlements because it is just too expensive to fight. Maybe one or two might make it to the Supreme Court… in a few years. A new housing bubble now on its way. As an aside, just to remind folks, that Obamacare is filled with this preference thing. Jews, Indians and Asians need not apply.

Here is a memory first:

Obamacare quotas- cut Jews and Asian Doctors-

The word “underrepresented” is inserted into the bill’s language to make it clear the preferences are aimed at giving a leg up to black and Hispanic students. According to the soft bigotry of the left, “underrepresented” is always meant to be read as “black” and “Latino.”

Page 879: “Give preferences to entities that have a demonstrated record of … training individuals who are from underrepresented minority groups or disadvantaged backgrounds.”

“Racial preferences in the Senate Health Care Bill, in addition to being unconstitutional, will not improve health care outcomes for minority patients.” Examining the terms of the race provisions, they said they find them “constitutionally suspect and ill-defined.”

Now the headline of the day: Obama To Unleash Racial-Preferences Juggernaut

If your organization has a policy or practice that doesn’t benefit minorities equally, watch out: The Obama administration could sue you for racial discrimination under a dubious legal theory that many argue is unconstitutional.

President Obama intends to close “persistent gaps” between whites and minorities in everything from credit scores and homeownership to test scores and graduation

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.

Also, the administration sent a chill through the financial industry earlier this year when it announced its new credit watchdog agency will join Justice, as well as HUD, in using the disparate-impact doctrine to enforce civil-rights laws.

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.

Read More At: IBD

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