<p>[The</a> Trillion-Dollar Bank Shakedown That Bodes Ill for Cities by Howard Husock, City Journal Winter 2000](<a href=“http://www.city-journal.org/html/10_1_the_trillion_dollar.html]The”>http://www.city-journal.org/html/10_1_the_trillion_dollar.html)</p>
<p>They say hindsight is 20/20.</p>
<p>For it is these that will reflect the true threat that CRA poses, a threat to the health of cities.</p>
<p>tsk tsk</p>
<p>Moral of the story? Don’t allow the government to burden the banks with archaic requirements for minority homeownership that is biased towards ethnicity rather than sound credit.</p>