Origin

Thanks to ABF for this very salient quote:

QUIETLY, behind the scenes, the Clinton Administration is preparing for the biggest regulatory crackdown of recent years. Attorney General Janet Reno is linking up with banking regulators and with HUD Secretary Henry Cisneros to end the supposed epidemic of discrimination against minorities in making home loans. The implications for society at large are ominous."

You want to seek the origins of this current crisis, as I indicated yesterday? Here you go:

Here, as in affirmative-action efforts in hiring, college admissions, and the drawing of voting districts, the Washington establishment is obsessed with "disparate impact," which it equates with racism. In the mortgage-lending area, there is ample evidence of disparate impact to feed this obsession. Data collected by the Federal Government reveal that in 1992, while 16 per cent of white applicants for mortgage loans were rejected, 36 per cent of black applicants were rejected.

So theoretically I SHOULD be able to purchase my Rolls Royce Phantom, doing the logical extension.

You want the actual origin, here it is: the Demorats. Imagine that.

BZ