From: Alita Kiaer [mailto:kiaers@comcast.net]
Sent: Tuesday, September 07, 2004 6:32 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
Dear FDIC,
I am appalled that the Community Reinvestment Act may be weakened by
relieving many banks of their obligation to provide investments in
low-income areas. Loans for these areas would help low and
moderate-income families as well as their entire neighborhoods to
improve their economic situations. How can Bush and his cronies
undermine this fine program? I would like to go on record by saying that
this step is just one more effort to help the rich and undermine
the poor. It's unkind, unhelpful, unproductive in the long run, immoral,
and unAmerican.
Sincerely yours,
Alita Kiaer