From: pianomanjerry@hotmail.com [mailto:pianomanjerry@hotmail.com]
Sent: Saturday, September 25, 2004 7:57 PM
To: cra@ruralstrategies.org; Comments
Subject: SPAM::Community Reinvestment - RIN 3064-AC50
name: Jerry Ciolino
address: 1240 Siggson Ave
city_st: Escondido CA
zipcode: 92027
I strongly oppose the proposed rule changes in the Community Reinvestment
Act (RIN 3064-AC50). This action will do harm to rural communities.
: As a concearned citizen matter of social justice have always been
important to me. I feel that the proposed plan to dismantle the Community
Reinvestment Act to be morally questionable at best. Such a plan
will make it more difficult for poor communites, especially in rural
America to finance affordable housing, community services and development.
America is the wealthiest nation on earth and yet out of all of the
industrialized nations has the highest poverty rate. Studies have
shown that a black child in the slums of Harlem has a lower quality
of life than a child living in Bagledesh. With such desperate poverty
plauging many of our rural communities and urban areas a plan such
as this would be a slap in the face to each and every one of them.