From: lynncjaeger@earthlink.net [mailto:lynncjaeger@earthlink.net]
Sent: Thursday, September 23, 2004 10:54 AM
To: cra@ruralstrategies.org; Comments
Subject: Community Reinvestment - RIN 3064-AC50
Below is the result of your feedback form. It was submitted by
(lynncjaeger@earthlink.net) on Friday, September 24, 2004 at 00:53:49
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name: Lynn C. Jaeger
address: 1125 Colonial Ave
city_st: Roslyn PA
zipcode: 19001
I strongly oppose the proposed rule changes in the Community Reinvestment
Act (RIN 3064-AC50). This action will do harm to rural communities.
: When a program costs the government NOTHING and offers the kind
of proven benefits to our citizens that the Community Reinvestment
Act has, what possible justification could there be to reduce its
effectiveness by allowing banking institutions to opt out? This seems
like a large step toward a bias on the part of the FDIC against the
very people it was formed to protect.
