From: brian lai [mailto:blaictsomh@yahoo.com]
Sent: Friday, October 08, 2004 2:18 AM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
To whom it may concern:
I am merely a citizen, but i think that should mean more than how the
majority of society perceives that term. As a citizen in a free and
democratic nation, it is our responsiblility to act towards social
justice and to aid the oppressed. Our nation is in fact, based upon
these ideals as seen in the Revolution, unfair taxing, lack of
opportunities, etc. However, as a society, we are so caught up on our
own personal independence, we have forgotten the responsibility that
goes with that freedom.
We get so caught up in our ability to speak and choose freely that we
become concerned only with our own choices and our own lives. I believe,
as citizens it is our duty to stand up for those who cannot do so at the
present time. Similarly, i believe businesses hold this responsibility.
In many ways, they exploit (intentionally or unintentionally) needs and
gain profit. Whether this should continue or not holds no concern for me
because it seems to just be that way. However, with gained profit, the
business/individual should and must be responsible on how that money is
spent. With exploitation should come justification. It should be
considered a privilege to be able to aid in whatever ways possible
rather than a duty. However, with free choice, people have a choice to
deny or accept that privilege. It cannot be controlled on the indiviual
level. However, on the corporate level as money and policies are
intertwined and exposed, I believe it is the duty of the government and
busineses to do what is best for the community.
I believe the government can justly ordain how corporations,
businesses, and banks should spend a portion of their profits toward
giving back to the community. As a result and as a concerned citizen i
nearly demand that the changes to the CRA should be rejected. Thank you
for the opportunity to speak.
