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FDIC Federal Register Citations



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FDIC Federal Register Citations


From: Npiinc2000@aol.com [mailto:Npiinc2000@aol.com]
Sent: Friday, September 17, 2004 2:22 PM
To: Comments
Cc: info@ruralstrategies.org
Subject: CRA Rqmts.

17 Sep 2004

To: Donald Powell, Chairman FDIC

The FDIC proposal to dilute CRA
requirements, and allow many banks to escape responsibility for loan
support to poor rural communities, is sabotage. As reported by OCM
(the Organization for Competitive Markets), USDA has been hijacked
by high-level appointees with ties to corporate agribusiness. The net
result is that efforts to support small farmers, and impoverished rural
areas, are being diluted and reduced to a "token actions." USDA has
gone so far as to attempt the sabotage of organic farming regulations
since organic farming benefits small farmers far more than it does any
large agribusiness. As was documented in the recent Pigford case, the
courts determined that USDA discriminates against small farmers. In
my opinion, many USDA bureaucrats are proud of this fact, and they
are willing to pay millions of dollars in fines to continue their very very
negative and discriminatory actions. A number of homeland security
experts believe that having a strong and vigilant national communities of
small farmers are essential for effective biosecurity. I therefore consider
your efforts to dilute CRA requirements to be an act of sabotage directed
at our national security. You need to think again before you proceed with
such an act of sabotage. I pray you will do so.

David A. Nuttle

P.S. I am a former GS-14 CIA Special Operations Officer, with extensive
training in counterterror, homeland security, and biosecurity. (My comment
about your intended act of sabotage is based upon experience.)


 


 

Last Updated 09/28/2004 regs@fdic.gov

Last Updated: August 4, 2024