Quotas are Racist

Women already out number men in the work force. Diversity hiring is already far surpassing any era in history, but it’s not enough for the bean counters and corrupt bureaucrats. It’s a power game. And this could be very bad for business because it demands people be hired by their race over their talent. That’s how it will play out. How else did Obama get so far, so fast with little to show for it? Affirmative action nonsense.

In a major power grab, the new (Dodd-Frank financial regulationl) law inserts race and gender quotas into America’s financial industry.

In addition to this bill’s well-publicized plans to establish over a dozen new financial regulatory offices, Section 342 sets up at least 20 Offices of Minority and Women Inclusion. This has had no coverage by the news media and has large implications.

The Treasury, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, the 12 Federal Reserve regional banks, the Board of Governors of the Fed, the National Credit Union Administration, the Comptroller of the Currency, the Securities and Exchange Commission, the new Consumer Financial Protection Bureau…all would get their own Office of Minority and Women Inclusion.

Each office would have its own director and staff to develop policies promoting equal employment opportunities and racial, ethnic, and gender diversity of not just the agency’s workforce, but also the workforces of its contractors and sub-contractors.

Putting any group to the back of the line so some other group can do better is favoritism. Doing it based on race is racist. This is how “progressives” operate. Even though this bill was written by two old white men, it will punish white men who are already vilified by the media and the culture. Obama’s post-racial America isn’t one.

Democrats are trying to ensure they will be the ruling party in the future, so they are trying to gerrymander every aspect of society to make sure it is controlled by “the right people”. People they think will see them as being “on their side”. Except when you destroy economies and business, you will not be loved. And that is if they get this nightmare through. We shall see.