Posted on 09/28/2008 8:12:12 PM PDT by demoskowitz
The diversity racketeers’ minority contracting shakedown, which I flagged yesterday, is alive and well in the bill:
ADDITIONAL CONTRACTING REQUIREMENTS.—In any solicitation or contract where the Secretary has, pursuant to subsection (a), waived any provision of the Federal Acquisition Regulation pertaining to minority contracting, the Secretary shall develop and implement standards and procedures to ensure, to the maximum extent practicable, the inclusion and utilization of minorities (as such term is defined in section 1204(c) of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (12 U.S.C. 1811 note)) and women, and minority and women-owned businesses (as such terms are defined in section 21A(r)(4) of the Federal Home Loan Bank Act (12 U.S.C. 1441a(r)(4)), in that solicitation or contract, including contracts to asset managers, servicers, property managers, and other service providers or expert consultants.
AND.....
Reader Robert calls attention to another micro-meddling section:
SEC. 124. HOPE FOR HOMEOWNERS AMENDMENTS. Section 257 of the National Housing Act (12 U.S.C. 1715z-23) is amended— (1) in subsection (e)— (A) in paragraph (1)(B), by inserting before ‘‘a ratio’’ the following: ‘‘, or thereafter is likely to have, due to the terms of the mortgage being reset,’’; (B) in paragraph (2)(B), by inserting before the period at the end ‘‘(or such higher percentage as the Board determines, in the discretion of the Board)’’; (C) in paragraph (4)(A)— (i) in the first sentence, by inserting after ‘‘insured loan’’ the following: ‘‘and any payments made under this paragraph,’’; and
(ii) by adding at the end the following: ‘‘Such actions may include making payments, which shall be accepted as payment in full of all indebtedness under the eligible mortgage, to any holder of an ex6 isting subordinate mortgage, in lieu of any future appreciation payments authorized under subparagraph (B).’’
Robert asks: “Is this about renegotiating mortgage rates of existing mortgages? Did I just get screwed for paying a point to lock in 5% fixed rate when my %^&*# neighbor went with no points adjustable rate? How the hell is this fair? I want his new rate and MY POINT BACK!”
Otherwise we need to kick them out..
This is discrimination.
well, if a corporation were owned by
chicoms,
then they’d get preference over white folks.
/s
And who pays if THEY fail?
Short answer, that is what it is and it also kicks the door open for acorn to walk in, someone will need to represent these people. But remember it is "Bipartisan", a word that the rino republicans will need to live with until thrown out of office. I guess after the next cycle the demorats will have a 60% vote in the senate and a 60 % margin in the house.
Okay, do they mean Hispanic businesses? or just African-American ones?
Rainbow as in acorn!
They only mean Hispanic businesses if the owners are "undocumented" and thus obviously discriminated against.
Remember: it’s only discrimination if it doesn’t favor minorities. :D
Have a nice day and keep voting Democrat.
DId this cut out Alaska Native owned Corps
OR
Alaska Native women owned
OR
Alaska Native, woman and disabled owned????
(Yes, these are real sub-sub-sub catagories that allow for no bid contracts )
SOunds like the “Fine print” is where allof the mischief will happen - as always.
BTW - did they do anything smart - like suspend 100% the capital gain tax for 3 or 4 years?
Uh, you may not realize it, but these firms routinely get preference in just about all types of Federal contracts. Its just SOP.
CALL PELOSI AND THE CRIMINAL DEMOCRATS TOMORROW!! OUR CONSERVATIVE PATRIOTS HAVE DONE ALL THEY CAN!!
GIVE QUEEN PELOSI AND KING REID HELL!!
WE NEED TO KICK THEM TO THE CURB!!
SOP = Screw Ordinary People.
Minorities, women and Queens residents will play a major role in the city’s redevelopment of Willets Point under a plan established by a task force led by Queens Borough President Helen Marshall. A minimum of 20% of the total dollar value of construction contracts will be awarded to minority-owned firms; 5% will go to women-owned companies and 25% will be reserved for Queens-based outfits, a memo from the task force says. Those groups will also be represented among construction workers, with a minimum of 35% of work hours reserved for minority construction workers and an additional 10% for women. A preference will be given to residents of nearby Corona, Flushing and East Elmhurst, as well as to displaced workers from Willets Point.
[url=”http://foreclosures.gov-auctions.org”]Foreclosed Homes[/url]
Hispanic, African-American, Queers, Single women, Transgenders, you name it, everything except white middle class.
What you never heard of SBA 8a program or DBE,MBE,WBE program?... this has been going on for years
Actually, SOP is Standard Operating Procedure.
I know. I write and revise them at work.
I was being facetious.
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