Related is this 1993 article by Robert Stowe England from the National Review:
http://findarticles.com/p/articles/mi_m1282/is_n25_v45/ai_14779796
I’m certain some folks are sick of me posting this, but the publication date and the content, as well reading this while also remembering the Democrat CRA legislation of 1977 signed by Jimmy Carter, and how that came about over much protest from Economists, Republicans, etc. are important to this discussion.
Another great find... thanks.