Hey, folks, this is a teachable moment. Democrats just introduced the new bill. It tells you everything you need to know about them. Democrats Racial and Economic Equity Act would require the Federal Reserve to enforce quotas throughout the entire U S economy. Now, under this act, the Feds would have to devise policies to minimize and eliminate racial disparities in employment, wages, and wealth. The Fed will also have
to prevent disparities and access to affordable credit. Now, the Senate sponsors of this race based monstrosity are Elizabeth Warren, Folca Hottess and Kirsten Gila Brandt. In the House, the bill is sponsored by Maxine Waters. Now, instead of dealing with the nation's money supply, keeping watch on inflation, interest rates, and all that, the Federal Reserve would be transformed into an all powerful social justice enforcement agency, using racial fairness
as a cover. Democrats want to give the Fed a new mission to force banks and financial markets to adopt the radical left socialist agenda. They want centralized control over the economy without checks and balances from Congress or the executive branch. Right now, the bill won't get past the Republican Senate or President Trump. But if the Democrats regain power, the enactment of this thing could be a virtual certainty. This is all out and out Marxism, it's anti free market.
It would mean the end of American prosperity. That's why Democrats love it. That's why they want it.