Wednesday, July 21, 2010

Leftist Elitism > How Financial Reform Discriminates -- Unless Your Daughter Goes to Wellesley

By Terry Jeffrey

image If your child is the correct gender and has the right grades, and you are poor enough to get financial aid or rich enough to pay the $49,898 in annual fees, your daughter can attend Hillary Clinton's alma mater of Wellesley and put herself in position to capitalize on a special provision in the financial reform bill that just passed Congress that mandates that the Treasury Department, the Federal Reserve banks and all other federal financial regulatory agencies recruit people like her as workers.

If your child is a boy, forget it. He does not qualify to benefit from this provision.

If your daughter decides she would rather attend the University of Virginia, or Michigan, or Notre Dame, or Georgetown, or even Harvard, Princeton or Yale, you can also forget it. She is just not the right kind of girl.

That is because to benefit from this provision you must attend a "women's college" such as Mount Holyoke, Smith, Bryn Mawr or Wellesley.

These are among the places where the financial reform bill mandates that federal financial regulatory agencies must recruit workers. Section 342, subsection (f) of the bill states: "Each agency shall take affirmative steps to seek diversity in the workforce of the agency at all levels of the agency in a manner consistent with applicable law. Such steps shall include -- (1) recruiting at historically black colleges and universities, Hispanic-serving institutions, women's colleges, and colleges that typically serve majority minority populations."

Read the rest here…

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