Subject: [big campaign] Press Call pushing back on CRA
From: "Daniella Gibbs Leger" <[email-masked]>
To: "big campaign" <[email-masked]>
Date: Thu, 2 Oct 2008 12:18:15 -0400
List-Id: <bigcampaign.googlegroups.com>

Hey guys.  We're doing a call today pushing back on the notion that the CRA
and low-income and minority homeowners are the cause of the Wall Street
meltdown.  Advisory is below:

 <http://www.americanprogressaction.org/>

*For Immediate Release*
October 2, 2008

*Contact*
John Neurohr, 202.481.8182
[email-masked]

PRESS CALL: Why Blaming the CRA and Low-Income Homeowners for the Financial
Crisis Is WRONG

WASHINGTON, D.C. — As the country grapples with the meltdown on Wall Street,
conservatives are doing their best to blame the crisis on the Community
Reinvestment Act and lending to low-income and minority homeowners. This is
wrong. At 2:00pm today, the Center for American Progress Action Fund will
host a conference call with leading economic and housing experts to set the
facts straight on the CRA.

David Abromowitz<http://www.americanprogress.org/aboutus/staff/AbromowitzDavid.html>,
Michael Barr<http://www.americanprogress.org/aboutus/staff/BarrMichael.html>,
Janet Murguia<http://www.nclr.org/section/about/leadership/leadership_janet_murguia_bio/>,
Ed Paisley <http://www.americanprogress.org/aboutus/staff/PaisleyEd.html>,
and Nancy Zirkin <http://www.civilrights.org/about/lccr/biozirkin.html> will
discuss the actual causes of the crisis and why the CRA and low-income and
minority homeowners do not deserve the blame.

Please email John Neurohr at [email-masked] if you plan
to attend the call.

*WHAT: Teleconference on the real cause of the financial crisis*

*WHEN: TODAY, Thursday, October 2, at 2:00pm*

*CALL IN: **888-674-0222*

*ID: Financial Crisis*

*WHO: *

*David Abromowitz**, Senior Fellow, Center for American Progress Action Fund
*

*Michael Barr, Senior Fellow, Center for American Progress Action Fund*

*Janet Murguia, President and CEO, National Council of La Raza*

*Ed Paisley**, VP for Editorial, Center for American Progress Action Fund*

*Nancy Zirkin, Executive VP, Leadership Conference on Civil Rights*

Please email John Neurohr at [email-masked] if you plan
to attend the call.*
*

*The Center for American Progress Action
Fund<http://www.americanprogressaction.org/>is the sister advocacy
organization of the Center
for American Progress <http://www.americanprogress.org/>. The Action Fund
transforms progressive ideas into policy through rapid response
communications, legislative action, grassroots organizing and advocacy, and
partnerships with other progressive leaders throughout the country and the
world. The Action Fund is also the home of the Progress Report.*

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