Disparate Impact
Richard Spencer writes:
In 2007, the advocacy group Adversity.net examined the racial hiring practices of Washington’s Executive Departments and Independent Agencies, from the Department of Education to NASA. The group discovered that with a very few exceptions, federal entities dramatically overfulfill their “Diversity” quotas. Indeed, the best agencies at hiring Blacks put the Post Office of lore to shame: the Controlled Substance Ordering System, the Government Printing Office, and the Pension Benefit Guaranty Corporation, for instance, overhire Blacks at 800, 500, and 400 percent, respectively. Even the “worst” agency for employing African-Americans, über-nerdy NASA, overhires Blacks at a clip of 50 percent.
Spencer thinks this explains why on January 8 the chief of the Federal Reserve, Ben Bernake, announced publicly that there would be no Fed-led bailout of state and local governments.
His idea is that they think they need to keep all the money they can in the Federal system, where it can be used to pay off Blacks not to riot.
One problem with the presentation of this theory is that, with the exception of Wisconsin, Spencer failed to provide information on the demographics of the public employees in States which are facing budget problems.
Of course Bernake wouldn't have said what he said just based on the demographics of Wisconsin.
At the same time it's very doubtful to me that any state has employee demographics as slanted toward Blacks as the Federal Government does, much less the average state in need of a federal bailout to avoid layoffs.
So whether it's intentional or not, there is an element of racial favoritism to be found in the Federal Reserve's privileging of Federal Government over State Government.