Black World Economic Crisis
America doesn’t work that way.
The EPI study reveals that Black Americans face special obstacles, even in boom-times like the late 90s. Now the nation – and possibly the world – peers into the gathering darkness. With Blacks already facing loss of precious housing wealth hovering around $100 billion dollars, the prospect of mass unemployment is terrifying, indeed.
Read Full Post | Make a Comment ( None so far )PREDATORY LENDING: Not a new subject in the hood
PREDATORY LENDING: Civil rights organizations such as the NAACP, Rainbow Push and others brought this issue before political leaders and wall street in the early 2000’s.
“Predatory Lending” occurs when a financial institution charges home buyers or homeowners more for services than is the norm for someone with their credit rating. This in turn results in an [...]
