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Video Series: Wade Discusses Battle for the 9th Ward

No End to Recession without a Solution to Housing Crisis

Mortgage & Housing Crisis

New Orleans    I’m going to keep this short and sweet, and the message will be clear.  The economy in the USA is showing some signs of improvement.  More jobs are coming into the statistics.  The President is getting a bounce in his step.  This is all good news.

Obama will have trouble [...]

Remittances and a New World Bank President

New Orleans   The president of the World Bank, one of the premier world credit and developmental financing institutions created at Breton Woods, serves a 5 year, renewable term, and is currently occupied by former USA Trade Representative Robert Zoellick, appointed by George W. Bush.  Traditionally the post has been held by a US citizen because [...]

Despite Suze Orman’s Claim Prepaid Debit Cards Still No Good

New Orleans    Suze Orman has made her reputation as a TV financial advisor.  Now she wants to promote a debit card for low-and-moderate income families who have weak credit and want the ability to operate differently.  Her Approved card needs to be renamed as the Improved card, but it’s still not a good card, or [...]

Stuck in Place: Who is Surprised at the Lack of Mobility?

New Orleans    The lack of social mobility has finally gotten so bad that it seems even Republicans have noticed it.  Horatio Alger and the “rags to riches” trajectory of the American dream are dead.  The new narrative is best expressed as “rags to rags, and riches to riches.”

            According to a Jason DeParle piece in [...]

Business Assistance Living Wage Campaigns

New Orleans               Support is increasingly lining up in New York City and elsewhere not simply for living wage ordinances, but more specifically for a more targeted type of living wage program where public dollars are partnered with private development.  These so-called “business assistance” living wage ordinances that also draw from experiences with “community benefit agreements” [...]