New Orleans The Community Reinvestment Act (CRA) passed in 1978, more than 35 years ago, was straightforward. Banks could no longer redline, meaning they could not use the deposits from lower income and minority neighborhoods to finance mansions for the rich in the sprawling suburbs. More plainly stated, they could not discriminate in their lending. …
Month: July 2014
Trolling on Craigslist, A New 419 Internet Scam
New Orleans In many cities Craigslist is the modern go-to site for buying and selling, having decimated its competition years ago in what’s left of the print industry. It’s a clunky site with nothing fancy to it, but, hey, it’s free, and it’s popular, and stuff moves, so many of us are all over it …
Taking the Affordable Out of the Affordable Care Act
Shreveport Two different federal appeals courts, one in the notoriously Republican-dominated, 2nd Circuit in Washington, DC, and the other a bit more mainstream in Richmond, Virginia came down with contradictory decisions on whether or not the Affordable Care Act allows subsidies to be given in the 36 states where Governors and state legislators have stood …