Madison The Housing Urban Development (HUD) department needed a weatherman to see which way the wind was blowing, and, finally, years after hurricane level damage has been done to families and communities around the country and amid constant calls from housing advocates, they has finally put some restrictions on private equity and other investors who …
Category: Citizen Wealth
Private Equity Sabotaging Working Communities
Madison Auction off tens of thousands of homes during the housing crisis to private equity companies without rules or wherefores other than to offload the problems, despite knowing that private equity operations only care about their bottom line, what could go wrong? Not surprisingly, it turns out, just about everything, and nowhere is this truer …
Leaders Talk Politics and the Need to Hunker Down
Baton Rouge The last session of the Local 100 annual leadership conference looked at politics. The Local 100 leadership from Louisiana, Arkansas, and Texas is largely African-American and Hispanic and numbers more women than men. Eleven of the more than thirty in attendance were over sixty-years old. Talking to members about how they had voted …