New Orleans I’m scratching my head. Somehow, I’ve noticed something weird around the world, and it’s not adding up, or at least not adding up the way it should. Maybe you have noticed it as well. There are a lot of protests here and abroad about cutbacks and threats to pensions and benefit programs, but, …
Category: Citizen Wealth
Wells Fargo and its Enablers are Whining
New Orleans News reports, partially attributable to banking giant, Wells Fargo, indicate that they are about to face an additional fine of $1 billion dollars from a variety of governmental agencies including the largely de-fanged Consumer Financial Protection Bureau for their high crimes and misdeeds. As everyone should be ceaselessly reminded in the case of …
The Increasing and Persistent Gap between Black and White Homeownership
Detroit The widening gap between black and white homeownership didn’t happen by accident. There is abundant evidence and little debate that the gap was the result of historic discrimination enforced by federal policies, state laws, and local ordinances. Even as ownership rates increased for minority homeowners over a 40-year period thanks to persistent work, legal …