New Orleans Sometimes you just have to scratch your head and admit that you are out of your pay grade. That’s where I’m heading in trying to figure out why the giant Comcast believes its best political and commercial strategy for achieving monopoly concentration in the cable and internet world is to be the biggest …
Category: Financial Justice
Bank Redlining Increasing and Wealth Plummeting in Minority Communities
New Orleans The Federal Reserve report on the continued decrease in lending to African-American and Hispanic families is unambiguous. In 2013, 4.8% of total home loans were to African-Americans, 7.3% were to Hispanics. In 2012, the numbers were only marginally better at 5.1% and 7.2% respectively. As recently as 2006, before the real estate meltdown …
UAW Continues to Forge Ahead in Chattanooga with Volkswagen
New Orleans The UAW, confounding the old schoolers and the pundits, continues to plow new, but familiar, ground in seeking to bargain a “members’ only” agreement at the Volkswagen Chattanooga plant employing 1500 workers and expanding rapidly. Gary Casteel, the UAW’s Secretary-Treasurer announced that the newly chartered UAW Local 42 at the plant had reached …