New Orleans Louisiana is not a rich state, despite bounteous natural resources. That’s a long story, not a short one. Richland Parish in the northern part of the state not too far from Monroe is the opposite of a rich land. Farming isn’t great. The years have not been kind to many of …
Category: Investments
The Latest Efforts to Gut the CRA
Marble Falls Almost fifty years ago, Congress passed the Community Reinvestment Act or CRA seeking to close the door on bank and lender redlining and open up the prospects for homeownership for millions of lower income families. ACORN used Home Mortgage Disclosure Act (HMDA) data and the CRA to negotiation agreements with banks …
Economic Contradictions Question Policies
New Orleans Sometimes you just have to scratch your head and wonder what’s happening when it doesn’t add up to expectations and usual information. I had that feeling as I read several things about the economy recently. On one hand, contrary to a lot of talk from the White House, the US has …


