Greenville Why bend over backwards anymore trying to figure out some rational reason that Washington politicians and policy makers are enacting some of their new policies and rollbacks? If it quacks like a duck, swims like a duck, it is probably a duck. If some of these policies are not blatant racism, what else could …
Tag: African-Americans
Discrimination is Running Rampant in Bank Lending
New Orleans One of the toughest questions I got on my road tour of six countries was essentially, “how does it feel to have to keep fighting to hold on to every victory against constant opposition,” or in other words how do we do the work when every victory involves constant struggle. My answer, most …
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 …