THE FACTS:
*$* For every dollar of wealth owned by the typical white family, the typical family of color owns only 16 cents. And for single women of color, the wealth gap is far wider.
*$* Nearly half of all single black and Hispanic women have zero or negative wealth, meaning their debts exceed all their assets. The median wealth for single black women is only $100; for single Hispanic women, $120. This compares to just over $41,000 for single white women. About a third of single Hispanic women and one-fourth of single black women have no checking or savings account.
*$* Today there are more African Americans under correctional control, whether in prison or jail, on probation or on parole, than there were enslaved in 1850. And more African American men are disenfranchised now because of felon disenfranchisement laws than in 1870
THE EDITORIAL: unrealisticly flowery speeches about sticking together & bootstrap economics fall on deaf ears in the face of the myriad of legal discriminatory practices employed by nearly all u.s. institutions. in an age where employees are subjected to credit checks for lower-middle class jobs the people must advocate for themselves.
in the episode of democracy now below amy goodman & juan gonzalez dive deep into the ever widening wealth gap in the u.s. & discuss the symptoms & solutions with Mariko Lin Chang, chief author of the study “Lifting as We Climb: Women of Color, Wealth and America’s Future”, C. Nicole Mason, Executive Director of the Women of Color Policy Network at the Wagner Graduate School of Public Service @ NYU, & Michelle Alexander, author of the new book The New Jim Crow: Mass Incarceration in the Age of Colorblindness.
dig what these sisters have to say about what is essentially 21st jim crowism & check out the full study to digest all of the other facts & figures @ Insight Center for Community Economic Development
i even took the time to embed the videos into smaller chunks for all you cyber wisdom seekers on the go
& here's a lil somethin' about what happened to ACORN one of the unfortunately few organizations that work to end poverty in a real way
remember if money is the root, then poverty is the handmaid of oppression. the modern caste/class systems must end if anyone wants even an illusion of security & freedom.
fight back
Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts
Friday, March 12, 2010
Sunday, March 29, 2009
So Much For Promises & Bailouts
well...i definitely failed on the updating the horus set blog more often. i suppose that i could say i was taking black history month off to reflect, but i've really just been busy teaching babies how to talk, count, recognize words + colors, walk on stairs, eat with utensis, & fight the system by sharing!)
everyone everywhere is still talking about the economy which has been a frequent subject of the the light & the dark blog here, but i was really impressed by Thomas Geoghegan's take on what's been going on for decades & ultimately culminated in the current catastrophe. below is the tuesday march 24th episode of democracy now which features an interview with Mr. Geoghegan about 16 minutes into the show.
feel free to skip ahead, but there's some really interesting news in the headlines (especially for those of you that eat red meat).
there's also a really insightful interview with Riki Ott, a community activist, marine toxicologist, former commercial salmon fisherma’am and author of two books on the Exxon Valdez oil spill. she helps shed light on the seldom discussed topic of how corporations got the same rights as individual people despite it being in complete contradiction to the bill of rights & u.s. constitution.
the Riki Ott interview starts about 40 minutes into the broadcast & is very deserving of your time.
everyone everywhere is still talking about the economy which has been a frequent subject of the the light & the dark blog here, but i was really impressed by Thomas Geoghegan's take on what's been going on for decades & ultimately culminated in the current catastrophe. below is the tuesday march 24th episode of democracy now which features an interview with Mr. Geoghegan about 16 minutes into the show.
feel free to skip ahead, but there's some really interesting news in the headlines (especially for those of you that eat red meat).
there's also a really insightful interview with Riki Ott, a community activist, marine toxicologist, former commercial salmon fisherma’am and author of two books on the Exxon Valdez oil spill. she helps shed light on the seldom discussed topic of how corporations got the same rights as individual people despite it being in complete contradiction to the bill of rights & u.s. constitution.
the Riki Ott interview starts about 40 minutes into the broadcast & is very deserving of your time.
Monday, September 22, 2008
Corporate Welfare 2008:The True Cost of the "Free Market"
wanna know what's really up with the under estimated $700 billion bail out for wall street? need to hear specific details from experts & lawmakers?
watch this video...
watch this video...
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