Colorlines

Economy

The color of a fair paycheck

by Michelle Chen on January 29 2009, 1:27PM

The first piece of legislation President Obama signed into law helps inch forward the struggle for economic equity. The Lilly Ledbetter Fair Pay Act won’t undo historically entrenched income gaps, but it will expand the timetable for workers to sue…

Topics: Economy

An ugly portrait

by Michelle Chen on January 29 2009, 12:41PM

Sometimes cold statistics can make disturbing truths more real. A new report, “A Portrait of Mississippi,” underscores racial disparities that, while not surprising, have seldom been so intricately documented until now.’ The study is an offshoot of Measure of America…

Topics: Economy, Health

The Real Scoop on Remittances During the Recession

by Guest Columnist on January 29 2009, 9:30AM

By Francis Calpotura Founder & Director, Transnational Institute for Grassroots Research and Action (TIGRA) WHO IS HURTING WITH THE DOWNTURN? There’s been many articles recently about the impact of the economic crisis on the amount of money that our families…

Topics: Economy

Moratorium Now!

by on January 27 2009, 10:49AM

As an organizer with Moratorium Now, a coalition to stop foreclosures in Michigan, Sandra Hines, a 55-year–old Black woman, is waging a battle so that nobody else will face what she has. “What I’m doing is fighting back,” she said….

Topics: Economy

Race and Recession-Traval Log 1

by on January 21 2009, 4:30PM

Race and Recession have everything to do with each other. For the next few weeks I’ll be posting from the road with stories about race and the recession. From the Pacific Northwest to the rust belt, Central Texas to Southern…

Topics: Economy

The Recession is Official… Sorta

by Guest Columnist on December 11 2008, 2:24PM

It’s Official…Sorta By Amaad Rivera, United for a Fair Economy For the first time in nearly a year, despite the obvious deteriorating economic situation for the majority of people in this country, we have received confirmation that we are…

Topics: Economy

Romney: Don’t Bailout Detroit

by Megan Izen on November 19 2008, 8:10AM

I’m not going to pretend that I have a full understanding of the bailout plan the auto industry requested from Congress yesterday. I haven’t read enough yet. That said, I was disturbed by Mitt Romney’s Op Ed in the…

Topics: Economy

-2 trillion – 1 trillion = No Santa Claus This Year

by Victor Corral on October 10 2008, 1:07PM

This week, it was reported that in the past 15 months, the current financial crisis caused Americans to lose $2 trillion in their retirement plans. While there is a definite need to worry, we have to remember that markets recover…

Topics: Economy

Chicago’s Sheriff Won’t Evict in Foreclosures

by Jonathan Adams on October 9 2008, 9:43AM

Since the federal government’s plan to rescue the country seems to ignore homeowners, at least one man, Cook County Sheriff Tom Dart, has decided he will start policing with his own kind of justice. Dart says that he will…

Topics: Economy

What About the Bottom?

by Donna Hernandez on October 6 2008, 11:27AM

Over the past few weeks, I’ve been aggressively paying attention to tnews about the US economy and attempting to figure out if it will wipe out the little bit of funds in my 401K. The fact that I have a…

Topics: Economy

Will the Failing Economy Advance Racial Justice?

by Guest Columnist on October 3 2008, 12:21PM

by Samantha Erskine I’m wondering how everyone else feels about the idea that our failing economy might advance racial justice. On November 4th, we will find out what America really cares about. On the one hand, we have a Black…

Topics: Economy

Bailouts and Blood Pressure

by Tammy Johnson on September 29 2008, 10:06AM

As a Black woman, I am well aware that one of the healthcare risks that I face is hypertension. So I try to stop, take a breath and say a prayer when confronted by life’s daily madness. But this…

Topics: Economy

Wall Street’s Woes a Depression for People of Color

by Guest Columnist on September 17 2008, 3:33PM

By Victor Goode While Wall Street reels from the chaos created by this latest economic crisis, little has been said in the main stream media about its effect on communities of color. Few people of color are worried about…

Topics: Economy

DMI Releases Survey on the Middle Class and Public Policy

by Jonathan Adams on August 29 2008, 8:21AM

Check out DMI Executive Director Andrea Batista Schlesinger’s reaction to the findings. The poll finds that middle-class “fearful families” are largely united on which public policies they want enacted by the President and Congress, but remain shockingly unfamiliar with…

Topics: Economy

Bronx Groups Want Voice in Community’s Redevelopment

by Jonathan Adams on June 26 2008, 8:11AM

Community organizations in the Bronx—the nation’s poorest county—are struggling against the city to make sure that they have a say in the redevelopment of the Kingsbridge Armory. The Kingsbridge Armory Redevelopment Alliance, a coalition of 19 community, church and labor…

Topics: Economy

Everything’s Better In the Military?

by Jonathan Adams on June 16 2008, 2:16PM

A new study by Jennifer Hickes Lundquist, a sociologist at the University of Massachusetts, compares race relations in the military and those in civilian society, and her results suggest that people of color are much more satisfied with their lives…

Topics: Economy

Idle Hands: Why The Candidates Must Focus On Young Americans

by Jeff Chang on June 11 2008, 3:09PM

Originally published on Zentronix This summer could be the worst ever for teens looking for work, according to experts. Less than one in three youths may find summer jobs. In recent years, the youth jobless rate has soared to record…

Topics: Economy

Tavern on the Green Settles Racial Discrimination Claim

by Jonathan Adams on June 3 2008, 10:58AM

Tavern on the Green, the famous New York restaurant, agreed to pay $2.2 million to settle a racial discrimination lawsuit. The commission said that the restaurant had “engaged in severe and pervasive” sexual and racial harassment of female, black…

Topics: Economy

TIGRA: Study Exposes Racial Dimension of Western Union’s Corporate Practices

by Jonathan Adams on May 23 2008, 11:02AM

Profiting from Black & Brown Dollars: The Racial Dimension of Western Union’s Corporate Practices Denver, CO - With the Western Union Shareholders’ meeting on May 23rd, 2008, the Transnational Institute for Grassroots Research and Action (TIGRA) will unveil new…

Topics: Economy

INTHEFRAY: Use Your Rebate to Stimulate Social Justice

by Jonathan Adams on May 19 2008, 1:09PM

Originally published at IntheFray. Stimulate Social Justice Ten ideas for putting your tax rebate check to good use. by Andrew Blackwell 1. Feed the grassroots. Send your money directly to the people who need it by using the online system…

Topics: Economy