How Ruthless Banks Gutted the Black Middle Class and Got Away With It

Devona Walker, AlterNet: "The American middle class has been hammered over the last several decades. The black middle class has suffered to an even greater degree. But the single most crippling blow has been the real estate and foreclosure crisis. It has stripped black families of more wealth than any single event in U.S. history. Due entirely to subprime loans, black borrowers are expected to lose between $71 billion and $92 billion."

http://www.truth-out.org/how-ruthless-banks-gutted-black-middle-class-and-got-away-with-it62961



http://sharenews.twoday.net/search?q=middle+class
http://sharenews.twoday.net/search?q=foreclosure
http://sharenews.twoday.net/search?q=Devona+Walker

Users Status

You are not logged in.

Recent Updates

Will Turkey Sever Ties...
Syrian President Bashar al-Assad says the current tension...
rudkla - 24. Sep, 10:49
Merkel macht Stuttgart...
BUND: „Die Baukosten schießen in die Höhe, die Bauplanung...
rudkla - 22. Sep, 05:25
War Is Murder
http://www.lewrockwell.com /kwiatkowski/kwiatkowski25 6.html The...
rudkla - 21. Sep, 09:16
The surge in defense...
Independent Institute by Winslow T. Wheeler 09/18/10 Accordi ng...
rudkla - 21. Sep, 09:12
Amid flooding, CIA resumes...
MSNBC 08/23/10 After a little-noticed, weeks long...
rudkla - 21. Sep, 09:07

Search

 

Status

Online for 6666 days
Last update: 24. Sep, 10:49

Credits


Afghanistan
Animal Protection - Tierschutz
Australia - Australien
Big Brother - NWO
Britain
Chemtrails
Civil Rights - Buergerrechte - Politik
Cuts in Social Welfare - Sozialabbau
Disclaimer - Haftungsausschluss
Environment Protection - Umweltschutz
Forest - Wald
Genetic Engineering - Genmanipulation
Global Warming - Globale Erwaermung
HAARP
Health - Gesundheit
Human Rights - Menschenrechte
... more
Profil
Logout
Subscribe Weblog