World-News

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



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