#separateandunequal

Photo: https://www.chicagoreader.com/Bleader/archives/2016/06/14/how-cooley-high-and-good-times-shone-a-spotlight-on-chicago-public-schools

@mrzowhat and @tonetalks speak on a critical issue in the community that doesn't get truly hashed out until people start falling apart. The challenge is defining what success and wealth is in the community while there is little to no power being held. Yes we look good but the reality is until our group can control their own destiny, we are at the behest of those in charge. Charge is the ability to do. The power to give energy. . The other two pics are reposted from @living_while_black from the latest #msnbc news report. REPOST- #SeparateAndUnequal Black Americans were unequally issued loans on unfavorable terms during the sub-prime loan bonanza that prefigured the housing crisis and are still suffering in its aftermath, a report from the American Civil Liberties Union has found. ___________________________________The resulting economic downturn adversely affected #BlackFamilies to a much greater degree than white homeowners, said the ACLUs Rachel Goodman, who said the findings suggest banks knowingly preyed on black mortgage-seekers when it came to issuing sub-prime mortgages. 😠 __________________________________ Race must have been a factor somewhere in the decision-making, because it otherwise doesnt make a lot of sense, Goodman said. Goodman pointed out that the report differs significantly from other studies of wealth by race, in that it compares people who are all homeowners and thus presumably fit some definition of middle class. ___________________________________ Goodman said the black families in the study, which surveyed 3,000 households (741 of them black), had been subjected to redlining, denying or charging more for necessary services loans to people in historically black neighborhoods, which made the residents of those neighborhoods particularly susceptible to predation by fly-by-night mortgage outfits, pushing sub-prime loans so they could turn them around, on the then-booming secondary market. 😔💲📈 ___________________________________Traditional banks are then less likely to be set up and pushing better credit options to those families, Goodman said. Its just taking advantage of a kind of vacuum. www.growyourgoal.com for more power. Peace