Daily Archives: July 25, 2014

Half the collective wealth of African-American families was stripped away during the Great Recession

Slate By the official end of the recession in 2009, median household net worth for blacks had fallen to $5,677—a generation’s worth of hard work and progress wiped out. (The number for whites, by comparison, was $113,149.) Overall, from 2007 to 2010, wealth for blacks declined by an average of 31 percent, home equity by an […]

What is Clintonism?

http://www.counterpunch.org/2014/07/25/what-is-clintonism/ by ANDREW LEVINE There are no American politicians whose views on politics merit serious consideration for any reason other than the power they wield.  With only minor exceptions (from long ago), it has been this way since the founders’ generation passed. From genuine (though often mindless) conviction or to enhance their electoral prospects or […]