I have a very good friend who I've known for 20 years now, named Alan. Just so you know, Alan is black and I'm white, and about a year into our friendship (hanging out about once a month or so) we were at my place toasting to my deceased mothers birthday, and before we knew it, the tequila kicked in. The subject of why blacks aren't achieving much success came up and Alan said to me "I want your honest opinion of why there aren't many successful blacks, and why there aren't many
Updated 07-07-13 at 09:42 PM by Grim17
This Friday night BET is airing a special program called "Justice for Trayvon: Our Son Is Your Son" and I find this both sad, as well as disturbing.
Doing a show in support of Travon Martin before the trial starts and anyone even knows what really happened, speaks pretty poorly for BET and the black community in general for supporting such a program... It says quite clearly that the only thing that matters to BET is the fact that Martin's black, and
Both sides of this argument have valid points and as strange as it may sound, both sides are corect.
Yes the changes and strong enforcement of the CRA was responsible, and yes laws like the CFMA that loosened investment regulations were responsible. But repealing portions of Glass Steagal, as I've so often heard is responsible, gave banks other avenues to generate profit, but didn't play a significant role in causing the crisis.
In simple, general terms, this is what went
As a Conservative that generally votes Republican, I was (to put it mildly) shocked by the election results on November 6th, as so many others across America were. Although for several days following the election, I felt inside that Obama's victory made no sense, at that time I simply had no interest what so ever in exploring or analyzing the reasons and just put it out of my mind. Now that the dust has settled and I'm over the initial shock and disappointment, I've been giving increasingly more
Updated 11-19-12 at 04:25 PM by Grim17
Continued from part 1
As for Obama, in the 2 years leading up to the election unemployment was lowered from 9.8% to 7.9% (higher than when he took office), real unemployment during those 2 years didn't go down at all, and instead remained virtually unchanged at 11.6%, There were 3.7 million jobs created during that period, but unfortunately 3 million of those only covered population growth and the GDP only managed a 2.4% average growth rate during the previous year. Other economic factors