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MINORITY FIRMS AND COVID2019 - KEY IMPACTS

 MINORITY FIRMS AND  COVID2019 | KEY IMPACTS https://drive.google.com/file/d/1JLHqG9q4Hq7sep_aePzmLbiX__qnRMnU/view?usp=sharing

The Current Crisis

Five months ago, our nation was made host to a virulent, deadly visitor, brought to this continent surreptitiously. A new virus, uncovered in China, unsparing in occurrence. Now we are engaged in a great experiment, testing whether any nation with fearsome, monstrous divisions based on race and wealth, can survive in the face of such a disease. We have come to give our testimony while we still can, in an increasingly authoritarian environment. We do so to support the survival of all who participate in this society. We are writing not as people of wealth and privilege but as ordinary people, like the medical and public safety workers who gave their lives that this nation might live. As citizens of the world, we have an obligation to speak out. As citizens of the US, we have the right to do so. We offer an independent viewpoint, having gained insight from American history – in this case, Black Wall Street/Tulsa, Oklahoma. Our perspective helps us better understand the exact natur

Webinar: Can Black People Survive Post COVID?

Come advocate for change! SPECIAL GUESTS: CONGRESSMAN HANK JOHNSON (D-GA) DR. CHARLES STEELE, JR., PRESIDENT AND CEO, SOUTHERN CHRISTIAN LEADERSHIP CONFERENCE WILLIAM MICHAEL CUNNINGHAM, FOUNDER - CREATIVE INVESTMENT RESEARCH Wednesday May 13, 2020 6:00 pm ET. Zoom Webinar.  https://www.creativeinvestmentresearch.org/covid

Open letter to the Congressional Black Caucus (with apologies to Mr. Lincoln.)

Four months ago, our nation was made host to a virulent, deadly visitor, brought to this continent surreptitiously. A new virus, uncovered in China, unsparing in occurrence. Now we are engaged in a great experiment, testing whether any nation with significant divisions based on politics, race and wealth, can survive in the face of such a disease. We have come to give our testimony while we still can, to help insure the survival of all who participate in this society. We are writing not as millionaires but as common people, like the medical and public safety workers who gave their lives that this nation might live. As citizens of the world, we have an obligation to speak out. As citizens of the US, we have the right to do so. We offer an independent view on the economic impacts, having gained relevant insight from American history – in this case, from Black Wall Street/Tulsa, Oklahoma, to better understand the exact nature of the economic problem the country now faces. Of course, i

Nationalize the Banks

According to the Financial Times, megabank Wells Fargo & Co “has asked the U.S. Federal Reserve to remove an asset cap introduced during its accounts scandal in order to allow it to support businesses and customers hit by the coronavirus economic fallout..” The growth cap was imposed after the bank “acknowledged that it improperly foreclosed on 545 distressed homeowners after they asked for help with their mortgages, created 3.5 million fake accounts, charged 570,000 customers for auto insurance they did not need, and illegally repossessed vehicles from hundreds of service members.” Former bank employees state that Wells "targeted black churches” and neighborhoods by offering escalating-interest mortgages, which some loan officers called “ghetto loans.” This week, the bank demanded that call center workers come to the office despite coronavirus, but agreed to pay "all of its domestic full-time employees who make less than $100,000 a year.. a pre-tax payment of $