Economic Security
More on Economic Security
Both seek equality and protection
by Joseph Wright
Congresswoman Maxine Waters was the keynote speaker at a recent forum designed to help Black and other non-White businesses, as well as those run by women, gain greater access to major banks and brokers to help sustain and establish their corporations.
"Since the recession really took hold in December 2007," the congresswoman explained, "about 2.3 million homes have been repossessed by banks. Currently, about one in 10 American households, with a mortgage, is at risk of foreclosure."
By Santiago Esparza
The chants of thousands of people demanding jobs filled the air downtown as UAW President Bob King and the Rev. Jesse Jackson led the crowd to Grand Circus Park.
The UAW and Jackson's Rainbow Push Coalition announced the Rebuild America: Jobs Justice Peace kickoff today at the downtown park.
By Jay Heflin
Rep. Maxine Waters (D-Calif.) is sharply criticizing the Treasury Department and the Securities and Exchange Commission for excluding minority- and women-owned firms from taking part in the sale of General Motors common stock owned by the Treasury.
Treasury obtained the stock as a result of the government bailout of General Motors. It owns about $43 billion in GM stock.