Tag Archives: subprime

A Tale of Race and Recovery

via RaceWire It was the best of times, it was the worst of times…it was the spring of hope, it was the winter of despair…we had everything before us, we had nothing before us.* The Obama administration enacted the $787 billion American Recovery and Reinvestment Act (ARRA) back in February, the largest boon to public [...]

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Tent City

“Excuse me, where’s the tent city?” The man with matted dreadlocks and a weathered face from the sun squinted at me. He wore a white tee shirt grey with wear and slung a tattered jean jacket over his shoulder, hot from the afternoon sun. “Why would you want to go there?” Why indeed. Like many, [...]

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All Your Marbles Are Belong To Us

We’re all subprime now, so says the general consensus by economists while the Fed bails out Bear Stearns and provides corporate welfare to the tune of over $13 billion daily $28 billion in just three days. How did this happen, I and David Leonhardt ask? Steve Randy Waldman tries to explain it to us: Alice, [...]

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    Yvonne Yen Liu is a nerd for the racial justice movement. She lives in Oakland, California. You can write to her at yvonnegrapher at gmail dot com.

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