Welcome back to the Economic Forum! Last time we took a look at the Community Reinvestment Act of 1977, and its role in how banks aid low and middle income neighborhoods. Knowing that these banks go through an examination process, and that the public can play a role in the building of the bank's strategic plan, the question was still who regulated all...
Art Sellers - Montego Bay, Jamaica When I opened up my blog to check the date of my last post I see that it was six months ago. I was super shocked, I couldn't figure out what could have kept me from my blog for so long? Life mostly, it went something like this: November '16 - January '17- I'd started a new...
Welcome back! Today we continue our look at the Moynihan Report as we dive into Chapter 1: The Negro American Revolution. For those just joining us, take a look back at the introductory post to get caught up on Daniel P. Moynihan, who he is, how I found out about him, and the background on his report The Negro Family: The Case for...
For our first installment in the Economic Forum we will begin with the Community Reinvestment Act of 1977 (CRA, or The Act). Watch the video below provided by the Federal Bank of San Fransisco for a brief explanation of the act and what it means for low-moderate income communities. My first question regarding the CRA was "Who is keeping them accountable?" The video...
