of Dr. Martin Luther King Jr. and that of President Abraham Lincoln, connecting the 150-year-old dots. President Obama’s choice in using both Bibles in this anniversary year is a testament to his sensitivity and ability to juggle the tightrope he must manage as both president of the United States and the first African American president of our nation. Most folks 50 and older get it. What about those who are both younger than our nation’s median age and unschooled in the nuances of history? Is our conversation about race in America stuck in some kind of time warp, where we are unable to speak cross generationally because we have extremely different memories, recollections, and knowl-
MALVEAUX continued from Page 24 twice that of the White rate. If they had books and speeches by Dr. King, who spoke of racial disparities in much of his work, they would understand the many ways the struggle continues. But popular culture suggests that when Black folks and White folks can both act extreme fools on reality shows (I think I blanked out after about a minute of “Bad Girls Club”); there is some measure of equality. There has been a rich history and legacy of struggle and protest that has been swallowed by the notion of post-racialism in the first decades of this century. It is laudable that President Obama will use both the Bible
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edge about that which happened fifty years ago? We do our nation a disservice when we duck and dodge our racially tinged history. We have to grace and embrace the past in order to move forward with our future. Somehow this is a message that needs to be transmitted to young people, especially in this 150th year after emancipation, this 50th year after the March on Washington, this season of embracing and celebrating our history. wi
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Crowell continued from Page 24 have already suffered has been researched and revealed the facts of who has lost homes, wealth, and quality of life. CRL’s most recent research, “The State of Lending in America and is Impact on U.S. Households,” (http://www.responsiblelending.org/state-oflending/) updated earlier foreclosure research, finding that the nation has a still-troubled housing market. CRL also developed a new state-by-state analysis of foreclosures and lost wealth. According to the report, since February 2012, 11 percent of African-American borrowers and 14 percent of Latino borrowers have already lost their homes
to foreclosures. By comparison and during the same years, foreclosure rates for non-Hispanic Whites amounted to 6 percent and among Asian-American borrowers, 8 percent. Even worse, African-American and Latino borrowers were respectively 2.8 and 2.3 times as likely to have received a mortgage loan with a prepayment penalty even though many of these borrowers could have qualified for more affordable and sustainable loans. Across the country, more than half (52 percent) of the lost wealth resulting from living in close proximity to foreclosures was borne by minority census tract homeowners. In the District of Columbia and seven states –California, Florida, Il-
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linois, Hawaii, Maryland, New Jersey and New York – an even greater share of lost wealth occurred in minority communities. Additionally, African-Americans remain at a higher imminent risk of more foreclosures in Florida, New York, New Jersey, Ohio, and Illinois. For example, Black Floridians risk of imminent foreclosures is doubled that projected for the entire state. As the nation prepares for the 2013 observance of the Dr. Martin Luther King, Jr. holiday, the martyred leader’s historic call for economic justice has yet to be fulfilled. wi
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morial continued from Page 24 urban citizens. It also builds upon the work that our network of nearly 100 affiliates has been engaged in since the start of the Great Recession. Our affiliates have served as economic first responders for communities devastated by job loss. They have also been successful in creating economic opportunity and preparing thousands of people to avail themselves of those opportunities. We’ve worked closely with our partners in the private www.washingtoninformer.com
sector and the federal government to maximize resources and mobilize the strength of our collaborative efforts. For this expanded effort, we have put together a powerful coalition of public and private partners who have pledged their expertise and other resources. They include, the U.S. Department of Labor, Nationwide Insurance, Everest College, Pitney Bowes, Wells Fargo, Goldman Sachs, Stonehenge, UPS, State Farm, Target, Best Buy, the U.S. Department of Justice, AT&T, Time Warner, Chevron, BP and the New York Stock Exchange.
Our collective message is this: While we believe it is important to tackle deficit reduction, job creation remains the nation’s number one priority. We urge the President and the Congress to adopt a balanced approach that marries compassion for the most vulnerable Americans with protections for the nation’s jobs and sacrifice from all. For a full description of the Jobs Rebuild America Initiative visit www.nul.org wi Marc H. Morial, former mayor of New Orleans, is president and CEO of the National Urban League. The Washington Informer
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