While the banks got big bailouts, a sizeable chunk of African-American wealth evaporated because so many people lost homes.
Julianne MalveauxI serve on the Institute of the Black World's National Commission on African-American Reparations, and we have asked the President [Barack Obama] to, by executive order, establish a commission to study reparations. He can do this without Congressional approval. While I am not optimistic, I do hope that President Obama considers this in these waning months of his Presidency.
Julianne MalveauxI do know that there are down-ballot people who have run on the Green Party, and some have been successful.
Julianne MalveauxInteresting statistic: In every economic recovery until 1982, working people captured more than 80 percent of the value of the recovery. Since 1982, the top 10 percent has captured 90 percent of the value of the economic recovery.
Julianne Malveaux