Tags Access to capital
Tag: access to capital
When SF’s top officials gathered for the annual State of the City address on the morning of Jan. 17, 2014, instead of the elegant environs of City Hall, they descended on a construction site at the Hunters Point Shipyard. Despite the rosy picture painted by the mayor, some of the people working at the Shipyard were on their way to losing everything. The program meant to help small local construction companies benefit from the development was instead driving some against the wall. A survey of the Shipyard’s local contractors and a review of public documents reveal systemic issues with the local builders program.
Congresswoman Maxine Waters conducts her drug war from the top down. Her view is to follow the money. Our government wages drug war on street vendors. The government’s view is to lock up as many young Blacks as is possible.
The 10 Black members of the powerful House Finance Committee are still being applauded this week by the Black press and Black leaders nationally for boldly boycotting a committee meeting in order to force a $4 billion allocation to benefit the Black community. They plan to escalate protests if lawmakers continue to ignore the suffering of their constituents, including advertising discrimination against Black newspapers.
As African American members of Congress, we are keenly aware of the extreme economic crisis in our communities, and we are responsible for confronting the issues threatening the survival of the people and institutions we represent. We are here to reaffirm our commitment to be forceful advocates for the voiceless, and insist that all of the resources of the government, whether they be through financial assistance programs or federal contracting, exhibit a basic fairness and equality that historically has not existed.