vibinc

Category: Financial Crisis

  • Redlining Memphis

    Last week, NPR aired a report about the way one Mid-South Bank has been using discriminatory lending practices against African American borrowers. The finding against Bancorp South by the Consumer Financial Protection Bureau (CFPB) was published on June 29th of this year. The fact that this news slipped by is unsettling. The only local news…

  • Not learning from history…

    My Countdown If there’s one thing the House GOP leadership is good at doing, its creating a crisis where none should exist. The current ploy is to defund or delay the implementation of the Affordable Care act in exchange for avoiding a government shutdown. This, of course, is a non-starter with the President and the…

  • Several Things, and Prolly More

    I’ve been working on a series of special projects over the past week that are likely to continue for some time to come, so blogging will likely be light over here for a while. However, there are several things that have attracted my attention that need to be dealt with, so, here goes. Bill Moyers…

  • The Plight of the Masters of the Universe

    So the financial crisis has been raging really since early 2007, even though the real fallout didn’t start appearing until 2008. In this global crisis there have been millions of Americans impacted. Unemployment nationwide began rising in March of 2007, eventually peaking at 10.1% near the end of 2009, and has been largely stuck near…

  • Poverty In Memphis

    Everyone has an image in their mind of what poverty looks like. We all have some concept of what it means to live in poverty. Until you’ve lived in and around poverty, until you’ve actually experienced it first hand, you really can’t have any understanding of what it means, what it looks like, and the…

  • Doogie Howser Moment #75621

    It’s been a rough month or so. My travel schedule has been brutal, my future work prospects, dismal. I’m not crying or anything. I know I’m far better off than the vast majority of people. That said, looking into the near future, I find myself looking down the barrel of large swaths of unbooked time.…