October 3, 2008 – 4:18 am
The days of trying to “catch up with the Jones’,” or flash like the Jim Jones’ (for my hip-hop peoples) and go into debt while doing it, is over. I always thought the chorus to the Big Tymers song, “Still Fly,” was one of the most irresponsible lines I ever heard. We are currently financially [...]
By Saabir
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Posted in Business, Economy, Inner-City, Rural, Urban, Urban Development, Urban Planning, Wall Street
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Also tagged affordability, affordable housing, banking, Big Tymers, fiscal matters, home loan, home ownership, mortgage, recession, rent, rentals, renting an apartment, renting versus owning, Still Fly, Yahoo!
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September 18, 2008 – 2:53 am
So you think the Dow Jones industrial average, in 3 days dropping a total of 950 points (500 on Monday, September 15th and 450 Wednesday, September 17th), renowned investement brokerage – Lehman Brothers filing for bankruptcy protection and the Federal Reserve stepping in with an emergency loan to keep American International Group Inc., one of [...]
By Kenyatta Blue
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Posted in Business, Dow Jones, Economy, Finance, Hip-Hop, Inner-City, Options, Urban, Wall Street
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Also tagged consumerism, debt, hipsters, lifestyle
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August 22, 2008 – 3:49 am
So get ready for another housing crisis America. The Associated Press reports that the number of home foreclosures will rise again due to the defaulting on Alt-A or “liar loans” – where apparently borrowers in cahoots with mortgage brokers “did not need proof of income or assets that is required to secure financing…”
First it [...]
Long known as the cultural mecca Blacks in the United States and throughout the disapora, since the 1920’s, Harlem U.S.A has always had a special place in the hearts of many African-Americans. The village in upper Manhattan that gave birth to the Harlem Renaissance, where Marcus Garvey and Malcolm X helped spread their movements with [...]
