Wall Street, Banking Reform
The U.S. Congress last week finally passed the most sweeping legislation
on bank and Wall Street reform in 70 years. The financial reform
bill provides tougher regulations on banks and financial institutions
and additional protections for consumers, many of which directly
benefit African Americans. The Dodd-Frank Wall Street Reform and
Consumer Protection Act was a response to the severe downturn
of the U.S. economy during which “too big to fail”
institutions nearly uprooted America's whole financial system.
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AIDS Is A Black Disease
Phill Wilson, president and CEO of the Black
AIDS Institute, has good reasons for describing AIDS as a Black
disease. Although Blacks are 12.8 percent of the U.S. population,
they represent 45 percent of all people infected each year with
HIV, the virus that causes AIDS.
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