Afrocity all ready for Christmas 2009.
Afrocity would be as happy as a little conservative black girl if she could wake up one Christmas morning in a world without cries of racism from the liberals. One year after Barack Obama, our nations first president of color was elected, the liberal white folks are still waking up on Christmas morning with hunk of clean coal in their stockings.
From this article in the Wall Street Journal
DECEMBER 3, 2009
By DAMIAN PALETTA and DEBORAH SOLOMON
WASHINGTON — A clash between the Obama administration and the Congressional Black Caucus intensified Wednesday, illustrating how lawmakers’ unease about the economy has the potential to derail White House priorities.
Black Caucus, White House Clash
Lawmakers Skip Finance-Overhaul Vote in Protest; Testy Meeting Fueled Distrust
Ten black lawmakers refused to appear at a House committee vote on financial regulations Wednesday, a move that nearly allowed Republicans to kill a major Democratic bill.The move was the culmination of weeks of tension, including a testy meeting two weeks ago that included Rep. Maxine Waters (D., Calif.), Treasury Secretary Timothy Geithner and White House Chief of Staff Rahm Emanuel. In the meeting, Ms. Waters berated the administration for not doing enough to help minority-owned businesses, mentioning specifically a New York broadcaster that couldn’t get a loan reworked.Less than two weeks after the meeting, the company, Inner City Broadcasting Corp., said Goldman Sachs Group Inc. agreed to restructure the loan.The exchange about the company, which to some administration officials sounded like a bid to have the government intervene in a corporate matter, heightened distrust on both sides, people familiar with the matter say.Caucus members at the meeting stressed they weren’t asking White House officials to do anything improper, people familiar with the matter said. It is unclear whether any government official played a role in having the loan reworked…
White House officials plan to continue meeting with the caucus and said they remain focused on the issues that have been raised.”We share the concerns raised by CBC members about struggling minority communities, and that’s why we’ve engaged in a positive way to make progress on these issues,” White House spokeswoman Jen Psaki said.At her news conference, Ms. Waters said minorities and minority-owned institutions had been disproportionately hurt by the financial crisis. She said minority-owned banks haven’t had the same access to government capital as other banks. She also said minority-owned auto dealers, newspapers and broadcasting firms were folding because of a lack of funding. Foreclosure rates and unemployment are also higher among minorities, she said.She didn’t outline the group’s specific demands. Administration officials say the caucus wants more government contracts for minority-owned businesses and increased lending in minority communities.
The discussions could put the Obama administration in an awkward position if its actions help specific companies. The House Ethics Committee is already investigating Ms. Waters’s role in helping OneUnited Bank in Boston set up a meeting with Treasury officials last year. OneUnited, which was on shaky financial footing, secured Treasury bailout funds. Ms. Waters’s husband had previously been on the board of the bank and was an investor. Ms. Waters has denied doing anything improper.
Vogue magazine Cover accused of being racist
Recent Comments