Page 26 - Red Lining News Today

Effectively giving up their bodies. that was the only way we actually got any sort of legislation. now as i write in the atlantic, we follow that up with catastrophic rise in incarceration in this country. thats a fairly consistent pattern. how do you feel about that one way or the other, i dont know, that strikes me as heritage and tradition. >> one thing you talk about a lot in your book and in your work is red lining. >> yes. >> which i think a lot of americans dont know what that is. >> well...

Legacy of discrimination that has happened when you look at things like red lining and why certain families were kept out of certain communities, the lower home rate the higher subprime mortgage -- the rates of subprime mortgages that people of color were saddled with. >> and sometimes targeted. >> right. this is something that has been continuous and sustained and this is hard when you dont have wealth to be able to pass that on. >> when you look at the recovery you know it is bifurcated. you l...

Chicago is a city that is segregated both among the living and the dead. and you cant look at the crime rate here without seeing the legacy of segregation and its enduring power. >> you dont see crime, you dont hear about crime in downtown chicago on the north sides of the city. and when it happens, its so high profile, it gets dealt with immediately. south and west sides, people live with crime, spry lens on a daily basis. if youre not in those neighborhoods and you not because you dont live in...

80% of chicago housing was covered by those contracts. when the supreme court ruled against them in 1948, the practice of red lining stepped in to keep packing black residents in disadvantaged neighborhoods. thats the city of chicago. everyone who has been living there since the second half of the 20th century, has been living with the legacy of those practices. next, im going to talk to someone who knees as well as anyone what this has wrought in the city.gs, you nt. [ female announcer ] charmi...

By 1940s, it was estimated that 80% of chicago housing was covered by those contracts. when the supreme court ruled against them in 1948, the practice of red lining stepped in to keep packing black residents in disadvantaged neighborhoods. thats the city of chicago. everyone who has been living there since the second half of the 20th century, has been living with the legacy of those practices. next, im going to talk to someone who knees as well as anyone what this has wrought in the city. lass. ...

Dr. angelou served as the reynolds professor of american studies. well have more on that service later in the program. but we begin this morning with former federal reserve chairman ben bernanke in 2012 signaling that the housing market was showing promising signs of recovery, but warning of remaining challenges. >> while the economic recovery and regulatory policy affect access to credit for all households, some potential borrowers may face the additional burden of discrimination. two types of ...

Of those who are confined within it is no accident. rather, it was the end result of discriminatory housing policies enacted decades ago by federal, state and local governments that created a cycle of residential segregation for black people that persists to this day. you might have learned that policies like red lining and restrictive covenants and the departure of manufacturing and commerce from cities created pockets of generational poverty that were all but inescapable for people who were le...

Live called "advancing the dream." what areas in your view, should this administration be targeting to advance dr. kings dream? >> one of the things that i think the president pointed out and then kind of didnt come back to in the speech was he talked about the unemployment rate that was double the national average and has stubbornly i been so. the unemployment has never been below 10% since people very kept the statistics. the great depression, the white unemployment rate in this country hasnt ...

Were now at 105, and were red lining that. its rising dramatically. and so i dont know how you get this president to look at spending reductions. you know, he said in the negotiations with speaker boehner that he had offered $1 trillion in cuts. and i think you do a great job, chuck. but nobody in the media has ever pressed him for the actually specific list of cuts. so here we have a situation where weve never received -- >> let me stop you there a minute. >> okay. >> i understand this whole is...

Lets deal with foreclosure. 90,000 foreclosures in the city of detroit. 90,000 forced evictions in the last three years. you look at 300,000 people leaving one city, youre seeing the tax base leave. its not in financial strain because of mismanagement because people are incompetent, not the right analysis. we have to deal with foreclosure, insurance red lining. what the state should be doing is helping to -- the federal government, county government and state government to reinvest in these citi...