As we speak, another black-owned bank in Chicago may be slipping away. Currently, the Seaway Bank & Trust is in the final stages of a capital-rising campaign that could threaten its status as the largest black-owned bank in the Midwest.
As the unveiling of his presidential library approaches, former President George W. Bush is doubling down on his legacy.
In an interview with USA Today, Bush asserted that he has no reason to apologize for or defend any of his actions (or inaction) during his controversial presidency.
Friends and relatives say Bush is “totally at peace” with his time in office.
In today’s economy, it seems that everyone is struggling in some way – students are worried about loan debt, homeowners are worried about the value of their homes and everyone seems to be cutting back on some of the finer things in life. In considering that most everyone has had to make some adjustments in the past 5 years, I wonder about American’s level of empathy with each other. Beyond congressional debates about government assistance programs, it has been my observation that many Americans hold the opinion that they have their own problems to worry about, and not enough time or resources to be concerned about others. One controversial area I witness this in is the relationship between the homeless and those of financial means.
According to a recent New York Times article, Free Lunch Programs are swelling with new participants nationwide, indicating rising levels of poverty and economic distress across the country.
Millions of Americans are utlizing these programs for the first time, after losing jobs or settling for under-paying positions.
The number of students receiving subsidized lunches has risen 17% since 2006-2007.
“‘These are very large increases and a direct reflection of the hardships American families are facing,’ said Benjamin Senauer, a University of Minnesota economist who studies the meals program, adding that the surge had happened so quickly ‘that people like myself who do research are struggling to keep up with it.’