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Friday, 13 August 2010 |
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By Randall Kelton
Predatory schemes steal the equity of this country.
In the late 1980s and early ’90s, Presidents Bush and Clinton, under the guise of making housing available to the poor, eased regulations intended to ensure that consumers were protected from predatory lending practices. This deregulation had the effect of unleashing the money-changers on us all.
Instead of making fair, affordable home loans—for affordable houses—available to the low-income working poor, lenders used their new license to convince people to do the one thing that had always been taboo: speculate with their homes. They were persuaded to sell out their safe mortgages and invest their equity in more expensive homes, hoping that a perpetual housing boom would make them rich.
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Friday, 13 August 2010 |
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Staff Reports
Since 1982, the U.S. President has proclaimed a National MED Week observance to recognize the outstanding achievements of minority businesses and to honor those corporations and financial institutions that support minority business development. The national MED Week conference is held in Washington, DC each year and is the largest federally sponsored conference for minority entrepreneurs.
Western North Carolina has a long history of celebrating, educating, and supporting minority entrepreneurs through regional MED Week events. Previous events have included awards banquets, networking events and a variety of workshops on marketing, starting a business, financing, and doing business with the government.
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Friday, 13 August 2010 |
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| Belinda Grant, Executive Director of NAF. Photo: Urban News |
“There is not a single book on earth that is completely understood by just one person. Every one of us comes to the printed page with prior knowledge and experiences, with different viewpoints and biases, with different insights and blind-spots. Though we can “comprehend” text the first time we read it, deeper comprehension is more likely to occur when we discuss our readings with others.”
~ Kelly Gallagher, “Deeper Reading: Comprehending Challenging Texts”
Think about all the things you have learned over the course of your life. Many of those skills, ideas and bits of wisdom have stuck with you and remain dear to your heart because of how you felt and feel about the person you learned them from. Have you ever had a Mentor? What did you learn? How did that mentor (role model, tutor, etc.,) impact your life?
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