Professor of Law Mehrsa Baradaran explains how Richard Nixon [President of the United States from 1969 to 1974] ignored “meaningful economic reforms proposed by black activists” for housing integration, reparations or both, because “[a]greeing to demands for federal spending or reparations in the ghetto was anti-capitalist.” “[W]ith the assistance of Alan Greenspan, the Nixon campaign’s economic adviser (and future Federal Reserve chairman)”, Nixon devised “black capitalism,” tax and credit policies that were repeated under different names and in one form or another in virtually every administration since. Baradaran concludes by saying “These programs fail because the benefits of capitalism always accrue to the owners of the capital, not to the people living in enterprise zones or promise zones. Using capitalism to fix the racial wealth gap will work only if there is a means to transfer capital, assets, wealth or housing.” Read the entire op ed by clicking here.
Today is her born day in the year of her passing. How do I celebrate the loss of the one to whom I and my twin sister, we, were presented as a gift? With tears of joy, and feelings of gratitude, I simply whisper “I miss you” in my morning prayers.
I say, “thank you for sharing your life with us.”
I think, I have been blessed to be your gift for almost 50 years.