Economy

Study finds mortgage discrimination

By R. Neal
June 1, 2006 - The Durham, NC based Center for Responsible Lending has released a new study showing widespread discrimination against Blacks and Hispanics in the mortgage lending industry:

TN votes on wage hike; it's good business

May 24, 2006 - The Tennessee legislature will vote today on whether to boost the minimum wage, joining several others states (including North Carolina) seeking to shore up the federal wage floor which languished nationally since 1997.

Tennessee minimum wage update

By R. Neal
April 13, 2006 - A proposed Tennessee minimum wage increase was approved by the House Budget subcommittee. But there's a catch. According to a local newspaper report, the bill was amended to exclude restaurant workers who receive tips and part-time workers at movie theaters and "similar businesses". According to the article, Regal Cinema (based in Knoxville) had expressed concerns about the bill.

Decent pay

April 12, 2006 - Opponents of bringing the minimum wage in line with today's economy often say a wage hike will destroy small business. (They also argue that most businesses already pay higher wages anyway, an argument that completely contradicts the first point -- but I digress.)

Cracking down on abusive lenders: it works

February 24, 2006 - Each year, consumers lose $25 billion due to predatory mortgages, payday loans, and other lending abuses like overdraft loans, excessive credit card debt, and tax refund loans. These nefarious banking practices strip away wealth from low-income people and communities, and transfer them to powerful finance interests.