Yesterday the Governor gave a sobering State of the State address where he called on the legislators to put aside their ideological differences and continue their work on the state budget. The Governor stressed $42 billion deficit and the fact the California, the eighth largest economy in the world, would be insolvent by the end of [...]
Archive for the ‘Economic Empowerment’ Category
2009 State of the State
Posted in Economic Empowerment on January 16, 2009 | Leave a Comment »
Stand Up Against Pay Discrimination for Women
Posted in Economic Empowerment on January 9, 2009 | Leave a Comment »
The National Women’s Law Center Needs Your Help
The House has passed both the Lilly Ledbetter Fair Pay Act and the Paycheck Fairness Act — crucial bills that provide women with critical tools to challenge pay discrimination. The Senate is expected to vote early next week on the Lilly Ledbetter Fair Pay Act and the Paycheck Fairness Act and we need [...]
Housing Push for Hispanics Spawns Wave of Foreclosures
Posted in Economic Empowerment on January 6, 2009 | Leave a Comment »
By SUSAN SCHMIDT and MAURICE TAMMAN
The Wall Street Journal
California Rep. Joe Baca has long pushed legislation he said would “open the doors to the American Dream” for first-time home buyers in his largely Hispanic district. For many of them, those doors have slammed shut, quickly and painfully.
Mortgage lenders flooded Mr. Baca’s San Bernardino, Calif., district [...]
Legislature Passes Budget Proposal
Posted in Economic Empowerment, tagged Budget on September 16, 2008 | Leave a Comment »
What They’re Saying…
About The Legislature’s Budget
Sacramento Bee’s Dan Walters: “Nobody Could Have Dreamed Up A Less Responsible, More Gimmicky,Sure-To-Backfire State Budget Than The One California’s Political Leaders Cobbled Together…” (Dan Walters, “State Budget Relies On Sham Revenue,” Sacramento Bee, 9/16/08)
Legislature Punts And Kicks – With Borrowing And Gimmicks – Our Budget Problems Into [...]
Income Gap in California, Among Largest in the U.S.
Posted in Economic Empowerment on July 7, 2008 | Leave a Comment »
The gap between California’s low- and high-income families is the eighth largest in the nation, according to a new study by the Center for Budget and Policy Priorities and the Economic Policy Institute. In the mid-2000s, the average income of the wealthiest 20 percent of California families was approximately eight times that of the poorest [...]
Tax Time
Posted in Economic Empowerment on July 7, 2008 | Leave a Comment »
It’s that time of the year and income tax returns are past due. Ever wonder how much tax money Latinas living in other U.S. states pay their governments? Moreover, how much money do Latinas and other Californians pay to their state and local governments? The Public Policy Institute of California answered those questions in its [...]
Dropping Home Values
Posted in Economic Empowerment on July 7, 2008 | Leave a Comment »
The housing crisis is adversely affecting thousands of Latinas throughout California. Among the major issues with the crisis, are the dropping home value rates. With homes in or facing foreclosure accounting for more than one-third of sales, activity in Southern California inches up in March while the median price falls.
A new article from the [...]
Price Increase for Prescription Drugs
Posted in Economic Empowerment on July 7, 2008 | Leave a Comment »
A new article released by the New York Times chronicles the attempts of health insurance companies to adopt new pricing systems for very expensive drugs. With this new strategy, patients will have to pay hundreds and even thousands of dollars for prescriptions for medications that may save their lives or slow the progress of serious [...]
Latino Population Trends 2005-2050
Posted in Economic Empowerment on July 7, 2008 | Leave a Comment »
If current trends continue, the population of the United States will rise to 438 million in 2050, from 296 million in 2005, and 82% of the increase will be due to immigrants arriving from 2005 to 2050 and their U.S.-born descendants, according to new projections developed by the Pew Research Center.
Of the 117 million people [...]
Women Most LIkely to Recieve Sub-Prime Lending Loans
Posted in Economic Empowerment on March 1, 2008 | Leave a Comment »
Women are more likely to receive sub prime home mortgage than men and these higher rates of sub prime lending make it harder for households headed by women to build wealth through homeownership. In 2005, about a third of women took out mortgages with interest rates over 7.66% (well above the average prime mortgage rate [...]
