Economy

The claims made by the current Administration that relief for homeowners is on the way obscure the reality that few of those most in need will find any relief from the Obama Plan. In particular few in the Black community which has been the target of more sub prime loans than any other community will benefit from these programs. A careful look at the plan reveals who benefits and who will not; It also reveals how the The Obama plan protects the interests of the banks at the direct expense of great suffering and loss of income in the black community. Far from ending the predatory practices which have ravaged black communities in the US the Obama plan continues to support additional profits earned through criminal activity by predatory banks and lenders such as Goldman Sachs supported fully by the Obama administration.

On Saturday April 18th the Uhuru Solidarity Movement hosted the first annual Earth Day Festival and Flea Market in West Philadelphia’s ...

Penny Hess The U.S. stock market continues to rise from its recent lows and some of the mainstream media is declaring that economic recovery...

Parasitic Capitalism 101: Make Billions of Dollars by Ripping Off African People. Part 2. U.S. Wages Domestic Counterinsurgency to Protect Parasitic Capitalism The U.S. government’s COINTELPRO...

Capitalism was born from the theft of African people, African gold and African labor, along with theft of Indigenous lands and resources throughout the...

Bailouts totaling $13.5 trillion dollars of taxpayer’s money have been pledged by the government to rescue banks, bankers and CEOs. Meanwhile, Obama administration policies...

The parasitic capitalist economy, led by the United States, is on its deathbed. Despite the fact that parasitic capitalism is hooked up to an artificial...

As the capitalist economic crisis deepens throughout the world, mainstream media sources are predicting that the impact of the crisis in Africa will be...

Community gardens, solar energy and self-sufficient economic institutions will be the focus of the founding conference of the African Village Survival Initiative to be...