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Sonya Massey Should Still Be Alive By David W. Marshall

July 29, 2024

david w. marshall

Sonya Massey

(TriceEdneyWire.com) - In many ways our nation has changed, but it hasn’t changed. When the National Memorial for Peace and Justice, informally known as the National Lynching Memorial, opened in Montgomery, Alabama, it was to commemorate the Black victims of lynching in the United States. Its focus was to acknowledge past racial terrorism and advocate for social justice throughout our nation. Symbolically placed on high ground overlooking the city, it is located approximately a mile from the state capitol building and the city’s overabundance of Confederate statues.

The powerful museum explains lynching as a direct legacy of slavery and a way of enforcing white supremacy. Lynching often involved amputations, mutilation, torture and castration. The bodies were publically lifted up and displayed in full view because they wanted to intimidate and traumatize Black communities. The spilling of innocent blood is their legacy which was tolerated and often aided by law enforcement and elected officials. Exhibits explore a consistent history of violence and control over Black Americans. More than 4,400 Black people were killed in racial terror lynching between 1877 and 1950. They are remembered having their names engraved on more than 800 monuments – one for each county where a lynching took place.  As this memorial confronts the shameful history of racial terror, it also reminds us that this legacy of fear and trauma continues today by way of unjust killings of Black people at the hands of law enforcement.

George Wallace once occupied the Alabama state capitol as governor. His idle words would eventually become deadly. He provoked public violence in the south where people were inspired to put violent action behind their personal feelings of resentment and rage. Many of Wallace’s speeches were rallying cries which indirectly motivated acts of domestic terror, harassment and even murder. During the same year as his infamous “segregation now” speech, Wallace in a newspaper interview, said he believed Alabama needed a “few first-class funerals” to stop racial integration. One week later, four young girls were killed and over 20 others were injured in a bombing at the 16th Street Baptist Church in downtown Birmingham. Martin Luther King later informed Wallace that “the blood of four little children….is on your hands. Your irresponsible and misguided actions have created in Birmingham and Alabama the atmosphere that has induced continued violence and now murder.”

Wallace changed, but he didn’t change. In his case, while campaigning for president in Maryland, Wallace was shot as part of an assassination attempt leaving him permanently paralyzed. Being bound to a wheelchair can make a person humble. Each person is ultimately held accountable for their actions. A contrite Wallace met with various civil rights activists and addressed Black congregations to personally ask for their forgiveness. While speaking before a Black church in Montgomery, Wallace showed that a man can change his ways. “I think I can understand some of the pain that Black people have come to endure,” he said. “I know I contributed to that pain, and I can only ask for your forgiveness.” In Wallace’s public campaign for forgiveness, John Lewis said that while he could never forget the hatred Wallace unleashed and his “political opportunism” he could forgive him. “George Wallace should be remembered for his capacity to change,” Lewis wrote years later in The New York Times. “And we are better as a nation because of our capacity to forgive and to acknowledge that our political leaders are human and largely a reflection of the social currents in the river of history.” The forgiveness helps to address the personal and community trauma, but did Wallace go far enough?

History makes it clear that Wallace, who once had Ku Klux Khan members for advisors, went to the Black community for their forgiveness. It is not clear what message a contrite Wallace had for the white church and community. As Wallace went to Black congregations for forgiveness, did he return to white congregation with a message of racial reconciliation? Did he ask for forgiveness from the white church and community for perpetuating their racial hatred toward Blacks for his political gain? Did he challenge the white power structure to change? The oppressed can forgive, but can the oppressors repent? The forgiveness by members of one community is only part of the equation if we are to see a true end to America’s legacy of lynching. Forgiveness is really the second part. The first and critical half is the repentance by specific members of the white church and community who still uphold this legacy of white supremacy and the lack of value for a Black life. Wallace changed, but he didn't change enough to boldly correct to his counterparts. Today, the Black community is still paying a heavy price as a community as whites fail to boldly confront their counterparts. This out of control legacy of lynching is one of the root causes behind our police misconduct problem.

For the hanged and beaten. For the shot, drown, and burned. For the tortured, tormented and terrorized. For those abandoned by the rule of law. We will remember. William Donnegan was a shoemaker and once a conductor on the Underground Railroad. During the Springfield massacre of 1908, a white mob unsuccessfully attempted to lynch Donnegan and left him for dead. Police later cut him down from a tree outside his home. He was transported to the hospital where he later died from his injuries. In July 2024, Sonya Massey was shot by law enforcement in her home over a pot of hot water. Massey was a descendent of William Donnegan.  She, like any concerned citizen, called police in fear of a home intruder. As we make the generational connection, Sonya Massey and William Donnegan died at the same St. John’s hospital 116 years apart. Two lives cut short over a senseless attack. Things change, but they don’t change.

David W. Marshall is the founder of the faith-based organization, TRB: The Reconciled Body, and author of the book God Bless Our Divided America.

                         

We Can Fulfill America’s Promise by Throwing Everything We’ve Got at the Climate Crisis By Ben Jealous

benjealous pfaw

(TriceEdneyWire.com) - Independence Day at its best is a call to action to leave our children an America as good as its promise.

This time of year makes me think about my family’s journey in this country. My father’s family is white. He descends from the youngest combatant at the Battle of Lexington and Concord. My mother’s family is Black. She descends from two Black Virginia statesmen who helped to rebuild the Commonwealth after the Civil War. One of them descended from Thomas Jefferson’s grandmother.

Today, both families, like many Americans, live at or near some version of the same address. It is that place where there used to be factories and when they shut down, what shot up was poverty, despair, suicide, and opiate addiction. And as if all that were not enough to deal with, it keeps getting hotter. The floods come more often. The super storms do as well.

If there is a silver lining in all this struggle, it is this: There is one solution that can tackle all these problems, and that is throwing everything we’ve got at stopping the climate crisis. If we do that, we will turn around the economy, our neighbors’ lives, and the fate of the planet itself. 

The next five years will define who leads the world economy, us or China. Our leadership in innovation and design allowed us to take an early lead in the areas of electric vehicles (EVs) and other green technologies. But China leads in manufacturing. Today they dominate solar panel production and have overtaken the US on EVs as well. Still, we have not given up the fight, despite calls from Fox News and others for us to do just that.

Georgia is home to the largest solar panel production facility in the Western Hemisphere. The same company that owns that plant, Qcells, is about to open another one in Georgia that will be the only plant outside of China producing every component of the panel, from ingot to finished product.

Tennessee, North Carolina, and other southern states have a battery belt. EVs are rolling off the assembly lines in Detroit and elsewhere. Illinois has very recently become home to a boom in production of both EVs and EV components. In short, because of the green economy America has helped the world give birth to, and the investments in manufacturing and infrastructure made under President Biden, we are opening new factories with increasing frequency and beginning to see the signs of an economy that will lift all boats again. This means thousands upon thousands of good jobs coast to coast. It has been revolutionary in places like Dalton, GA, the location of Qcells’ existing Georgia plant. There, a wall is decorated with the artwork of employees’ children showing their parents as heroes saving the planet.

The other part of the equation to save the planet requires us to protect and rebuild our forests. Expanding wild areas and protecting nature brings more jobs to rural America and helps preserve ancient ways of hunting, fishing, and connecting with the natural world.

The benefits of protecting and planting more trees are not just for rural areas. Restoring our urban tree canopies is one of the most effective things we can do to combat the urban heat crisis in cities across the country. Recently I have been out visiting cities around the country, from Phoenix, Arizona to Lansing, Michigan, with US Department of Agriculture Undersecretary Homer Wilkes promoting the administration’s $1.5 billion tree planting initiative.

Every new tree casts shade and its shade makes the temperature feel 10-15 degrees cooler than it does in the sun. That encourages people to get outdoors. More people outside and on the street means communities are better protected, safer, and more connected. Andb better connected communities are more content and, due to reduced social isolation among its members, experience less suicide.

The pursuit of America’s promise is an ongoing journey. Although we may feel separate from each other at times, we walk this road together. And we will all rise or fall together. On America’s birthday, let us choose to rise by meeting the challenge of the climate crisis and making the world a better place for everyone along the way.

Ben Jealous is the Executive Director of the Sierra Club and a Professor of Practice at the University of Pennsylvania.

State of the Nation’s Housing 2024: Cost of the American Dream Jumped 47 percent since 2020 By Charlene Crowell

June 22, 2024
 
Hands of family together holding house in green park - family home and real estate concept
In the worst circumstances are those who no longer have a place to call home. In 2023, a record 653,100 people experienced homelessness on a single night in January, up 70,600 people in a single year, according to The State of the Nation’s Housing 2024, an annual report just published by Harvard’s Joint Center on Housing Studies (JCHS). This figure includes an additional 22,800 people living outside or staying in places not intended for human habitation, pushing the unsheltered population to an all-time high. 
The report also documents that of the 22.4 million renters who pay over 30 percent of household income for housing, 12.1 million of these consumers pay more than half of their income on housing and utilities. And nationwide, renters with the lowest incomes have just $310 left over each month to cover all their non-housing needs.
“Rents have been rising faster than incomes for decades,” says Alexander Hermann, a Senior Research Associate at the Center. “However, the pandemic-era rent surge produced an unprecedented affordability crisis that continues.”
More than half of Black (57 percent), Latino (54 percent), and multiracial (50 percent) renter households remain cost-burdened since 2022.  As a rule, affordable housing should cost no more than 30 percent of household income.
Renters seeking to transition to homeownership face daunting financial challenges as well.
“Whether it’s the high downpayment or the monthly mortgage payments, the costs of buying a home have left homeownership out of reach to all but the most advantaged households,” says Daniel McCue, a JCHS Senior Research Associate. 
According to the report, a consumer purchasing a home with an affordable FHA loan that requires only a 3.5 percent down payment would incur a  a monthly payment of $3096, and  an annual income of at least $119,800, only one in seven (6.6 million) of the nation’s 45 million renters can qualify for that mortgage payment.
“In the event a buyer could not qualify for a low-downpayment loan, the required cash would be $89,600 for a 20 percent downpayment and 3 percent closing costs on the same property. Assuming the buyer earns the national median household income of $74,800, they would need to save more than a full year’s salary to amass sufficient cash,” states the report.
 
Beyond the nation’s 47 percent jump in housing costs since 2020, households of color now have additional hurdles to overcome before achieving their own American Dream.
For example, increasing costs and numbers of climate disasters have led to corresponding increases in home insurance costs. In 2023, the number of billion-dollar disasters reached a record 28, affecting 60.5 million housing units.
In reaction, and according to Forbes, the average annual cost for insurance on a house valued at $350,000 is $1,678. However,  insurance costs in Alabama, Florida, Kansas, and Mississippi average more than  $2,000 per year. Residents in Arkansas, Louisiana, and Oklahoma pay more than  $3,000 yearly.
Further, historic racial wealth disparities contribute to the nation’s large racial homeownership gap,  Intergenerational transfers of wealth that often help whites with downpayments and/or mortgage financing remain an exception rather than the rule for many Blacks, according to JCHS. And access to affordable credit remains a nagging deterrent to homeownership.      
“Addressing these challenges will not be easy,” says Chris Herbert, Managing Director of the Center. “But with concerted efforts by policymakers at all levels of government, together with the private and nonprofit sectors, we have the ability to increase the supply of quality, affordable homes in thriving communities across the US.”
Charlene Crowell is a senior policy fellow with the Center for Responsible Lending. She can be reached at This email address is being protected from spambots. You need JavaScript enabled to view it..

Black Americans Are Embracing a New Era of Financial Inclusion By Congressman Jonathan Jackson

June 22, 2024

Congressman Jonathan Jackson

(TriceEdneyWire.com) - In a country where wealth disparities persist, financial inclusion is still the road that leads to equity. Black Americans have historically faced barriers to wealth generation and investment opportunities. Today, the tide is turning, and technology is paving the road to education, access, and empowerment.

A myriad of new technologies continue to create more opportunities for our historically underserved communities to participate in the financial system, including in the areas of banking and investing.

What is Financial Inclusion?

At its core, financial inclusion is a term of hope. It aims to ensure all individuals and communities, regardless of socio-economic background, have equitable access to affordable and reliable financial services to manage their finances, invest, save, and build wealth.

For Black Americans, it represents a pathway to rectifying historical injustices and systemic barriers that have hindered economic progress for centuries. Financial inclusion is a prime facilitator of poverty reduction and a generator of financial stability for Black families to accumulate assets and create pathways to mobility.

Technology: A Great Equalizer

Access to modern technology is not universal, and the digital divide is a crucial example of how much we still need to achieve. But for many Black people throughout the country, technology provides an unprecedented opportunity to participate in the financial market. Here’s how:

  • Access to Information: The internet provides a wealth of knowledge previously kept from marginalized groups at a lower cost only technology can produce. Now, those groups can educate themselves about personal finance, investment strategies, and wealth-building.
  • Mobile Apps: Apps have transformed the way we connect with businesses and one another. Intuitive interfaces, quicker response times, and overall enhanced user experience make apps a powerful tool for us to do business.
  • Financial Literacy: Educational resources are available to empower individuals to make informed financial decisions, whether through e-newsletters, podcasts, webinars, or online courses.
  • Digital Banking: Online banking allows for more convenient and cost-effective money management. No longer tied to physical branches, underserved communities can transact, save, and invest from anywhere.
  • Fintech: With the convergence of finance and technology, Fintech is leveraging digital platforms to create innovative solutions to democratize financial services. Companies like Robinhood have enabled a new wave of investors to participate in the stock market without costly trading commissions and high account minimums.

According to the Ariel-Schwab Black Investor Survey conducted in 2022, trust in technology surpasses trust in people when it comes to managing assets. Young Black investors are leading the charge, with three times as many investing in the stock market for the first time in 2020, compared to their white counterparts. Additionally, 29% of Black investors under 40 were new to investing in 2020, compared to 16% of white investors.

Federal Reserve data reinforces this trend. In 2022, 58% of American households owned stocks. Notably, Black and Hispanic investors increased their participation significantly, both almost doubling since 2019.

The Road Ahead

The Black community stands at the forefront of this era, where under-resourced communities embrace their newfound access to the financial landscape. But despite increasing literacy and inclusion and the combined efforts of our political leaders, including the Congressional Black Caucus and the Financial Services Committee, and recent legislation like the “Financial Innovation and Technology for the 21st Century Act” (FIT21), history has taught us that our continued progress isn’t guaranteed. Some federal regulators, like Securities and Exchange Commission’s Gary Gensler, have pursued new regulations that would undermine important efforts to narrow the racial wealth gap and increase financial inclusion for the Black community.

As we look ahead, the support of young and new voices in Congress who champion pro-innovation policies is exactly what we need to sustain momentum. Despite the setbacks, recent progress is encouraging, but there is so much more that can be done to increase participation. Harnessing the power of technology and advocating for financial inclusion can pave the way for a more equitable future where every Black American is ensured the tools needed to thrive and prosper.

Rep. Jonathan Jackson (D-Ill.), representing Illinois’ First Congressional District, is a lifelong activist committed to social justice and equity for marginalized groups. Learn more about Congressman Jackson here.

5 Strategies to Grow Black Homeownership By Antoine M. Thompson

June 18, 2024

Antoine Thompson

 

(TriceEdneyWire.com) - In 1865, over 159 years ago, the U.S. eliminated or outlawed slavery in the U.S. with the passage of the 13th Amendment to the U.S. Constitution. One of the promises and pledges to freed slaves was that each would receive 40 acres and a mule. This commitment would help former slaves with building a home, raising a family and growing wealth through land ownership and entrepreneurship. While some Black Americans were able to receive land in the 1860s and 1870s, unfortunately, many former slaves nor their descendants ever received land. In fact, many Black Americans that were given land were chased off their land with force and brutality from the Ku Klux Klan (KKK) and other white supremacy organizations. 

Still to this day the dream of land and homeownership continues to be elusive for Black Americans from slavery, post slavery, the Jim Crow Era, the Civil Rights Era to the present. Whether it was the trick bag of sharecroppingland contractssubprime loanseminent domain policies or outright redlining of Black neighborhoods by banks and government organizations, it should not come as a surprise that there continues to be a persistent 30-point racial gap in homeownership rates in the U.S. Racial disparities in homeownership is at the core of wealth inequality in this country, you can’t separate the two. America is anchored in home and land ownership, always has been, always will be. In fact, for many years, only white men that owned property could vote in the U.S. 

Below are several strategies to help grow Black homeownership in the U.S.: Federal Student loan forgiveness for purchasing a home.  African Americans are disproportionately impacted by student loan debt forcing many to forgo homeownership. A program that addresses this disparity and forgives student loan debt would help many Black Americans achieve their homeownership dreams.

Create down payment assistance and federal Housing programs for Black descendants of slavery. Currently there are initiatives and dedicated federal housing and mortgage lending programs and incentives for Native Americans, similar efforts should be established for Black Indigenous People of Color (BIPOC), those that are descendants of slaves in America. 

Create federal and state homeownership zone programs in communities with persistent low rates of Black homeownership especially in formerly redlined communities. Intentional efforts to invest in rehabilitation of existing homes, coupled with infill housing, funding for homebuyer education, downpayment and closing subsidies, special purpose mortgage credit programs, energy efficiency

grants, and property tax incentives would have a huge impact on increasing Black homeownership. 

Lower mortgage interest rates despite the current historically low rate of Black unemployment in the U.S., high mortgage interest rates are limiting the potential for increasing the growth rate of Black homeownership. According to data from 

Freddie Mac, there are over 2 million mortgage/credit eligible potential Black American homebuyers in the U.S. 

Increasing the number of Black Real Estate Agents, Appraisers, Loan Officers and Underwriters the housing ecosystem sorely lacks diversity. Underrepresentation in these key professions plays a major role in housing discrimination, redlining, bias in mortgage lending, and the undervaluing of properties owned by Black Americans. 

It’s important to note that Juneteenth and homeownership month are in the same month. Hopefully, one day, the promise of land and home ownership will be realized equally and equitably for Black Americans. 



Antoine M. Thompson is a housing policy expert, President of the Black Housing Policy Network (BHPN), Licensed Real Estate Agent with EXP Realty Group, former National Executive Director of the National Association of Real Estate Brokers (NAREB). He is a former NYS Senator and former Buffalo City/Common Council Member.

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