9
rubenfeld

wnyc:

A Mid-Century Redlined Map of Brooklyn (used by the Home Owners Loan Corporation)

"Redlining" refers to the maps used by the HOLC and other agencies to make decisions about where to offer loans. The areas in red effectively shut out minority neighborhoods from homeownership. More maps linked to from the Brian Lehrer Show website, where he discussed redlining and discriminatory housing practice as part of his conversation with Ta-Nehisi Coates today.

-Jody, BL Show-


Source wnyc
Y

US economy shrank at 1 percent rate in Q1

rubenfeld

The U.S. economy was battered even more than first suspected by the harsh winter, actually shrinking from January through March. But economists are confident the contraction was temporary.

The economy contracted at an annual rate of 1 percent in the first quarter, the Commerce Department said Thursday. That was worse than the government’s initial estimate last month that gross domestic product grew by a barely discernible 0.1 percent in the first quarter. It was the economy’s first quarterly decline since a 1.3 percent drop in the first three months of 2011.

This year’s dip reflected slower stockpiling by businesses, a cutback in business investment and a wider trade deficit. Economists are looking for a strong rebound in the April-June quarter as the country shakes off the effects of a severe winter.


Source yahoonews
v

MC5, Kick Out the Jams

rubenfeld

lnthefade:

Having a twitter discussion in which I posited that this is the greatest rock and roll song of all time (and also about how I want to make a list of greatest rock songs that does not include Stairway to Heaven).