Opinion Column
Wednesday, May 16th, 2012
Saverin’s move is an insult to immigrant families like mine who worked hard to build something in this country.
AlterNet
by: Samuel Kang
The recent announcement that Facebook co-founder
Eduardo Saverin had renounced his U.S. citizenship to avoid future capital gains taxes on the fortune he’ll make from Facebook’s initial public offering upset quite a few people. More than anything, it’s an insult to millions of immigrants who built this nation and are continuing to build it.
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Monday, May 14th, 2012
The Huffington Post
by:Preeti Vissa
If one man can be described as absolutely key to solving the ongoing foreclosure crisis — and thus not only helping millions of struggling homeowners but also stabilizing the neighborhoods where they live — it is Edward DeMarco, head of the Federal Housing Finance Agency. The rest of the country is inching forward on tangible progress, but DeMarco could do more than anyone.
The need is as urgent now as it ever was.
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Tags: Community Reinvestment
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Tuesday, May 8th, 2012
Capitol Weekly
By Michelle Romero, Nisha Balaram
Ballot initiatives are playing an increasingly important role in setting policy in California, on nearly every issue from education to same-sex marriage, but today millions of Californians are excluded from a crucial part of the process. Despite a long history of struggle to gain voting rights in this country and to ensure that all eligible citizens can exercise this right freely, millions of citizens who do not speak English very well have no say in determining what gets on the ballot.
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Tags: Our Democracy
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Tuesday, April 17th, 2012
San Francisco Chronicle
by: Samuel S. Kang,Tuan Ngo
If you’re like most Americans, you just paid your federal income taxes. And chances are you paid at a higher tax rate than America’s wealthiest company.
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Tuesday, April 17th, 2012
The Huffington Post
by: Preeti Vissa
My job involves spending most of my time trying to figure out how those with the least can begin to build a bit of wealth and start to acquire a small piece of the American dream. That means trying to find ways to level the playing field, so that all families and communities have enough access to the assets and capital that they need in order to buy a home, start a small business, or send their kids to college.
But sometimes I get a jolting reminder of just how un-level the playing field really is. Just such a reminder arrived recently in the form of a new report from two of my Greenlining Institute colleagues, titled “TECH UNTAXED: Tax Avoidance in Silicon Valley, and How America’s Richest Company Pays a Lower Tax Rate than You Do. ”
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Friday, March 23rd, 2012
McClatchy Newspapers
by: Carla Saporta
The U.S. Supreme Court is about to consider what may be the most important civil rights case since Brown v. Board of Education. I’m referring to the pending challenge to the Affordable Care Act, the health-care reform law signed by President Barack Obama in 2010.
To call this a civil rights issue may be surprising, until you look closely.
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Tags: Bridges to Health
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Wednesday, March 21st, 2012
Huff Post
by:Preeti Vissa
The phrase “knowledge is power” dates back to at least the seventeenth century, and it’s as true today as it was then. But today, technology has become the essential portal to information, and information technology has potential to be a great social and economic equalizer — but only if we preserve today’s open Internet.
That is not by any means a sure thing.
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Tags: Consumer Protection
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Wednesday, March 21st, 2012
California Progress Report
by: Stephanie Chen and Chris Brown
Greenlining Institute
Californians know better than anyone that in today’s world technology is the essential portal to information, and the old line that knowledge is power is truer than ever. Information technology has the potential to be a great social and economic equalizer – but only if we preserve today’s open Internet.
That is not by any means a sure thing, and a U.S. Senate bill that would go a long way toward solving the problem hasn’t made progress. California’s representatives in Washington have a mixed record at best.
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Tags: Consumer Protection
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Monday, March 12th, 2012
American Banker
by: Divya Sundar
The Dodd-Frank financial regulatory reform bill included a provision creating Offices of Minority and Women Inclusion in all 20 federal agencies that regulate our financial system.
People of color are now the majority in California and several other states and are on the way to being the majority nationwide. A regulatory system that doesn’t adapt to this reality simply cannot do its job.
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Wednesday, February 15th, 2012
The Huffington Post
by: Preeti Vissa
One intriguing question from the subprime mortgage meltdown and ensuing financial crisis is: Could the crisis have been averted if our financial regulators were more plugged into the communities that were hit first and hardest?
There’s a good case to be made that it could have been. But, as a new Greenlining Institute report, “Government That Looks Like America? Racial and Ethnic Diversity in Financial Regulatory Institutions,” shows, our financial regulators are very far from looking like America.
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