A Quote by Julianne Malveaux

While the banks got big bailouts, a sizeable chunk of African-American wealth evaporated because so many people lost homes.

Julianne Malveaux

Quote Topics

African African-American American Bailouts Banks Because Big Chunk Got Homes Lost Many People So Many People Wealth While

Quote Author

Julianne Malveaux
American - Economist
Born: September 22, 1953

When you have a policy of making sure that African Americans cannot build wealth, of plundering African American communities of wealth, giving opportunities to other people, it's only right that you might want to, you know, pay that back.

Ta-Nehisi Coates

There clearly is a serious race problem in the country. Just take a look at what's happening to African American communities. For example wealth, wealth in African American communities is almost zero. The history is striking.

Noam Chomsky

Civilization is a stream with banks. The stream is sometimes filled with blood from people killing, stealing, shouting and doing the things historians usually record, while on the banks, unnoticed, people build homes, make love, raise children, sing songs, write poetry and even whittle statues. The story of civilization is what happened on the banks.

Will Durant

In L.A., I was a talent manager for many years. I represented many African-American actors. After a while, I became disheartened over the shortage of roles for African Americans.

Lee Daniels

I think the bailouts in 2008 were wrong. And I think, you look in hindsight, it was a lot of misinformation that was presented about the bailouts of the banks in the West.

Steve Bannon

In a moment when young black voters were key to the election and the reelection of a black president, when the Department of Justice has been led these years by the first two African-American attorneys general, when many big cities boast African-American league prosecutors and police chiefs and mayors, even in this moment, why is it that it still feels to so many young people that there is more power for change on the court than in the courts?

Melissa Harris-Perry

But all three of them had had to lose things in order to gain other things. Will had lost his shell and his cool and his distance, and he felt scared and vulnerable, but he got to be with Rachel; and Fiona had lost a big chunk of Marcus, and she got to stay away from the casualty ward; and Marcus had lost himself, and got to walk home from school with his shoes on.

Nick Hornby

I think the critical point, really, is that we need to focus black economic empowerment more on the creation of new wealth rather than on these big deals that have been characteristic of this process in the past, of people going to banks, borrowing a lot of money, buying this and when the shares don't perform very well, the shares go back to the banks, because there's other people who own this anyway. I think we need to re-focus it so that it really does impact on growth, new investment, new employment and a general, better spread of wealth in South Africa.

Thabo Mbeki

As a young man, I lived through the Great Depression, when banks failed and so many lost their jobs and homes and went hungry. I was fortunate to have a job at a canning factory that paid 25 cents an hour.

James E. Faust

I rescue families who are losing their homes because they have no jobs and they can't pay the mortgage and the banks are foreclosing on their homes.

will.i.am

Too many people have lost their lives, particularly in the African-American community, for the right to vote. I stand in their shadows and I am standing on their shoulders.

Jaime Harrison

I think there's a disconnect between political leaders and young voters around a lot of things related to the private sector. For example, a lot of politicians continue to attack big banks. While I'm not a defender of big banks, my sense is younger voters have had generally pretty good experiences with banks.

John Delaney

Nine million people - nine million people lost their jobs [in 2008]. Five million people lost their homes. And $13 trillion in family wealth was wiped out.Now, we have come back from that abyss. And it has not been easy.

Hillary Clinton

I was playing golf. I swung, missed the ball, and got a big chunk of dirt. I swung again, missed the ball, and got another big chunk of dirt. Just then, 2 ants climbed on the ball saying, "Let's get up here before we get killed!"

Henny Youngman

I am an American. Black. Conservative. I don't use African-American, because I'm American, I'm black and I'm conservative. I don't like people trying to label me. African- American is socially acceptable for some people, but I am not some people.