Gladwyn d’Souza · @godsouza
165 followers · 2817 posts · Server sfba.socialThe #inequality in the #bondmarket perpetuates a cycle of #debt and #disinvestment in #Black communities, but it also has huge implications for #environmentaljustice and #climateresilience. If local leaders can’t raise money to protect #water lines and prepare for #floods, their constituents will end up reliant on decaying and vulnerable #public infrastructure.
“#Race should certainly not affect the pricing of #municipalbonds,” Smull told Grist.
From: @MotherJones
https://press.coop/@MotherJones/110955415883626427
#inequality #BondMarket #Debt #disinvestment #black #environmentaljustice #climateresilience #water #floods #public #race #municipalbonds
Gladwyn d’Souza · @godsouza
163 followers · 2709 posts · Server sfba.social
#whiteprivilege: The move to disproportionately lower what the #wealthy pay in #taxes will further undermine #communities that #suffer from #disinvestment... more budget cuts will come for essential services, like #publiceducation and #infrastructure #maintenance. Lower-income residents, they warn, will be hurt most.
“The wealthy tend to always look out for themselves,” Edwards said.
#alecexposed #FossilFuelConservatism #AntiWoke
#RacistRobertsCourt #TaxBillionairesOutOfExistence
#KochBirchSociety
#JohnLewisVotingRightsAct
#pandemic
https://www.motherjones.com/politics/2023/08/the-wealthy-tend-to-always-look-out-for-themselves-state-taxes-exacerbate-income-inequality/? utm_source=press.coop
#whiteprivilege #wealthy #taxes #communities #suffer #disinvestment #publiceducation #infrastructure #maintenance #ALECExposed #fossilfuelconservatism #antiwoke #racistrobertscourt #taxbillionairesoutofexistence #kochbirchsociety #JohnLewisVotingRightsAct #pandemic
Tracy Rosenberg · @twrling
421 followers · 572 posts · Server sfba.social"The legacy of #pollution and #disinvestment persists, and it is also connected to the area’s rate of #violence: formerly #redlined communities have significantly higher rates of gun violence than non-redlined neighborhoods." https://www.theguardian.com/us-news/2022/mar/31/california-port-city-pollution-gun-violence
#pollution #disinvestment #violence #redlined
Dr Francis Sedgemore · @hesgen
434 followers · 1095 posts · Server mstdn.media"‘We have money and power’: older Americans to blockade banks in climate protest"
We boomers ain't done yet.