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“Read this book. It explains so much about the moment...Beautiful, heartbreaking work.” —Ta-Nehisi Coates “A deep accounting of how America got to a point where a median white family has 13 times more wealth than the median black family.” —The Atlantic “Extraordinary...Baradaran focuses on a part of the American story that’s often ignored: the way African Americans were locked out of the financial engines that create wealth in America.” —Ezra Klein When the Emancipation Proclamation was signed in 1863, the black community owned less than 1 percent of the total wealth in America. More than 150 years later, that number has barely budged. The Color of Money seeks to explain the stubborn persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks. With the civil rights movement in full swing, President Nixon promoted “black capitalism,” a plan to support black banks and minority-owned businesses. But the catch-22 of black banking is that the very institutions needed to help communities escape the deep poverty caused by discrimination and segregation inevitably became victims of that same poverty. In this timely and eye-opening account, Baradaran challenges the long-standing belief that black communities could ever really hope to accumulate wealth in a segregated economy. “Black capitalism has not improved the economic lives of black people, and Baradaran deftly explains the reasons why.” —Los Angeles Review of Books “A must read for anyone interested in closing America’s racial wealth gap.” —Black Perspectives
When I decided to write a book about finances geared towards poor and middle-class minorities, I received massive amounts of pushback. Many people laughed and expressed to me that "these" people don't read, therefore how was I going to reach my target audience? It was at that moment that I realized that I had to complete Colored Money immediately. I realized that I needed to keep the content simple, straightforward, and to the point. I broke the content of Colored Money into two parts. The first part of Colored Money is the KNOWLEDGE side, and the second part is the ACTION PLAN. I separated the content into these two parts to allow the reader to easily reference different parts of the book as they start to acquire more and more assets while simultaneously showing the reader how to buy liabilities correctly. Throughout the course of Colored Money, we will discuss the difference between assets and liabilities. We will also discuss the different types of income and how they affect your financial freedom and your freedom of time. We will discuss alternatives to things that typically plaque lower income communities such as a lack of financial literacy and wasteful spending habits.It's time we break free from the challenges and circumstances that have been "chained" to our people and our families for generations by educating ourselves, our children, and our communities about money, wealth, and freedom. It starts with Colored Money.
A legendary pool hustler tries to make a comeback in the novel that inspired the Martin Scorsese film: “A great read, entertainment of a high order” (Los Angeles Times). Fast Eddie Felson was the best in the country. Then he walked out on his talent. He ran a poolroom for the next twenty years, got married, and watched pool games on television. One evening he watches a pool player who reminds him of his old rival, Minnesota Fats, and it sparks something in him. Feeling a sudden grief at the loss of his old self and his old life, he leaves behind his business—and his marriage—and finds Fats, now retired in the Florida Keys. Now the pair is about to embark on a tour of the country together. Eddie hopes to recapture his glory days, but the journey will come with a price . . . The author of the classic The Hustler, which also features Fast Eddie Felson, “is unequaled when it comes to creating and sustaining the tension of a high stakes game. Even readers who have never lifted a cue will be captivated” (Publishers Weekly). “Tevis writes about pool with power and poetry and tension. From the opening scene of this fine book, the reunion between Eddie and Fats twenty years after, the staccato beat of the prose and finely drawn characters grab the reader and don’t let go. You don’t have to like pool to like this book, to appreciate its sense of living on the edge.” —The Washington Post
Confederate Currency Exhibition Catalogue is the companion book to the nationally acclaimed traveling exhibition by John W. Jones. The exhibition pairs images of enslaved Africans engraved on Confederate money with paintings inspired by the engravings.The popular exhibition has broken museum attendance records and has been critiqued and described in articles in 456 publications, including The New York Times, the Wall Street Journal and Time magazine. CNN, PBS and NPR.In the book, slaves are shown clearing farmlands, planting cotton, hoeing fields, picking cotton, baling cotton, carrying cotton, bringing cotton bales to the market, steamboats and trains. There are bank notes showing slaves cooking for their white masters in SC, picking sugar cane in Tennessee and Alabama, harvesting turpentine in Georgia, carrying tobacco in Texas, feeding a horse in Virginia, harvesting corn in Missouri, working in a factory in NC, and even working on a wheat farm for George Washington.This book is the first documentation of slavery on Confederate and Southern money in one collection, and is sure to become an indispensable reference work for paper money collectors. The introduction, five scholarly essays and time-line will interest historians, museum professional, students and general readers. It includes a free CD-ROM with images of hundreds of additional currencies that show depictions of slavery.
“Read this book. It explains so much about the moment...Beautiful, heartbreaking work.” —Ta-Nehisi Coates “A deep accounting of how America got to a point where a median white family has 13 times more wealth than the median black family.” —The Atlantic “Extraordinary...Baradaran focuses on a part of the American story that’s often ignored: the way African Americans were locked out of the financial engines that create wealth in America.” —Ezra Klein When the Emancipation Proclamation was signed in 1863, the black community owned less than 1 percent of the total wealth in America. More than 150 years later, that number has barely budged. The Color of Money seeks to explain the stubborn persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks. With the civil rights movement in full swing, President Nixon promoted “black capitalism,” a plan to support black banks and minority-owned businesses. But the catch-22 of black banking is that the very institutions needed to help communities escape the deep poverty caused by discrimination and segregation inevitably became victims of that same poverty. In this timely and eye-opening account, Baradaran challenges the long-standing belief that black communities could ever really hope to accumulate wealth in a segregated economy. “Black capitalism has not improved the economic lives of black people, and Baradaran deftly explains the reasons why.” —Los Angeles Review of Books “A must read for anyone interested in closing America’s racial wealth gap.” —Black Perspectives
The sequel to The Hustler sees former champion "Fast" Eddie Felson return to the thrilling world of competitive pool—from the bestselling author of The Queen’s Gambit. The basis for the famed Martin Scorsese film. "Tevis writes about pool with power and poetry and tension.... Grabs the reader and doesn't let go. You don't have to appreciate pool to like this book, to appreciate its sense of living on the edge." —Washington Post Twenty years have passed since “Fast” Eddie Felson conquered the underground pool circuit. During that time he married and ran his own pool hall, but having left that all behind he’s now badly in need of money, and pool is all he knows. On the beautiful aquamarine waters of the Florida Keys, he ropes his former rival Minnesota Fats into a series of exhibition matches in the hopes of picking up a cable TV deal. But playing the old master, a terrible feeling nags at him that he’s sat on his talent and that the best part of him is now gone. And when he vows to get back in the game—seriously, this time—he finds a challenging road ahead, and the only thing standing in his way is himself.
"How far do you go?" That was truck driver, Marvin Casey's question. "How far? Do you chance the love of a good woman? Do you risk your own life?" Marvin gladly takes the job when he is shown the money, he needs the cash so bad just watching Tony Trejo count it made his knees weak and his mouth water. The Lion looks at the needy driver, "Are you sure you want to do this?" The sign read "123 miles to Laredo, Marvin can taste the balance of the money owed to him. The scale house at Mile Marker 119, "the Devine Weigh Station is his last hurdle, "Lord, please, bypass me!" he prays. The trucker looks over to see a Texas D.O.T. Officer sitting at the scale's entrance, the State Trooper and the driver lock eyes just a moment and the officer immediately waives the truck driver in for an inspection. "SHIT!" he yells. "Outlaw!" a voice says over his CB radio, "I believe that "Full Grown is waiving at you!"
A case study of Milwaukee, Wisconsin exploring how lending practices and access to capital are shaped by race.
What is the real story behind the fight over affirmative action at colleges? Veteran journalist Peter Schmidt exposes truths that will outrage readers and forever transform the debate. He reveals how: * colleges use affirmative action to mask how much they cater to the country club crowd and to solicit support from the big corporations they steer minority students toward; * conservatives have used opposition to affirmative action to advance a broader agenda that includes gutting government programs that help level the playing field; * selective colleges reward families for shielding their children from contact with other races and classes and help perpetuate societal discrimination by favoring applicants from expensive private schools or public schools in exclusive communities; * racial tensions like those witnessed at Duke University, the University of Michigan, and scores of other campuses in recent decades are a direct result of college admissions policies; * affirmative-action preferences for women and minorities may have survived recent court challenges, but in much of the nation they are unlikely to survive the forces of democracy; and * regardless of what happens with affirmative action, African Americans are going to be denied equal access to colleges for many decades to come unless American society undergoes revolutionary change. This is a startling, brave, and thoroughly researched book that will ignite a national debate on class and education for years to come.