Black People : Any Documentation on who got what in the Stimulus ad who got what in the Bail out??

Discussion in 'Black People Open Forum' started by Ankhur, Aug 16, 2011.

  1. Ankhur

    Ankhur Well-Known Member MEMBER

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    There is much rumor and conjecture but what are the facts, with real references provided?

    What did the Black communityy actualy get from the stimulus?
    What does the Black Caucus say? Black Enterprise? the NAACP?
    the Black press?
     
  2. jamesfrmphilly

    jamesfrmphilly going above and beyond PREMIUM MEMBER

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    i didn't get nothin……..
     
  3. Ankhur

    Ankhur Well-Known Member MEMBER

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    Minn. Stimulus Dollars Bypass Black Businesses
    Transportation millions flow to the white ‘status quo’
    New America Media/Minnesota Spokesman-Recorder, News Report, Charles Hallman, Posted: Feb 17, 2010 [​IMG]
    Editor's Note: This story, which originally appeared in the Minnesota Spokesman-Recorder, was produced as part of NAM's Stimulus Watch coverage and was funded with a grant from the Open Society Institute. Charles Hallman is a staff writer for the Minnesota Spokesman-Recorder.

    The American Reinvestment and Recovery Act (AARA) called for $50 billion to build and repair the nation’s roads, bridges, railways and ports “to preserve and create jobs” and “to assist those most impacted by the recession.” It explicitly states that investments should prioritize those hit hardest by the recession — those in distressed communities who have a high percentage of low-income households or high unemployment rates.

    According to U.S. Department of Transportation records, nearly 2,000 contractors have been awarded stimulus money for highway and bridge projects. However, the Federal Procurement Data System reports that only one federal transportation contract has gone to a black-owned business (in Nevada).

    Minnesota received almost $600 million in AARA transportation funds: $487 million for highway improvement; $94 million for public transportation; and $15 million for bike and pedestrian paths. All total, the Minnesota Department of Transportation (MnDOT) has approved 110 transit projects. Nine projects with estimated costs at over $91 million are located in the Twin Cities’ outer suburban ring. These include:

    * 42nd Avenue North bridge work: $13.5 million ($10 million in AARA funds)
    * Highway 7/Wooddale Avenue interchange: $12.3 million ($3.4 million in AARA funds)
    * Interstate 494 lighting replacement: $5.8 million ($5.3 million in AARA funds)
    * $1.8 million rebuilding lighting system on I-494 in Edina, Minn. ($1.7 million in AARA funds)
    * $1.3 million Winnetka Avenue reconstruction ($834,000 in AARA funds)
    http://news.newamericamedia.org/news/view_article.html?article_id=80e6f2bf397aae49bd0c804591bb4765 Wednesday, March 25, 2009
    Stimulus won’t help African-American unemployment



    by Rhonda Gillespie
    [​IMG]


    In Illinois, the unemployment rate stands at 8.6 percent. The number is significantly higher for African Americans, who averaged 12.1 percent unemployment in 2008.​
    Though solutions to chronic and pervasive unemployment in the Black community vary, the consensus among community leaders is that relief won’t come from President Barack Obama's $787 billion stimulus plan.​
    Congress passed the American Recovery and Reinvestment Act last month, and cash-poor states await the infusion of money to help lift their own economies, save and create jobs, and invest in infrastructure and other projects.​
    At stake in Illinois is 148,000 new or saved jobs and a sliver of the more than $9 billion pie the state is scheduled to get from the federal government’s stimulus plan. The city is also looking for a $1 billion share of the money, which it says will help save or create 16,000 jobs.​
    Specifically, African-American labor leaders are looking to ensure that some of the projects and dollars from city, county and state infrastructure programs, which represents the lion’s share of the stimulus’ initiative, makes its way to African-American businesses and contractors and has an appreciable affect on the high unemployment rate in the African-American community.​
    But leaders, from elected officials to civic CEOs, have little hope that there will be much financial benefit for the African-American community with the federal stimulus plan.​
    Cong. Jesse Jackson Jr. was only half joking with some his 2nd Dist. constituents gathered in south suburban Richton Park Saturday when he told them they didn’t look “shovel ready.”​

    http://news.newamericamedia.org/news/view_article.html?article_id=80e6f2bf397aae49bd0c804591bb4765


    [​IMG]
     
  4. Ankhur

    Ankhur Well-Known Member MEMBER

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    Black Firms Shut Out of Stimulus Projects

    African Americans aren't getting fair share of funds
    by Joyce Jones Posted: January 22, 2010

    [​IMG]


    [​IMG]
    Black contractors aren’t getting their fair share of the stimulus dollars being poured into transportation and infrastructure projects around the country, according to statistics released by the Transportation Equity Network.
    Based on the grassroots organization’s findings as of Dec. 1, 2009, of the $163.8 million in contracts awarded directly to firms by the U.S. Department of Transportation and Federal Highway Administration, $16.8 million went to minority-owned businesses, $9.7 million to women-owned businesses, $4.7 million to Hispanic-owned businesses and $0 to black-owned businesses. The group used data from the Federal Procurement Data System’s Federal Stimulus Contracting Report.
    It is an admittedly small sampling of stimulus funding, said Transportation Equity Network executive director Laura Barrett, “But we think we see some trends around how the money has been allocated mostly to white-owned businesses. We feel that minority contractors are being left out based on anecdotal reports, and the numbers we were able to get from the procurement data system back up what we’ve been hearing from the field.”
    The DOT disagrees. The agency contends that the data pool used by TEN is too small to be considered representative. In an e-mail message, DOT spokesperson Olivia Alair said that as of Dec. 11, 2009, $986 million dollars in stimulus funds have been committed to Disadvantaged Business Enterprises (DBEs) for highway projects and that the agency has awarded $32 million to minority-owned firms in direct federal contracts. She could not say, however, how many of them are black.
    “Minority-owned firms have to be certified at the state level to qualify as DBEs, so we do not have national data on the percentage of DBEs that are minority-owned, broken out by race or ethnicity,” wrote Alair.
    She noted that DOT has engaged in and encouraged extensive outreach to black firms. The agency has launched bonding assistance and short-term lending programs and has participated in several events that target women and minorities to highlight stimulus opportunities. In addition, in December Transportation Secretary Ray LaHood sent a letter to the n
    http://www.blackenterprise.com/2010/01/22/black-firms-shut-out-of-stimulus-projects/
     
  5. Enki

    Enki The Evolved Amphibian STAFF

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    I can give you some in-site to this. When construction companies are given contracts,contractors bid on the jobs. Now,what often happens is the contractor set criteria for who can even bid. When the convention center in Tacoma was being built,the one rule that made sure only the big boys got to bid was: You had to have had pryer experience in building one. This dropped the number of bids down to about 5 or 6 verse 20 or 30. These companies know how to exclude who they want without directly saying it. Also,it should go without saying,all the black contractors didn't get to bid.

    Peace!
     
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