Tag Archives: poorer

Report shows Katrina victims in poorer areas were shorted thousands in federal rebuilding relief

Report shows Katrina victims in poorer areas were shorted thousands in federal rebuilding relief

New Orleanians stranded on a roof in the aftermath of Hurricane Katrina, Aug. 30, 2005. (Vincent Laforet/Pool/AFP via Getty Images) A recent report from ProPublica, a nonprofit news organization, reveals data showing that some of the hardest-hit victims of Hurricane Katrina were shortchanged tens of thousands of dollars on average by a federal program meant to help residents to rebuild. ProPublica, in partnership with New Orleans media outlets the Times-Picayune, the Advocate and WWL-TV, Source link

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What made Warren Buffett rich is making us all poorer

Sky-high gas prices are surfacing memories of a bygone era — the 1970s — defined by bellbottoms, disco music and (you guessed it) gas lines. Modern motorists might pine for the prospect of 50-cent a gallon unleaded gas that the decade averaged, but don’t compare that to the $4-plus a gallon we’re shelling out ($5 in California!) today. For a true apples-to-apples price comparison, it’s worth reviewing a concept that not only made Warren Buffett fabulously rich — but also makes us all a… Source link

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