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July 3,2020

Economics for Yogis-001 EIDL & PPP

In case you missed it. (ICYMI). Self-employed individuals and small businesses are eligible for Economic Injury Disaster Loans. Economic Injury Disaster Loans This a loan program with a 30-year payback period at 3.75%. There're two parts to this: (i) A grant of $1,000 per employee up to $10,000. If you’re a one-person operation, you’ll get $1,000 by applying. (ii) In addition, you might be eligible to get a loan up to $150,000, without a “personal guarantee.” You submit the loan application to the Small Business Administration. You don’t have to go through a bank. SBA checks your identity and credit...

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June 18,2020

Take Your Knee Off Our Necks: A Paige Ancestral Story

The Reverend Al Sharpton’s eulogy for George Floyd asked white America to take their knees off our necks. Our family history provides at least five disturbing examples of a knee being placed on our necks with the purpose of trying to control and destroy us. My sister, Okella Trice, who is our family genealogist, has documented how white America placed their knees on the necks of our family. Her research shows how, in each generation, our ancestors embraced the American entrepreneurial spirit and built businesses -- even communities. Each time the knee of vicious white destruction wiped out our families’...

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June 14,2020

My Mind Stayed On Freedom

On Saturday night, I watched in horror as Rayshard Brooks was murdered.  Sunday morning,  “I woke up with my mind stayed on freedom.” What is “freedom?” How does it happen? Freedom=Agency Freedom Freedom from Control: The struggle to expose what’s keeping us trapped mentally, economically, physically, and spiritually and to seek liberation from them. Freedom to Be:  The struggle to uncover what keeps us from experiencing who we indeed are and the embarking on or continuing a journey to a “wholeness” that is implicitly or explicitly absent. Agency “Agency” is “subjectivity.” It is an ability, capacity, and opportunity to make choices, as a...

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June 13,2020

16th Street NW — DC’s Corridor of Light

  This sign beckons us to remember and say their names. I noticed it in a neighbor's yard on 16th St. NW DC about two blocks south of the Circle during my Friday night my walk through my neighborhood. A week ago, neighbors had gathered along to support the resistance in the District. There is a tradition of protesters lining 16th Street because it ends at Lafayette Park. The address of the White House is 1600 Pennsylvania Ave. Historically, 16th Street is the city's "Corridor of Light." In Anthony Browder's "Egypt on the Potomac: A Guide to Decoding Egyptian Architecture," on December 20, 1973,...

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June 7,2020

Black Economic Outcomes Matter

Given the events since the murder of George Floyd on May 25, 2020, I reviewed a set of ideas that were in my files. I had summarized my thinking with hopes to develop the analysis I had outlined. I can’t find a date for these notes, but I most likely made them in the mid-1980s. At that time, I had focused a lot on urban policy. In my edited notes below, I am suggesting that violence and protest are as American as apple pie, and another American tradition is that violence breeds counter-violence and protest. Where we stand after the...

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June 7,2020

The Gentrification Narratives

 On September 11, 2018, I provided comments to attendees at the HumanitiesDC showcase of the projects that had examined Washington DC in 1968. Based on my work with the DC Living Heritage Network, I suggested a “Gentrification Narratives Framework" to help us think about what a cultural narrative for DC might look like as we look forward beyond 2018. Here’s an outline of my suggestions. 1. Narratives of Disorientation:With the changing physical and demographic landscapes, areas of our city are no longer recognizable.Previous points of visual orientation no longer exist.New spaces and functions leave us wondering where we are.Residents comment constantly...

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June 2,2020

I Called The Police On A White Woman

A couple of days after May 24, 2020, the "breaking news" was a white woman who called the cops on a black man in Central Park in New York City. In the video that the black birdwatcher took showed a hysterical white woman fabricating a story about being threatened. Christan Cooper, a black man, had the audacity to ask Amy Cooper (they are not related) to leash her dog.  Image a black man asking a white woman to obey the law. About 20 years ago, I had my “black man in the park with a white woman with a dog...

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June 2,2020

To Gain Statehood, Will DC Have To Turn White?

To Gain Statehood, must DC wait until it's predominately white? People earnestly and frequently ask me this question, as we watch the percentage of the black population in the city dip below 50%. My answer: Maybe. Maybe not. I equivocate because I believe that changes in the District’s governance structure occur when the existing model makes the city ungovernable. I base this on my reading to the history of the District of Columbia. City-level “ungovernability” and national and international “ungovernability” are linked as well.  But more on that in another post. One of those “moments of ungovernability” exists today due to the harmful...

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June 2,2020

Recovery Of Wages Or Net Profits?

Attorneys and their clients need to understand the implications of assessing the potential economic damages in a case when an “individual” becomes a “business” since the damages calculation shifts from estimating lost “wages” to lost “net profit.” For the W2 individual employee, the potential losses are losses of “wages, salaries, tips, etc.” that are entered on Line 7 of the Form 1040. However, for the self-employed individual, the losses are “net profits” (revenues less expenses).  The Schedule C is for sole proprietors and single-member limited liability corporations. Several self-employed individuals who are part of the “gig” or the “1099 economy”...

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June 2,2020

To Use Or Not Use Race In Determining Economic Damages?

California Statue, SB-41, which became effective January 2020, prohibits “the estimation, measure, or calculation of past, present, or future damages for lost earnings or impaired earnings capacity from a personal injury or wrongful death from being reduced based or race gender and ethnicity.”  (Bold added.) The law bases this prohibition on the principle of “equal protection;” that is, people cannot be treated differently because of immutable characteristics like race, gender, and disabilities. Here is an example of the type of statistical data that SB-41 prohibits in the calculation of damages. You’ll notice there’s a significant difference in the projected earnings of...

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