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On MLK Day, Yellen says US economy is unfair to Black people
 ATLANTA (AP) — The U.S. economy "has never worked fairly for Black Americans — or, really, for any American of color," Treasury Secretary Janet Yellen said in a speech delivered Monday, one of many by national leaders acknowledging unmet needs for racial equality on Martin Luther King Day.Major events for the holiday also included the annual Martin Luther King Jr. service at the slain civil rights leader’s Ebenezer Baptist Church in Atlanta, whose senior pastor, U.S. Sen. Raphael Warnock, was hosting Georgia Gov. Brian Kemp and other politicians. Monday would have been the 93rd birthday of the Rev. Martin Luther King Jr., who was just 39 when he was assassinated in 1968 while helping sanitation workers strike for better pay and workplace safety in Memphis, Tennessee. King, who delivered his historic "I Have a Dream" speech while leading the 1963 March on Washington and was awarded the Nobel Peace Prize in 1964, remains one of the world’s most beloved figures. He considered racial equality inseparable from alleviating poverty and stopping war. His insistence on nonviolent protest continues to influence activists pushing for civil rights and social change. Yellen referred to King’s famous speech in remarks she recorded for delivery at the Rev. Al Sharpton’s National Action Network breakfast in Washington, noting the financial metaphor he used when describing the founding fathers’ promises of equality. King said on the steps of the Lincoln Memorial that "America has defaulted on this promissory note insofar as her citizens of color are concerned." He called it "a bad check, a check which has come back marked insufficient funds. But we refuse to believe the bank of justice is bankrupt!" Parade info found at this link. Related: Janet Yellen: 2021-10-31 Biden sends army of aides, Cabinet members to Glasgow climate summit amid major problems at home Janet Yellen: 2021-10-28 Why Democrats' Scheme to Tax Unrealized Capital Gains Should Terrify You Janet Yellen: 2021-10-20 Democrats to scale back Treasury's IRS bank reporting plan, raise threshold from $600 to $10,000 Posted by: Besoeker 2022-01-17 |
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