Housing Collapse Paper
Why did housing prices rise rapidly during 2002 – 2005?
Why did the mortgage default rate increase so sharply during 2006 and 2007 even before the 2008 – 2009 recession began?
What did the Community Reinvestment Act have to do with the housing bubble and collapse?
Bradley-Hobbs’ book highlights an equally significant problem that pervaded U.S race relations; the lynching violence in Florida and other southern states and how it placed the nation in a precarious position, especially in relation to its stance on the world stage. Although lynching had once been a prominent act in the U.S up until the early 20th century, it reduced considerably in other parts of the nation but was still assiduously practiced in the South, largely due to the dominant ideology of the “black rapist beast”. Hobbs points out that despite its persistence, the nature of lynching evolved overtime, as it served the broad social purpose of maintaining white supremacy in the economic, social and political spheres. The failure of Florida state government to contain the situation made the state a national pariah, as it showcased America’s double standard to other nations who were closely following these events and contradicted the nations democratic stance at a time where national image was of utmost importance. If not for the active intervention of the Federal Government in order to save face, the lynchings in Florida and other southern states would likely have continued for much longer. Despite this development, records show that none of the perpetrators of the lynching violence was penalized, but rather the communities and families of the victims have endured various forms of loss for generations. They are often still plagued by fear, loss of familial ties and were never economically compensated (p. 218). This has contributed to the “broken down” state of many black families today. Oral tradition is extremely important to African Americans, as this has been their way of keeping the truth alive for generations (p. 218). In summary, Democracy Abroad, Lynching at Home successfully draws attention to the long lasting effects of lynching violence which transcends generations, and Bradley Hobbs points out the necessity to acknowledge and analyze the violence in order to better understand African Americans skeptical view of the justice system till date (p. 220). From the War on Poverty to the War on Crime: The Making of Mass Incarceration in America – Elizabeth Hinton Hinton in similar vein sheds light on the transformation of the American justice system overtime, and emphasizes the importance of understanding this transformation as it provides useful insight into the current state of the penal system and serves as evidence of the American cultural hegemony. The book’s spotlight on the racial underpinnings of several policies developed over the years makes one understand why certain races are more prominent in prisons and other detention facilities. Hinton’s observation of the role played by research “data” and flawed statistics in further propagating age old racial stereotypes and biased understandings of crime is ins>GET ANSWER