Did you miss these? (May 23, 2009)

May 23rd, 2009 by Keith Forest
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This week’s updates on equity news. 

Poor? Pay Up,” - Associated Press

Having Little Money Often Means No Car, No Washing Machine, No Checking Account And No Break From Fees and High Prices

Prices in urban corner stores are almost always higher, economists say. And sometimes, prices in supermarkets in poorer neighborhoods are higher. Many of these stores charge more because the cost of doing business in some neighborhoods is higher. “First, they are probably paying more on goods because they don’t get the low wholesale price that bigger stores get,” says Bradley R. Schiller, a professor emeritus at American University and the author of “The Economics of Poverty and Discrimination.”

Fresh food choices coming to West Oakland,” - Oakland Tribune

If James Bell ever doubted during the past three-plus years that the Mandela Foods Cooperative would become a reality, he wasn’t owning up to it Friday.

“I knew it would happen, I just couldn’t say when,” Bell said, pausing between carting in boxes of natural juices and setting up display shelves inside the soon-to-be-opened store on Seventh Street. “The reason I stuck around is I wanted it to happen.”

Tracking Stimulus Spending May Not Be as Easy as Promised,” - Washington Post

Shortly after the economic stimulus bill was signed, Vice President Biden was talking up the administration’s Web site to track the spending, Recovery.gov, when he accidentally directed people to Recovery.org.

As slip-ups go, this one had an upside: Unlike the government site, the privately run Recovery.org is actually providing detailed information about how the $787 billion in stimulus money is being spent.

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