January 15, 2008
State of the Dream 2008
IPS and United for a Fair Economy find the subprime lending crisis is causing the greatest loss of wealth to people of color in modern U.S. history.
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To commemorate the 79th birthday of Dr. Martin Luther King Jr. the Institute for Policy Studies and United For A Fair Economy co-sponsored a forum on the new report The State of the Dream: 2008 . This report focuses on the historic racial wealth divide, what progress has been made in bridging this divide since the death of Dr. King, and the impact of our contemporary subprime housing crisis on this divide.
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