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 Deep South conditions exposed during national primetime speech Rep. James Clyburn, D-South Carolina made sure the black constituents of Deep South states are not disenfranchised by their Republican governors. African leaders tackling economic crisis ADDIS ABABA --Dr. Donald Kaberuka, chair of the African Development Bank, believes infrastructure spending is the way to move Africa out of the global economic crisis. He said, “At this time close to 60% of all our resources are dedicated for infrastructure financing - both national and regional and this is the sector at the heart of our new five year strategy. In the last three years we have invested a total of 7.5 billion dollars, divided equally between energy and transport with nearly 20% going to regional projects.” Speaking to the February gathering of the African Union, the financier warned, “Many infrastructure projects are at risk of being cancelled or scaled down at a time when a quantum jump in Africa's infrastructure is as urgent as ever. The strong economic performance over the last decade has exposed the deficit in energy, transport and broadband connection. The load shedding and high cost fuel based power generation has severely curtailed economic activity while poor road network has added anything up to 40% of business costs.” He hopes for continued multilateral and international support, a view shared by the NAACP’s white paper to the United States government. “Since 2005, commitments have risen from USD 7.7 billion p.a. in 2006 to USD 12.4 billion per annum in 2007. It is my hope that, donors are able to keep the commitments, especially through multilateral channels.” An increased role by India and China in commodity-based projects was noted by Kaberuka. “While financing instruments linking infrastructure to natural resources has created opportunities, the collapse in the commodity super cycle will impair the ability of countries to leverage their natural resources to promote infrastructure while keeping within acceptable debt sustainability levels.” WASHINGTON-- As congressional appropriations go, the American Recovery and Reinvestment Act is a relatively uncomplicated and direct piece of legislation. Although critics tossed around 1,100 page bundles in debate, the online version is broken into easy-to-follow sections which can be read in less than an hour.. The broad application to African-American households targets those in greatest danger of economic hardship. Increases in unemployment benefits, COBRA health care subsidies and food stmmps directly address the 12 percent African-American unemployment rate. Increasing the earned income tax credit supplements gains from the recent increase in the miniumu wage. Also, purchasing computers for higher education is a deductible expense thorugh the end of 2009. It also adds a set of tax credits for hiring unemployed veterans and “disconnected youth,” With black teen unemployment approaching 40 percent, this is particularly important Katrina survivors gain an important way to break through bureaucratic logjams with a new arbitration panel to free up hurricane recovery spending, much of which has still not reached African-American survivors. Historically black colleges and universities are appreopriated $15 million through the National Parks Service for historic preservation efforts on their campuses. FINANCE. The Community Development Financial Institutions Fund recived an additional $100 million in its 2009 grant round, which can be distributed to credit unions, thrifts and banks serving low-income commuities. The Small Business Administration received $69 million for micro-lending programs, popularized internationally by the Grameen Bank, which has now opened a branch in New York City. SBA is also authorized to reduce or waive fees for its 7(a) loan program for borrowers with less than $1 million in revenues It also has the authority to create a market guarantee authority to stimulate additional small business lending.by purchasing loans from originators and to provide low-interest refinancing for loan originators. For small business owners wondering why huge banks and automakers get federal bailouts and they can’t, now they can. SBA can now make “economic stabilization” loans to current borrowers who face an economic crisis. COMMUNITIES The Environmental Protection Agency has $100 million in new appropriations for clearing brownfields. Close to $2 billion additonal is provided in workforce training programs, including $1.2 billion for youth activities, including summer employment Military families get a temporary homeowner assistance program through the Department of Defense which allows their commanders to provide subsidies or even acquire propoerty for families facing mortgage problems while a family member is on active duty. The Dept. of Hoising and Urban Development has $2 billion to provide to states and localities for purchase of foreclosured properties, particularly when abandoned. New Markets Tax Credits are increased to $5 billion for 2009 and 2010. More than $2.5 billion is allocated to state housing finance agencies for Home Investment Partnerships and $2.25 billion to be spent on renewable and energy conservation projects in rental public housing. Of the $1 billion added to the U.S. Census Bureau for administration of the 2010 Census, $250 million is targeted to outreach to minority and hard-to-reach poppulations What’s in the stimulus package? Ignore Fox, it’s an easy read 
 WASHINGTON-- The black voters who suspended centuries of despair to deliver perhaps the most important primary victory for Barack Obama got a powerful sign that their hopes for change can be realized. In a week when the governors of Black Belt states threatened to refuse unemployment benefits, the President chose an eighth grader from the South Carolina Low Country to stand next to the First Lady and to give a national rallying cry, “We’re not quitters.” His administration also provided six months of additional rental subsidies to Hurricane Katrina survivors in a demonstration that, unlike his critics, the Obama administration is prepared to use the levers of power to help underrepresented and overlooked groups. The problems of the Southern poor have not been on the national radar screen since the 1960s. Rep. James Clyburn, D-SC, the majority whip in the House of Representatives, added provisions to insure that legislatures could access federal funds being released beginning this week. PALMETTO SHOUT OUT. President Barack Obama recognizes South Carolina eighth grader who seeks better schools during address to joint session of Congress. White House photo by Pete Souza.