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What About the Other 90%??

If a woman is on her back 10% of the time, what is a man bringing the other 90% of the time? But, don’t judge a book by it’s cover. This book provides tools for women to deal with the undertow that undermines the very thing they say they want.

By Chanda R. Mitchell

EBOOK/ISBN-ISBN-13: 978-0615739328
USD: $14.99/CAD: $17.99

ON SALE: April 1, 2021GENRE: Nonfiction/Personal Growth/Self-Improvement/Spiritual Growth



May be the proposed Municipal Bank of Los Angeles a good notion?

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  • The other day, the l . a . City Council’s Economic Development and Jobs Committee authorized a movement meant for the Municipal Bank of Los Angeles. It really is a negative concept.

    Supporters confuse lending with investing. The bank is sustained by an assortment of unique interest groups – but there is however no transparency. No information regarding capital for Public Bank Los Angeles – the organization marketing the concept — is present.

    Work recommendations for the Public Bank of l . a . are really a red banner. Based on Public Bank Los Angeles, union help includes: the l . a . County Federation of work, the United Food and Commercial Workers (UFCW) Local 770 (which represents grocery and workers that are retail, and UNITE HERE neighborhood 11 (which represents workers in resort hotels, restaurants, and airports).

    It’s possible to only conclude that unions anticipate impact within the last capital directions – possibly borrowers would be necessary to spend union wages. This can preclude funds likely to little inner-city companies that many supporters regarding the bank imagine it helps plus it might have the result of crowding low skilled workers away from jobs.

    In February, Public Bank Los Angeles held a digital town hallway to rally supporters. The city Hall revealed that supporters are ill-informed of just what a bank that is public or would do.

    President of SEIU 721 Bob Schoonover expects the financial institution to finance critical town solutions, including clean normal water, also to enhance health care and usage of childcare into the city. Beverly Roberts, ACCE Action and Residence Defenders League, had been wanting to see bank money useful for “rental help, affordable housing, and housing solutions.” She noted that the bank that is public allow funds to be allotted to low and extremely low-income communities.”

    Both Roberts and Councilmember Monica Rodriguez anticipate bank financing to mitigate the pain and tragedy connected with bank property foreclosure while the cycle that is“endless of loan providers.” Susie Shannon, policy manager at Housing is a Human Right, said that community assets from the an element of the bank that is public serve the unhoused.

    This might be investing perhaps maybe not financing. A bank is only able to survive if it will make loans which are paid back. It cannot act as a cooking pot of cash to be utilized to help individuals in serious straits. If passion about jobs related to community improvement leads to an improper assessment of risk, general general public bank financing will cause defaults and insolvency.

    The last attempt at community banking in Los Angeles – the l . a . Community developing Bank – failed in 2004 because borrowers failed to pay off loans. Credit officers during the not-for-profit bank lacked incentives observe loans on a basis that is ongoing. Not merely had been the lender encouraged to favor politically linked borrowers, nevertheless the bank had been earnestly motivated to finance ill-conceived, high-risk jobs.

    The Valley Economic developing Center (VEDC), a residential area development monetary institution (CDFI) located in Los Angeles, promoted its efforts with annual occasions to highlight its successes. Yet it absolutely was forced to seek bankruptcy relief in July 2019. Relating to Councilmember Rodriguez, VEDC “ran down with millions in resources which should have already been reinvested in smaller businesses.”

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  • During the Los Angeles Public Bank Town Hall Rodriguez stated the general public bank would direct cash to “investments in individuals, infrastructure, that may create neighborhood jobs.” Yet, studies of comparable efforts included in California’s Enterprise Zones discovered the system neglected to create jobs.

    The objectives of this supporters of Public Bank Los Angeles are uninformed and unrealistic. What exactly is most unpleasant is the fact that people in the populous town council offer the work. Perhaps simply because they will be away from office if the loans come due.

    Shirley Svorny is teacher of economics emeritus at Ca State University, Northridge, plus an adjunct scholar at the Cato Institute. Her article, co-authored by Robert Krol, “The Collapse of a Noble tip,” explained the failure of this Los Angeles Community Development Bank. It absolutely was posted into the journal Regulation in 2004-05.

    What About the Other 90%??

    What's Inside?

    • An understanding of why women choose the men they choose
    • The purpose for which a woman was created
    • A little about Chanda’s life
    • Insight into the basic needs of a woman
    • How powerful a man can be in a woman’s life


    When Chanda Mitchell told me that she was going to write a book on the 90% that women are missing out on from men, I was intrigued by the title, “What About the Other 90%?” I thought the title was extremely thought provoking and the question needed to be asked and addressed and answered and not by a man but by another woman who’s been living it out in real time.

    In our society we desperately need women authors to rise up and speak to the heart of where their readers live through every day and bring answers to the table that make sense.

    Wray Wade
    City Council Member at City of Longview

    Ms. Mitchell was a welcoming addition to my media team during my re-election campaign for Longview City Council. Most recently she assisted me with interviews with a local television station, which went incredibly well.

    Haley Brooke Griffin
    Owner of DuBeck& Co

    Awesome program! They really helped me with business ideas and even gained business for me. Great experience with Momentum Builders, LLC..

    Signup to be the first to know when Chanda launches her next book.


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