PENNY FOR YOUR THOUGHTS… DARRELL WILLIAMS

Economist Darrell Williams breaks down the financial crisis.
Presented by Electronic Urban Report.

Though the US economy is not a picture of serenity right now, economist Darrell Williams does have some good news and good advice about the current market, plus information on politics, media, race, and more, on the website TheLoop21.com.

The site featuring black news and culture with a focus on money and politics was launched by Williams in August of last year. Since then, the site has been host to a bevy of business and political news as well as tips on how to ride the down-slope of the US economic roller coaster.

“The Loop is an interactive online publication,” Williams described, “but it’s more than a news site, it’s a destination for people to find answers and solutions. We really focus on economic issues, but we focus on social and political issues as well.”

The story behind the website’s name is pretty simple. In order to convey the producers’ hopes to keep the community informed about important economic and political issues, Williams and co. thought the name conveyed that it’s important to be in the know – to be in the ‘loop.’

“To be inside the loop is to be informed in the 21st century,” he said, “especially for our community and for people of color in general. It means being informed in a more intelligent way; giving people information that really helps them meet the new challenges. We’re garnering a great deal of interest from people and we’re excited about how other people are excited about what we’re doing.”

Williams, who spent time in Washington, DC on the President’s Council of Economic Advisors and in UCLA’s Economic Dept., told EUR’s Lee Bailey that the mission of the site simple, to inform.

“We really want to lead…

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