Gary Acosta’s Weekly Blog

Featuring Gary’s take on the economy, politics, sports and Latino culture

Gary Acosta is an entrepreneur, public policy advocate, investor, and thought leader passionate about advancing prosperity for Latinos and other underserved communities. As an industry leader, he protects and improves the business environment required to close the wealth gap, particularly via homeownership. Amongst other endeavors, he is Co-Founder & CEO of NAHREP, the country’s leading Hispanic business organization, and Co-Founder of L’ATTITUDE, the preeminent platform for Latino economic empowerment. Acosta is also a general partner of L’ATTITUDE Ventures, the nation’s largest venture capital fund exclusively focused on Latino-led start-ups. Join Gary as he dives into today’s issues through many creative formats.

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Can activism and capitalism share a bed?

The NFL Season opens today with a new controversy. Like a lot of us, I’ve been observing the blowback from the surprising partnership between the NFL and Jay-Z’s Roc Nation Company. Under any other circumstances the partnership would be applauded by just about everyone, but given the NFL’s collateral damage from the Colin Kaepernick situation…

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Socialism is a loser for Dems

Americans like a lot of things including hamburgers, beer, television, and money. They also like the idea of living in a country where no matter how tough you might have it today, you could win the lottery or invent something and be rich tomorrow. Americans relish their freedoms, whether they are good for them or…

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The Success Racket

The playwright and activist George Bernard Shaw once said, “Those that can, do; those who can’t, teach.” Nowhere is this truer than in the “success” industry or success racket as I like to call it. The reason I call it a racket is because most of the people who are selling their services as “success”…

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Julián Makes it to the Next Round of Debates

Presidential candidate Julián Castro has qualified for the next round of debates by meeting the fundraising and polling minimums established by the Democratic National Committee. So far, only 10 of the original 25 candidates have qualified, so this puts Julián in a smaller group of frontrunners. Julián’s unexpected surge has come from two outstanding debate…

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Do Deficits Matter Anymore?

Of all the things wrong with our political system, the worst might be that our system rewards short term success at the expense of the long-term health of the country. Our growing deficit is one primary example of this phenomenon. America’s fiscal deficit is expected to reach over a trillion dollars per year over the…

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Am I Anti-Trump or just Pro-Latino?

Before Donald Trump denigrated Mexican immigrants in his speech where he announced his candidacy for President, the thought of a businessman like Trump running for president would have been interesting to me. Like a lot of people, I believe we need new blood in Washington with new ideas and free of the cesspool of special…

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HUD denies loans to DACA recipients

Although I was disappointed, I wasn’t surprised when HUD announced last week that FHA would not back loans made to DACA recipients. DACA was a designation made by the Obama Administration that provides temporary legal status for a select group of people who were brought to the U.S. when they were small children and have…

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Make your vacation count

This is the time of year when social media is flooded with photos and stories of our friends enjoying exotic vacations from around the world. I enjoy travel, but I have found that vacations can also be stressful and exhausting. Exactly the opposite of what they are supposed to be. My advice is to use…

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The Value of Deep Thinking

It’s no secret that smart phones, the internet, and social media having been constantly eating into in our lives, and the number of people who regularly carve out time to think and work distraction-free has become fairly miniscule. Not surprisingly, the scarcity of deep thinkers will make them the biggest winners in our economy in…

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Lakers Acquire Anthony Davis

As I was writing this blog, my beloved LA Lakers closed a huge trade. Anthony Davis, arguably the best center in the NBA will join LeBron James on the Lakers roster next season. The trade immediately makes the Lakers a contender for the 2020 NBA Championship. Good news for Lakers fans…but to be honest, I…

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Be Careful Not to Chase Shiny Objects

I recently read that 40% of real estate agents and loan officers will change companies in the next twelve months. This tends to happen when the market shifts dramatically. Real estate is a cyclical business and after one of the longest bull markets in modern history, it’s not a surprise that things are starting to…

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