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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Congressman Cárdenas Goes Big

Besides being an electrifying leader, I personally believe that if Congressman Tony Cárdenas can work his way into the democratic leadership he will work effectively with Latinos on both sides of the aisle. That would be a game changer. At the risk of sounding cynical, the facts are that republicans continue to drift sharply from…

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Dreadful Politicians

Very few politicians care about anything more than themselves. There are few exceptions and it seems as though it’s gotten worse over time. Today’s politicians spend most of their time shamelessly grandstanding, claiming to care about people, while in reality all they want is fame, money, and power. It’s just ego and it’s important to…

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Cristóbal Alex and the Political Ad That the White House Said Went Too Far

Speaking of ugly politics. The race for Governor of Virginia between longtime Republican operative Ed Gillespie and the Democratic Lieutenant Governor Ralph Northam was as hard fought and nasty as everyone anticipated it would be. Gillespie, who for years pressed his Republican colleagues to make the party more welcoming to minorities, took a page out of Donald Trump’s playbook and released an ad linking illegal immigrants and his opponent to the vicious gang MS-13.

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J.Lo and Alex Rodriguez

Jennifer Lopez and Alex Rodriguez are on the cover of Vanity Fair this week. The article tells a flattering story about their relationship and discusses their astronomical success and formidable challenges over the last two decades. Whether you are a fan of the two of them or not, you can’t help but admire their resilience and work…

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Big Banks Focus on Hispanics

A growing focus on Hispanic homebuyers on the part of large financial institutions will be the topic of an upcoming feature article in a major financial publication. The writer has recognized that a tipping point has occurred with big banks and small independent lenders placing more emphasis on the burgeoning Hispanic homebuyer segment. One question…

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NAHREP Leadership Academy

If there is one deliverable at NAHREP that stands out above the rest, it is leadership development. Knowing that every year NAHREP “graduates” 60+ chapter presidents who have managed a board, organized events, and improved their presentation skills, gives me a great sense of pride. During our short tenure, NAHREP has produced some of the…

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Do Tax Cuts Really Work?

President Trump and his Republican allies in Congress are close to pushing a tax reform package that would be the legislative victory that his presidency has been seeking. Critics of his tax proposal say it favors the rich at the expense of the poor and middle class, and supporters say it will provide an economic stimulus that would benefit everyone.

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Mark Cuban for President?

Mark Cuban has been floating the idea of running for President. Last week, he clarified that if he decided to run, he would do so as a Republican and challenge President Trump in the primary. The fact that Cuban is being taken seriously is an indication of how much things have changed in Presidential politics.…

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Dave Stevens to Step Down from MBA

This week the Mortgage Bankers Association announced that their CEO, David Stevens, would retire effective September of 2018. NAHREP released a statement about Stevens shortly after the announcement was made public. I am a product of the mortgage industry and was on the board of the MBA when they hired Mr. Stevens directly from his post as…

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