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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NAR’s New Leader

I had the opportunity to meet with the new CEO of the National Association of Realtors®, Bob Goldberg, last week in their offices in Washington, D.C. NAR is the most politically powerful real estate organization in America and one of the most powerful in any field. Goldberg is a different kind of leader; he’s active…

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SNL

Congrats to SNL for promoting their first Latina cast member, Melissa Villaseñor from featured player to full cast member. Although we have yet to see Villaseñor play more than a supporting role in any of the skits, I look forward to that changing this season. Meanwhile, SNL is enjoying record ratings due in large part…

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Vanity Fair’s “New Establishment”

My favorite magazine is Vanity Fair, and their annual New Establishment issue is my favorite of the year. For decades, Vanity Fair magazine has retained some of the best writers and photographers to report on some of the most interesting and provocative stories in politics, fashion, entertainment, literature, and celebrity culture. In 1994, when the…

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Marvel’s Runaways on Hulu

In a recent interview, Marvel Comic’s VP of Sales, David Gabriel, blamed the company’s lagging sales on diversity saying their fans were essentially rejecting female and diverse characters. Mr. Gabriel subsequently recanted his comments and reaffirmed Marvel’s commitment to diversity. The original comment justifiably stirred up some controversy and was contrary to a recent study…

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LDC to Launch Public Relations Campaign

The Latino Donor Collaborative, the nation’s leading advocacy group for the new mainstream economy, is working on a major PR campaign to insert factual data and information into the national dialogue as it relates to Latinos and the economy. The campaign will highlight data points such as the Latino GDP, homeownership trends and educational attainment.…

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Recovery Efforts are Moving Slowly

As NAHREP prepares to release its formal strategy to provide support for the victims in Mexico City and Puerto Rico, I have received numerous emails and private messages from members expressing their heartache and frustration by the government’s relief efforts. Below is an excerpt from an email I received from one of our members in…

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Zillow Study

Last week, Zillow released a study that examined the wealth of Hispanics and African-Americans as compared to Whites. It took a deeper look at the role homeownership plays in those comparisons and referenced data that was recently released by the Federal Reserve’s Board’s Survey of Consumer Finances. The highlights of the study were not surprising.…

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The Freedom Tower

Speaking of the human spirit. I had a chance to connect with the NAHREP leadership in NYC to discuss plans for 2018 and beyond. We met at a restaurant called Amada in Lower Manhattan. The food and the company were great, but the area surrounding the Freedom Tower is incredible. The financial district in NYC…

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FBI in College Basketball

Last month I wrote about my son’s experience playing AAU summer basketball. I said that he was fortunate to find a good program where he received great coaching and good competition, but that I could see there was a shady factor with other programs and I thought shoe companies had way too much influence. Last…

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Mother – the worst movie ever

I consider myself a bit of an indie-movie fan. My wife and I used to frequent Landmark Theaters years before anyone knew about Sundance or Telluride. I like edgy movies that take on provocative themes and offbeat subjects, but there can be a fine line between creative and ridiculous. I was looking forward to seeing…

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43rd President George W. Bush

I had the opportunity to meet with and interview George W. Bush last week at the 2017 NAHREP National Convention & Latin Music Festival in Dallas. As expected, he was relaxed, charming and engaging. I was also hoping for a discussion that would connect with our audience in a positive and less partisan manner and…

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Colin Kaepernick

I think anyone born in America is blessed beyond words and should never take it for granted. I also understand why some people contend that our flag, anthem, and other American icons should NEVER be used as vehicles for protest. Therefore, it should not be a surprise that I don’t like the sight of wealthy…

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Joe Arpaio is pardoned

Against the advice of his Attorney General, the Speaker of the House and both republican senators from Arizona; President Donald Trump pardoned Joe Arpaio on Friday August 25th. If you have never spent time reading about the atrocities committed at the behest of Joe Arpaio, the former Sheriff of Maricopa County, you should. Arpaio’s jails,…

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