Martin Luther King Day
Today is Martin Luther King Day which honors the birth of civil rights icon Martin Luther King Jr., who was born on January 15, 1929. MLK Day is a federal holiday, and is observed on the third Monday of January each year. It was first celebrated in 1986, after President Ronald Reagan signed a bill deeming it a federal holiday in 1983. King traveled over 6 million miles and spoke over 2500 times, according to nobelprize.org.(Getty)
At the National Association of Real Estate Brokers, (NAREB®) National Mid-Winter Conference, in February 1968, in San Francisco, California, Dr. Martin Luther King Jr. spoke before the membership. A few months before he was assassinated, King talked about how a privately managed "Marshall Plan" similar to the one initiated in Europe following World War II, was what was needed to revitalize the inner cities of America. King stated that in America's inner cities a ten billion dollar investment over ten years, from the government, would help attract and develop new and/or maintain and improve existing businesses. In this revitalized urban economy, the employed inner city residents would become homeowners, he said, thus improving the social and economic climate of their communities.