Saturday, January 31, 2009

Could The Economic Downturn Possibly Be An Advantage to America?


By Dr. Boyce Watkins
http://www.boycewatkins.com/

I hate being the doctor who has to tell the patient he has cancer, but the truth usually sets you free (or so my mother told me): We are in the midst of an economic bloodbath. It’s tough to argue that an economy which shrinks by an annualized rate of 5% is still healthy. It’s hard to tell someone that 7.2% unemployment, with the most job losses since 1945, is a good thing. A 4,000 point drop in the Dow is nothing to sneeze at, even if you have plenty of tissue. Times are tough, we know that.

But if we focus hard enough, we might be able to find a few bright sides to all this. With hopes that no one chooses to kill the messenger, I am going to give it a shot.

1) It could always be much worse.
The United States has, according to some, the strongest economy in the world. Our economy could shrink like Rush Limbaugh’s body on drugs and still be disgustingly rich compared to the rest of the world. Don’t believe me? Consider the “fast-growing” Chinese economy, the one that everyone thinks is going to outpace the United States in the next few years. Our annual tax revenues are nearly 4 times greater than China’s ($2.5 Trillion vs. $670 Billion) and they have over 4 times more people than we do (300 million vs. 1.3 Billion). In other words, our per capita tax receipts are over 16 times greater than China’s. So, we’re far better off than most of the world, even when we’re broke.

2) If there were ever an argument for getting out of Iraq, this might be it.
It’s hard to declare war on random countries if you don’t have the money to do it. War is big business and attacking other countries is a huge financial investment. If you don’t think war is about money, then you may want to take a couple of Political Science and History classes. Perhaps these troubles at home will keep us from creating trouble abroad, since Americans have lost patience with irresponsible, arrogant war-mongering. The Obama stimulus plan is asking for over $800 Billion dollars to boost our economy. We’ve already spent nearly $600 Billion in Iraq. Rather than declaring War on Terror, President Obama has declared War on the Recession, which seems to be a far better investment.

3) If you want to buy cheap stocks or real estate, this is the time to do it.
When the market rises, everyone wants to buy stocks. People forget that you shouldn’t buy stocks when prices are high, you buy when the prices are low. Companies with plenty of cash are grabbing investment and real estate bargains that were hardly available a year ago. You should be doing the same if you can afford to do it. Investors who purchases stocks after major market declines tend to do much better than those who buy during booms. You hear me Warren Buffet?

4) Struggle makes us FOCUSED.
Although I tend to be a hardcore capitalist, a part of me misses the activism of the 1960s, when people cared about more than making a dollar. OK, I wasn’t around in the 1960s, but I’ve watched enough old movies. Going through tough times not only teaches one to pursue a higher purpose in life, it also leads individuals to more carefully scrutinize the state of affairs in our government. In fact, I dare to argue that the financial crisis was just what Barack Obama needed to secure his election over John McCain. Economic prosperity allows us the luxury of choosing our politicians based on silly issues, like gay marriage (as we did in 2004). When we are worried about putting food on the table, we look beyond the silliness and choose the most qualified and most intelligent person for the job (after ensuring that he knows Africa really is a continent). Finally, tough economic times make you more responsible in your own money management, as the threat of financial insecurity keeps us all on high alert.

Those are my points, so again, please don’t kill the messenger. I certainly do not celebrate a weak economy, but I am a firm believer that focusing too much on the door that shuts keeps us from appreciating the ones that just opened. There’s always light at the end of the tunnel, a pot of gold at the end of every rainbow, and….well, you get the point. It’s the toughness of tough times that make the good times good. Keep hanging in there, it’ll be ok.
Dr. Boyce Watkins is a Finance Professor at Syracuse University and author of “Financial Lovemaking 101: Merging Assets with Your Partner in ways that Feel Good.” For more information, please visit http://www.boycewatkins.com/.

Thursday, January 29, 2009

Money Guru Dr. Boyce Watkins Speaks Money Management on AOL Money BlackVoices


Smart Money Tips With
Dr. Boyce Watkins




By Alexis Garrett Stodghill, BlackVoices.com

Dr. Boyce Watkins is a renowned scholar and speaker in the area of finance. As an African-American financial expert, Dr. Watkins has made it his personal mission to educate our community through writing books and essays, making media appearances, public speaking and more -- so that we may become more empowered with knowledge when it comes to the all-mighty dollar. BlackVoices.com asked the doctor to share his wisdom and advice for folks seeking tips to successfully navigate the current economic storm. According to Dr. Watkins, it's still possible to get your finances in order -- in fact, it's imperative.



As a black finance expert, what is the most common problem you see in the black community when it comes to personal finance management?

The most common problem is that historically, African Americans have been excluded from the opportunity to build wealth. Money was made from our labor, but we never got much of it. That led to a laborer mentality in African-Americans that taught us how to go out and get jobs rather than learning the art of CREATING jobs. This problem was further exacerbated by the fact that building a company requires capital, which we typically don't have. Most African-Americans have far lower inheritance levels than whites, and this impacts your economic opportunities in life. Also, when you've never had much money, you are usually not very good at managing it, so we are as bad as the rest of America when it comes to our spending, saving, investing and borrowing habits.

How would you suggest that someone with little knowledge of personal finance get started on the road to financial stability?


First, get educated. Empower yourself with financial literacy. The greatest university in the world is called Google.com. You can research any topic you want. Secondly, start small. You don't have to conquer the world in two steps. Just start by saving 10% of your income. You might say you don't have money to save, but you actually do. If your boss came into your office and gave you a 10% paycut, you'd find a way to survive. Find a way to learn to save. Finally, get a "side hustle." Challenge yourself to find small ways to supplement your income. The riskiest thing to do in this economy is to get all of your personal income from one source.


You have two college degrees, a master's degree and a PhD. What would you say is the relationship between level of education and income?


Education not only gives you many opportunities to earn more money, you usually earn more money with less work, doing a job that you might actually like. Personally, education was the difference for me between being financially well off and living a life of poverty. Education also provides job security, which is often overlooked. Autoworkers, for example, were always able to make high wages with little education. But once the Big Three started to buckle, they were stuck with unskilled labor opportunities. Everyone should get as much education as they can get, since education can be a path to both a wealthy bank account and a wealthy life.


Would you share some tips for sound money management in 2009?

Yes.


-First, keep investing, especially in the stock market. When the market is low, that's the best time to find cheap stocks. Then hold on to your investments in a well-diversified portfolio (meaning, keep your money spread out). Before you know it, the downturn will have put money in your pocket.

- Learn to adjust your financial habits. Part of the reason we are in this mess is because Americans were borrowing too much money and working hard to live paycheck to paycheck. Get out of that habit, because the government is not going to be able to save us for much longer.

- Cut the toxins out of your life. If you have any bad habits or bad people draining you of your resources (a relative, a friend, or even yourself), renegotiate that relationship from one that is financially destructive to one that can be productive. For example, you may have to cut the financial umbilical chord from a dependent child, or tell that brother that he can't borrow money from you anymore. Cut the toxic energy out of your life so you can rethink your way of seeing money.


You have written extensively on love and money issues. What is your advice for best blending marriage and finances?

In 'Financial Lovemaking,' I tell couples to "find a rhythm." Merging your money is the same as merging your body (ie. sex): No one can tell you how to do it, since we all enjoy different things. You find out what your partner needs, share your own needs and then find a way to make the process comfortable and fulfilling for both parties. If your partner is a saver, then you need to respect that. Given that there is usually a deeply psychological reason that your partner is a saver, you are in serious trouble if you have habits that create financial instability in your relationship. Also, MAKE SURE you know what you're getting into: Many couples focus solely on love, lust, and physical appearance and spend almost no time observing the financial disposition and habits of their partners before making this major commitment. That is a recipe for disaster.
Before you commit your life, your future, your children and your money to someone, remember that LOVING together means LIVING together. If someone is financially irresponsible or brings a set of (what I call) "financial venereal diseases" into your life, it is going to be hard to live with them. You should check the debt levels, income levels and credit score of anyone to whom you choose to commit. Make sure they don't have any financially destructive habits, like alcoholism, drug abuse, gambling, or even the shopaholic's disease. Make sure that your financial values are in line with your partner's: For example, don't marry a woman who needs a $40,000 engagement ring if you think that a $500 ring should do the trick.


If you don't ask the hard questions, you can be locked into something with someone who literally destroys your life later down the road.


What is your opinion of the current recession? What is the best way to weather it?

The current recession may very well be the tip of the iceberg. There are serious long-term problems with our economy, and the break down of our financial system is merely a symptom of bigger issues. Additionally, this recession has a deeper problem. It is occurring during a time in which our global financial markets are integrated unlike at any other time in world history. That means that we are dealing with a problem of historic proportions on a landscape on which we've never operated.

The best way to cope with the recession is, in part, through what the government is already doing: Utilizing massive fiscal stimulus plans and encouraging global cooperation. Two other things they could have done are a) to have not wasted 700 billion dollars persuading Americans that Wall Street Bankers need to be protected, and b) to have spent more time helping Americans adjust their expectations.


President Obama seems to be trying to manage expectations, but he has already set the bar very high with his long list of campaign promises. The economic problem for Obama is that it will be extremely difficult to boost our economy back to where it was before, particularly since much of our financial gains over the past 7 years were illusions created through easy access to credit and a poorly regulated financial system. It's similar to an athlete on steroids trying to get off the drugs and then regain old form. It's very difficult to do.

On an individual level, I encourage families to remember that the government may not be there to take care of you in retirement. If you are not saving for retirement, it is critical that you do so. You should also find ways to structure care for the elderly in your family so that they are going to be OK. Also, tighten your own belts and get out of the habit of living from paycheck to paycheck. This is not a secure economy, and seemingly financially stable companies are disappearing overnight. The riskiest thing you can do in this economy is to get all of your income from one source. Find a way to make money from multiple avenues.


What has inspired you to come this far with so much self-determination, as a black man who was born to a single teen mom, then becoming a teen parent yourself?

I wake up every single day with a purpose. Dr. King and Malcolm X died young, so I never knew how much time I will have. But I am absolutely determined not to waste a single day and do all I can to help reshape what it means to be a black scholar and black leader in America. When I get emails from young people telling me that I've inspired them to change their thinking, then I know I've done my work. I know that I am not going to be on this earth forever, but I love the idea that I can impact people in such a way that the spiritual influence can last for generations.


I realized that most black professors are scared into being quiet on social issues, due to heavy political ramifications for speaking up. I also realized that many of us would rather sit in the ivory tower than to take our knowledge to the world. I never wanted to do that, and I've always felt that the role of the Black scholar in America is to use his/her knowledge to enlighten the world and uplift his/her people. That is my mission, and it is something I will continue to do until the day I die.

I also learned that it is not enough to be intelligent. You must be courageous and also sure of who you are. If you seek your validation from your historical oppressors, you will always end up chasing your own tail. Additionally, there are a long list of problems that need to be solved within our community, and it's up to all of us to do whatever we can to try and solve them.


Are there any words of encouragement or wisdom that you would like to share with the BlackVoices.com audience?


I realized a few things long ago that carry me to this day:

1) Success doesn't happen by accident. You must be deliberate with your actions and think carefully about where you invest your life, your love, your energy and your time. Everything must be proactive.

2) Extraordinary outcomes only come through extraordinary efforts. In life, you get what you give. So, if you want more, you must sacrifice more. You must be willing to do things no one else is willing to do, if you want to have things that no one else has. Never waste one second choosing to be ordinary.

3) Education is everything. Get as much of it as you can. Don't just become a student, BE AN EXTRAORDINARY STUDENT. Never let anyone tell you what to think. Keep your mind liberated so you can find truth and meaning in your endeavors.

4) The best way to get "pimped" is to spend your life trying to work for somebody else. Even if you are the highest paid slave on the plantation, you're still a slave, and you're still on the plantation. Get off the plantation and find a way to true wealth and prosperity. But don't get into the habit of worshipping money. Your goal is to live a wealthy life instead.

5) Keep BS out of your life so you can focus on achieving your goals. Most of us don't do half of what we plan to do because we spend all our time on silly, wasteful activities. There are 8,760 hours in a year and 168 hours in a week. You should budget your time the way you budget your money and not let anybody waste it.

6) Never allow yourself to be without goals. It's not where you are that matters, it's where you're going that determines where you end up. Always be aware of where you are going, and what you need to do in order to get there.

Keep a life full of purpose, and that will make every day worth living.

Is Rush Limbaugh on Drugs Again, or Simply the World’s Biggest Ego Trip?

BENEATH THE SPIN • ERIC L. WATTREE

Is Rush Limbaugh on Drugs Again, or Simply the World's Biggest Ego Trip?

Ultra Conservative Political shock jock, Rush Limbaugh, seems to have finally slipped off the reservation. It is hard to know whether he's back on drugs, or if the recent election returns have caused him to lose his mind all together.

In his latest bloviation he's challenging President Obama to enter into negotiations with him on an "Obama-Limbaugh Stimulus Plan," which would divide up a trillion dollars earmarked for stimulating the economy, according to the election returns. Limbaugh reasons that since the President has pledged to take a bipartisan approach to governing, in Limbaugh's view, that entails the president controlling only the percentage of the bailout funds that reflects his margin of victory in the election. In other words, since President Obama won the election by 53% of the vote, he should only control 53% of the bailout funds. The remainder of the funds, that percentage that reflects Sen. McCain's percentage of the vote, should be controlled by none other than Rush himself, to be applied to the economy as way he sees fit.

Limbaugh said the following:

"As a way to bring the country together and at the same time determine the most effective way to deal with recessions, under the Obama-Limbaugh Stimulus Plan of 2009, $540 billion of the one trillion will be spent on infrastructure as defined by President Obama and the Democrats. The remaining $460 billion, or 46% that voted for Senator McCain, will be directed towards tax cuts, as determined by me."

Then he goes on to say,

"Congress wants to spend -- think of this now -- $1 trillion that they don't have until you and I go to work and pay taxes. They want to spend this on a stimulus plan. They want to take it out of our pockets and redistribute this money in their way to their constituents and to their make-work projects like schools, roads, bridges, blah, blah, blah."

Is the man insane? First of all, since when has it been required for the winner of a presidential election to have to share executive power with the losing party? And even if he did, who elected Rush Limbaugh to assume control of the Republican Party? The man is absolutely delusional. The Republicans have allowed him to develop a Messiah fixation over his own importance.

But with regard to Limbaugh's cavalier dismissal of the president's initiative to address America's failing infrastructure as a stimulus to the economy, maybe I'm wrong, but isn't congress's constituents, the people? And doesn't spending this "make-work" money on "schools, roads, bridges, blah, blah, blah," going to benefit you, your children, your communities, and the lives of your family?

So what does Rush want to spend the money on? One guess. That's right–"just the announcement that $460 billion will go toward paying for tax cuts, capital gains, and corporate tax rates -- we could throw in some personal income tax rate reduction in order to make sure that the voters don't think it's all about helping the big guys. But we need jobs, do we not?" Isn't this kind of thinking exactly what caused the problem in the first place?"

But even if we choose to ignore Limbaugh's maniacal greed, selfishness, and unmitigated arrogance, it is abundantly clear that he is either blind or completely oblivious to reality. He's advocating the recycling of Reagan's discredited supply-side economics, which virtually guaranteed Bill Clinton historical fame for simply having just dug us out of the hold that it left.

Limbaugh is claiming that if we give Gucci a big enough tax break, he'll hire people to make Gucci bags to sell in a homeless shelter–which, thanks to Rush and his cohorts, is exactly what America is becoming. But the fact is, the only way you're going to get Gucci to create jobs to make more handbags, is by providing more funds to the people in the homeless shelter to buy his bags. Otherwise, Gucci is simply going to take his tax cut and buy a Ferrari with it.

We've been through this before many times before with the Republicans. Supply- Side Economics was a scheme hatched by U.S.C. Economist Arthur Laffer and the Reagan crowd which was supposed to cut the deficit and balance the budget. The theory behind this scheme, came to be known as "Reaganomics." The theory was, if you cut taxes for business and people in the upper tax brackets, and then deregulated business of such nuisances as safety regulations and environmental safeguards, the beneficiaries would invest their savings into creating new jobs. In that way the money would eventually "trickle down" to the rest of us, and the resulting broadened tax base would not only help to bring down the deficit, but also subsidize the tremendously high defense budget. When the plan was first floated, even George Bush Sr, Reagan's vice president to be, called it "voodoo economics."

Reaganomics, for the most part, sought to undo many of the safeguards put into place during the Roosevelt era and created a business environment similar to that which was in place during the Coolidge Administration. What actually took place, however, was even more like the Coolidge era than planed. Instead of taking the money and investing it into creating new jobs, the money was used in wild schemes and stock market speculation. One of these schemes, the leveraged buy- out, involved buying up large companies with borrowed funds secured by the company's assets, then paying off the loan by selling off the assets of the purchased company. This practice cost the citizens of this country an untold number of jobs. In addition, the bottom fell out of the stock market. On Monday, October 19, 1987 the Dow-Jones Average fell 508.32 points. It was the greatest one-day decline since 1914 - fifteen years before the Great Depression.

We must also not forget that during the Reagan era the good Senator John McCain played a leading role in undermining the public trust, and our economy, as part of the infamous Keating Five. He was a leading player in the Lincoln Savings and loan scandal in 1987–a scandal that bears an uncanny resemblance to the one that's currently being played out on Wall Street today. He was one of a group of senators dubbed "The Keating Five" involved in a scandal by the same name.

In 1976 Charles Keating moved to Arizona to run the American Continental Corporation. In 1984, shortly after the Reagan era push to deregulate the savings and loan community, Keating bought Lincoln Savings and Loan and began to engage in highly risky investments with the depositors' savings. In 1989 the parent company, which Keating headed, went bankrupt, and it resulted in over 21,000 investors losing their life savings. Most of the investors were elderly, and the loss amounted to about 285 million dollars.

After having received over a million dollars from Keating in illegal campaign contributions, gifts, free trips, and other gratuities, the Keating Five--Senators John Glenn, Don Riegle, Dennis DeConini, Alan Cranston, and Sen. John McCain--attempted to intervene in the investigation into Keating's activities by the regulators. Later, they were admonished to varying degrees by the senate for attempting to influence regulators on Keating's behalf. Charles Keating ended up being convicted for fraud, racketeering and conspiracy, for which he received 10 years by the state court, and a 12 year sentence in federal court. After spending four and a half years in prison, his convictions were overturned. But prior to being retried, he pled guilty to a number of felonies in return for a sentence of time served.

Then in 1988 another prominent Republican name pops up in the Silverado Savings and Loan collapsed, costing the taxpayers another $1.3 billion. It was headed by Neil Bush, brother of George W. The investigation alleged that he was guilty of "breaches of his fiduciary duties involving multiple conflicts of interest." The issue was eventually settled out of court with Bush paying a mere $50,000 settlement. So while the Republican Party continue to tell the American people that they are best equipped to handle our economy, the same Republican names keep popping up repeatedly in connection with economic incompetence, scandal, and disaster–and each time, it takes the Democrats to come to the aid of the American people.

And what about Ronald Reagan's promise to balance the budget and lower the deficit? By the time he left office he was not only the most prolific spender of any president in the history of the nation, but he also added more to the deficit than all of the other presidents from George Washington to his own administration combined. And what did the Republican Party propose to do about that? One of the Republican proposals in their "contract with America" was again, a capitol gains tax cut--for the rich.

So in light of all of these easily verifiable facts, I'd like to close this piece with a personal message to Limbaugh:

Rush, the president has much too much class to say this, but fortunately, I don't. You're nothing but a drug ingesting windbag. You're neither intellectually qualified, nor do you have the authority to negotiate with the president. So leave the thinking to the people with the intellectual resources to handle it, and go drop a few tablets and fantasize about being an astronaut instead.

Eric L. Wattree

wattree.blogspot.com


A moderate is one who embraces truth over ideology, and reason over conflict.

Sunday, January 25, 2009

Restoring America to Its True Greatness

On January 11, 1989 in his formal goodbye to the nation, President Ronald Reagan said:

“The past few days when I've been at that window upstairs, I've thought a bit of the "shining city upon a hill."”

President Reagan was quoting John Winthrop, a pilgrim who in 1630 was seeking a homeland that would be free. Since America’s inception, Americans have struggled to build that “shining city”, a country that would live up to the principles and precepts that the founding fathers so eloquently articulated in the Declaration of Independence and later in the Constitution.

From the Three Fifths Compromise, Fugitive Slave Provision, and the allowance of slaves to be imported for twenty-one years after the adoption of the Constitution to the illegal occupation of Iraq, torture, warrantless wiretapping, and extraordinary renditions, America has endured numerous challenges to its principles, values, and ideals. The most recent examples of these ethical compromises or lapses have left many people wondering if that beacon of light would continue to shine.

On January 20, 2009 with the inauguration of America’s 44th President, its first African American President, America takes a giant step toward reclaiming its light. This is the moment for Americans to be proud and an invitation for this country to truly be great again.

President Obama gave his inaugural address from the steps of a Capitol built in 1793 by slaves who were kept in pens just yards from where he stood. He and his family will live in a house constructed in 1792 by slaves who toiled in Virginia quarries to dig and transport the stones and lumber used to build the residence. The irony is mind boggling; two hundred and nineteen years later an African American is sworn into the highest office in the land. Finally, the two disparate narratives have merged; truly a moment for all Americans to be proud.

From this moment has come the opportunity to reclaim greatness. President Obama has called upon Americans to face the “gathering clouds and raging storms” by remaining “faithful to the ideals of our forebears, and true to our founding documents.” He has called for the American collective “to proclaim an end to the petty grievances and false promises, the recriminations and worn out dogmas, that for far too long have strangled our politics...and to… choose our better history; to carry forward that precious gift, that noble idea, passed on from generation to generation: the God-given promise that all are equal, all are free and all deserve a chance to pursue their full measure of happiness.”

President Obama has made it very clear that true greatness can only be achieved through commitment, sacrifice, and hard work by saying, “…we understand that greatness is never a given. It must be earned. Our journey has never been one of shortcuts or settling for less. It has not been the path for the faint-hearted — for those who prefer leisure over work, or seek only the pleasures of riches and fame.
Some view this historic event in the context of Dr. King and the fulfillment of The Dream. Never confuse a down payment with the balance being paid. The Dream was never about electing an African American President. The Dream was about brotherhood, freedom, and justice for the least of us so that the true meaning of the American creed can be enjoyed by all of us. As Dr. King said, “And if America is to be a great nation, this must become true.”
The racial disparities and injustices that Dr. King fought against still exist in America today. The election and inauguration of President Obama does not negate the fact that he has received more death threats than any elected official in the history of this nation. The Dream can not be fulfilled when a candidate for President has to run a deracialized campaign in order to make the masses comfortable with the obvious aesthetic. The inauguration of President Obama does not negate the reality of Driving While Black, disproportionate rates of unemployment, high school dropouts, incarceration; death by hypertension, heart disease, and cancer in the African American community. This inauguration is a great step forward in America but remember, we have miles to go before we sleep.
As Dr. King the realist and prophet stated in his famous I Have a Dream speech, “We have also come to this hallowed spot to remind America of the fierce urgency of Now… Now is the time to make real the promises of democracy… It would be fatal for the nation to overlook the urgency of the moment.” President Obama told the nation, “That we are in the midst of crisis is now well understood… our time of standing pat, of protecting narrow interests and putting off unpleasant decisions — that time has surely passed. Starting today, we must pick ourselves up, dust ourselves off, and begin again the work of remaking America.

So as American’s bask in this moment and celebrate the accomplishment they should never lose site of the challenges that lie before them. The greatness of this moment lies not in the moment itself but in the potential of what it can become. President Obama did not talk about his personal accomplishment; he spoke about the American collective, We the People. “At these moments, America has carried on not simply because of the skill or vision of those in high office, but because we the people have remained faithful to the ideals of our forebears, and true to our founding documents.”

This democracy only works when We the People see to it that it does. If America is to be a great nation again, its creed, The Dream must become true. So it was at the founding of this great nation; so it will be going forward.

God Bless President Obama!


Dr. Wilmer Leon is the Producer/ Host of the nationally broadcast call-in talk radio program “On With Leon,” a regular guest on CNN’s Lou Dobb’s Tonight, and a Teaching Associate in the Department of Political Science at Howard University in Washington, D.C. Go to www.wilmerleon.com or email: wjl3us@yahoo.com.
© 2009 InfoWave Communications, LLC.

Thursday, January 22, 2009

Revs. Lowery, Wright, and the Black Church

BENEATH THE SPIN • ERIC L. WATTREE

Revs. Lowery, Wright, and the Black Church

It was about 3:00 in the morning, and I was somewhere between browsing the Internet and dozing into never-never land when I read the following post from one of my more conservative White friends regarding his interpretation of Rev. Joseph Lowery's benediction at President Obama's inaugural:

"Please dear Lord, make those white pricks embrace what is right.
Amen"

Suddenly I was wide awake and laughing until tears came to my eyes. I was laughing harder than I'd laughed in years, because I knew exactly what, "Sawdust", the poster, was referring to. But I don't know whether it struck me so funny more because of Sawdust's good humored, but bottom-line take on Rev. Lowery's benediction, or more because of the seeming inability of a stately old war-horse to mask his past experience with White people even through, what I'm sure, was his deep appreciation for what they had helped to bring about.

But as funny as the situation seemed to me at the time, it also points back to an issue that needs to be clarified from the campaign. You see, while Rev. Lowery was actually being conciliatory, his words clearly demonstrated that Jeremiah Wright didn't exist in a vacuum. The fact is, with all the battles that Rev. Lowery has fought in his close to ninety years of life, if that old man really wanted to get loose up there during the inaugural, he undoubtedly could have made Jeremiah Wright sound like a Christian conservative. What much of America fails to understand is that in Lowery's day, Black people didn't just go to church to hear the word of god, they also went there to vent, so through tradition, the hot and passionate sermons of a Jeremiah Wright are routine in the Black community.

The bitterness attendant to racism didn't just go in one direction. In Rev. Lowery's America, Blacks would go all week having to smile in the face of White people while being treated like dogs--in fact, dogs were treated better. So what kind of preacher do you think was most popular and brought in the most money to the collection plate on Sunday? That's right–the one's who were most effective at draggin' the behavior of White folks through the mud–and back then, they had some real superstars in that art, and Rev. Joseph Lowery was one of the best.

Rev. Lowery was born Joseph Echols Lowery on Oct. 6, 1921. He’s a Methodist minister and was the pastor of the Warren Street United Methodist Church in Mobile, Alabama from 1952 through 1961. When Rosa Parks was arrested in 1955, Lowery helped to lead the Montgomery bus boycott, and headed the Alabama Civil Affairs Association, which was dedicated to the desegregation of buses and public places. He, along with Martin Luther King, Jr., Founded the Southern Christian Leadership Conference, and he served as its president between 1977 and 1997. Also, at the behest of Martin Luther King, Lowery headed the Selma to Montgomery march in 1965, and was among the first five African Americans to be arrested at the South African Embassy in Washington, D.C. during the Free South Africa Movement (Wikipedia).

Now don’t get me wrong, Black preachers like Rev. Lowery didn’t just rant, rave and protest, they were quite dedicated to preaching the word of God, and they were also quite emphatic in discussing the virtue of loving thy neighbor. But in addition to that, they were both profoundly and prolifically eloquent when it came to graphically describing the "evils" of racist White behavior–they had to be, in order to be effective in organizing against it.

Americans should ask themselves, where do they think Jesse and Al Sharpton learned their craft? When it came to preaching the evils of racist behavior, some of those old Black preachers could put Jesse, Al Sharpton, and Jeremiah Wright to shame, and all on the same Sunday morning and without bustin' one sweat bubble–and that old man that you saw up there giving that inaugural benediction was one of the best of them. In fact, he was so good at fighting and preaching the evils of racism that in Georgia, they have streets named after him.

But political campaigns are all about political positioning and sound bites, so Obama couldn't take the time to try to explain to the nature of the Black church to America. If he could have, he would have explained that Jeremiah Wright was just one of a community full of preachers that not only preached the word of God, but also the realities of being Black in America .

So when conservatives asked how Obama could sit up and listen to Rev. Wright spew hatred against America for twenty years, there was two answers to that question. The first is, Rev. Wright wasn't spewing hatred against America--he loves America--he was spewing reality. After all, Rev. Wright served this nation in both the United States Marine Corps, and the Navy, while Bush and Cheney did everything in their power to avoid any military service at all, and Cheney succeeded. And the second is, the only way that Obama could have avoided the realities of Rev. Wright's message in the Black community was to stop going to church altogether.

The fact is, preachers like Jeremiah Wright, and that stately old man that you saw up there at the inaugural, actually performed a public service by helping their congregations to vent their frustrations. If it weren't for preachers like them, there would have been a lot more violence coming out of the Black community, so the nation actually owe them a debt of gratitude. Yes, they deal in hyperbole, but if you closely examine that hyperbole, you'll find that it also contains, often painful, but unmitigated truth.

That said, I must also admit that Jeremiah Wright did crossed the line–but not in the way that many White folks think. Initially he was a political victim, because it wasn't his fault that political operatives dug up thirty seconds of hyperbole out of a lifetime of dedicated service. When Rev. Wright crossed the line was when he allowed his vanity to jeopardized the hopes and dreams of millions of Americans across this country, both Black and White, in order to pursue his ten minutes of fame.

But Rev. Lowery wasn't going to make that mistake. While he comes from a tradition of speaking his mind, he had worked too long and too hard for that moment, and probably recognized better than any of the millions of people watching and in attendance, the awesome significance and gravity of the moment.

But on the other hand, knowing that old Black preacher's background, in spite of how appreciative I know he was to all of the White people across this land who contributed to making his life's dream a reality, I was virtually certain that he had a second sermon in his pocket and at the ready, just in case Rick Warrne decided to act a fool.

That's what was funny.
   
Eric L. Wattree

wattree.blogspot.com
A moderate is one who embraces truth over ideology, and reason over conflict.

Tuesday, January 20, 2009

How Long Will Obama-mania Really Last?


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By Dr. Boyce Watkins
www.BoyceWatkins.com

During my recent trip to New York, I was stunned after watching US Airways passengers standing on the icy wings of an airplane floating on the Hudson River. It was only after looking at my cancelled ticket that I realized I was scheduled to fly out of the same city, in the same airport, with the same airline on the same day, at the same time as the people on that flight. They were going to Charlotte and I wasn’t, but that’s still too close for comfort.

In spite of invitations I have to speak and live in big cities, I stay isolated here in Syracuse so I can search for my personal perception of truth within the deepest components of my heart. I seek ideology that is disconnected from hype, politics, financial compensation or other tools used for the tainting of souls and manipulation of minds. I chose not to go to the inauguration and I’ve rarely watched television, all because I wanted to figure out how I feel about recent events without allowing CNN or anyone else to tell me how I should feel.

This morning I watched a Black man….a real brother, Barack Obama, stand and take the oath as President of the United States. When I endorsed Barack long before he appeared to ever have a chance of winning, it was honestly just wishful thinking. I supported the campaigns of Barack, Jesse and Al, mainly because I never believed Bill Clinton to be (as some called him) the First Black President. I also saw something in Barack’s eyes and mannerisms that made me trust him. My “brother radar” gave security clearance, and I knew that only a real Black man would marry an amazing woman like Michelle Obama (the woman I came closest to marrying is actually a beautiful attorney who reminds me of Michelle). I also saw something in Obama’s poise and intelligence that made me believe that he would be good for our nation. My only concern was that I was not sure if a nation willing to elect incompetent men like George Bush would have the vision necessary to choose the best man or woman for the job.

I don’t do media appearances on Fox News anymore mainly because I was disappointed by their attacks on Barack Obama and Jeremiah Wright. I was even more upset with Bill O’Reilly’s statements about having a “lynching party” against Michelle Obama, and the light-hearted death threats made by Fox News Analyst Liz Trotter, who stated that she would “take (Obama) out if she could”. I love Barack Obama, and I was inspired by his ability to make the impossible possible. Like all of us, I was happy to sacrifice to help get him into the White House.

But while I support Barack Obama, I never let myself get into Obama-mania.

While I felt the need to show up and vote, I never chose to “Barack the Vote”.

My position has always been simple: Falling in love with a politician can be a very dangerous thing, and I simply wasn’t going to do it.

Like Barack Obama, Franklin Delano Roosevelt was another President who took over our country during a tough economic time. When Black leaders met with Roosevelt to discuss their justifiable indignation over Civil Rights abuses throughout the nation, Roosevelt simply told them, “I agree with you and I want to do it. Now go out and make me do it.”

The interpretation of Roosevelt’s words is that after the celebrations are over and we’ve come back to reality, we must be sure to do what is necessary to effectively utilize this opportunity. Barack Obama is a good man, I know this from speaking to my contacts on the South Side of Chicago. But we must work hard to ensure that Barack THE MAN aligns squarely and firmly with Barack THE POLITICIAN. We must always be aware of the difference between BARACK OBAMA and the OBAMA ADMINISTRATION.

BARACK OBAMA believes that public schools should get all the funding they need and that education is critically important.

The OBAMA ADMINISTRATION knows that children don’t vote or pay taxes.

BARACK OBAMA knows that 30 – 40% Black male unemployment is an economic tragedy.

The OBAMA ADMINISTRATION knows that being too closely aligned with issues effecting Black men is neither politically productive nor popular in a country that still doesn’t like Black people all that much, especially if they are poor.

BARACK OBAMA knows that, in spite of having a Black President, institutionalized racism in wealth and income levels, health care disparities and other areas will take at least another 100 years to eradicate. He is also intelligent enough to know that reparations are long overdue.

The OBAMA ADMINISTRATION knows that talking about racism using the same language as the United Nations (who states clearly that America continues to maintain a two-tiered society) is something that many Americans simply do not want to hear.

So, as we live in the bliss of “Obama-mania”, please consider this:

The dictionary defines “mania” as “A severe medical condition characterized by elevated moods, energy, unusual thought patterns and sometimes psychosis. Some symptoms are fixation, madness, compulsion, craving, craze, delirium, dementia, derangement, disorder, fad, fancy, fascination, fetish, insanity, lunacy and obsession.”

Like bottles of strong liquor, mania feels good. However, it should only be temporary. You also need designated drivers to keep the political house party under control and get everyone back home safely. Those who remain “high” and detached from reality are easy targets for emotionally void and disturbingly rational political administrations. Any good politician with constituents living in the midst of mania logically understands that there is very little work to do. No one campaigns in the regions they already control.

So, as Roosevelt explained in the example above, we can best show our love for President Obama by being politically intelligent, diligently resourceful, well-organized and focused on the issues. Political engines like the Obama Administration only understand those with the power to churn those engines. The easiest trick in the world is to make us think that racism is over because we have a Black President. Let’s keep our eyes on the prize.

Dr. Boyce Watkins is a Finance Professor at Syracuse University. He does regular commentary in national media, including CNN, BET, ESPN and CBS. For more information, please visit www.BoyceWatkins.com.

A Slave's Prayer

A SLAVE’S PRAYER
I was stole from Eden, an innocent soul,
crossed seas and centuries, chained up and cold;
My mother was raped and beaten to death,
my daddy was sold, and my sister is kept.
How they praise God and brag dat they free,
and sing songs about freedom, 'din look upon me?
I was chained to 'dis land, 'dis "Land of the free;"
by people with a God, who sho must can't see.
But a change is a comin', Tho I won't no mo be,
but when it get here, Dear Lord,
just let my soul see.
Eric L. Wattree

Monday, January 19, 2009

Bush Cannot be Allowed to Get Away With What He’s Done to America

BENEATH THE SPIN • ERIC L. WATTREE

Bush Cannot be Allowed to Get Away With What He's Done to America

I'm in total agreement with Obama's sentiment that it's time for America to heal itself and move forward, but I certainly hope he's not so fixated on that sentiment that he allows the Bush/Cheney gang to get away with the damage that they've done to America.

Of course, there are those who are going to insist that we have so many challenges before us that we can't be distracted by engaging in vengeance, but this is not a matter of vengeance, it's a simple matter of governmental housekeeping.

Just as it is necessary to refurbish and restore our national monuments from time to time, it is even more important that our American ideals be maintained in pristine condition. Thus, by allowing the Bush/Cheney administration to get away with what they've done to those ideals, and the damage they've done to America's image around the world, allowing them to walk away with impunity would be the moral equivalent of allowing them to leave graffiti behind on the Statue of Liberty.

It is extremely important to the future of America that we establish once and for all, and without equivocation, that no one is above the law. Without establishing that fact as one of the unequivocal and definitive pillars of the American ideal, every other syllable and comma in our founding documents become meaningless.

The primary reason that we find ourselves in the condition that we're in today, is that we stood by without comment as President Ford short-circuited the law with his pardon of Richard Nixon. That made it just that much easier for Ronald Reagan to thumb his nose at our laws during the Iran/Contra episode, and the allegation that he flooded our inner-cities with drugs in pursuit of his shortsighted and illegal crusade.

Assuming the latter allegation is true, and a congressional investigation into the matter strongly suggests that it is, Ronald Reagan's lawlessness was responsible for wiping out close to an entire generation of inner-city youth, resulting in many of their children in the current generation leading lives of crime, as oppose to being productive members of our society. While Reagan assuaged his conscience in this matter by saying inner-city youth had the option to "just say no," some of the very arms that he traded to Iran during that same episode could very well be the ones killing American troops today–and they couldn't just say no.

Had America maintained its expressed ideal that no one was above the law, Reagan would have been impeached and jailed over that episode, but instead, his legacy has been spun to the point that I recently heard one pundit describe him as "one of America's greatest presidents."

It's time we set the record straight. America is paying a severe price for the luxury of indulging in that kind of hypocrisy, because our rationalization that it's less divisive to move on since the offending rodent can do us no more harm, neglects the fact that there are baby rodents cocooned within the government infrastructure, watching, and being instructed on the impunity of power, and the ease in which the American people can be manipulated.

Both Cheney and Rumsfeld were key players during the Ford administration, and while technically outside the Reagan administration, were key players in what was, literally, a shadow government per Reagan executive order. In a March 2004 Atlantic article entitled "The Armageddon Plan," James Mann wrote the following:

"Rumsfeld and Cheney were principal actors in one of the most highly classified programs of the Reagan Administration. Under it U.S. Officials furtively carried out detailed planning exercises for keeping the federal government running during and after a nuclear war with the Soviet Union. The program called for setting aside the legal rules for presidential succession in some circumstances, in favor of a secret procedure for putting in place a new "President" and his staff"–with, yes, Ollie North as "action officer". "The idea was to concentrate on speed, to preserve "continuity of government," and to avoid cumbersome procedures; the speaker of the House, the president pro tempore of the Senate, and the rest of Congress would play a greatly diminished role."

Thus, in their arrogance, these are men who always felt they had a better idea for running America than our founding fathers, and therefore, have no qualms about circumventing the law of the land when THEY feel that it's necessary. So it is incumbent upon us to demonstrate to such men that America is a land where the LAW is supreme, not their own personal vision of what's in America's best interest–and as a part of this effort, we should initiate a constitutional amendment that allows congress to overturn any presidential pardon with a two-thirds majority vote in congress.

George Bush's commutation and literally certain pardon of Lewis "Scooter" Libby is nothing less than a blatant obstruction of justice. If it hadn't been for the fact that Libby was certain he was going to go scot-free, chances are he would have provided evidence to show that Dick Cheney was guilty of treason for the outing of Valerie Plame. That one petty, vindictive, and irresponsible act was not only, and undoubtedly, responsible for the death of individuals operating in defense of America, but may very well result in the sacrifice of additional American lives in the future, due to the needless loss of badly needed intelligence.

Thus, while simply "moving on" may in the short run be the easiest thing to do, recent history has shown that it will undoubtedly come back to bite us in the future. Because the fact is, you can't move away from precedent. If we hadn't moved on after Watergate during the aftermath of the Nixon administration, chances are, we wouldn't have had the excesses of Iran/Contra during the Reagan administration. And if we had prosecuted Reagan to the letter of the law for Iran/Contra, we may have saved close to four thousand American lives, and several hundreds of thousands of Iraqi lives in Iraq.

Therefore, this may very well be America's last opportunity to reinstate the rule of law, because if history is indeed instructive, the Bush administration has clearly demonstrated, that IT CAN HAPPEN HERE.



  Eric L. Wattree

wattree.blogspot.com

A moderate is one who embraces truth over ideology, and reason over conflict.

Saturday, January 17, 2009

A Discussion on Zionism

BENEATH THE SPIN • ERIC L. WATTREE

A Discussion on Zionism

After submitting an article on the Daily Kos entitled, "Do You Really Want Peace in the Middle East", I became engaged in a discussion with a gentleman who identified himself as "Fischfry". He took the position indicated in quotes. You'll find our initial discussion in the first four paragraphs. The final two paragraphs sums up my position.

"You're stuck in ideology. It may not be the ideology espoused by Israelis or Palestinians, but it is an ideological position. Nothing moderate about it. You've changed one ideology -- that the events of 1948 justify continued Palestinian outrage -- to another ideology that denies anyone's right to a nation there. Interestingly, both ideologies deny the validity of Israelis' claim to even as much the pre-'67 borders. Way to be consistent."

So I take from your position that anyone who doesn't support Israel's position is engaging in ideology over thought. That's a very open-minded position indeed. With that kind of thinking, there's no wonder there's a blood bath taking place in the region.

"I didn't say ideology precludes thought. And, there are multiple positions that could be characterized as Israel's position. However, I would say that anyone rejecting the starting point -- that Israelis have some right to a Jewish state in their ancestral homeland -- is taking an ideological stance against Zionism."

I don't see that as an ideology--I'm also against the United States as a WHITE homeland. Is that an ideological stance? And by the way, I am against Zionism--Zionism and racism are synonymous terms, at least, with respect to the state of Israel. There's only one difference--racism promotes racial supremacy, and Zionism promotes religious supremacy.

Thus, I don't consider my stance against either of these "isms" as an ideological one at all--I consider my stance a moral one. Zionism can only be justified if one accepts the legitimacy of either one of two arguments. The first argument is, the world should return to the geographical boundaries as established in the Bible; or secondly, that the Palestinian people should have to pay for the German persecution of the Jews.

While I have much respect for the Jewish people and what they've contributed to the world, I find neither of those arguments either reasonable, rational, or justification for one additional drop of human blood--on either side.

Eric L. Wattree

Wattree.blogspot.com

P.S. By the way, all Hell is breaking loose over there over the issue. No wonder so many people are dying in the Middle East. People just can't seem to discuss the subject rationally.


Thursday, January 15, 2009

An Epiphany

BENEATH THE SPIN • ERIC L. WATTREE

An Epiphany

I recently engaged in a correspondence with Rabbi Nachum Shifren regarding the situation in the Middle East. As a direct result of his timely, very diplomatic, and enlightened response to my inquiry, I began to Rethink my previous position on the both Gaza, and the overall conflict in the Middle East. In fact, my thinking on the matter has become so radically different, and has come about so fast, that I can only characterize it as an epiphany of sorts.

During our correspondence I related to the Rabbi that his response to my inquiry regarding the situation in Gaza has gone a long way towards causing me to re-think my previous position on this matter. While I continue to believe that what took place in the creation of Israel in 1948 was unfair to the Palestinian people, his response had caused me to reconsider my position on European Jewry. I've now come to believe--over night, actually--that my previous position was counterproductive, and in itself, only served to contribute to the hostility and political posturing that has caused the loss of so many lives around the world.

I now take the position that no group of people can "own" any part of this planet--it ALL belongs to God. We only serve as custodians. I do, however, recognize the need to setup governments to manage the parcel of land that we're blessed with inhabiting.

Thus, while my new position is consistent with my continued belief that the Palestinian people were treated unfairly, it also suggests a solution--though a highly unlikely one, considering man's current state of barbarism. I have not come to believe that Israel, Palestine, or whatever one chooses to call it, should be considered God's land, for which no man, or group of men, should be able to claim exclusive ownership. In fact, that should be the case for every nation throughout the globe.

But again, while I do recognize the need for geographical boundaries and governmental administration, no land should be deemed the exclusive domain of any one religious, ethnic, or racial group. All lands across this globe is the exclusive domain of our creator, and no man is anything more than a, very temporary, caretaker. Even as I speak, the continents shift, the snows drift, and the oceans surge to reclaim that which only he is mighty enough to hold claim.

As for what it says in scripture, that's grist for another debate. After all, does scripture actually constitute the word of God, or is scripture actually the words of the men who wrote it? Personally, I think God was much too efficient in his creation for man to require an owner's manual–especially one that has caused so much dysfunction among those it was created to instruct. Because the fact is, even if an entity as flawed and unholy as MicroSoft had created such a problematic user's manual, it would have long since been withdrawn from the market.

One must ask one's self, what kind of user's manual would cause more problems than it addresses? But to me, the most telling indicator that what many consider "the word of God" may actually be the word of man, is the fact that I don't need a user's manual to inform me that it is wrong to covet my neighbor's wife. The minute I begin to indulge in such activity, and I have, I can hear the voice of my creator whispering into my ear-- "Eric, what you're doing is wrong."

Thus, while man insists that we must have "faith" in these matters, is he asking me to have faith in God, or is he actually asking me to have faith in what he's TELLING me about God? Because it seems to me that if God created a universe where I can observe the electrons and protons orbiting around the nucleus of the tiniest atom, in the exact same way that the solar system orbits around the Sun, and the Sun orbits around the center of the galaxy, and the galaxy hurls through space and time in search of the center of the universe, he's done enough. That alone should be enough to demonstrate his awesome existence.

But if that's not enough, how about when I can my finger, then watch the stuff of life ooze from the wound to spontaneously repair itself as good as new, or when two lovers come together to love and comfort one another in the frigid cold of Winter, only to create a third bundle of love in the Fall; how can one witness these things and not see the face of God? Yet, after he has done all of these things, and then went on to create birds that fly, fish that swim, and man with the ability to think, it can only be attributed to the epitome of human arrogance for man to then require him to have Moses part the Red Sea to demonstrate his existence. What makes man think that he is so special, that he can require God to jump through hoops, and perform cheap parlor tricks, to gain his respect?

Therefore, it is my point of view that we can only know God by what he has done–and again, he has clearly demonstrated his will by making birds fly, fish swim, and man to think. How do we know this is his will? Because if any of these creatures fail to remain true to their nature, they cannot survive, and by strictly adhering to that nature, they're allowed to thrive.

In that regard, man burst upon this planet as a necked ape. He was completely at the mercy of a very hostile environmen –he wasn't as mighty as the elephant, as ferocious as the lion, nor could he soar among the clouds with the majesty of an eagle. But it was God's will to protect this fragile creature, so provided him with a brain–cognition, logic–and it was precisely that quality, and that quality alone, that allowed man to survive. He was given the ability to assess, evaluate, and manipulate his environment. As a direct result, man can now build machines that are mightier than any elephant, more fearsome than the most ferocious lion, and can soar far beyond the eagle's domain.

Thus, God has demonstrated through what he has DONE, just as surely as he gave the mighty whale dominion over creatures at sea, and made the lion king of beasts, that he created man to be a logical, thinking being. But now, man comes along in his newly acquired hubris and, REQUIRES, that other lesser thinking men give up this most essential God-given quality in return for what HE claims will be a glimpse of God–and what makes this the perfect scheme, is that he will never have to worry about anyone ever coming back to refute his claim.

That is why you'll find that the suspension of intellect in lieu of simply having FAITH in what MAN tells us is God's will is an essential part of most religions. It is absolutely necessary to circumvent God's protection mechanism in order to accommodate their wild, supernatural claims, in order to exploit and manipulate the fears of man.

Thus, it is only through cherishing, and selfishly protecting, the intellect that we KNOW that God gave us as an essential part of our nature, that will allow to see through the evil and foolish folly of man's weak justification for the slaughter of other men. And it is through that very intellect, even as I write, I can hear God speaking in my ear:

"When man says to set aside the logic that was my exclusive gift to mankind , and have "faith" in what HE tells you about me, he's demanding that you ignore my will, and have "faith" in HIM. You don't have to have faith in the fact that you sit here and you write–you know you now sit, and you know you now write, thus, faith is not required. Faith only has relevance where there is doubt. Look around you, my child. Can you doubt my existence? Then, what is this thing about faith?"

So to even acknowledge man's prescription that you must have "faith" in God, is indeed a slap in my face of God. It is nothing less than an acknowledgment that you are more prone to worship what man says, than what God has actually done.

"This, is the evil of man–in his arrogance, he tries to speak for me."

Ok, so maybe the voice I hear is simply a delusion, and not God at all–after all, I also suffer from the frailties of mankind. But is your intellect a delusion?

Eric L. Wattree

wattree.blogspot.com

A moderate is one who embraces truth over ideology.



  Eric L. Wattree

wattree.blogspot.com

A moderate is one who embraces truth over ideology.

Wednesday, January 14, 2009

Your Black Politics: Biden tells Obama Afghanistan war will get worse


WASHINGTON – A confidant of the man Barack Obama defeated in November said Wednesday that the president-elect has earned enormous global good will and "a moment in time" to re-engage other nations with the United States.

The assessment by Sen. Lindsey Graham, R-S.C., was noteworthy because he is a conservative Republican and one of Sen. John McCain's closest friends. Graham campaigned vigorously against Obama in last year's presidential race.

Noting himself that he had been "one of the chief opponents" of Obama, Graham pronounced himself now "very pleased" with the president-elect's attitude and policies toward the countries they visited.

Graham appeared Wednesday with Vice President-elect Joe Biden at Obama's transition headquarters. Biden and Graham were there to brief Obama on what they learned during a just-completed five-day, bipartisan fact-finding mission to KuwaitPakistanAfghanistan andIraq.

"I cannot tell you how much enthusiasm we saw in Pakistan for this new president," Graham said, sitting in a chair to Obama's right. "There is a moment in time here for this country to re-engage the international community, to make sure that we have international support to stabilize Afghanistan, Pakistan and Iraq."

continued

Your Black Politics: Black Immigrants See Personal Triumphs in Obama


MIAMI - There is no box on U.S. Census forms that accurately describes Ray Gongora.

The Belize-born naturalized citizen grew up in an English-speaking Central American country, a former British colony where African slaves were once sold. He emigrated in 1986 to a country that deemed him Hispanic based on the geography of his birth.

"I identify myself as 'other'," Gongora says. "I am black, so to speak - a brown-skinned Caribbean person. You cannot identify yourself as a black American because our cultures are so totally different."
He doesn't worry about not being counted, though. Not with President-elect Barack Obama set to take office Jan. 20.

Obama, the son of a white woman from Kansas and a black man from Kenya, will be the first black U.S. president, fulfilling the dreams and promise of the civil rights era. But for black immigrants and their children, Obama's swearing-in realizes other dreams.

In Obama, they recognize their own parents, who saw themselves as outsiders, and the children they raised to believe that education was the road to success. His election superseded not only color, but also economics, family divisions, government failures and nagging questions of identity.

"It's an individual accomplishment for each of us," Gongora said.

Tuesday, January 13, 2009

U.S. Senate Seat - State's Rights v. Congressional Leader's Choices



By Syreeta L. McNeal, CPA, JD


Recently, there has been a stimulating debate over whether Illinois’s U. S. Senator designate, Roland Burris, is entitled to fill the Illinois Junior Senate seat after embattled Illinois Governor Rod Blagojevich’s appointment on December 30, 2008. Majority Senate Leader, Harry Reid, is stating that Illinois Governor Blagojevich’s appointment is tainted and is not valid because of Blagojevich’s recent arrest and federal complaint brought by the Federal Bureau of Investigation (FBI). With all due respect to the Honorable Harry Reid, his argument is more political than legal and shows his preferences in trying to determine the outcome of who should fill the Illinois Senate seat. Unfortunately, Senate Majority Leader Reid, who is a lawyer, should know that Burris is legally entitled to be seated as a U. S. Senator from the state of Illinois.


U. S. Constitution Denotes Senate Appointments as a State Right


The U. S. Constitution denotes the senate appointment after a vacancy as a specific state right not one to be manipulated by congressional leaders. The specific constitutional provision that addresses the replacement of vacancies in the U. S. Senate is the 17th Amendment of the U. S. Constitution. 17th Amendment, Clause 2 states “When vacancies happen in the representation of any State in the Senate, the executive authority of such State shall issue writs of election to fill such vacancies: Provided, that the legislature of any State may empower the executive thereof to make temporary appointments until the people fill the vacancies by election as the legislature may direct.”[1] This provision is important because it specifically grants the authority of senate appointments after vacancies in the hands of the states, not Congress.

Amendment XVII has backing because of another constitutional provision, Article V. Article V of the U. S. Constitution states “….Amendments…. shall be valid to all Intents and Purposes, as part of this Constitution, when ratified by the Legislatures…. or by Conventions.”[2] The importance of Article V is that its gives the Amendments equal weight of importance to the Articles of the Constitution. Therefore, if an Amendment is ratified and specifically changes or narrows the scope of another provision in the Constitution, then the effect of any Amendment is binding as part of the Constitution.

An example of how Article V of the U. S. Constitution works is with the phrase “three fifths of all other persons” as mentioned in Article I.[3] In colonial times, three fifths of all other persons meant black slaves. What the 13th, 14th, and 15th Amendments did was to remove the impact of blacks being classified as three fifths of a person. The same logic applies with 17th Amendment by it specifically tailoring the senate appointment after vacancies to be done by the states.

For Burris, Illinois Governor Blagojevich was still the formal governor of the state of Illinois on December 30, 2008. The Illinois legislature did not remove Blagojevich prior to the Burris appointment nor change the Illinois Constitution to allow a special election to determine the U. S. Senator appointment after the vacancy. Also, Illinois Governor Blagojevich did not resign his post. So, the Burris appointment is valid under the 17th Amendment of the U. S. Constitution.


Courts will likely Validate the Burris Appointment


For those students entering law school, you will likely get bombarded with the 1803 U. S. Supreme Court case, Marbury v. Madison, in Constitutional Law.[4] Well, the Burris appointment has legal backing because of this case. To summarize the facts of the case, outgoing President John Adams appointed William Marbury as justice of the peace for the District of Columbia.[5] President Adams signed the commission letter and affixed the seal of the U. S. Presidency and delivered it to Secretary of State James Madison for delivery.[6] With incoming President William Jefferson, Secretary of State Madison refused to deliver the commission letter of appointment to Marbury and as a result Marbury commenced a writ of mandamus to compel Secretary of State Madison to deliver President Adams’ commission letter for the appointment.[7]

The Supreme Court held that the appointment by President Adams and his signature on the commission letter is all that was needed to validate the appointment of Marbury as justice of the peace for the District of Columbia.[8] Also, the Court held that “with commission being signed, the subsequent duty of the secretary of state is prescribed by law, and not to be guided by the will of the president. He is to affix the seal of the United States to the commission, and is to record it.”[9]

Now, Marbury v. Madison is still good law. To follow the same logic as presented in the Burris appointment, Illinois Governor Blagojevich appointed Burris and signed the commission letter for the appointment. This is all that was needed to validate the act. The Illinois State Supreme Court has already ruled that the Burris appointment is valid and neither Illinois Secretary of State Jesse White nor any other state official is needed to certify the Burris appointment.[10] The U. S. Supreme Court, applying Marbury v. Madison, will likely uphold the Burris appointment to the Illinois Senate seat as well.

Similar to Secretary of State Madison, Majority Senate Leader Harry Reid is using games to delay or ignore the legal Burris appointment by keeping Burris out of the Senate swearing in ceremony due to the fact that he does not have the signature of the Illinois Secretary of State. However, any lawyer should know that this gamesmanship tactic will be to no avail because Burris has U. S. Supreme Court case law in Marbury v. Madison and the 17th Amendment of the U. S. Constitution to validate his Illinois Senate seat appointment.

Legal Disclaimer: This site provides information about the law designed to keep readers informed of pertinent legal matters affecting the African-American community. But legal information is not the same as legal advice -- the application of law to an individual's specific circumstances. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a lawyer in your specific location if you want professional assurance that our information, and your interpretation of it, is appropriate to your particular situation.


[1] U.S. Const. amend. XVII, cl. 2.
[2] U.S. Const. art. V.
[3] U.S. Const. art. I, § 2, cl. 3.
[4] See Marbury v. Madison, 5 U.S. 137 (1803).
[5] Id. at 138.
[6] Id.
[7] Id.
[8] Id. at 157.
[9] Id. at 158.
[10] http://www.ft.com/cms/s/0/a52815d4-de26-11dd-8372-000077b07658.html?nclick_check=1

Monday, January 5, 2009

Forum at Brandeis University Discusses Blacks, Jews and Obama

The Scary Side of Our National Debt Explained By Black Finance Expert Boyce Watkins


Dr. Boyce Watkins
www.BoyceWatkins.com

Brought to you by The Great Black Speakers Bureau - The #1 Speakers Bureau in the world.

Hey Peeps,

I thought you guys might want to hear Barack Obama's latest pitch as he works to solve one of the greatest economic crises since The Great Depression. It is here if you'd like to take a look. I agree with the President that bold moves by our government are necessary. Where we differ is that I do not believe it to be reasonable to think that our economy, stock market, economic growth or employment numbers are going to reach prior levels any time soon. That's because much of our economy one year ago was an illusion....a mirage created by easy access to credit sparked by a poorly regulated financial system. We are effectively the great athlete trying to compete after his steroids have been taken away: The athlete might be good, but his natural talent will likely never match his performance when it has been enhanced by doping.

More importantly, it is critical that each of us seriously considers the long-term financial damage that has been done to our economy. Even worse than our financial system, our political system is one that promotes the kind of short-sighted behavior that will surely cause serious financial problems for our children and grand children. I apologize for sounding like an alarmist, but I must be blunt: Get your money together RIGHT NOW, or there may be hell to pay in the long-term. The data from my research show that this is simply the beginning of very serious long-term financial problems in our great nation.

Our money advice email list is here, feel free to join. If there is a way that my training in Finance can help you or your family overcome financial challenges, I'd be happy to share what I know.

Be well,
Dr Boyce
www.BoyceWatkins.com

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The Scary Side of Our National Debt
By Dr. Boyce Watkins
www.BoyceWatkins.com

As a finance professor, I become nervous when listening to the numbers being tossed around by our federal government. I hear “700 billion for this and 800 billion for that” mentioned as casually as a man tossing dollar bills at a strip club. Our government officials have been wasteful, incompetent and incredibly myopic in the way they’ve managed our money. Even conservative Republicans are spending like financially illiterate rap stars, and the Obama-mania train doesn’t seem interested in taking a different track.

Added to the $400 - $700 Billion that President Elect Obama wishes to spend on a stimulus package (not to mention bail-outs for automakers and other parts of the economy), the total amount of money our government has seriously considered allocating to solve the financial crisis has approached the $2 Trillion dollar mark. In case you’re wondering, that is A LOT of money, even for government officials who think that money grows on trees.

The truth is that, like the star quarterback who thinks his money will never run out, our country is going to wake up one morning, only to realize that we are no longer financially secure. We are going to be alarmed by the prospect that our government securities are no longer considered risk-free investments. Like the worried mother who notices she is one paycheck away from being homeless, we will see that we are one terrorist attack away from being stripped of our vast economic power.

To put the $2 Trillion dollar problem into context, consider this:

- Our government’s annual income (IRS receipts coming from money you and I pay in taxes) is about $2.5 Trillion dollars.
- Our national debt has reached the $10 Trillion dollar mark. That is like a man earning $250,000 per year, and sitting on a million dollars in debt, with full intention of obtaining more debt because he believes he is too rich to go broke.
- Roughly 42% of the Federal budget goes toward entitlements: Medicare, Medicaid and Social Security. Another 20% goes to making sure we can arbitrarily “liberate” other countries who happen to have plenty of oil (the military), and another 9 – 10% goes toward paying the interest on the national debt.
- Our population is aging – this implies that our productivity as a nation is going to drop over the next 30 years, and our real Gross National Product is likely to drop with it. In conjunction with our decline in productivity, our obligations for the "Big Government 3" (Medicare, Medicaid and Social Security) are going to grow. So, the guy I mentioned above with a million dollars in debt is also going to see his income decline, while watching his expenses go up.

Translation: our country is in serious financial trouble. Trickle down economics (as proposed by these bailout plans) almost never works. I am amazed that we live in a country in which the same irresponsible men who caused the crisis are the first to be rewarded with a government bailout. The next time someone attempts to argue that Black males or young single mothers lack personal responsibility, I am going to point to the bankers on Wall Street and our government officials as being far more damaging to our nation. The real welfare recipients live on Wall Street, Capitol Hill and in executive suites, as they beg and plead for government assistance that is being granted at will. All the while, I hear politicians (even the great Black man in the White House) tell Black males with nearly 50% unemployment that they just “need to be more responsible”.

What are the solutions to this problem? There really are no quick solutions, but this might be where President Elect Obama can start:

First, stop declaring expensive wars that don’t make any sense. The Iraq War costs our nation roughly $340 million dollars per day and a combined total of half a trillion dollars. That’s enough to send over 10 million kids to college or to pay a year’s worth of health insurance for 100 million people. You could also provide $100,000 dollars worth of mortgage relief to 5 million American families.

Second, stop electing incompetent people to the most challenging office in the land. Choosing President Bush to run our country means that we deserve whatever consequences come from allowing arrogant Ivy League privilege to override the importance of competence, intelligence and solid leadership. With all the bogus and racist claims that Black youth are crippled by anti-intellectualism, it’s funny that nearly 50% of our nation planned to elect a Vice President who doesn’t know that Africa is a continent.

Third, stop throwing our children’s futures into the garbage. Millions of powerful minds are being wasted each year by a horrible inner city educational system. The money spent on the war in Iraq could have saved the lives of these youth and turned them into productive Americans. Instead, many of them are only going to be prepared to milk the economy for more costly entitlements.

Fourth, stop incarcerating many of our most productive citizens. We pay roughly $23,000 per year to incarcerate criminals, plus an average of $24,000 per year/per inmate for community corrections officers and other supervisory officials. Spending that money to educate and rehabilitate these individuals would not only increase our nation’s productivity, it would further reduce reliance on government support given to those who’ve been marginalized or had their families destroyed by our barbaric system of incarceration. This doesn’t count the impact on health effects that would come by simply stopping the prevalence of prison rape and transmission of disease within many communities across America. All chickens eventually come home to roost, even when they’ve been given 25 to life. The incarceration of productive Americans is an inter-generational loss, since their ill-nurtured children then become society’s worst nightmares.

Finally, our elected officials must stop thinking that they have a blank check. Sorry Senators, but you don’t. Money is finite, and when you keep piling up debt like MC Hammer, you’ll find yourself broke after your next album. Around the world, massive wealth appears and disappears in a flash, and by continuing our irresponsibility, we are setting the stage for the twilight of our great nation. Our officials must be more responsible and the American people must demand limitations on the use of federal debt.

Every great empire has a sunset. Many successful individuals and entities are brought down by a crippling vice, addiction or series of poor choices. America's love of debt, arrogance in leadership and unwillingness to plan for the future may be the poisons it has picked to undermine our global prominence. Protect yourself and your family, for there are bumpy times ahead.

Dr. Boyce Watkins is a Finance Professor at Syracuse University. He does regular commentary in national media, including CNN, ESPN, BET and CBS Sports. For more information, please visit www.BoyceWatkins.com.