Tuesday, April 28, 2009

Barack Obama Accused of Breaking Promise to Farmers

As a senator, Barack Obama led the charge last year to pass a bill allowing black farmers to seek new discrimination claims against the Agriculture Department. Now he is president, and his administration so far is acting like it wants the potentially budget-busting lawsuits to go away.

Black Farmers

AP

The change isn't sitting well with black farmers who thought they'd get a friendlier reception from Obama after years of resistance from President George W. Bush.
"You can't blame it on the Bush administration anymore," said John Boyd, head of the National Black Farmers Association, which has organized the lawsuits. "I can't figure out for the life of me why the president wouldn't want to implement a bill that he fought for as a U.S. senator."

Click to read.

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Be Inspired…Be VERY inspired – Michelle Obama is the New Face of India

Heather Ferreira works in the slums of Mumbai, India, where she has watched thousands of women live under a "curse."

The women she meets in the squalid streets where "Slumdog Millionaire" was filmed are often treated with contempt, she says. They're considered ugly if their skin and hair are too dark. They are deemed "cursed" if they only have daughters. Many would-be mothers even abort their children if they learn they're female.

Yet lately she says Indian women are getting another message from the emergence of another woman thousands of miles away. This woman has dark skin and hair. She walks next to her husband in public, not behind. And she has two daughters. But no one calls her cursed. They call her Michelle Obama, the first lady.

 

Click to read.

GM’s Workers in a tough situation

In an attempt to avoid bankruptcy, General Motors announced plans to cut 23,000 jobs by 2011, with another round of buyouts in the works that will likely be its stingiest yet.

While discussions are currently taking place on what the next buyout offer will entail, the company is remaining tight-lipped for now. "We don't have anything to announce at this time," said GM spokeswoman Sherri Childers Arb.

The United Auto Workers union was not available for immediate comment.

But with the company in such serious financial trouble, the latest offer is likely to be stingier than what employees have received in the past.

"The financial condition of the company has deteriorated, so the ability to provide generous buyouts has declined as well," according to John Weykamp, an auto restructuring expert at accounting firm Crowe Horwath.

Most recently GM (GM, Fortune 500) offered a buyout package in February to cut down on the number of hourly workers.

Approximately 22,000 eligible employees were offered full pension and health care coverage, in addition to the buyout package, which included $20,000 in cash and a $25,000 voucher toward the purchase of a GM car.

Employees had between February and March 24 to accept those buyout provisions. About 7,000 employees agreed to those terms, according to Childers Arb. The workers who took the buyouts had to leave the company by April 1.

 

Click to read.

The Obama Administration Embarrassed by NYC Stunt

 

A jet flew over NYC this week and scared people on the ground.  Witnesses thought there would be another 9/11 incident, and the entire city was in a panic.  Click the image to watch!

Swine Flu Keeps Growing Worldwide

Cases of swine flu were confirmed early today in Israel and New Zealand, the first definitive proof that the dangerous new virus has spread to Asia.

The World Health Organization, which yesterday raised its pandemic threat level from 3 to 4, two levels below a full-scale pandemic, will not meet today to consider another increase, a spokesman said at a news conference.

While the agency said people should think carefully before traveling to or from areas known to be affected by the flu virus, spokesman Gregory Hartl said it considers formal travel restrictions and border closures ineffective because people who would be screened could be infected but not yet showing symptoms.

"Border controls don't work. Screening doesn't work," Hartl said, according to Reuters news service, describing the economically-damaging travel bans as basically pointless in public health terms.

 

 

Click to read.

Monday, April 27, 2009

President Obama Gives His Weekly Address

3 Injured in Student Shooting at Hampton University

A former Hampton University student armed with three guns followed a pizza delivery man into the student's former dorm early Sunday, shot the delivery man and a dorm monitor, then turned the gun on himself, university officials said. All three survived.

No current students were injured and both victims and the alleged shooter were expected to recover. Officials could offer no motive for the shooting.

Hampton President William R. Harvey, who said he arrived within 15 minutes of the shooting, told a news conference the campus shooting could have been much worse.

"I think we are very, very fortunate. This could have been another — you fill in the blank," Harvey said.

 

Click to read.

Sunday, April 26, 2009

Barack Gets Good Reviews for the first 100 Days in Office

The reporters assembled Thursday morning to hear the results of a new poll measuring public attitudes toward President Obama did their best to ferret out nuggets of bad news. How durable is the president's high job-approval rating (63 percent) and higher-yet personal rating (73 percent)? One bit of bad news and the rainbow disappears? asked one scribe. What about the narrative Republicans are advancing that Obama is a weak president who can be pushed around? Another wondered how much of Obama's "halo effect" could be attributed to the nation's "historic self-congratulations" over the breakthrough his election represented.

 

Click to read.

Saturday, April 25, 2009

Dr. Christopher Metzler Analyzes Recent Supreme Court Decision

by Dr. Christopher Metzler, Georgetown University

As we worried about whether Michelle Obama should have touched the Queen, whether Bo (the White House dog) will be as famous as Barney and whether Levi Johnson of Sara Plain fame practiced safe sex all of the time, the Supreme Court of the United States was wading into the racial water with an American public that is now ensconced into "post-racial" cocoon because of the election of Barack Obama.

This week the Roberts court heard the case of Ricci, ET Al. In this case, several white and one Latino firefighter in New Haven Connecticut asked the Court to decide whether the city violated Title VII of the Civil Rights Act of 1964 and the United States Constitution by throwing out a promotion test in which the plaintiffs but no blacks scored high enough to be promoted. The rather clinical legal questions are:

  • Whether the city's failure to certify the results of promotional exams violated the disparate (or different) treatment provisions of Title VII of the Civil Rights Act of 1964.
  • Whether the city's failure to certify the results of the promotional exams also violated Title VII since Title VII makes it unlawful for employers to "adjust the scores of, use different cutoff scores for, or otherwise alter the results, of employment tests on the basis of race."
  • Whether the city's failure to certify the results of the promotional examinations violated the equal protection clause of the 14th Amendment to the United States Constitution.

As clinical as these legal question are, they have significant real life political ramifications. Although the plaintiffs in this case are firefighters, the decision will affect employment law, affirmative action, diversity and they way in which employers and others seek to remedy the lingering effects of discrimination. The reality is that not everyone believes that discrimination still occurs in America since slavery has been outlawed, the Civil Rights Act of 1964 has been implemented and President Obama occupies the White House. Regardless of the position one takes on these issues, the significance of the Court's decision cannot be underestimated for many reasons, a few of which I have outlined below.

First, the Roberts court has not spoken on race in any significant way and is eager to do so. Of course, it is Justice Kennedy who will ultimately decide this case and both the liberal and conservative blocs of the Court will work to craft a decision which he can sign onto. The difficulty for the liberal wing of the Court is that this case is as much an ideological case as it is a legal one. Good old fashioned liberal ideology will require a decision which reaffirms the need for government to be zealous in forming race-conscious decisions. In order to uphold the city's decision, the liberal wing will have to convince Kennedy that the city's decision to refuse to certify the test results was based on the fact that the test impacted Black fire fighters negatively and worse because it ensured that none of them would be promoted.

Given that so many Americans now believe that the election of President Obama is proof that America is "race blind," this argument will run into political headwinds. The Court's decision will reveal whether it relies on the political or finally acknowledges that American legal decisions because of the ideological shift of the courts are both political and legal and thus not neutral.

Congress prohibits both disparate treatment (treating someone different because of race) and disparate impact (discrimination where an ostensibly neutral practice such as the test, disproportionately impacts a group because of race). The question is, how the Roberts Court views disparate impact since, in theory anyone who fails the test (be they Black, White, Asian or Latino cannot be promoted). The Roberts Court will have to judge both the theory of equality and the reality of inequality in an effort to reach a decision.

Second, one can only hope that the Court will not make a decision in which it instructs employers to avoid thinking about how employment related decisions can and do have racial implications as to do so will simply be as divorced from reality as anyone can be. Moreover, cities and states in the not so distant past denied Blacks the right to vote ostensibly not because they were Black but because they could not pass the "voter exam" or pay the poll tax. Thus, employers cannot craft anti-racist employment policies without first examining whether racial bias is embedded in supposedly neutral tests.

The conservative bloc of the court will argue that the City should not reward the black firefighters for failing the tests. They will posit that race has nothing to do with the test and that the tests are simply designed to promote the "most qualified" firefighters to the next level. To do so will require a through and sifting analysis of whether "most qualified" is a neutral term or whether it has cultural and racial implications. The conservative bloc will argue that qualifications are neutral and that valid tests, such as the one in question here, are an equalizer.

Of course, they would be hard pressed to prove the degree of rationality of the tests and its correlation of it to promotion. This wing then will rely on the rhetorical claim of equality in testing without examining the flaw in the rhetoric and the reality of a still racial America. The argument in sum is that the test cannot be discriminatory because employers no longer discriminate against Blacks. Thus, the firefighters failed the test not because of racial bias but because they are ill prepared to be leaders in the department.

Given the "post racial" hysteria that has enveloped this country, this may in fact be the winning argument. Thus, the Roberts Court may have political cover to issue a decision which elevates the theoretical rhetoric of equality in a substantively unequal America. The question then becomes whether Congress will have the fortitude to resolve the dilemma with the support of the President.

Dr. Christopher J. Metzler is associate dean at Georgetown University and the author of The Construction and Rearticulation of Race in a Post-Racial America.

David Duke Arrested Overseas

A former US Ku Klux Klan chief, David Duke, seen here, arrested ...

A former US Ku Klux Klan chief arrested here on a speaking tour was freed during the night but will be forced to leave the country later Saturday, Czech police said.

David Duke, the former Grand Wizard of the Louisiana-founded Knights of the Ku Klux Klan, arrived in Prague on Friday at the invitation of a local far-right group, Narodni Odpor (National Resistance).

The 59-year-old US citizen had been due to give three lectures in Prague and Brno in the east of the country and present the Czech translation of his 1998 book "My Awakening."

 

Click to read.

The Legal Profession Needs Diversity

Glance at the Daily Business Review's annual yearbook of new partners at South Florida law firms and the dearth of minorities and women is quickly obvious. Only three black lawyers were promoted to partner by area firms who responded to the DBR's survey.

One black woman was promoted to partner at Holland & Knight and another two at Greenberg Traurig.

Undeterred by the economy and the racial and gender barriers, minority and women lawyers press on.

Detra Shaw-Wilder, a black litigation shareholder at Coral Gables-based Kozyak Tropin & Throckmorton, says she can see progress in the representation of women and minorities in the partnership ranks at South Florida law firms -- but it has been gradual.

When Shaw-Wilder was vice president of what is now the Wilkie D. Ferguson Bar Association in 2001, she observed 18 black partners at large and mid-sized law firms in Miami-Dade, Broward and Palm Beach counties. There are now 31.

"From one perspective you can say surely there is progress," she said. "But it is slow going. There's a long ways to go. There's definitely work to be done and more progress to be made.

Click to read.

Black News: Black Graduates Hit Hardest by Unemployment numbers

by Algernon Austin

Fifteen months into a deep recession, college-educated white workers still had a relatively low unemployment rate of 3.8% in March of this year. The same could not be said for African Americans with four-year degrees. The March 2009 unemployment rate for college-educated blacks was 7.2%—almost twice as high as the white rate—and up 4.5 percentage points from March 2007, before the start of the current recession (see chart).

 

Click to read.

Friday, April 24, 2009

Barack Obama Being Pushed on Torture Issue

The White House and the Democratic leadership in the Senate signaled on Thursday that they would block for now any effort to establish an independent commission to investigate the Bush administration’s approval of harsh interrogation techniques.

In doing so, they sought to reduce pressure for a full inquiry — from, among others, the House speaker, Nancy Pelosi — that has grown more intense since President Obama suggested on Tuesday that he would be open to such an investigation. While the White House has contended that Mr. Obama never actively supported an inquiry, his firmer opposition to the possibility, communicated to Congressional leaders in meetings on Wednesday night and Thursday, represented a shift in emphasis.

Meeting with the Democratic leadership on Wednesday night, Mr. Obama said a special inquiry would steal time and energy from his policy agenda, and could mushroom into a wider distraction looking back at the Bush years, people briefed on the discussion said. Mr. Obama, they said, repeated much the same message on Thursday at a bipartisan meeting with Congressional leaders.

 

Click to read.

Bush Torture Scandal Gets at Condi First

Condoleezza Rice

 

Condoleezza Rice gave permission for the CIA to use waterboarding techniques on the alleged al-Qaida terrorist Abu Zubaydah as early as July 2002, the first known official approval for the technique, according to a report released by the Senate intelligence committee yesterday.

The revelation indicates that Rice, who at the time was national security adviser and went on to be secretary of state, played a greater role than she admitted in written testimony last autumn.

The committee's narrative report (pdf) also shows that dissenting legal views about the interrogation methods were brushed aside repeatedly. The mood within the Bush administration at the time is caught in a handwritten note attached to a December 2002 memo from Donald Rumsfeld, the then defence secretary, on the use of stress positions.

click to read.

Thursday, April 23, 2009

President Obama Attacks High Fees for Credit Card Companies

Ramping up his campaign to crack down on credit cards, President Obama met Thursday with more than a dozen executives of card-issuing companies to press his case for new consumer protections.

Click to read.

Somalia’s Prime Minister Asks for Weapons Embargo to be Lifted

Somalia's prime minister told CNN Thursday that the international naval patrols in the Gulf of Aden are not solving the problem of piracy in the region.

Somalia's prime minister says the international naval patrols are having little effect on the piracy problem.

Somalia's prime minister says the international naval patrols are having little effect on the piracy problem.

Prime Minister Omar Abdirashid Ali Sharmarke pointed to the recent increase in pirate attacks as evidence, and called for the U.N. arms embargo on Somalia to be lifted so the government can fight back against the pirates and local militant Islamist groups.

"One of our biggest problems is that al-Shabaab has AK-47s, and the pirates have AK-47s, and the government has AK-47s," the prime minister told CNN's David McKenzie in Nairobi, Kenya.

"You can't expect the government to win against such a problem. The only way is to have sufficient capability, and it starts with lifting the arms embargo. You know, we have been handicapped by those sanctions." Video Watch more from Somalia's PM »

The arms embargo on Somalia has been in effect for more than 16 years. Most serviceable weapons and almost all ammunition currently available in the country have been delivered since 1992, in violation of the embargo, according to the U.N. Security Council.

 

Click to read.

The Mixed Message of Obama’s Boycott of the Racism Conference

by Dr. Ronald Walters, University of Maryland

I am missing something here.  President Barack Obama just went to Europe and Iraq and made speeches saying that he would be deferential to Communist China,  that he would meet without conditions with the leadership of Iran and that he wanted to open up a new relationship with the Islamic world.  Then he went to the Conference of the Americas in Trinidad and shook the hand of Hugo Chavez of Venezuela who has said some devilish things about America and the Bush administration.  But the key issue that took the conference over was the American overture to Cuba to talk, in response to Raul Castro’s statement that he would talk with the U. S. and that everything would be on the table.  Moreover, the Obama administration has said that it wanted to open up a new chapter in its relationship with the United Nations.  To that end, it has appointed an African American  Ambassador and put in its application for a seat on the Human Rights Commission.  Against this background, the decision of the Obama administration not to go to the United Nations Conference On Racism in Geneva, Switzerland April 20-24 would appear to be a powerful refutation of this relatively liberal approach to the international community it has established.

Click to read.

Pastor’s Massive Pay Package Causes Lawsuit

Reverend Brad Braxton.

Dr Boyce Watkins

www.BoyceWatkins.com

I read today about the financial compensation package of pastor Brad Braxton of the New Riverside Church in Manhattan.  Here is the breakdown of Braxton’s compensation:

  • $250,000 in salary.
  • $11,500 monthly housing allowance.
  • Private school tuition for his child.
  • A full-time maid.
  • Entertainment, travel and "professional development" allowances.
  • Pension and life insurance benefits.
  • An equity allowance for Braxton to save up to buy a home.
  • On top of that, Braxton immediately hired a new second in command at more than $300,000 a year.

    The total value of the package is estimated to be $600,000 per year. 

    All I can say is “wow”.  No disrespect to this man or his congregation, but he would NOT be preaching at my church.  What was most problematic about the church’s decision to give Braxton such a ridiculous compensation package was that they didn’t seem to clear it with the membership, many of whom are filing suit over Braxton’s pay. As a Finance Professor, I must admit that I personally become uncomfortable hearing men and women of God talking about money more than I do.  I must disagree with Rev. TD Jakes, who said that “Jesus is a product”.  Sorry brother, Nikes are a product.  Cheeseburgers are a product.  Jesus is a spirit that should lead us to pursue a good that is greater than our bank accounts.  I am not sure how many pastors agree with that assessment. 

  • Wednesday, April 22, 2009

    Al Sharpton Fined by the Government

    The Rev. Al Sharpton and his National Action Network have reportedly been fined $285,000 for violating federal election rules during his 2004 bid for president.
    The Federal Election Commission, in a decision to be made public next month, found Sharpton's Democratic primary campaign accepted hundreds of thousands of dollars in contributions from private sources, according to the New York Post.

    Click to read.

    Tuesday, April 21, 2009

    Why Obama Doesn’t Care about the UN Racism Conference

    by Dr. Christopher Metzler, Georgetown University

    As President Obama shook hands with Venezuelan President Hugo Chavez, he was willing to take the political heat. He said that he was not concerned about the politics of the hand shake and more concerned about extending an open hand to nations hostile to the U.S. The open hand, it seems, is not so open after all. The President announced that, like the Bush Administration, the United States will boycott the world anti-racism conference (Durban II), which opens in Geneva today. According to the President, "I would love to be involved in a useful conference that addressed continuing issues of racism and discrimination around the globe. We expressed in the run-up to this conference our concerns that if you adopted all of the language from 2001, that's not something we can sign up for. "Hopefully some concrete steps come out of the conference that we can partner with other countries on to actually reduce discrimination around the globe, but this wasn't an opportunity to do it."

    obama-rice.jpgHe is not willing to take the political heat in this case because there is language criticizing Israel and the West in the final document. As the world celebrates the election of the first Black President, the United States boycotts the world conference against racism. Symbolism, it seems has met political reality.

    On this issue, it is difficult to reconcile the President's rhetoric with his actions. The President has repeatedly said that his policy is to talk with those with whom he disagrees. He is talking to Chavez, to Ahmadinejad, to Medvedev and Kim but cannot talk to human rights defenders about the best way to address the continuing significance of racism world wide? Surely the message cannot be that the United States does not believe that the right to be free from racism is not a basic human right.

    Click to read more from our Black Scholar’s Blog.

    Police Officer Under Fire for Joking about Killing a Black Suspect

    The NAACP is telling the police department in Erie, PA to fire an officer who was caught on camera making jokes about shooting a Black man in the head.  Click the image to watch.

     

    Your Black Money: Russell Simmons Responds to Dr. Boyce Watkins, YourBlackWorld Critiques

    From Dr. Boyce Watkins

    To the YourBlackWorld family:  Some of you saw my recent critique of the RushCard, the new prepaid debit card issued by Russell Simmons.  Some took my article about the RushCard and interview about the Rushcard on BBC World news and The New York Times to imply that I have serious problems with the way Russell Simmons does business.  While I do not feel that Russell, nor anyone else, is above being critiqued by the Black community, it should be made clear that I respect much of Simmons’ work, especially what he has done to reduce the severity of the drug laws that incarcerate so many Black men across America. 

    I must admit that I’ve been disturbed by the recent trend of African American urban role models lending themselves out to companies such as Rent-a-Center to encourage people of color to participate in arguably one-sided financial transactions.  But I must be clear when I say that the RushCard is not necessarily a bad deal for those who need it.  My greatest challenge to President Obama is to find ways to ensure that all Americans have access to basic services, such as bank accounts, so they are not forced to pay high fees in order to access their own money.  I cannot endorse an argument which states that Russell is necessarily a philanthropist (as his ads claim) because his company provides an option that improves upon the horrific options already in place.  So, while I agree 100% that the RushCard is better than check cashing venues in the Black community, my greatest concern is that many members of the urban poor are still paying the high cost of poverty in America.  It is my hope that Russell sincerely fulfills his role as philanthropist, leader and financial enabler by genuinely working to solve critical liquidity and financial literacy problems in urban America.  I have complete faith that he can accomplish whatever he puts his mind to.

    So, out of fairness to Russell, I want all of you to see his response to the New York Times piece, which is written below.  My goal is not to think for you, it’s to encourage you to think for yourself.

     Click to read.

    Monday, April 20, 2009

    Black News: Ex-CIA Chief Accuses Obama of National Security Risks

    A former head of the CIA slammed President Obama on Sunday for releasing four Bush-era memos, saying the new president has compromised national security.

    Former CIA chief Michael Hayden said Sunday it is wrong to make interrogation methods public.

    Former CIA chief Michael Hayden said Sunday it is wrong to make interrogation methods public.

    Michael Hayden, who served as former President Bush's last CIA director from 2006 to 2009, said releasing the memos outlining terror interrogation methods emboldened terrorist groups such as al Qaeda.

    "What we have described for our enemies in the midst of a war are the outer limits that any American would ever go to in terms of interrogating an al Qaeda terrorist. That's very valuable information," Hayden said during an appearance on "Fox News Sunday."

    "By taking [certain] techniques off the table, we have made it more difficult -- in a whole host of circumstances I can imagine -- for CIA officers to defend the nation," he said.

    Click to read.

    Sunday, April 19, 2009

    Black Legal News: Jesse Jackson Jr. Subject to Ethics Investigation

    A congressional ethics panel is investigating Rep. Jesse Jackson Jr. (D-Ill.) after allegations last year that some of his associates had discussed helping then-Gov. Rod Blagojevich with fundraising if Blagojevich agreed to appoint Jackson to the seat vacated by then-Sen. Barack Obama.

     

    Click to read.

    The Historical Context of our Money Crisis

    (Money Magazine) -- For many people, the most shocking aspect of the financial crisis is that something of this scale could happen at all. Wasn't it just a couple of years ago that the rise of globalization - and the growing sophistication of financial markets - offered the promise of perpetually low inflation, cheap money, and fat returns?

    But for British historian Niall Ferguson, what's remarkable is that anyone could have thought this at all. In his latest book, "The Ascent of Money," the Harvard history and business professor traces the evolution of the world's financial systems from the earliest known coins in 600 B.C. to the collateralized debt obligations that brought down Wall Street.

     

    Click to read.

    Saturday, April 18, 2009

    Black Political News: Obama Asks for Budget Cuts

    President Obama said Saturday he will ask all of his department and agency heads for specific proposals for cutting their budgets at his Cabinet meeting early next week as he searches for ways to streamline government spending.

    Obama, who is attending the Summit of the Americas in Trinidad this weekend, said in his weekly radio and Internet address that he would make the request for cuts Monday at a Cabinet meeting.

    "In the coming weeks, I will be announcing the elimination of dozens of government programs shown to be wasteful or ineffective," he said. "In this effort, there will be no sacred cows and no pet projects. All across America, families are making hard choices, and it's time their government did the same."

    While discussing the need for more efficient government, Obama announced he was filling an administration position that caused him trouble on the last try. Obama said Jeffrey Zients, a CEO, management consultant and entrepreneur, will join the administration as the government's chief performance officer and will also serve as deputy director for management of the Office of Management and Budget. He will work to streamline processes and cut costs, Obama said.

     

    Click to read.

    Black Money: Dr Boyce Watkins Talks Rushcard in the NY Times

    In a speech today, the Federal Reserve chairman Ben S. Bernanke talked about the need to “strike the right balance: to strive for the highest standards of consumer protection without eliminating the beneficial effects of responsible innovation on consumer choice and access to credit.”

    Where exactly regulators think that “balance” lies has varied greatly over time. Throughout American history, politicians and their constituents have viewed access to credit as alternatively empowering and exploitative. We can’t seem to decide: Is making credit available to “subprime” borrowers helping them, or taking advantage of their ignorance?

    Click to read.

    Friday, April 17, 2009

    Black Politics: Why CNN Dumped DL Hughley

    Remember the short-lived show “DL Hughley Breaks the News”?  Well, it turns out that CNN ditched Hughley because thousands of Americans, black and white, found his humor to be offensive and pathetic.  Read some of the comments that appeared on the New York Times blog:

  • CNN please remove D.L. Hughleys’ new show! There is no space in this evolving society for such baffonery! Please seek to have ethnic diversity without embrassment! Why not a counter-part (African, Asian, Latino etc.) such as a Bill Maher. Let’s view someone and something where we can sit with our diverse friends and neighbors and not feel the need to flee ! Thank you, in advance for considering prompt action is removing this show.

    — Julie Everett

  • 2. October 25, 2008 10:35 pm Link

    I am absolutely appalled at the content of this show. Why must we continue to revisit old stereotypes for the sake of “comedy?” This is truly an insult and a slap in the face. Where is our dignity? Senator Barak Obama does not need this type of connection. D. L. Hughley is very talented and can be funny and continue to succeed without the derogations.

    — Judith Augustus

  • 3. October 25, 2008 10:47 pm Link

    CNN’s D.L. Hughley Show is a disgrace. D.L. Hughley is a Uncle Tom. We are trying to move this country in a new direction away from derrogatory comments and stereotypes. Hughley has made it possible for other cultures to look at African-Americans in a negative light. Just because Hughley is an African-American does not make it OK. CNN has masterfully accomplished what it has been itching to say but couldn’t because they don’t have any African-American anchors so they hired a Uncle Tom to do the lynching for them. There is nothing funny about calling Senator Obama a pimp. We have serious issues facing U.S. and if Senator Obama is elected President, we need ALL Americans to take him seriously.

    — Theresa

  • Click to read more comments on DL Hughley

  • How Predatory Lending Works: Dr Boyce Watkins

     

    Why Financial Predators Usually Have Black Prey

    By Dr. Boyce Watkins

    www.DrBoyceMoney.com

    I talked to my good friend Ryan Mack, CEO of Optimum Capital Management, the other day. Ryan wrote an interesting piece about The Rushcard, a new prepaid debit card offered in a partnership between Russell Simmons and Unifund, a company that typically makes its money from bad debt collection. I read the piece curiously, as I have been learning how the Rushcard works, why it exists and who might benefit from the service. On the flip side, there is the larger concern that someone might be taking advantage of those who have the least access to capital, largely African Americans in poor communities.

    The Rushcard is a prepaid banking card with no credit check that allows consumers to deposit their paychecks onto the card, as well as make purchases and withdrawals as if the card were a regular Visa. Russell (a self-proclaimed “philanthropist”, a title likely used to pre-empt any accusations of fraud or exploitation) also argues that the card helps marginalized Americans to seek out the American dream.

    I didn’t know that the American dream was to hold a piece of plastic. Credit cards have created an infinite number of American nightmares as they tend to breed excessive consumption. But one can certainly argue that this card deals with one serious problem in the Black community: a lack of access to capital and banking services. Many people in urban America can’t get bank accounts. Many more have bad credit, can’t get rental cars or find themselves leaning toward check cashing services to liquidate their paychecks. Russell, “the philanthropist” has apparently taken it upon himself to solve this problem.

    I can say, as a Finance Professor, that the Rushcard would likely not make money if it were not filling a critical need. The problem, however, is that those who “help” individuals in need may end up abusing their power. One can argue that a pimp is “helping” a young homeless girl by giving her a place to live. A loan shark can say that he is “helping” a family get the money they need by lending the funds at exorbitant interest rates. A man who sells water for $10 a sip is “helping” a man in the desert get what he needs to survive. So, there is a thin line between “helping” someone vs. exploiting a given need or weakness.

    I became quite concerned when I saw the long list of complaints from those using the Rushcard. Those who wrote the comments I saw on a blog about the Rushcard seemed to have serious problems with the customer care behind the card. In his article, Ryan does an interesting comparison between the fees of the Rushcard vs. those of a typical Bank card:

    Rushcard vs. Typical Bank Card
    Activation Fee: Rushcard = $19.95 Typical Bank Card = Free
    Convenience Fee: Rushcard = $1.00 Typical Bank Card = Free
    ATM Cash Withdrawal: Rushcard = $1.95 Typical Bank Card = Free (At Branch)
    ATM Balance Inquiry: Rushcard = $.50 Typical Bank Card = Free
    Bill Payment: Rushcard = $1.00 Typical Bank Card = Free
    Inactivity: Rushcard = $2.95 Typical Bank Card = Free
    Refund of Rushcard/Bank Card via Check: Rushcard = $5.00 Typical Bank Card = Free

    So, if these numbers are any indication, it appears that the Rushcard is not a very good investment. Most reviews that I’ve seen recommend against using the card, since it appears that users are paying a premium for the Baby Phat design on the front. What’s more disturbing about the Rushcard is that Russell does not seem to be nearly as determined to fulfill his role as a “philanthropist” when it comes to helping African Americans overcome the underlying cause of the very problems he claims to be fixing. As Ryan explained it, “It’s like telling someone with a cavity that they should chew with the other side of their mouth.” The Rushcard offers few options to help people repair their credit, and I have personally found most of Russell’s financial literacy initiatives to be quite limited in impact.

    While we cannot blame Russell Simmons and others for profiting from the lack of financial literacy and access to capital in the Black community, there are things we can do to encourage Russell to do the right thing. First, the Obama administration can and should implement programs to help those with poor credit obtain bank accounts. Every American should have access to a bank account, and services such as direct deposit should not be a luxury. Secondly, the Banking industry should stop passing over profitable investment opportunities in the Black community. Perhaps if Russell had more competition, his fees might go down. Third, there is no greater cure for money problems than good old fashioned financial literacy. Most victims of financial exploitation are not even aware that the exploitation is taking place. Financial literacy should be taught in every public high school in America, since it might actually be the one class that students actually use.

    Russell Simmons is not necessarily a philanthropist, but he is not the devil. He is merely a symbol of a larger problem. The problem requires long-term solutions, and a high cost piece of plastic is certainly not one of them.

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

    Where do Fox News Tea Parties Come from?


    Genma Holmes, YourBlackWorld.com


    I attended several tea parties yesterday. An informed consumer makes a better a tax payer in my book. Paying taxes is not a Democrat or Republican issue to me. It is an issue that everyone in this country should be paying attention to, especially during this time of economic chaos. As I listened to the crowds yelling about the President, I think the message of why they were gathering in the first place was lost in the screaming.


    One of the top grievances of the organizers was the hundreds of billions of dollars in recent taxpayer subsidies to automakers, banks and Wall Street investment giants. This was a grass roots movement that started in Tennessee. Many concerned citizens, black and white, red and yellow, were disgusted by executive bonuses and the lack of accountability to the taxpayers who are now "investors" in these global companies. Being investors in companies that many Americans do not consider good investments should have been a time for not only educating taxpayers but elected officials as well.


    Click to read more from Genma Holmes and other Black authors.

     

    Black Money: Study Finds that Black Male Unemployment is out of control

    A recent study indicates that of the major ethnic groups impacted by unemployment during the current U.S. recession, Black men have experienced the greatest job losses since the crisis officially began in November 2007.

    "What's missing from national media coverage of this recession is plainly a great deal of [honesty] about who's losing their jobs. This is overwhelmingly a blue-collar, retail sales, low-level recession," said Andrew Sum, professor of economics and director of the Center for Labor Market Studies at Northeastern University in Boston, Mass., which published the study.

    "The Impacts of the 2007-2009 National Recession on Male Employment in the U.S. through January 2009; The Massive Concentration of Job Losses Among Males Especially Black Men and Blue Collar Workers" tracked employment losses in the recession across gender groups of workers overall, and in the four major ethnicities— Asian, Black, Hispanic and White. Thestudy found that:

     

    Click to read.

    Black Money: Michigan, DC Other cities hit hard by unemployment

    Unemployment rose in 46 states and Washington, D.C., in March, with Michigan leading the way at 12.6%, the government said Friday.

    The most dramatic increase was in Oregon, which went from 10.7% to 12.1% - the second-highest among the states.

    Oregon was followed by South Carolina, at 11.4% in March, and California, at 11.2%.

    The Michigan job market has been hit hard by the battered auto industry. The Big Three carmakers have shed tens of thousands of jobs because of giant corporate losses and waning demand for vehicles.

    In Oregon, employment is heavily reliant on the lumber industry, which has suffered from the decline in homebuilding in California and elsewhere.

     

    Click to read.

    Your Black Politics: Tea Parties, Obama and Fox News

    by Genma Holmes, YourBlackWorld.com

    I attended several tea parties yesterday. An informed consumer makes a better a tax payer in my book. Paying taxes is not a Democrat or Republican issue to me. It is an issue that everyone in this country should be paying attention too, especially during this time of economic chaos. As I listened to the crowds yelling about the President, I think the message of why they were gathering in the first place was lost in the screaming.


    One of the top grievances of the organizers was the hundreds of billions of dollars in recent taxpayer subsidies to automakers, banks and Wall Street investment giants. This was a grass root movement that started in Tennessee. Many concerned citizens, black and white, red and yellow, were disgusted by executive bonuses and lack of accountability to the taxpayers who are now "investors" in these global companies. Being investors in companies that many Americans do not consider are good investments, tea parties should have been a time for not only educating the stockholders but elected officials.
    When Fox News signed on to the project, the messages became more Palinish vibe in its delivery and context. Fox's nightly commentators started puffing air into the grass root movement and it suddenly became a national event.

    Click to read.

    Thursday, April 16, 2009

    Dr Henrie M. Treadwell Steps Up for Black Men – Open Letter to Barack Obama


    Dr. Henrie M. Treadwell

    I applaud your recent creation of the White House Council on Women and Girls to help ensure we are treated equally in public policies, by employers and in every other aspect of American society. I must also urge, however, that you place a similar emphasis on men and boys, particularly young men of color, who face some of the steepest hurdles in American society.

    The reasons cited in forming the new council are just -- throughout our nation's history women have often been treated as second-class citizens when it comes to earning a livelihood, climbing the corporate ladder and even exercising the delayed right to vote. Let us not forget that the Equal Rights Amendment was first drafted in 1923--and has yet to be ratified.

    To be sure, the new council will focus attention on continuing the progress that has been made through the decades as women have crashed through the glass ceiling.

    But I would argue that young men of color face even more daunting circumstances. Young men of color face challenges ranging from a justice system that disproportionately incarcerates them to media and entertainment industries quick to portray them as worthless, violent and criminal. Even before the recession, our young men of color faced a bleak job market where discrimination, globalization and structural change made it difficult for them to find good jobs and succeed in life. With the nation's economy in a tailspin, the unemployment of young men of color has been spiraling out of control.

    Consider this sampling of data:

    * High school graduation rates for males of color--African Americans (42.8 percent), Native American/Alaska Natives (47 percent) and Hispanics (48 percent)--are far lower than for whites (70.8 percent).
    * Minority youths are disproportionately in the juvenile justice system: African Americans (1,004 per 100,000), American Indians (632 per 100,000) and Latinos (485 per 100,000) compared with whites (212 per 100,000).
    * More than 29 percent of African-American boys who are 15-years-old today are likely to go to prison at some point in their lives, compared with 4.4 percent of white boys the same age.
    * The mortality rate from homicide for African-American boys ages 15-17 is 34.4 per 100,000, compared with 2.4 per 100,000 for non-Hispanic white boys.

    Click to read more from Dr. Treadwell and other Black scholars.

    Why Did Barack Obama Choose to work with Lawrence Summers? We’re Not Quite Sure

    Frank Rich, The New York Times

    "I am pronouncing the depression over!" declared CNBC's irrepressible Jim Cramer on April 2. The next day the unemployment rate, already at the highest level in 25 years, jumped yet again, but Cramer wasn't thinking about the 663,000 jobs that disappeared in March. He was thinking about the market. Mad money. Fast money. Big money. The Dow, after all, has rallied in the weeks since Timothy Geithner announced his bank bailout 2.0. Par-tay! On Wednesday, Cramer rang the opening bell at the New York Stock Exchange, in celebration of the 1,000th broadcast of his nightly stock-tip jamboree.

    Given Cramer's track record on those tips, there's no reason to believe he's right this time. But for the sake of argument, let's say he is. (And let's hope he is.) The question then arises: What, if anything, have we learned from this decade's man-made economic disaster? It wasn't just trillions of dollars of wealth that went poof in the bubble. Certain American values also crumbled and vanished. Making quick killings by reckless gambling in the markets - rather than by investing long-term in new products, innovations, technologies or services that might grow and benefit America and the world - became the holy grail in the upper echelons of finance.

    Click to read.

    Texas Governor Rick Perry: Obama May Make us Secede from the Union

    Per the New York Post, "Tens of thousands of protesters -- some dressed in colonial wigs with tea bags hanging from their eyeglasses -- staged boisterous protests modeled after the Boston Tea Party all around the country yesterday, rallying against financial bailouts and the Obama administration's tax and spending plans."
    “The hundreds of grassroots events staged around the nation to protest America's tax burden showcased successful efforts by conservatives to mobilize thousands of participants via Facebook, Twitter and other social media outlets. Liberals once dominated that realm,” the Washington Times adds.

    The New York Times: “It was hard to determine from the moderate turnout just how effective the parties would be. In Philadelphia, a rally in Center City drew about 200 rain-soaked participants… In Pensacola, Fla., about 500 protesters lined a busy street, some waving ‘Don’t Tread on Me’ flags and carrying signs reading ‘Got Pork?’ and ‘D.C.: District of Corruption.’ In Austin, Tex., Gov. Rick Perry energized a crowd of about 1,000 by accusing the Obama administration of restricting states’ rights and vaguely suggesting that Texas might want to secede from the union.”

    The AP has more on what Perry said. “Later, answering news reporters' questions, Perry suggested Texans might at some point get so fed up they would want to secede from the union, though he said he sees no reason why Texas should do that. ‘There's a lot of different scenarios,’ Perry said. ‘We've got a great union. There's absolutely no reason to dissolve it. But if Washington continues to thumb their nose at the American people, you know, who knows what might come out of that. But Texas is a very unique place, and we're a pretty independent lot to boot.’”

     

    Click to read.

    Black Political news: Drop in Black Male Drug incarcerations

    For the first time since the war on drugs became a national law enforcement obsession in the mid-1980s, the number of African-Americans in state prisons for drug offenses has declined, a criminal justice reform organization said.

    The number of whites in state prison for drugs rose 42.6 percent since 1999, while  blacks dropped 21.6 percent.

    The number of whites in state prison for drugs rose 42.6 percent since 1999, while blacks dropped 21.6 percent.

    A study released Tuesday by the Sentencing Project found a 21.6 percent drop in the number of blacks incarcerated for drug offenses, a decline of 31,000 people, from 1999 to 2005.

    The corresponding number of whites in state prisons for drug offenses rose 42.6 percent, or by more than 21,000 people, while the number of Hispanics was virtually unchanged, according to "The Changing Racial Dynamics of the War on Drugs."

    The study, authored by Executive Director Marc Mauer, found that the differences between black and white imprisonments for drug crimes are partly because of how police target suspects and court sentencing guidelines, which vary by state.

    Also, there has been a decrease in the use of crack cocaine in predominantly minority urban neighborhoods and an increase in methamphetamine abuse in many primarily white rural areas, Mauer said Wednesday.

    Click to read.

    Fed Chairman Bernanke Says Blacks Lack Financial Literacy

    American minorities need to "strengthen their financial literacy," Fed Chairman Ben Bernanke told students and faculty at Atlanta's historically black Morehouse College in Atlanta today.

    On a day when President Obama delivered an Economic Crisis 101 lecture to students and faculty at Georgetown University, Bernanke was doing the same thing in Atlanta.

    During an expansive Q-and-A session with Morehouse students after his speech, Bernanke was asked about the household wealth gap between whites and blacks in America.

    "It’s absolutely right the difference between minority and white wealth is very significant, and part of that is related to income levels where whites have a higher average income," Bernanke said. "But even if you control for income level, you find minorities have gathered less wealth."

     

    Click to read.

    Black Politics: Can Obama Help with Black Predatory Lending?

    After writing his commentary on the Rushcard issued by Russell Simmons, Dr. Boyce appears on BBC World News again to discuss the card, predatory lending and whether Simmons is doing a good or bad thing for the Black community.

    He also speaks on whether the Obama Administration can step in to improve access to basic services for the Black banking community.

    Dr Watkins is one of the world’s leading financial experts and a Finance Professor at Syracuse University and also a financial writer for America Online.   For more information, visit www.BoyceWatkins.com. Click the image to listen!

    Tuesday, April 14, 2009

    Somalia “Pirates” Get a TV Show

    Reality TV knows no bounds. The day after Navy snipers took out three Somali pirates is the perfect time, it seems, for Spike TV to announce a new reality show — Pirate Hunters, USN. The US Navy will allow cameras on board two warships as they track down pirates off the coast of Africa.

    The show’s producers are rooting for more violent confrontations:

    “By all accounts it will get worse, pirates will get more deadly and certainly the Navy will try to counter that,” said Rasha Drachkovitch, president of 44 Blue Productions.

    “We are thrilled to be front and center with the Navy on such an important mission,” says Sharon Levy, senior vice president, original series for Spike, announcing the pilot. “The access we have will really give our viewers the kind of heart-stopping action they have come to expect from Spike programming.”

     

    Click to read.

    Puppies and Politics

    The First Dog made his debut on the South Lawn of the White House Tuesday afternoon before at least 60 members of the press.

    "Here he is," President Obama said as he and his family walked out of the house.

    "I've finally got a friend; it took some time," the president joked at one point when a reporter made a reference to President Harry Truman's famous advice that "if you want a friend in Washington, get a dog."

    Bo Obama, a Portuguese water dog, frolicked with his new owners before a herd of cameras and scribes, before the president, first lady and the Obama daughters took him for a walk down the hill toward the fountain and the first lady's new garden.

    "He's a star; he's got star quality," Obama said. "He's a rock star."

    The long-awaited and much-talked-about arrival of Bo, perhaps the most famous dog in America, fulfilled a promise Obama made to his daughters during the election.

    "That's a good-looking dog," the president added. "The only concern we have is apparently Portuguese water dogs like tomatoes. Michelle's garden is in danger."

     

    Click to read.

    Monday, April 13, 2009

    Zimbabwe Will No Longer Use its own currency

    Photo

    Zimbabwe will not use its own local currency for at least a year, a state newspaper reported on Sunday, while it tries to repair an economy which critics say was destroyed by President Robert Mugabe.

    The southern African state has allowed the use of multiple foreign currencies since January to stem hyperinflation which had rocketed to over 230 million percent and left the Zimbabwe dollar almost worthless.

    The state-controlled Sunday Mail said the unity government of Mugabe and opposition leader Morgan Tsvangirai decided the Zimbabwe dollar should only be reintroduced when industrial output reaches about 60 percent of capacity from the current 20 percent average.

    "The Zimbabwe dollar will be out for at least a year. We resolved that there will be no immediate plans to (re)introduce the money because there is nothing to support and hold its value," the newspaper quoted Economic Planning and Development Minister Elton Mangoma as saying.

    Click to read.

    More on the Somalia Situation

    The rescue of an American ship captain held at gunpoint in a daring operation that left three pirates dead and ended a five-day standoff drew threats of retaliation from angry pirates Monday.

    Those threats raised fears for the safety of some 230 foreign sailors still held hostage in more than a dozen ships anchored off the coast of lawless Somalia.

    "From now on, if we capture foreign ships and their respective countries try to attack us, we will kill them (the hostages)," Jamac Habeb, a 30-year-old pirate, said from one of Somalia's piracy hubs, Eyl. "(U.S. forces have) become our No. 1 enemy."

    A Mogadishu airport staff member said mortar shells were fired toward the airport as a plane carrying U.S. Rep. Donald Payne, D-N.J., took off safely from the Somali capital on Monday.

     

    Click to read.