I’d like to know what my readers think about this. Should Black People be drawn to this movement? Should we consider Black unemployment rates and how many Blacks were affected by the housing crisis (Ponzi Scheme/Gambling in my opinion.) as motivation? Here are a few recent takes on it.
More African Americans Encouraged to Join Occupy Movement – Washington Informer
Occupy protesters eye diversity as movement grows – Boston Globe
Occupy Wall Street Is About African–Americans, Too – News One
What do you think?
Bonus Question: Is it just me or does the lack of Tea Party involvement or even a thumbs-up or two in the direction of the protesters make it seem even more as if they are the Party of the Rich and of Tax Loopholes? Oh my bad “Job Creators”. LOL! Don’t you love it when people try to reclaim and rename what is and has always been. No no, not slave owners…”Antebellum Job Creators”. Sad.
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Who: Dionne Warwick will host
When: Jan. 20; there will be two balls–the Legends Ball from 8:00 p.m. to 1:30 a.m. and the Urban Ball from 8:00 p.m. to 1:00 a.m.
Where: Wardman Park Marriott, 2660 Woodley Rd NW, Washington, D.C.
Tickets: Legends Ball $450; Urban Ball $350; both $650. See Web site for more information.
Why You Want to Attend: Star-studded cast: Co-hosted by gospel star Yolanda Adams the “Legends Ball” will feature performances by Rodney Atkins, George Clinton, Chaka Khan, Marvin Sapp, The Temptations (Dennis Edwards), Harold Melvin’s Blue Notes, Kirk Franklin, the H.B. Barnum Orchestra, The Caravans and Smokie Norful.
The “Urban Ball”, co-hosted by Big Boi of Outkast, will feature performances by T-Pain, David Banner, Athena Cage, Cedric The Entertainer, The Cheetah Girls, Fantasia, Lil Jon, Monica, Bella Steez and Bobby Valentino.
Presenters include Isaiah Washington, former NBA stars Jalen Rose, Kenny “The Jet” Smith and Reggie Miller, Tracey and Alonzo Mourning and current Washington Redskins defensive end Jason Taylor who recently appeared on ABC’s “Dancing with the Stars.”
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If I had 7 houses worth 14 million dollars, I would be well aware of that, AND be able to recite all of the addresses verbatim at a moment’s notice. But I’m in my early thirties, so that’s not so impressive. John McCain is over 70, so I expect that he would have a senior moment or two. He definitely had a senior moment on Wednesday.
“I think — I’ll have my staff get back to you,” McCain told two curious Politico reporters Wednesday.
The 15-acre ranch where McCain hosted members of his press corps this year holds six separate houses, so does that count as one home or six?
In Phoenix, the McCains’ primary residence is a nearly 7,000 square foot condominium worth about $4.66 million. The McCains purchased two condos in 2006 and knocked down some walls to create the massive space in a high-rise that features valet parking, a rooftop swimming pool, personal spa services and on-staff housekeepers, among other amenities. Source
The problem with this is that I don’t want him to forget important things like what he told the secretary of state to do while on an overseas trip. I don’t want him to forget the name of some diplomat’s wife and piss someone off. I don’t want him to start calling people in his cabinet by other people’s names. If you have older relatives who sometimes lose it (come on, you know what I mean) then you know that a senior moment at the wrong time can be disastrous. He was wide open on this one. Obama said…
“I guess if you think that being rich means you gotta make $5 million and if you don’t know how many houses you have, then it might not be surprising that you think the economy is fundamentally strong,” Obama said. “But if you’re like me and you’ve got one house, or you are like the millions of people who are struggling right now to keep up with their mortgage so they don’t lose their home, you might have a different perspective.” [Note: Republicans note that Obama has got a very expensive house. But at least he knows how many he has]
I remember being a kid in the Regan era and how people made fun of his senility or perceived forgetfulness. He was at the end of his presidency so, who really cared. I’m not interested in McCain coming in foggy and getting foggier with each year. That’s all I’m saying. I’m not in the mood for the White House to have to do a lot of explaining about public slip ups, falls down stairs, health problems, etc. There is a chance he could go 4 years without an incident…but I’m not willing to take that chance.
What do you think?
Today’s question: Are we (ie the U.S of A) in a Recession or a Depression? From good ole Wikipedia…
“A recession may involve simultaneous declines in coincident measures of overall economic activity such as employment, investment, and corporate profits. Recessions may be associated with falling prices (deflation), or, alternatively, sharply rising prices (inflation) in a process known as stagflation. A severe or long recession is referred to as an economic depression. Although the distinction between a recession and a depression is not clearly defined, it is often said that a decline in GDP of more than 10% constitutes a depression. A devastating breakdown of an economy (essentially, a severe depression, or hyperinflation, depending on the circumstances) is called economic collapse.”
“In economics, a depression is a term commonly used for a sustained downturn in the economy. It is more severe than a recession (which is seen as a normal downturn in the business cycle). Considered a rare but extreme form of recession, the start of a depression is characterized by unusual increases in unemployment, restriction of credit, shrinking output and investment, price deflation or hyperinflation, numerous bankruptcies, reduced amounts of trade and commerce, as well as violent currency devaluations. Unlike a recession, there is no official definition for a depression, even though some have been proposed. Generally it is marked by a substantial and sustained shortfall of the ability to purchase goods relative to the amount that could be produced given current resources and technology (potential output). One could say that while a recession refers to the economy “falling down,” a depression is a matter of “not being able to get up.””
Keep it real, Dollar Bill.
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The LA Times is reporting that shortly before Christmas 2002, Ray Charles called a meeting of his 12 children at a hotel near Los Angeles International Airport. Ten of them, ranging in age from 16 to 50 — with 10 mothers among them — listened as their father told them he was mortally ill and outlined what they could expect from his fortune. Most of Charles’ assets would be left to his charitable foundation. But $500,000 had been placed in trusts for each of the children to be paid out over the next five years, according to people at the meeting and a trust document.
Yet Charles’ description left so much to the imagination that some of the children came away with the impression that he meant to leave them $1 million each. Charles also hinted that there would be more for them “down the line,” which some interpreted to mean they would inherit the right to license his name and likeness for profit.
The confusion and contention that resulted from that family gathering, the only time so many of the children met with their father as a group, helps explain what has happened since. Charles exercised iron control over his music and recordings, but his legacy is in disarray, knotted up in legal disputes between the estate’s management and his family members, according to interviews, court documents and correspondence from the California attorney general’s office.
Charles died at 73 in Beverly Hills on June 10, 2004, after a long battle with cancer. In lawsuits filed against Charles’ former manager, several of his children have asserted that their father’s legacy has been mishandled by the manager and others associated with Ray Charles Enterprises, which holds the rights to his music, and the Ray Charles Foundation.
At issue are not only money and the family’s standing but also the fate of thousands of musical recordings, videotapes and other artifacts produced during Charles’ long career. Professional estimates place the value of Charles’ original masters at about $25 million — on top of the $50 million he held in securities, real estate and other assets.
Charles’ children are hoping to win control of the marketing of their father’s name and image, and a greater voice in foundation affairs.
“No one is as committed to RC as his family,” said Mary Anne Den Bok, an attorney who is the mother of Charles’ youngest child, Corey Robinson Den Bok. Continue reading
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MSNBC will be airing a documentary about David Wilson, an African-American journalist whose research brought him to North Carolina to meet a descendant of his ancestors’ slave master. This will be airing Friday, April 11th at 9PM. You can’t get more direct than this if you want to talk about race relations in this country. I can’t wait to watch this. Tell us what you think.
Jailed quarterback Michael Vick can keep all but US$3.75 million of the nearly $20 million in bonus money he received from the Atlanta Falcons following a ruling Monday by a federal judge.
The Falcons sought to recover the bonuses after Vick pleaded guilty to federal charges in a dogfighting operation. The bonuses were paid from 2004-07.
A special master ruled in October the Falcons were entitled to recover the bonuses. The Falcons argued Vick used proceeds from a contract he signed in 2004 to finance his illicit activities.
But U.S. District Judge David Doty of Minneapolis ruled that recovery of most of the bonus money by the Falcons would violate the NFL collective bargaining agreement.
The agreement does not allow roster bonus money to be forfeited once it’s been earned, the judge wrote.
The NFL criticized Doty’s ruling. The league has suspended Vick indefinitely without pay.
Source: Sudbury Star
CNN.com is reporting that U.S. taxpayers may get hundreds of dollars from the federal government under a plan to stimulate the economy.
“Tens of millions Americans will have a check in the mail,” House Speaker Nancy Pelosi, D-California, said at a Capitol Hill news conference. “It is there to strengthen the middle class, to create jobs and to turn this economy around.”
House Minority Leader John Boehner, R-Ohio, said, “I’m looking for quick action in the House. I hope that the Senate will follow quickly so that we can put this money in the hands of middle-income Americans as soon as possible.”
Speaking a few minutes later at the White House, President Bush said the package will “boost our economy and encourage job creation.”
Sources on Capitol Hill and at the Treasury Department said the plan would send checks of $600 to individuals and $1,200 to couples who paid income tax and who filed jointly.
Yipee! I need that money…how bout you?