Category: Business Exchange
Obama & Black Business?
Black Press Business/Economic Feature Week of November 2, 2008 BUSINESS EXCHANGE By William Reed In the September 2008 issue of EBONY Magazine, Johnson Publishing’s boss broke from company tradition and endorsed Barack Obama for President of America. Chicago-based Linda Rice Johnson carries a lot of clout. She heads the world’s largest African-American-owned and-operated publishing company. [...]
The Black Middle Class Mantra: Let Them Eat Cake
America owes a debt of justice which it has only begun to pay. MLK – Where Do We Go from Here: Chaos or Community? The question about African Americans’ “empowerment” is not as much about our political clout as it is whether or not we are better off economically than we were when Martin Luther [...]
The Rich, The Wealthy, & “The Others”
In case you are not one, and didn’t know any, the world’s richest got even richer last year. Even as world financial markets broke down last year, personal wealth around the world grew 5 percent to $109.5 trillion. It was the sixth consecutive year of wealth expansion around the planet. The fastest growth rate was [...]
When Will We Play the Race Card?
America owes a debt of justice which it has only begun to pay. MLK – Where Do We Go from Here: Chaos or Community? The question about African Americans’ “empowerment” is not as much about our political clout as it is whether or not we are better off economically than we were when Martin Luther [...]
HOW TO MAKE MONEY IN YOUR OWN TOWN
“That’s a bet,” say tens of millions of Americans every day. Let’s fact it, gambling is a reality around the world and growing in America among people who have the desire and money for it. It’s time that African Americans do something transformative toward generating more economics where we live with more of us owning [...]
CAR COMPANIES COP CONGRESSIONAL LOANS
These days, 11-figure expenditures barely attract notice. While Congress was grappling with the 12-figure $700 bailout plan for the financial industry, the powerful Michigan delegation got House approval for $25 billion in loans for the troubled U.S. auto industry. Lawmakers that pushed for the legislation hailed it as key to saving thousands of jobs in [...]
WHAT OF UNCLE CHARLIE’S WAYS AND MEANS?
What if the nation’s most powerful African American politician had to step down from his high government post simply because of slovenly behavior? African American political icon, 76-year-old Charles Bernard Rangel is in hot water regarding his Chairmanship of the U.S. House of Representatives’ Committee of Ways and Means. Harlem’s Congressman heads the 110th Congress’ [...]
EMPOWERING A BLACK LEGACY
When it comes to racial justice, isn’t it true that most “white liberals” talk a better game than they place? The conscious of white America on the issue of racial justice is in question. But at Georgetown College, an overwhelmingly white campus in Kentucky, President William Crouch has set the bar on ways to transcend [...]
OH, NO THEY DIDN’T!
Former Colonial Power Pays Africans Reparations Under Col. Muammar Gaddafi’s prolonged and persistent pressure for justice, Libya became the first African country to receive apologies and compensation from a former colonial power. Italian Prime Minister Silvio Berlusconi recently apologized to the North African country for damage Italy inflicted during 40 years of colonial rule [...]
IS MARCUS GARVEY CHALLENING THROUGH BOB JOHNSON?
As African activists celebrated Marcus Garvey’s 121st birthday, Black Entertainment Television founder-turned-billionaire developer Robert Johnson was building a four-star, beachfront resort to open March 2009 near the Liberian capitol of Monrovia. Most African Americans know little of Liberia. Located on Africa’s west coast, Liberia’s name denotes “liberty” as a result of Black Americans’ colonization in [...]
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