Showing posts with label african american money. Show all posts
Showing posts with label african american money. Show all posts

Saturday, July 3, 2010

Dave Chappelle's Odd Behavior: How it's Destroying His Brand

by Dr. Boyce Watkins, AOL Black Voices

What's the deal with Dave Chappelle? According to TMZ, Chapelle was reportingly acting strange on a private jet, so much so that the jet had to make an emergency landing in Pittsburgh. Their source is stating that the flight was headed from New Jersey to Ohio and that Chappelle "freaked out" refusing to put on his seatbelt.

The source also says that Chappelle repeatedly walked into the cockpit, asking the pilot how much longer the flight would be, and even grabbed the pilot's arms. That is when it was allegedly determined that Chappelle was a safety risk, and the flight was grounded.
TMZ then claims that after landing, Chappelle checked into a hotel. However, sources at the hotel are claiming that Dave told the employees that he wanted to rent a car to go back to Ohio, but that he didn't remember where he lived.


I'm not sure what the deal is with Dave Chappelle, one of the most talented and privileged comedians in America. He had the world at his feet, with a hit show and a $50 million contract to do what he does best. It does appear, however, that there is something inside Chappelle that simply can't handle fame.

 

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Wednesday, June 23, 2010

Rick Ross Sued by the Real Ricky Ross

by Dr. Boyce Watkins

I never bought into the hype that Rick Ross was a fraud. Everyone seemed to feel that because he was found to have been a corrections officer in a previous life, that he somehow violated the oath which says that rappers have to be criminals in order to sell records. I don't know how true or false the rumors happen to be, but the fact is that I never cared.


However, when I found out that there is reason to believe that the rapper Rick Ross took his name from the notorious drug dealer "Freeway" Ricky Ross, I thought to myself, "This is just stupid. Why can't the brother just be himself?"

 

Click to read




Tuesday, June 22, 2010

Suge Knight, Single Mothers, Rev. Al, Obama and More - 6/22/10

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Suge Knight, Kanye West: Lawsuit, Guns and Money

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How Love and Money Mix and How You Can Do it the Right Way

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Black Single Mothers and Dating: What's It Really Like?

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Should Facebook Be Held Accountable for Murders by Members?

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Rev. Al Sharpton and Dr. Boyce Discuss the Plight of the Black Male

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Obama's Fatherhood.gov Commercial: Too Feminine for Black Men?

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BP Chooses a Black Man to Head its Claims Process

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Son of Dallas Police Chief Suspected in Killing a Cop




Sunday, May 9, 2010

Dr. Boyce Watkins: Black Unemployment for April Remains Incredibly High

by Dr. Boyce Watkins - The Institute for Black Public Policy

 

Persistently high black unemployment remains a problem here in the United States, as the latest report from the Bureau of Labor Statistics shows that African Americans have an unemployment rate of 16.5 percent, compared to 9 percent for white Americans. This rate remains the same as last month, even though the economy created 290,000 jobs during the month of April.
White unemployment rose slightly from last month's rate of 8.8 percent, but black unemployment is still over 80 percent higher than that of White Americans.
Black women saw their unemployment number rise to 13.7 percent from 12.4 percent last month. This number is 85 percent higher than the unemployment rate for white women, which is at 7.4 percent. Black males are at the bottom of the barrel, with an unemployment rate of 18 percent, which is 95 percent higher than that for white men.
Black teen unemployment also continues to be a problem. African American teenagers saw their unemployment rate drop from 41.1 percent to 37.3 percent. But this number is 58 percent higher than a white teen unemployment rate of 23.5 percent.
Some argue that President Obama and Congress must do something to help with the black unemployment situation. The Congressional Black Caucus is urging the passage of a $1.5 billion dollar jobs bill to reduce black teen unemployment in order to curb youth violence. Violence among teens tends to increase during the summer months, when kids are out of school.

 

Click to read




Saturday, May 8, 2010

Dr. Boyce Watkins' Articles on MSNBC's TheGrio.com



Consider this before crying "racial profiling"
America's retirement crisis: The perfect economic storm
Obama's financial regulatory reform risky but necessary
Obama's not good enough on black unemployment
Michael's $500m debt: lessons we can all learn
BET brainwashing our kids
Dumb kids create a bad economy
What Obama needs to do in Africa
Lessons from Sonia and Barack
Obama champions the middle class and his Harvard pal
Raising the minimum wage helps, doesn't hurt
Is racism fueling the 'birther movement'?
The most racially charged stories of 2009
Holder should stop patronizing black dads for political points
NCAA's educational mission is great scam of 21st century
Tiger Woods' rep slips from Obama to OJ
4 reasons Obama is losing the popularity contest
3 ways to find financial freedom as unemployment rate rises
Setting the record straight with Heather Ellis
Where is the outrage and action for Heather Ellis?
Cleveland murders are a product of our own values
Ownership is key to unlocking true freedom
Why we will march for Heather Ellis
Megan Williams' story is simply unbelievable
Heather Ellis' story tells us why the justice system is broken
What you can learn from Dr. King's family squabble
Blacks will fall in line with Obama on Afghanistan
Why Nike will just do it and sign Michael Vick
Can Ebony survive? 5 questions for black media in the digital age
A whole bunch of G-20 racket, but is anybody listening?
Race is Obama's Catch-22
U of Michigan's "optional" practices highlight need for reform
Stop hating on black female athletes
Race was never a factor in track star's gender query
It's clutch time and Obama needs to be like Mike
Teddy was a lion for civil rights
Cocktail of unethical behavior and incompetence killed MJ
Felix the Cat flap signals era of racial paranoia
The return of the prodigal quarterback
NCAA treating black athletes like second-class citizens
What we're dying to see in Obama's healthcare plan
When it comes to race, we could all use a drink



Thursday, April 29, 2010

Dr. Boyce Video on AOL Black Voices - 4/28/10

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Dr. Boyce Video: Latino Studies Professor on What You Need to Know About Immigration

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Dr. Boyce Video -- Michael Bivins of Bel Biv DeVoe & Alfred Edmond of Black Enterprise on African American Music & Business

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Dr. Boyce Video -- Talking Black Finance With Expert Ryan Mack




Saturday, April 24, 2010

Dr. Boyce Watkins: The NCAA Signs a Huge Deal and Players Get Almost Nothing

by Dr. Boyce Watkins

The NCAA just got a bit richer this year, signing a new contract with CBS Sports and Turner Sports for $10.8 billion dollars over 14 years. This contract is a 41% increase over the mammoth deal they originally signed back in 2001. They are also going to expand their tournament field to 68 teams, from the original 65. This is not the total annual revenue for the league. Instead, it simply represents the television rights to air March Madness each year.


The league also has a $55 million dollar, three-year contract with ESPN for the womens basketball tournament and 21 other NCAA championships. Beyond that, the league is also attempting to sell the rights to 60 other national national championships. To make a long story short, the NCAA is making money hand over fist and it's all because they have the biggest, baddest, most entertaining product that "hoods" across America can produce.


As a Finance scholar and businessman, when I hear that someone is working to "sell" something and get money in return, I think about free enterprise and capitalism. I think about the fact that someone (that someone being the NCAA) is working overtime to ensure that they get fair market value for the product they are offering to the world. These ideas of free enterprise also translate to college basketball coaches, many of whom earn as much as $4 million dollars per year, with salaries on par with NBA coaches. In fact, the NCAA earns more money during its post-season tournament than the NFL, NBA and Major League baseball. These are all the symptoms of a professional sports league, and some argue that college athletes should be paid for their work.

Click to read




Dr. Boyce on ABC News: Financial Questions You Should Ask Your Partner

by Dr. Boyce Watkins, Finance Professor - Syracuse University

As a Finance Professor, I find it incredibly ironic that many people get married without talking about money. They talk about every kind of compatibility from emotional, to spiritual, sexual, and professional, but they seldom take the time necessary to ensure that they can tolerate the idea of sharing their financial life with a person who may not be on the same page. This problem is compounded in black relationships, where many women describe economic hurdles as one of the reasons that black women have trouble finding the right mate.

 

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Monday, April 5, 2010

Black Leadership Forum Held in New York City on April 17

APRIL 14-17 SHERATON NEW YORK HOTEL & TOWERS, NYC

New York, New York – Rev. Al Sharpton and the National Action Network (NAN) will host its annual national conference from April 14th - 17th at the Sheraton New York Hotel and Towers in New York City. This four-day event will convene hundreds of delegates and prominent leaders in civil rights, business, politics, labor, entertainment and the religious community from around the country to address key issues impacting people of color. Among some of the confirmed notable participants are United States Secretary of Education Arne Duncan, Secretary of Health and Human Services Kathleen Sebelius, Secretary of Housing Shawn Donovan, Michael Steele, Chairman of The Republican National Party, Dr. Bill Cosby, Mariah Carey, Wyclef Jean, Ben Jealous, President of the NAACP, Marc Morial, President of the National Urban League, Tom Joyner, Roland Martin, Michael Eric Dyson, and many other high profile attendees.

Among the highlights will include the annual Keepers of the Dream Awards on Wednesday, April 15th honoring those who are committed to furthering the ideals and legacy of Dr. Martin Luther King, Jr. The event will be hosted by Tamron Hall, MSNBC and honorees include Wyclef Jean, humanitarian and world-renown musical artist, Jeff Zucker, President and CEO of NBC Universal, Mariah Carey, Award-Winning Actress and internationally acclaimed Singer, Dr. Robert M. Franklin, President of Morehouse College, Kimberly Davis, President of JPMorgan Chase Foundation and more. There will be a special keynote address by Dr. Bill Cosby.

The National Action Network convention will include discussions about health care policy in the wake of the historic passage of the President’s Health Care Reform Bill, Media and whether the press is covering issues fairly that involve people of color, education as a civil rights issue and combating the racial achievement gap, labor and employment, the state of the Black Church and assessment of the public response to African-American achievement, issues crucial to young professionals, and much more.

A major convention highlight will be leadership forum entitled: Measuring the Movement: Black Leadership’s 12-Month Action Plan featuring Black leaders of constituencies across the country who will assess where we are and what they and their respective organizations will pledge to do over a 12-month time-frame to further critical issues impacting people of color including, but not limited to, education reform, unemployment, health care and more. The event will air on TV One, MSNBC, C-Span and other forums, and the collective will discuss the real problems and how we will not only hold the President and Administration of the United States accountable, but how we will hold ourselves accountable and tangibly measure our movement over a 12-month period to enact change. The event will be hosted by Tom Joyner and Roland Martin and will be co- hosted by Boyce Watkins, Assistant Professor of Finance, Syracuse University and Warren Ballentine from "The Warren Ballentine Show." Among the featured panelists will be Reverend Al Sharpton, President, National Action Network, Marc Morial, CEO of the National Urban League, Congressman James Clyburn, Dr. Charles Ogletree, Harvard Law School professor, Dr. Elsie Scott, President and CEO, Congressional Black Caucus Foundation (CBCF), Jeff Johnson, BET Personality, Ben Jealous, President & CEO, NAACP, Michael Eric Dyson, recording artist Chuck D, Angela Sailor, Coalitions Director for the Republican National Committee, and others.

A complete schedule of NAN’s annual national convention is below and updates will be posted regularly on NAN’s website www.Nationalactionnetwork.net. For press credentials please contact Rachel Noerdlinger, President of Noerdlinger Media (646) 981-5903 or rachel@noerdlingermedia.com.

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Sunday, April 4, 2010

Dr. Boyce on AOL Black Voices - 4/4/10

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Tiger Woods Will Have 90 Bodyguards Protecting Him from Mistresses

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Kobe Bryant Signs 3-Year, $90 million dollar Contract Extension

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US Prisons More Racist than South Africa During Apartheid




Dr. Boyce Watkins: US Prison Racism has got to Stop

by Dr. Boyce Watkins, Syracuse University

Many people throughout the world believe that South Africa during apartheid was one of the most racist regimes in the history of the world. In that society, black people were clearly considered to be inferior to whites, and were denied equal access to education, medical care and basic public services. Even having sex with a person of another race was considered to be a criminal offense. Apartheid came to an end in 1994 under mounting international opposition, as the world argued that black peoplein South Africa were being subjected to an inhumane system that should not be tolerated by decent people everywhere. The United States was one of the countries that took the lead on the initiative to disband apartheid, passing the Comprehensive Anti-Apartheid Act of 1986, leading to sanctions against South Africa and demanding the release of political prisoner, Nelson Mandela.


It turns out that when it comes to our prison systems, the United States cannot claim the moral high ground that it once seemed to possess. According to data from the Prison Initiative, America incarcerates 5.8 times more black men per capita than South Africa did during apartheid. To add insult to injury, African Americans are roughly 6 times more likely to go to prison than whites, and black males are nearly 7 times more likely. These numbers are atrocious and an international embarrassment. It is about time that we did something about it.

 

Click to read




Thursday, April 1, 2010

Letter from Dr. Boyce Watkins - Let Felons Start Voting

Hello my friends,

I hope you'll try to join us for the Black Leadership Forum being held by the National Action Network in New York City from April 14 - 17 at the Sheraton Hotel & Towers.  I'll be on a panel with Rev. Al Sharpton, Judge Greg Mathis, Tom Joyner, Roland Martin, Ben Jealous, Charles Ogletree, Marc Morial and a few other very in­teresting people.  If you can't make it, then I'll try to get video for you.  In my new video podcast for AOL Black Voices (Called The Dr. Boyce Watkins Show), we'll cover some of the most intriguing events that take place at the forum and discuss the serious issues that affect our community.

One thing many of us have forgotten is that slavery and involuntary servitude were never fully abolished in the United States. Section 1 of the 13th amendment states that:

Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction.

In other words, we have a world in which it's OK to treat someone however we wish, as long as we've labeled them as a criminal.  This labeling can be arbitrary, since many have decided that African Americans deserve that label far more than others:  We are more likely to be arrested and convicted, even when we commit the same crimes, and we get longer sentences than whites.  Finally, once the inmate has paid their debt to society, they are kept out of society by being denied basic rights such as the right to vote or find a job.  I don't know about you, but I think this is WRONG, WRONG, WRONG.  No one in their right mind endorses criminal behav­ior, but I would argue that the punishment must fit the crime.  The data imply quite clearly that this is not the case, and that black families pay a disproportionate price for America's commitment to mass incarceration.

An important issue on which I'd love to have your support is the Democracy Restoration Act, a bill introduced by Russ Feingold and John Conyers.  The bill would give ex-convicts the right to vote.  As many of us know, the disenfranchisement of felons undermines the strength of the African American family, since many of these citi­zens are no longer able to vote, find jobs or re-integrate in a productive way.  This has got to end NOW.  I am asking that every person in our coalition spend 10 minutes or more writing, calling and/or emailing your con­gressman and asking them to support this bill.  If you send a letter, make sure you sign it.  If you send an email, include your name and address so they can be sure that you live in their district.  Follow-up your correspon­dence with a phone call.  I hope you will also consider forwarding this message to other concerned citi­zens.  You can find the contact information for your Congressman by clicking on this link.   Here is a link to find out more about the bill.  Finally, if you don't like to write, you can get a form letter by clicking here.
I spoke with Rev. Sharpton about the bill this week; he supports it and plans to make it part of the agenda at our Black Leadership Forum in New York on April 17.  I then spoke with the Chairwoman of the National Black Law Students Association, Ms. Melinda Hightower - I feel it is critical that young black attorneys become part of the struggle for equality in the justice system.  Finally, my recent conversation with Mary Washington, the National Executive Director of the Coffee Party Movement (a very strong counter to the Tea Party) was one in which I clearly predicated my involvement on their showing genuine support for issues that affect the black commu­nity.  We would really like your support and hope that you understand the importance of ensuring that ex-convicts have the right to become members of our society once they've paid their debt.  It is hard to maintain the integrity of the black family if the daddies and mamas who make mistakes are not able to make themselves into better Americans. In the American Revolution, they often cried, "No taxation without representation."  Well, there are millions of felons who pay taxes like the rest of us, so I would argue that they deserve the right to be represented in Congress and the White House.  Millions of African Americans are denied access to the Ameri­can dream because they've been convicted of a crime, and their children often pay the price.

If you wish to become actively involved as an organizer or have special skills, interest or resources that might be helpful to this cause, please reply to this message and I can have it forwarded to our Chief Organizer, Jazelle Reed.  We welcome anyone who'd like to help us to achieve this important objective and encourage everyone to get involved.  I take this issue personally because I've seen up close the devastation that incar­ceration has had on my own family (my father and older brother figure both went to prison), and I want this madness to stop.

Be well, stay strong, and be educated,

Dr. Boyce
BoyceWatkins.com




Tuesday, March 23, 2010

Dr. Boyce on AOL Black Voices - 3/23/10

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Tea Partiers Deny The Use of Racial Slurs

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Rush Limbaugh Back Pedals on Pledge to Leave the Country

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Michael Steele Looks Even Worse as a Black Man Defending Tea Partiers

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Police Officers Charged with Beating Celebrated with Free Beer

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Jesse Jackson Jr. Presides Over The Health Care Debate

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Young Mom's Body Found in Bed Frame of a Hotel Room




Monday, March 15, 2010

African American Social Commentary from TheGrio - 3/15/10


  • Dr. Boyce Watkins

    Dr. Boyce Watkins

    Author and Finance Professor at Syracuse University

    Democrats' crack-cocaine compromise is still 'racist'

    9:00 AM on 03/15/2010

    OPINION - While some might call this political pragmatism, others might describe this outcome as the modern-day version of the Three-Fifths Compromise...

    > MORE

  • Earl Ofari Hutchinson

    Earl Ofari Hutchinson

    Journalist, author and broadcaster.

    California police stop proves racial profiling is alive and well

    8:37 AM on 03/15/2010

    OPINION - In an address to a joint session of Congress in 2001, then President Bush blasted racial profiling, "It's wrong and we will end it in America." It hasn't...

    > MORE

  • Talia Whyte

    Talia Whyte

    Journalist & Activist

    Is the average single black woman really worth just $5?

    9:02 AM on 03/12/2010

    OPINION - If this disturbing new study doesn't prove once and for all that America isn't 'post-racial' I don't know what does...

    > MORE

  • Christopher Chambers

    Christopher Chambers

    Professor of Journalism at Georgetown University

    Prison shouldn't be a publicity stunt for Lil Wayne

    8:22 AM on 03/12/2010

    OPINION - If Lil Wayne regards his cell as an extension of his studio or his label's offices, he will suffer...

    > MORE

  • Dr. Boyce Watkins

    Dr. Boyce Watkins

    Author and Finance Professor at Syracuse University

    'March Madness' isn't amateur, it's big league exploitation

    8:17 AM on 03/12/2010

    OPINION - The amount of money made during March Madness exceeds that which is earned in the playoffs for the NFL, NBA or Major League Baseball...

    > MORE

  • Dr. Janet Taylor

    Dr. Janet Taylor

    Psychiatrist

    Too many Tigers, not enough Trojans

    7:05 AM on 03/12/2010

    OPINION - What's notable is reportedly not only did Woods not wear a condom, but his partner's didn't insist upon it...

    > MORE

  • Dr. Boyce Watkins

    Dr. Boyce Watkins

    Author and Finance Professor at Syracuse University

    Why African-Americans are more optimistic despite fewer jobs

    11:10 AM on 03/11/2010

    OPINION - A new study shows that blacks are more economically optimistic than whites, with 36 percent stating that we expect our financial future to improve...

    > MORE

  • Dr. Janet Taylor

    Dr. Janet Taylor

    Psychiatrist

    How black women can combat genital herpes crisis

    10:42 AM on 03/11/2010

    OPINION - According the Center for Disease Control nearly half of all African-American women are infected with the HSV-2 virus...

    > MORE

  • Marcus Vanderberg

    Marcus Vanderberg

    Sports and social commentator

    Torii Hunter is right about blacks in baseball

    8:57 AM on 03/11/2010

    OPINION - By associating Dominican players with blacks, it disguises the fact that MLB has a long way to go in competing with the NFL and NBA in urban communities...

    > MORE




  • Crack Disparity Law Should Have Been Changed More Effectively

    Democrats' crack-cocaine compromise is still 'racist'

    Dr. Boyce Watkins, Syracuse University

     

    When I was a teenager, a police officer explained to me how the "War on Drugs" took place in his hometown. The officer candidly described how every policeman in the city knew what boats contained drugs and when those boats would arrive in the city's major port. But he also knew that officers were not expected to show up on these boats to make arrests, and that they were not to deter the progress of the product when it hit the port. Instead, they were instructed to allow the drugs to get to the inner city, where they were given authorization to make as many arrests as necessary. In other words, his job was to arrest the small fish, not the big ones.


    The misleading, ill-conceived and terribly racist set of drug policies which defined the Reagan era has been absolutely devastating for the African-American community. The existence of gang warfare in South Central Los Angeles has left hundreds of thousands of youth with post-traumatic stress disorder, as the CIA was oblivious to the fact that drugs and guns were being openly delivered to a community that no one cares about. The Anti Drug Abuse Act of 1986 was the product of America's broad-stroke reaction to increased drug use of the 1980s. The law gave a sentence 100 times greater for possession of crack cocaine (more likely to be possessed by blacks) than the one given for powder cocaine (possessed in greater proportion by whites), creating a black incarceration rate of holocaust proportions.


    After sitting on the books for decades, the law was finally modified this year. Democratic Senator Dick Durbin and Republican Jeff Sessions did black people the "favor" of agreeing to reduce the sentencing disparity from 100-to-1 to 18-to-1. So, instead of getting a prison sentence that is 100 times longer for the same crime, we only get one that is 18 times longer. Gee thanks. I'm supposed to be happy about that one, huh? So, we're not good enough to demand true equality, and are instead forced to accept dysfunctional compromises with Republicans from Alabama? While some might call this political pragmatism, others might describe this outcome as the modern-day version of the Three-Fifths Compromise.

     

    Click to read




    Saturday, March 6, 2010

    U. Missouri Cotton Ball Racism Raises Questions

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    by Dr Boyce Watkins, Syracuse University


    One of my friends, Dr. Tommy Whittler, is a very talented and prominent Psychologist.  Dr. Whittler once told me that when he was training rats in the lab, he would sometimes become frustrated with the fact that the rats would not do what he believed he’d trained them to do.  His mentor would always correct him with a reminder that when the rats do things that deviate from his intended outcome, it was likely due to the fact that he may not have done his job properly.  His mentor would say to him, “There is no such thing as a dumb rat.  There are only dumb trainers.”  Dr. Whittler went on to become an outstanding scholar because he learned how to properly critique his own behavior.

    While human beings are certainly not lab rats, a similar analogy can be applied to college professors working with their students.  Sometimes, college students do things that disappoint us:  Some choose to drink till they puke every weekend and become lifelong alcoholics.  They might commit violent acts against each other, sometimes as a result of excessive alcohol consumption.  Some choose to engage in irresponsible sexual choices and end up with venereal diseases and unplanned pregnancies.  Also, they sometimes say or do things that are terribly ignorant, racist and insensitive.

    Read more by clicking the link below

    http://newsone.com/nation/boycewatkins/dr-boyce-some-u-missouri-students-want-us-picking-cotton/

     

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    Wednesday, March 3, 2010

    Dr Boyce Watkins: The NCAA is a Billion Dollar Sweatshop

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    by Dr. Boyce Watkins

    I was invited this week to speak to the Stanford University NAACP about whether or not college athletes should be paid.  When I am asked whether I think college athletes should be compensated for their labor, I simply respond to the question with another question:  “Why shouldn’t they get paid?  Did they not earn the money?  Is someone else earning money from their labor? Is the labor of the athlete essential to the revenue-generating process?”  Answers to these questions help us to understand how insane it is that athletes earn billions of dollars for coaches, but aren’t entitled to any of that money for themselves.  I’ve seen race horses get better deals than that.

    Click to read.

     

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    Saturday, February 27, 2010

    Dr. Boyce Watkins on AOL – 2/27/10

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    Tea Party Leader Calls Obama a "Half White Racist"

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    Rep. Charles Rangel of CBC to Be Admonished for Ethics Violations

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    Biggie Smalls Estate Sued for Not Releasing Video Footage

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    White Sorority Wins Step Competition, Then Told "Not Quite"