Wednesday, July 6, 2011
Thursday, June 23, 2011
Monday, May 23, 2011
Nene and Star Go at it in the Finale for Celebrity Apprentice
Tonight’s the big showdown – wonder who’s going to get the last punch?
Monday, May 9, 2011
Sunday, May 8, 2011
Huffington Post: Black Unemployment and the Great Black Disconnect for Obama
Dr. Boyce Watkins
Professor, Syracuse University
Posted: 05/ 8/11 03:51 PM ET
President Obama has a problem, a very serious one. The president's problem is what I would call "The Great Black Disconnect." This divide is the place where black America's love and appreciation for the Obamas disconnects from the intense economic suffering of the African American community. Like a festering and infected wound that remains untreated, President Obama's support within the black community is threatened by the fact that the people who love him most are suffering unlike anything our nation has seen over the last 50 years.
This week, the Bureau of Labor Statistics released its unemployment numbers for the month of April. The figures were consistent with the jobless recovery that has taken good care of Wall Street, but created homelessness on Main Street. The national unemployment rate grew from 8.8 percent to 9 percent, which will surely perpetuate President Obama's somber ratings on economic performance.
Saturday, May 7, 2011
Dr. Boyce: Oprah Fires her CEO, So What’s Next?
Oprah Winfrey has fired the CEO of her network. Is this a sign of desperation?
Friday, May 6, 2011
“Birthers” Replaced by “Deathers”: Don’t Believe Bin Laden is Really Dead
by Brook Griffin, Your Black World
Last week, when President Barack Obama released his long-form birth certificate, he silenced many of the critics, birthers, who didn’t believe that he was born in the United States. Now, the birth certificate controversy has been replaced by another one: whether or not Osama Bin Laden is actually dead.
“Jumping the Broom”: Just a Classier Version of Madea
"Jumping the Broom" is like a Tyler Perry movie with polish.
The ensemble comedy is about a wedding involving a bride from a family of wealthy African-American professionals and a groom from a family of working-class Brooklynites. It is well-cast, well-played and passably written.
Thursday, May 5, 2011
Study: Minorities Still Locked Out of Most Institutions
by Dr. Boyce Watkins, YourBlackWorld.com, Scholarship in Action
I took a look at an ABC News picture of President Barack Obama sitting in a Situation Room with lead advisers watching the assassination of Obama bin Laden. Everyone had a tense look on their face, as 10 years of hard work suddenly came down to the wire. I couldn’t help but notice, as I scanned all the faces across the room, that there were only two women present (Hillary Clinton and another woman in the back), and one bi-racial black man (President Obama). Every other person in the room was a white male.
What startles me the most is that millions of other Americans can look at this picture and see absolutely nothing wrong with it. The “white guy’s club” has always been the status quo in leadership positions.
Monday, May 2, 2011
How are Black Women Affected by Not Having a Father in the Home?
In the conversation below, I interview Squeaky Moore and Ashley Shaunte, two aspiring filmmakers who’ve been able to make fatherless homes into a viral topic on the Internet. Their short public service video on the topic has drawn hundreds of thousands of viewers, primarily because the idea of being without a dad has such a profound emotional impact on us all.
Sunday, May 1, 2011
Black Unemployment More than Double Whites for Michigan Residents
Your Black World reports
A recent report by the Economic Policy Institute has revealed that the economic situation for African Americans is disproportionately bad for the state of Michigan. According to the report, African Americans in Michigan have had an unemployment rate above 20 percent for every quarter since the start of 2009. Their 2010 annual unemployment rate was 23.4%. White Michigan residents currently enjoy an unemployment rate of only 9.5% for last quarter.
The conditions are so bad that the lowest black unemployment rate since 2008 (12.2%) is only slightly lower than the highest unemployment conditions experienced by whites in Michigan (12.7%). So, their terrible times are our good times and our horrible times don’t get attention from political leaders whatsoever.
Perhaps we don’t live in a post-racial America after all, since the unemployment picture is clearly different for blacks and whites.
Please join the Your Black World Coalition by visiting YourBlackWorld.com
Saturday, April 30, 2011
Friday, April 29, 2011
Black Americans Not Getting Good Financial Advice
by TEWire
Special to the Trice Edney News Wire from the Afro American Newspapers
Originally posted 4/27/2011
Only two out of every 10 African-Americans are on a path to achieve their retirement goals, according to a six-month-old survey of Blacks conducted by a major wealth manager.
Thursday, April 28, 2011
Oil Companies are Making Less Gas but Much Higher Profits
Gasoline prices are skyrocketing — and so are oil company profits.
Exxon Mobil Corp. earned nearly $11 billion in the first three months of the year, a rollicking 69% increase over its performance for the same period last year. That's on sales of $114 billion.
It's the same story for the other big oil companies. Royal Dutch Shell turned a profit of $6.3 billion in the first quarter, and BP — despite lingering costs from the Gulf Coast oil spill— made $7.1 billion.
Monday, April 25, 2011
Saturday, April 23, 2011
Black Family Wealth Has Virtually Disappeared
by Dr. Boyce Watkins – YourBlackWorld.com
The first decade of the new millennium brought a lot of things that the world didn't expect: the ability to order a pizza on your home computer, cell phones that allow you to talk to your friends face-to-face, and our nation's first black president.
One other unexpected event of the last decade is the disappearance of a century's worth of progress in reducing the wealth gap between black and white Americans. AsRex Nutting at Market Watch so accurately notes, wealth levels of the black family in America have declined dramatically during the past decade, and they show no evidence of getting better any time soon.
According to Nutting, "In a country where access to capital is everything, most blacks have nothing."
First, Nutting mentions that African Americans have the highest unemployment rates in the country, which stand at an average of 16.5%, compared to 9% for whites. What is most daunting is that soaring black joblessness, combined with higher foreclosure rates, bankruptcies, and declining home values have seriously cut into the wealth of the black family in America. in other words, we are the first to lose our jobs, have the least wealth to protect our families when times are tough, and a greater reliance on declining home equity as a source of economic security. This economy has provided the perfect storm of black economic destruction.
According to Nutting, the median net worth for black households dropped from $9,300 in 2007 to $2,200 in 2009, much lower than the median wealth of $98,000 for white households. He also mentions that incomes dropped in black homes by 7.2% between 2007 and 2009, much greater than the 4.2% decline for white families.
Nutting's article reminds us that the United States has a long way to go when it comes to wealth distribution. Over 80% of the nation's wealth is controlled by just 20% of its citizens, and the richest 1% of Americans controls one-third of the nation's wealth. Roughly 40% of Americans have no wealth at all. African Americans are disproportionately represented in the group of Americans with zero or negative wealth, which is a problem that most of our elected officials are inclined to ignore, and something that our nation's citizens don't spend much time getting upset about.
Nutting is correct to mention that most Americans have their wealth tied up in their home values. So, when home prices dropped so dramatically during the economic downturn, this led to the wealth of many black families disappearing as quickly as it had arrived. Most of the economic disparities in the United States don't exist because whites are more responsible with their money or possess economic intelligence that black people don't have. The primary reason for the gap is that for hundreds of years, African Americans added to our nation's net worth, but were not being properly compensated for it (similar to how the NCAA operates). Being left out of the growth of America's economic engine has kept African Americans at the bottom of the ladder of institutional opportunity: Our school systems are not well-funded, we can't find jobs because we don't own the businesses that take applications, and we continue to be utilized as for-profit commodities by the prison industrial complex.
According to Nutting's research regarding the Survey of Consumer Finances, black families were three times wealthier (in real terms) in 1983 than they were in 2009. As white families saw their net worth grow from $124,000 in 2001 to $143,600 in 2007, blacks actually saw their net worth drop from $12,500 to $9,300. By 2009, white families saw their wealth levels drop to $94,600, but African Americans's levels dropped even more to $2,200. So, between 2001 and 2009, African American families went from having a disgraceful one-tenth of the wealth of white families to an even more horrific ratio of one-fiftieth.
I am not sure how to process the Obama Administration's blind, deaf and dumb response to the persistent wealth and opportunity gaps in America that pertain to race. While the president continues to be popular among African Americans, I would encourage members of his administration to remember that leading with courage is an important part of making African American history (not just holding a fancy title that adds almost nothing more than symbolic value for the black community at large). Courage means sometimes doing things that are not popular and working to make America better.
Given that I haven't heard the president or his team use the words "black man," "black woman," or "black families" in public over the last two years, I am concerned as to whether or not our first black president has been or is willing to do much to fight on issues that matter to black people who didn't go to Harvard University. For example, it's interesting that President Obama would speak up for Henry Louis Gates in a meaningless and ambiguous scuffle with a police officer, but wouldn't say a word about Kelley Williams-Bolar, a black woman who was sent to jail for trying to get her kids into a good school. The latter case was far more significant in the fight against inequality, but Kelley's housing projects were apparently not close enough to Harvard Yard.
There is the added complication that perhaps, because of being a black man, President Obama could "get in trouble" with white voters for advocating on issues that matter to African Americans. This argument has been used by supporters of Hillary Clinton, who might be far less sheepish or self-conscious about advocating for women and minorities. I'm not sure if the Clinton supporters are correct, but the last two years have made many African American families wonder if it even matters who sits in the White House.
Dr. Boyce Watkins is the founder of the Your Black World Coalition. To have Dr. Boyce commentary delivered to your email, please click here.
Thursday, April 21, 2011
Would You Pay $50,000 to Meet Oprah Winfrey?
It turns out that Oprah Winfrey is partnering with CharityBuzz to auction off her quality time. The expected running price is going to be $50,000. Would you pay that much to meet with Oprah if you had the money?
The money is being raised for human rights and Oprah is auctioning off four tickets to her show in Chicago and the chance to meet her backstage. Perhaps since it’s for charity, it all makes sense.
Monday, April 18, 2011
Mo’Nique: Black Women Need to Learn to “Submit” to their Men
Dr. Boyce Watkins, Your Black World
Mo’Nique and her guests seem to think that black women work too hard to take control in their relationships. In the video below, Mo’Nique goes into what women need to do in order to keep a man happy in a relationship. Her disposition seems to imply that black women have been taught to be too independent and this leads to the breakdown of their relationships.
Monday, March 21, 2011
Dr. Boyce Spotlight: Black Female Entrepreneur Teaches Math to Make Her Money
by Dr. Boyce Watkins, Syracuse University – Scholarship in Action
What is your name, and what do you do?
My name is Stephanie Espy, and I'm the founder and president of MathSP (www.MathSP.com). MathSP is a math enrichment company that helps individuals to improve their math skills. Based in Atlanta, Georgia, MathSP provides instruction to middle school students, high school students, college students, adults who need additional math-based resources alongside their coursework, and students who need an added challenge beyond their coursework. MathSP also prepares individuals for the math section of various standardized tests such as the SAT or ACT, computer-adaptive exams such as the GMAT or GRE, and state exams such as the EOCT or GHSGT.
Sunday, March 20, 2011
Tyra Banks Heads to Harvard Business School
by Dr. Boyce Watkins, Syracuse University – Scholarship in Action
Media superstar and modeling-model Tyra Banks recently announced that she's headed to the Harvard Business School. While it's still not clear if she's getting an official degree (I assume its a short-term executive education course; I can't imagine someone with her experience and schedule taking too much time off for school), one has to be impressed with her decision to continue educating herself. Some might think that education is simply a thing you tolerate long enough to make money to support yourself. Nothing could be further from the truth, since learning should be a lifelong process.
"I started last summer and I didn't really talk about it. It was very incognito, my name and everything, but I decided to talk about it [now]. I think it's a positive thing, especially for girls to see that you can still continue to educate yourself and you can still be fabulous and fierce and celebrate your femininity," Tyra said to MTV News.