Your Black Money, Black Wealth, Black Enterprise

January 21, 2012

Black Woman Promoted as New Boss at Wal-Mart

Filed under: Uncategorized — Staff @ 4:39 am

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January 6, 2012

Dr. Boyce: Unemployment Data Improves, but Keeps Getting Worse for Black People

Filed under: Uncategorized — Staff @ 4:11 pm

black unemployment got worse last month

Black unemployment continues to worsen, even as America cheers for the latest economic data. 
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January 3, 2012

Rapper 50 Cent Signs Major Deal with Pepsi

Filed under: Uncategorized — Staff @ 1:45 pm

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December 30, 2011

Kanye and Jay Z Get Paid Nearly $3M apiece to Perform at a Sweet 16 Party

Filed under: Uncategorized — Staff @ 7:03 pm

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December 26, 2011

To All Black Leaders: Why You Need a Leadership Coach

Filed under: Uncategorized — Staff @ 4:33 pm

If you are a black leader on any level, you probably need a leadership coach. 
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December 25, 2011

Basketball Wife Evelyn Lozada Accused of Helping Baller Boyfriend Hide Money from Bankruptcy Courts

Filed under: Uncategorized — Staff @ 1:28 pm

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December 23, 2011

Dr. Boyce: What I’d Like to Get Black People for Christmas

Filed under: Uncategorized — Staff @ 3:36 pm


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December 19, 2011

The Money Mentor: Using the Game of Monopoly to Teach Your Kids about Money

Filed under: Uncategorized — Staff @ 3:19 am

lorillia brown-phillips teaches about building black wealth

Lorillia Brown-Phillips talks about teaching kids about money.
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December 17, 2011

Kobe Bryant’s Wife Files for Divorce: Will Split an Estimated $200M Fortune

Filed under: Uncategorized — Staff @ 1:08 am

kobe bryant's wife files for divorce

Kobe Bryant’s wife Vanessa has finally gotten tired of his cheating ways.  She’s filing for divorce and likely to experience the payday of a lifetime.
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December 10, 2011

Staying Cheerful During the Holidays, Even If You are Unemployed

Filed under: Uncategorized — Staff @ 5:02 pm


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December 8, 2011

Yvette Carnell: Should Fathers Be Allowed to Opt Out of Child Support?

Filed under: Uncategorized — Staff @ 12:27 am

Yvette Carnell asks whether men should have more reproductive rights. 

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December 7, 2011

Al Duncan: Should Michael Eric Dyson Be Teaching a Class on Jay-Z?

Filed under: Uncategorized — Staff @ 10:51 pm

Al Duncan asks whether Michael Eric Dyson Shoudl be offering a class on Jay-Z.
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Ryan Mack: A Poor Man’s Appeal to Black Corporate America

Filed under: Uncategorized — Staff @ 10:39 pm

Ryan Mack argues that black people should do more for the homeless and impoverished. 

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December 5, 2011

If a Woman Has the Right to Choose to Have a Child, Can the Man Choose Not to Pay?

Filed under: Uncategorized — Staff @ 2:35 pm

If a Woman Can Choose to Abort a Child, Can a Man Choose Not to Pay?   cost of raising children picture

Dr. Boyce Watkins and relationship therapist George James discuss the concept of the “Financial abortion.” 

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Dr. Boyce Watkins: It’s Time For Black People to Own Our Own “Stuff”

Filed under: Uncategorized — Staff @ 4:44 am

It’s Time for Black People to Own Our Own Stuff 384089 951128663754 38301732 40493320 82501434 n picture

Lawrence Watkins and Tre Baker from Ujamaa Deals are paving the way for a new paradigm of black economic thought. 
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December 4, 2011

Shocking: Black Unemployment Rises in Every Category, While White Unemployment Drops for All Demographics

Filed under: Uncategorized — Staff @ 6:06 pm

Black unemployment keeps rising, while white unemployment goes down in every single category. 

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December 2, 2011

Pay Ya Bills Dude: Soulja Boy Now Facing Eviction

Filed under: Uncategorized — Staff @ 3:54 pm

soulja boy facing eviction

It seems like a man who once said he was buying a private jet would be able to pay his rent.  Soulja Boy is now getting visits from the eviction fairy. 

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November 30, 2011

Comcast Being Sued for Racial Discrimination Against Black Employees and Customers

Filed under: Uncategorized — Staff @ 5:27 pm

Black employees say that Comcast treate their black customers and employees unfairly. 
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Tyler Perry Accused of Fueling His Empire with Drug Money

Filed under: Uncategorized — Staff @ 4:42 pm

New book claims that Tyler Perry was fueled by drug money

It appears that Tyler Perry has a few more enemies these days, but money tends to do that. 

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November 28, 2011

The Money Mentor: Protecting Your Wealth on Cyber Monday

Filed under: Uncategorized — Staff @ 3:11 pm

Saving money on cyber monday - the money mentor gives advice

The Money Mentor talks about how to protect your money when you shop online. 

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Ryan Mack Speaks on Cornel West, Tavis Smiley and the Less Talk, More Action Tour

Filed under: Uncategorized — Staff @ 3:01 pm

Ryan Mack has a lot to say about Cornel West, Tavis Smiley and the Less Talk, More Action Tour. 

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The Money Mentor: How Corporations Play with Your Mind at Christmas

Filed under: Uncategorized — Staff @ 4:54 am

The Money Mentor talks about black friday and cyber monday

Dr. Boyce Watkins and Lorillia Brown-Phillips, “The Money Mentor” discuss how Cyber Monday and Black Friday are meant to play with your heads. 

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November 25, 2011

Dr. Boyce: Re-Defining the Word “Black” in “Black Friday” – Time to Support OUR Businesses

Filed under: Uncategorized — Staff @ 6:20 am

 black scholar dr. Boyce watkins discusses buying black on black friday

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Poppin Bottles at the Club: How Black Men Go Broke by Over-Investing in their “Sexual Portfolio”

Filed under: Uncategorized — Staff @ 4:50 am

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November 22, 2011

Wesley Snipes Sued for Owing $30,000 to AMEX

Filed under: Uncategorized — Staff @ 4:49 pm

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Why It’s Hard for Black Leaders to Pay the Bills

Filed under: Uncategorized — Staff @ 3:47 pm


In this interview, Dr. Boyce Watkins speaks with Ryan Mack, the head of the Optimum Institute and Less Talk, More Action Empowerment Tour.  They discuss the difficulties of paying bills when doing community service, and Ryan even speaks candidly about why he believes he was banned from the Circle of Sisters event in New York City. 




The Less Talk, More Action Tour Wants to Partner with Your Organization

Filed under: Uncategorized — Staff @ 5:51 am

less talk, more action tour, ryan mack

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How Do You Go from South Central to Princeton? Just Ask Dominique Reese

Filed under: Uncategorized — Staff @ 4:52 am

Dominique Reese was the first student from Crenshaw High in Los Angeles to go to Princeton University.  When she found herself without her prestigious Wall Street job, she turned challenge into triumph and went on to start her own business. 

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November 20, 2011

What? The Cost of Raising a Child Just Rose to $226,000

Filed under: Uncategorized — Staff @ 2:55 pm

black children

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November 19, 2011

Ryan Mack: Russell Simmons Can Occupy Wall Street, But He Should Leave His Rush Card at Home

Filed under: Uncategorized — Staff @ 10:11 pm

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November 18, 2011

Dr. Boyce: Why I’m Happy for Cornel West

Filed under: Uncategorized — Staff @ 2:27 pm

boyce watkins talks about cornel west and black scholarship

Dr. Boyce Watkins discusses the work of fellow black scholar Cornel West among other issues. 

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November 16, 2011

Dr. Boyce: It’s Time for Black Scholars to Get Off the Academic Plantation

Filed under: Uncategorized — Staff @ 9:44 pm

Dr. Boyce Watkins discusses why black scholars must find a new paradigm for achievement and stop allowing their activities to be controlled by others. 

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Dr. Boyce: White House African American Policy Conference – Hype or Substance?

Filed under: Uncategorized — Staff @ 4:20 pm

african american policy conference at the white house

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November 15, 2011

Black Scholars Disappointed with Black in America 4

Filed under: Uncategorized — Staff @ 7:53 pm

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November 13, 2011

What are the Best Cities for Black Businesses?

Filed under: Uncategorized — Staff @ 10:30 pm


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November 12, 2011

Dr. Boyce: Why Black People Have Yet to be Free

Filed under: Uncategorized — Staff @ 2:56 pm

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Occupy Protests Erupt in Gunfire

Filed under: Uncategorized — Staff @ 2:48 pm


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Lil Wayne to Issue a Pre-Paid Credit Card

Filed under: Uncategorized — Staff @ 12:35 am

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November 9, 2011

Ujamaa Deals Wants to be the Black Groupon and Decrease Wealth Gap | Loop21



Loop 21 spotlights new tech start ups

Loop 21 takes a look at tech startups in light of CNN’s upcoming “Black in America 4: The New Promise Land” installment which will focus on eight African-American entrepreneurs in Silicon Valley. Debuting Sunday, November 13th, a preview of the documentary recently led to a twitter fight between tech writer and professor Vivek Wadwha and TechCrunch founder Michael Arrington, who proclaimed that “there’s zero race or sex bias in silicon valley.” Over the next five days, Loop 21 will spotlight new tech ventures created by African Americans that you won’t see on Black in America.

via Ujamaa Deals Wants to be the Black Groupon and Decrease Wealth Gap | Loop21.

November 8, 2011

Warrant Issued: Terrell Owens May Go to Jail for Child Support

Filed under: Uncategorized — Staff @ 1:40 am

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November 6, 2011

Lawrence Watkins Explains Ujamaa Deals–How We Can Help Others Buy Black

Filed under: Uncategorized — Staff @ 9:12 pm

To sign up for Ujamaa Deals for free, please follow this link.

November 4, 2011

Dr. Boyce: Black Unemployment Drops, but There Isn’t Much to Celebrate

Filed under: Uncategorized — Staff @ 11:18 pm

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Michael Jordan Selling His Stake in the Charlotte Bobcats

Filed under: Uncategorized — Staff @ 6:21 pm

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November 3, 2011

Oprah’s Network Keeps On Losing Money

Filed under: Uncategorized — Staff @ 6:59 pm

oprah winfrey's network continues losing money

Looks like Oprah had better get it in gear soon. Her network keeps on losing money. 

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How Unemployment Can Sometimes Be a Blessing

Filed under: Uncategorized — Staff @ 1:25 pm

Dr. Boyce Watkins interviews Dominique Reese, who turned unemployment into a chance of a lifetime. 

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Chuck D Files a Class Action Lawsuit Against Universal

Filed under: Uncategorized — Staff @ 1:05 pm

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November 2, 2011

Congressman Compares the NCAA to the Mafia

Filed under: Uncategorized — Staff @ 11:11 pm

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The Money Mentor: Millions Agree to Leave Big Banks on the Same Day

Filed under: Uncategorized — Staff @ 12:10 am

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November 1, 2011

Black Entrepreneurs Helps African Americans to Buy Black

Filed under: Uncategorized — Staff @ 9:30 pm

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Dr. Boyce: More Info on the Less Talk, More Action Economic Empowerment Tour

Filed under: Uncategorized — Staff @ 3:20 pm

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The Money Mentor: Pres. Obama Seeks to Help Those with Student Loans

Filed under: Uncategorized — Staff @ 1:03 pm

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Dr. Boyce: Soledad O’Brien, Michael Arrington and the Non-Existent Black Entrepreneur

Filed under: Uncategorized — Staff @ 12:29 am

Soledad O’Brien had a lot to say to Michael Arrington about the fact that he doesn’t believe that black entrepreneurs exist.  Dr. Boyce Watkins has a few things to say as well. 

click to read



October 31, 2011

Dr. Boyce and Dr. Christopher Emdin, Columbia University, Discuss the Flaws of Public Education

Filed under: Uncategorized — Staff @ 6:19 pm

Dr. Christopher Emdin discusses problems with the education system

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The Less Talk, More Action Tour Hits Detroit – Here’s the Itinerary

Filed under: Uncategorized — Staff @ 5:33 pm

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Tech Leader Says He Doesn’t Know of Any Black Entrepreneurs….Is He Racist?

Filed under: Uncategorized — Staff @ 4:45 am


Tech Crunch founder Michael Harrington said that he doesn’t know of a single black entrepreneur.  Dr. Boyce Watkins and Yvette Carnell ask whether or not he’s a racist. 

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Will Smith is Reportedly Demanding $50 Million to be in the Sequel to “Independence Day”

Filed under: Uncategorized — Staff @ 4:04 am

will smith wants $50 million for the Independence Day sequel

Embarrassing: Detroit Public Schools Don’t Have Enough Books for All the Kids

Filed under: Uncategorized — Staff @ 2:41 am

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James Brown’s Estate was $20 Million in Debt

Filed under: Uncategorized — Staff @ 1:30 am

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October 29, 2011

The Obama Campaign Has Lost Quite a Few Contributors Since 2008

Filed under: Uncategorized — Staff @ 4:18 pm

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Dr. Boyce: Does Prosperity Gospel Actually Work?

Filed under: Uncategorized — Staff @ 2:42 pm

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October 28, 2011

Dr. Boyce: Why Qualified Black People Simply Don’t Exist

Filed under: Uncategorized — Staff @ 6:30 pm

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Tech Crunch Founder Seems to Think that Black Entrepreneurs Don’t Exist

Filed under: Uncategorized — Staff @ 5:39 pm

Michael Arrington, founder of Tech Crunch Magazine, actually seems to think that black entrepreneurs don’t exist. 

click to read. 

Michael Jackson Tops the List of Richest Dead Celebrities

Filed under: Uncategorized — Staff @ 4:19 pm

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October 27, 2011

Ballin Out of Control…..African Prince Has $2 million Maserati and Private Jet Seized by the Feds

Filed under: Uncategorized — Staff @ 2:28 pm

Prof. Byron Price has a lot to say about the prison industrial complex and how to fix it. 

click to read 


Ballin Out of Control…..African Prince Has $2 million Maserati and Private Jet Seized by the Feds

Filed under: Uncategorized — Staff @ 2:14 pm

obiang cars

Did you know that Maserati’s can cost $2 million dollars?  This guy does.

click to read

October 25, 2011

NCAA Athletes Now Demanding to Be Paid Too

Filed under: Uncategorized — Staff @ 4:59 am

ncaa athletes sign petition demanding a piece of the financial pie

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Dr. Ron Daniels: Will Occupy Wall Street Become a Real Movement for Change?

Filed under: Uncategorized — Staff @ 12:53 am

Click to read



October 24, 2011

Ways to Jump Start Your Credit

Filed under: Uncategorized — Staff @ 1:37 am


In this video, Dr. Boyce Watkins speaks with Lorillia Brown-Phillips, a personal financial planning expert and author of the e-book, “Jump Start Your Credit.”  In the interview, they discuss first steps you can take to get your credit back on track.

click to read



October 22, 2011

Is the Occupy Wall Street Movement Racist? Bill O’Reilly Thinks So

Filed under: Uncategorized — Staff @ 10:42 pm

Bill O’Reilly and corporate-controlled media want to believe that the Occupy Wall Street Movement is as racist as the Tea Party. 


click to read




Nigerian Tribal King Files Billion Dollar Suit Against Dutch Shell Oil Company

Filed under: Uncategorized — Staff @ 9:05 pm

Quite a few Nigerians are angry with Dutch Shell for allegedly destroying their environment.  But the violations go even deeper than that. 
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October 21, 2011

Congregation Members Sue Bishop Eddie Long Over Failed Investment Scheme

Filed under: Uncategorized — Staff @ 4:22 pm

ephren taylor and bishop eddie long

Bishop Eddie Long and Ephren Taylor are getting pushback from members of the New Birth Missionary Baptist Church. 
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If She Insists on Having the Baby, Should a Man Be Able to get a Financial Abortion?

Filed under: Uncategorized — Staff @ 2:15 pm

kirsten west-savali discusses the financial abortion

Kirsten West-Savali at Your Black World makes some interesting points on this controversial topic. 
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October 20, 2011

MC Hammer is Planning to Launch a New Search Engine

Filed under: Uncategorized — Staff @ 4:22 pm

Looks like MC Hammer isn’t just sitting around these days. 
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Black Wealth Continues to Be Decimated During the Recession

Filed under: Uncategorized — Staff @ 2:19 pm

Black family wealth has dropped to levels that haven’t been seen since 1984. When is the bleeding going to stop? 
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Dr. Boyce: Bryant Gumbel Seeks to Liberate the NBA Plantation

Filed under: Uncategorized — Staff @ 2:33 am

dr boyce watkins discusses bryant gumbel's comment about nba commissioner david stern




Optimum Launches the “Less Talk, More Action Empowerment Tour”

Filed under: Uncategorized — Staff @ 1:29 am


*** Please Post and Publicize ***


For Information Contact:

Joy Farrington, Administrative Assistant to Ryan Mack

The Optimum Institute of Economic Empowerment, Inc.



Optimum Launches the “Less Talk…More Action” Economic Empowerment Tour Sponsored by George Soros Open Society Institute


On October 27th, 2011 in direct response to economic hardships faced by the Black and Hispanic communities as a result of a lagging economy, The Optimum Institute of Economic Empowerment (“OIEE”) will launch its economic empowerment tour entitled “Less Talk…More Action”.  While going through as many as 13 cities with the possibility of adding more, Ryan Mack (President of OIEE, Author, and National Media Commentator) has galvanized a dynamic team of world renowned experts to create tangible solutions to multifaceted economic hardships that continue to plague minority communities.   


The “Less Talk…More Action” Economic Empowerment Tour (“LTMA”), sponsored by the George Soros Open Society Institute, focuses on using financial literacy as a primary tool of empowerment for the Black community. However, LTMA has expanded the traditional definition of financial literacy to also include unemployment, incarceration, and education in the Black community. Credit repair, planning for retirement, budgeting, and other crucial/traditional measures of financial literacy all need to have a stronger presence if African Americans are to advance economically. However, high incarceration rates, low educational performance, and high unemployment rates are also severe problems of the Black community which continue to plague our bottom line.


Ryan Mack stated about the tour, “I grew weary talking about the problems in our communities. You hear forum after forum only discussing the stats of why we got here and complaints about what the President or the Government is not doing. LTMA tour isn’t about what any person is not doing us; it’s about what Black and Hispanic communities can do for ourselves.  No more paralysis of analysis…no more fancy sounding, empty rhetoric…no more ambiguous blanket statements which lack substance that are only meant to make people clap but leave them clueless as to the next tangible step to take. It is time for less talk and more action!”


The “Ambassadors of Action” joining the tour are as follows:


Ambassador of Financial Literacy – Manyell Akinfe, SVP of Optimum Capital Management, Creator of the Money Movement, and National Financial Commentator


Ambassador of Justice – Dr. Boyce Watkins, PHD in Finance, Financial Expert, Social Commentator, and Author


Ambassador of Employment – Andrew Morrison, Founder of Small Business Camp, Direct Marketing Consultant and Author


Ambassador of Education – Dr. Chris Emdin, PHD in Urban Education, Director of Secondary School Initiatives for Urban Science Education Center at Columbia University, and Author


Some of the tangible solutions to result from this tour are as follows:


  • Financial literacy workshops taught to hundreds of minorities in prisons, shelters, public housing residents, churches, unions, youth programs, and more through every city.
  • Town hall meetings which focus on highlighting the local experts doing the work on the ground in each city in the areas of financial literacy, education, employment, and incarceration.
  • 100 Black and Hispanic owned video testimonies on the “Less Talk…More Action”  site ( which will serve the purpose of highlighting businesses in the community worthy of support.
  • A “Train the Trainer” program which recruits at least 10 trainers in every city to use the curriculum to train others and ignite a movement of financial literacy discussions.
  • A “Money Movement” ( geared to merge financial literacy with popular culture while recruiting 1000s of urban residents in every city to take the “pledge” to be fiscally responsible.
  • A book “Never Going Back” which uses testimonies of experts from across the country to empower incarcerated and formerly incarcerated with the tools they need to integrate back into society.
  • A book “From Victim to Victory” which galvanizes Black financial experts from across the country to provide a tangible economic road map towards creating the next phase of the civil rights movement to be fought on an economic front.
  • A book “Dollars and Sense” filled with testimonies of educators across the country that have all achieved academic success despite harsh environments of the inner city neighborhoods. The purpose of this book will be to provide a tangible demonstration of best practices for other educators to follow as a model as well as inspire others to infuse financial literacy into their curriculum. 


About The Optimum Institute of Economic Empowerment


OIEE has a mission to create and implement tangible economic empowerment programs. As a change agent OIEE will develop and administer programs that will focus on teaching and increasing exposure to principles of financial literacy within communities of need.  Working individually and also in collaboration with other community constituents, OIEE believes that individuals, businesses and communities can be educated to understand and adhere to those financial principles which will serve as a solid foundation for future economic growth and sustainability.


October 19, 2011

Break Yo-self Fool: Woman Gets a $200,000 Cell Phone Bill

Filed under: Uncategorized — Staff @ 12:27 am

Woman gets a $200,000 cell phone bill

Sometimes, kids can just get on your last nerve.  This woman’s baby brothers put a hurting on her cell phone bill. 





Dr. Boyce and Ryan Mack Discuss the “Less Talk More Action Economic Empowerment Tour”

Filed under: Uncategorized — Staff @ 12:10 am

Dr. Boyce Watkins and Ryan Mack are into less talk, more action.  Check out what they have to say.

October 18, 2011

Will and Jada Just Bought the Philadelphia 76ers

Filed under: Uncategorized — Staff @ 11:59 pm

will and jada are part-owners of the philadelphia 76ers

Looks like this couple is always doing big things….way to go Will and Jada. 
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Worried about Going Over On Your Cell Phone Plans? There’s an App for That

Filed under: Uncategorized — Staff @ 11:49 pm

stephanie humphrey discusses a new app on your cell phone

Stephanie Humphrey talks about a new agreement where cell phone companies have to tell you when your minutes or data are going to be maxed out. 
CLICK TO READ Achieving Results by Overcoming Fear

Filed under: Uncategorized — Staff @ 3:23 pm


CLICK TO READ on Black Life Coaches 

Rev. Jesse Jackson Gets Into a Confrontation at The Occupy Wall Street Movement

Filed under: Uncategorized — Staff @ 1:16 pm

Jesse Jackson gets in the middle of things at Occupy Wall Street.

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October 17, 2011

175 Occupy Chicago Protesters Arrested

Filed under: Uncategorized — Staff @ 2:22 pm

occupy chicago protesters arrested

It looks like Occupy Wall Street has taken hold on the entire nation.  Over 175 people were arrested in Chicago. 

Dr. Julianne Malveaux: What Does Occupy Wall Street Want Anyway?

Filed under: Uncategorized — Staff @ 2:05 pm
julianne malveaux discusses the Occupy Wall Street Movement
Bennett College President Dr. Julianne Malveaux asks what the Occupy Wall Street protestors are actually trying to accomplish
click to read

Filed under: Uncategorized — Staff @ 1:40 pm

jesse jackson jr. says that president obama should directly hire the american people

Jesse Jackson Jr. has something to say about Congress being unwilling to pass President Obama’s Jobs Act.
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Where Would Dr. King Be If He Were Alive Today?

Filed under: Uncategorized — Staff @ 12:38 pm

Dr. Boyce Watkins asks: “If Dr. King were alive today, would he be occupying Wall Street or hanging out at a dedication ceremony sponsored by BP and Walmart?” 

Cornel West is Arrested in Protest

Filed under: Uncategorized — Staff @ 2:23 am


Your Black News Reports:

Critics insinuate that Princeton professor, Dr. Cornel West, is all talk, preaching from his Ivy League tower about the ills of the African-American community, while never getting his hands dirty.

Today, he got more than his hands dirty, he got them handcuffed when he was arrested in front the United States Supreme Court in Washington D.C.





October 10, 2011

Julianne Malveaux Discusses How One-In-Three Black People Aren’t Working

Filed under: Uncategorized — Staff @ 3:49 pm

julianne malveaux talks about black unemployment



October 6, 2011

How to Quit Your Job and Still Make a Living

Filed under: Uncategorized — Staff @ 1:10 pm

how to build black wealth


September 7, 2011

Economic Policy Expert Claud Anderson Writes Open Letter to President Obama

Filed under: Uncategorized — Staff @ 6:13 pm


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Valencia Roner: What Washington is Missing in the Jobs Conversation

Filed under: Uncategorized — Staff @ 2:35 am

valencia roner talks about black small business


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August 25, 2011

Morris Brown Officially Pays Off All Debts to the Federal Government

Filed under: Uncategorized — Staff @ 3:13 pm

by Shani K. Collins, Your Black World 

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Is President Obama Afraid to Discuss Black People? A Writer Compares Obama, Carter, Reagan

by Dr. Boyce Watkins, Your Black World


August 22, 2011

Hill Harper Breaks Down Money, Health and “True Wealth” In His New Book

Filed under: Uncategorized — Staff @ 7:24 pm

Hill Harper discusses new book


August 16, 2011

Fannie Mae, Freddie Mac Accused of Ruining Home Values in Detroit and Other Cities

Filed under: Uncategorized — Staff @ 10:15 pm

fannie mae, freddie mac, foreclosures, black wealth, black money

Continue reading →

August 15, 2011

Tre Baker: In Spite of Civil Rights, Black Wealth Keeps Sliding Backward – It’s Time for a New Approach

tre baker, black wealth, african american wealth

by Tre Baker

This article is going to be a bit lengthy, so those of you that won’t finish it all, let me get straight to the point.  If you care about improving the economic condition of Black people, I suggest you CLICK HERE and help Ujamaa Deals launch a revolutionary website that will solve the Black wealth gap and chronic unemployment within ONE generation (yeah, I said it)! Read further and check out the video below if you want to know how I can make such a claim.

Donate/Buy Sign Up

After wandering in the wilderness searching for political offices, integrated break rooms and boardrooms, and civil rights, we find ourselves in about the same economic position relative to whites as we did 30 years ago.  Black CEOs, executives, mayors, congress people, governors….ineffective.  The cause of this political impotence is fairly obvious to me, and I’m wondering why our so-called Black leaders aren’t talking about it more.  “It’s the economy, stupid.”


August 11, 2011

Duke Professor Sandy Darity Offers a Solution to the Employment Crisis

Filed under: Uncategorized — Staff @ 8:19 pm

william darity, duke university, black unemployment



August 10, 2011

President Obama: The US is Still a AAA-Rated Country

Filed under: Uncategorized — Staff @ 8:58 pm

black politics, barack obama, black news

Kirsten West Savali, Your Black World

In the wake of his perceived capitulation to the GOP, giving them “ninety-eight percent” of what they asked for in the debt-ceiling mis-deal, President Barack Obama is now calling for “political will” from both sides of the isle.

“We knew from the outset that a prolonged debate over the debt ceiling, a debate where the threat of default was used as a bargaining chip, could do enormous damage to our economy and the world’s,” he said in televised comments to reporters from The White House.

Read more »

Home Ownership Hits Lowest Levels Since 1965

Filed under: Uncategorized — Staff @ 1:35 pm

black wealth, african american wealth, home ownership

By JasmineHughes

According to a recent Morgan Stanley report, the United States is fast becoming a nation of renters. As the foreclosure crisis continues to gain momentum homeownership is reaching its lowest numbers in almost 5 decades.


The Congressional Black Caucus Tours the Nation to Try to Help People Find Jobs

Filed under: Uncategorized — Staff @ 12:56 am

congressional black caucus, cbc, black politics, african american politics

Nine hundred and thirty-one (931) days. Two years, six months, 20 days – give or take a few. That’s how much time has passed since President Barack H. Obama stepped into the White House Oval Office and took his seat at the Resolute desk as President of the United States, pen in hand.

August 2011 – the Congressional Black Caucus comes out of Washington, DC with a “Jobs Tour” to address the glaring and more than obvious jobs gap and wealth factors between the black and white communities. Problem is, the black community was already in a hard recession – losing jobs and homes by the thousands when he arrived – before most of white America ever felt the vibrations of the coming economic earthquake. But as the old saying goes: Better late than never.


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