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

Thursday, June 10, 2010

Black Scholars Kept From Getting Jobs at White Universities

by Dr. Boyce Watkins, Syracuse University

Dr. M. Cookie Newsom

is the Director for Diversity Education and Assessment at The University of North Carolina at Chapel Hill. She is also a trouble maker and an angry black woman, which is likely going to cause her serious problems with her colleagues (we talked yesterday about how being angry can get a black person into serious trouble). Dr. Newsom, however, has good reason to be angry. In a recent interview with Diverse issues in Higher Education, Dr. Newsom stated in plain language that most major universities are not serious about diversifying their faculty and that this hurts all students, especially students of color.
"The dismal truth is academe doesn’t really want a racially-diverse faculty," Newsom said during a faculty diversity presentation at the American Association of University Professors’ (AAUP) annual national conference in Washington, D.C. "It’s totally a myth."

Dr. Newson based her conclusions on statistics and data she collected which shows that most major universities are good at documenting plans to increase faculty diversity, but most of it’s nothing but lip service.

Click to read more.




Thursday, March 25, 2010

Dr. Boyce Watkins, Al Sharpton, Ben Jealous, Marc Morial and others Gather to Discuss Black Leadership in NYC

The event is set to take place in New York at the Sheraton Hotel and Towers from April 14 - 17.  The list of panelists is as follows:

Host: Tom Joyner- Host, "Tom Joyner Morning Show"
Moderator: Roland Martin, CNN/TV One analyst
Rev. Al Sharpton- President, National Action Network
Marc Morial- CEO, National Urban League
Ben Jealous- President & CEO, NAACP
Dr. Elsie Scott- President and CEO, Congressional Black Caucus Foundation (CBCF) in Washington, D.C.
Angela Sailor- Coalitions Director, Republican National Committee
Lezli Baskerville- - President & CEO, NAFEO- America's Black Colleges and Universities
Warren Ballentine- Host, "The Warren Ballentine Show"
Dr. Boyce Watkins- Assistant Professor, Finance- Syracuse University
Dr. Charles Ogletree- Professor, Harvard Law School
Jeff Johnson- BET Personality
Judge Greg Mathis - Television Show host
Chuck D - Recording artist




Monday, March 22, 2010

Michael Steele Bows to the Tea Baggers

by Dr. Boyce Watkins, Syracuse University

The Tea Party Protesters might need a little bit of brand management to overcome the growing perception that they represent a racist, homophobic, extremist fringe of disgruntled voters. The most recent incident of very bad PR came this week, as a small group of Tea Party protesters gathered on Capitol Hill and yelled "n*gger" and "f*ggot" at members of Congress as they walked past the crowd. The group has taken heat for the actions of those who don't know how to be cordial in their discourse, and it's not good for the Republican Party.


Republican National Committee Chairman Michael Steele was put in yet another awkward position, trying to defend that which is not defensible. A man who appears to be disrespected at every turn by his own party, Steel dismissed those using the n-word within the Tea Party group as "idiots out there saying stupid things." Of course, Steele was not in a position to dismiss the Tea Partiers themselves, likely because they would have put him in a pile with the other black people they hate the most.

Click to read




Friday, March 19, 2010

Dr. Boyce Watkins on TheGrio.com - 3/19/10


  • 11-year-old caught in the middle of health reform mudslinging

    11-year-old caught in the middle of health reform mudslinging

    By Dr. Boyce Watkins

    3:00 PM on 03/19/2010

    OPINION - Marcelas Owens' story can bring realism and relevance to a debate that has been about posturing, bickering and mid-term elections...

    > READ MORE

  • Presidential disrespect goes prime-time in Obama's Fox interview

    Presidential disrespect goes prime-time in Obama's Fox interview

    By Dr. Boyce Watkins

    11:22 AM on 03/18/2010

    OPINION - Republicans should realize that when they disrespect the presidency, they are disrespecting themselves...

    > READ MORE

  • Clarence Thomas' wife's Tea Party ties are supremely disturbing

    Clarence Thomas' wife's Tea Party ties are supremely disturbing

    By Dr. Boyce Watkins

    9:20 AM on 03/16/2010

    OPINION - When you sleep next to someone who openly states they want to undermine the president's "hard left agenda" you can hardly call yourself impartial...

    > READ MORE

  • Democrats' crack-cocaine compromise is still 'racist'

    Democrats' crack-cocaine compromise is still 'racist'

    By Dr. Boyce Watkins

    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...

    > READ MORE




  • Tuesday, March 9, 2010

    Dr. Boyce Watkins Talks about Urban Prep Academy

    by Dr. Boyce Watkins, Syracuse University

    There is one public, all-male, all-African American high school in the city of Chicago. That school is called The Urban Prep Academy for Young men, located in Englewood. The school recently got the attention of Mayor Richard Daley and Chicago Public Schools Chief Ron Huberman when they were able to get all of their 107 seniors accepted into 72 different colleges across the country.
    Huberman had this to say:
    "All of you in the senior class have shown that what matters is perseverance, what matters is focus, what matters is having a dream and following that dream."

    Click to read more




    Thursday, September 24, 2009

    Dr Boyce Watkins: Did BET Go Too Far with Skank Robbers?

    by Dr. Boyce Watkins

    Your Black World, Syracuse University, AOL Black Voices, TheGrio.com 

    During the BET Awards, Martin Lawrence and Jamie Foxx did a skit called "Skank Robbers," which you can watch below. Some have argued that the video goes over the top, producing stereotypical images of black women to the point of being offensive. Referring to them as "skanks" was enough to draw the ire of many African Americans, but there was also a point in the video in which the narrator says, "From the producers of 'Planet of the Apes'."


    This video leads to the following questions as it pertains to BET:1) Who's making the decisions? I'd love to see what thought process goes into deciding to make R. Kelly your keynote performer right after he is accused of creating child pornography, or having Lil Wayne sing about wanting to have sex with every girl in the world while underage girls are dancing on stage. I don't hate BET, and I've done a great deal of work with them in the past, but I would like very much for them to explain to the public exactly how they operate.

     

    Click to read more.

    If this link doesn’t work, then please click here.

    Wednesday, September 16, 2009

    Dr. Elaina George: What’s Wrong with Healthcare?

     

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    In this episode of Medicine on Call, Dr. Elaina George interviews Jason Rosenbaum from The Seminal, a healthcare publication.  What is wrong with healthcare?  What is the state of healthcare reform?  What are the goals for healthcare?   Why is it taking so long to fix?

     

    Click here to listen!

    Thursday, September 10, 2009

    Is Gender Testing about Race or Races?

    By Dr. Boyce Watkins

    MSNBC’s TheGrio.com

    6:20 PM on 09/10/2009

    Race was never a factor in track star's gender query

    by Dr. Boyce Watkins, Syracuse University 

    The world is now talking about Caster Semenya, the South African athlete who has been subjected to gender testing after dominating the field in the 800-meter run at the 2009 World Championships. Recent reports by the Daily Mail of London and the Sydney Morning Herald of Australia state that the test has revealed that Semenya "is a hermaphrodite with no womb or ovaries." Some have argued that Semenya was the target of the investigation because she is black, but I am not sure if I am on board with that presumption.

    If the reports are true, I am not surprised. Race issues to the side, I too found myself wondering if I was seeing things, as I watched Semenya thump her chest in victory and speak with a voice that could bring Barry White back from the grave. I was disturbed, but open-minded, for I considered Semenya's case to be an opportunity to explore cultural variations in gender perception.
    Another use of the word "race" applies when analyzing Semenya's time in her race of choice, the 800-meter run. Not only did this 18-year old come out of nowhere to run a time which instantly dominates the world's most highly trained 800 meter runners (1:55.45), but her time was nowhere near the world record (1:53.28), set by Jarmila Kratochvilova of Czechoslovakia in 1983. Like Semenya, Kratochvilova could easily be mistaken for a man.

    Click to read more.

    Thursday, September 3, 2009

    Dr Boyce Watkins Talks Money and Love on ABC News

    by Dr. Boyce Watkins, Syracuse University

    I recently appeared on ABC News to talk about Financial Lovemaking, and the link between sex and money. I've discussed relationships and money several times on AOL in the past, but I think that I should quickly lay out some very interesting similarities that may not have crossed your mind. As I teach my Personal Finance Class at Syracuse University this semester, I am reminded that managing our money is linked to managing our love, which is critical to the ultimate goal of effectively managing our lives.

    1) Many people think about both sex and money every single day. Don't lie, you know you enjoy thinking about sex, even if you aren't getting any. But chances are, you also think about money, whether it's figuring out how to get what you need or how to keep what you've got. Even most rappers spend all their time talking about either sex, money or how they use their money to get more sex. It's actually a universal concept.

    Click to read.

    Wednesday, August 26, 2009

    Your Black News: Dr. Wilmer Leon Analyzes Obama’s Position on Afghanistan

    image

    by Dr. Wilmer J. Leon III

    Under the pretext of responding to the September 11, 2001 attacks in America, the United and States and Great Britain invaded Afghanistan on October 7, 2001 under the banner of Operation Enduring Freedom. President Bush 41’ told the American people that the US strikes were,

    “…designed to disrupt the use of Afghanistan as a terrorist base of operations, and to attack the military capability of the Taliban regime…we will make it more difficult for the terror network to train new recruits and coordinate their evil plans. Initially, the terrorists may burrow deeper into caves and other entrenched hiding places…At the same time, the oppressed people of Afghanistan will know the generosity of America and our allies. As we strike military targets, we will also drop food, medicine and supplies to the starving and suffering men and women and children of Afghanistan… ”

    During the 2008 presidential campaign, candidate Obama promised to immediately withdraw troops from Iraq in order to bolster the forces in Afghanistan in order to defeat the Taliban and Al Qaeda. “It’s time to refocus our attention on the war we have to win in Afghanistan.”

    I believe that this tactic was taken by the Obama team in order to placate the anti-Iraq contingent of the American electorate on the left while not leaving himself vulnerable to the “soft on defense” hawkish argument on the right. As a campaign tactic this approach proved to be successful. In reality, this may prove to be one of the greatest miscalculations President Obama has made. The real question here becomes, what’s the best tactic to accomplish this end?

    Click to read.

    Dr Boyce Watkins: The Amazing Legacy of Ted Kennedy

    Teddy was a lion for civil rights

    by Dr. Boyce Watkins, Syracuse University  – MSNBC’s TheGrio.com

    (AP Photo/Charles Dharapak, FILE)

    Many of us once joked that Bill Clinton was the "first black president" (which he wasn't). We had it wrong. If such a title were to be given to any white man, that should have to be the late Senator Ted Kennedy. He was never president of the United States, but he was certainly one of the kings of his generation.

    As a member of the Senate since 1962, Senator Kennedy had a long career fighting for those forced to live in the underbelly of a capitalist society. Over the last 47 years, he has done it better than nearly any politician in American history. African-Americans were among the many beneficiaries of his passionate life's work, and for that, we will always be appreciative.

    In a multitude of areas including housing, income, civil liberties, and equality, Ted Kennedy has been on the front lines. His brother John introduced the Civil Rights Act of 1964, considered to be one of the most impactful pieces of legislation ever produced by our government. After John's death, Ted and his brother Robert were instrumental in seeing that the bill was passed.

    Senator Ted Kennedy then went on to help pass one law after another to support the rights of the elderly, the sick, the poor and the incarcerated. He introduced the Americans with Disabilities Act, The Civil Rights Act of 1991, The Civil Rights for Institutionalized Persons Act, among others. He also helped to amend the Fair Housing Act, and has fought relentlessly for those who've never known the comfort of attending an Ivy League University.

    Senator Kennedy's political compassion, as well as his complicated coping mechanisms, may be linked to the tragedy he experienced during his life. As a young child, he watched his sister Rosemary endure a failed lobotomy, saw his brother Joseph die in World War II and then witnessed his older sister Kathleen's death in a plane crash. This tragedy was compounded by the assassinations of his two brothers, Robert and John during the 1960s. This kind of pain doesn't heal easily, and few families endure such an amazing amount of personal tragedy. It is quite possible that the weight of his psychological pain gave Senator Kennedy the ability to empathize with the struggles of others, as well as the strength to fight through hurdles presented by his adversaries.

    Click to read.

    Tuesday, August 25, 2009

    Dr. Elaina George: Michael Jackson’s “Teachable Moment”

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    The following is a statement made by Dr. Elaina George, an Otolaryngologist out of Atlanta and advocate for physicians.

    ‘Michael Jackson did not have a chance’ was my first thought when I read the report that just came out about what caused his untimely and tragic death. I was unprepared for the absolute disregard for the first tenant of the doctors’ Hippocratic Oath – First do no harm.

    There was no way that harm would not have come to Mr. Jackson. It was beyond negligent to give him a mixture of three different kinds of sedatives, a muscle relaxant, an antidepressant in addition to Propofol, a general anesthetic that is only used in an operating room setting (because it can stop someone’s breathing). Each of these drugs by themselves can be lethal, but together it is a recipe that will almost definitely kill someone. I can think of no medical scenario that would justify mixing these kinds of drugs. Hopefully, Mr. Jackson’s death will teach us that prescription drugs, though helpful are no substitute for doctors doing everything in their power to protect the health of their patients, including just saying no when it is appropriate.

    Click to read.

    Saturday, February 28, 2009

    Pres. Barack Obama and the State of the Black Union

    By Dr. Boyce Watkins

    www.BoyceWatkins.com

    I’ll start by saying that I love Tavis Smiley and have a tremendous amount of respect for him.  Ok, I’ve said it, and I meant it.  I hope you believe me as I write.

    Tavis Smiley’s work in the Black community is critically important. I encourage Tavis, in the midst of such work, to remember that there is a difference between being an intelligent guide to enlightenment and being downright self-righteous. Tavis has a way of putting political leaders “on blast” for not showing up at his forums. When he held a debate for the Republicans in the 2008 Presidential Primaries, there were several Republican presidential candidates who chose not to attend. I understand being upset about this, because the Republican Party has paid dearly for its racism and ignorance of the needs of the Black community. Smiley responded to the Republican snub by putting the name of the candidate on the podium even if they were not there. This was a clear reminder to those in the audience that the leader “doesn’t care about issues in the Black community.”

    When holding the State of the Black Union of 2008 (some confuse it with the State of Black America, issued each year by the Urban League), Smiley again invited as many political leaders as he could find, with Hillary Clinton being his star for the day. Then Senator Barack Obama, in the middle of a heated battle for Democratic delegates in Texas and Ohio, said that he could not attend the forum. Instead, he offered his wife Michelle to attend in his place. That’s when the drama got heated.

    Tavis, appearing to be offended by Obama’s slight toward his conference, proceeded to nibble away at Obama’s heels every morning on The Tom Joyner Morning Show. The segments started with “he-say, she-say”, in which Tavis claimed that no one from the Obama camp offered Michelle up for attendance. But even if they had, Tavis claimed that no spouse of a presidential candidate would be acceptable for the conference, even Bill Clinton.

    I must admit that I felt Tavis was doing a “Karl Rove” on the truth. Smiley’s snub of Michelle Obama was also a slap in the face of Black women everywhere who have tremendous respect for Michelle. Finally, Smiley’s words and actions bordered on petty and angered the millions of African-Americans who’d come to believe that Barack Obama could walk on water. While I’ve never felt that Obama could walk on water, I certainly did not understand Smiley’s confused obsession with Obama’s behavior. Smiley’s comments toward the Black presidential candidate reminded me of the same double standard I can sometimes get as a Black professor. You may have Black students who feel a certain degree of comfort with you, and thus empowered enough to attack you more than they would a White professor with whom they have no prior social affiliation. These situations can be nightmares, as they reflect problems with the collective self-esteem of the Black community, which leads us to feel that attacking and hurting one another is easier, and thus more satisfying than working together to fight Black oppression. In other words, Smiley was reflecting the same sentiment held by Black men who shoot one another on the street, but stand in fear of the racism in White America. Aaron McGruder, creator of the popular cartoon, “The Boondocks”, would refer to this as “a nigger moment.”

    Phones were ringing off the hook, as I had friends from California to New York calling and asking “What’s wrong with Tavis?” I had no idea, since I don’t know Tavis personally. However, because we run in the same circles, I know plenty of people who know plenty of people who know Tavis. One of my great and respected friends, Kyle Bowser, is one of Tavis’ best friends, and Kyle rang my phone the day after I made my comments. Going through the blogs of other Black scholars, I had a chance to see their reactions. Melissa Harris-Lacewell at Princeton University, an intelligent (though somewhat elitist) scholar, happened to be incredibly poignant in her critique of Tavis Smiley’s behavior.

    Melissa angered Tavis by writing a column that asked ”Who died and made Tavis King?”.  I wasn’t as direct in my critique of Tavis, but I did have some strong words for him. I did not want to deliver any commentary on the Tavis via the major networks, since I honestly feel that there are some conversations Black folks need to have behind closed doors. But given that we get nearly 100,000 Black readers per week on our website YourBlackWorld, I felt this to be a fitting venue to let the world know how I feel.

    I issued a statement agreeing with my friend Roland Martin at CNN, who felt that Tavis was out of line by making such a strong demand on Obama at such a critical time. Yes, Hillary Clinton showed up in spite of being on the same campaign trail, but the fact was that Hillary was well positioned to win in the upcoming battlegrounds states, Texas and Ohio. Also, Hillary Clinton needed to regain the ground in the Black community that was lost when her husband Bill shot himself in the foot. The words out of Bill Clinton’s mouth were so vile, that his own “ghetto pass” was revoked immediately. Clinton had compared Barack Obama to Jesse Jackson, implying that he was simply a Black presidential candidate with no chance to win White voters. While Jesse ran a great campaign, the notion that Obama’s fate would be similar to his own was disappointing for many Black people to hear. Clinton was no longer one of us, and he certainly was not the “first Black president” anymore.

    I also felt that Tavis should have been more careful about being too critical of Obama in light of the fact that he was accusing Barack of doing some things that he himself had been doing. For example, Tavis claimed that he was not going to give Obama a “ghetto pass” just because he was Black. Rather, he would challenge him and question him like he would anyone else. First, Tavis’ words presumed (self-righteously) that he knows what is best for Black folks and we cannot make this determination ourselves.  No one gives the “ghetto pass” to Ward Connerly (the guy in California fighting against Affirmative Action) or Condoleeza Rice, so the idea that Black candidates get votes only because they are Black is simply ridiculous. A “ghetto pass”, should such a pass exist, must be earned, and Obama had earned the love, trust and support of the Black community. To presume that people were supporting him just because he is Black is an insult to the collective intelligence of the Black community.

    Secondly, Tavis himself had been long receiving the very same “ghetto passes” that he felt Black America was unfairly bestowing upon Obama. As powerful and revolutionary as Tavis may have sounded on The Tom Joyner Morning show, the fact that you hear “This was brought to you by Walmart” at the end of each segment reminds you that the message has been diluted by corporate sponsorship. No great Black revolutionary in American history has ever been brought to you by McDonald’s, Walmart, Wells Fargo, or any of the other corporations that sponsor Tavis’ forums.

    Additionally, there is a clear reality in the life of Tavis Smiley, one that he cannot ignore: the Covenant with Black America, The State of the Black Union Conference, The “Pass The Mic” Tour, and everything else Tavis has done was created with the express objective of obtaining revenue and profitability for his corporate sponsors. Tavis has sold himself (and I do not use the word “sold” in a negative sense) to White American corporations as the broker of Black leadership. He is the man that many corporate executives believe they can go to in order to reach the African-American masses. We are the drugs, and he is the pusher: White corporate America represents the group of addicts getting high on the profitability of Black consumption.

    As a Finance Professor, I must say that I see nothing wrong with the Tavis Smiley business model. I am not here to say that Tavis has “sold out”, for I don’t believe he has. We all sell something in order to make a living, and even the concept of “selling out” presumes that one has managed the thin line between making a profitable trade, versus giving up something of tremendous value. The problems with the Tavis Smiley business model arise when such a business model is pursued carelessly or selfishly. I do not accuse Tavis Smiley of being careless or selfish. However, his attacks on Senator Barack Obama, none of which were thrust on Senator Hillary Clinton, smelled of self-interest from a man who appeared to feel slighted that Obama jumped his place in the line of great Black leadership.

    I felt sorry for Tavis after seeing the reactions of our readers on YourBlackWorld. Hundreds of emails and comments were coming in every day, with many readers claiming that they were once Tavis Smiley fans, but not anymore. Overnight, Tavis went from being incredibly popular, to becoming the Milly Vanilly of social commentary. I can’t help but wonder what happened behind closed doors, as I am sure his publisher became concerned that he could no longer sell books. His corporate sponsors were surely aware of the fact that he was not in control of the Black audience they were buying from him. I am willing to bet that his life was a mess, at least for a while.

    I hope this year’s State of the Black Union Conference is a bit more balanced.  Tavis is a good brother who deserves our respect.  But it is my greatest hope that he learns the difference between balanced critiques and flat out “haterology”.  I do a lot of critiquing, but when it comes to Obama, I want him to succeed.  I sincerely hope that Tavis wants the same.

    This is an excerpt from the book “Black American Money” by Dr. Boyce Watkins, to be released in April 2009.  For more information, please visit www.BoyceWatkins.com.

     

    Wednesday, February 18, 2009

    Kevin Powell: Violence Against Women Must Stop

    Writer’s note:

    Given all the hype and controversy around Chris Brown’s alleged beating of Rihanna, I feel compelled to post this essay I originally wrote in late 2007, so that some of us can have an honest jump off point to discuss male violence against females, to discuss the need for ownership of past pains and traumas, to discuss the critical importance of therapy and healing. Let us pray for Rihanna, first and foremost, because no one deserves to be beaten, or beaten up. No one. And let us also pray that Chris Brown gets the help he needs by way of long-term counseling and alternative definitions of manhood rooted in nonviolence, real love, and, alas, real peace. And let us not forget that Rihanna and Chris Brown happen to be major pop stars, hence all the media coverage, blogs, etc. Violence against women and girls happen every single day on this planet without any notice from most of us. Until we begin to address that hard fact, until we all, males and females alike, make a commitment to ending the conditions that create that destructive behavior in the first place, it will not end any time soon. There will be more Rihannas and more Chris Browns.

    In my recent travels and political and community work and speeches around the country, it became so very obvious that many American males are unaware of the monumental problems of domestic violence and sexual assault, against women and girls, in our nation. This seems as good a time as any to address this urgent and overlooked issue. Why is it that so few of us actually think about violence against women and girls, or think that it’s our problem? Why do we go on believing it’s all good, even as our sisters, our mothers, and our daughters suffer and a growing number of us participate in the brutality of berating, beating, or killing our female counterparts?

    Click to read more.

     

     

    Saturday, February 14, 2009

    Financial Politics: Credit Card Companies are Changing the Game On You

    By Dr. Boyce Watkins

    www.DrBoyceMoney.com

    In case you weren’t sure, credit card companies are not out to help you. If you are financially illiterate and uninformed, they are going to exploit you. If you are worried about the financial crisis, they are going to prey on your fear to get money out of you. They are also doing exactly what the rest of us are doing: trying to remain protected in a fragile economy.

    The stimulus is stymied. The bailout is a failout. The stock market has consistently given a “thumbs down” to every piece of legislation passed in response to this crisis. Our economy is like the sick man who won’t respond to antibiotics. While the results of the latest package are yet to be seen, the truth is that no one is sure what will work. Every company is out to protect their assets and hold on to their cash, which means they no longer have much interest in loaning money to you.

    Yes, this is true even if you have a good credit score, which is the ironic part.

    Customers are opening their monthly statements to find that credit card companies have started to either ration credit (give less of it) or raise the interest rate being paid on outstanding debt. This doesn’t even count all the dirty tactics used, like using your payments to pay off low interest debt first, quietly getting rid of the grace period or charging interest on your balance from the prior two months vs. the current one. Even when you’ve been making payments on time for years, banks keep raising the bar to maximize shareholder wealth. When liquidity is scarce, those giving out water demand a higher cost per bottle. Additionally, higher default rates have justified the increase in interest rates, but higher interest rates increase the likelihood of default. It’s a nasty cycle, really.

    Lawmakers are trying to intervene. Congressional hearings have taken place. Banks are being scolded by senators who keep telling them that this form of business practice is unethical and that they are gouging the American consumer. All this might be true, but what is also true is that you can’t force banks to loan you money. Also, it is very difficult, if not impossible, to legislate a strong economy.

    If you have a less than stellar financial history, there is an even greater opportunity for your credit card company to raise your interest rates. If you have defaulted on other loans or are a slow payer in other areas, then they have no problem telling you to pay up or ship out. The days of easy money are long behind us, and companies are dramatically shifting their business practices.

    The bottom line is that THEY’VE GOT YOU. They know that you’ve become addicted to the debt they so readily offered in the past, and this debt has become the lifeblood for the lifestyle to which you’ve chosen to become accustomed. They know that they can charge you a higher interest rate because you can’t do anything about it. Like a drug addict who is angry about paying more for his product, you really don’t have any other choice.

    Well, maybe you do.

    Here is one solution: tighten your economic belt. That means putting together a financial fitness plan today that consists of getting rid of as much debt as possible. I’ve mentioned in prior articles and on our website that paying off debt can be one of the best investments you make with your money. This is especially true if you have a stable job and are paying a high rate of interest to your credit card company.

    So, the Dr. Boyce Challenge for this month is simple: Create a budget which includes the steady elimination of credit card debt. That means you should list every single expense you have for the entire month on one piece of paper or a spreadsheet. Don’t leave anything out. Count the money you want to use for getting your hair done, your nails, paying your mortgage, car note, whatever. Count everything. That will be your first step toward obtaining financial fitness.

    As you create the budget, allocate at least 10% of your monthly after tax income toward reducing credit card debt. So, if you earn $3,000 per month after taxes,$300 per month should be allocated toward removing credit card debt, not including interest. So, if you owe $5,000 in credit card debt, you can remove this debt in roughly a year and a half. While $300 may seem like a lot of money to find in your budget, it’s there if you look hard enough. In fact, if you spend $10 per day on lunch and/or coffee, you can find the bulk of the money by taking your lunch to work. Make this one of the first bills you pay, not the last. The last bill is the one that only gets paid half the time. It’s easier to negotiate with creditors if you don’t need them so much. Take small steps toward finding your financial freedom.

    Next month, we will move to step 2 of the Dr. Boyce Financial Challenge. While I confess that this change won’t be easy, I can promise that it will be worth it in the end. Be strong and remain focused, this is your opportunity to shine.

    Dr Boyce Watkins is a Finance Professor at Syracuse University and author of “Financial Lipo 101: From financial fat to fitness”, to be released in April, 2009. For more information, please visit www.DrBoyceMoney.com.

    Thursday, February 12, 2009

    18-year old Black Male Perspective on Mainstream Media

    Most would agree that FOX News, Rupert Murdoch’s crumbling empire, has not been exactly fair to Black people over the years. In fact, it has, whenever possible, vehemently attacked whoever it perceived to be an important factor in Black America. At any given opportunity, its multi-millionaire hosts have encouraged, entertained and enlisted the support of pundits who openly detest Black people, and feel undaunted in speaking out publicly about it. Occasionally, when the fruits seem too ripe to withstand, the hosts themselves, caught in the hysteria of race-intoxication, spill out their guts about their disdain for Black humanity.

    An example of this occurred in September 2007, when FOX News’ top-rated host, Bill O’Reilly, narrated a recent encounter he had at a Black Harlem Restaurant - Sylvia’s. As O’Reilly claims, this experience was life-changing, because “there was no difference between Sylvia's restaurant and any other restaurant in New York City. I mean, it was exactly the same, even though it's run by blacks, primarily black patronship.” O’Reilly later continued: “There wasn’t one person in Sylvia’s who was screaming, ‘M-Fer, I want more iced tea’.” The host, undisciplined by the network, would thereafter suggest that not only were his words misconstrued, but he deserves an apology from his detractors, because their nitpicking plays a part in stalling ongoing racial progress.

     

    Click to read.

    Saturday, January 31, 2009

    Good News About the Recession....sort of

    By Dr. Boyce Watkins

    www.BoyceWatkins.com

    I hate being the doctor who has to tell the patient he has cancer, but the truth usually sets you free (or so my mother told me): We are in the midst of an economic bloodbath. It’s tough to argue that an economy which shrinks by an annualized rate of 5% is still healthy. It’s hard to tell someone that 7.2% unemployment, with the most job losses since 1945, is a good thing. A 4,000 point drop in the Dow is nothing to sneeze at, even if you have plenty of tissue. Times are tough, we know that.

    But if we focus hard enough, we might be able to find a few bright sides to all this. With hopes that no one chooses to kill the messenger, I am going to give it a shot.

    1) It could always be much worse.

    The United States has, according to some, the strongest economy in the world. Our economy could shrink like Rush Limbaugh’s body on drugs and still be disgustingly rich compared to the rest of the world. Don’t believe me? Consider the “fast-growing” Chinese economy, the one that everyone thinks is going to outpace the United States in the next few years. Our annual tax revenues are nearly 4 times greater than China’s ($2.5 Trillion vs. $670 Billion) and they have over 4 times more people than we do (300 million vs. 1.3 Billion). In other words, our per capita tax receipts are over 16 times greater than China’s. So, we’re far better off than most of the world, even when we’re broke.

    2) If there were ever an argument for getting out of Iraq, this might be it.

    It’s hard to declare war on random countries if you don’t have the money to do it. War is big business and attacking other countries is a huge financial investment. If you don’t think war is about money, then you may want to take a couple of Political Science and History classes. Perhaps these troubles at home will keep us from creating trouble abroad, since Americans have lost patience with irresponsible, arrogant war-mongering. The Obama stimulus plan is asking for over $800 Billion dollars to boost our economy. We’ve already spent nearly $600 Billion in Iraq. Rather than declaring War on Terror, President Obama has declared War on the Recession, which seems to be a far better investment.

    3) If you want to buy cheap stocks or real estate, this is the time to do it.

    When the market rises, everyone wants to buy stocks. People forget that you shouldn’t buy stocks when prices are high, you buy when the prices are low. Companies with plenty of cash are grabbing investment and real estate bargains that were hardly available a year ago. You should be doing the same if you can afford to do it. Investors who purchases stocks after major market declines tend to do much better than those who buy during booms. You hear me Warren Buffet?

    4) Struggle makes us FOCUSED.

    Although I tend to be a hardcore capitalist, a part of me misses the activism of the 1960s, when people cared about more than making a dollar. OK, I wasn’t around in the 1960s, but I’ve watched enough old movies. Going through tough times not only teaches one to pursue a higher purpose in life, it also leads individuals to more carefully scrutinize the state of affairs in our government. In fact, I dare to argue that the financial crisis was just what Barack Obama needed to secure his election over John McCain. Economic prosperity allows us the luxury of choosing our politicians based on silly issues, like gay marriage (as we did in 2004). When we are worried about putting food on the table, we look beyond the silliness and choose the most qualified and most intelligent person for the job (after ensuring that he knows Africa really is a continent). Finally, tough economic times make you more responsible in your own money management, as the threat of financial insecurity keeps us all on high alert.

    Those are my points, so again, please don’t kill the messenger. I certainly do not celebrate a weak economy, but I am a firm believer that focusing too much on the door that shuts keeps us from appreciating the ones that just opened. There’s always light at the end of the tunnel, a pot of gold at the end of every rainbow, and….well, you get the point. It’s the toughness of tough times that make the good times good. Keep hanging in there, it’ll be ok.

    Dr. Boyce Watkins is a Finance Professor at Syracuse University and author of “Financial Lovemaking 101: Merging Assets with Your Partner in ways that Feel Good.” For more information, please visit www.BoyceWatkins.com.

    Friday, January 2, 2009

    Interview With "Great Black Speakers" Founder Lawrence Watkins



    Name: Lawrence Watkins

    Current Gig/Occupation: Owner of Great Black Speakers Bureau and MBA student at Cornell University

    Motto: “Success is manufactured”

    Favorite Quote: In order for God to direct you, you have to be moving.

    Q: What makes you one to watch in your opinion?

    I am very ambitious and I want to make a positive impact on my community politically, socially, and economically. Also, I have a business that is growing and that will soon be a powerhouse within the speaking industry.

    Q: What’s the most important lesson you learned so far?

    Always approach task and people with humility, yet still have the confidence inside that you know you will achieve.

    Q: What or who are your inspirations?

    Warren Buffet, Google, The Wire, my parents, my brother Dr. Boyce Watkins, John Wooden (Former UCLA basketball coach), Tim Ferris Author of the 4-hour Workweek.

    Q: If you could meet anyone dead or alive who would it be?

    John Wooden. His books on leadership have changed my life.

    Q: Describe a typical day.

    I wake up about 7:20 a.m. in the morning and take my shower and get ready for school. On the bus, I listen to a motivational audiobook on my iPod. From 8:40 – 1:10 p.m. I am in my finance, strategy, and statistics classes. After that I take a break and review my financial and advertising numbers for Great Black Speakers. The company’s director gives me a call and an update on the daily activities for the last 24 hours. From 3:00 p.m. – 8:00 p.m., I am preparing for class/tests. Lastly, I hang out with my friends on another successful day.

    Q: What’s one thing most people don’t know about you?

    I am extremely silly under the right circumstances.

    Q: What do you bring that hasn’t been brought to your craft?

    I sense of purpose and passion in what I do to help the African-American community. Also, analytical skills that most people do not have.

    Q: Where do you hope to be in five years?

    I hope to be a tycoon of many different companies related to speaking, public relations, and event planning. I hope to travel the world speaking to organizations about productivity and entrepreneurship.

    Q: What’s the one thing you are still trying to overcome or master?

    I am trying to become more consistent in my work ethic.

    Q: What three words describe your attitude?

    Positive, Laid-back, Cerebral

    Q: What do you want to be remembered for?

    I want to be remembered by the people who loved me and the people that I loved.