Minority Business News
Overcoming income inequalities through better consumer choices
The agency mandated to provide Congress with impartial, non-partisan and timely analyses seldom makes headline news. But this week when the Congressional Budget Office (CBO) released findings on its analysis of the nation’s income inequalities from a 30-year review (1979-2007), media coverage exploded.
The Occupy Wall Street movement is now one month old. The protests have spilled over from their initial Wall Street site to Washington, D.C., Miami, and, according to the Occupy Wall Street (OWS) website, around 1500 cities around the globe.
Struggles with self-image, assimilation mirror Black American experience – Last year, during a discussion on increasing the number of African Americans in Major League Baseball, Angel’s centerfielder Torii Hunter in a USA Today interview called the dark-skinned Latino baseball players “imposters” and said they are not Black.
In 1966 boxing legend Muhammad Ali, just 24 years old, took a memorable stand against the Vietnam War. He’d been drafted by the government, but refused the call famously saying, “I ain’t got no quarrel with the VietCong…No VietCong ever called me nigger.” At the time, this nation’s Black citizens were struggling to gain the respect and acceptance promised by the land of opportunity. At just 24 years old, Ali’s act of “defiance” was an electric rallying cry for at least one minority group to overcome.
As she watched President Barack Obama lay out his jobs plan for the nation and repeatedly challenge Congress to address the issue immediately, Madelyn Broadus was thinking “finally, somebody is for the people. It seems like for the past 12 years, (the government) is always for corporations and big fat cats. I really feel like he said it right for how we can begin again, the hard-working American people,” explained Broadus, one of the 14 million unemployed people that the president was speaking of during his speech.
In beauty salons and barber shops across the nation, at summer barbecues and holiday dinners, African Americans have a long tradition of indulging in rich conversation. So much so that we’ve created our very own cultural vernacular, or way of speaking. No matter the venue, when we come together we are ready to talk about it all, from current events and politics to music and relationships. Nothing is off limits…well, almost.
- The Economy Across Race and Region
- Cosmetics Company Owner Loves the Skin Blacks are in
- City to Hold Banks Responsible for Foreclosed Property
- Making Yourself Recession-proof
- Awards Presented at 30th Annual State Construction Conference
- Black Philanthropy: Still working to uplift the underprivileged