For the last five years, the public has had an inside look at the world of Hip-Hop through the eyes of the beautiful women who model in Print Magazines and Music Videos. Karrine Steffans- McCrary opened up to the world not only her expereince of being a “Video Vixen” but she capitolized on the very industry that she exposd for shaming, abusing and also exploiting women who, in many cases, were looking for their “Break” in the entertainment industry. Despite critisicm from some members of the Hip-Hop Community, Steffans has excelled as a best-selling author, host, producer, and creative director, taking what could have destroyed most, and using it to inspire other women of her generation.
Having displayed the strength of a Prize Fighter, she might be up for a very interesting fight that has plagued many others in the entertainment community. Today she is reaching out to her Facebook Fan Base and requesting that they go through her website http://www.karrine.com to access her facebook page and NOT an Imposters Page (Listed under Karrine Steffans only, not her full name).
“ALERT: if any of you are following another account, claiming to be mine, it is not. Please stop following fake accounts and let everyone know the account is not real, which should be obvious since this is the only account linked from my website. Thanks.”
Hopefully all of this will pass over pretty soon, but this would be a great time for all of us to double check out Facebook Friends, and to perhaps hope no one is posing as us too!
Contests typically draw controversy. At the present moment, Al Franken and Norm Coleman are currently winding down a very closely run contest for the Minnesota Senate seat. Some controversies can last for decades, while others can last for days. There are even instances where the public will never be aware of the controversies surrounding some contests whose results are made public.
The latest Controversy, was in part brought to an end today, but raises some very interesting questions, and could affect the progress related to the agenda of Human/Civil Rights Campaigns.
Today in a Press Conference, Donald Trump (Owner of the Miss USA/Universe Contest) announced that regardless of the public comments made by Miss California and Miss USA Runner up, Carrie Prejean, that she would retain her crown. This decision came not 24 hours after the administrators of the Miss California Contest “fired” Ms Prejean, due to “Violation of Contract”.
During the Miss USA Pageant, blogger Perez Hilton , who was described as “doing his thing” by Donald Trump, asked a question regarding her support of Gay Marriage. She responded, predicated with her intent not to offend anyone, that in “My America” marriage is defined between a man and a woman. Today, she was encouraged to reiterate her belief, aligning herself with the current belief of the President and Secretary of State (who was also a Presidential Candidate). Supported by Mr. Trump (who refused to answer questions regarding his own personal belief on the subject) , Ms Prejean proudly encouraged others to use her experience as inspiration when standing up for their beliefs, regardless of the negative backlash that might accompany it.
A very serious question must now be posed: When does one’s opinion regarding the Definition of Marriage infringe on the obstruction of civil liberties? And; will the denial of Same-Sex marriage be looked at in the same manner as we look at inter-racial marriage today (which is still looked upon negatively in certain parts of the country).
One must remember that it was a little over 40 years ago, that it was still illegal for interracial couples to be married. Leon Brazile (who was a trial judge in the case) echoed the rhetoric of German Physician Johann Frierich Blumenbach who stated, “Almighty God created the races white, black, yellow, malay and red, and he placed them on separate continents. And but for the interference with his arrangement there would be no cause for such marriages. The fact that he separated the races shows that he did not intend for the races to mix.” The pivotal vote taken by the DC City Council to recognized such marriages, sparked the legislation that was seen before the Supreme Court, which in turn descended that, “Marriage is one of the “basic civil rights of man,” fundamental to our very existence and survival…. To deny this fundamental freedom on so unsupportable a basis as the racial classifications embodied in these statutes, classifications so directly subversive of the principle of equality at the heart of the Fourteenth Amendment, is surely to deprive all the State’s citizens of liberty without due process of law. The Fourteenth Amendment requires that the freedom of choice to marry not be restricted by invidious racial discrimination. Under our Constitution, the freedom to marry, or not marry, a person of another race resides with the individual and cannot be infringed by the State.
During the Press Conference, the President’s view of marriage was touted by both Mr. Trump and Ms Prejean. Another important question must be posed: Will President Obama support legislation to legalize Gay Marriage? If he does not, does this make him as bigoted as those who did not support his candidacy because of his color?
Today, the celebrated “opinion” of Miss California, has placed the Human Rights Campaign in an awkward position. They could use this decision to press the Gay Marriage Debate to the forefront to gain definite results, or they could regroup and reanalyze their stance on the subject, which could result in the whole subject to be dropped all together. What do you think?
Perhaps a voice from the past could help shed light on this subject:
Thomas Jefferson
All, too, will bear in mind this sacred principle, that though the will of the majority is in all cases to prevail, that will to be rightful must be reasonable; that the minority possess their equal rights, which equal law must protect, and to violate would be oppression.
For 89 years, the White House Correspondents Association has been hosting a dinner at the Washington Hilton. Some of the biggest names our time have played this event, singing, dancing, and roasting the President of the United States. Jimmy Durante (and his nose) made the crowds laugh, while Bob Hope’s criticism was always taken in stride…he usually golfed with the President. Yakov Smirnoff had a unique play on words that tickled the funny bones of correspondents, while Al Franken was busy making as many friends with the core as possible (he would need their assistance in the future). None of these legendary performances were talked about in the media on Monday, it was the comments of Wanda Sykes and President Obama that took the show.
Wanda Sykes made comments during her big night, that some considered a step too far, about one of the most outspoken conservative radio talk show hosts in America, Rush Limbaugh. A reference to a remark made by Limbaugh at the beginning of the President’s term, caused Sykes to weight in on what sounded like a personal opinion of Rush Limbaugh. While in a statement Limbaugh stated that he hoped the President fails, Sykes gave her remedy in the hopes that the radio host’s kidney’s would fail. This joke received mixed reactions, but no one from the correspondence dinner left the event in protest, or even disgust. Sykes was congratulated for giving a “stellar” performance, and the night went on.
When does a joke go too far?? One may ask, if the word “joke” is replaced in that question, perhaps we could get to the bottom of a lot of problems. For instance:
When does policy go too far?
When does bigatry go too far?
When does war go too far?
When does torture go too far?
There are many questions, once again I reiterate, that must be answered long before we question the seriousness of “Jokes” told about a man who is accused weekly of offending at least 1,000 people. For an example;
On the October 23, 2006 edition of his radio show, Limbaugh imitated on the “Ditto Cam” (the webcam for website subscribers to see him on the air) the physical symptoms of actor Michael J. Fox, who has Parkinson’s disease. He said “(Fox) is exaggerating the effects of the disease. He’s moving all around and shaking and it’s purely an act … This is really shameless of Michael J. Fox. Either he didn’t take his medication or he’s acting.”
With the boldness to criticize the disabled, I think Rush Limbaugh does not need the press to “stand-up” for him…he’s a big boy!
While journalists today debated whether or not Wanda Sykes took her jokes to far; U.S.-born journalist Roxana Saberi was set free today after an Iranian appeal court cut her eight-year jail sentence for spying to a suspended two-year term. Saberi, a former Miss North Dakota, looked thin and tired at Sunday’s hearing. Last week, her father said she had ended a two-week hunger strike and was “very weak.” The judiciary denied she had refused food, and said she was in good health.
Althought correspondents had the chance today to reflect on a “risque” joke they heard while enjoying some fantasic food and being surrounded by celebrities, Saberi was in prison, refusing food, and listening to the daunting noise of imprisonment…my how our priorities have fallen.
Priorities in the media vary, but regardless of how far the envelope is pushed, comedy will still be comedy. Perhaps that great comedian could shed some light on how to view the status of this situation:
Lenny Bruce
“Satire is tragedy plus time. You give it enough time, the public, the reviewers will allow you to satirize it. Which is rather ridiculous, when you think about it” ~Lenny Bruce
Once again, Washington DC received many west coast visitors. On Saturday Night, President Obama was given the opportunity to do give remarks in front of most of Hollywood’s A-list talent and correspondents from every network. Followed by Wanda Sykes, both have been given very high marks in the media for their performances. While the world took a breather from the whirlwind of H1N1 and torture talk, we sat back and heard a few good one-liners, and for a second, the sheer amusement of our government was remedy enough to calm the minds of few, and strike the funny bone of many.
In America, we have used the arts to mask, cope, and address problems that plague and threaten our way of life. The surge of the movie industry occurred as people needed an escape from the everyday reality of the depression. Rock & Roll articulated the “new & improved” outlook of the 1950’s youth in comparison to the conservative upbringing of their parents. During the late 60’s R & B began to articulate the displeased views of America’s youth regarding Vietnam, and that administration’s handling of the conflict. Studio 54 flourished in the 1970’s, as the old guard once again was cast aside, and many minorities were finding their place and voice in that disco filled society. The Rock Music of the 1980’s described Generation X, and how society misread and/or misunderstood their wants, desires, and motivations. With rap music making a significant imprint on the 90’s, teens and young adults alike began to describe their emotions through poetry spoken in sync to different rhythms of music. As we have entered the new millennium, youtube and itunes being blasted from iphones and ipods. The current trend of headphones coming from pocket sized devices are seen regularly, as today’s modern man/woman can pick and choose what trend in music, movies, and comedy they would personally like to identify themselves with.
Although, the President and many others were able to, for just a night, look at the lighter sides of the current situation, one harsh reality will be facing Americans as Monday Morning rises in the distance. The unemployment rate rose to 8.9 percent from 8.5 percent in March, the highest in more than a quarter-century. President Obama has recognized that this financial problem was indeed years in the making, and he is predicting that it could take months (even years) to come out of the current recession.
Stress tests given to the 19 largest banking institutions, which the reports were less severe than some experts had been preparing for, revealed: (see link below)
The test results showed that the 19 banks faced a total of $599 billion in losses over the next two years under the government’s worst-case, Depression-like scenario.
These tests has also brought about deadlines for banks, in which consequences for deadlines not met have not been laid out by congress as of yet. Congress has directed the banks as follows: Any tested bank needing to boost its capital buffer will have until June 8 to develop a detailed capital-raising plan and until November 9 to implement that plan. Some banks have already begun this task, with Wells Fargo raising 7.5 billion dollars in stock through a public offering. Other banks have made plans to fill their capital holes by tapping public markets.
One must keep in mind, that the banks have not been the only dire, important factor negatively impacted by the current turn of economic affairs. The Baby Boomer Generation is chomping at the bit for ways to keep their homes, cars, and ways of life somewhat intact during the dreadful time. Since December 2007, the number of Americans over 55’s in work has risen more than 800,000. Many baby-boomers have been forced to re-enter the workforce after losing their retirement and/or pension funds. One may ask, how has age discrimination played out in the competition for work since the start of this recession, and if Affirmative action will survive the backlash of this recession.
Nonetheless, in this American Culture, we have coined the phrase, “Laughter is the Best Medicine”; but will Laughter be enough to treat the American Economy and the effects it is having on its citizens…only time will tell.
I have always learned that it’s best to learn from people who have lived through situations such as this before, and a little wisdom just may share a little light to us from our Allies across the Atlantic.
Nancy Pelosi - Speaker of the United States House of Representatives
The Speaker of the United States House of Representatives is a coveted position by many politicians. Landmarks around Washington and the United States have been built to honor these great politicians of old. Hailed for their abilities to turn ideas into law, to craft and implement policies, to keep their party’s in check and voting along the proper lines; this role is an important and influential role that can influence the laws that are passed, and the policies that are implemented. Third in line for the presidency if anything unfortunate happens, one must be careful of who fills this position, and parties select as carefully as possible when electing the Speaker to articulate their voices.
In years past, we have had some Mice (Howell Cobb, who led the secessionist movement, and is considered to be one of the founders of the Confederacy) and Titans (Joseph Cannon, who was on the first cover of Time Magazine on his last day in office) who have banged that powerful gavel. A little unknown fact about this position is that one does not have to be serving in the House of Representatives to be elected to this position (which I at times believe would be a commodity). Also, it is not often seen, that one is elected to this position within his/her first session; but this has happened before in the past, and the gentleman who filled this position partly crafted the role as Speaker into what it is known to be today. Henry Clay laid the framework to this the role as Speaker of the House as we know it. Followed by Joseph Cannon and Sam Rayburn, the Capitol now boasts a speaker who is a first for this generation, and regardless of politics or party; The First Female Speaker of the House will open doors for many others to follow through.
Nancy Pelosi, D-California, is serving as the Speaker for the 111th Congress of the United States, and as of late, her integrity (along with many others) has been in question. On April 23, Ms. Pelosi told reporters “we were not, and I repeat, were not told that waterboarding or any of these other enhanced interrogation techniques were used.” Rather, she said, she recalled being told by the CIA that the techniques “could be used, but not that they would.” With the growing public’s distaste towards the government’s use of “Water boarding”, fingers have been pointed towards, who knew what, when, and why they not spoke up against it. When asked if they were informed, some members of congress (including Speaker Pelosi) stated that they knew about it, but did no know it was in
In a report released by the CIA, Congressional leaders were briefed in detail about techniques used in the Central Intelligence Agency’s interrogation program. This report displays the most thorough
information the CIA has on dates, locations, and names of all Members of Congress who were briefed by the CIA on enhanced interrogation techniques. According to these documents, Speaker Pelosi (who was, at that time, the highest ranking Democrat on the House Intelligence Committee) was one of the first to know about the techniques.
One question that should be asked now, is if this “Change” and “Transparency” heralded by these representatives towards President Obama, will spill over to the Capitol Building, and into the halls of congress. Regardless of party, the American People, in my mind, are tired of the finger pointing which only covers the truth behind the misdeeds performed by those sent to represent us. When and where will this be stopped.
While, in this case, Republican members of congress have taken this opportunity to pounce on the Speaker, and stated last month that congress was informed early on about these techniques; these same Republicans were unable to go further on and state that these techniques were not procedures that adequately or respectively represent the United States of America…all except one (and it wasn’t Arlen Specter).
John McCain and Barack Obama DO agree on this statement….Torture (in any form) is Wrong! As he stated in Newsweek, “Our commitment to basic humanitarian values affects–in part–the willingness of other nations to do the same. Mistreatment of enemy prisoners endangers our own troops who might someday be held captive. “Barack Obama has deemed Water boarding as an unacceptable form of interrogation (or in other words Torture). It is for the safety of our soldiers, currently engaged in battle on foreign soils, and it is to uphold our agreement with the UN, that we do not torture. Regardless of how we feel the “enemy” would deal with Americans as captives; The American Government gave its word to the United Nations and to its people that it would not engage in torture. To utilize these vile techniques, will further ruin the integrity of this country…in which faith is currently being restored day by day.
Still waiting for the Republican Party to find its voice, and waiting for the Democrats in Congress to show bi-partisanship; The American People need a CLEAR answer from both parties, and these answers should be congruent with the agreement we signed with the United Nations.
Nonetheless, we as a nation can make it through this period, and the words from a former Speaker of the House might just help us see the way:
Our country–whether bounded by the St. John’s and the Sabine, or however otherwise bounded or described, and be the measurements more or less;–still our country, to be cherished in all our hearts, and to be defended by all our hands.
I can remember running and playing with friends in the country. Growing up in a small town (Goodlow, Texas; population 312) neighbors and family were plenty, and dirt roads were vast. Sometimes I can remember climbing down in the creek bed, and following it all the way out by my Aunt Emma’s house (1912- 2002), after which the journey home would began, and there was always a tough decision to make. We could go straight home or we could go home…but with detours. Now this individual decision was made with deep thought and consultations with the guys, which eventually lead to mischief, causing something memorable to happen and we would then go home.
On one occasion, I was with my cousin, and we planned to do the usual, but Aunt Emma instructed us differently. I will never forget it; Aunt Emma was from the “old-school” and she was about 5’0 (if she was an inch), and always wore an apron. She made it perfectly clear, that if we were to go away from the house that we wouldn’t stop by Uncle Jay’s her brother (1908-2000). See, Uncle Jay and Aunt Carrie (Married 1935) were great cooks from the good old days! Typically, when us kids would stop by there, we would fill up on fresh cake and a big glass of milk, which consequently would ruin us for dinner. Well, my cousin and I set out, and as we were headed back, we decided (after much deliberation) to just pay a little visit to Uncle Jay and Aunt Carrie. Sure enough, we ate to our hearts content, and then walked back to Aunt Emma’s. On the way home, I told him to make sure that he didn’t mention the whole “dropping by Uncle Jay’s” and he stated with a grin, “You know I won’t say nothing!”. Now, little did we know, Trey had left an article of clothing there at Uncle Jay’s, and Aunt Carrie thought it would be responsible to call Aunt Emma, and let her know! Aunt Carrie told Aunt Emma, “ not to scold Trey for losing the article of clothing, that it was safe with her.”
This reminds me of the current status in which the Bush Administration and their lawyers are in. Being aware of torture as a means of interrogation used by governments to attain information from Prisoners, the US signed an agreement with the United Nations stating that we would not engage in torture; after consulting with their lawyers, the Bush Administration used a technique called Water boarding ( which was used during WWII on our soldiers, and a technique we deemed as torture at that time) and, according to Condaleeza Rice, if the President approved…it wasn’t breaking the Law (just like Nixon). When asked by the American Public, we were told the truth…but not the whole truth.
As reported by the Wall Street Journal, at the center of the frenzy are four detailed legal analyses, “The memos, written by Justice Department lawyers in 2002 and 2005 and recently declassified and released, read as you would expect them to. The individuals writing them were reflecting their own interpretation of the law, their own policy views, and quite possibly the policy preferences of their bosses.”
This problem is a clear representation of what happens when one branch of government, tries to act without proper checks and balances. Clearly, this method of interrogation was not to be decided upon by just lawyers who were advising the president, or interpreting the law (which is the job of the Supreme Court). As a result, being that the Executive Branch took it upon their selves to act independently, our reputation was tarnished both at home and abroad. The question which is now being asked by many, is if the lawyers who gave this advice to the administration, will be prosecuted; or will anyone else from the Bush Administration pay some sort of price if they are found to have broken the law.
Well, to answer that question, I should finish my story from earlier. ..
As we walked into the 6 room house, the questions began, and we played it cool. We told her everything that we did, save the whole Uncle Jay thing. As I began to walk out, Aunt Emma grabbed me, and said a simple phrase (after giving me a good pop)…,”I’m going to call Velma (my grandmother b.1917) and tell her what you did.” Now I knew Granny (as I called her) did not want me going over to Uncle Jay’s, and at this point, I was simply scared to walk home.
When I stepped onto the porch, my Grandmother met me there, and she didn’t just talk to me. She whooped my behind, and told me that “grown folk” make rules for good reasons. And if I decided to break those rules, I’d have to “Pay the Piper”, just as I did by taking the spanking.
The UN made rules, we broke them knowingly (especially sine we hired lawyers to help us go around the agreement) and those responsible must pay the consequences.
As stated by a great American General:
“A people that values its privileges above its principles soon loses both.”
One single voice rang out over the sound system, while the DC City Council prepared to vote in the Wilson Building on Tuesday. Stating that he had always supported homosexuals, but did not support this bill, Marian Barry was the lone voice in opposition against recognizing Gay Marriage in DC. Voiceterous crowds outside and inside the building, spoke in favor for and against this campaign, and as the members voted, the room stood still. With four States supporting Gay Marriage (Iowa, Vermont, Massachusetts, and Connecticut) DC will be among many state legislatures discussing the passage of Gay Marriage. San Francisco started handing out same sex marriage certificates in 2004 and since then, campaigns have been launched for gay marriage to be recognized in states across America.
One would ask, what is the controversy? But, before we tackle that can of beans, we should familiarize ourselves with the current definition of Homosexuality. *As defined by US Legal Definitions:
“Gays and lesbians are homosexuals who are sexually attracted to members of the same sex. Typically, gay refers to a man whose sexual orientation is to men and lesbian refers to a woman whose sexual orientation is to women. Bisexuals are sexually attracted to members of both sexes.” During the 20th century, homosexuality was a “taboo” subject, causing some of our most notable figures to stay “closeted” or to suffer ridicule and/or discrimination because of their sexuality; Montgomery Clift, Jack Cassidy, Barbara Jordan, Thornton Wilder, Gene Robinson, Rock Hudson, etc.
The definition of marriage is not that simple. Law dictionaries recognize eight different styles of marriage:
The type of marriage mostly associated with religious organization is Covenant Marriage which is defined as:
“A covenant marriage is a marriage entered into by one male and one female who understand and agree that the marriage between them is a lifelong relationship. Parties to a covenant marriage have received counseling emphasizing the nature and purposes of marriage and the responsibilities thereto. Only when there has been a complete and total breach of the marital covenant commitment may the non-breaching party seek a declaration that the marriage is no longer legally recognized.” (Although this was traditionally used by religious fundamentalist, most churches recognize the individual’s right to seek a divorce. This divorce is typically recognized in most protestant churches).
To make things even more complicated (as far as religion is concerned); according to the CIA, the following is the order of religious preferences in the United States:
§Christian: (78.5%)
§Protestant (51.3%)
§Roman Catholic (23.9%)
§Mormon (1.7%)
§other Christian (1.6%)
§unaffiliated (12.1%)
§none (4%)
§other or unspecified (2.5%)
§Jewish (1.7%)
§Buddhist (0.7%)
§Muslim (0.6%
Within each one of these religious sects, marriage customs are different, and hold different requirements for the parties involved.
Religious circles here in the US (predominately Muslim, Jewish & Christian) view gay marriage as a non-issue because their religious convictions prohibit same sex marriages to be recognized by the Church, Synagogue, or Masque; while non-religious citizens view this also as a “non-issue” stating that due to the separation of church and state, marriage is not legitimatized by a religious sect, to be recognized by the state. Since the turn of the 21st century, tolerance to same sex marriage has increased, and if continued at the same rate, 10 states will recognize same sex marriage by 2020.
Sexual Reorientation was a widely used practiced in the United States during the 20th century, and was designed to keep humans from practicing Homosexuality. Although varied, treatments have included biological, behavioral, cognitive, psychodynamic, and religious modalities. In recent years, treatments intended to alter sexual orientation have involved religious and psychodynamic counseling. In recent history, intolerant attitudes and views regarding same-sex marriage and/or homosexuality have been compared to the bigotry attitudes suffered by women in the 1910’s and African American’s in the 1960’s. In the United States, 45 states and the District of Columbia have statutes criminalizing various types of bias-motivated violence or intimidation (the exceptions are AZ, GA, IN, SC, and WY).
Christianity, which most American’s identify with, has varying views on homosexuality and its acceptance by the church.Most churches do not accept the act of homosexuality, and views it as a sin.With this view, the idea of marriage between homosexual is not an accepted practice within their religious sect.Being that this arrangement is not recognized by the sight of GOD, they also believe that it should not be recognized by the state.Practicing homosexuality, in the eyes of the church, is a moral and mental decision made by an individual.
My opinion: Until Religious Leaders step up to the plate, dialog with politicians, and define the line of separation, that properly checks both church and state, this argument will continue. Homosexuals seek to have marriage recognized by the state, so they can be afforded the same rights as heterosexual couples have (such as insurance, medical decision power, property, etc). This judgment cannot and should not be clouded by the church’s non-congruent attitude towards marriage, divorce, and/or homosexuality.
Both those in favor have created videos:Some more satirical, others more serious. How long this debate will last, one may never know, but James Baldwin did have incredible insight that might just tell us the answer:
“Children have never been very good at listening to their elders, but they have never failed to imitate them.“
Last night at the Palace Theatre, located in Corsicana, Texas, I decided to treat myself to a show. Remembering that this was “Community Theatre”, I paid my cash for a balcony seat, and got ready to enjoy the production. For anyone who’s ever seen “Community Theatre” knows that there is no such thing as a bad show, you can have a great time no matter what. Although ready for the fumbled lines, misinterpreted script, or green actor, last night was a pleasantly different experience. I truly enjoyed the show, just as the people sitting around me. Last night, the players at the palace theatre had a good show. What is a good show? A good show is the ability a theatre company has in keeping an audience engaged, and keeping an audience captivated by what appears spontaneous action on stage.
I believe that it would be safe to say that since September 2008, Freddie Mac & Fannie Mae’s opening act to “Bail Out Blues” has kept the American People both captive and engaged. We’ve seen the American People oohhed and awwed by, debates halted and the first draft failing, with special appearances by Ford, GM, and Chrysler. Secretary Paulson has played a relatively good lead in this production while I believe the most entertaining of them all are the home grown actors: Congress! Maxine Waters put her best foot forward, and Barney Frank has been nominated from my understanding as Best Supporting Actor in a financial crises.
The problem is, the American People, numb from the spirited campaigns, do watch CNN and Fox News with anticipation as if it were a production. Sadly, Capital Hill is producing. With meeting after meeting, and no relief to be in sight, the American People I am sure would rather enjoy an ending at this point, rather or not if it is happy or sad.
Yesterday, some good news did come from the original players. Mortgage finance companies Fannie Mae and Freddie Mac are suspending foreclosures for about 16,000 households during the holiday season. In case you were not aware of what these companies actually do, they buy mortgages on the secondary market, pool them, and sell them as mortgage backed-securities to investors on the open market. As of September 7th, Both players were seized by the American Government, and with their CEO’s tossed out, the institutions are now run by the Government.
The fall of these companies, aided Washington in its ability to tell the difference between Main Street and Wall Street. Everyone on Main Street was screaming for a “Bail Out” long before Wall Street took notice. Now understanding the relationship between the two, lawmakers are acting as if they are fighting for “Main Street” again, when they should have been fighting for Main Street in the first place.
Main Street, as we’ve learned, not only effects Wall Street. Japan’s stock market plunged 4 percent Tuesday, its biggest one-day loss in two years, and even with precautions, the uncertainty of “Main Street”, shows the uncertainty of the stability in markets all over the globe.
Who knows, this production could be only a shortlived hit, and one of those award winning shows no one ever remembers; but at this time, we are not sure if the Inauguration will be our lead into intermission, or the closing of a very “Mind & Money” stimulating all star production.
This week several people have sat before Congress, requesting Bail. Rep Michael Capuano stated that, “He’s not sure that he trusts them” as he was speaking to the Big 3 auto makers, while Rep. Maxine Waters stated, “I am highly disappointed in you”, when addressing Secretary Paulson, and his “Divorcement” from his original plan in dispersing 350 billion dollars (our money) which was sold to Congress as monies needed to buy up “Toxic Assets”, but this did not happen.
Everyday I watch Richard Sanchez on CNN, and religiously I see him crafting questions and thoughts based upon the input from people on facebook, myspace and twitter (the latter I’m still trying to figure out!). Following his lead, I went to the local watering hole and listened to the the “Talk of the Town” regarding national matters. No one believed that Ford, Chrysler, or GM deserved to be bailed out. Everyone was pretty well informed that if we do not bail them out now, allowing these companies to go bankrupt and having their books closely examined might be a good thing not only for the companies but also for the consumers. The tone of “Who’s going to bail me out” rang through as they inquired about the qualification of Secretary Paulson. I informed them that he worked for Goldman Sachs, and Paulson’s actions was not so different from the way he operated in Goldman Sachs. As most individual investments of hedge funds (which were handled by his company) are not made public, one can see the pattern created and executed in the way he is not so “in-depth” about his actions and thinking, making most decisions appear sporadic and or misleading.
Listening closely to the conversations, everyone was talking about another matter that has just been hinted on Television. “Is this just the beginning?” many patrons asked? Will other companies that heavily impact our lives start rising up and asking for “Bail”? Will, for instance, GE come before congress and ask help or will the local banks start publishing in the papers that they too are bankrupt? Burying money was suggested as a solution last night, while one patron joked about investing $1000 into GM first thing in the morning. One older gentlemen brought up a very interesting point,” Who else from this administration will also be needing bail, but in a different sense?”.
Yesterday, A Texas judge set the arraignment day for Vice President Dick Cheney, former U.S. Attorney General Alberto Gonzales and others named in indictments, accusing them of responsibility for prisoner abuse in a federal detention center. This Friday, they will not be arrested or anything like that, but they will be arraigned by Judge Manuel Banales. Cheney has been accused of “a conflict of interest” because of his influence over the county’s federal immigrant detention center and his substantial holdings in the Vanguard Group, which invests in private prison companies. The Vanguard Group is a United States Investment Management Company that manages approximately $1.3 trillion in assets. This “Conflict of Interests”, is just one of many conflict of interests held by many people in the Bush Administration, that has caused either the resignation of, or the non-confirmation of many people tied to or within his political associations.
“Who will be next?” was the most common question asked of me last night, and I was frankly stumped. Will we be waiting in January to see the President Elect take office and make history, or will we be waiting to see President Bush along with his administration step down, and perhaps step into the courtroom? Surely, no other president since Andrew Johnson, who was reported drunk at the inauguration, or Aaron Burr who shot and killed Alexander Hamilton, has received so much attention from “Judges and Juries”.
To say the least, the term “Bail” whether dealing with monies or misdemeanor , does not bode well with the American Public. The term that seems to resonate with the American people is conviction. Conviction can be used two separate ways. The first term of conviction refers to a strongly held belief that is arrived at after considering personal experiences and any external inputs that may have been encountered. For an example: It is the Conviction of the American People, that they deserve elected officials who represent their interests, honestly and honorably. This is a conviction, that seems to have been overlooked by many elected officials not only on Boards and Committees in Washington, but also on Chambers and Councils in Municipal Governments. Using the term conviction within the parameters of the law refers to a finding that a defendant is guilty of committing a crime. For an example: Congress has impeached a sitting Cabinet member before; William Belknap, Ulysses S Grant’s Secretary of War, was impeached in a unanimous vote by the House in 1876 for bribery, but the Senate fell just short of the votes necessary to convict him.
No matter what, Bail has and will always ring one bell in the American mind, and that bell is money. Now, if we can only make sure that Congress sets some of the “Bail-out” money aside. Chrysler might not be the only one who needs it, Cheney, Stevens and Gonzales might need a “Get out of Jail Free” card, and my pockets will be empty when we receive that call at 3am in the morning!
This week, I had the pleasure to be back in Texas, after spending the best three months of my life. I had the pleasure to work in Fort, Myers Florida, with the Obama campaign. It was indeed, an honor to serve them and to serve our President-Elect. Whereas, many organizations aided and supported us in reaching our goal, no one supported us more the Ray Troy and the DEC. Around the state we heard of stories about the DEC and how they supported the other offices (all was good), but Lee County is fortunate to have a great foundation set and to build upon. My only advice to this organization is…don’t mess it up!
Speaking of support, this week we’ve heard quite a bit about the bail-out. Hundreds of billions of dollars were requested by the reserve, and was granted, to save the failing banks due to unpaid mortgages (which I learned harshly effected Lee County Florida) and mismanagement of funds.
Then on Television, we heard Secretary Paulson state that he would not apologize for changing the way he would use the funds that were grated to him straight from the pockets of the American People. Although shocking, we were not surprised. It appears that those people living on Main street, have not put much stock on the promises stated by the American government.
Now, as I watch “Meet the Press”, I see that the Big Three wants to be aided and bailed out. In case you did not know, the Big Three consists of: GM, Ford and Chrysler (Which wants to be saved a second time). Mind you, the Big 3 aren’t the only people seeking aid and help. Millions of Americans are also crying out to their government for help, and to be “Bailed Out”, but for some reason their voices don’t posses the same lung power as Ford!
The argument in Favor in helping the Auto Industry (which makes good sense, but can definitely be tested) is that the government has bailed out the Airline Industry when it was in bad shape. I must state that comparing the Big 3 and the Airline industry is like comparing apples to grapefruit! While other automakers were creating more economy friendly cars ( take a look at Toyota), Expeditions and Hummers still rolled off the assembly lines. I must ask in “Main street” vernacular, what moron makes a Suburban when gas is over four dollars a gallon? GM, and now, because of their poor management, dozens of retired workers depending on their pensions, are looking perhaps at the pension checks for the last time.
Perhaps, for this generation, we have never seen a business that seems pretty common, go out of business. But I must ask, when was the last time you bought a Packard? You may wonder, what the hell is a Packard? Well, Packard was an American luxury automobile marque built by the Packard Motor Car Company of Detroit Michigan and later by the Studebaker-Packard Corporation of South-Bend, Indiana. The first Packard automobiles were produced in 1899 and the last in 1958. Different styles were attempted to save this line of “Luxury Cars”, but eventually, it too came to an end. Were people negatively by their downfall? Yes! Did people get other jobs? Yes! If the management teams, and the strategic think tanks had been more proactive and good at their jobs would the Packard still be on the market? Yes!
What am I getting at? The Big 3 that we should focus on is Main street. Main street is also made of three components. Seniors, Working Class, and Students. A majority of people who fall into these categories, do not make much, but just enough (that was up to about a month ago). If we can get Main street bailed out, America will be just fine, and the BIg 3 in Detroit will be more than just fine…they will stay in business!
I say, if the auto-industry is saved, it would be a good thing only for the people who did their jobs well, and are now depending on a company that they retired from after 30 years of work, for food and shelter. And, if the American Government decides to “Bail-Out” the big three, every CEO of the Big 3 Corporations, should be fired immediately!
Hey Washington, Bail out Mainstreet, and I bet America would be a lot better!
For the last five years, the public has had an inside look at the world of Hip-Hop through the eyes of the beautiful women who model in Print Magazines and Music Videos. Karrine Steffans- McCrary opened up to the world not only her expereince of being a “Video Vixen” but she capitolized on the very industry that she exposd for shaming, abusing and also exploiting women who, in many cases, were looking for their “Break” in the entertainment industry. Despite critisicm from some members of the Hip-Hop Community, Steffans has excelled as a best-selling author, host, producer, and creative director, taking what could have destroyed most, and using it to inspire other women of her generation.
For 89 years, the White House Correspondents Association has been hosting a dinner at the Washington Hilton. Some of the biggest names our time have played this event, singing, dancing, and roasting the President of the United States. Jimmy Durante (and his nose) made the crowds laugh, while Bob Hope’s criticism was always taken in stride…he usually golfed with the President. Yakov Smirnoff had a unique play on words that tickled the funny bones of correspondents, while Al Franken was busy making as many friends with the core as possible (he would need their assistance in the future). None of these legendary performances were talked about in the media on Monday, it was the comments of Wanda Sykes and President Obama that took the show.
Once again, Washington DC received many west coast visitors. On Saturday Night, President Obama was given the opportunity to do give remarks in front of most of Hollywood’s A-list talent and correspondents from every network. Followed by Wanda Sykes, both have been given very high marks in the media for their performances. While the world took a breather from the whirlwind of H1N1 and torture talk, we sat back and heard a few good one-liners, and for a second, the sheer amusement of our government was remedy enough to calm the minds of few, and strike the funny bone of many.
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