National Budget

These ten charts show the black-white economic gap hasn’t budged in 50 years

On the 50th anniversary of Martin Luther King Jr.’s “I Have a Dream” speech, we’re updating our look at how the economic disparities between whites and blacks have persisted over the past half-century.

My colleague Michael A. Fletcher published a big piece Wednesday noting that the United States hasn’t made much progress in closing the economic chasm between blacks and whites since the March on Washington 50 years ago.

via These ten charts show the black-white economic gap hasn’t budged in 50 years.

What is your money relationship?

Money gives a sense of pride to some. It is a means of expressing love to others. Our money relationships can be positive depending on our motivations.
“I started thinking about everything in my life that I pay for – from my home to the food I feed my kids. I love my kids and I love my home and when I pay money to house and feed, I am really expressing love. I am Paying Attention with love in the form of money. That is the only thing that is really happening. Money is simply a means of expressing love. From this moment on, every opportunity that I have to give money or pay with money, will be intentionally Laced and Graced with unconditional love, gratitude and appreciation.

Here, I thought I was the one giving, but I received a great deal more than I gave.”

Rand Paul’s speech at Howard U: Students call him, Tea Party, and capitalism racist

Two students who interrupted Senator Rand Paul‘s speech at Howard University with accusations of racism told Campus Reform that they also consider the Tea Party, opponents to national health care, and capitalism to be discrimination against minorities.


Rand Paul Speaks At Howard University Part 2

Senator Rand Paul (R-KY) spoke to students at Howard University about Republican Party’s outreach efforts to young people and minorities. He detailed the party’s historical opposition to slavery and support for civil rights, and why he believes Republican positions on school choice and government regulation should appeal to African Americans. He also talked about some issues that he believes the Republican Party needs to reconsider, including mandatory minimum sentencing, drug laws, and aspects of national security.


How to Leverage Trillion Dollar Black Spending Power

AFRICANGLOBE – A coalition of Black media owners, professional and political organizations are calling on African American consumers across the nation to begin immediately to redirect a minimum of $20.00 per week in spending to Black-owned businesses.

The initiative being called “The Million Dollar Black Spending Power Campaign” is being organized by local groups in a number of key cities. It’s projected that even with minimal support this effort may turn one million dollars per week back into predominantly Black communities throughout the country.

The initiative is the brainchild of Bob Law, longtime radio personality, entrepreneur and community activist, who recently sent an open letter to the Congressional Black Caucus, highlighting the assault on Black-owned radio and requesting the CBC to bring the matter to the attention of the FCC and the full Congress.

via How to Leverage Trillion Dollar Black Spending Power.


What Happens To You When You Hurt Others | Healthy Black Woman


People sometimes find themselves in a situation where they don’t quite fit in, and they are cast aside by others that do. It hurts that person’s feelings to know they are being pushed away from others. A new study finds that it also hurts the people doing the pushing, as it is not in our nature to exclude others.

via What Happens To You When You Hurt Others | Healthy Black Woman.

Pelosi Backs Bill That Would Raise Minimum Wage To $10 An Hour | ThinkProgress

Raising the minimum wage to $10.10 would bring it in line with its historical borrowing power, which peaked in 1968, and indexing it to inflation would prevent Congress from having to repeatedly raise it to keep up with rising costs. The current wage would be $10.40 had it been indexed to inflation in 1968.

via Pelosi Backs Bill That Would Raise Minimum Wage To $10 An Hour | ThinkProgress.


Obama to meet with Republican senators over budget | Reuters

(Reuters) – President Barack Obama plans to meet with several Republican senators for dinner on Wednesday as part of his effort to revive talks to tackle the nation’s long-term deficit, a congressional aide confirmed.

via Obama to meet with Republican senators over budget | Reuters.


Obama Asks Governors for Sequester Help : Roll Call News

President Barack Obama answers questions from ...

President Barack Obama answers questions from the National Governors Association in the State Dining Room of the White House, Feb. 22, 2010. (Photo credit: Wikipedia)

President Barack Obama on Monday called on the nation’s governors to lobby their respective congressional delegations to prevent the looming sequestration cuts set to kick in Friday.

At the annual gathering of the National Governors Association, Obama urged the bipartisan group of state executives to review the state-by-state reports issued by the White House Sunday outlining how the more than $1 trillion in across-the-board cuts would affect their constituents. Obama also addressed state and federal partnerships in infrastructure and education.

via Obama Asks Governors for Sequester Help : Roll Call News.

White House not “hopeful” sequester will be averted – CBS News

Senior administration officials do not expect the spending cuts to be averted; they expect them to happen.

“It doesn’t look hopeful that we will resolve this before Saturday,” said one senior official who briefed reporters Tuesday afternoon.

The White House does detect some differences emerging among Republicans and pointed to comments from Sen. Lindsey Graham, R-S.C., and Rep. Scott Rigell, R-Va., who flew with President Obama to Virginia on Tuesday.

via White House not “hopeful” sequester will be averted – CBS News.