According to the Associated Press (AP), the year 2009 saw the highest
number of Ponzi schemes in recent years. In fact, the number of Ponzi
schemes discovered in 2009 (the latest figures available) nearly
quadrupled the numbers a year earlier. One of the latest was committed by a man who billed himself as the youngest Black CEO of a public company.
There seems to be one segment of the American population that is making strides in the job market--Black women. According to the latest numbers from the Bureau of Labor Statistics, since December, Black women have shaved more than 3 percentage points
off their unemployment rate, from 13.9 percent to 10.8 percent. That’s
the biggest decrease during the last five months for any single
demographic group broken down by race, sex, and age.
Texas A&M University is the sixth-largest university in the United
States, and is one of six United States Senior Military Colleges. Its
Corps of Cadets is America's largest uniformed student body outside the
service academies. Members of the Corps have served in every U.S. armed
conflict since 1876. The Corps is composed of three Air Force Wings,
three Army Brigades, two Navy and Marine Regiments, and the Fightin'
Texas Aggie Band.
Radio pioneer Harold "Hal" Jackson, a staple of New York radio, has died. He was in his late 90s. Jackson died Wednesday in a hospital, said Deon Levingston, vice
president and general manager at WBLS, a station owned by Inner City
Broadcasting, which Jackson co-founded.
The list of African-Americans in support of President Obama’s stance of gay marriage continues to grow. The NAACP has
joined the growing list of members of the Black community who have come
out in agreement of President Barack Obama’s radical decision to support
gay marriage two weeks ago.
“To hear the Republicans tell it, from the
second President Obama took his hand off the Bible taking the oath of
office, everything that happened after that was his fault. I’d like to
see any of you get behind a locomotive going straight downhill at 200
miles an hour and stop it in 10 seconds.” -- Former President Bill Clinton
Michelle LaVaughn Robinson Obama is our nation's first African-American First Lady
of the United States. Wife of our incumbent and 44th President of the
United States, Barack Obama, she is also mother to two daughters --
Malia Ann, soon-to-be 14-years old and Sasha, age 11.
President Obama surprised many Americans this month as the first sitting
President to announce his support of same-sex marriage. While Obama's
staunchest critics believe he has risked alienating many of his
African-American supporters, his supporters reject this notion.
The co-founder of one of America's largest Black-owned banks, Alvin
Boutte Sr., has died. He was 82. Boutte was one of the country's most
influential Black businessmen. The bank he helped launch, Independence Bank, at one point had total assets of $145.7 mil.
Dr. Manning Marable, who died shortly before his biography “Malcolm X: A
Life of Reinvention” (Viking) was released last April, was awarded the
Pulitzer Prize in History on Monday. The book, which has been the source of much controversy, was moved from the biography category by the Pulitzer board.