Do you know the details of the new credit card legislation signed by President Barack Obama? Well, now you will have all the facts. Dr. Boyce Watkins, a Finance Professor at Syracuse University, breaks down the credit card legislation in this video. Americans are experiencing massive amounts of default in the current financial crisis, and African Americans are the greatest victims of the economic downturn. Black unemployment has reached 15%, which is nearly double the rate of unemployment for white americans. This massive black unemployment has impacted African American family finances nation-wide.
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By: Trudy Buck on 11/23/2009 7:29AM
Dear Dr. Boyce,
I just wanted you to know that after watching your video about D L Hughley I was so intrigued. You hit the nail right on the head. I am a Black Female American fifty-nine years young, and all I could think about when I watched his show was This man is a real as you can get "Sell Out!" I mean from the time he came on until the time he went off. All CNN wanted to do with this cat is to use him for just a small period of time to ridecule, mock, scorn, and diabolically destroy any since of Togetherness of Human Closeness and Closenittedness the African American Community would ever have or ever hope to have. This guy was really made a fool out of if ever I saw one. I truly do hope he enjoys whatever they paid him, because no matter how much it was, trust me it was Not Enough!
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By: Trudy Buck on 11/23/2009 7:25AM
Dear Dr. Watkins,
I wholeheartedly agree with you about Mr. Cosby. First of all I want to say this as an older American African widow woman, is this. I really don't and have not too much respect for bill cosby at this point in my life. My reasons for saying this is simply because of his steady browbeating less fortunate and poor black people about getting an education when in fact there is no one browbeating him about his voyagisms, his infidelties, his immoralities, his misuseage of his financial gain, his most certainly Poor Disdained Cavalier Illicit Affairs in his young and old age. If you are going to tell someone something for their good, then tell them at least in some sort of humility when you know you have difficulties of Lack in your life as well! Being poor is comes in many different forms. And Cosby's for of poverty is in his immoralities. Case and point! I undersand that when he in facts makes comments to women other than his wife concerning disrespectful attempts to being with them, he often uses his money to berate and belittle them first before he asks them to go to bed with him. So what has/is his money doing for him. Is that what success with money does to people? And yet I know poor men and women who do not have no way near as much money as this man has, or even so-called education, but they don't use what they have in terms of love, morals, goodheartedness to demean or desicrate others becaue they do not have what they have. So mr. cosby my prayer for you is to take a long good look in a mirror and be honest when you do, and then just then maybe you won't be so very hard and insesitive and uncompassionate about what you call "Poor Black People!" You might even find after you look with The Truth of seeing just who you are not, you may want to come at us "poor blacks" with a different perspective. Because all the money in the world will never ever buy you, your hurting wife, and your displaced baby daughter true joy or happiness. Respectfully submitted by One Poor Black Widow American Woman. And In no way am I angry or have ever had any dealings with mr. cosby in no way at all. I don't even know him, other than just seeing him on TV. This is just my perspective of what I have heard from him and others who have had dealings with him.
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