In this episode of Financial Lovemaking, Dr. Boyce and S. Tia Brown discuss Mel Gibson’s Half billion dollar divorce. Click the image to watch!
Wednesday, April 22, 2009
Saturday, April 11, 2009
Dr Boyce Watkins explains to Farai Chideyah at NPR How Madoff Made His Money
Dr. Boyce Watkins explains to Farai Chideyah how Madoff got away with stealing $50 Billion dollars in the largest Ponzi Scheme in American history. Click the image to listen!
Dr Boyce and George Kilpatrick Discuss Blackademia
Dr Boyce Watkins and George Kilpatrick discuss money, scholarship and Dr. Boyce’s bureaucratic battle to make history at Syracuse University.
Click the image to listen!
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Friday, April 10, 2009
Billy Hawkins: Are Black Athletes Driving Ms. Daisy Again?
Dr. Billy Hawkins, University of Georgia
Excerpts from the forthcoming book – The New Plantation: The Internal Colonization of Black Male Athletes
It should not take a long stretch of the imagination to see how Black male athletes contribute significantly to the athletic labor class at predominantly White National Collegiate Athletic Association Division I Institutions (PWI’s); thus, to the overall bottom-line of the revenue generated. Their presence as starters and their representation on the top football and basketball programs in the country speak volumes to PWI’s need for Black male athletes. Tables 1 &2 illustrate the contribution Black male athletes make for some of the top athletic programs in the nation.
Within this current economic configuration, another area to consider is the contribution Black male athletes are making towards “Title IX sports”[1]: those sports that are added to meet gender equity requirements, which undoubtedly are played mostly by White women (e.g. rifle, golf, equestrian, rowing, bowling, and lacrosse). According to Welch Suggs:
…Only 2.7 percent of women receiving scholarships to play all other sports at predominantly white colleges in Division I are black. Yet those are precisely the sports – golf, lacrosse, and soccer, as well as rowing – that colleges have been adding to comply with Title IX.[2]
Therefore, since Title IX has provided very limited opportunity for Black females but additional opportunities for White women to compete and Black male athletes make-up the greater percentage of the revenue generating sports that contribute to athletic departments’ revenue, and thus their ability to support these additional sports, a reoccurring historical relationship between the White female and Black male has been resurrected. I refer to this contribution and connection as the “Driving Miss Daisy” syndrome.
Wednesday, April 8, 2009
Dr Boyce Watkins: Black Male Athletes and the NCAA
Dr Boyce Watkins, Finance Professor at Syracuse University, tells BBC World News that the NCAA has done a terrible job of seeing to it that African American players graduate. He also explains the massive multi-billion dollar wealth extraction taking place via college sports. Finally, Watkins mentions that the NCAA does a poor job of allowing Black coaches the chance to coach the sport to which Black males give so much. Click the image to listen!
Wednesday, April 1, 2009
Dr Boyce Watkins: John McCain Wants to Pardon Jack Johnson, why?
Dr Boyce Watkins
I just saw an article in which Senator John McCain recently wanted to pardon Jack Johnson, the first black heavyweight champ in American history. His actions confuse me, as McCain was one of the last holdouts on the Martin Luther King holiday a few years ago. Also, McCain would not like Jack Johnson if he were alive today, for his spirit of defiance of America’s 400 year commitment to racism is similar to the one that scholars such as myself carry today. In other words, we are his ideological grandchildren, and John McCain doesn’t like people like me.
I find men like McCain to be even more perplexing because they are the first to get in line to support symbolic gestures, such as pardoning a man who was convicted nearly 100 years ago, but are happy to endorse tougher sentencing laws and more prisons which incarcerate hundreds of thousands of Black men today. It has been statistically proven that, beyond any doubt, Black males are more likely to be incarcerated for the same crimes, less likely to have adequate counsel and more likely to receive longer sentences for these crimes. Now, we are in an era in which American corporations own stock in prisons and have a profit motive for excess incarceration, which is incredibly dangerous. What’s worse, millions of families are destroyed by the justice system endorsed by John McCain, with these men finding insurmountable institutional hurdles to their re-entry into society.
I grow weary of those who chastise Black men for speaking out against racism, yet show up to sit in the front row of every Martin Luther King Day function. There are even those in my own university who once hated Jim Brown and love him 30 years later. All the while, they hate Boyce Watkins without realizing that he and Jim Brown come from the same tradition. Such reactions show that history only repeats itself and that some Americans are quick to follow the lead created by their forefathers.
Perhaps dead Black men are the ones McCain is willing to pardon first, since they cause him the least trouble. But the truth is that rather than hating us while we’re alive and honoring us in death, you’d be better off showing enough vision and open-mindedness to respect our point of view in the first place. That is supposed to be what America is all about.
Rest in peace Jack Johnson. I gave you a pardon long ago.
Tuesday, March 31, 2009
Dr. Boyce Watkins: NCAA Hypocrisy Shows It’s Ugly Head….Again
Sources says that John Calipari from U. Memphis is close to inking a 6-year, $40 Million dollar contract to sign with the University of Kentucky. Not only does this contract steam me because Kentucky is my alma mater, but it is indescribably unethical for a professional sports league like the NCAA to spend this kind of money and then simultaneously claim that it cannot afford to share revenues with the families of basketball and football players.
I love when these deals are signed, since it reminds the public of just how hypocritical the NCAA happens to be.
Technorati Tags: ncaa,john calipari,paying college athletes,pay for play,black news,african american news,racism
Sunday, March 29, 2009
Bill O’Reilly Loses a Major Corporate Sponsor
After the national protests by YourBlackWorld.com, ThinkProgress.org and ColorofChange.org, UPS is finally getting the point. Recently, the company sent out an email stating that they are no longer going to advertise on The O’Reilly Factor.
Bill O’Reilly harassed Dr. Boyce Watkins last year in an effort to have him fired from Syracuse University for speaking against his racism during the Obama Campaign. Watkins had also called for a boycott of Bill O’Reilly’s corporate sponsors. Keith Olbermann later supported Watkins, stating that O’Reilly’s attacks were unwarranted and that everything that Watkins said was true.
Read the email below:
Thank you for sending an e-mail expressing concern about UPS advertising during the Bill O’Reilly show on FOX News. We do consider such comments as we review ad placement decisions which involve a variety of news, entertainment and sports programming. At this time, we have no plans to continue advertising during this show.
Saturday, March 28, 2009
Black News: Black History Loses a Major Soldier
John Hope Franklin, one of the most prolific and well-respected chroniclers of America’s torturous racial odyssey, died of congestive heart failure Wednesday in a Durham, N.C., hospital. He was 94.
It was more than Franklin’s voluminous writings that cemented his reputation among academics, politicians and civil rights figures as an inestimable historian. It was the reality that Franklin, a black man, had seen racial horrors up close and thus was able to give his academic work a stinging ballast. Franklin was a young boy when his family lost everything in the Tulsa race riot of 1921. The violence was precipitated by reports that a black youth assaulted a white teenage girl in a downtown elevator. In the end more than 40 people died, mostly blacks, although some reports put the death total much higher.
Franklin was among the first black scholars to earn prominent posts at America’s top — and predominantly white — universities. His research and his personal success helped pave the way both for other blacks and for the field of black studies, which began to blossom on American campuses in the 1960s.
Baltimore Sun Times – Dr. Boyce argues for NCAA Reform
The voice on the other end of the phone is passionate, and he’s becoming more passionate by the second. His words grow louder and they fly out faster.
“I grew up in the streets,” he says. “I’ve seen pimps in action. I look at the NCAA and I say, ’Wow, these guys would make excellent street pimps.' What they say -- and I mean this in all seriousness - is what a street pimp would say to a prostitute.”
This isn’t some radio shock jock speaking. Dr. Boyce Watkins is an assistant professor of finance at Syracuse University. He’s in town tonight, delivering a lecture at Loyola College titled, “The Business of College Sports: Is the NCAA Playing Fairly?”
I ask him to explain tonight’s message a bit.
“The model under which the NCAA currently operates was designed without excessive commercialization in mind,” Watkins explains. “Since that time, you see where this amateur sports organization has become effectively a professional sports league that refuses to pay its employees.”
Ahhh, one of those you’re thinking. Kick sports off campus! Tear down the arenas! Set flames to the football field!
But Watkins insists he isn’t against college sports. In fact, he loves them. So I feel a bit better. See, March always brings about conflicted emotions. I love filling out the brackets and love following the tournaments -- even though there’s an undercurrent of hypocrisy, unfairness and disparity that fuels the whole show.
I admit: For me, there’s a sense of guilt.
The NCAA is in the middle of an 11-year, $6 billion contract with CBS to broadcast tournament games. Coaches on the sidelines make seven figures a year, even though no one’s tuning in because they want to see what color tie John Calipari’s wearing. And shoe companies are pouring money into universities across the country by the truckload -- but the kids who have to wear the shoes don’t see a dime of it.
Thursday, March 26, 2009
Genma Holmes: Roland Martin’s Interview with Ben Jealous
Roland Martin, political correspondent for CNN and The Tom Joyner Morning Show, interviewed NAACP's CEO Ben Jealous about the law suit against Wells Fargo and several other banks for institutionalized racism. Mr. Jealous addressed the records that banks must make public about their lending ratios. Jealous stated that many of the blacks applicants were put in subprime loans that actually qualified for conventional loans. Jealous also stated that African American were target specifically for this type of discriminatory practices.
I read the lawsuit several times prior to my posting several weeks ago but I thought it would be interesting to pull out several key points of the lawsuit to further expand on my original post.
The suit states:
5. Wells Faro Bank, N.A. and Wells Fargo Home Mortgage, Inc target the African American community by capitalizing on their relative lack of experience in dealing with banking institutions and mortgage loans. Upon information and belief, Wells Fargo Bank, N.A. and Wells Fargo Home Mortgage, Inc. are aware of the African American Community's susceptibility to predatory lending practices, but nonetheless engage in policies and procedures that they know will result in African Americans being steered toward less favorable loans.
6. Indeed, in 2006, the Center for Responsible Lending, a non-profit research organization, found that even when income and credit risk were accounted for, African American were still 31% to 34% more likely to receive higher rate subprime loans, and that the disparities between them and Caucasians with the same risk factors were "large and statistically significant."
These particular points intrigued me more so than others in light of recent charge to hold folks Accountable by Tavis Smiley. Again this is not a personal attack of Tavis, only a charge to him to do his research and get back to the community that he often admonishes to educate ourselves on the issues, to know all the facts, and to dig deeper in our pursuit of being empowered.
Section 11. states The NAACP brings this class action lawsuit seeking declaratory and injuctive relief based upon the Fair Housing Act, Equal Credit Opportunity Act, and the Civil Rights Act.
Wednesday, March 25, 2009
Dr Boyce Watkins wages Campaign for NCAA Reform
Here is the schedule for coming media appearances related to the call for NCAA reform by Dr. Boyce Watkins, Finance Professor at Syracuse University.
Boyce Watkins to discuss NCAA and Black athletes on WBCP Radio, Champagne, IL - 3/27/09
Boyce Watkins to appear on Gtown Radio - 3/26/09
Dr. Boyce on NPR to discuss NCAA - 3/26/09
Dr. Watkins to appear on XM Satellite Radio - 3/27/09
Dr Boyce in the Baltimore Sun-Times - 3/25/09
Dr. Boyce discusses the NCAA at Loyola College in Maryland - 3/24/09
Technorati Tags: black athletes,black news,black scholars,african american news,african american scholars
Tuesday, March 10, 2009
Monday, March 9, 2009
Obama’s Fear Language Might Kill the Economy
By Dr. Boyce Watkins
www.DrBoyceMoney.com
Let’s be clear: This recession has become President Barack Obama’s personal War on Terror. Like the War on Terror, the enemy is evasive, the challenge is global, international cooperation is necessary, and the battle is unlike any other in our nation’s history. Wars are good for political business: when people get scared, politicians get a blank check to fulfill their legislative agenda. After 9/11, President Bush used fear to get the entire nation to sign onto the Patriot Act, and years later, we are wondering if someone is going to tap our cell phones and illegally imprison us for not eating our Freedom Fries. Bad legislation is like an STD: you can pick it up with a snap decision, but you pay the price for the next 20 years.
Dr Boyce Tells CNN that Chris Brown is Not a Monster
Click the image to watch the video. In this clip, Dr. Boyce Watkins appears on CNN to say that “Chris Brown is not a monster”.
Saturday, March 7, 2009
Boyce Watkins Talks Black Money with Essence Magazine
Dr Boyce Watkins, Finance Professor at Syracuse University, appears in the March issue of Essence Magazine to discuss money and investing in light of the 2009 Financial Crisis.
Dr. Watkins is one of the world’s leading experts in Finance and was the only African American in the world to earn a PhD in Finance during the year 2002. For more information, please visit www.BoyceWatkins.com.
Dr Watkins has been in Essence Magazine many times in the past, particularly due to his popular book, “Financial Lovemaking 101: Merging Assets with Your Partner in Ways that Feel Good.”
Saturday, February 14, 2009
Dr Boyce: Credit Card Companies Secretly Raising Rates
By Dr. Boyce Watkins
www.DrBoyceMoney.com
In case you weren’t sure, credit card companies are not out to help you. If you are financially illiterate and uninformed, they are going to exploit you. If you are worried about the financial crisis, they are going to prey on your fear to get money out of you. They are also doing exactly what the rest of us are doing: trying to remain protected in a fragile economy.
The stimulus is stymied. The bailout is a failout. The stock market has consistently given a “thumbs down” to every piece of legislation passed in response to this crisis. Our economy is like the sick man who won’t respond to antibiotics. While the results of the latest package are yet to be seen, the truth is that no one is sure what will work. Every company is out to protect their assets and hold on to their cash, which means they no longer have much interest in loaning money to you.
Yes, this is true even if you have a good credit score, which is the ironic part.
Customers are opening their monthly statements to find that credit card companies have started to either ration credit (give less of it) or raise the interest rate being paid on outstanding debt. This doesn’t even count all the dirty tactics used, like using your payments to pay off low interest debt first, quietly getting rid of the grace period or charging interest on your balance from the prior two months vs. the current one. Even when you’ve been making payments on time for years, banks keep raising the bar to maximize shareholder wealth. When liquidity is scarce, those giving out water demand a higher cost per bottle. Additionally, higher default rates have justified the increase in interest rates, but higher interest rates increase the likelihood of default. It’s a nasty cycle, really.
Lawmakers are trying to intervene. Congressional hearings have taken place. Banks are being scolded by senators who keep telling them that this form of business practice is unethical and that they are gouging the American consumer. All this might be true, but what is also true is that you can’t force banks to loan you money. Also, it is very difficult, if not impossible, to legislate a strong economy.
If you have a less than stellar financial history, there is an even greater opportunity for your credit card company to raise your interest rates. If you have defaulted on other loans or are a slow payer in other areas, then they have no problem telling you to pay up or ship out. The days of easy money are long behind us, and companies are dramatically shifting their business practices.
The bottom line is that THEY’VE GOT YOU. They know that you’ve become addicted to the debt they so readily offered in the past, and this debt has become the lifeblood for the lifestyle to which you’ve chosen to become accustomed. They know that they can charge you a higher interest rate because you can’t do anything about it. Like a drug addict who is angry about paying more for his product, you really don’t have any other choice.
Well, maybe you do.
Here is one solution: tighten your economic belt. That means putting together a financial fitness plan today that consists of getting rid of as much debt as possible. I’ve mentioned in prior articles and on our website that paying off debt can be one of the best investments you make with your money. This is especially true if you have a stable job and are paying a high rate of interest to your credit card company.
So, the Dr. Boyce Challenge for this month is simple: Create a budget which includes the steady elimination of credit card debt. That means you should list every single expense you have for the entire month on one piece of paper or a spreadsheet. Don’t leave anything out. Count the money you want to use for getting your hair done, your nails, paying your mortgage, car note, whatever. Count everything. That will be your first step toward obtaining financial fitness.
As you create the budget, allocate at least 10% of your monthly after tax income toward reducing credit card debt. So, if you earn $3,000 per month after taxes,$300 per month should be allocated toward removing credit card debt, not including interest. So, if you owe $5,000 in credit card debt, you can remove this debt in roughly a year and a half. While $300 may seem like a lot of money to find in your budget, it’s there if you look hard enough. In fact, if you spend $10 per day on lunch and/or coffee, you can find the bulk of the money by taking your lunch to work. Make this one of the first bills you pay, not the last. The last bill is the one that only gets paid half the time. It’s easier to negotiate with creditors if you don’t need them so much. Take small steps toward finding your financial freedom.
Next month, we will move to step 2 of the Dr. Boyce Financial Challenge. While I confess that this change won’t be easy, I can promise that it will be worth it in the end. Be strong and remain focused, this is your opportunity to shine.
Dr Boyce Watkins is a Finance Professor at Syracuse University and author of “Financial Lipo 101: From financial fat to fitness”, to be released in April, 2009. For more information, please visit www.DrBoyceMoney.com.
Friday, February 13, 2009
Black Sports: Michael Vick in Hot NFL Demand
by Jason Henry – www.BleacherReport.com
Let the Michael Vick sweepstakes begin.
In a report on ESPN.com today, Falcons GM Thomas Dimitroff stated that the team wants to trade away the rights of former quarterback Michael Vick. The team has taken small steps to rid themselves of the troubled player since his subsequent jail sentence in 2007.
The Falcons drafted Matt Ryan third overall in last spring’s NFL draft, and that pick has worked out well for the team so far. They made an impromptu playoff run last season and have not looked back.
Since the Falcons have been able to get past the Vick distraction, they are now ready to move on completely without him. But you may think, “What team in its right mind wants to trade for a former player that has been sitting in prison for the last two years?”
Try a team that is in desperate need of a quarterback or a difference maker on offense.
Let’s not forget that Michael took the Falcons to the NFC Championship game some years back, and they either led the league or were near the top of the league in rushing when he was under center. Your favorite team’s wide receivers may not like him, but your running backs will.
With Vick in the backfield, he opens up so many opportunities for your offense. He may not warrant being the starter for your team, but he can run a version of the wildcat offense and play a little receiver. Vick may be able to return punts and kickoffs if he gains a little more muscle when he comes back into the league.
But what teams would actually think about trading for him?
Thursday, February 12, 2009
Stimulus Battle May Threaten Obama’s Agenda?
It is a quick, sweet victory for the new president, and potentially a historic one. The question now is whether the $789 billion economic stimulus plan agreed to by Congressional leaders on Wednesday is the opening act for a more ambitious domestic agenda from President Obama or a harbinger of reduced expectations.
Related
Deal Reached in Congress on $789 Billion Stimulus Plan(February 12, 2009)
President Obama and Gov. Tim Kaine on Wednesday at a parkway project in Springfield, Va., that could get stimulus money.Both the substance of his first big legislative accomplishment and the way he achieved it underscored the scale of the challenges facing the nation and how different a political climate this is from the early stages of recent administrations.
While it hammered home the reality of bigger, more activist government, the economic package was not the culmination of a hard-fought ideological drive, like Lyndon B. Johnson’s civil rights and Great Society programs, orRonald Reagan’s tax cuts, but rather a necessary and hastily patched-together response to an immediate and increasingly dire situation. On the domestic issues Mr. Obama ran and won on — health care, education, climate change, rebalancing the distribution of wealth — the legislation does little more than promise there will be more to come.
In cobbling together a plan that could get through both the House and the Senate, Mr. Obama prevailed, but not in the way he had hoped. His inability to win over more than a handful of Republicans amounted to a loss of innocence, a reminder that his high-minded calls for change in the practice of governance had been ground up in a matter of weeks by entrenched forces of partisanship and deep, principled differences between left and right.
In the end, Congress did not come together to address what Mr. Obama has regularly suggested is a crisis that could rival the Great Depression. What consensus has been forged so far is likely to be tested in the months to come as he faces scrutiny over the effectiveness of the stimulus package and the likelihood that he will have to ask Congress for substantially more money to heal the fractures in the financial system.
So this was hardly a moment for cigars.
If this is the 21st-century version of Franklin D. Roosevelt’s 100 Days, Mr. Obama seems to be pursuing it more as an urgent but imposed necessity than as a self-selected mission.
While he has deployed his political capital freely to win approval of the package and to begin pushing his version of a financial-system rescue, he has left little doubt that he is eager to move on to the rest of his domestic agenda. At his news conference on Monday night, Mr. Obama said with a hint of exasperation that a costly economic rescue package “wasn’t how I envisioned my presidency beginning.” Regardless of the government’s budgetary straits, Mr. Obama has signaled that he sees his other signature initiatives not just as salvageable but as more urgent than ever.
Click to read more.Tuesday, February 10, 2009
Black Love and Black Relationships
Brought to you by The Great Black Speakers Bureau - The #1 Black Speakers Bureau in the world.
To get financial advice from Dr. Boyce, please visit www.DrBoyceMoney.com. To see video commentary from Dr. Boyce, please click here.
Dr. Boyce Watkins
FYI: I should be on the NPR show "Tell Me More with Michel Martin", a journalist for whom I have tremendous respect. We recorded today with Shelby Steele, a conservative scholar out at Stanford and another scholar named Jon Powell, at Ohio State. The conversation is interesting, and I recommend you give it a listen. You can learn more about the show at this link: http://www.npr.org/blogs/tellmemore/.
I also got another call yesterday from "The Big O"...yes, you know who I am talking about. Apparently, there is some interest in my Financial Lovemaking Book. I'll keep you posted on that one, since I am not 100% sure if my demographic matches that of the Great Ms. Winfrey. While I feel that Financial Lovemaking can work well for her audience, my alignment with the hip hop community may make for an awkward fit. The fact that I engage in critical analysis (meaning that no one is 100% good or 100% bad) means that I sometimes make enemies in this game because of my refusal to kiss anyone's butt too much. But I do give respect where it is due, and I consider Oprah to be an amazing role model for all of us. The same goes for President Obama.
In light of the fact that Valentine’s Day is coming, I was thinking about the whole idea of love. I must also admit that I thought about love when I noticed the singer Chris Brown might have ruined his career in this mad situation with Rihanna (apparently, there may be some abuse in that relationship, I’m not sure). Either way, I think that anyone who has been young and in a relationship understands how stupid and crazy things can happen. I’ve never considered Chris Brown to be a bad person. But he may have done a bad thing.
Seeing the huge loss that these two young people may have imposed on their lives (Chris and Rihanna), led me to reflect on love and what it means to me. Here is my personal perspective on love….love it or hate it (haha).
What Love Should and Should Not Be
By Dr. Boyce Watkins
I’ve lived a bit of life and made my share of mistakes. But as a professor, I am trained to learn from poor choices and grow from them. Most processes have a purpose and a pattern. If you think hard enough and honestly confront your failures, triumphs and observations, you can usually walk away with a bit of insight. The term “No pain, no gain”, can certainly be applied in the game of love, and I intend to gain from my own personal portfolio of blissful heartache.
So, I’ve come up with some “Rules of Love” out of respect for Valentine’s Day. It’s not scientific and not a fit for everyone. But it comes from the head, the heart and all the other body parts I can’t mention in this article. So, at least you know it’s sincere.
Love should be RESPECTED: One of the silliest things I see in some relationships is that people seem to be most interested in chasing the person who loves them the least, while kicking their greatest admirers to the curb. They choose the best option they can GET instead of the best option they’ve already GOT. There is something that people love about a challenge. It can be a natural instinct to equate kindness with weakness and easy access with a lack of value. Many of us are guilty of crying over the person who ignores us and ignoring the person who cries for us. Someone who gives you their heart can also take it away, so we must respect those who’ve truly earned it.
Love should be EXPECTED: Part of the reason that some of us spend our time chasing the loser who doesn’t love us is because deep down, we feel that someone who cares for us must be flawed or unworthy of our time. On the other hand, it is easy to feel sorry for yourself when you see that the one you usually want doesn’t want you back. The truth of the matter is that if someone disrespects the appreciation you are showing toward them, then they don’t deserve your love anyway. You should love yourself enough to walk away from those who choose not to treat you as you deserve to be treated.
Love should be given to YOURSELF: Part of demanding the love that you deserve is engaging in the difficult art of SELF LOVE. Many times, we look in the emotional mirror and see blemishes, flaws, faults, mistakes and the ugliest sides of who we are. Rather than greeting the world with our heads held high, we keep our heads down and hope no one notices that we are not as good as everyone else. Loving yourself is similar to learning to love another person: there is a point where you must simply accept the flaws. You must realize that you are no more defective and no more perfect than everyone else, and that you too deserve to be happy. If you can’t love yourself, then it’s damn near impossible to truly love someone else, since you are only offering them what you perceive to be damaged goods.
Love is meant to be CELEBRATED: I’ve admittedly never been able to fully grasp the concept of homosexuality, but I’ve never had a problem with gay marriage. One thing I believe is that love was created by GOD: that includes love between a man and a woman, a man and a man or a woman and a woman. There should not be religious, social or racial boundaries imposed on meaningful love, for we do not get to choose the shape, size or complexion of the package. When God blesses someone with such a powerful connection, this love should be celebrated by all of us and not judged or held in contempt. Melting someone’s halo of happiness by dousing it with a flood of hate is a counter-productive use of our time and a wasteful spiritual endeavor.
Valentine’s Day is meant to be YEAR ROUND: You should not need a special holiday to show someone you love them. You should tell them something good, positive, and affirming every time you see them, because this will make that person feel good. You should not need corporate America’s permission and some hyper-commercialized holiday as your excuse to show affection. I encourage you to say ten nice things per day to people you care about, which may include complimenting them on their clothes, their hair, their personality, their beauty or their presence. It will make them feel good and leave a lasting psychological impact. Our words are “emotional money” and we should be consistently making donations.
Love should be REFLECTIVE: The hardest way to get what you want is to selfishly pursue it, take it or relentlessly absorb it. That’s like waiting for your paycheck and never showing up for work. If you are in a truly loving situation, you get what you want by REFLECTING IT. If you WANT more success out of life, you GIVE more hard work. If you WANT better grades, you GIVE more time to the library. If you WANT more appreciation from your partner, you GIVE more attention and affection. If you choose to share your love with someone who deserves it, then they will give the love right back to you, with interest. Like a healthy economy, the cycle will become recursive and productive trade increases the value of each partner’s “Life Portfolio”. In pleasure, pain and everything in between, to get more, you must give more. You must also make payments in the currency deemed most valuable to your partner. There’s no way around that fact.
Love should be PRACTICED: Love is not just a feeling, an emotion, a whim or something that makes your skin shiver. Loving someone is a DELIBERATE ACT and a series of habits designed to sustain and maintain the relationship you have with one another. The work of the greatest writers in history was not always driven by inspiration and a desire to write…..sometimes, it was the act of sitting down each day and forcing themselves to write which eventually inspired them to do their greatest work. In other words, love is a series of proactive habits, choices and behaviors that correlate with your desire to have a meaningful and stable relationship with another person. It’s not something you just randomly “fall into” and “out of”…..it is something you choose to do.
Love should be CONTEMPLATED: When it comes to dating, I tell my daughter and God daughters the following: “If a man is not someone you can see raising your children, then don’t even go out on the first date.” They look at me like I’m crazy, but the point is simple: While you cannot easily choose to release yourself from the psychological grips of love, you have some ability to choose who you are going to fall in love with in the beginning. Most of us don’t meet someone and decide that we are going to be with this person for years. There is always the first glance, the first date, the first kiss, the first touch, and before you know it, you’re stuck in a situation that doesn’t make any sense to you. So, if you don’t start with point A, you can never reach point Z. This makes the most sense when you can see that point Z is not the place you want to visit with this particular person.
Love should be REMEMBERED: A big challenge for many young or single people (and even those who are married) is that we spend our time chasing the love and affection that is most intriguing to our hormones, while ignoring the love that is most tried and true. A man might spend hours on the phone with a pretty lady who doesn’t even like him, but simultaneously ignore his grandmother who would gladly give her life for him. Valentine’s Day is not just the day you send “sweets to your sweetie”. It is also the day you shower love on your mother, brother, sister, father, best friend, homeboy, children, grand parents and all the people who will love you long after your sweetie has become sweet on someone else. In the city of love, new buildings are shiniest and most appealing. But the older buildings are the sturdiest and most enduring.
Love is LIFE: Not only does the act of love create and sustain life, it is also the greatest part of our journey through life. We may or may not remember or be inspired by our professional or educational achievements, but we have an immediate and powerful emotional reaction when we reflect on the love we’ve experienced over the years. Thinking about children, family or ex-lovers can create an emotional response that can’t be matched by a corporate job or advanced degree. I tell my students that one of the most important decisions they will ever make is who they choose to spend their lives with. I’ve seen many people drive themselves down the path to hell by choosing to share their love with someone who deserves it the least. Like the most amazing roller coaster, the journey of love is long, complicated, exciting, scary and fulfilling. So, while we’re on this journey, we should make sure we turn on the GPS.
Happy Valentine’s Day and I hope this day inspires you to find the love that exists in your life. It’s all around you if you learn to look for it. Even in an economy like this one, the love in your life can make you a billionaire.
Dr. Boyce Watkins is a Professor at Syracuse University. For more information, please visit www.BoyceWatkins.com.
Sunday, February 8, 2009
Friday, February 6, 2009
My Respected Colleague, Dr. Marc Lamont Hill
Dr. Marc Lamont Hill is a noted author, columnist, professor and member of the growing body of “Hip-Hop Intellectuals” in the country today. Giving voice to topics ranging from hip hop culture, politics, religion, sexuality and education, Dr Hill has become a much needed voice and representative for the African American community. His series of articles, ‘ Why Hip-Hop Sucks’ have sparked healthy debate within the hip hop community, holding a mirror up to music artists and consumers in attempts to improve our current state. Named as one of America’s top 30 Black Leaders Under 30 years old byEbony Magazine, Dr. Marc Lamont Hill is indeed an intelligent, powerful figure with purpose and reason, the makings of a great leader.
Q: You consider yourself to be a Hip-Hop intellectual, what does that mean?
For me, the term “hip-hop intellectual” means several things. First, it means that my intellectual calling is prompted by the particular and often unique conditions faced by the hip-hop generation. Also, the term reflects my desire to link hip-hop culture, which is often seen as anti-intellectual, to a long and deep tradition of engaged intellectual activity. Finally, the term speaks to the ways in which hip-hop language, aesthetics, and values shape the way I approach my work.
Q: The Hip Hop generation has often been referred to as the “Lost Generation.” Do you believe this is true?
Oh God no! As every generation reaches maturity, there are people who talk about how corrupt, unmotivated, anti-intellectual, and hopeless the next generation is. Nevertheless, in spite of all the moral panic, that next generation manages to thrive and advance our struggle. The hip-hop generation is no different. Do we have our issues? No doubt. Do we have shortcomings? Of course. But those issues and shortcomings don’t mark our inferiority. Instead, they spotlight our humanity and define our agenda.
Q: Has Hip Hop become a scapegoat for many of the social problems that have arisen within the Black community?
No doubt. Every time a social issue gets raised, particularly one that implicates White people, hip-hop gets thrown into the mix. Don Imus disrespects the Rutgers girls and everyone is talking about Snoop. Dog Chapman uses the N-word and media commentators are bringing up 50 Cent. This is not to say that we shouldn’t challenge hip-hop artists to do better. On the contrary, we must demand that the hip-hop community set a better example for ourselves. Nevertheless, it is both naïve and disingenuous to suggest that the evils of the world start and end with hip-hop. For example, it’s safe to say that Don Imus didn’t get the term “nappy headed hoes” from watching BET. That type of hatred comes from a deeply racist worldview that existed before hip-hop was conceived. At the same time, we need to demand that BET stop calling us “nappy headed hoes”
Q: The Hip Hop community often perpetuates the stereotypes that we are continuously fighting against. Where does this stem from? Is it a lack of education, rebellion or claiming ownership over what is negative in an attempt to make it positive? For example, the use of “N” word.
It is important to remember that Black people have always struggled to reclaim, reshape, and rearticulate the things that have been so viciously used to undermine our existence. For example, Black people have always used the N-word in ways that were deliberate, thoughtful, and redemptive. The problem, however, is that our culture has been bought and sold in the open market. As a result, much of the complexity and nuance that used to accompany our use of “nigger” or a conversation about “snitching” have been reduced to sound bites and slogans. Such a space dilutes the conversation into something that is politically impotent or, in the case of the n-word, counter-productive and dangerous. This circumstance isn’t the result of Black ignorance, but an inevitable part of contemporary capitalist culture, which reduces everything and everyone to dollars and cents.
Q: There is a saying that goes “we should not follow the bouncing ball, but look at the one throwing it.” Should Hip Hop take the blame for disparaging remarks made by people such as Don Imus, Michael Richards and Duane “Dog” Chapman?
Yes and No. Whenever Black people have moral authority, we are better equipped to challenge the evils of the world. If we demonstrate self-love and an ethic of responsibility, it is considerably easier to challenge White supremacy and the things that emerge from it. Nevertheless, we are fooling ourselves to believe that racism can be eliminated from society if Black people “just act right.” After all, it wasn’t good behavior that ended slavery, Jim Crow, or Apartheid. Why? Because those things didn’t start because of bad behavior. This is why I get so frustrated when people suggest that hip-hop “confuses” White people into thinking that they can call me a “nigger.” If White people are that confused by hip-hop’s use of the n-word, why don’t they take note that Eminem, the pre-eminent White rapper of the day, never uses the n-word in his music?.” In reality, Imus, Richards, and Chapman knew quite well that Black people would be offended by their remarks. They also know that there’s a tradition of racism in this country that would protect them by allowing them to blame Jay-Z or Souljah Boy for their remarks. Still, I’m not trying to say that black people shouldn’t take responsibility for their own behavior. For me, the answer is for Black people to continuously challenge ourselves to do better at the same time that we acknowledge the pervasiveness of anti-Black racism in America. From this position, we can demand the best from our people without taking the blame for White misdeeds.
Q: When asked about the lyrical content of some of her songs, female rapper, Remy Ma said “I’m not here to raise anybody’s children”. We’ve gone from it takes a village to raise a child to disclaiming all responsibility. Is there such a thing as having free creative expression that is not offensive?
The question for me isn’t “should artists be able to make offensive music?” but “should artists want to make offensive music?” I have no desire to censor artists. After all, they have always told the most important, profound, and unwelcome truths within the public conversation. To me, the goal is to create a world where the degradation and destruction of Black people is no longer entertaining or profitable. This type of project is far different than censoring language or begging artists to be role models. What I’m talking about is the complete reconfiguration of a world that views Black bodies as inferior, worthless, and disposable. That said, Remy Ma and others must acknowledge that their work affects the values, beliefs, and self-esteem and millions of people around the world. To ignore that reality, even if they don’t like it, is to jeopardize the lives of the very people who make them who they are.
Q: Let’s talk about the images of women in Hip Hop. How do we, as a community, go about reinforcing positive images of women?
For me, the key to constructing positive images about women is to acknowledge their complexity. Instead of locking women into the “Bitch/Queen” binary, where every women is either hoe of the year or the Virgin Mary, we must acknowledge that women have legitimate perspectives, interest, and desires that must be taken seriously. On a concrete level, we must stop supporting television, radio, and magazine outlets that project dangerous images of women. Again, we must take the profitability out of degradation.
Q: Some people believe that Hip Hop culture is not Black culture. Rather it’s a street culture. Do you believe this, and if so, do you feel that the Black community has been wrongly targeted?
Hip-hop culture is a quintessentially Black culture: it emerged from the rubble of oppression and marginality and, without any help, fashioned itself into something that changed the face of American society. Now that very thing is being sold back to us and used to justify our suffering. If that isn’t a Black thing, I don’t know what is. Of course, there is more to Black culture than hip-hop. We can also look to a million other places, such as the church and gay ballroom scene, for other representations of Black culture.
Q: Is there a “street” element to hip-hop?
Of course. In many ways, this is what gives hip-hop its distinctive character. It is a culture created by people from the bottom of society. Unfortunately, many Blacks resist this association because they fear that it represents and reinforces the most vicious stereotypes about Black people that have operated against our interests. While I’m sensitive to this concern, I refuse to be prisoner to it, particularly because it is rooted in an unhealthy preoccupation with the perceptions of White people. Instead I accept hip-hop as quintessentially Black. This doesn’t mean that I don’t critique it. By the same token, I don’t allow the sexism, homophobia, and growing consumerism of the Black church to stop me from embracing it as part of our culture.
Q: There has been a shift in values over the last fifty years. The African- American family’s traditional values have been based on working hard, keeping family together and having a strong religious backbone, however in this day and age we have adapted a “get-over” approach in order to get rich quick. Do think this is one of the reasons Hip Hop is in a state of distress?
Again, I think that it is dangerous to link this description to Black people exclusively. In reality, all of America is divorced, in debt, increasingly secular, and obsessed with a “get rich or die trying” ethic. In many ways, hip-hop does reflect this sensibility in the same way that mainstream reality television or Paris Hilton does. At the same time, we cannot allow this to be an excuse for avoiding the hard work of making music that uplifts our condition rather than exacerbates our misery. Black people weren’t in great shape during Jim Crow or slavery, yet our music was much different. It’s not that we didn’t discuss, critique, or reflect our situation back then. But our dominant impulse wasn’t to glamorize the very things that were holding us down. Unfortunately, the combination of White supremacy and market forces are so overwhelming that Black suffering is a billion dollar industry. As a result, much of the quality music that gets made is limited to the underground or completely ignored. It is within this space that hip-hop suffers the most.
Q: Lastly, there have been many debates over the issue of snitching. Is the Hip Hop community valid in honoring the street code of not saying anything?
For me, the key is to make a distinction between snitching and witnessing. In an era of increased police terrorism, mandatory minimums, and judicial corruption, the hip-hop community is absolutely right to warn against snitching. For example, if a prosecutor encourages a convicted felon to trade information for a reduced sentence, that felon is likely to lie in order to better his or her position. This is snitching. This is what the “Stop Snitching” movement was about. At the same time, children are being raped or murdered in the streets, the person who reports good information isn’t a snitch, but a civically responsible witness. Unfortunately, once this system got reduced to a t-shirt and a slogan, it lost its complexity. As a result, we are now reinforcing an agenda that operates against our community in lethal ways.
Monday, February 2, 2009
Dr. Boyce Finance: Is there a good side to the recession?
By Dr. Boyce Watkins
I hate being the doctor who has to tell the patient he has cancer, but the truth usually sets you free (or so my mother told me): We are in the midst of an economic bloodbath. It’s tough to argue that an economy which shrinks by an annualized rate of 5% is still healthy. It’s hard to tell someone that 7.2% unemployment, with the most job losses since 1945, is a good thing. A 4,000 point drop in the Dow is nothing to sneeze at, even if you have plenty of tissue. Times are tough, we know that.
But if we focus hard enough, we might be able to find a few bright sides to all this. With hopes that no one chooses to kill the messenger, I am going to give it a shot.
1) It could always be much worse.
The United States has, according to some, the strongest economy in the world. Our economy could shrink like Rush Limbaugh’s body on drugs and still be disgustingly rich compared to the rest of the world. Don’t believe me? Consider the “fast-growing” Chinese economy, the one that everyone thinks is going to outpace the United States in the next few years. Our annual tax revenues are nearly 4 times greater than China’s ($2.5 Trillion vs. $670 Billion) and they have over 4 times more people than we do (300 million vs. 1.3 Billion). In other words, our per capita tax receipts are over 16 times greater than China’s. So, we’re far better off than most of the world, even when we’re broke.
2) If there were ever an argument for getting out of Iraq, this might be it.
It’s hard to declare war on random countries if you don’t have the money to do it. War is big business and attacking other countries is a huge financial investment. If you don’t think war is about money, then you may want to take a couple of Political Science and History classes. Perhaps these troubles at home will keep us from creating trouble abroad, since Americans have lost patience with irresponsible, arrogant war-mongering. The Obama stimulus plan is asking for over $800 Billion dollars to boost our economy. We’ve already spent nearly $600 Billion in Iraq. Rather than declaring War on Terror, President Obama has declared War on the Recession, which seems to be a far better investment.
3) If you want to buy cheap stocks or real estate, this is the time to do it.
When the market rises, everyone wants to buy stocks. People forget that you shouldn’t buy stocks when prices are high, you buy when the prices are low. Companies with plenty of cash are grabbing investment and real estate bargains that were hardly available a year ago. You should be doing the same if you can afford to do it. Investors who purchases stocks after major market declines tend to do much better than those who buy during booms. You hear me Warren Buffet?
4) Struggle makes us FOCUSED.
Although I tend to be a hardcore capitalist, a part of me misses the activism of the 1960s, when people cared about more than making a dollar. OK, I wasn’t around in the 1960s, but I’ve watched enough old movies. Going through tough times not only teaches one to pursue a higher purpose in life, it also leads individuals to more carefully scrutinize the state of affairs in our government. In fact, I dare to argue that the financial crisis was just what Barack Obama needed to secure his election over John McCain. Economic prosperity allows us the luxury of choosing our politicians based on silly issues, like gay marriage (as we did in 2004). When we are worried about putting food on the table, we look beyond the silliness and choose the most qualified and most intelligent person for the job (after ensuring that he knows Africa really is a continent). Finally, tough economic times make you more responsible in your own money management, as the threat of financial insecurity keeps us all on high alert.
Those are my points, so again, please don’t kill the messenger. I certainly do not celebrate a weak economy, but I am a firm believer that focusing too much on the door that shuts keeps us from appreciating the ones that just opened. There’s always light at the end of the tunnel, a pot of gold at the end of every rainbow, and….well, you get the point. It’s the toughness of tough times that make the good times good. Keep hanging in there, it’ll be ok.
Dr. Boyce Watkins is a Finance Professor at Syracuse University and author of “Financial Lovemaking 101: Merging Assets with Your Partner in ways that Feel Good.” For more information, please visit www.BoyceWatkins.com.
Saturday, January 31, 2009
Rev. Jesse Jackson, Boyce Watkins, Julianne Malveaux to discuss Obama Plan
Dr. Boyce Watkins, a Finance Professor at Syracuse University is planning to speak with Rev. Jesse Jackson on Keep Hope Alive Radio to discuss the stimulus plan recently released by President Barack Obama. The $819 Billion dollar plan just passed in Congress and is set to be presented to the Senate for final approval.
Dr. Watkins is a Financial expert and prominent Black Speaker, and will also appear with Dr. Julianne Malveaux, President of Bennett College for women, to discuss the plan. Watkins has written extensively about the Obama economic plan and finding ways to ensure that African Americans can get their piece of the economic pie.
"Obama might be a Black President, but he honestly can't say the word "black" within 100 feet of the White House," says Dr. Watkins, who is authoring a book on African American Wealth Building. "The truth of the matter is that Black people and poor people must ensure that they get a piece of this pie."
Thursday, January 29, 2009
AOL Black Voices And Boyce Discuss Money
Smart Money Tips With Dr. Boyce Watkins
Posted Jan 27th 2009 6:34PM by Alexis Stodghill
Filed under: Money Talks
By Alexis Garrett Stodghill, BlackVoices.com
Dr. Boyce Watkins is a renowned scholar and speaker in the area of finance. As an African-American financial expert, Dr. Watkins has made it his personal mission to educate our community through writing books and essays, making media appearances, public speaking and more -- so that we may become more empowered with knowledge when it comes to the all-mighty dollar. BlackVoices.com asked the doctor to share his wisdom and advice for folks seeking tips to successfully navigate the current economic storm. According to Dr. Watkins, it's still possible to get your finances in order -- in fact, it's imperative.
As a black finance expert, what is the most common problem you see in the black community when it comes to personal finance management?
The most common problem is that historically, African Americans have been excluded from the opportunity to build wealth. Money was made from our labor, but we never got much of it. That led to a laborer mentality in African-Americans that taught us how to go out and get jobs rather than learning the art of CREATING jobs. This problem was further exacerbated by the fact that building a company requires capital, which we typically don't have. Most African-Americans have far lower inheritance levels than whites, and this impacts your economic opportunities in life. Also, when you've never had much money, you are usually not very good at managing it, so we are as bad as the rest of America when it comes to our spending, saving, investing and borrowing habits.
How would you suggest that someone with little knowledge of personal finance get started on the road to financial stability?
First, get educated. Empower yourself with financial literacy. The greatest university in the world is called Google.com. You can research any topic you want. Secondly, start small. You don't have to conquer the world in two steps. Just start by saving 10% of your income. You might say you don't have money to save, but you actually do. If your boss came into your office and gave you a 10% paycut, you'd find a way to survive. Find a way to learn to save. Finally, get a "side hustle." Challenge yourself to find small ways to supplement your income. The riskiest thing to do in this economy is to get all of your personal income from one source.
You have two college degrees, a master's degree and a PhD. What would you say is the relationship between level of education and income?
Education not only gives you many opportunities to earn more money, you usually earn more money with less work, doing a job that you might actually like. Personally, education was the difference for me between being financially well off and living a life of poverty. Education also provides job security, which is often overlooked. Autoworkers, for example, were always able to make high wages with little education. But once the Big Three started to buckle, they were stuck with unskilled labor opportunities. Everyone should get as much education as they can get, since education can be a path to both a wealthy bank account and a wealthy life.
Would you share some tips for sound money management in 2009?
Yes.
-First, keep investing, especially in the stock market. When the market is low, that's the best time to find cheap stocks. Then hold on to your investments in a well-diversified portfolio (meaning, keep your money spread out). Before you know it, the downturn will have put money in your pocket.
- Learn to adjust your financial habits. Part of the reason we are in this mess is because Americans were borrowing too much money and working hard to live paycheck to paycheck. Get out of that habit, because the government is not going to be able to save us for much longer.
- Cut the toxins out of your life. If you have any bad habits or bad people draining you of your resources (a relative, a friend, or even yourself), renegotiate that relationship from one that is financially destructive to one that can be productive. For example, you may have to cut the financial umbilical chord from a dependent child, or tell that brother that he can't borrow money from you anymore. Cut the toxic energy out of your life so you can rethink your way of seeing money.
You have written extensively on love and money issues. What is your advice for best blending marriage and finances?
In 'Financial Lovemaking,' I tell couples to "find a rhythm." Merging your money is the same as merging your body (ie. sex): No one can tell you how to do it, since we all enjoy different things. You find out what your partner needs, share your own needs and then find a way to make the process comfortable and fulfilling for both parties. If your partner is a saver, then you need to respect that. Given that there is usually a deeply psychological reason that your partner is a saver, you are in serious trouble if you have habits that create financial instability in your relationship. Also, MAKE SURE you know what you're getting into: Many couples focus solely on love, lust, and physical appearance and spend almost no time observing the financial disposition and habits of their partners before making this major commitment. That is a recipe for disaster.
Before you commit your life, your future, your children and your money to someone, remember that LOVING together means LIVING together. If someone is financially irresponsible or brings a set of (what I call) "financial venereal diseases" into your life, it is going to be hard to live with them. You should check the debt levels, income levels and credit score of anyone to whom you choose to commit. Make sure they don't have any financially destructive habits, like alcoholism, drug abuse, gambling, or even the shopaholic's disease. Make sure that your financial values are in line with your partner's: For example, don't marry a woman who needs a $40,000 engagement ring if you think that a $500 ring should do the trick.
If you don't ask the hard questions, you can be locked into something with someone who literally destroys your life later down the road.
What is your opinion of the current recession? What is the best way to weather it?
The current recession may very well be the tip of the iceberg. There are serious long-term problems with our economy, and the break down of our financial system is merely a symptom of bigger issues. Additionally, this recession has a deeper problem. It is occurring during a time in which our global financial markets are integrated unlike at any other time in world history. That means that we are dealing with a problem of historic proportions on a landscape on which we've never operated.
The best way to cope with the recession is, in part, through what the government is already doing: Utilizing massive fiscal stimulus plans and encouraging global cooperation. Two other things they could have done are a) to have not wasted 700 billion dollars persuading Americans that Wall Street Bankers need to be protected, and b) to have spent more time helping Americans adjust their expectations.
President Obama seems to be trying to manage expectations, but he has already set the bar very high with his long list of campaign promises. The economic problem for Obama is that it will be extremely difficult to boost our economy back to where it was before, particularly since much of our financial gains over the past 7 years were illusions created through easy access to credit and a poorly regulated financial system. It's similar to an athlete on steroids trying to get off the drugs and then regain old form. It's very difficult to do.
On an individual level, I encourage families to remember that the government may not be there to take care of you in retirement. If you are not saving for retirement, it is critical that you do so. You should also find ways to structure care for the elderly in your family so that they are going to be OK. Also, tighten your own belts and get out of the habit of living from paycheck to paycheck. This is not a secure economy, and seemingly financially stable companies are disappearing overnight. The riskiest thing you can do in this economy is to get all of your income from one source. Find a way to make money from multiple avenues.
What has inspired you to come this far with so much self-determination, as a black man who was born to a single teen mom, then becoming a teen parent yourself?
I wake up every single day with a purpose. Dr. King and Malcolm X died young, so I never knew how much time I will have. But I am absolutely determined not to waste a single day and do all I can to help reshape what it means to be a black scholar and black leader in America. When I get emails from young people telling me that I've inspired them to change their thinking, then I know I've done my work. I know that I am not going to be on this earth forever, but I love the idea that I can impact people in such a way that the spiritual influence can last for generations.
I realized that most black professors are scared into being quiet on social issues, due to heavy political ramifications for speaking up. I also realized that many of us would rather sit in the ivory tower than to take our knowledge to the world. I never wanted to do that, and I've always felt that the role of the Black scholar in America is to use his/her knowledge to enlighten the world and uplift his/her people. That is my mission, and it is something I will continue to do until the day I die.
I also learned that it is not enough to be intelligent. You must be courageous and also sure of who you are. If you seek your validation from your historical oppressors, you will always end up chasing your own tail. Additionally, there are a long list of problems that need to be solved within our community, and it's up to all of us to do whatever we can to try and solve them.
Are there any words of encouragement or wisdom that you would like to share with the BlackVoices.com audience?
I realized a few things long ago that carry me to this day:
1) Success doesn't happen by accident. You must be deliberate with your actions and think carefully about where you invest your life, your love, your energy and your time. Everything must be proactive.
2) Extraordinary outcomes only come through extraordinary efforts. In life, you get what you give. So, if you want more, you must sacrifice more. You must be willing to do things no one else is willing to do, if you want to have things that no one else has. Never waste one second choosing to be ordinary.
3) Education is everything. Get as much of it as you can. Don't just become a student, BE AN EXTRAORDINARY STUDENT. Never let anyone tell you what to think. Keep your mind liberated so you can find truth and meaning in your endeavors.
4) The best way to get "pimped" is to spend your life trying to work for somebody else. Even if you are the highest paid slave on the plantation, you're still a slave, and you're still on the plantation. Get off the plantation and find a way to true wealth and prosperity. But don't get into the habit of worshipping money. Your goal is to live a wealthy life instead.
5) Keep BS out of your life so you can focus on achieving your goals. Most of us don't do half of what we plan to do because we spend all our time on silly, wasteful activities. There are 8,760 hours in a year and 168 hours in a week. You should budget your time the way you budget your money and not let anybody waste it.
6) Never allow yourself to be without goals. It's not where you are that matters, it's where you're going that determines where you end up. Always be aware of where you are going, and what you need to do in order to get there.
Keep a life full of purpose, and that will make every day worth living.
A
Sunday, January 18, 2009
Wednesday, November 5, 2008
Barack Obama: Why I am Proud of Him
Why I am proud of President Obama
by Dr. Boyce Watkins
I recall endorsing Barack Obama back when it was simply wishful thinking to hope for a Black President. During a CNN appearance over a year ago, I mentioned that his backing by Oprah Winfrey would change Obama from being “Hillary Clinton’s black baby brother” into a man who could run one of the most significant presidential campaigns in American history. This is one of the few times when I enjoy being able to say, “I told you so.”
President Obama is, quite simply, the Tiger Woods of American politics: another Black man of mixed heritage, who used the power of tremendous focus, creativity, intelligence and preparation to do the impossible. Like his counterpart Tiger Woods (who happens to be a Republican), Obama went into the domain of White males and dominated in ways that simply transcended his chosen field. Similar to the way that Tiger’s greatness attracted droves of fans who’d never cared much about golf, Obama brought in millions of voters who would never have cared much about a presidential election.
I am proud of Barack Obama for the way he ran his campaign. His amazing campaign strategy has changed the face of American politics for the next 100 years. He dismantled the “Death Star Clinton Regime” through the use of innovative, daring and powerful tactics, a sound choice of advisors and lots of good old fashioned intelligence.
I am proud of Barack Obama for liberating our minds. For the first time in quite a while, millions of Black boys had a chance to see an intelligent Black man consistently profiled in “mainstream” media. This man showed our kids that you can be a “balla” without dribbling a basketball and a major “playa” without being played. Greatness is not achieved with a football, a hand gun or a microphone; it is achieved with a textbook, a college diploma and a sound economic plan.
I was proud of Barack Obama long before he became our president. I don’t need validation from the rest of America to feel good about who we are as a people. We were just as great, just as strong, just as accomplished and just as meaningful on November 3 as we are right now. The presidential election is essentially a popularity contest which leads to uncomfortable tradeoffs and “deals with the devil” that reduce the glitter of addictive political gold. The respect I give Barack Obama for raising hundreds of millions of dollars to get access to the White House is matched by the respect I give Dr. Julianne Malveaux for raising tens of millions of dollars to educate young Black women at Bennett College. Being President of the United States is not what makes Barack Obama a great man: He is a great man because he is a great man.
I am proud of Barack Obama for marrying Michelle, who served as one of my primary reasons for trusting him. I have a hard time imagining a man who can sleep with Michelle Obama every night and not be influenced by her beautiful mind. Michelle Obama is not a “buppy” soccer mom, Stepford Wife, or wannabe Barbara Bush. Michelle is a super sharp and relentless “sistuh girl”, who demands the most of her African American husband. She makes the first family as beautiful as Barack Obama makes it strong.
I am proud of Barack Obama for his willingness to take his life and career into the lion’s den. He inherits a terrible economy, an unjust war, a sickening healthcare system and an educational system which cripples our children for life. Like the first Black football coaches in the NCAA, Obama has been granted the reigns of a team with a serious losing record. Furthermore, he must bend and twist to satisfy citizens of the same country that was naïve enough to consider mediocre characters like George Bush and Sarah Palin to possibly run our great nation. I sincerely wish Obama the best as he attacks these problems, and I hope that this brilliant Black man with the middle name “Hussein” can negotiate the balance between our quest for a better world and America’s consistent commitment to anti-intellectualism.
As proud as I am of President Obama, I am also proud of America for showing that it has the ability to choose the right person for the job, instead of the right WHITE person for the job. By choosing Obama, we have shown our capacity for fairness, and how much progress we’ve made to overcome some of our racial demons of the past. The easiest thing to do, however, is to think that having a Black president is going to change the lives of most Black people. The reality is that BLACK PEOPLE THEMSELVES are going to change the lives of Black people and if we do not embrace the power of financial independence and unity, we will simply remain perpetual socio-economic slaves in the domain of a new overseer. The same way America rolled back the political gains of the 1960s, the Washington-based rewards of the new millennium could be just as fleeting.
President Obama did his job, now it’s time for us to do ours. Good luck over the next 4 years.
Dr. Boyce Watkins is a Finance Professor at Syracuse University and author of “Everything You Ever Wanted to Know about College”. He does regular commentary in national media, including CNN, BET, ESPN and CBS. For more information, please visit www.BoyceWatkins.com.
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