Remembering Chairman Fred

Screeching tires.  Flashing lights.  Heavily armed men rushing up the dark stairwell open fire through walls and doors on the sleepers inside.  When it is over at least 90 holes mark Continue Reading

Black unemployment tops 10%

The federal government reported September 5 that the Black jobless rate is now 10.6 percent, over four percentage points higher than the nation’s overall employment rate of 6.1 percent. “African American unemployment over the past year has shot up by 2.9 percentage points, the largest one-year increase in 24 years,” said Democratic presidential candidate Barack Obama in a released statement. He outlined an Emergency Economic Plan that includes cutting taxes for 95 percent of working families; establishing a $25 billion fund to offset any state and local cuts in health, education and housing; and providing a $25 billion job and growth fund to replenish the federal highway trust fund, which pays for road and bridge maintenance. The MSR contacted the John McCain campaign office for more specifics on addressing the high Black unemployment rate, but we received no response to our request by press time. However, GOP candidate McCain says on his website that he will overhaul unemployment insurance and cut the corporate tax rate from 35 to 25 percent. Continue Reading