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Obama worse than George W. Bush on SBA Loans

George Curry-160When I interviewed Marie Johns, then the outgoing deputy secretary of the Small Business Administration, a year ago, she said the SBA does not separate figures by race, though it hopes to do so at some point.

Technically, she was correct in saying the SBA does not separate agency-wide figures by race. But the SBA's 8 (a) program figures can be broken down by race and that's where she was being disingenuous. I specifically asked her twice about the status of black businesses under Obama and twice she was less than forthcoming.

Now, I know why: The Obama administration's record of guaranteeing loans to black businesses is worse than it was under George W. Bush.

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Black economics, growing income gap focus of NNPA luncheon

blackeconomics 600WASHINGTON – The economic status of African Americans and the "crisis-level" income gap between the rich and the poor was the agenda of this year's State of the Black Press luncheon at the National Press Club in D.C.

The event (March 21st) sponsored by the National Newspaper Publishers Association Foundation featured discourse among journalists and financial experts. They weighed in on different factors affecting black economics, including the crippling recession that some said wiped out gains made by middle-class blacks during the recent recession.

"The recession supposedly ended in 2009 but there are still adverse effects," said economist Valerie Wilson, who works with the D.C.-based Economic Policy Institute. "At the rate of recovery that is taking place we will not reach pre-recession employment levels possibly until 2018."

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Publishers Charles Tisdale and M. Paul Redd honored by former peers

publisher 600WASHINGTON – Two legendary publishers – Charles Tisdale of the Jackson Advocate in Mississippi and M. Paul Redd Sr. of the Westchester County Press in New York – have been posthumously inducted into National Newspaper Publishers Association Foundation's Distinguished Black Publishers' Enshrinement.

They were honored here last week during Black Press Week's annual observance. The ceremony is reserved for stalwart publishers who have significantly contributed to the legacy of the Black Press.

Benjamin Todd Jealous, former executive director of the NNPA Foundation and immediate past president of the NAACP, gave remarks about each honoree.

 

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Nielsen announces external affairs appointments

nielson 600(BlackNews.com) – Nielsen, a leading global provider of information and insights into what consumers watch and buy, has expanded roles of Cheryl Pearson-McNeil to senior vice president, U.S. Strategic Community Alliances and Consumer Engagement, and Don Lowery to senior vice president, Government Affairs.

Both teams are part of Nielsen's External Affairs group. Pearson-McNeil is a National Newspaper Publishers Association columnist whose columns appear periodically in The New Tri-State Defender.

"I am pleased to announce Cheryl and Don's expanded roles," said Karen Kornbluh, executive vice president External Affairs. "Elevating our presence and enhancing our reputation and influencer relationships with multicultural communities and government officials is vital to our growth and our ability to effectively serve our diverse clients and their needs."

 

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Michael Vick signs deal with Jets but as usual PETA is not happy

vick 600The New York Jets signed star quarterback Michael Vick on Friday for a reported one-year, $5-million deal; however, animal rights group PETA, who seemingly still holds a grudge against the NFL player as a result of his 2007 conviction for dog-fighting, sent out a tweet upon hearing the news about the signing that clearly shows they are not quite over the nearly seven-year incident, according to the Atlanta Journal-Constitution.

PETA tweeted:

"At least Michael Vick can't drown, electrocute, hang, or shoot a football the way he terrorized man's best friend."

Vick's younger brother, Marcus, came to his sibling's defense on Saturday, tweeting a response to PETA's jab at his big brother asking the Norfolk, Virginia-based organization if it was "still on that (BS)."

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