by Rupe | Apr 24, 2021 | Social-Race Issues
Darnella Frazier changed the course of history by tapping record on her smartphone. We can learn a lot from her about what to do when facing down badges, guns and a potentially dangerous situation.
On the way to the convenience store last May, Frazier came upon George Floyd being arrested by police officer Derek Chauvin. Then 17, Frazier recorded for 10 minutes and nine seconds, during which Floyd was murdered.
Source: How to record police with your smartphone – The Washington Post
by Rupe | Apr 11, 2021 | Education, Money Matters, Social-Race Issues
Je’lon Alexander is a Morehouse Man who graduated in 2018. He has roughly $55,000 in debt, even after a $15,000 annual scholarship. His parents, who have advanced degrees and close to $400,000 of debt between them, deferred their loans and took jobs on opposite sides of the country so they could contribute as much as they could to his education. (Je’lon, too, is deferring his loans while he pursues his master’s degree at Georgia State, with plans to get his PhD.) When Je’Lon’s mother was interviewed for my book, “The Whiteness of Wealth,” she said she did not regret any of these choices, despite the steep costs.
This is an absolute read for parents of black kids – Source: WAPO
by Rupe | Feb 26, 2021 | Money Matters, Social-Race Issues
Income and wealth disparities along racial lines have repercussions for all aspects of life in the U.S.: education, health, homeownership, retirement, and life expectancy.
Racial inequality in the United States has many dimensions, but one of the most impactful and broad-ranging is economic. On average, people of color experience significantly lower levels of income, retirement savings, and rates of homeownership than white Americans. Those shortfalls contribute mightily to other ill effects: poorer healthcare outcomes, lower educational attainment, and shorter life expectancies, for example. The pandemic has exacerbated many of these issues.
Source: MorningStar
by Rupe | Jul 9, 2020 | Mentoring, Social-Race Issues
Eddie C. Brown is the founder, chairman, chief executive and senior portfolio manager of Brown Capital.
I was raised in the Jim Crow South, when the railroad tracks separated whites from blacks and African Americans were considered second-class citizens. Raised by common laborers who worked hard in Florida’s citrus groves, I had my world widened by weekend excursions to Orlando, where seeing white men in suits and ties behind desks left an impression. It was there where possibility was seeded.
I began my investment career as the first African American portfolio manager at T. Rowe Price in 1973, not because of some quota or the good graces of white executives, but because the meritocratic model made me visible and managers were supportive. After 10 years in the business, I became an entrepreneur.
Source: WAPO
My Comments: I found Mr. Brown’s piece in the Washington Post to be very insightful, timely and important reading for African Americans still trying to eek out a piece of the American dream.
