Contract Buying Robbed Black Families In Chicago Of Billions | WBEZ

“The takeaway is that we have a history that so many Chicagoans are really not aware of that has really shaped the city and shaped the racial politics of the city. It shaped the economy of the city. In order to move forward and address issues that confront us in terms of poverty and racial discrimination, we have to have a common understanding of what happened in the past,” said Duke University’s Bruce Orenstein, the study’s project director who is doing a documentary series on Chicago’s housing segregation.That past has roots 100 years ago with white people not understanding that they created black ghettos, he said.”

Source: Contract Buying Robbed Black Families In Chicago Of Billions | WBEZ

Is Hip Hop Destroying Black America?

TIME AND TIME AGAIN, THE REAL DECISION MAKERS GET AWAY WITH MURDER WHILE RAP ARTISTS ARE PROJECTED AS THE EMBODIMENT OF EVERYTHING THAT IS WRONG WITH HIP HOP AND YOUNG BLACK MALES.

“If this doesn’t sound like the kind of Hip Hop you’re familiar with, blame the music industry and mainstream media for bombarding you with a steady diet of rappers talking about drugs, sex and violence for over two decades. Blame MTV, BET, and other networks for trying to redefine what Hip Hop is in order to sell it and shove it down the throats of unsuspecting consumers. It’s easy to blame simple minded rappers for promoting negative messages and images while multi billion dollar companies and shrewd businessmen who market these artists are free from criticism. It’s easy to blame someone like Chief Keef who becomes the obvious poster boy for mindless rap while Jimmy Iovine, the head of Interscope Records, keeps a low profile and avoids having to address his part in promoting “death through entertainment”.

It’s easy to protest flavor of the month Trinidad James who raps about Molly, the industry’s latest fashionable drug, while Def Jam’ president Joie Manda proclaims his new discovery as “the cutting edge of what’s happening in the culture today.” It’s easy to blame talentless top 40 rappers for dominating the airwaves of so called hip hop radio stations like L.A.’s Power 106 or New York’s Hot 97 while Rick Cummings, president of programming for Emmis Communications, which owns both stations, isn’t held accountable for his part in broadcasting filth to millions of listeners.Time and time again, the real decision makers get away with murder while rap artists are projected as the embodiment of everything that is wrong with Hip Hop and young Black males.”

Source: Is Hip Hop Destroying Black America?

 

There were nearly a million black farmers in 1920. Why have they disappeared? | Environment | The Guardian

Today there are just 45,000 African American farmers. One man is fighting to save them.

Source: There were nearly a million black farmers in 1920. Why have they disappeared? | Environment | The Guardian

Ten Solutions to Bridge the Racial Wealth Divide – Inequality.org

The deep and persistent racial wealth divide will not close without bold, structural reform.  It has been created and held in place by public policies that have evolved with time including slavery, Jim Crow, red lining, mass incarceration, among many others. The racial wealth divide is greater today than it was nearly four decades ago and trends point to its continued widening.

Source: Ten Solutions to Bridge the Racial Wealth Divide – Inequality.org

Black-owned Makeup Brand Pat McGrath Projected to Surpass Kylie Cosmetics with $1B Valuation ::: Atlanta Black Star

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(Photo by John Phillips/BFC/Getty Images for BFC/ Kevin Tachman/Getty Images for Vogue)

 

Black-owned cosmetics company Pat McGrath Labs lands a $60 million investment deal with Eurazeo Brands has put the two-year-old business’ valuation in excess of $1 billion. That accomplishment, according toWomen’s Wear Daily, launches her ahead of Kylie Cosmetics, a brand that Forbes controversially said put reality star Kylie Jenner on track to become the youngest self-made billionaire.

A press release issued on behalf of Pat McGrath Labs, which was founded in 2016 by the world’s number one makeup artist Pat McGrath, said the investment will build on the British brand’s success. It will also expand the company’s U.S. distribution to 90 Sephora stores in the fall as well as increase worldwide demand. Eurazeo Brands will become a minority shareholder in the company. Additional terms of the deal were not disclosed.

“It has always been my dream to create an iconic beauty brand that goes beyond the usual limitations, that lives outside the parameters of what is expected,” McGrath said in a statement of her company that swiftly transformed modern beauty with its must-have, straight-from-the-runway makeup experience. “I am thrilled to be working with the unique and expert team at Eurazeo Brands.”

Her brand has become a major staple at Sephora stores, where it’s available online and in 54 stores and became the top-selling SKU brand. It also has attracted more than 30 billion social media impressions since launching.

“The next phase is to continue our incredible trajectory,” McGrath told Fashionista of expansion plans. “We have been so blessed to have such an engaged and passionate customer base and the aim is to continue to provide them with more groundbreaking, straight-from-the-runway products and a makeup experience that they cannot get anywhere else. I get so much joy and satisfaction when I see how much our loyal customers love the products, it fuels us to come up with even more innovative creative ideas.”

 

From ATLANTA BLACK STARabs_logo_black-600x64

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