Monthly Archives: September 2012

The Crenshaw-LAX Rail Line and 2013 Mayor’s Race: The Black Community Will Decide The Next Mayor and Won’t Be Played Again

Posted on September 29, 2012 by Dr. Samad

The bell has sounded for the 2013 Mayor’s Race and the horses are fast out the gate. The first of what I’m sure will be many debates took place over the weekend, and one thing became perfectly clear—there is no clear frontrunner for who will be the next Mayor of Los Angeles and they pretty much all sound the same at this point. Sounding the same and being the same are two different things. Sounding the same means the candidates, at this point, are willing to say just about anything to keep the interest high among identity groups throughout the … Continue reading →

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Questions About CalPERS Pension Fund Management Selection Process Highlighted By Dropping of Minority Firm

Posted on September 22, 2012 by Dr. Samad

The California Public Employees Retirement System, also known as CalPERS, is the nation’s largest retirement fund for state, local and education employees with a portfolio of $226 billion dollars. This money is managed by fund managers who seek to bring a minimum of seven percent (7%) return on pension funds that provide some 536,000 retirees a monthly pension from some 1.1 million members. It is a privileged opportunity for fund managers to be entrusted with managing the “people’s” retirement funds. A privilege that have often escaped private fund management firms owned by blacks and Latinos—in a state that is over … Continue reading →

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The Republican National Convention: An Engagement In Mass Manipulation

Posted on September 2, 2012 by Dr. Samad

The Republican National Convention began with a big BLOW—literally. No, really!! Hurricane Isaac postponed the start of the convention for a day, but it really didn’t spare us the propaganda for very long and the GOP launched into its rhetoric rage Monday, putting up debt counters and messages of innuendo, as they try to sell the nation the “presumptive nominee” of the Republican Party, former Massachusetts Gov. Mitt Romney and Wisconsin House Representative, Paul Ryan—his Vice Presidential running mate. The Republicans know how to manipulate the public. The press plays along to some degree, as it launches its search to … Continue reading →

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