Saturday, April 11, 2009

Alittle NBA Update in plezWorld


I've long since hung up the high-top sneakers and b'ball shorts, I rarely follow the local Atlanta Hawks because they've been mired in less-than-stellar achievement for the better part of 20 years, and college basketball is so much more exciting than the NBA, but...

...there comes a point in every season, where even plezWorld has to return to his sports roots and turn his attention to the NBA!

Actually, this has been a very good season for the home team: the Hawks are solid at the 4th seed in the East. They haven't finished the season this high since...?!? Last year they barely made it to the playoffs and took the top seeded Boston Celtics to seven games in the opening round. This year, they're looking to do some damage come playoff time.

The Beast of the East is LeBron James along with his Cleveland Cavaliers. Tonight they secured the top spot in the East by besting the 76ers in Philly. Following closely behind Cleveland is Boston and Orlando. This year, the East Playoffs will attempt to match the intensity and competition that has ruled the West for the past 10 years.

If the playoffs began tomorrow, the Cavs would be hosting the fading Pistons, (2) Boston Celtics would be playing the Bulls, the (3) Magic would host the 76ers, and the (4) Atlanta Hawks, yeah, the Hawks! would be matched up with the Heat... very interesting. To be honest, I can't see the Cavs not going to the NBA Finals this year.

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Out West, there's the Kobe Bryant-led Lakers with an insurmountable 10 game lead on the second place Denver Nuggets. Bryant hasn't sniffed a ring since Shaq left LA, I'm sure he is gearing up to will his team to the NBA Finals again this year.

The top tier of the West is really tight with all remaining seven teams within a game or two of each other. So after the (1) Lakers vs. (7) Jazz, they you have (2) Denver vs. (7) Dallas, (3) San Antonio vs. (6) New Orleans Hornets, and Houston against Portland (who currently has the same record).

There's no way we won't be seeing a Lakers-Cavs finals this year.

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plez sez: I'll take the Cavs in six!

~ ~ Citations ~ ~

Read the ESPN.com article about the Cavs claiming the top seed in the NBA Playoffs.

Read the ESPN.com article about pairings if NBA Playoffs started tonight.

Read the AJC.com article about how the Atlanta Hawks clinched the fourth seed in the East.

Read the MEDIA article about how it was 1988 since the Hawks won back-to-back road games while also overcoming halftime deficits - over 20 years ago!

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Thursday, April 09, 2009

The SugarPlum in plezWorld - Spring Break Edition

SugarPlum typing her blog entry

The SugarPlum is home on spring break this week. She wanted to type a contribution to plezWorld. Enjoy!


hello everbody my name is sugarplum this is my first time on my daddy's blog. few days ago i was at my house and we were eating dinner and waching TV WHICH WAS CNN and we saw micheile obama and she was at a primary class. so i said thats not fair. so my mom said if you want them to come to your school write a note.

so my mom gave me and idea to write PRESIDENT OBAMA A LETTER. so i went to schooll then my teacher patrick helped me write that good curssive writing and then we malied the letter to the WHITE HOUSE .

thank you and god bless you HAPPY easter. love sugarplum xoxoxoxo


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plez sez: the above posting is presented with limited editing by me. the SugarPlum is a 7-year old Montessori school student... simply brilliant like her dear ole dad!

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Internet Woes in plezWorld

My AT&T connection - our Internet service provider - went down yesterday afternoon... service returned to plezWorld after a visit from an AT&T technician this morning.

Only problem: the cause of the problem could not be determined - I hope my Netgear wireless router isn't failing on me.

Wednesday, April 08, 2009

GT Defensive End Derrick Morgan on Lott Trophy Preseason Watch List

Derrick Morgan, defensive end for the Georgia Tech Yellow Jackets, has been named to the Lott Trophy Preseason Watch List. He is the only starter returning from last year's defensive line.

Lott announced the 42 candidates for the award, which goes to players who have the biggest IMPACT (Integrity, Maturity, Performance, Academics, Community and Tenacity) on their respective teams, on and off the field. Named after Hall of Famer Ronnie Lott, the Lott Trophy is awarded to college football's Defensive IMPACT Player of the Year. Now in its sixth year, The Lott Trophy is the only college football award to equally recognize athletic performance and the personal character attributes of the player. Past winners include David Pollack of Georgia, DeMeco Ryans of Alabama, Daymeion Hughes of Cal, Glenn Dorsey of LSU, and James Laurinaitis of Ohio State.

Derrick Morgan (6-4, 270) was honorable mention All-ACC last season after starting all 13 games and registering 51 total tackles. A Coatesville, Pennsylvania native, Morgan had 9.5 tackles-for-loss, 7.0 sacks and 4.0 recoveries as a sophomore. He is a good student and he's even an officer in the Georgia Tech Chapter (the Lambda Delta) of Kappa Alpha Psi Fraternity, Inc.

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plez sez: i saw Derrick when i attended a meeting at georgia tech on sunday evening... he's looking good! he is definitely bigger and has more muscle than last year. barring an injury, he'll definitely be one of the nation's leaders in sacks and tackles for his position.

if he doesn't win the lott award this year (it's rarely given to juniors), he'll definitely be a finalist for it next year.

you can take this to the bank... you'll be seeing this brother playing on sunday afternoons in the next 2-3 years.

~ ~ Citations ~ ~

Read the Georgia Tech Athletics article about Morgan on Lott Award Watch List.

Read the AJC.com article about how Derrick Morgan shined in Tech's first scrimmage of the spring.

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Tuesday, April 07, 2009

Sometimes It Snows In April - Prince

All of the weatherpeeps in the Atlanta area are predicting snow for Monday night in the north Georgia mountains.



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plez sez: it doesn't snow very often in georgia... and it is even more rare after the start of spring. i doubt it'll be more than a dusting, but it'll be snow, nevertheless... enjoy!

~ ~ Citations ~ ~

Read the AJC.com article about possible snow in Georgia.

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Sunday, April 05, 2009

Open Thread for Sunday Morning in plezWorld X

plezWorld has been on Twitter the better part of the last few days... amazing technology and concept. Alittle over 48 hours after joining, I have almost 150 followers and I'm following over 220 other Twitterers... and posted 22 tweets.

Follow plezWorld on Twitter.

Send me a tweet...

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The Commodores sang, "That's why I'm easy... easy like Sunday morning."

Write what you'd like, because plezWorld will be taking it easy on Sunday... enjoy the remainder of your weekend.

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Saturday, April 04, 2009

Quote of the Day - Europe - April 4, 2009

"If there’s just Roosevelt and Churchill sitting in a room with a brandy, that’s an easier negotiation. But that’s not the world we live in, and it shouldn’t be the world that we live in."
- President Barack Obama during an hourlong press conference with international news media (including reporters from India and China). After the press conference, many reporters stood and cheered the President.

picture courtesy New York Times

President Obama set to igniting the imagination on a global scale as he traveled to Europe to participate in the G-20 Summit in England. The trip had a number of key objectives: restore some sense of credibility in the office of the President of the United States, gain some fiscal support from other world leaders, shore up commitments to join the US in its fight against terrorism in Afghanistan, and bring the United States back to the table of world discussion.

Obama did mediate a tense disagreement between the leaders from France and China, by pulling both aside and getting them to agree on a compromise (statesmanship - check).

Great Britain did agree to assist in Afghanistan, but the panty-waists in France and Germany demurred (al Qaeda - half-check).

Most of the world agrees that we are in this bad economy together and one nation will not be able to spend us out of it. Even though, they agree, very few committed any money to the cause (recession - no check).

And Obama was greeted by crowds everywhere he went, he even held a US-style town hall meeting with several thousand in Strasbourg, France (rock star status - check).

As only he can do, President Obama captivated the town hall meeting crowd with his speech and candor during a question-and-answer period:
"In America, there's a failure to appreciate Europe's leading role in the world. Instead of celebrating your dynamic union and seeking to partner with you to meet common challenges, there have been times where America's showed arrogance and been dismissive, even derisive.

"But in Europe, there is an anti-Americanism that is at once casual but can also be insidious. Instead of recognizing the good that America so often does in the world, there have been times where Europeans choose to blame America for much of what's bad.

"On both sides of the Atlantic, these attitudes have become all too common. They are not wise; they do not represent the truth. They threaten to widen the divide across the Atlantic and leave us both more isolated.

"I've come to Europe this week to renew our partnership -- one in which America listens and learns from our friends and allies, but where our friends and allies bear their share of the burden. Together, we must forge common solutions to our common problems.

"So let me say this as clearly as I can: America is changing. But it cannot be America alone that changes."
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plez sez: America is back! we can now resume our place as the preeminent power on the world stage.

george w. bush makes President Obama seem almost mythical in stature... the contrast is so amazing. could anyone imagine bush standing before a crowd of anyone other than the staunchest of right-wing allies and holding court? never... in a million years, never!

Godspeed Mr. President.

~ ~ Citations ~ ~

Read the CNN.com article about the Presidents comments at the town hall meeting in Strasbourg, France.

Read Fareed Zakaria's CNN.com article about how Obama got it right in Europe.

Read the New York Times article about an assessment of Obama's performance in Europe.

Read the New York Times article about concessions Obama gained during G-20 Summit.

Read the guardian.co.uk article about how British Prime Minister Brown plans to capitalize on gains made during G-20 Summit.

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Friday, April 03, 2009

plezWorld on Twitter

plezWorld is on Twitter... and the world will never be the same!

According to Wikipedia.com, Twitter is a social networking and micro-blogging services that enables its users to send and receive others' updates known as tweets. Tweets are text-only posts of up to 140 characters in length. These updates are displayed on the user's profile page and can be sent to your mobile phone.

An entire cottage industry has popped up around this phenomenon with all kinds of apps available to enhance the experience. The web-based service is free, but sending and receiving the text messages on your phone will incur service provider fees.

Television and radio personalities have taken to this technology to make their programs more interactive. CNN's Rick Sanchez responds to actual tweets on his afternoon show. The following CNN video is about the Twitter phenomenon:



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You can find and follow plezWorld on Twitter.


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plez sez: i'm still a novice, so be gentle with me. but if you have a blog, you need to have twitter. i shouldn't have any problems coming up with something to blog about.

i won't be pulling these things down on my cell phone until i get an unlimited text message plan. from the short time i've been doing it, i can see how one's phone bill can grow astronomically!

Sign up for your own Twitter account!

~ ~ Citations ~ ~

Read the CNN.com article about Twitter backlash?

Read the CNN.com article from February 2009 about 10 tips for being a good Twitterer.

Read the ReadWriteWeb article about "ghost twittering".

Read the 7 things you should know about Twitter.

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Thursday, April 02, 2009

Halle Berry Does the "Halle Berry" on "Ellen"

On Tuesday, March 31, Halle Berry visited the "Ellen" show... and did the "Halle Berry" dance with Ellen to the song "She's Fine (Halle Berry)" by Hurricane Chris.



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"She Fine (Halle Berry)" by Hurricane Chris (Feat. Superstar)




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plez sez: hmmmm... she's fine! that's for sure.

the actual song doesn't do much for plezWorld, though.


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Wednesday, April 01, 2009

Conficker Virus Alert in plezWorld


Just in time for April Fools' Day... a computer virus to shut down your computer network. But by many accounts (here and here), you can protect your computer from this virus scare.

Before anything, you have to make sure that your computer is infected. The fastest and most sure way to check is to clear your browser cache and then attempt to visit any major security software publisher's website (Norton, McAfee, ESET). If you can get through to any of these sites, you are fine, because the Conficker virus blocks access to them.

If you're running an up-to-date virus scanner, it's unlikely you'll get infected unless you've configured your computer to not receive automatic Windows updates. It is anticipated that this virus attack will not be as bad as some had planned.

In the unlikely event you are infected, follow these instructions that I lifted from a cnet article:

Download one of several free Conficker-specific removal tools: McAfee's Stinger, Eset's Win32/Conficker Worm Removal Tool, Symantec's W32.Downadup Removal Tool, and Sophos' Conficker Cleanup Tool.

If none of these programs work for you, Avira also offers Conficker-specific instructions on how to use their rescue CD to fix your computer. This requires a secondary computer so you can create the CD, if you haven't done so prior to infection.

It is strongly recommended that if you're infected and you have the luxury of a second machine, disconnect the infected computer from the Internet and install any repair programs or other fixes via CD or USB key.

One of the most common infection vectors for Conflicker and its ilk is the Windows AutoRun feature. Eset claims that one out of every 15 threats they detected in 2008 used autorun.inf. Unfortunately, disabling it is not as simple as you may think, because even when disabled through conventional means it still parses most of the autorun.inf file, instead of not reading it at all.

To disable it completely, users will need to copy the text below into Notepad. It should be one line from the left bracket to the final quotation mark.
REGEDIT4 [HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\WindowsNT\CurrentVersion\IniFileMapping\Autorun.inf]@="@SYS:DoesNotExist"


Save it as something memorable, such as StopAutoRun.REG. Double-click on the saved file, and you close the AutoRun loophole. You also won't be able to automatically play DVDs just by putting them in the disc drive, but that seems a reasonable price to pay for slamming the door on this gaping security flaw.

Once you've gotten your computer clean and killed off the AutoRun feature, there's still more to do. These changes, however, are behavioral. Stay on top of Windows security updates from Microsoft, do not under any circumstances click on any Web-based ''free virus scan'' offers, and make sure you're not only running a reputable security suite, but that it's configured for daily virus definition file updates.


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plez sez: some people have too much time on their hands. can this be a by-product of a down economy? i wonder if conficker is the brainchild of a group of out-of-work computer programmers whose jobs were shipped overseas?!?

~ ~ Citations ~ ~

Read the Microsoft article about Win32/Conficker.B worm and its removal.

Read the New York Times article about Conficker virus.

Read the AJC.com article about the Conficker worm.

Read the CNN.com article about April Fools' computer virus.

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Sunday, March 29, 2009

Open Thread for Sunday Morning in plezWorld IX

At this posting, plezWorld is dog tired: I'm coming down off of the presentation high I got from the MoveOn.org Power Up! America Campaign event that I co-hosted yesterday in Stone Mountain, Georgia (I really appreciate the 10 people who braved the torrential rains and a major power outage that lasted over an hour), I've also been prepping for a training class that I have to deliver on tomorrow (I just found out about the class on Friday morning and I still haven't received all of the training materials), and then later this evening, my new fraternity brothers at Georgia Tech are having their probate show.

WHEW! I'm tired just typing it... much less, having to live it. And to think that I have to be up at the break of dawn on Monday to get ready to deliver the first of two whole days of training... yippee! At least it's a paycheck (something that I haven't seen in the past couple of months)!

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The Commodores sang, "That's why I'm easy... easy like Sunday morning."

plezWorld won't be taking it easy today, but I'd still like for you to write what you'd like.

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Friday, March 27, 2009

MoveOn.org Power Up America Campaign

The MoveOn.org Power Up Campaign kicks off nationwide on Saturday, March 28, 2009. Our country faces daunting challenges and needs your help. Millions of Americans are losing their jobs and their homes. The country has relied on foreign oil and has an addiction to dirty and unsustainable energy.

There's a clear path forward to solve many of these problems: President Obama's plan to create millions of new green jobs and make a massive switch to a New Energy Economy. But the big oil and coal lobbies will fight tooth and nail to preserve the status quo.

Working on a grassroots level, MoveOn.org will support President Obama's plan and pressure members of Congress to support this initiative. In the coming months, MoveOn.org will do the following:
  • Get Congress to support New Energy Economy
  • Promote New Energy Economy through media and coalition efforts
  • Support the Obama Plan to invest $150 billion in the New Energy Economy


The following video highlights the Call to Action called the Power Up America Campaign:



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plez sez: i have been invited to speak at the local MoveOn.org Power Up America campaign kick-off in Stone Mountain, Georgia at 1:00 pm on saturday. plezWorld will be speaking on how we can become green and how the new green economy will spur job growth in our region as it has done in other parts of the country.

i'm looking forward to helping President Obama stimulate the economy by bringing "green" jobs to DeKalb County, Georgia and helping to create the New Energy Economy.

if you are in the area and would like to attend, send me an e-mail message and i'll send you an invite.

~ ~ Citations ~ ~

The PickensPlan site supports the Power Up America in Dallas, TX.

The St. Louis Design Community Connections site supports the Power Up America campaign in St. Louis, MO.

The Patriotic Resistance blog has a post about MoveOn.org's grassroots campaign for the New Energy Economy.

Check out the Green for All site for more information about the Green Economy.

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About MoveOn.org: MoveOn.org Political Action, one of the largest Political Action Committees in the country, brings real Americans into politics to fight for a more progressive America and elect progressive candidates. It conducts major campaigns, from its work to protect the Supreme Court from a hard-right justice to its campaign to defeat the right wing and elect moderates and progressives in 2008. But in contrast to most PACs, which funnel industry contributions to candidates in exchange for access, MoveOn.org Political Action brings hundreds of thousands of small donors together to elect candidates who will represent the American people. With one secure online credit card transaction, you can immediately make contributions to several campaigns. All contributions go to the individual campaigns in the amounts you specify. MoveOn.org Political Action takes care of all the required FEC paperwork by transmitting necessary contributor information to each campaign.

Because it’s a federal PAC, MoveOn.org Political Action can’t accept donations greater than $5,000. And in fact, MoveOn.org Political Action is mostly funded by people who give less than $100 – folks who don’t have a lot of money but want to see a change. Through 2004, MoveOn.org Political Action raised approximately $11 million for 81 candidates from over 300,000 donors. In 2005, MoveOn.org Political Action grew to 3.2 million members and 125,000 members contributed $9 million to progressive candidates and campaigns (average donation: $45).


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Thursday, March 26, 2009

Obama Administration - Open for Questions

Open for Questions

On Thursday morning at 11:30 AM EST, President Obama will conduct an online town hall on the economy and answer some of the most popular questions live.

"Open for Questions" is an opportunity to open up the White House to all Americans.

It's an experiment designed to encourage transparency and accountability by giving you a direct line to the White House.

This first round will deal with the economy. Americans deserve to know what their government is doing to get our economy back on track. But it's up to you to participate and make this experiment a success.

Join the discussion here

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plez sez: this is an interesting way for the President to keep in touch with everyday Americans. i applaud his ability to take his message to the people rather than hiding behind a press secretary in the white house.

as of this posting, close to 57,000 questions had been logged and over 2 million votes had been cast. and on thursday morning, the president will answer the questions that have the most votes.

~ ~ Citations ~ ~

Read the CNN.com article about President Obama's 21st century town hall meeting.

Go here to submit your questions and vote.

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Wednesday, March 25, 2009

Dr. John Hope Franklin - Black Historian



The world mourns the passing of Dr. John Hope Franklin of North Carolina. By most accounts, he is the greatest historian of African American history.

This is Dr. Franklin's biography on the Duke University website, where he was the James B. Duke Professor Emeritus of History:

John Hope Franklin was the James B. Duke Professor Emeritus of History, and for seven years was Professor of Legal History in the Law School at Duke University. He was a native of Oklahoma and a graduate of Fisk University. He received the A.M. and Ph.D. degrees in history from Harvard University. He has taught at a number of institutions, including Fisk University, St. Augustine's College, North Carolina Central University, and Howard University. In 1956 he went to Brooklyn College as Chairman of the Department of History; and in 1964, he joined the faculty of the University of Chicago, serving as Chairman of the Department of History from 1967 to 1970. At Chicago, he was the John Matthews Manly Distinguished Service Professor from 1969 to 1982, when he became Professor Emeritus.

Professor Franklin's numerous publications include The Emancipation Proclamation, The Militant South, The Free Negro in North Carolina, Reconstruction After the Civil War, and A Southern Odyssey: Travelers in the Ante-bellum North. Perhaps his best known book is From Slavery to Freedom: A History of African-Americans, now in its seventh edition. His Jefferson Lecture in the Humanities for 1976 was published in 1985 and received the Clarence L. Holte Literary Prize for that year. In 1990, a collection of essays covering a teaching and writing career of fifty years, was published under the title, Race and History: Selected Essays, 1938-1988. In 1993, he published The Color Line: Legacy for the Twenty-first Century. Professor Franklin's most recent book, My Life and an Era: The Autobiography of Buck Colbert Franklin, is an autobiography of his father that he edited with his son, John Whittington Franklin. His current research deals with "Dissidents on the Plantation: Runaway Slaves."

Professor Franklin was active in numerous professional and education organizations. For many years he served on the editorial board of the Journal of Negro History. He also served as President of the following organizations: The American Studies Association (1967), the Southern Historical Association (1970), the United Chapters of Phi Beta Kappa (1973-76), the Organization of American Historians (1975), and the American Historical Association (1979). He has been a member of the Board of Trustees of Fisk University, the Chicago Public Library, and the Chicago Symphony Orchestra Association.

Professor Franklin served on many national commissions and delegations, including the National Council on the Humanities, from which he resigned in 1979, when the President appointed him to the Advisory Commission on Public Diplomacy. He also served on the President's Advisory Commission on Ambassadorial Appointments. In September and October of 1980, he was a United States delegate to the 21st General Conference of UNESCO. Among many other foreign assignments, Dr. Franklin served as Pitt Professor of American History and Institutions at Cambridge University, Consultant on American Education in the Soviet Union, Fulbright Professor in Australia, and Lecturer in American History in the People's Republic of China.

Professor Franklin was the recipient of many honors. In 1978, Who's Who in America selected Dr. Franklin as one of eight Americans who has made significant contributions to society. In the same year, he was elected to the Oklahoma Hall of Fame. He also received the Jefferson Medal for 1984, awarded by the Council for the Advancement and Support of Education. In 1989, he was the first recipient of the Cleanth Brooks Medal of the Fellowship of Southern Writers, and in 1990 received the Encyclopedia Britannica Gold Medal for the Dissemination of Knowledge. In 1993, Dr. Franklin received the Charles Frankel Prize for contributions to the humanities, and in 1994, the Cosmos Club Award and the Trumpet Award from Turner Broadcasting Corporation. In 1995, he received the first W.E.B. DuBois Award from the Fisk University Alumni Association, the Organization of American Historians' Award for Outstanding Achievement, the Alpha Phi Alpha Award of Merit, the NAACP's Spingarn Medal, and the Presidential Medal of Freedom. In 1996, Professor Franklin was elected to the Oklahoma Historians Hall of Frame and in 1997 he received the Peggy V. Helmerich Distinguished Author Award. In addition to his many awards, Dr. Franklin has received honorary degrees from more than one hundred colleges and universities.

Professor Franklin has been extensively written about in various articles and books. Most recently he was the subject of the film First Person Singular: John Hope Franklin. Produced by Lives and Legacies Films, the documentary was featured on PBS in June 1997.

Professor Franklin died of congestive heart failure at Duke Hospital on the morning of March 25th, 2009. He is survived by his son, John Whittington Franklin, daughter-in-law Karen Roberts Franklin, sister-in-law Bertha W. Gibbs, cousin Grant Franklin Sr., a host of nieces, nephews, great-nieces and great-nephews, other family members, many generations of students and friends. There will be a celebration of his life and of his late wife Aurelia Franklin at 11 a.m. June 11 in Duke Chapel in honor of their 69th wedding anniversary.


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What follows is the AJC.com article on the life of Dr. Franklin:

John Hope Franklin winced when people called him America’s greatest black historian, as many did. It would be more fitting to call him the greatest historian of black America.

In more than 70 years of scholarship, he documented the African-American experience as no one had done before — a body of work that earned him more than 100 honorary degrees, making him perhaps the most decorated academician of his time.

Franklin, 94, died Wednesday of congestive heart failure at Duke University Hospital in Durham, N.C. He was best known as the author of the groundbreaking chronicle, “From Slavery to Freedom: A History of African Americans.”

Published in 1947, the book was updated eight times and sold more than 3 million copies. But that was only his most visible achievement.

Starting in 1936 at Fisk University in Nashville, Franklin published hundreds of academic articles and 16 books about African-American and Southern history before ending his career as a professor at Duke. He was part of a generation of historians, including C. Vann Woodward and David Potter, who challenged the racial stereotyping and Lost Cause sentimentality that had dominated the study of Southern history.

Unlike earlier historians, for instance, Franklin viewed the Civil War as more of a liberation than a defeat for the region. “It had been delivered from the domination of an institution that had stifled its economic development and rendered completely ineffective its intellectual life,” he wrote.

Franklin challenged prevailing thought outside the ivy walls as well. Early in his career, he helped research the lawsuit that Thurgood Marshall and the NAACP took to the Supreme Court in 1954 to overturn public school segregation in Brown v. Board of Education.

Decades later, he went to Capitol Hill to testify against the Supreme Court nomination of Judge Robert Bork, whom he saw as an enemy of civil rights. In the 1990s, President Bill Clinton appointed Franklin chairman of his national commission on race relations.

Franklin’s activism was rooted in the indignities of his personal experience.

Born in 1915 in Oklahoma, Franklin was the son of a lawyer and a schoolteacher who named him John Hope after the president of Atlanta University. The family was moving to Tulsa in 1921 when one of the worst race riots in American history broke out and Mr. Franklin’s law office was burned down. He worked out of a tent for months.

Franklin planned to follow his father into law when he went away to college at Fisk. Instead, he fell under the sway of a white history professor, Theodore Currier, who inspired him to change disciplines and enroll at Harvard, then loaned him $500 when he was accepted. He earned his doctorate there in 1941.

Holding a degree from a prestigious university didn’t shield Franklin from racial insults.

When he returned south to teach at St. Augustine’s College in Raleigh, N.C., he caused a stir by walking into the whites-only state archives. It had never occurred to anyone there that a black scholar might want to use the archives.

Franklin was given a room of his own to work in, safely segregated from the other scholars.

It was one of many such slights over the years. After Pearl Harbor, Franklin attempted to volunteer for a Navy desk job but was turned down because of his skin color. As president of the Southern Historical Association, he organized a convention in Memphis but declined to attend because he couldn’t stay in the segregated headquarters hotel.

When he was named history chairman at Brooklyn College — the first black man to head a history department at a major, predominantly white college — scores of real estate agents refused to show houses to him and his wife.

Despite such episodes, Franklin’s work remained remarkably free of anger or ideology. “He has never bowed to the pressure of fashions and the propaganda of black nationalism,” Woodward, the eminent historian of the South, said in 1991.

Franklin had published only one book when editor Alfred Knopf approached him in the 1940s about writing a history of Negro Americans. Franklin didn’t want to do it at first; the subject seemed too broad. But he acquiesced, in part because no comprehensive history existed.

The result, “From Slavery to Freedom,” was “the story of the strivings of the nameless millions who have sought adjustment in a new and sometimes hostile world,” as Franklin put it in the preface.

Franklin wrote and edited many other books during a career that took him from St. Augustine’s to North Carolina Central (1943) to Howard University (1947) to Brooklyn College (1956) to the University of Chicago (1964). One of the best received works, “The Militant South” (1956), seemed particularly relevant; it explored the antebellum roots of the region’s martial spirit and appetite for violence, which were again rearing their heads during the civil rights struggle.

After years of teaching in the North, Franklin moved back South in 1980 and eventually took professorships in Duke’s history and law departments. The move suited him. Franklin cut a distinguished figure, with his erect 6-foot frame, thin mustache and courtly manners, and he found the gentler pace of Southern life more to his liking.

“The South, as a place, is as attractive to blacks as it is to whites,” he explained in 1995. “Blacks, even when they left the South, didn’t stop having affection for it. They just couldn’t make it there. Then they found the North had its problems, too, so you look for a place of real ease and contentment where you can live as a civilized human being. That’s the South…. It’s home.”

Franklin lived in Durham with his former college sweetheart and wife of 59 years, Aurelia, a librarian who died in 1999. Their only child, John W. Franklin, became a program director at the Smithsonian Institution.


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plez sez: i am a bit of a history buff and join the world in mourning the loss of this country's greatest historian of Black's in America. like me, Dr. Franklin wasn't born in the south, but we both had an affinity as this being the natural home for Black Americans.

i join the world in thanking dr. franklin in shining a light on the accomplishments and facts of our involvement in the building of America.

~ ~ Citations ~ ~

Read the Dr. Franklin's biography here.

Read the AJC.com article about the life and times of Dr. John Hope Franklin.

Read the CNN.com article about the passing of Dr. John Hope Franklin.

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Tuesday, March 24, 2009

Why the Dow Jumped 497 Points on Monday



The Dow Jones average took a leap that hasn't been seen in quite some time. Wall Street literally got high, on the news of the Treasury secretary's plan to buy up bad bank assets. Here are excerpts from the CNN Money article about the Dow increase:

NEW YORK (CNNMoney.com) -- Stocks surged Monday, recharging the rally, after Treasury's plan to buy up billions in bad bank assets and a better-than-expected existing home sales report raised hopes that the economy is stabilizing.

The Dow Jones industrial average (INDU) gained 497 points, seeing its biggest one-day point gain since Nov. 21. The gain was equivalent to 6.8%, which was the biggest one-day percentage gain since Oct. 28.

The S&P 500 (SPX) index rose 54 points, its best one-day point gain since Nov. 13. The percentage gain of 7.1% was the best since Oct. 28.

The Nasdaq composite (COMP) added 99 points or 6.8% for the best one-day point and percentage gain since Oct. 28.


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plez sez: consumer confidence is still in the crapper, but it is a good sign when wall street can begin to see light at the end of the tunnel. with the Obama administration's plan to buy close to $1 trillion in bad bank assets and housing starts up for the first time in close to a year, there are hopes that a recovery is in the offing.

unfortunately, wall street will reap the rewards of a recovery long before main street begins to feel it.

in other good news, it appears that a majority (15 of the 20 top executives) of the bonus money will be returned to a.i.g. coffers... the outstanding bonus money went to overseas executives.

~ ~ Citations ~ ~

Read the CNN Money article about how the Dow jumped almost 500 points on Monday.

Read the CNN.com article about how congressional Republicans don't like Tim Geithner's plan to buy up toxic assets from banks.

Read the CNN.com article about David Gergen's take on Geithner's plan for the banks.

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Monday, March 23, 2009

Why Some Black Leaders 'Hate' President Obama

The following is a re-print of the March 9, 2009 New America Media article by Cash Michaels (writing for The Wilmington Journal). Going back to the 2008 presidential campaign, it highlights the backlash to the Barack Obama campaign and early presidency by those in the Black community who's voices make it into the news.

The article does not necessarily reflect the views of plezWorld.

In the aftermath of President Barack Obama’s historic address to a joint session of Congress last week, the reaction to his call for American courage in the face of economic uncertainty has been widely hailed.

"Tonight, President Obama set forth a powerful vision for our country and an agenda for change that deserves the support of all Americans," said Sen. Edward Kennedy (D- Mass).

“President Obama is exactly the kind of leader we need in the face of our nation's significant challenges,” echoed Sen. Robert Menendez (D-NJ).

Instant national polls afterward showed well over 65 percent of Americans surveyed viewed the first Black president and his message favorably, with almost that many saying that they trust his leadership in this time of crisis.

And, of course, it’s no secret that ever since he mounted his historic run for the White House two years ago, Obama has ultimately enjoyed the overwhelming support of his natural constituency - the African-American community. Most Blacks see both Obama’s election, and leadership, not only as a tremendous source of pride, but an extraordinary example of excellence and achievement that all African-Americans, especially young people, should follow.

“Children with foreign-sounding names learned that they too can be president of the United States, and the electoral aspiration of almost an entire generation of young American voters was realized,” Benjamin Jealous, president/CEO of the NAACP, said the day after Obama’s historic election last November.

But not every Black leader is as fond or as proud of the new president as the NAACP and the American people are.

In fact, there are a number Black “leaders,” who span the spectrum of religion, politics and gender, who expressed during the presidential campaign, and many who continue to expound today, assessments of President Obama that range from philosophical annoyance, to petty envy, and even, in at least one case, absolute hatred.

Some actively worked to stop Obama’s election, and at least one is feverishly at work trying to legally undo it.

Normally these “leaders” - many, but not all of whom, serve as mouthpieces for right-wing organizations or interests that mightily tried to cripple Obama’s presidential candidacy - are ignored, if not dismissed, not only by the African-American community, but the public at-large.

But given the tremendous challenges Pres. Obama faces on the economic and national security fronts in his still infant administration, if his massive $787 billion stimulus plan fails to produce jobs and recovery, or if the nation is struck once again 9/11-style with a crippling terrorist attack, Obama’s critics, especially in the Black community, will gain instant currency to undermine his leadership, and possibly destroy his presidency.

One need only look at the extraordinary cast of Black characters who are fully invested in creating dire drama for President Obama.

Number one on the list is a former 2008 presidential candidate himself, arch-conservative Alan Keyes.

''Obama is a radical communist, and I think it is becoming clear,” Keyes, who lost to Obama in a contentious 2004 U.S. Senate race in Illinois, told Nebraska TV station KHAS-TV two weeks ago. “That is what I told people in Illinois and now everybody realizes it's true.''

Then Keyes, who also has at least four failed runs for the White House under his own belt, issued this dire prediction on-camera, ''He is going to destroy this country, and we are either going to stop him or the United States of America is going to cease to exist.''

Keyes, who is party to a lawsuit alleging that President Obama assumed the office illegally because he has not proven to Keyes that he is a natural-born citizen (the state of Hawaii, which has Obama’s original 1961 birth certificate locked away, confirms the president’s citizenship), alleges even further constitutional calamity for the nation.

"I'm not sure he's even president of the United States," Keyes, who refuses to address Obama as “president” continued, "and neither are many of our military people...who are now going to court to ask the question, 'Do we have to obey a man who is not qualified under the constitution?'”

Apparently the TV reporter off-camera openly displayed mocking disbelief of Keyes’ pointed charges, causing the Black conservative to say, “We are in the midst of the greatest crisis this nation has ever seen, and if we don't stop laughing about it and deal with it, we're going to find ourselves in the midst of chaos, confusion and civil war.''

To say that Keyes, who once served in the Reagan Administration, is obsessed with Pres. Obama is an understatement.

On his website, “Loyal to Liberty,” Keyes not only calls Obama a “coward,” “tyrant” and “communist,” but even suggests that the president may “threaten” Keyes’ very life and liberty with counter legal action because of the Black conservative’s efforts to remove him from office.

“To any who insist on questioning his actions, he offers the drastic change of ruin and destruction,” Keyes writes, later adding, “To tell you the truth, I expected Obama's ruthlessness, as I expect that it will escalate until his threats extend to liberty and even life itself. Tyrants are like that.”

When Irving Joyner, associate professor of law at North Carolina Central University’s School of Law in Durham, saw Keyes’ KHAS-TV interview online, he couldn’t believe it.

“Alan Keyes is the worst example of radical right-wing politics even as he clothes himself in Black skin,” Prof. Joyner told The Carolinian. “It is certainly tragic that Keyes is able to obtain undeserved and unwarranted press attention by being a lead ''attack dog'' for interests and sentiments which are in direct opposition to the best interests of the vast majority of African-Americans.”

Joyner continued, “It also demonstrates how desperate Keyes has become, and the unmitigated gall which he exhibits when he goes to any [length] to obtain some attention and public exposure, especially when it is done at the expense of the most successful African-American political leader in American history...President Obama's political success and leadership paint a vivid picture of the scope of Keyes' failures and the pitiful depths to which he has sunk.”

George Curry, veteran journalist and former editor of Emerge Magazine, was blunt.

“People such as Alan Keyes and [conservative commentator] Larry Elders have zero credibility in our community. Therefore, I never think about what they think or if they think at all,” Curry said.

Stella Adams, newly elected First Vice Chair of the NC Democratic Party, agrees.

“As an African-American who fully embraces the agenda that has been set by our President Barack Obama, I am perplexed and dismayed by the remarks of Alan Keyes and others who have made outlandish and very close to seditious statements against our President, she told The Carolinian.

“I find it hard to believe that men like Alan Keyes, Larry Elder and others are sincere in their demagoguery but rather they understand that their outlandish positions will extend their 15 minutes of fame,” Adams continued. “Unfortunately, the media believes that it must put forward the opinions of any Black pundit who speaks in opposition to President Obama regardless of its relevance, I guess it is no different from the coverage that Ann Coulter receives.”

As both Adams and Prof. Joyner indicated, Keyes heads a long list of Black conservatives who have worked overtime trying to claim Obama’s rhetoric head for their mantle.

Black conservative Ken Blackwell, the Republican former Ohio secretary of state who failed in his bid recently to become the new chairman of the Republican National Committee is another who relentlessly branded Obama a “socialist” and questioned his patriotism based on Obama’s “questionable” association with controversial figures like is former pastor Rev. Jeremiah Wright, and 60’s Weatherman radical Prof. William Ayers.

“I want to make sure we protect the integrity of our democracy,” Blackwell told conservative commentator Glen Beck last year when asked why he opposed Obama.

Conservative author Shelby Steele wrote the book, “Bound Man: Why We are Excited About Obama and Why He Can’t Win,” postulating that the Black liberal presidential candidate, like all Black liberal public figures, would have to bargain with whites that if they would forget he’s black, he won’t accuse anyone of racism. Steele felt that Obama, as some point, would undoubtedly fall short of the bargain, and lose, because, using the word “cowardice,” he refuses to define himself.

“Sometimes, he’s Martin Luther King, sometimes, he's a Black militant from the Sixties, then he’s a Baptist minister. He can be so different. There’s not yet an Obama voice. That troubles me on other levels. It’s hard to know what bag he’s going to come out of when he takes to the podium,” Steele said in an interview with Kam Williams.

Months later, when it was clear that Obama was a lot more talented than he thought and stood an excellent chance to win, Steele admitted to Fox News’ Sean Hannity that the “Why he can’t win” subtitle was an ill advised “afterthought” that he “regretted.”

Other noted Black conservatives like Walter Williams and Thomas Sowell have attacked Obama as “lacking in character, values and understanding,” and “is himself a lie.”

On the journalistic front, they’ve been joined by Juan Williams, prizewinning author of “Eyes on the Prize,” national correspondent for National Public Radio, and frequent commentator on Fox News’ Sunday and The O’Reilly Factor.

Williams, originally thought to be politically moderate, has distressed many in both the liberal and African-American communities with his remarks about both President Obama, and First Lady Michelle Obama.

In March 2008 during the height of the Rev. Jeremiah Wright controversy, Williams was frequently appearing on Fox News blasting Obama for remaining a member of Wright’s church for 20 years.

“This is the closest Black people have ever been to having a president of the United States of America. And suddenly you see, wait a second, he's playing games and corners here on the race question. He's not being straight ahead and saying, "You know what, I stand astride racial polarization.''

He's saying, ''I play racial polarization at one moment to my advantage - Reverend Wright - next moment I will distance myself and disavow Reverend Wright when that's convenient, too,” Williams said.

None other than arch-conservative radio host Rush Limbaugh, famous for playing the “Barack the Magic Negro” song on his program and calling Obama a “half-rican” because his mother was White and his father was a black African, applauded Williams’ charge of dishonesty against Obama.

Recently after the inauguration, Williams was forced to apologize when he suggested on Fox’s The O’Reilly Factor that First Lady Michelle Obama “she's got this Stokely Carmichael-in-a-designer-dress thing going. If she starts talking…her instinct is to start with this ''blame America,'' you know, 'I'm the victim.' If that stuff starts to come out - people will go bananas.”

NPR, Williams’ primary employer, was so deluged with complaints about Williams’ remarks on Fox, that the company formerly asked Fox to no longer identify Williams’ association with NPR during his appearances. He was forced to apologize, and now there’s pressure to have him fired from NPR.

The brazen attacks on Pres. Obama haven’t been limited to just politics and commentators. Several Black ministers have gotten in on the act, using the Bible to say some of the most outlandish things about the historymaker.

Conservative Rev. Jesse Lee Peterson, a frequent guest with Sean Hannity on Fox News Channel, heads up a Los Angeles-based organization called BOND Action, Inc. He has issued “10 Reasons to Fear an Obama Nation” which include “dangerous, corrupt appointments; surrender in the war on terror; perpetuating genocide against the unborn; and 'unrestrained socialism' which he further describes as “turning America into a ghetto.”

Peterson is known for saying that only Republicans and conservatives can be Christian, and “96 percent of Black people are racist” towards Whites.

When preachers like T.D. Jakes and pastor Shirley Caesar hailed President Obama’s victory, Rev. Peterson publicly attacked them as “worshiping the wrong Messiah.”
But even Peterson’s rhetoric is nothing compared to fiery attacks leveled by Rev. James David Manning, pastor of Atlah Worldwide Church in Harlem, NY.

Rev. Manning, who has made numerous radio and television appearances, and can be seen on YouTube online, made headlines last year for saying that Obama “was born trash” because he had a White mother and Black African father. He has also called Obama a “mack-daddy.”

“He got started — you didn’t notice him ’til he brought out those big-chested White women with their tight T-shirts and their short pants,” Rev. Manning preaches in one of his infamous videos. “That’s what a pimp does. He’s a mack daddy. He pimps White women and Black women. Obama is a long-legged mack daddy.”

Rev. Manning has also alleged that every speech Pres. Obama has made is tinged with his “hatred for America” and White people.

Recently, Manning has alleged that “the jury is still out on whether Obama is Black or not,” and suggested that Blacks really had nothing to be proud of in his election.

Amazingly, Manning does have a growing following, thanks to the Internet. Black Republicans like new GOP chair Michael Steele have taken shots at Obama in the past, and still do, but mostly those jibes are political in nature and rarely as deeply personal.

Many analysts say that what many of Obama’s critics have in common is that they are virtually divorced from the African-American community. They have no real base of Black support.

Intellectuals like Shelby Steele and Walter Williams work at high profile universities and conservative think tanks, so their salaries are paid by whites, not Blacks.

That’s one of the reasons why when they attack Obama or anyone else in the black community, they are seen as doing so from outside of the community, and thus, get no respect from inside.

The list of Black notables who have sought to personally and politically diminish Barack Obama is by no means limited to conservatives, a fact proven in January 2008 during the South Carolina Democratic presidential primary when billionaire Black Entertainment Television founder Robert Johnson, a Hillary Clinton friend and supporter, tried to undermine Obama, telling an audience that then candidate Sen. Clinton and her husband, former president Bill Clinton, ''have been deeply and emotionally involved in black issues — when Barack Obama was doing something in the neighborhood; I won't say what he was doing, but he said it in his book — when they have been involved.''

Johnson was making a thinly veiled reference to Obama’s published admission of drug and alcohol usage as a troubled youth. Johnson later apologized, but three months later, bashed Obama again when he said that if Obama were White, he wouldn’t be leading the Democratic primary race over Clinton.

Conservatives, both Black and White, were enjoying the free-for-all as Black Democrats seemed to line up to take cheap potshots at the young, foreign-named political rookie who dared to say he wanted to be the next Commander-in-chief.

When then- Sen. Obama prepared to face-off against Sen. Clinton and others in the primaries in December 2007, former Atlanta Mayor Andrew Young, a close lieutenant to slain civil rights leader Dr. Martin Luther King, Jr., made it clear during a television interview that as far as he was concerned, the Illinois senator was an upstart and lightweight.

Referring to former Pres. Bill Clinton’s alleged philandering in an effort to question how “Black” Obama was, Young, in an apparent tasteless dig, said, “Bill is every bit as Black as Barack. He’s probably gone with more Black women than Barack.”

Immediately realizing how off-color his remark was, Young quipped, “I’m clowning.”

During that same interview, Young said, “I want Barack Obama to be president…in 2016. It’s not a matter of being inexperienced. It’s a matter of being young.”

Even though no one from the traditional Democratic or civil rights leadership publicly came to Andrew Young’s defense, even after he later apologized, it was common knowledge that there was a resentment on the part of some of the old guard like Rev. Jesse Jackson, Young and others towards Obama because he didn’t come to them to ask for either their blessing or guidance.

That resentment was especially apparent with Rev. Jackson, who, even though he publicly supported Obama, openly criticized the Democratic candidate if he didn’t speak out on an issue of Black concern, like the Jena 6 controversy.

Jackson’s angst, and some say jealousy over the fact that Obama had clearly gone much further in his presidential aspirations than Jackson’s two unsuccessful tries in the late 1980’s, apparently boiled over when he was secretly taped in a Fox News studio last July telling a fellow guest that he would like cut Obama’s privates off because he was “talking down to Black people” about parenting.

“You are hurting Black America and Senator Obama,” Los Angeles community activist Najee Ali angrily wrote in an open letter to Jackson afterwards. “Your continued verbal attacks (see Jena 6 drama) are unwarranted. It is as if you're jealous that he has eclipsed you and both of your campaigns for the Democratic nomination.”

Rev. Jackson, who apologized even before the tape became public, has been kept at considerable distance from Obama ever since.

For many Black Democrats who supported Hillary Clinton last year, it took well into the general election before many of them finally accepted that Barack Obama could be, and should be the next president.

For many Black conservatives and religious figures, however, their opposition to Obama, and what they believed he stands for, only increased after he won election.

“It is fair game to challenge President Obama on ideological or political grounds,” Prof. Irving Joyner told The Carolinian. “That is a principled position, even if the position opposes policies of the Obama administration...It is despicable to attack the President based on his race, and the fact that Obama has succeeded where others, like Keyes, have failed. This is especially true when the attacks come from someone with the hue of an African-American.

Keyes and other 'haters of color' diminish our entire race and cheapens the historic struggles and political progress which African-Americans have made.”

Joyner continued, “Keyes' attacks are unprincipled in every respect and he, and others like him, should be condemned by every African-American in this country. It is to be remembered that success needs no explanation or justification, and failures, like Alan Keyes, have none.”

Joyner concluded, “We all should pray for Alan Keyes...because he is truly one of the very few lost sheep.”

Other defenders of Pres. Obama agree that where there is truly constructive criticism of the president and his policies from political adversaries, that should be both respected, and debated.

“I believe we have to take seriously the actions of [GOP Chair] Michael Steele and other sincere Republicans who have different but legitimate views of President Obama's agenda,” Stella Adams, NCDP First Vice Chair, said. “We must agree to disagree with their arguments and look for common ground where we can work together for the benefit of the African American community. I am eager in my position as 1st Vice Chair of the Democratic Party to explain to our community why President Obama has provided a clear path to the future for our community and our country.”

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plez sez: this was a cool article and is great compendium of those Blacks who took issue with the candidacy of President Barack Obama. unfortunately, i don't recall any mention of any Black "leaders" in the entire article (Jesse Jackson? Andrew Young? Alan Keyes?)... did you?

~ ~ Citations ~ ~

Read the New America Media Cash Michaels article.

Read the Wilmington Journal article.

Read the New America Media article about significance of Black History in the Age of Obama.

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Sunday, March 22, 2009

Open Thread for Sunday Morning in plezWorld VIII

If you haven't noticed, plezWorld has been taking a break for last couple of days. Blog burnout?!? Who knows... but I'll be back on Monday.

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The Commodores sang, "That's why I'm easy... easy like Sunday morning."

plezWorld is taking it easy today, so write what you'd like.

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Go to Kimistry 101 and check out her post on Black Marriage Day... thanks for the comment!

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Wednesday, March 18, 2009

The Breakfast Song - Tupelo, Mississippi

Someone sent me the link to this song and I just had to share it with plezWorld.

The song aired in 2004 on "The Kay Bain Show," a morning show on NBC affiliate WTVA in Tupelo, MS. It features Minister Cleo Clariet accompanied by his fiance Katherine Lane. Enjoy!



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plez sez: INSERT "joke about mississippi" HERE!

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Tuesday, March 17, 2009

plezWorld on the 2009 NCAA Basketball Tournament

Louisville, UConn, and Pittsburgh stroll into the NCAA Men's Basketball Tournament from the Big East Conference (with a strong showing from North Carolina from the ACC).

Surprising? No.

Fair? Maybe.

What about Duke (winner of the ACC)? What about Memphis (from last year's tournament final and winner of Conference USA)?

Excerpts from ESPN.com article about the 2009 NCAA brackets:

(ESPN.com) -- The Big East made history again. The conference that came together for basketball decades ago hit another milestone Sunday, when three of its teams earned top seeds in the NCAA tournament.

Louisville, Pittsburgh and Connecticut were all No. 1, joined by North Carolina of the Atlantic Coast Conference, never an outsider this time of year.

The conference also broke new ground in 1985, when it became the first to place three teams in the Final Four.

"It speaks volumes for what it means to win the Big East," said Louisville coach Rick Pitino, whose Cardinals are the tournament's overall top seed and will play in the Midwest.

The Cardinals (28-5), winners of the regular-season and conference championships in the nation's top-ranked conference, will open against the winner of an opening-round game Tuesday between Alabama State and Morehead State.

The Final Four is scheduled for Ford Field in Detroit on April 4 and 6. Last year, all four No. 1 teams made it to the Final Four. But Pitt (East), Carolina (South) and UConn (West) all know its called March Madness for a reason -- things rarely go to form.

So, time to break out the brackets, sharpen some pencils and pay into an office pool (or two).

Maybe do a little griping here and there.

Among the aggrieved: Duke and Memphis, both overlooked in the quest for top seeding, settling for No. 2 seeds despite winning their conference tournaments. Memphis is often downgraded for playing in the less-than-steller Conference USA, but John Calipari's team proved people wrong last year, making it to the national title game.


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plez sez: not much interest in plezWorld until the second weekend (when all those 10 thru 16 seeds have been eliminated). i really enjoy it when it comes down to the elite eight.

the only upset i see is memphis taking out uconn to go to the final four.

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in a related story, the georgia tech women's basketball team is going to its third ncaa tournament in three years... GO JACKETS! they have become a bigger force in the acc than the men's team!

~ ~ Citations ~ ~

Read the ESPN.com video and article about 2009 NCAA bracket breakdown.

Read the ESPN.com articles breaking down the EAST, SOUTH, MIDWEST, and WEST.

Read the AJC.com article about how Georgia Tech and UGA are sending teams to the 2009 NCAA basketball tournament - the women's tournament.

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Monday, March 16, 2009

Obama Moves to Stop AIG Bonuses

CNN.com reports that President Barack Obama is outraged by the $163 million in bonus money that is earmarked for distribution to AIG executives as bonus money:

WASHINGTON (CNN) -- President Obama said Monday he will attempt to block bonuses to executives at ailing insurance giant AIG, payments he described as an "outrage."

"This is a corporation that finds itself in financial distress due to recklessness and greed," Obama told politicians and reporters in the Roosevelt Room of the White House, where he and Treasury Secretary Tim Geithner were unveiling a package to aid the nation's small businesses.

The president expressed dismay and anger over the bonuses to executives at AIG, which has received $173 billion in U.S. government bailouts over the past six months.

"Under these circumstances, it's hard to understand how derivative traders at AIG warranted any bonuses, much less $165 million in extra pay. I mean, how do they justify this outrage to the taxpayers who are keeping the company afloat?"

Obama was referring to the bonuses paid to traders in AIG's financial products division, the tiny group of people who crafted complicated deals that wound up shaking the world's economic foundations.

The president said he has asked Geithner to "pursue every single legal avenue to block these bonuses and make the American taxpayers whole."

Obama spared AIG's new CEO, Edward Liddy, from criticism, saying he got the job "after the contracts that led to these bonuses were agreed to last year."

But he said the impropriety of the bonuses goes beyond economics. "It's about our fundamental values," he said.

"All across the country, there are people who are working hard and meeting their responsibilities every single day, without the benefit of government bailouts or multimillion-dollar bonuses. You've got a bunch of small-business people here who are struggling just to keep their credit line open," Obama said.

"And all they ask is that everyone, from Main Street to Wall Street to Washington, play by the same rules. That is an ethic that we have to demand."

Obama said he would work with Congress to change the laws so that such a situation cannot happen again.

Then, coughing, he added in jest, "I'm choked up with anger here."

Under pressure from the Treasury, AIG scaled back the bonus plans and pledged to reduce 2009 bonuses -- or "retention payments" -- by at least 30 percent. That has did little to temper outrage over the initial plan, however.

Obama received support from fellow Democrats, including Sen. Christopher Dodd, chairman of the Committee on Banking, Housing and Urban Affairs. "This is another outrageous example of executives -- including those whose decisions were responsible for the problems that caused AIG's collapse -- enriching themselves at the expense of taxpayers," the Democrat from Connecticut said.

He noted in a written statement that executives at other companies that received bailout funds have volunteered to forgo bonuses. "There's no reason why those at AIG shouldn't do the same," he said.

Later, Dodd told CNN he is considering an unusual approach to get the bonus money back.

"One idea we're kind of thinking about is a tax provision," the Connecticut Democrat said. "We have a right to tax. You could write a tax provision that's narrowly crafted only to the people receiving bonuses. That's a way maybe to deal with it."

Dodd said the notion is in the "earliest of thinking" and has not been settled on as a way to resolve the issue that has set off outrage in Washington and across the country.

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plez sez: while taking taking taxpayer money with one hand, these guys are enriching their pockets with the other... this type of behavior is reprehensible.

if AIG is in such horrible shape financially, then how in the heck is anyone there eligible for a bonus? every bonus plan i have been involved with has been tied to individual and company performance. the company performance obviously trumps any individual gains by $173 billion!!!

~ ~ Citations ~ ~

Read the New York Times article about how Obama tells Geithner to go after AIG bonuses.

Read the Washington Post article about how President Obama is pissed off about the AIG bonuses.

Read the CNN.com article about Obama's outrage about AIG bonuses.

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