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    How America’s New Cabinet Can Lead Successful Change Initiatives

    The inauguration of a new president in Washington, D.C., also means a new Cabinet with goals and ideas different from those in the previous administration.

    But these new Cabinet secretaries face an old challenge: Bringing change to departments of the federal government staffed by people who have grown accustomed to thinking and acting in certain ways.

    And anyone who’s ever tried to implement change initiatives knows that it takes a dogged effort to avoid failure.

    “Various reports and studies have found that 60 to 70 percent of change initiatives don’t produce the desired results,” says Paul Thornton, who conducts leadership training programs and is author of Precise Leaders Get Results.

    If President Donald Trump’s Cabinet appointees want to succeed in their new jobs, Thornton says, they need to ask themselves these questions about change and come up with precise answers:

  • Why change? The Cabinet members need to pinpoint the problem or opportunity that requires the change initiative. What’s the compelling reason to change?

  • Who needs to change? Thornton says the first step is to identify the specific people who need to change. Beyond that target group is the secondary group; this includes people who can support and help the target group. For example, for a child to change his or her behavior, parents need to make changes to support the child. In business, the secondary group includes the managers of the employees in the target group and other people who influence them directly or indirectly.

  • What Specific Changes Are Required? Thornton says he’s often heard company presidents and senior leaders make statements such as, “We need a values-driven culture.” “We need to change the culture to be more customer-focused.” “To survive, we need to be more entrepreneurial.” People in the audience nod and applaud these pronouncements, but they leave the meeting not knowing what they need to do differently, he says. “If you can’t describe the specific change as it relates to someone’s behavior, then the change effort is doomed to fail,” Thornton says. “People need to know exactly what they need to stop doing and start doing.”

  • What Resources Are Needed? It takes time, effort, and money to train and motivate people to change. Without adequate resources, the change effort will flounder and fail. “Leaders must champion the change initiative and that includes allocating the required resources,” Thornton says.

  • Is everyone able and willing to change? Once leaders identify the target group, secondary groups and the specific changes required, they need to answer these additional questions: Are these people able to change? Are they motivated to change?

  • “Too often, leaders simply espouse vague goals like ‘world-class,’ ‘customer-focused,’ ‘adding value,’ and ‘positive culture,’” Thornton says. “These phrases may sound exciting and hopeful, but they are just empty words without further clarification. The Cabinet secretaries will need to make sure they aren’t relying on vague ideas, but can state plainly and precisely the direction they’re going.”

    About Paul Thornton
    Paul Thornton, author of Precise Leaders Get Results, is an author, trainer, speaker and professor of Business Administration at Springfield Technical Community College in Springfield, Massachusetts. He has designed and conducted management and leadership programs for UMASS Medical School, Kuwait Oil Corporation, and United Technologies, providing leadership training for over 10,000 supervisors and managers. Thornton’s books include: Leadership-Off the Wall, Be the Leader, Make the Difference, and Leadership: Best Advice I Ever Got. He has also written articles that have appeared in USA Today, Management Review and Leadership Excellence.


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    The articles on this website are provided as a community service for information purposes only. BlackRefer.com does not accept any responsibility or liability for the use or misuse of the above article content. Use this information with caution and at your own risk.

    No Implied Endorsement:
    BlackRefer.com does not endorse or recommend any article on this site or any product, service or information found within said articles. The views and opinions of the authors who have submitted articles to BlackRefer.com belong to them alone and do not necessarily reflect the views of BlackRefer.com. Resources/links that may be included in said articles are only suggested as sources for the reader to explore but we can't confirm or take responsibility for it's accurateness.






    Attorney, TV Writer Weighs In On Electoral College Decision

    A lot of wishful thinking is happening in America right now. “Maybe Trump the President will be different than Trump the Candidate.” We already know this is a fallacy. Trump the president-elect is exactly the same as Trump the candidate. “Maybe he’ll suddenly become more responsible and balanced.” “Maybe this is the kick in the pants America needs.” “Maybe he’ll be impeached.” But the most damaging wishful thought of all is: “Maybe I don’t have to do anything — maybe the electors will choose to appoint someone else, on their own.”

    The Electors should. But they won’t. Not without political pressure the likes of which America has rarely seen before. Which means we all need to be motivated. Well — how about the safety of our own lives, and the lives of everyone we love? Because let’s not fool ourselves. Anyone with a rudimentary appreciation of the powers of the president of the United States knows that the stakes are life and death. Pretending otherwise is wishful thinking.

    The president of the United States has complete and unilateral control over 1,900 active nuclear weapons. Due to advances in modern technology, the most common protocols for authorizing American nuclear weapons allow for as little as 90 seconds of reflection by the one person alive with the power to use them. How on Earth are any of us safe, how are our loved ones safe, when that person is considered entirely unqualified by some of the most respected members of his own party, and has been assessed by hundreds if not thousands of psychological professionals as having incurable Narcissistic Personality and Sociopathic Personality Disorders?

    Other than thermonuclear war, virtually every competent scientist in the world believes that the biggest threat to human survival is global warming. Donald Trump doesn’t believe global warming exists. Members of his own party have said that his ignorant insistence of this, despite the facts, should disqualify him from the Presidency. They are right. Actions must be taken, and incredibly swiftly, to address global warming or we will reach a point of no return. But the head of Trump’s EPA transition team (himself a global warming denier) consistently fights to roll back crucial stopgap measures already underway. We’re talking about our lives, people.

    Thankfully, the founders of this nation predicted this. They foresaw that the people might elect someone unfit to be president. Hence, they added the idea of electors to the Electoral College.

    There are those who mistakenly believe that the Electoral College requires electors to vote for Donald Trump. But that is the opposite of what the electors are supposed to do in circumstances like these. Lawrence Lessig, this nation’s premier constitutional expert, cleanly explains the responsibility of electors, as follows.

    “Like a judge reviewing a jury verdict, where the people voted, the electoral college was intended to confirm — or not — the people’s choice. Electors were to apply, in Hamilton’s words, “a judicious combination of all the reasons and inducements which were proper to govern their choice” — and then decide.... [T]heir wisdom — about whether to overrule “the people” or not — was to be free of political control yet guided by democratic values. They were to be citizens exercising judgment, ?not cogs turning a wheel.”

    As Lessig states convincingly and with authority — the will of the people is Hillary Clinton. She won the majority of votes by a margin of over two and a half million people. It’s pretty simple. This is a democracy, and if the winner of the Electoral College, but not the popular Vote, is unfit to serve, then the elector’s sole responsibility is to elect the winner of the popular vote.

    This deserves to be repeated in simpler form:

    No less an American than Alexander Hamilton himself expressed clearly that the Constitution established electors as a protection valve; to have a group of citizens bound not by party, but by their responsibility to this nation. Whether you like her or not, the sizable majority of voters actually chose someone who is more qualified to be president than anyone in the last few decades, Hillary Clinton. Electors are obligated, by design, to elect her.

    Clearly, there is little chance that they will do so if Americans don’t demand it. The Constitution allows for, and requires, civic involvement. We need to stand up so profoundly that the electors feel protected and supported for voting their conscience. By December 19th, those who feel an itch to speak up, but haven’t done so, are going to regret it. By January 21st, those who have remained uninvolved will have a hard time containing their regret. After January 21st, if something terrible happens, it will be impossible to justify having been silent when something still could have been done.

    Fortunately, resources exist to help us, right now. Www.asktheelectors.org is a simple tool to reach out to electors directly — use it to voice your concerns, and offer your support and thanks for their conscientious votes for Hillary Clinton. Sign a petition at Change.org, and share it on social media. Join in any public protest. And take every opportunity to speak honestly and earnestly to friends, family, neighbors, and coworkers, urging them all to join you in the fight for our shared future. If you are a Democrat, remind your Republican friends that if Trump had run as a Democrat — something he could have chosen to do - you’d be making the same argument. This isn’t about party. It’s about survival.

    This article was cowritten by Roger Wolfson, a writer and activist, and Jared Berenholz, a Television Executive.

    About Roger Wolfson:
    Roger Wolfson currently serves as a writer/consulting producer for USA Network’s "Fairly Legal. " He has also written for NBC's “Law and Order: SVU," TNT's "Saving Grace," and TNT's “The Closer,” where one of his episodes helped earn Kyra Sedgwick an Emmy Nomination. He has sold two pilots to Sony Studios, with his producer, Neal Moritz, and a pilot to CBS with Apostle Films.

    Wolfson has also served on Senator Joe Lieberman’s staff, as Legislative Assistant and Speechwriter for Senator John Kerry, and as Chief Education Counsel for Senator Paul Wellstone, who elevated Wolfson to a post on Senator Ted Kennedy’s Labor Committee. By the time Wolfson left the Senate, he was one of the few staffers ever to work for the most prominent Liberal, Moderate, and Conservative members of the Democratic Party.


    http://www.nbclosangeles.com/on-air/as-seen-on/TLA-NCXTRA-ROGER-WOLFSON_Los-Angeles-405889306.html


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    Expert comment: Trump's US TPP withdrawal annoucement a huge own goal

    If you are after an expert comment on the news Donald Trump has said one of his first acts as President of the US will be to pull the country out of the Trans-Pacific Partnership (TPP) trade deal, Kamel Mellahi, a Professor of Strategic Management at Warwick Business School and an expert on business in China and Asia, has made the following statement:

    "The TPP trade deal, yet to be ratified, took years of intensive negotiations and was hailed as a ground breaking free trade deal across the Pacific Countries.

    "It is true that, in relative terms, some countries such as Vietnam, Malaysia, Peru, Singapore and New Zealand were expected to benefit more from the TPP trade deal than the US and even Australia. It is also true that the TPP trade deal gave multinational corporations enormous powers over governments and states, but the deal was going to bring significant economic benefits to all the countries involved.

    "Beside all the potential economic benefits, the TPP trade deal was seen as a manoeuvre to reduce Pacific Rim countries’ dependence on China and tie them to the US economy. By announcing that it is going to withdraw from the TPP trade deal, the US has unwittingly scored an huge own-goal by kicking the ball in their own net.

    "I don’t think the remaining 11 countries are going to go it alone. The US withdrawal from the deal will kill it off. One cannot see the trade deal working without the US. There is no doubt that China would fill this vacuum and strengthen its economic status in the Pacific Rim region. The announced withdrawal has the capacity to do huge damage to the economies of some Pacific Rim countries and one would expect them to move closer to China while reducing their dependence on the US economy."

    Martin.Boonham@wbs.ac.uk


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    Submission-politics-presidential election
    by Narada Kenneth Brown

    Various media outlets have suggested the last presidential election was historic. I disagree. To me an historical presidential election is when something happens that has never happened before; like the first African-American or woman being elected. What is historic is the voting characteristics of the American people. Those same media outlets also suggested the reason Hillary Clinton lost the presidential election was that America couldn't get past your e-mail problems. When I heard the news reporters use Hillary's e-mail problems as the reason she lost the election, I thought my television had gone from the news to Saturday Night Live without my changing stations. Are the news outlets trying to convince me that America had a bigger problem with the candidate that has e-mail problems then they did with the candidate who, according to his own words, is a racist, sexist and who is presently on trial for fraud and sexually abusing a minor? If Barack Obama had faced the same charges as Donald Trump, not only could he be elected dog catcher, he would probably be serving time in some prison. This presidential election said more about America than it did about the candidates.

    It has been reported that Trump received about 7% of the African-American vote. So 7% of the African-Americans in America voted for the same presidential candidate as David Duke, who was the former leader of the Ku Klux Klan. How does an African-American justify joining forces with the Ku Klux Klan for any reason. In Malcolm X’s speech titled “Message to the Grassroots” he said that during slavery there were two kinds of slaves. There was the house Negro and the field Negro. The house Negro loved his master more than a master loved himself. It appears to me that same house Negro mentality still exists today. Exit polls suggested the percentage of African American voters was down in this presidential election, compared to when Barack Obama ran. So African-Americans were fired up about the possibility of America's first African-American president, but it amazes me how those African-Americans were not equally as fired up about keeping the Ku Klux Klan from moving into the Oval Office? Not only will we have to deal with this racist, for lease four years, but he also gets to appoint a Supreme Court judge and U.S Attorney General. So I ask, how can an African-American have a bigger problem with e-mails that with racism?

    Trump also won the women's vote, even though he made sexists and vulgar comments about them.

    America is a capitalist society which means the all mighty dollar is the most powerful force in America. I truly believe the second most powerful force in America is racism. After all, racism on this part of the globe began in 1492. In 1865, 393 years later, about 260,000 Southerners gave their lives in an attempt to maintain slavery. In 2016, 151 years after the Civil War, America elects the same presidential candidate endorsed by all the major white supremacist groups in America. I guess this answers my original question. America had a choice in the past presidential election between Hillary's e-mail problems and Donald Trump being a racist, sexist and presently on trial for fraud and sexual abuse of a minor and America picked Trump. Finally, the job of leading the most powerful nation on the planet was given to someone with absolutely no experience.

    brown6207@bellsouth.net


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    Young Blacks' skepticism of Hillary Clinton
    by Wilbert Collins

    Skepticism of the Clintons is wise and proper. Former President Bill Clinton’s aggressive crackdown on petty criminals, especially Black criminals, during his terms as chief executive, remains a clear example that their priorities were misplaced. Instead of focusing on widespread discrimination, education and job training, the Clinton administration chose ‘tough on crime’ strategies that put thousands of young Black men in prison.

    Today the Clintons are back with Hillary as the Democratic Party’s candidate for president who is promising to focus, this time, on discrimination, job raining and equal access to quality education. At this point, I must admit that I remain somewhat skeptical. However, we must place our skepticism in proper perspective.

    In effect, the issues at stake are bigger than Hillary Clinton or any politician. We must look at the actions of the two political parties: the democrats and the republicans. Just a cursory review will make clear to us that the past activities of the Republican party are not in our best interest. The Republicans are putting forth considerable efforts throughout this country to suppress voting rights in minority communities.

    They are fighting to roll back equal access to quality education for minorities. Most importantly, they are trying to achieve their discriminatory objectives by controlling the kind of judges that are appointed to the federal courts—especially to the US Supreme Court. The Democratic Party has issues that need to be addressed, however, it is not actively seeking to restrict our voting rights or our right to equal treatment under the law. Hence, I am presenting this letter to all ‘Skeptical Young Blacks.’ My advice is simple: keep your skepticism and please vote for the democratic party candidate anyway, and join groups and activities and continue to pressure the Democratic Party to make it more responsive to the needs of minority communities.

    As you well know, the current Supreme Court is divided equally between right-wing ideologues and progress justices. If you choose not to vote, the republicans could win the White House and tip the Supreme Court balance in favor of the far right. That will have a negative impact on the lives and rights of minorities for years to come.

    wilbert.collins@outlook.com


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    Disclaimer:
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    Are You Controlled by Your Shadow Side?
    by Beate Chelette

    At her lowest point, Beate Chelette was $135,000 in debt, a single mother, and forced to leave her home. Only 18 months later, she sold her image licensing business to Bill Gates in a multimillion dollar deal. Chelette is a nationally known ‘gender decoder,’ respected speaker, career coach, consummate entrepreneur, and author of Happy Woman Happy World. Beate is also the founder of The Women’s Code, a unique guide to women leadership and personal and career success that offers a new code of conduct for today’s business, private, and digital worlds.


    This election is very puzzling, to say the least. I have a bald spot forming because I keep scratching my head wondering where all these angry and frustrated people are coming from. On the far left it feels a lot like socialism, while on the far right the word nationalism keeps being repeated. Let there be no misunderstanding—both sides come with a lot of dangerous and unsettling baggage. But where does this kind of extremism in the general population come from? It wasn’t until I read an article from Deepak Chopra about our shadow side that I understood part of the reason why Donald Trump has gained this much popularity.


    Chopra points out, “...in reality Trump isn't bizarre or anomalous. He stands for something universal, something right before our eyes. It's an aspect of the human psyche that we feel embarrassed and ashamed of, which makes it our collective secret. Going back a century in the field of depth psychology, the secret side of human nature acquired a special name: the shadow.”


    The fight between good and evil is as old as human history. Power is the ultimate aphrodisiac for mankind. To be in charge and to rule; to have people do what you tell them; to be appreciated, respected, even feared; to be rich enough to live like a king—many of us want Trump's life. And that is where the internal struggle with our shadow side begins.

    How far will you go?
    There are many ways to reach a goal. We can tell the truth, we can be humble, or we can exaggerate. We can lie about our past and our experiences when it works in our favor. We craft a strategic play to outsmart others and make them believe everything we say. In the end, our conscience is the only judge of whether a strategy that gets us what we want is "good" or "bad."

    What can you justify?
    It’s easy to identify the people in our circles who pray to the God of Power and Money. Just to be clear neither is a leadership attribute! Through my own observations and experiences I find these people can be ruthless. They justify their behaviors by spinning the story in any way necessary to put themselves in the right light. The ultimate goal is power and the end always justifies the means.

    We know who they are and we may even be amused by their erratic and nonsensical behaviors. “He can’t help himself. He's a narcissist, what do you expect?” It seems harmless enough when we come across this type of person only once in a while. We tend to ignore them or be mildly amused by them.

    Problems arise when the mob mentality kicks in. “Yeah, what he said.” More and more people come out of the shadows, including some of our friends. We think they are level-headed and smart until we catch them repeating the irrational chant of the crowd. How many friendships have been lost during this election? Tolerance is NOT the answer.

    The anger, fear, and extreme viewpoints of superiority pop to the surface, and that's when a movement begins. History shows these types of movements are associated with volatility and strong division within a population, which leads to violence. Have you watched the news lately? Again this is not good leadership.

    On the flipside, there are people who understand the discord cannot last. Once crazy runs its course we realize the outcome of the movement is no better than what we had before. In many cases, it's worse.

    Luckily there are those who raise their voices and build their own counter-movement. They ask like-minded individuals to collectively speak up against the shadow and push it back to where it belongs. Drag them back into the light!


    Here is how Deepak Chopra muses about the outcome: “If the shadow refuses to go back underground, which is always the case, what outcomes can we anticipate over the next six months? The present situation finds us trapped between denial and disaster. Denial is when you ignore the shadow; disaster is when you totally surrender to it. Without being at either extreme, right now many Americans feel the unsettling symptom of being out of control. Trump glorifies being out of control, and until this outbreak runs its course--which no one can predict--he will remain immune to all the normal constraints.”


    What does it mean for us?
    If you do consider yourself a leader please do not follow but LEAD. I am asking you to carefully examine if you are controlled by your shadow. Are your beliefs based on denial or disaster? Or do you want to be part of the light?

    I truly believe that good will ultimately prevail. As the founder of The Women’s Code, a movement that is dedicated to improving leadership balance, I cannot sit back silently while my peers ask a shadow man to drag us into darkness.

    Because as a leader I prefer to focus on creating a better future.

    by Beate Chelette
    http://beatechelette.com/


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    Disclaimer:
    The articles on this website are provided as a community service for information purposes only. BlackRefer.com does not accept any responsibility or liability for the use or misuse of the above article content. Use this information with caution and at your own risk.

    No Implied Endorsement:
    BlackRefer.com does not endorse or recommend any article on this site or any product, service or information found within said articles. The views and opinions of the authors who have submitted articles to BlackRefer.com belong to them alone and do not necessarily reflect the views of BlackRefer.com. Resources/links that may be included in said articles are only suggested as sources for the reader to explore but we can't confirm or take responsibility for it's accurateness.






    THE CASE FOR ROMNEY

    by Professor Bentley Whitfield

    In 2005 the Gallup Organization undertook an ambitious project, the Gallup World Poll. The goal of the World Poll for the next one hundred years is to scientifically access the views of the entire world’s population on variety of important issues. A number of interesting and disturbing facts are being revealed. Global population is roughly seven billion people. After eliminating those who are either too young or too old to work, at the present time there are three billion people worldwide who want good jobs. Good jobs are defined as providing employment for a minimum of thirty hours per work and issuing a regular paycheck. Economists often refer to these as formal jobs.

    Professor Bentley Whitfield
    This is not a particularly surprising discovery. However, currently only 1.2 billion good jobs exist. Worldwide there is a shortfall of 1.8 billion good jobs. This is alarming; competition for jobs amongst nations will be fierce. Creation and retention of good jobs will be one of the most important tasks confronting world leaders in the coming decades. In The Coming Jobs War, a book by Gallup Chairman Jim Clifton, both the opportunities and pitfalls are spelled out. Global GDP is now $60 trillion. It is projected to grow by $140 trillion and eclipse $200 trillion by 2040. With annual GDP of $15 trillion (25% of total global GDP), America is the strongest economy on the planet, but there will be an economic world war to capture the businesses, markets, customers and jobs that will produce this new $140 trillion in global GDP. Winning that war will determine the quality of life, liberty and happiness for generations of Americans.

    Much of this election cycle has focused on curing the diseased state of our existing economy. The facts speak for themselves a) GDP is growing at an impotent 2% level, b) Our national debt is a staggering $16 trillion and growing, c) The trade deficit is $559 billion (2011) and growing, d) the federal government is borrowing almost 40 cents for every dollar that it spends, e) 23 million people are unemployed or underemployed, f) 49 million people are on food stamps, g) 53% of college graduates are unemployed or underemployed, and h) crime rates are rising. Our current economic problems are immense and must be addressed, but in addition we must also prepare for the looming economic battles of the future.

    Mitt Romney is the best choice for president. Selecting Romney is not an indictment of the Obama presidency. Romney will simply bring a vastly different skill set to the oval office. That skill set is better suited for addressing the economic disease that currently weakens our nation, preparing for the economic battles of the future and breaking the political gridlock that frustrates and infuriates us of all. As the governor of Massachusetts, Romney a Republican, worked in a civil and productive manner with a state legislature that was 87% Democratic. In addition to his healthcare legislation his accomplishments included a school system ranked among the best in the nation, cutting deficit spending by $1.6 billion, improving efficiency in state agencies and bureaucracies, updating jobs programs and improving the permit approval process. So, the first skill that Romney will bring to the White House is that he is accomplished in the art of domestic political diplomacy; he can work with both sides of the isle. Romney has a track record of getting the executive and legislative branches to cooperate. This may be the most important talent that he will bring to a nation that is deeply and bitterly divided.

    For much of the past four years congress and the president have fought like cats and dogs. Most of the disagreements have been driven by honest differences in policy and political philosophy, however; there is no doubt that some of the venom that has been directed at President Obama is driven by racism. Congress and the president must cooperate for the benefit of the nation. Ultimately what is in the best interest of the nation must be our priority. Can we really expect cooperation between congress and the president if Obama is re-elected? Dating back to George Washington almost every two-term president has found their second term to be more difficult than their first term. In addition, Republicans outnumber Democrats by fifty seats in the House of Representatives. It is highly unlikely that Democrats will take back the House. Even if Democrats retain the senate it will be with a razor thin majority. Obama is a good and decent man, but if re-elected he will be mired in the same toxic situation that now exists. More importantly, the fate of 308 million Americans will be mired in the same toxic mess that now exists. An Obama win will leave his supporters elated for one night. Our nation will be condemned to political fist-fights and stagnation for another four years. Who is at fault is important but it is not a priority. America must be our priority. A Romney presidency simply has the greatest chance of producing cooperation between the executive and legislative branches and that is best for America, our children and our future.

    Romney’s second skill is his immense knowledge of business and economics. Jim Clifton argues in The Coming Jobs War that in the next thirty years “a new $140 trillion of customers, employees, new businesses, and equity will come into the global mix. The global war for jobs will be an all – out battle.” With more than a quarter century of experience as a hugely successful executive in a field that requires vast knowledge of multiple businesses and industries, Romney is a compelling presidential choice for a nation with a floundering economy and facing brutal economic competition. Romney began his career with the consulting firm Bain and Company. In 1984 he formed Bain Capital, a private equity firm, along with two other Bain and Company partners, T. Coleman Andrews and Eric Kriss. He was encouraged and supported by Bain and Company leadership.

    Bain raises capital from investors. That capital is then invested into companies that have been vetted by Bain and are determined to be good bets. They initially focused on venture capital deals. Venture capital transactions are typically made during the early stages of a company’s life. These companies will often have innovative technology or highly attractive business models. Around 1989 Bain became involved in leverage buyouts (LBOs). LBO transactions also involve investing in companies; these companies are typically older and more mature than those of venture capital deals. LBOs are often used to secure positions in struggling companies where investors believe they can turn around the company and make it profitable or sell off parts of the company at a profit. Many LBOs use the cash flow or assets of the target company to repay or secure obligations incurred with acquiring the target company. Since its founding Bain Capital has invested in hundreds of companies, the following are some of the more well known companies: AMC Entertainment, Aspen Education, Brookstone Retail Stores, Burger King, Burlington Coat Factory, Clear Channel Communications, Dominos Pizza, Double Click, Dunkin Donuts, D&M Holdings, Guitar Center, Hospital Corp of America, Sealy, Sports Authority, Staples, Toys R Us, Warner Music and The Weather Channel. These companies alone currently now employ more than 600,000 people.

    When most people buy a stock we know the story behind the company and we may study some technical data such as earnings per share, price earnings ratios, and dividend yields. The research conducted by equity funds, such as Bain Capital and other institutional investors, is far more thorough and exhaustive. Their research involves multiple visits to each company they will invest in, multiple meetings with management, reviews of audited financial statements and internal financial documents, legal reviews of existing contracts and obligations, projections of future performance, reviews by outside experts to verify the quality and quantity of natural assets, background checks of management, evaluation of competition and reviews of political and legal conditions that may affect overseas operations. Following this intense research, and before an investment is made, often complex contracts and corporate structure documents are executed.

    It is important to understand that Romney engaged in this voluminous type of fundamental research, not only for the hundreds of companies that Bain Capital invested in, but also for companies that Bain Capital declined to invest in. This is what consumed his life day after day for decades. He understands what is good and bad for business in all regions of the country. The result of his undergoing this quarter century crucible is that with respect to economics and business, Romney will be the most knowledgeable president to ever occupy the White House. Essentially Romney is an economic specialist who can take office during an economic crisis.

    Historically the United States has elected presidents with very special skills to address very specific problems. Our “specialist presidents” have served the country well. Shortly after winning our independence as a nation, survival of the United States was far from certain. There were wolves all around us. Great Britain was bitter at having lost the colonies. They still had troops in the Michigan area. Canada was a part of their empire. France had helped the United States win its independence and they wanted to exert more influence over this infant nation. Both France and England were 18th Century superpowers. Neither country “loved” our new nation. Neither would have shed a tear “if the baby were killed in the crib.” The most important task for our early presidents was to make sure that the nation survived. The special skill required of this first generation of specialist presidents was knowledge of foreign policy and diplomacy.

    It is no surprise that six of our first eight presidents came to the White House with substantial foreign policy expertise. (John Adams – US Minister to the Court of St. James, Thomas Jefferson – 1st US Secretary of State, James Madison – 5th US Secretary of State, James Monroe – 7th US Secretary of State, John Quincy Adams – 8th US Secretary of State, Martin Van Buren – 10th US Secretary of State). Even with this considerable level of diplomatic expertise in the White House, we narrowly avoided a war with France in the late 1790s and the US did fight a second war with Great Britain, the War of 1812. But ultimately this first generation of specialist presidents succeeded. The baby was not killed in the crib, the United States survived.

    The period following the Civil War was dangerous. It was uncertain. Three presidents were assassinated between 1865 and 1901 (Abraham Lincoln, James Garfield and William McKinley). Would elements of the Confederate Army fade in and out of the mountains and forests engaging in ongoing guerrilla warfare? Would some foreign power take advantage of our weakened condition after we had tried to commit suicide as a nation? Would some other internal conflict erupt? These were real concerns. The special skill required of presidents of this era was simple, rock solid military experience. The chief executive had to come to the oval office with the ability to check any convulsions that might arise from within or any threat that might be external. From 1868 to 1900 six of the seven presidents elected held a military rank of major or higher and five were former generals (US Grant – Commander General of the Army, Rutherford B. Hayes – Brevet Major General, James Garfield – Major General, Chester A. Arthur – Brigadier General, Benjamin Harris – Brigadier General and William McKinley – Captain Brevet Major).

    These presidents are collectively guilty of some giant failures. The conquest of the west involved a bloody, brutal suppression of Native Americans resulting in the taking of their lands and to a large extent the destruction of their culture. The Reconstruction era saw the rise of domestic terror groups such as the Ku Klux Klan who disenfranchised African Americans and committed unimaginable acts of violence against Black men, women, children and even unborn fetuses. These acts are unforgivable. But on the one do or die issue they faced, which was to make sure that the country avoided another near-death experience, this second generation of specialists presidents was enormously successful. By the end of the 19th century American had not only survived, it had the largest economy in the world.

    Romney is clearly an economic specialist. He is the best choice for a nation facing an economic crisis. While we are not facing a national life and death situation, we are facing a potential nation changing scenario. We must grow our economy. We must bake a bigger economic pie. According to the 1950 US Census America had a population of 150,697,361. 89.54% of the country was white, the rest largely Black. Six decades later our population now exceeds 308 million and America is no longer a White and Black country. As of 2010 63.4% of the population is White, 16.7% are Hispanic, 13.1% are Black and Asians are now one of fastest growing ethnic groups. Growth in population and diversity can be a good thing. It can also be a problem. It must be accompanied by comparable economic growth. Insufficient economic growth means that more and more people must share a smaller and smaller pie. That economic pie must also feed the debt service payments on our $16 trillion national debt. Without sufficient growth, somewhere in the future these different ethnic groups will clash.

    Adequate economic growth cures so many problems. It drives down unemployment, it provides funds to update our aging infrastructure, it funds education, it funds healthcare initiatives, it allows us to humanely absorb the undocumented among us and it will allow us to begin to address the problems with Medicare. We must grow the economy. The economy is driven by the private sector and only one candidate has vast experience with the multiple industries and businesses that fuel the private sector. Mitt Romney is the best candidate for president in 2012.

    By Professor Bentley Whitfield Bentley whitfield2000@yahoo.com 516 909-1874 B. Whitfield is a professor with the State University of New York (SUNY) and a former Wall Street vice president and portfolio manager. The views expressed are his.

    ooOoo


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    PRESS RELEASE
    Release Date: September 20, 2012
    Country of Issue: USA

    Top political scientists predict outcome of the 2012 presidential election


    Twenty eminent election forecasters explain their forecasting models and offer their predictions for the 2012 US presidential election, in PS: Political Science and Politics, published by Cambridge University Press for the American Political Science Association.

    With a range of forecasting models and experts, the forecasts vary, but none are predicting a big win either way; yet another indication that 2012 is shaping up to be another very close race. Five models predict a modest to close plurality for Barack Obama (though three of these are on the cusp of predicting a toss up), five predict a modest to close popular vote victory for Mitt Romney, and three regard the election as a toss up. The forecasts range from predicting a 53.8% vote for Obama to a 53.1% vote for Romney.

     2012 presidential election
    Editor of the journal's forecasting symposium, James Campbell, said: "It is difficult to say exactly why the forecasts vary as much as they do this year, but it appears that those that rely more on the existing holder of office and early public opinion indicators tilted more toward Obama, while those that depend more on objective economic variables tipped toward Romney."

    The thirteen forecasts and introduction will be published in the October issue of PS: Political Science and Politics, scheduled for release on Cambridge Journals Online early next week. Articles will be available online, for free, for a limited time at journals.cambridge.org/psc.

    Notes to editors
    For further information please contact Michael Marvin of Cambridge University Press at (001) 211.337.5041 or by email at mmarvin@cambridge.org.

    About PS: Political Science & Politics
    PS: Political Science & Politics is the journal of record for political science reporting on research, teaching, and professional development. PS , first published in 1968, is the only quarterly professional news and commentary journal in the field and is the prime source of information on political scientists' achievements and professional concerns. For more information, go to journals.cambridge.org/psc.

    Contributing to the October issue forecasting symposium are:
    Alan Abramowitz of Emory University,
    Michael Bednaczuk University of Wisconsin, Milwaukee,
    Michael J. Berry of University of Colorado, Denver,
    Kenneth N. Bickers of University of Colorado, Boulder,
    James Campbell, University at Buffalo, SUNY,
    Alfred Cuzán of University of West Florida,
    Robert Erikson of Columbia University,
    Douglas Hibbs
    Thomas Holbrook of the University of Wisconsin at Milwaukee,
    Florian Hollenbach, Duke University,
    Bruno Jerôme, University of Paris,
    Véronique Jerôme-Speziari, University of Paris,
    Carl Klarner of Indiana State University,
    Michael Lewis-Beck of the University of Iowa,
    Brad Lockerbie of East Carolina University,
    Jacob Montgomery,Washington University, St. Louis,
    Helmut Norpoth of Stony Brook University,
    Charles Tien of Hunter College, CUNY,
    Michael Ward of Duke University, and
    Christopher Wlezien of Temple University.

    About APSA
    Founded in 1903, the American Political Science Association (APSA) is the leading professional organization for the study of political science and serves more than 15,000 members in over 80 countries. With a range of programs and services for individuals, departments and institutions, the association brings together political scientists from all fields of inquiry, regions, and occupational endeavors within and outside academe in order to expand awareness and understanding of politics.

    APSA publishes three academic journals, the American Political Science Review, Perspectives on Politics and PS: Political Science & Politics, and is associated with over 15 additional political science journals through its organized sections and which cover a range of topics and areas within political science and related fields.

    For more information, go to www.apsanet.org.

    About Cambridge Journals
    Cambridge University Press publishes over 300 peer-reviewed journals, including journals published on behalf of over 100 learned societies, which form the latest in research and discovery across a range of topics. Many of these journals are the leading academic publications in their fields and together they form one of the most valuable and comprehensive collections of research available today.

    Across the world, Cambridge Journals are available in online and in print - keeping scientists, researchers and scholars abreast of crucial developments in research. For further information, go to journals.cambridge.org



    ooOoo


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    The articles on this website are provided as a community service for information purposes only. BlackRefer.com does not accept any responsibility or liability for the use or misuse of the above article content. Use this information with caution and at your own risk.

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    BlackRefer.com does not endorse or recommend any article on this site or any product, service or information found within said articles. The views and opinions of the authors who have submitted articles to BlackRefer.com belong to them alone and do not necessarily reflect the views of BlackRefer.com. Resources/links that may be included in said articles are only suggested as sources for the reader to explore but we can't confirm or take responsibility for it's accurateness.








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