Daily Archive: October 26, 2012

National

Sununu cites race as factor for Powell’s Obama endorsement

by Kevin Liptak (CNN)—John Sununu, a top surrogate for Mitt Romney’s presidential campaign, said Thursday that Colin Powell’s repeat endorsement of President Barack Obama could be explained partly by the two men’s shared race. KEY OBAMA ENDORSER—Gen. Colin Powell (Ret.), former Secretary of State, talks with CNN’s Piers Morgan. Speaking on CNN’s “Piers Morgan Tonight,” Sununu downplayed the importance of the former secretary of state’s endorsement, pointing to the support Romney’s received from former President George H.W. Bush. He went on to explain that Powell’s endorsement of Obama didn’t rely solely on the political issues at hand.”

Entertainment

Pittsburgh rapper convicted in 2008 heroin seizure

SOMERSET, Pa. (AP)—A Pittsburgh rap musician faces at least four years in prison after he was found guilty of possessing heroin found in a car stopped on the Pennsylvania Turnpike nearly four years ago. S. MONEY The Daily American of Somerset reports 29-year-old Khalid-ibn Abdullah Kareem will be sentenced Dec. 5 after Wednesday’s conviction on charges including possession with intent to deliver heroin.

Lifestyle

A few of my favorite things

Good things do come in small packages and one of the best birthday gifts I received came in the smallest package. My nephew, via his grandmother who happens to be my sister gave me one of the best gifts. It was a fabulous tube of lip gloss. Did you know I love the word fabulous? Well I do and this fabulous gloss is by Artistry, the makeup division of Amway. You can perfect your pout effortlessly with the ingenious light-up applicator and built-in mirror.

Opinion

My View: Cheat or be cheated?

by Denise Pope DENISE POPE (CNN)—Students and faculty at Harvard note that the campus is “in shock” over the recent accusation that 125 students cheated on a final exam last spring. Parents at Stuyvesant High School are stunned to learn that 66 students were accused of using cell phones to cheat during an exam. But those of us who research student behaviors aren’t surprised by the latest cheating scandals. We hear stories like these all the time.

National

Look at Obama’s faith draws criticism, praise

by John Blake (CNN)—People have all sorts of questions for presidential candidates in an election year. But there was one question I asked last weekend that scores of readers griped about: BACK ON THE TRAIL—President Barack Obama walks from the White House to Marine One, Oct. 24, in Washington, enroute to Andrews Air Force Base, Md. (AP Photo/Carolyn Kaster) Why do so many people doubt President Barack Obama’s faith?

Business

The minority business hustle

(NNPA)—“There appears to be no reason in logic why 99 percent of the businesses in the country are forced to squabble over 20 percent of the Federal purchase dollar, when a select 1 percent continue to capture their 80 percent market share largely undisturbed.” —United States Commission on Minority Business Development, 1992. (The History of Black Business in America, Juliet E.K. Walker)

DamonCarrBox

Business

Say NO WAY to PAYDAY LOANS

Payday loans are offered under various alias: payday loans, cash advance loans, check advance loans, post-dated check loans or deferred deposit check loans. I will add another alias, “Legalized Loan Sharking”. Loan Sharking is defined as a person who lends money at excessive rates of interest. Unlike Loan Sharking, if you default on a payday loan, you do not have to worry about “Mr. Guido” hunting you down to cause bodily harm. However, the ill effects brought on by Payday loans will bring a black eye to an already bruised checking account.

Business

How Romney used estate planning to build wealth

by Jerome Horton The Tax Man While it is certainly not illegal or even wrong for the Republican presidential candidate Mitt Romney and his wife to use sophisticated estate-planning techniques to minimize taxes to retain and amass tremendous wealth, it is an indication of his perspective. It has been broadly reported that their sophisticated, tax-minimizing estate-planning techniques, which have been in place for more than a decade, have allowed them to accumulate at least $100 million for their family, outside of their estate.