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Mikki. LOL! Get back on your meds. Your paranoia has reached it's climax!
Other news services have videos and SWORN statements? What planet are you from?
You then proceed to babble about trying to ruin this mans reputation? Huh? Sorry there sparky. He doesn't need any help from me. LOL! You in love with Jackson?
I'm a blight on this country? LOL! Oh man. You are getting more entertaining with every post! You've fought against my kind? LOL! You don't even know me yet you are ASSuming once again. How many other boards have I posted it to you ask?
Why don't you use whats left of your brain and check my profile to find out? Take your meds!
Next time someone posts an article why not say you disagree with what was written in the article and why.
Instead of coming after the person who presented it.
That way you won't find yourself looking like an idiot!
God Bless America!
Excel
mikki. Who are you to tell me to go away? Answer the question. I don't care if the story is from CNN or CNBC.
How do you know a story is true without video of such story? You don't.
This is an opinion story like a lot of stories. You are dense as a brick. If you can't take the heat kid don't come out attacking me for posting a story. I didn't mention a thing about it. Just posted it. I thought I'd let you and anyone else reading it to make up their own mind. But not you. No your punk ass comes out attacking me from the start. Let me clue you in on something. I'm not a liberal or a conservative.
So stick that up your (_:_)
God Bless America!
Excel
http://www.cnsnews.com/
Jesse Jackson Called the 'Godfather' of Shakedowns
By Marc Morano
CNSNews.com Senior Staff Writer
October 23, 2001
(This is the second of two articles focusing on Jesse Jackson's business dealings)
(CNSNews.com) - A Washington D.C. public relations executive is warning clients about the consequences of "appeasement" in dealing with Jesse Jackson, and labels Jackson the "godfather" of corporate shakedowns."
Nick Nichols' book, entitled The Rules for Corporate Warriors: How to fight and survive attack group shakedowns, follows a highly publicized deal in August of this year between Jackson and Toyota Motor Sales USA, in which the automaker agreed to spend nearly $8 billion over ten years to increase minority participation in the company. Prior to the agreement, Jackson had threatened to organize a boycott against Toyota.
Toyota is also accused of buckling under Jackson's pressure by diverting a portion of a $300 million bond offering to supporters of the civil rights leader. Toyota claims the bond offering was merely a "coincidence," and unrelated to its agreement with Jackson to boost minority participation at the company.
"We have had protection rackets for several thousand years because they work. The Mafia has made protection an art form. Jackson has taken a lesson from history," Nichols told CNSNews.com.
He defines a shakedown as occurring when a group or individual like Jackson makes "a highly exaggerated or completely bogus allegation and the message to the company is you either do things our way or we are going to take this public, embarrass you, hurt you on Wall Street and do a lot of damage."
The next step, Nichols said, involves the corporation consulting with a public relations firm, which usually recommends that the company meet the demands of the pressure group. But Nichols cautions against taking this advice.
"That is the attitude that was held by [former British Prime Minister] Neville Chamberlain when he tried to do this with Adolf Hitler. It didn't get him anywhere and it's not going to get them anywhere," he stated.
When a company gives into these types of demands, they are open to even more pressure, according to Nichols.
"Once your corporation has been marked as a company that is prepared to pay up and roll over, other groups who also make a living from doing this kind of thing start to go after you," he stated. Nichols cites Starbucks' decision to meet the demands of the organic food industry as a recent example.
"Starbucks rolled over. Now every time you pick up the paper, someone new is attacking the company. It's an easy hit for people who simply want to engage in a protection activity."
Nichols expects more corporations to give in to the demands of Jackson because "a lot of corporate executives are getting counsel from PR flacks and others to basically engage in appeasement. It's a lot easier to do than to fight back."
A Quid Pro Quo?
Critics say Jackson's agreement with Toyota shows a familiar pattern.
Ken Boehm, chairman of the National Legal & Policy Center (NLPC), said Toyota's finance division sold a $300 million bond offering, with a portion going to two financial contributors of Jackson, just one week after Jackson's boycott was delayed. The NLPC filed a complaint with the Internal Revenue Service earlier this year alleging that Jackson's Citizenship Education Fund (CEF) had violated several tax code provisions.
"There is a $300 million security offering that gets farmed out through the underwriter to two of Jackson's biggest supporters on Wall Street," Boehm said, noting it happened just one week after Jackson announced he was delaying the boycott against Toyota.
"Sometimes things are exactly what they look like. This is one of those times," Nichols said. "You have a quid, a pro and a quo."
The New York Post reported that Toyota sold a $300 million issue of medium-term notes through Goldman Sachs, "listing two street firms whose owners are big Jackson supporters - Blaylock & Partners, and Williams Capital - as sellers of the issue."
Blaylock & Partners contributed $30,000 to CEF and also benefited from Jackson's opposition to a merger between AT&T and TCI, Boehm alleged. "[Jackson] dropped his opposition when the companies hired Blaylock & Partners to float an $8 billion bond offering. AT&T then gave [Jackson's] CEF $425,000," according to Boehm.
Williams Capital has given Jackson at least $50 thousand in contributions, Boehm said.
"That would be strictly coincidence and not part of our reason for using them," Mike Michels, a spokesman for Toyota told CNSNews.com, regarding the multi-million dollar medium-term note sale involving the two firms. "There was no quid pro quo," he said.
Boehm counters, "I think it is what is looks like. It is no coincidence at all. It was the payoff."
Jackson's Rainbow/PUSH organization threatened the nationwide boycott of Toyota because of a company ad featuring a black man with a gold tooth reflecting the company's RAV4 sport utility vehicle.
The ad was denounced as racist and Toyota quickly dropped it. But in May, Jackson began his boycott campaign demanding more minority participation in the company.
On June 20th, after a series of meetings with Toyota, Jackson announced he was postponing the boycott and set a deadline of Aug. 1 to resolve the issue. Toyota made it known that it wanted to resolve the boycott threat by working with Jackson to reach an accord. According to Boehm, the stock offering was made at the end of June and Toyota's agreement with Jackson's Rainbow/PUSH coalition to increase minority hiring was finalized Aug. 8.
Michels laments that there is a "lingering perception that our corporate diversity plan was in some way a contract or some kind of agreement with Rev. Jesse Jackson. It is not."
He instead credits Jackson with allowing Toyota "to delve into our diversity programs much more comprehensively than we had in the past" and giving the company "an excellent opportunity to look at it in a holistic fashion."
A Familiar Pattern?
Boehm believes Jackson's threatened Toyota boycott followed a familiar pattern.
"He makes a threat, the corporate folks who are being threatened cave in by giving money to Jackson's groups, or friends, or business associates and then a boycott is averted. That is exactly what happened here. It's a one, two and three that has characterized virtually every one of his boycotts," he said.
Keiana Peyton, a spokeswoman for Operation PUSH, told CNSNews.com that Jackson has been proven financially clean.
"In the probes that have already been completed, they have found no financial improprieties," she said.
Boehm said he is unaware of the "probes" referred to by Peyton. "To say he has been cleared, I would like to know who cleared him and when. Just about anytime he has ever come under official scrutiny, he has never come up clean," Boehm said.
When pressed to name the probes to which she was referring, Peyton would only reference a Jackson media relations effort earlier this year.
"We had a national press conference with CNN, local papers, FOX News. We gave them a tour of our financial records and financial offices and again those accusations that were raised, no evidence was found," she offered.
Boehm explained that "Jackson's entire career has been marked with financial irregularities going back to grant money in the 1970s with federal auditors to the present day use of charitable funds to pay his mistress." The latter accusation refers to a scandal that became public earlier this year when Jackson admitted he had fathered a child out of wedlock with a former employee, Karin Stanford. According to the NLPC, Jackson also may have used funds from his Citizenship Education Fund to help Stanford buy a house in Los Angeles, a charge Jackson's organization denies.
"There is a compelling pattern that Jackson helps those in the minority community that help him first," Boehm noted.
Peyton defended Jackson's tactics and said there was nothing unusual about them.
"There might be persons, that the reverend or our trade bureau members are familiar with their records, their work histories, their ability to provide services. The average person would only want to recommend persons that they have worked with personally or could vouch comfortably for them," she explained.
"But as far as it being exclusively for a particular group of people, that is not the case at all."
'Just Say No'
Nichols, who runs his own PR firm, counsels his clients to fight back against any potential shakedown artists. "The corporations who engage in [fighting back], normally you don't see much coverage of them because the attacker usually goes away once they find out they can't get away with it," he said.
When confronted, he advises clients to "just say no" and "notify federal law enforcement that your company is the potential target of a shakedown on the part of some group or organization." He maintains that reporting the activity to law enforcement would have a chilling effect on the group's pressure tactics.
For corporate executives skittish about such action, Nichols warns that they have no alternative. "You have to stand up and fight even if you do sustain some short term damage because in the long run the damage is going to be far greater," he advised.
Part One: Jesse Jackson Accused of 'Racketeering' by Top Black Businessman </ViewCulture.asp?Page=\Culture\archive\200110\CUL20011022a.html>
God Bless America!
Excel
Mikki. Give proof? Tell me something bozo. What PROOF do you have of ANY news story you read? You answer that question.
My posting this would say I don't like blacks you say? LOL! Hellloooo!!! My posting this says I feel sorry for them when it comes to this joker trying to act like he is helping them. Or can't you read?
God Bless America!
Excel
mikki. Spam? You call this spam? Is that the best you can do? Now you are telling me to go away? LOL!
Do you have proof it isn't true? I put the artical on here for people interested in the truth of what most people already know. That is Jackson is a greedy back stabbing con man who is a wolf in sheeps clothing. If you can't understand that..... Not my fault!
God Bless America!
Excel
Hi Jerome. Yes. The Mariners choked bigtime. Some teams only get a few chances to be this close to the prize. I hope this wasn't it for them. Now on to wishing Randy well.
Whats football? LOL!
God Bless America!
Excel
Hey mikkj. You must not have got any last night. Is that your problem? Hmmmmmm. Just because you don't know who the news service is because of your uneducated self this makes it uncredible? LOL! Jackson has pimped the black man from the beginning. You are a fool if you don't know that. The only ones he has ever helped are the ones who end up filling his own personal pockets. And oh that buddy of yours Jackson. Reverend Jackson? LOL at Reverend part. Ya right. He sure has been a great example for black kids the ones he is suppose to have look up to him. YEP! Every black kid should have a mistress! Get a life and a new hero!
God Bless America!
Excel
Jesse Jackson Accused of 'Racketeering' by Top Black Businessman
Marc Morano, CNSNews.com
Monday October 22, 2001
CNSNews.com -- One of America's wealthiest African-Americans, asked by Jesse Jackson to assist with Jackson's "Wall Street Project," says the tactics used by the civil rights leader amounted to "racketeering."
A prominent black broadcast executive says he's been the victim of intimidation at the hands of Jackson and is fighting the Federal Communications Commission's efforts to block the sale of his television stations.
A black entrepreneur seeking aid from one of Jackson's groups describes it as "a boys club to me, an inner circle," that he cannot penetrate.
Officials with Jackson's various interests largely refused to comment on these complaints, which represent a growing number of concerns about some of the methods used by Jackson to advance his agenda.
But increasingly, more African-American business professionals are wondering whether the reverend represents American blacks to the extent Jackson says he does.
Accusations that Jackson 'Stiffed' the Poor
Businessman Harold Doley, Jr. said he thought Jackson "was going to do what he was saying," in launching the Wall Street Project.
Founder and chairman of the New Orleans-based Doley Securities, Inc., and rated as one of the country's 100 wealthiest African Americans by Securities Pro, a newsletter covering blacks on Wall Street, Doley was asked by Jackson in 1996 to help with the Wall Street Project, a program designed to promote minority participation in corporate America.
As the first African American to purchase a seat on the New York Stock Exchange in 1973, Doley was thought to be able to open many doors for Jackson on Wall Street.
"I got to really know Jackson," explained Doley, who added that he shared the project's stated goal of "making corporate America look more like America from the entry level to the board room."
He explained that Jackson's original vision appealed to him. "This is what is appropriate, this is where America needs to be going," said Doley. "I felt what he was doing was good, good for America, and good for my business."
But after initial exuberance about the Wall Street Project, Doley became disillusioned.
Jackson went after the multi trillion-dollar pension fund industry in his quest for minority empowerment and worked for legislation to require 10% to 15% of the nation's pension funds, depending on the state, to be brokered or managed by minority firms.
Doley disapproved of the methods Jackson employed in persuading the pension industry to aid minorities. "What worried me was the way he operated, dealing with these veiled threats," he stated.
Doley soon realized that Jackson's efforts "directing an enormous income from pension [funds]" were only being channeled to "roughly 10 firms that qualify."
He doubts most Americans know "that they were paying and putting money in Jesse Jackson's coffers to the tune of $170 million in commissions a year, 10% of which is going to Jackson."
Doley says he was a first-hand witness to how "Jesse in effect stiffed the poor people of America." According to Doley, Jackson gave political cover to a bank merger that "cut out $330 billion dollars" over a 10-year period to poor communities in the U.S. The merger did not meet the minimum standards of the Community Reinvestment Act (CRA), which requires that financial entities do not negatively impact poor areas of the country.
According to Doley, representatives from Operation PUSH and the Wall Street Project went before the Federal Reserve Board and testified that the deal was in the best interests of America, despite the fact they did not meet CRA guidelines.
Doley could not believe Jackson would support a merger that "fell short by $330 billion dollars going into communities in terms of mortgages and services provided by financial institutions. This was a tremendous loss."
According to Doley, Jackson "knew the mega mergers were not meeting the guidelines ... but Jesse was getting contributions because of his support" for the deals.
An incredulous Doley decided to personally confront Jackson about his support of the bank merger. The meeting was not very productive. "I said, 'man, you cannot do this.' And I went over the numbers quickly and he just walked away," Doley recalled. Despite Doley's protestations, the merger was finally approved.
Doley says he then saw Jackson in a completely different light. "What he was doing was a kind of RICO operation, both criminal and civil. It was racketeering."
Doley consulted with several attorneys, confiding that "I am concerned that what is going on here may be illegal." The attorneys' advice was simple: "If you have to ask, get out," they offered.
"I just eased on out," Doley recalled. After spending about two years working with Jackson, he now calls him a "Civil Rights Entrepreneur" whose moneymaking ability is beyond comparison. He noted that in 1996, Rainbow PUSH had a gross income of $695,000 and by the year 2000, it grossed $17 million. "He's done better than any goddamn dot-com stock that I am aware of," Doley said.
His advice for young entrepreneurs who may want to partner with or join one of Jackson's organizations is blunt. "I tell them they could go in the hood and go into a partnership with a crack dealer if all they are interested in is the money," he explained.
When contacted for reaction to Doley's charges about Jackson, press spokeswoman Keiana Peyton of Rainbow PUSH, refused to answer any specific questions, stating only that Jackson's efforts have "opened the market and evened the playing field for persons who have historically been locked out of this access to business and capital."
Powerful Broadcaster vs. Powerful Civil Rights Leader
"I am not giving in to him, I won't give in to his pressure tactics," broadcaster Eddie Edwards of Glencairn Ltd., told CNSNews.com. Edwards is trying to sell his television station group to Sinclair Broadcast Group, but Jackson has stepped in and petitioned the FCC to try and block the sale.
Edwards, of Pittsburgh, is considered one of America's most powerful black broadcasters, coming in only second to W. Don Cornwell of Granite Broadcasting, according to Media Week magazine.
He traces his troubles back to his decision to start his own Black Broadcasting Alliance (BBA), a competitor to what he calls the Jackson-friendly National Association of Black Owned Broadcasters (NABOB).
The Black Broadcaster Alliance was formed because "NABOB tries to control minorities in broadcasting," according to Edwards. "None of my difficulties began until I started BBA. They really came after me," he explained.
Edwards said Rainbow PUSH attorney David Honig accused him of being a "front man" for Sinclair Broadcasting. Edwards recalled that Honig told him, "You, in short, play by our rules and deal with us or we will get you." But Edwards was not easily dissuaded.
"I am not going to be intimidated. I told them once, twice, a hundred times. I am from the same street they are and I have worked too hard to get where I am and if you think you are going to try and muscle me through words and through manipulating the system, you got another thing coming," he stated.
Jackson petitioned the FCC to halt Edwards' proposed sale of 19 television stations to Sinclair and the approval of the deal has been in legal limbo since May of 1998. The deals are estimated to be worth $1.5 billion.
Martin Leader, an attorney for Sinclair Broadcasting, explained that the company has probably "lost millions of dollars" because of the FCC delays.
Edwards bristles at the charge that he is a "front man" for Sinclair. "I don't have to dignify that. My 35 years in the business is second to none," he offered.
Leader said Edwards "owns 100% of voting stock [in Glencairn].
"Sinclair people have nothing to do with Glencairn and the commission has so found that," he added, referring to earlier FCC letters. CNSNews.com obtained a copy of the petition that Leader filed with the U.S. Court of Appeals for the District of Columbia on September 10. The petition calls for "prompt action" by the FCC in rendering a decision.
The U.S. Court of Appeals for the District of Columbia has ordered the FCC to respond to Leader's petition by November 14th.
"The FCC's inaction on the applications has evidently been caused by the refusal of Sinclair to accept improper demands by the commission to sell broadcast stations to minority purchasers solely because of their race and the resulting hostility that continues at the commission," the petition states.
According to affidavits filed by Leader, the chief of the Mass Media Bureau at the FCC, Roy Stewart, met with Sinclair representatives in April of 1998 and stated, "If you repeat anything that I say here, I will f*****g deny it."
Stewart then allegedly told Sinclair representatives that "Chairman Kennard wanted to see more minority ownership in broadcasting" and made it clear that they did not regard Edwards as a viable minority, according to the affidavits.
Stewart "made it very clear that if Sinclair could do something to assist in [the goal of minority ownership] ... it would be very beneficial to the processing of its applications," the affidavits allege. They also accuse Stewart of threatening Sinclair by stating that if they did not cooperate, "Chairman Kennard would make it 'really painful' for the company."
Leader said the FCC did not see anything wrong with Sinclair or Glencairn business dealings before Jesse Jackson got involved. The FCC had previously approved seven applications between Glencairn and Sinclair.
Edwards maintains "Jesse and his group have strong relationships with individuals within the FCC." He added, "The stations out there that have cooperated with [Rainbow PUSH] had to render favors of some kind and I refuse to play that game."
He noted that the temptation is great to give in to the tactics because "most broadcasters can't afford more delays. Delays cost money." But he remains resolute, declaring, "I am the first black or white person to step up and to speak out [against Jackson].
"The influence that Jesse Jackson has in Washington, there are people genuinely afraid of this man," Edwards said. However, he added, "Jackson does not represent all black people."
Peyton, a spokeswoman for Jackson, declined to comment on the specific charges made by Edwards and Sinclair Broadcast Group.
She reiterated that Jackson "has worked to even the playing field for minorities and female-owned businesses that have not in the past had access to meet with certain businesses to even showcase their talents and abilities."
Young Entrepreneur Disillusioned
Frederick Jones is a young African American entrepreneur who became disillusioned with Jesse Jackson's Rainbow PUSH organization after multiple attempts to seek aid for his small business.
"The more and more I got into it, I started finding out that if you didn't have ties with the reverend or didn't have money invested, you weren't getting helped," he told CNSNews.com. Earlier this year, Jones approached Rainbow PUSH with a complete business plan and expected to receive consultation and help.
"Every article I read had these prominent minority business people who are supposed to be so helpful with their guidance, with their time, but nobody returns your phone call, nobody talks to you," he stated.
Jones is in real estate development and information brokering. He explained that he contacted several of Jackson's organizations, including the Wall Street Project, because its goal is to "partner with minority business people and help mentor you and guide you along and help with introductions."
A frustrated Jones said he called many members of Jackson's inner circle, including Chester Davenport of Georgetown Partners, who would not take or return the phone calls.
"I called so many times that [Davenport's] secretary Eunice knew my name and my voice," he stated.
Jones claims Rainbow PUSH tried to extract a $250 small business fee from him and another $250 registration fee for a conference.
In a phone conversation with one of Jackson's organizations, he was asked whether he had "joined Rainbow PUSH." Jones asked, "Is it necessary?"
The answer he received from a woman who refused to identify herself was, "It helps if you are a member of the organization, to get help from them."
Jones said he complained that none of the promotional material said "members only." However, according to Jones, the woman persisted that Jones "should call the Rainbow PUSH offices and ask for a membership package."
Jones has since lost interest in receiving any help from Jackson. "It's a boys club to me, an inner circle," he lamented.
Peyton countered that "every Saturday here in Chicago, we host trade bureau meetings, open to the general public, to come and network. She added "that membership in Rainbow PUSH is recommended but not a prerequisite," to receiving business consulting and support.
But Jones is soured from his experience. "Why would you want to join something that is going to keep you an outsider?"
Copyright CNSNews.com, All Rights Reserved
God Bless America!
Excel
Who's sick MO does this remind you of?..............
Jesse Jackson Accused of 'Racketeering' by Top Black Businessman
Marc Morano, CNSNews.com
Monday October 22, 2001
CNSNews.com -- One of America's wealthiest African-Americans, asked by Jesse Jackson to assist with Jackson's "Wall Street Project," says the tactics used by the civil rights leader amounted to "racketeering."
A prominent black broadcast executive says he's been the victim of intimidation at the hands of Jackson and is fighting the Federal Communications Commission's efforts to block the sale of his television stations.
A black entrepreneur seeking aid from one of Jackson's groups describes it as "a boys club to me, an inner circle," that he cannot penetrate.
Officials with Jackson's various interests largely refused to comment on these complaints, which represent a growing number of concerns about some of the methods used by Jackson to advance his agenda.
But increasingly, more African-American business professionals are wondering whether the reverend represents American blacks to the extent Jackson says he does.
Accusations that Jackson 'Stiffed' the Poor
Businessman Harold Doley, Jr. said he thought Jackson "was going to do what he was saying," in launching the Wall Street Project.
Founder and chairman of the New Orleans-based Doley Securities, Inc., and rated as one of the country's 100 wealthiest African Americans by Securities Pro, a newsletter covering blacks on Wall Street, Doley was asked by Jackson in 1996 to help with the Wall Street Project, a program designed to promote minority participation in corporate America.
As the first African American to purchase a seat on the New York Stock Exchange in 1973, Doley was thought to be able to open many doors for Jackson on Wall Street.
"I got to really know Jackson," explained Doley, who added that he shared the project's stated goal of "making corporate America look more like America from the entry level to the board room."
He explained that Jackson's original vision appealed to him. "This is what is appropriate, this is where America needs to be going," said Doley. "I felt what he was doing was good, good for America, and good for my business."
But after initial exuberance about the Wall Street Project, Doley became disillusioned.
Jackson went after the multi trillion-dollar pension fund industry in his quest for minority empowerment and worked for legislation to require 10% to 15% of the nation's pension funds, depending on the state, to be brokered or managed by minority firms.
Doley disapproved of the methods Jackson employed in persuading the pension industry to aid minorities. "What worried me was the way he operated, dealing with these veiled threats," he stated.
Doley soon realized that Jackson's efforts "directing an enormous income from pension [funds]" were only being channeled to "roughly 10 firms that qualify."
He doubts most Americans know "that they were paying and putting money in Jesse Jackson's coffers to the tune of $170 million in commissions a year, 10% of which is going to Jackson."
Doley says he was a first-hand witness to how "Jesse in effect stiffed the poor people of America." According to Doley, Jackson gave political cover to a bank merger that "cut out $330 billion dollars" over a 10-year period to poor communities in the U.S. The merger did not meet the minimum standards of the Community Reinvestment Act (CRA), which requires that financial entities do not negatively impact poor areas of the country.
According to Doley, representatives from Operation PUSH and the Wall Street Project went before the Federal Reserve Board and testified that the deal was in the best interests of America, despite the fact they did not meet CRA guidelines.
Doley could not believe Jackson would support a merger that "fell short by $330 billion dollars going into communities in terms of mortgages and services provided by financial institutions. This was a tremendous loss."
According to Doley, Jackson "knew the mega mergers were not meeting the guidelines ... but Jesse was getting contributions because of his support" for the deals.
An incredulous Doley decided to personally confront Jackson about his support of the bank merger. The meeting was not very productive. "I said, 'man, you cannot do this.' And I went over the numbers quickly and he just walked away," Doley recalled. Despite Doley's protestations, the merger was finally approved.
Doley says he then saw Jackson in a completely different light. "What he was doing was a kind of RICO operation, both criminal and civil. It was racketeering."
Doley consulted with several attorneys, confiding that "I am concerned that what is going on here may be illegal." The attorneys' advice was simple: "If you have to ask, get out," they offered.
"I just eased on out," Doley recalled. After spending about two years working with Jackson, he now calls him a "Civil Rights Entrepreneur" whose moneymaking ability is beyond comparison. He noted that in 1996, Rainbow PUSH had a gross income of $695,000 and by the year 2000, it grossed $17 million. "He's done better than any goddamn dot-com stock that I am aware of," Doley said.
His advice for young entrepreneurs who may want to partner with or join one of Jackson's organizations is blunt. "I tell them they could go in the hood and go into a partnership with a crack dealer if all they are interested in is the money," he explained.
When contacted for reaction to Doley's charges about Jackson, press spokeswoman Keiana Peyton of Rainbow PUSH, refused to answer any specific questions, stating only that Jackson's efforts have "opened the market and evened the playing field for persons who have historically been locked out of this access to business and capital."
Powerful Broadcaster vs. Powerful Civil Rights Leader
"I am not giving in to him, I won't give in to his pressure tactics," broadcaster Eddie Edwards of Glencairn Ltd., told CNSNews.com. Edwards is trying to sell his television station group to Sinclair Broadcast Group, but Jackson has stepped in and petitioned the FCC to try and block the sale.
Edwards, of Pittsburgh, is considered one of America's most powerful black broadcasters, coming in only second to W. Don Cornwell of Granite Broadcasting, according to Media Week magazine.
He traces his troubles back to his decision to start his own Black Broadcasting Alliance (BBA), a competitor to what he calls the Jackson-friendly National Association of Black Owned Broadcasters (NABOB).
The Black Broadcaster Alliance was formed because "NABOB tries to control minorities in broadcasting," according to Edwards. "None of my difficulties began until I started BBA. They really came after me," he explained.
Edwards said Rainbow PUSH attorney David Honig accused him of being a "front man" for Sinclair Broadcasting. Edwards recalled that Honig told him, "You, in short, play by our rules and deal with us or we will get you." But Edwards was not easily dissuaded.
"I am not going to be intimidated. I told them once, twice, a hundred times. I am from the same street they are and I have worked too hard to get where I am and if you think you are going to try and muscle me through words and through manipulating the system, you got another thing coming," he stated.
Jackson petitioned the FCC to halt Edwards' proposed sale of 19 television stations to Sinclair and the approval of the deal has been in legal limbo since May of 1998. The deals are estimated to be worth $1.5 billion.
Martin Leader, an attorney for Sinclair Broadcasting, explained that the company has probably "lost millions of dollars" because of the FCC delays.
Edwards bristles at the charge that he is a "front man" for Sinclair. "I don't have to dignify that. My 35 years in the business is second to none," he offered.
Leader said Edwards "owns 100% of voting stock [in Glencairn].
"Sinclair people have nothing to do with Glencairn and the commission has so found that," he added, referring to earlier FCC letters. CNSNews.com obtained a copy of the petition that Leader filed with the U.S. Court of Appeals for the District of Columbia on September 10. The petition calls for "prompt action" by the FCC in rendering a decision.
The U.S. Court of Appeals for the District of Columbia has ordered the FCC to respond to Leader's petition by November 14th.
"The FCC's inaction on the applications has evidently been caused by the refusal of Sinclair to accept improper demands by the commission to sell broadcast stations to minority purchasers solely because of their race and the resulting hostility that continues at the commission," the petition states.
According to affidavits filed by Leader, the chief of the Mass Media Bureau at the FCC, Roy Stewart, met with Sinclair representatives in April of 1998 and stated, "If you repeat anything that I say here, I will f*****g deny it."
Stewart then allegedly told Sinclair representatives that "Chairman Kennard wanted to see more minority ownership in broadcasting" and made it clear that they did not regard Edwards as a viable minority, according to the affidavits.
Stewart "made it very clear that if Sinclair could do something to assist in [the goal of minority ownership] ... it would be very beneficial to the processing of its applications," the affidavits allege. They also accuse Stewart of threatening Sinclair by stating that if they did not cooperate, "Chairman Kennard would make it 'really painful' for the company."
Leader said the FCC did not see anything wrong with Sinclair or Glencairn business dealings before Jesse Jackson got involved. The FCC had previously approved seven applications between Glencairn and Sinclair.
Edwards maintains "Jesse and his group have strong relationships with individuals within the FCC." He added, "The stations out there that have cooperated with [Rainbow PUSH] had to render favors of some kind and I refuse to play that game."
He noted that the temptation is great to give in to the tactics because "most broadcasters can't afford more delays. Delays cost money." But he remains resolute, declaring, "I am the first black or white person to step up and to speak out [against Jackson].
"The influence that Jesse Jackson has in Washington, there are people genuinely afraid of this man," Edwards said. However, he added, "Jackson does not represent all black people."
Peyton, a spokeswoman for Jackson, declined to comment on the specific charges made by Edwards and Sinclair Broadcast Group.
She reiterated that Jackson "has worked to even the playing field for minorities and female-owned businesses that have not in the past had access to meet with certain businesses to even showcase their talents and abilities."
Young Entrepreneur Disillusioned
Frederick Jones is a young African American entrepreneur who became disillusioned with Jesse Jackson's Rainbow PUSH organization after multiple attempts to seek aid for his small business.
"The more and more I got into it, I started finding out that if you didn't have ties with the reverend or didn't have money invested, you weren't getting helped," he told CNSNews.com. Earlier this year, Jones approached Rainbow PUSH with a complete business plan and expected to receive consultation and help.
"Every article I read had these prominent minority business people who are supposed to be so helpful with their guidance, with their time, but nobody returns your phone call, nobody talks to you," he stated.
Jones is in real estate development and information brokering. He explained that he contacted several of Jackson's organizations, including the Wall Street Project, because its goal is to "partner with minority business people and help mentor you and guide you along and help with introductions."
A frustrated Jones said he called many members of Jackson's inner circle, including Chester Davenport of Georgetown Partners, who would not take or return the phone calls.
"I called so many times that [Davenport's] secretary Eunice knew my name and my voice," he stated.
Jones claims Rainbow PUSH tried to extract a $250 small business fee from him and another $250 registration fee for a conference.
In a phone conversation with one of Jackson's organizations, he was asked whether he had "joined Rainbow PUSH." Jones asked, "Is it necessary?"
The answer he received from a woman who refused to identify herself was, "It helps if you are a member of the organization, to get help from them."
Jones said he complained that none of the promotional material said "members only." However, according to Jones, the woman persisted that Jones "should call the Rainbow PUSH offices and ask for a membership package."
Jones has since lost interest in receiving any help from Jackson. "It's a boys club to me, an inner circle," he lamented.
Peyton countered that "every Saturday here in Chicago, we host trade bureau meetings, open to the general public, to come and network. She added "that membership in Rainbow PUSH is recommended but not a prerequisite," to receiving business consulting and support.
But Jones is soured from his experience. "Why would you want to join something that is going to keep you an outsider?"
Copyright CNSNews.com, All Rights Reserved
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Hi Matt!
Knowing you are single as a public service I have some hotties for YOU!
http://www.enochsvision.com/talibansingles.jpg
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Hi Jerome. Yes it was terrible. I thought after the last game their bats had woken up. This is like one bad long dream.
Someone told me last night he heard the fat lady warming up.
I told him it was just gas. Hope I'm right. And I agree with you. At least we will get to see Randy pitch.
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Excel
Joe. No joe. They are Doctors. CEOs. Business owners. Pastors. Tradesmen. Not everyone smokes dope their whole life. You are so far out of reality I'm not sure you are from this planet. If you go get something to eat at a restuarant.... Please tip! I'm sure you don't!
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Excel
Grw5. You are VERY perceptive in wrapping this whole thing up. I never give up on anyone. But Joe is certainly trying to be the first! LOL!
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Joe you said.........
I love the fact that I'm not a punk kid who smokes dope and has no future. Is that something to be proud of?
I've known some kids who smoked dope and turned into some of the BEST people I have ever met.
So that is the only quality you can come up with. Very sad!
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Joe. There is a difference between being proud of who you are and having qualities to be proud of.
In your case I'm still looking for one quality!
That is very sad.
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Excel
NW. You miss my point. What do you think your kid or any other would do to Joe? LOL! He'd get straightened out real fast!
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Joe. So that is dressing rich? Oh man get your story straight!
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Joe. You said........Matt, the reason why I hate where I came from is because when I was poor, I always dressed and acted like I had money. I never thought of myself as poor. And I have no problem TALKING to normal people, like a garbage man or whatever, I just don't want to know the guy personally.
Joe now I KNOW you are a LIAR! You don't have a clue what poor is if you were able to dress like a rich person!
No problem talking to normal people you say?
You are a SICK!!!
You don't want to know the guy personally? Thats because he'd kick your (_:_)
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Excel
Joe. There was nothing FUNNY about it. When it came to putting money where your mouth is you couldn't do it. You missed the whole message about your labor term. You missed the whole point about the lifestyle I live because of the trade I learned. Yet what should I expect from someone who thinks they are better then anyone else? And who thinks rich people are better.
I'd love to see you get drafted. I know you'd be the Gomer Pyle of the army. But even Gomer became a MAN there!
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Excel
Joe. You said........Maybe not physically lazy, but mentally. They must have done something wrong in high school to get them there. They must have dropped out of school, smoked dope, or did something to get them that labor job.
I call that lazy. Everyone can have a good job if they work at it.
Read this Joe!
Time for you to educate your sorry self. I'll try to make this simple for you to understand. I own my own business. Excel Drywall. I work when I want to work. I NEVER miss any of my kids ball games or school events because of work. My wife stays at home and doesn't have to work. When my kids come home either she or I am there. When I want to go fishing I go fishing. When I want to take my wife out for a day of goofing around I do it. I have two employees who install the wallboard. They are VERY loyal to me. I pay them $38.00 an hour. They take care of me because I treat them good! I do the finishing and texturing.
Now you call that labor. Tell you what Joe. Why not put your money where your mouth is. I bet you $10,000 dollars you can pick anyone you want to teach you drywall finishing for 1 month. I will get the person of my choice to teach me for one month what you do. At the end of that month we will see who has the brains to learn what the other does.
After I take your $10,000 then I will tell you to SHOVE that labor term up your (_:_)!
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Joe. You said.........You just refuse to look at my points. I always have a strong point when arguing. Why don't you reread my posts so you can consume all of that intellectual knowledge that I provide.
So I can consume all of that intellectual knowledge? Oh Joe!
Stop it! LOL! Don't quit your day job! Comedy is not your gift
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Joe. You said......
Matt, LOL, some of what I say, I may just say it to anger people, but I'm not as far out as you may think, lol.
Wrong Joe. You been trippin ever since I have read your posts.
And then to say you like to argue? Why didn't you become a lawyer then? I know why. You'd lose every case.
No judge would ever believe you!
You then add.....
I like to argue sometimes.
Argue Joe? Arguing is when one side has a point to make and the other side has a point to make. How then can you argue? You think about that.
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Joe. Not afraid to voice your opinion you say?
So that is an opinion you have? Like I said. Get some help.
Remember. I said it nicely.
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Joe. You said..............
You can't expect everyone to think the same way you do. That's ignorant.
Correct Joe! But I don't think that is exactly what NW meant.
But have you found one person here yet who has stated the same values you have displayed?
So what does that say to you?
I'm need to say this to you Joe.
THIS IS NOT IN A DEMEANING WAY!
Go get yourself some help Joe.
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Excel
What Makes A Dad
God took the strength of a mountain,
The majesty of a tree,
The warmth of a summer sun,
The calm of a quiet sea,
The generous soul of nature,
The comforting arm of night,
The wisdom of the ages,
The power of the eagle's flight,
The joy of a morning in spring,
The faith of a mustard seed,
The patience of eternity,
The depth of a family need,
Then God combined these qualities,
When there was nothing more to add,
He knew His masterpiece was complete,
And so, He called it ... Dad
Author is unknown
My Father
When I was: Four years old: My daddy can do anything.
When I was: Five years old: My daddy knows a whole lot.
When I was: Six years old: My dad is smarter than your dad.
When I was: Eight years old: My dad doesn't know exactly everything.
When I was: 10 years old: In the olden days, when my dad grew up, things were sure
different.
When I was: 12 years old: Oh, well, naturally, Dad doesn't know anything about that. He
is too old to remember his childhood.
When I was: 14 years old: Don't pay any attention to my dad. He is so old-fashioned.
When I was: 21 years old: Him? My Lord, he's hopelessly out of date.
When I was: 25 years old: Dad knows about it, but then he should, because he has been
around so long.
When I was: 30 years old: Maybe we should ask Dad what he thinks. After all, he's had a
lot of experience.
When I was: 35 years old: I'm not doing a single thing until I talk to Dad.
When I was: 40 years old: I wonder how Dad would have handled it. He was so wise.
When I was: 50 years old: I'd give anything if Dad were here now so I could talk this
over with him. Too bad I didn't appreciate how smart he was. I could have
learned a lot from him.
Ann Landers
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Excel
Joe. Success in business is wrapped around the points I brought up about what I call success. What good is having all the money in business if everything else is messed up?
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Joe. You said..........OK, He is a businessman. I'll give him that.
But I believe success is using intelligence to make money. Hitting the lotto or inheriting money is not success. And owning a garbage company is borderline success. I myself, would not proud to own a garbage company.
So Joe your answer leaves me with no other choice but to believe you think success is making money in a profession that you believe takes intelligence.
Yet you said in another post you couldn't go out and become a Garbage business owner because you know nothing about it. Hmmmm.
I feel real sorry for you that not only money is how you rate success. But what business you obtained that money in.
Here is just a quick few things I consider success to be.
For me personally to have a relationship with Jesus Christ is number ONE!
To love people and be loved by them back. I like the song that says love isn't love until you give it away!
To work at a job I like. To balance my job time with time spent with family and friends.
To give money and most importantly my time to others in need. Anyone can throw money at a problem. Takes a successful person to give of themselves to that need.
To treat other like I would want to be treated.
Just a few thoughts.
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These questions Joe..............
http://www.investorshub.com/boards/read_msg.asp?message_id=200851
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Joe. You will know when I attack you there will be no consideration of it. You will know. Remember. I constrained myself. So I guess you used your imagination. Hmmmmm. You got my curiosity up now!
Still haven't answered the other post. Can't you answer the questions? You are the one who opened up your mouth and made the remarks you did. Still waiting!
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Joe you know nothing about garbage? Hmmmmmmm. I'm going to have to restrain myself here. Just use your imagination!
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Joe. You said.........A good business person is someone who uses intelligence to make money. A garbage company or tracker supply company is not an intelligent business. Some just get lucky and get a few contracts - some may can that successful, but I consider an intelligent business like a computer software company or a biotechnology company to be intelligent business where the owners use intelligence to make money.
Joe. You go out on Monday and start a Garbage company. You go right ahead. We shall see how easy it is for you. You have a LOT to learn about in this life!
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Joe. Did you forget to answer this post below? Do you care to tell me after my listing of what makes a business man that it is wrong?
Still waiting for you to tell me what a successful man is?
By the way your other post about spending time with the rich and poor. You think you are the only one who has done that?
I have worked in Bill Gates home. I have done work in many multi-millionaires mansions. And I have worked in slums. I have spent time with the best rich and poor people out in the world.
And some rich and some poor people aren't worth the time of day.
From what I've seen being rich has NEVER made a man a success.
I must say though. I have seen many more dirt poor successful people then rich. And I must say also I've met some rich people who have a great grasp on success and respect for people no matter what they wear or drive!
Posted by: excel
In reply to: Joemoney who wrote msg# 6828 Date: 10/20/2001 11:04:06 AM
Post # of 6866
Joe. You said..........
It means he found a way to make money from doing what he knows best. It doesn't make him a businessman, but just "an owner of a garbage company." I don't consider "an owner of a garbage company" to be a successful person. How hard is it to manage garbage? You don't go to college to learn, Garbage 101. eom
Doesn't make him a business man? Lets see here. He owns a business. Runs it like a business. Pays taxes like a business.
Has employees like a business. Getting my point yet?
So your next point was it doesn't make him successful to be an owner of a garbage company. Hmmmmmmmmm.
Before I comment on this. Lets all hear what Joe thinks success is. Define successs Joe. I'll be waiting.
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Excel
Joe. You said..........
It means he found a way to make money from doing what he knows best. It doesn't make him a businessman, but just "an owner of a garbage company." I don't consider "an owner of a garbage company" to be a successful person. How hard is it to manage garbage? You don't go to college to learn, Garbage 101. eom
Doesn't make him a business man? Lets see here. He owns a business. Runs it like a business. Pays taxes like a business.
Has employees like a business. Getting my point yet?
So your next point was it doesn't make him successful to be an owner of a garbage company. Hmmmmmmmmm.
Before I comment on this. Lets all hear what Joe thinks success is. Define successs Joe. I'll be waiting.
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Excel
Joe. If he did own a garbage company what is wrong with that?
Does that make him less of a person?
Is he not worthy to be in the same room as you?
Does God love him less?
I'm going now.
I'll see what brilliant answer you come up with in the morning!
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Excel
http://www.madblast.com/oska/humor_bin.swf
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Matt. That is sick. And I don't believe in violence but.............Jay needs his ass kicked for that!
That to me is how most of them think. I want nothing to do with those type of people.
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Poet. If I have insulted you according to YOUR interpatation it was because I spoke the truth.
If I was to personally insult you then you would clearly see the difference as when I insult there is a huge difference!
But as my post stated you gave me every reason not to go to the parking lot.
Time for work now! You have a GREAT day!
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Excel
Joe. One sign is nation against nation. Many earthquakes. Both of those have increased greatly in the last few years.
There are many more. Like man turning away from God. Read the newspaper. Watch TV. Quite obvious. WTC was nothing more then a tiny peice to the puzzel!
By the way. I have no reason to be paranoid as you say I am. I can rest in the peace God has granted me knowing it doesn't matter as I know where I'm going after death!
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Excel
Poet. You said you have no clue about what I was referring to? Hmmmmmm. I said the truth shall set you free. No clue about the truth?
Well I really don't need to go to the parking lot. You already answered everything I need to know.
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Joe. You say thats an ignorant conclusion? Oh I see. You use events that happened many years ago that had more deaths to base your argument on.
Joe if you READ the Bible you will find out many SIGNS have happened that end times are here. Guess what Joe? Those signs weren't all here during those past events you list. Nice try.
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Excel