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OP-ED: Black Businesses Leaders Undervalued in America

NNPA NEWSWIRE — The vital key to advancing the economic status of African American communities and families is the support and the promotion of the success of Black-founded, managed, and owned businesses. We will not stand silent about this matter. Our businesses deserved to be respected, engaged, and empowered.
The post OP-ED: Black Businesses Leaders Undervalued in America first appeared on BlackPressUSA.

Published

4 years ago

May 16, 2022

Oakland Post

By Dr. Benjamin F. Chavis Jr., President and CEO, National Newspaper Publishers Association (NNPA)

When is the last time that you read a national news story in the so-called mainstream media about a successful Black business in America that has achieved unprecedented excellence and profit in today’s marketplace? I know it has been a long time.

On the other hand, when was the last time that you read or heard in the media about allegations of corruption, financial failure and excessive greed by the owners of some Black businesses?

In my opinion it, has been an all too frequent and reoccurring false narrative that continues to be cast in the media to undermine and devalue Black business leaders across the nation.

Late last year, I called attention to a barrage of unfair attacks being leveled in the media against CORE Services Group, Inc., a Black-run nonprofit that has for years provided food, shelter, and other services to New York City’s growing homeless population. I was particularly offended that the attacks appeared to be waged through anonymous leaks by city bureaucrats in the previous mayoral administration who seemed bent on destroying the nonprofit organization and its founder, Jack Brown, a successful Black businessman.

Now, seven months later, the case has moved to court, where CORE has begun to fight back – and where city officials cannot hide behind a veil of anonymity. In a series of legal filings, CORE has presented evidence that appears to rebut the allegations by NYC’s Department of Homeless Services (DHS) against CORE and its leaders, while raising questions about the city’s motives under the previous mayor, Bill de Blasio, according to published reports.

Central to the city’s case, for example, are claims that CORE officials concocted a scheme to enrich themselves by hiring several for-profit companies that CORE itself owned to provide food, security, and maintenance at CORE-run shelters. An outside observer without the benefit of all the facts might be tempted to conclude that CORE was engaged in some kind of self-dealing. But upon further examination, this hardly seems to be the case. Far from it, in fact.

As CORE has reportedly noted in court documents and elsewhere, the for-profit companies — wholly owned subsidiaries of the non-profit — are part of a model of integrated services that CORE established to run its shelters efficiently – and without the uncertainty its leaders say they regularly faced from outside vendors that all too often provided inferior services or threatened to cut off services because the city was slow to reimburse CORE for its expenses.

More than that, according to documents filed with the court, CORE told DHS about the formation of the for-profit companies even before the companies began providing services at CORE’s DHS-funded shelters. In other words, CORE operated the for-profit companies for years with the city’s knowledge and consent.

But none of this explains why city officials have targeted CORE for this kind of attack, particularly after years of consistently providing support to the city’s neediest residents, a disproportionate number of whom are Black and Latino. Yet to hear CORE tell it, city officials began raising questions about the organization under the previous mayor, Bill de Blasio, only after CORE officials began demanding that the city pay a backlog of unpaid bills that totaled $35 million.

“The sequence of events says it all: de Blasio used CORE to deflect from his own failures addressing homelessness in New York City,” Wendy Weingart, CORE Vice President/General Counsel, told the news outlet Inside Sources. “The failure to pay nonprofits that continued to operate during the worst of the pandemic is indefensible. Simply put, the de Blasio administration took advantage of CORE through administrative delays and did not pay CORE for several programs it operated at the behest of the city for over a year.”

As a result, many Black leaders are speaking out on behalf of CORE and urging the city’s new mayor, Eric Adams, to correct this injustice.

In a recent Op Ed in Black Enterprise, the renowned freedom-fighting Attorney Benjamin Crump argued that Mr. Brown and his organization have been singled out for attack despite the essential role the nonprofit has played in helping legions of homeless individuals in a city with a notoriously overburdened social service system.

“Jack Brown’s plight is yet another sad example of the impediments Black Americans still face when we strive for excellence,” he said. “Mr. Brown is being pilloried for his commitment to caring for the homeless New Yorkers, a group which unfortunately includes a disproportionate number of Black and Brown people. CORE came every time DHS called. But sadly, as Congresswoman Chisholm once said, ‘Racism is so universal in this country, so widespread, and deep-seated, that it is invisible because it is so normal.”

Now that there is a new administration in New York City, I believe that the Honorable Mayor Eric Adams will have the opportunity to rectify the situation with Jack Brown and CORE. The city’s homeless deserve to receive the best care possible as the city rebounds from the negative impact of the COVID-19 pandemic. Mayor Adams has already expressed a priority in ensuring the future sustainability of local and citywide businesses that are owned by African Americans and other people of color.

Yet, what Jack Brown, as a Black business leader, was facing and continues to face in New York City is not isolated to that one city. The challenges that Black businesses are facing is a national concern from the east coast to the west coast, and from the north to the south. There appears to be a systematic attempt throughout the country to undervalue the strategic importance of supporting Black businesses. This is apparent at the municipal, county, state, and regional levels in nearly every state. The eventual fate of businessmen like Jack Brown III will be the future fate of our advance and progress in America.

The vital key to advancing the economic status of African American communities and families is the support and the promotion of the success of Black-founded, managed, and owned businesses. We will not stand silent about this matter. Our businesses deserved to be respected, engaged, and empowered. No one should attempt to devalue what is invaluable to the future of our communities. It is time to vote. It is time to speak out. It is time to support our Black businessmen and women—especially those devoted to serving the underserved.

Dr. Benjamin F. Chavis Jr. is the President and CEO of the National Newspaper Publishers Association (NNPA) and Executive Producer/Host of The Chavs Chronicles on PBS TV stations weekly throughout the United States; and can be reached at dr.bchavis@nnpa.org

The post OP-ED: Black Businesses Leaders Undervalued in America first appeared on BlackPressUSA.

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A Nation in Freefall While the Powerful Feast: Trump Calls Affordability a ‘Con Job’

BLACKPRESSUSA NEWSWIRE — There are seasons in this country when the struggle of ordinary Americans is not merely a condition but a kind of weather that settles over everything.

Published

3 weeks ago

December 3, 2025

Stacy M. Brown

By Stacy M. Brown
Black Press USA Senior National Correspondent

There are seasons in this country when the struggle of ordinary Americans is not merely a condition but a kind of weather that settles over everything. It enters the grocery aisle, the overdue bill, the rent notice, and the long nights spent calculating how to get through the next week. The latest numbers show that this season has not passed. It has deepened.

Private employers cut 32,000 jobs in November, according to ADP. Because the nation has been hemorrhaging jobs since President Trump took office, the administration has halted publishing the traditional monthly report. The ADP report revealed that small businesses suffered the heaviest losses. Establishments with fewer than 50 workers shed 120,000 positions, including 74,000 from companies with 20 to 49 workers. Larger firms added 90,000 jobs, widening the split between those rising and those falling.

Meanwhile, wealth continues to climb for the few who already possess most of it. Federal Reserve data shows the top 1 percent now holds $52 trillion. The top 10 percent added $5 trillion in the second quarter alone. The bottom half gained only 6 percent over the past year, a number so small it fades beside the towering fortunes above it.

“Less educated and poorer people tend to make worse mistakes,” John Campbell said to CBS News, while noting that the complexity of the system leaves many families lost before they even begin. Campbell, a Harvard University economist and coauthor of a book examining the country’s broken personal finance structure, pointed to a system built to confuse and punish those who lack time, training, or access.

“Creditors are just breathing down their necks,” Carol Fox told Bloomberg News, while noting that rising borrowing costs, shrinking consumer spending, and trade battles under the current administration have left owners desperate. Fox serves as a court-appointed Subchapter V trustee in Southern Florida and has watched the crisis unfold case by case.

During a cabinet meeting on Tuesday, Trump told those present that affordability “doesn’t mean anything to anybody.” He added that Democrats created a “con job” to mislead the public.

However, more than $30 million in taxpayer funds reportedly have supported his golf travel. Reports show Kristi Noem and FBI Director Kash Patel have also made extensive use of private jets through government and political networks. The administration approved a $40 billion bailout of Argentina. The president’s wealthy donors recently gathered for a dinner celebrating his planned $300 million White House ballroom.

During an appearance on CNBC, Mark Zandi, an economist, warned that the country could face serious economic threats. “We have learned that people make many mistakes,” Campbell added. “And particularly, sadly, less educated and poorer people tend to make worse mistakes.”

Stacy M. Brown

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The Numbers Behind the Myth of the Hundred Million Dollar Contract

BLACKPRESSUSA NEWSWIRE — Odell Beckham Jr. did not spark controversy on purpose. He sat on The Pivot Podcast and tried to explain the math behind a deal that looks limitless from the outside but shrinks fast once the system takes its cut.

Published

3 weeks ago

December 3, 2025

Stacy M. Brown

By Stacy M. Brown
Black Press USA Senior National Correspondent

Odell Beckham Jr. did not spark controversy on purpose. He sat on The Pivot Podcast and tried to explain the math behind a deal that looks limitless from the outside but shrinks fast once the system takes its cut. He looked into the camera and tried to offer a truth most fans never hear. “You give somebody a five-year $100 million contract, right? What is it really? It is five years for sixty. You are getting taxed. Do the math. That is twelve million a year that you have to spend, use, save, invest, flaunt,” said Beckham. He added that buying a car, buying his mother a house, and covering the costs of life all chip away at what people assume lasts forever.

The reaction was instant. Many heard entitlement. Many heard a millionaire complaining. What they missed was a glimpse into a professional world built on big numbers up front and a quiet erasing of those numbers behind the scenes.

The tax data in Beckham’s world is not speculation. SmartAsset’s research shows that top NFL players often lose close to half their income to federal taxes, state taxes, and local taxes. The analysis explains that athletes in California face a state rate of 13.3 percent and that players are also taxed in every state where they play road games, a structure widely known as the jock tax. For many players, that means filing up to ten separate returns and facing a combined tax burden that reaches or exceeds 50 percent.

A look across the league paints the same picture. The research lists star players in New York, Philadelphia, Chicago, Detroit, and Cleveland, all giving up between 43 and 47 percent of their football income before they ever touch a dollar. Star quarterback Phillip Rivers, at one point, was projected to lose half of his playing income to taxes alone.

A second financial breakdown from MGO CPA shows that the problem does not only affect the highest earners. A $1 million salary falls to about $529,000 after federal taxes, state and city taxes, an agent fee, and a contract deduction. According to that analysis, professional athletes typically take home around half of their contract value, and that is before rent, meals, training, travel, and support obligations are counted.

The structure of professional sports contracts adds another layer. A study of major deals across MLB, the NBA, and the NFL notes that long-term agreements lose value over time because the dollar today has more power than the dollar paid in the future. Even the largest deals shrink once adjusted for time. The study explains that contract size alone does not guarantee financial success and that structure and timing play a crucial role in a player’s long-term outcomes.

Beckham has also faced headlines claiming he is “on the brink of bankruptcy despite earning over one hundred million” in his career. Those reports repeated his statement that “after taxes, it is only sixty million” and captured the disbelief from fans who could not understand how money at that level could ever tighten.

Other reactions lacked nuance. One article wrote that no one could relate to any struggle on eight million dollars a year. Another described his approach as “the definition of a new-money move” and argued that it signaled poor financial choices and inflated spending.

But the underlying truth reaches far beyond Beckham. Professional athletes enter sudden wealth without preparation. They carry the weight of family support. They navigate teams, agents, advisors, and expectations from every direction. Their earning window is brief. Their career can end in a moment. Their income is fragmented, taxed, and carved up before the public ever sees the real number.

The math is unflinching. Twenty million dollars becomes something closer to $8 million after federal taxes, state taxes, jock taxes, agent fees, training costs, and family responsibilities. Over five years, that is about $40 million of real, spendable income. It is transformative money, but not infinite. Not guaranteed. Not protected.

Beckham offered a question at the heart of this entire debate. “Can you make that last forever?”

Stacy M. Brown

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FBI Report Warns of Fear, Paralysis, And Political Turmoil Under Director Kash Patel

BLACKPRESSUSA NEWSWIRE — Six months into Kash Patel’s tenure as Director of the Federal Bureau of Investigation, a newly compiled internal report from a national alliance of retired and active-duty FBI agents and analysts delivers a stark warning about what the Bureau has become under his leadership.

Published

3 weeks ago

December 2, 2025

Stacy M. Brown

By Stacy M. Brown

Black Press USA Senior National Correspondent

Six months into Kash Patel’s tenure as Director of the Federal Bureau of Investigation, a newly compiled internal report from a national alliance of retired and active-duty FBI agents and analysts delivers a stark warning about what the Bureau has become under his leadership. The 115-page document, submitted to Congress this month, is built entirely on verified reporting from inside field offices across the country and paints a picture of an agency gripped by fear, divided by ideology, and drifting without direction.

The report’s authors write that they launched their inquiry after receiving troubling accounts from inside the Bureau only four months into Patel’s tenure. They describe their goal as a pulse check on whether the ninth FBI director was reforming the Bureau or destabilizing it. Their conclusion: the preliminary findings were discouraging.

Reports Describe Widespread Internal Distrust and Open Hostility Toward President Trump

Sources across the country told investigators that a large number of FBI employees openly express hostility toward President Donald Trump. One source reported seeing an “increasing number of FBI Special Agents who dislike the President,” adding that these employees were exhibiting what they called “TDS” and had lost “their ability to think critically about an issue and distinguish fact from fiction.” Another source described employees making off-color comments about the administration during office conversations.

The sentiment reportedly extends beyond domestic lines. Law enforcement and intelligence partners in allied countries have privately expressed fear that the Trump administration could damage long-term international cooperation according to a sub-source who reported those concerns directly to investigators.

Pardon Backlash and Fear of Retaliation

The President’s January 20 pardons of individuals convicted for their roles in the January 6 attack ignited what the report calls demoralization inside the Bureau. One FBI employee said they were “demoralized” that individuals “rightfully convicted” were pardoned and feared that some of those individuals or their supporters might target them or their family for carrying out their duties. Another source described widespread anger that lists of personnel who worked on January 6 investigations had been provided to the Justice Department for review, noting that agents “were just following orders” and now worry those lists could leak publicly.

Morale In Decline

Morale among FBI employees appears to be sinking fast. There were a few scattered positive notes, but the weight of the reporting describes morale as low, bad, or terrible. Agents with more than a decade of service told investigators they feel marginalized or ignored. Some are counting the days until they can retire. One even uses a countdown app on their phone.

Culture Of Fear

Layered over that unhappiness is something far more corrosive. A culture of fear. Sources say Patel, though personable, created mistrust from the start because of harsh remarks he made about the FBI before taking office. Agents took those comments personally. They now work in an atmosphere where employees keep their heads down and speak carefully. Managers wait for directions because they are afraid a wrong move could cost them their jobs. One source said agents dread coming to work because nobody knows who will be reassigned or fired next.

Leadership Concerns

The report also paints a picture of leaders unprepared for the jobs they hold. Multiple sources said Patel is in over his head and lacks the breadth of experience required to understand the Bureau’s complex programs. Some said Deputy Director Dan Bongino should never have been appointed because the role requires deep institutional knowledge of FBI operations. A sub-source recounted Bongino telling employees during a field office visit that “the truth is for chumps.” Employees who heard it were stunned and offended.

Social Media and Communication Breakdowns

Communication inside the Bureau has become another source of frustration. Sources said Patel and Bongino spend too much time posting on social media and not enough time communicating with employees in clear and official ways. Several told investigators they learn more about FBI operations from tweets than from internal channels.

ICE Assignments Raise Alarm

Nothing has sparked more frustration inside the FBI than the orders requiring agents to assist Immigration and Customs Enforcement. The reporting shows widespread resentment and fear over these assignments. Agents say they have little training in immigration law and were ordered into operations without proper planning. Some said they were put in tactically unsafe positions. They also warned that being pulled away from counterterrorism and counterintelligence investigations threatens national security. One sub-source asked, “If we’re not working CT and CI, then who is?”

DEI Program Removal

Even the future of diversity programs became a point of division. Some agents praised Patel’s removal of DEI initiatives. Others said the old system left them afraid to speak honestly because they worried about being labeled racist. The reporting shows a deep and unresolved conflict over whether DEI strengthened the organization or weakened it.

Notable Incidents

The document also details several incidents that have become part of FBI lore. Patel ordered all employees to remove pronouns and personal messages from their email signatures yet used the number nine in his own. Agents laughed at what they saw as hypocrisy. In another episode, FBI employees who discussed Patel’s request for an FBI-issued firearm were ordered to take polygraph examinations, which one respected source described as punitive. And in Utah, Patel refused to exit a plane without a medium-sized FBI raid jacket. A team scrambled to find one and finally secured a female agent’s jacket. Patel still refused to step out until patches were added. SWAT members removed patches from their own uniforms to satisfy the demand.

A Bureau at a Crossroad

The Alliance warns that the Bureau stands at a difficult crossroads. They write that the FBI faces some of the most daunting challenges in its history. But even in despair, a few voices say something different. One veteran source said “It is early, but most can see the mission is now the priority. Case work and threats are the focus again. Reform is headed in the right direction.”