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New Year’s Day is Also Emancipation Day

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Our nation must fulfill the hopes unleashed by the Emancipation Proclamation

“Then Moses said to the people, ‘Commemorate this day, the day you came out of Egypt, out of the land of slavery, because the Lord brought you out of it with a mighty hand.’” — Exodus: 13:3.
African-American churches across the country, congre­gants gather to welcome the new year. They sing songs of freedom and overcoming. They testify to how far their faith has brought them and how much faith and courage they will need to face another year.
The tradition is called Watch Night, and it dates back 156 years to when President Abraham Lincoln set forth an essential document of freedom that most Americans have probably never read or thought much about: the Emancipation Proclamation.
The night before the proc­lamation went into effect on Jan. 1, 1863, free blacks in the North and their enslaved brothers and sisters in the South sat vigil in churches, in shabby slave shacks and in moonlit plantation woods to watch, pray and hope through­out the night to hear news that Lincoln’s promises of freedom had been officially issued and millions of our ancestors were legally free.
The president kept his word — although two more years of slaughter and civil war lay ahead. African-Americans emerged from that long night of waiting and watching with the right to pick up arms and join the military struggle to save the Union as soldiers and aboard “vessels of all sorts.” The proclamation declared that those enslaved in the Confederacy were now “for­ever free,” and the might of the United States government, “in­cluding the military and naval authority thereof, will recog­nize and maintain the freedom of such persons, and will do no act or acts to repress such per­sons, or any of them, in any ef­forts they may make for their actual freedom.”
The proclamation was the most consequential execu­tive order in the history of the United States. It should be cel­ebrated and honored.
For every American who cherishes freedom and democ­racy, New Year’s Day should mean far more than college bowl games and parades. The nation must revive and reclaim the true meaning and signifi­cance of January 1, Emancipa­tion Day.
This January 1 is even more significant in that the year 2019 marks the 400th anniversary of the first documented Afri­can slaves’ forced arrival on the shores of the New World that was to become the United States of America. This anni­versary year should be a time of commemoration and celebra­tion, reflection — and action — on how far we have come and how far we must still travel to reach the mountaintop.
The journey from slavery to freedom was largely completed in 1865 with the adoption of the 13th Amendment. The march from freedom to equality is far from over.
I spent Christmas morning — as I have for more than 40 years — visiting and praying with the inmates and staff at Cook Coun­ty Jail, the sprawling warehouse of the poor and dispossessed on the West Side of Chicago. As I looked out over the faces crowded into the jail’s gym, I saw that they were overwhelm­ingly black and brown.
Although African-Ameri­cans make up just 24 percent of the population of Cook County, nearly 74 percent of the jail’s population is black.
This story of inequality was four centuries in the making. It began in August 1619, when some 20 frightened, bewil­dered and beleaguered Afri­cans arrived in Jamestown, Va., as prizes that had been pirated from Spanish ships on the open seas.
Even as revolutionary Americans rebelled against the British monarchy, declaring all men created equal, the found­ing fathers at the Constitutional Convention bowed to the South with three slave compromis­es that still haunt our nation: permitting the international slave trade; counting slaves as three-fifths of a person for congressional representation; and establishing the Electoral College, giving the South con­gressional representation dis­proportionate to its voter eligi­bility.
Yet in the darkness of chat­tel slavery, the enslaved were able to sustain enough of their humanity to maintain a light of hope for a better day, for free­dom and for equality. African- Americans were able to see the dimly lit outlines of a more just social, economic and politi­cal order, even during slavery, apartheid and centuries of dis­crimination. But black people did not wait for freedom to fall from the sky. The Colonial era and beyond bristled with slave rebellions and resistance.
The lies, myths and insanity of white supremacy contami­nated the soil and the soul of America. The Academy said African-American minds were inferior. The medical establish­ment said our bodies were in­ferior; the church, our morality. The banks determined that we were unworthy for loans or in­vestment. These barriers have yet to be completely broken down. We are free but unequal. Yet still we rise.
History is an unbroken con­tinuity that cannot be denied. Americans should not hide from the past nor engage in an extended exercise of rehash­ing 400 tragic years. Although there can be no plan for the fu­ture without comprehending the past, we cannot go forward while only looking backward.
2019 must be about the vi­sion of a fully equal society.
In the coming year, we must set goals and a timetable for the most profound and in-depth corrective action program in history and show what true equality for all Americans means and looks like.
We must examine how much such repair will cost, what fail­ure to repair has already cost, and the continuing cost to the nation in terms of human and economic underdevelopment if we fail to even the playing field for African-Americans and oth­er people of color.
In 2020, there will be an­other presidential election. As the candidates campaign in the next two years, they must be challenged to share their vision of what an equal, nondiscrimi­natory, multiracial, multieth­nic, multi-religious and nonsex­ist society looks like, and how they propose to take us there.
In the meantime, we the peo­ple — red, brown, yellow, black and white — must do what African-Americans have done for 400 years, from bondage to emancipation, from lynch mobs to great migrations, from the back of the bus to Rosa Parks, from the Rev. Dr. Martin Luther King Jr. on the balcony of the Lorraine Motel in Memphis to President Barack Obama on the balcony of the White House.
Keep hope alive.
Jesse L. Jackson Sr. (@ RevJJackson) is the founder and president of the Rainbow PUSH Coalition.

Jesse L. Jackson Sr.

Jesse L. Jackson Sr.

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Oakland Post: Week of March 18 – 24, 2026

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Women & Wealth: Tips for Navigating Your Lifelong Financial Journey

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Sponsored by J.P. Morgan Wealth Management

We are in the midst of a seismic shift in wealth. This phenomenon, often referred to as the “Great Wealth Transfer,” describes the unprecedented movement of assets from the Baby Boomer generation to their heirs – an estimated $105 trillion by 2048. And women are poised to inherit most of this.

J.P. Morgan Wealth Management’s 2025 Investor Study found that women are not only set to receive significant wealth – they’re actively working to build it on their own. Ninety-three percent of women surveyed who are expecting an inheritance aren’t relying on it to reach their goals.

Here are a few tips for women to consider in their wealth-building journey:

Create a financial roadmap

A detailed, well thought out plan is important. J.P. Morgan’s study found that 90% of those surveyed with a plan feel confident about reaching their financial goals, compared to 49% without one.

Your plan should reflect your unique goals, priorities and circumstances. Consider your investment horizon and risk tolerance, and remember to revisit your plan regularly as life evolves.

Are you saving up for goals like buying a house, sending your kids off to college or retiring early? Where do you want to be in the next five, ten or twenty years? Everyone’s financial situation is unique, so it’s important to think about these questions and build a plan that is unique to your life.

Women tend to live longer than men on average. Many take career breaks or care for family members, which can influence long-term planning. It’s important to adjust your strategy with these factors in mind.

Where to start with investing

Don’t let misconceptions hold you back. Starting to invest doesn’t require a large sum, and beginning early can be beneficial. The earlier you start, the more time your money has to potentially grow over the years. Understand your overall financial situation, set clear goals and develop a long-term plan.

It’s important to also make sure you’re covered for unexpected expenses that come up before you start to invest. Build up a cash emergency fund, typically enough to cover three to six months of expenses, and pay down any high-interest debt.

Taking charge of your finances

The good news is that women are taking charge of their finances. J.P. Morgan’s research found that 75% of women respondents make financial decisions with their partner or take the lead themselves. For those who have a spouse or partner, it’s important for each person in the relationship to play an active role in the process.

Building wealth can be empowering for many women. The same survey found that 73% of women respondents said money gives them “security,” while 64% of Gen Z and Millennial women associated it with “freedom.”

The power of having a team

Some people find it helpful to work with a financial advisor, so you don’t have to tackle things alone. An advisor can help you craft a plan tailored to your needs and keep you on track throughout your lifelong financial journey. If you expect to receive an inheritance, you should also consult with estate planning and tax professionals.

No matter where you are on your wealth-building path, education is key. It’s so important to be an informed investor, and there are plenty of resources out there to help. You can find a library of free educational resources at chase.com/theknow.

As the landscape of wealth continues to evolve, women have a unique opportunity to shape their financial futures and those of generations to come. By staying informed and planning ahead, women have the tools to help them confidently navigate the Great Wealth Transfer and set themselves up for financial freedom.

The views, opinions, estimates and strategies expressed herein constitutes the author’s judgment based on current market conditions and are subject to change without notice, and may differ from those expressed by other areas of J.P. Morgan. This information in no way constitutes J.P. Morgan Research and should not be treated as such. You should carefully consider your needs and objectives before making any decisions. For additional guidance on how this information should be applied to your situation, you should consult your advisor.  

JPMorgan Chase & Co., its affiliates, and employees do not provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any financial transaction.  

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