Op-Ed

Three Black Republicans’ Race to the Bottom

Published

11 years ago

March 23, 2015

By Lee A. Daniels
NNPA Columnist

Recently, I wrote that today’s Republican Party is gripped by a severe problem – an acting-the-fool dynamic produced by their allegiance to crackpot-conservatism – that causes Republicans of high and low status to say or do things that range from the silly to the vicious. I concluded in part that because these things largely go unchallenged by the GOP leadership, they help underscore how much the bigoted radical right controls the party.

All of the individuals I discussed then are White. However, last week, a trio of Blacks who love the GOP – Ben Carson, Jason L. Riley, and Stephen A. Smith – stepped forward with their own crackpot notions. You might say they proved once again that some Blacks are as capable of engaging in a race to the bottom of common sense and/or respectability as some Whites.

Speaking at a symposium at Vanderbilt University, Smith, an ESPN personality, declared that his “dream” was that “for one election, just one, every Black person in American vote Republican … Black folks in America,” he continued, “are telling one party, ‘We don’t give a damn about you.’ They’re telling the other Party, ‘You’ve got our vote. Therefore, you have labeled yourself ‘disenfranchised’ because one Party knows they’ve got you under their thumb. They other party knows they’ll never get you and nobody comes to address your interest.”

Thus, Smith put on display his stunning misunderstanding of the basic point of political electioneering: it’s the political party that substantively appeals to the voters for support. Equal to that was his astonishing ignorance of the past half-century of American politics – a period when Blacks forged a remarkable record of playing pragmatic politics in the only party, the Democrats, that sought their support. Remarkably, Smith also either didn’t notice or ignored the fact that in one recent election his wish had come true.

That was the 2014 bitterly contested race for the U.S. Senate in Mississippi between six-term Republican conservative Thad Cochran, and the Tea Party-backed extremist, Chris McDaniel. Cochran is a dyed-in-the-wool conservative but also a man of courtly manners who has never treated his Democratic Senate colleagues as “the enemy,” as McDaniel promised to do. He was in significant danger of losing. Mississippi’s Black voters – the most reliably Democratic in the country – rushed into the Republican primary to vote for Cochran in massive numbers, ensuring that he would defeat McDaniel and be returned to Washington.

That was a dramatic example of the principle that has always ruled traditional Black politics: pragmatism trumps political ideology.

That’s something Jason L. Riley has made a career of pretending isn’t true. Which is why he’s held down a spot on the editorial board of the Wall Street Journal– the global financial community’s main newspaper – for nearly two decades. Despite his tenure at one of the most powerful media companies in the world, Riley spends a lot of ink railing against “black elites” who, as he wrote in a March 17 column, are “always eager” to blame White racism for what he wants the world to see as Black peoples’ internally generated flaws.

What he also wrote there, in declaring that we should ignore the racist ditty of the University of Oklahoma White fraternity chapter was this: “History shows that faster black progress was occurring at a time when whites were still lynching blacks, not merely singing about it.”

Yes. Those who have a sense of decency about them, not to mention a working intellect, ought to be shocked. Riley offers not a shred of evidence in his lengthy opinion piece to support that claim, of course. He knows it’s just “red meat” for the WSJ’s constituency – another falsehood they can grab to build their fortress against the truth.

Finally, Ben Carson continued to prove on the campaign trail that, as the headline in the prominent conservative web-zine, Hot Air, put it, “Ben Carson is not ready for prime time.”

Trying to establish foreign-policy credentials, Carson was at times flummoxed by the properly sharp questions of commentator Hugh Hewitt, whose huge following among conservatives testifies to his longtime impeccably conservative credentials. Carson’s errors were glaring and produced headlines elsewhere such as: “Presidential contender Ben Carson stumbled in an extremely uncomfortable interview,” leading another conservative commentator, David Weigel, to remark, “The headlines came down like acid rain all week.”

I suppose one could say, then, we should judge these conservatives not by the color of their skin, but by the loony content of their comments.

Lee A. Daniels is a longtime journalist based in New York City. His essay, “Martin Luther King, Jr.: The Great Provocateur,” appears in Africa’s Peacemakers: Nobel Peace Laureates of African Descent (2014), published by Zed Books. His new collection of columns, Race Forward: Facing America’s Racial Divide in 2014, is available at www.amazon.com

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Related Topics:ben carson black republicans GOP Lee A. Daniels Stephen A. Smith

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Advice

Financial Wellness and Mental Health: Managing Money Stress in College 

While everyone’s financial situation is unique, several common sources of stress have the potential to strain your financial health. These include financial and economic uncertainty, existing debts, unexpected expenses, and mental or physical health changes. Financial stress may differ from situation to situation, but understanding the factors contributing to yours may help you begin to craft a plan for your unique circumstances.

Published

2 weeks ago

March 17, 2026

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Women & Wealth: Tips for Navigating Your Lifelong Financial Journey

Published

3 weeks ago

March 15, 2026

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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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Rising Optimism Among Small And Middle Market Business Leaders Suggests Growth for California

“Business leaders across the Pacific region continue to demonstrate a unique blend of resilience and forward-thinking, even in the face of ongoing economic uncertainty,” said Brennon Crist, Managing Director and Head of the Pacific Segment, Commercial Banking, J.P. Morgan. “Their commitment to innovation and growth is evident in the way they adapt to challenges and seize new opportunities. It’s this spirit that keeps our region at the forefront of business leadership and progress. We look forward to helping our clients navigate all that’s ahead in 2026.”

Published

2 months ago

February 14, 2026

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Sponsored by JPMorganChase

Business optimism is returning for small and midsize business leaders at the start of 2026, fueling confidence and growth plans.

The 2026 Business Leaders Outlook survey, released in January by JPMorganChase reveals a turnaround from last June, when economic headwinds and uncertainty about shifting policies and tariffs caused some leaders to put their business plans on hold.

Midsize companies, who often find themselves more exposed to geopolitical shifts and policy changes, experienced a significant dip in business and economic confidence in June of 2025. As they have become more comfortable with the complexities of today’s environment, we are seeing optimism rebounding in the middle market nationwide – an encouraging sign for growth, hiring, and innovation. Small businesses, meanwhile, maintained steady optimism throughout 2025, but they aren’t shielded from domestic concerns. Many cited inflation and wage pressures as the top challenges for 2026 and are taking steps to ensure their businesses are prepared for what’s ahead.

Overall, both small and midsize business leaders are feeling more confident to pursue growth opportunities, embrace emerging technologies and, in some cases, forge new strategic partnerships. That bodes well for entrepreneurs in California. Here are a few other key findings from the Business Leaders Outlook about trends expected to drive activity this year:

Inflation remains the top concern for small business owners. Following the 2024 U.S. presidential election, many anticipated a favorable business environment. By June 2025, however, that feeling shifted amid concerns about political dynamics, tariffs, evolving regulations and global economic headwinds.
Going into 2026, 37% of respondents cited inflation as their top concern. Rising taxes came in second at 27% and the impact of tariffs was third at 22%. Other concerns included managing cash flow, hiring and labor costs.

For middle market leaders, uncertainty remains an issue. Almost half (49%) of all midsize business leaders surveyed cited “economic uncertainty” as their top concern – even with an improved outlook from a few months ago. Revenue and sales growth was second at 33%, while tariffs and labor both were third at 31%.
And tariffs are impacting businesses costs. Sixty-one percent of midsize business leaders said tariffs have had a negative impact on the cost of doing business.
Despite challenges, leaders are bullish on their own enterprises. Though the overall outlook is mixed, 74% of small business owners and 71% of middle market companies are optimistic about their company’s prospects for 2026.
Adaption is the theme. For small business owners surveyed across the U.S., responding to continuing pressures is important in 2026. Building cash reserves (47%), renegotiating supplier terms (36%) and ramping up investments in marketing and technology are among the top priorities.
Big plans are on the horizon. A majority midsized company leaders expect revenue growth this year, and nearly three out of five of (58%) plan to introduce new products or services in the coming year, while 53% look to expand into new domestic and/or international markets. Forty-nine percentsay they’re pursuing strategic partnerships or investments.

The bottom line

Rebounding optimism among U.S. business leaders at the start of the year is setting the stage for an active 2026. With business leaders looking to implement ambitious growth plans that position themselves for the future, momentum in California could be beneficial for leaders looking to launch, grow or scale their business this year.