The Black Lounge

Today, Yahoo! News reported (via the Associated Press) that The Federal Reserve dropped interest rates by half a point instead of the assumed three-quarters of a point. This is in hopes of the economy bouncing back from a recession that most news outlets have been anticipating on occuring for at least 2 months now. Around the world, the economies of other nations have started a downturn as well because of talks of a recession here in The U.S. The AP also reported that this definitely would not be the last time in the near future that The Federal Reserve may have to drop interest rates.

With all this talk of dropping interest rates and government rebates circulating for the past few weeks, is it now safe to say that The U.S. is in the grips of a recession?

Random Thought of the Moment: “You wanna stop the recession? How about a national cap on gas prices?”

The Song of the Moment: “The One That Got Away” by Johnta Austin

I am a private person. I was just thinking about something that Best Friend A, Best Friend Q and I were conversing about a few months back. They told me that they felt as if they didn’t know me. This was coming from two people that I had known for 11 and 10 years respectively. And it honestly left me confused as all hell. Read more »

25. The Jheri Curl

24. Hurricane Katrina

23. The N-Word

22. CoIntelPro

21. Elvis

20. Negative Hip-Hop Read more »

Have you heard about this story from Yahoo! News? As a person of partial Haitian decent, this really hurts my heart. We all say that the economy is starting to drop here in the states, but in underdeveloped countries such as the one my dad immigrated here from (Haiti) the rising costs of food and energy have pushed their country farther into despair… How did we go from being the richest country in the Western Hemisphere, to an impoverished 3rd World Nation?

Random Thought of the Moment: “I still need to run past Target one of these days lol..”

The Song of the Moment: “Lean On Me” by Bill Withers

Here’s more information on the Government Stimulus Package from Yahoo! News

Random Thought of the Moment: “Damn, those books were expensive…“

The Song of the Moment: “Waits For Me” by Lexlife

Warning: Some may find this video disturbing….

So I decided to start a new topic here at The Black Lounge, which is entitled ‘The Genius of the Month’. It was originally entitled ‘The Coon of the Month’ (thanks for the heads up again LH) but seeing as how  the term ‘coon’ was too vague IMO, I decided to change ‘coon’ to ‘genius’. Any questions, comments and/or concerns can be directed to

brran1@yahoo.com

At this point, im pretty sure that everyone has talked about Kilpatrick and his situation so I’m going to skip an explanation of the situation.

Mayor Kilpatrick. Did you honestly think that 14,000 text messages to a fellow city employee on city issued mobile phones wouldn’t be looked at as suspicious?

Was being overly extravagant neccesary when Detroit has some of the highest unemployment and illiteracy rates in the country? Granted, I understand that you shouldn’t have to work or be held accountable 24/7, but c’mon….we both know that Escalade was a bit much…

Did you not realize, that being a black man in a high powered job (where there are not many of us) means that everything you do will be scrutinized and looked over with a fine toothed comb?

Did you honestly think that people were gonna stay quiet about your affair trysts with her?

Looking back on the entire situation, was it all worth losing your law degree and possibly losing your job because it was discovered that you lied under oath?

It just goes to show you….Some dudes will do anything for some ass…smh

January 2008’s Genius of the Month is:

The Honorable Kwame Kilpatrick,

Mayor of The City of Detroit, Michigan

The first month of O.S.A.G. is almost complete and I can honestly say that I am making good progress toward becoming healthier than I am now. Today, I had my usual OSAG breakfast (cereal, yogurt, whole milk, an orange) and it was good. I think I may try to switch to grapefruit or another fruit next week.

Read more »

Here’s a more recent link : Click Here

I just came from reading The Insanity Report, and a comment I posted on the link above inspired me to write this post. For those of you that don’t know whats going on, President Bush along with the members of Congress have decided to give $600 rebate checks back to American Citizens in hopes to stimulate the economy. Under the proposal, people who make up to $75,000 annually will receive the $600 Rebate. Couples that file their taxes jointly and who also make less than $150,000 annually will recieve a $1200 rebate. In addition to that, if you have children, you will receive an addition $300 per child. Does the government actually think that this will help to stimulate the economy? Read more »