The elder Jesse Jackson has grown wealthy these past couple decades mainly by shaking down corporations. One of his sons, former Rep. Jesse Jackson Jr., D-Ill. (see photo), has preferred a different path to wealth: his campaign till. That path is now leading to federal prison. On Wednesday, February 20, the younger Jackson, who served nine terms in Congress before resigning last November 21, pleaded guilty in District of Columbia federal court to diverting about $750,000 in re-election funds to personal use. Jackson, who since last June has been hospitalized twice at the Mayo Clinic for bipolar disorder and other problems, told U.S. District Judge Robert L. Wilkins that in pleading guilty to wire and mail fraud, he had "no interest in wasting the taxpayers' time or money." His wife, Sandi, until recently a Chicago city alderwoman, hours later pled guilty to a related tax fraud charge.
Whatever else might be said of Reverend Al Sharpton, when he throws a party, he does it in style. The 14th annual conference of his New York-based nonprofit National Action Network (NAN) last month in Washington, D.C. during April 11-14 was no exception. Once more, corporations and to a lesser extent unions paid most of the tab for a well-choreographed event that featured dozens of speakers and panelists eager to affirm the aggressive black identity politics of their host. The plenary address by Attorney General Eric Holder, followed by a panel on legal issues, amounted to a group manifesto for the arrest of George Zimmerman for the highly-publicized killing - evidence points toward self-defense - of a black Florida teen, Trayvon Martin. Zimmerman, to the delight of virtually all attendees, was arrested that day on a state second-degree murder charge.
This past weekend saw further escalation of nationwide demonstrations over the fatal February 26 shooting of a black Florida teenager, Trayvon Martin, by a white neighborhood watch volunteer. Though in apparent self-defense, many are demanding the shooter, George Zimmerman, be arrested. In lieu of such action, some are vowing to apply their brand of street justice. Unfortunately, they have an ally in President Obama.
Submitted by NLPC Staff on Fri, 12/09/2011 - 09:01
Yesterday, former Illinois Governor Rod Blagojevich was sentenced to 14 years in prison for, among other things, attempting to "sell" the US Senate seat that was once held by President Barack Obama. Blagojevich's punishment comes on the heels of the U.S. House Ethics Committee's decision to continue its investigation into Congressman Jesse Jackson's role in the same scheme.
Last week, the United States House of Representatives Ethics Committee voted to end its temporary deferral of a case against Rep. Jesse Jackson, Jr. (D-IL). The US Justice Department had requested the deferral but has since withdrawn that request. The case had been deferred for over two years.
Jackson, the son of Rev. Jesse Jackson, is in his ninth term in the US House and is under investigation for allegations that he attempted to buy the open US Senate seat that was vacated by President Barack Obama. It has been reported that Jackson's supporters were willing to raise $1.5 million on behalf of Governor Blagojevich's re-election campaign.
At the Goldman Sachs annual meeting on Friday, I had an unplanned exchange with CEO Lloyd Blankfein about Goldman's support of Jesse Jackson, who was at the meeting and kept popping up to speak. Jackson was acting adversarial toward Blankfein, even though Goldman Sachs is one of Jackson’s largest financial supporters.
In hopes of ending this charade, I asked Blankfein to clarify the relationship between Goldman and Jackson as that of donor and recipient. Blankfein said he didn't know if Goldman supported Jackson. I challenged him by asking, "You do not know?" and "You give Jackson's group six-figure sums and you don't know about it?" Blankfein continued to play dumb, so I moved on to address our resolution asking for a report on the science behind Goldman’s embrace of global warming.
I am not sure why Rush Limbaugh would want to own an NFL team. It is surely more fun to criticize the establishment on a daily basis than to become part of it. Leaving that aside, the last person in the world who should have a say in the matter is Al Sharpton. (The next to last is his mentor Jesse Jackson.)
Sharpton has written a letter to NFL Commissioner Roger Goodell saying the NFL should reject Limbaugh’s bid. Yesterday the New York Times actually referred to Sharpton’s group, the National Action Network, as “a civil rights organization,” demonstrating the legitimacy that Sharpton has somehow come to enjoy in recent years. Let’s see if Goodell will further elevate Sharpton’s stature by responding in a serious way.
The Securities & Exchange Commission this past July has proposed amending Item 407(c)(2)(v) of Regulation S-K to require disclosure of racial and ethnic diversity on corporate and related nonprofit fund boards. We have submitted a comment of opposition because we believe this rule change to be a highly misguided intrusion into corporate governance.
Even assuming benign intent - and that is a stretch of an assumption - the outcome would be anything but benign. Anyone with sound instincts knows that any submitted information would be fair game for organizations seeking to tie executive compensation to the creation of a rigorously-monitored affirmative action spoils system.
One of the more irritating aspects of what passes for civil-rights activism in this country is the constant clamoring for a "national conversation on race." In practice, what this amounts to is blacks accusing and whites apologizing. About a dozen years ago, President Bill Clinton explicitly called for this sort of "dialogue." Now President Barack Obama has jumped into the fray. At the close of his press conference this evening, Obama denounced Cambridge, Massachusetts police for acting "stupidly" in arresting Harvard African-American Studies Professor Henry Louis Gates Jr. on July 16 for disorderly behavior.
This picture of Al Sharpton talking to Attorney General Eric Holder was taken yesterday at the White House where Barack Obama announced his nomination of Sonia Sotomayor for the Supreme Court. The White House has been giving Sharpton a surprisingly high profile lately. Al has practically moved in.
Barack Obama was supposed to be our first “post-racial” president. After all, he won the Democratic primaries and the general election with white votes. Obama’s supporters argued that Obama was just the leader to move the country beyond race. Sharpton’s mentor Jesse Jackson became so flustered at this possibility that he wished to cut off Obama’s privates.