FXP News Feed: 12.14.09

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President Obama addresses the CBC in 2008

Black Caucus sends strong economic message to Obama

Members of the Congressional Black Caucus called on President Obama Friday to address the skyrocketing unemployment rate facing minorities — especially African-Americans and Latinos — and greater economic conditions plaguing low-income communities. [CNN]

President Obama says he won’t put focus on blacks’ troubles

President Obama said that it would be wrong for him to narrowly focus on the troubles blacks face in the recession, rejecting criticism from the Congressional Black Caucus that the government is ignoring the economic plight of minorities. “The most important thing I can do for the African-American community is the same thing I can do for the American community, period, and that is get the economy going again and get people hiring again,” Obama said. [USA TODAY]

Nike chairman stands by Tiger Woods

Nike Inc Chairman and co-founder Phil Knight said the scandal surrounding Tiger Woods is “part of the game” in signing endorsement deals with athletes and did not back away from the athletic shoe and clothing maker’s relationship with the golfer. [REUTERS]

Citigroup to repay $US 20b in bailout exit plan

US banking giant Citigroup, which was kept afloat by a series of state rescues during the financial crisis, has announced plans to repay $US 20 billion ($21.93 billion) in government aid in a big step toward emerging from a massive bailout. [ABC NEWS]

Beyonce Leads 2010 Grammy Field With 10 Nominations

The superstar received 10, including one in each major category except Best New Artist: Record of the Year (“Halo”), Album of the Year (I Am…) and Song of the Year (“Single Ladies (Put a Ring On It)”). [HOUSTON PRESS]

Ingram wins Heisman Trophy

Alabama sophomore tailback Mark Ingram delivered the first Heisman Trophy to a school that boasts one of the richest histories in college football. Ingram finished 28 points ahead of Stanford running back Toby Gerhart in the closest vote in the award’s 75-year history. [BALTIMORE SUN]

Rwanda jails journalist Valerie Bemeriki for genocide

A Rwandan journalist who encouraged Hutus to slaughter Tutsis during the 1994 genocide has been jailed for life. During her trial Valerie Bemeriki admitted to inciting violence. [BBC NEWS]

Tagged as: Bailout, Beyonce, Citigroup, Congressional Black Caucus, Heisman, Ingram, nike, Rwanda, Tiger Woods

Article by FreshXpress Staff

theFreshXpress.com is a collection of free thinkers and individuals that have come together to give voice to a nation of young African Americans. It is our mission to provide fresh thought, fresh perspectives, and fresh debate on issues relevant to the African American community.

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