“Never confuse motion with action.” -Benjamin Franklin
Quote Of The Day
A Picture Is Worth A Thousand Words Pic Of The Week
Black History Fact Of The Day: Lorraine Hansberry
Chicago-native, Lorraine Hansberry, penned the famous play- “A Raisin In The Sun.” “A Raisin In The Sun” was the first play written by an African American woman to appear on Broadway. The highly praised play also received a New York Drama Critics Award- making Ms. Hansberry the youngest and first African American to receive the award.
Lorraine Hansberry also wrote, “To Be Young, Gifted and Black,” and “The Sign In Sidney Brustein’s Window”- which also ran on Broadway.
Tragically, Lorraine’s career was abbreviated when she died at the age of 34 of cancer.
Is It America vs. China In A Tug Of War For Africa’s Oil? (Throwback Post: 2/25/08)
Throughout history, natural-resource rich Africa has been pillaged for her goods. The most recent international discussion concerning Africa’s oil resources, involves the intentions of two nations who are often considered to be rivals- America and China.
When it comes to the mad dash grab for African oil, the question has arisen whether or not it is a venture in which the U.S. and China are “partners or rivals.” If they are in fact partners, then the question emerges of whether or not Africa will be able to survive the tag team efforts of two of the wealthiest, militaristic nations on the globe to obtain their “liquid gold.”
The BBC website recently reported U.S. President George Bush’s take on the Africa, China, U.S. oil triumvirate. On what is noted to likely be President Bush’s last tour of Africa during his final term in office, he addressed the African oil situation during a news conference.
According to the BBC website, George Bush stated that: “He believed there was room for both countries to invest in Africa ‘without creating a great sense of competition.’ “The aftermath of the effects of this “investment” on the African social climate remains to be seen. However with the current state of war in the Sudan, we can begin to draw the parallels. Stay tuned for more…
Quote Of The Day
Black History Fact Of The Day: Carter G. Woodson
The Fly Or Die Commerce Report: Agflation Defined
According to Investopedia, agflation is: “An increase in the price of food that occurs as a result of increased demand from human consumption and use as an alternative energy resource.
While the competitive nature of retail supermarkets allows some of the effects of agflation to be absorbed, the price increases that agflation causes are largely passed on to the end consumer.
The term is derived from a combination of the words ‘agriculture’ and ‘inflation.’
Interest in alternative energies contributes to agflation. In order to produce biofuel (such as biodiesel and ethanol), manufacturers need to use food products such soybeans and corn. This creates more demand for these products, which causes their prices to increase. Unfortunately, these price increases spread to other non-fuel related grains (such as rice and wheat) as consumers switch to less expensive substitutes for consumption.
Furthermore, agflation will also affect non-vegetative foods (eggs, meat and dairy) as the price increases for grain will make livestock feed more expensive as well.”



