Tag: relief

  • Wyclef Jean’s – Yele Haiti Earthquake Relief

    Wyclef Jean Yele Haiti FoundationIn 2005, Haitian-born musician Wyclef Jean created the grassroots charity organization Yéle Haiti. The founder of the Grammy-winning group The Fugees coined the term Yéle in a song which was deemed to mean, “A Cry For Freedom.”

    Initially, the goal of the foundation was to restore pride and hope to the Haitian people through the launch of initiatives that would allow Haiti’s citizens to empower themselves. Scholarships were created, as well as endowments for arts and culture, food distribution services and emergency relief.

    While these investments were made at a time that the people of Haiti deemed to be arduous, suffering from tropical storms, hurricanes, political revolutions and other natural disasters and health disasters, they could not have anticipated the devastation that was to beset them on January 12, 2010.haiti earthquake

    Haiti, one of the poorest and most under developed nations in the world, was hit with a mammoth earthquake measuring 7.0 on the Richter scale decimating it’s capital Port au Prince. Among the structures damaged in the quake were the Haitian Presidential Palace, the United Nations Embassy (which was a 5 story edifice), and several hospitals. Already plagued with poor health care services, the destruction of existing medical facilities will only further exacerbate a bleak situation in aid and recovery of injured victims. A consensus on the death toll has not yet been tallied but fatalities are estimated to be in the tens of thousands. Unfortunately, among the confirmed dead is the chief of the UN mission in Haiti, Ambassador Hedi Annabi.  Haitian President Rene Preval is reported to be safe and in contact with President Obama to coordinate the rescue efforts.urn:newsml:dpa.com:20090101:100113-11-10177

    President Barrack Obama has pledged unwavering support from the U.S. and has deployed air craft providing food, water, clothing and medical supplies, while Haitian celebrity, Wyclef Jean and his Yele Haiti Foundation have taken to the internet with pleas for donations. On the official Yele Haiti Foundation facebook page it’s posted status is:

    “Yele Haiti Please help Haiti in their time of need. You can donate $5 by texting YELE to 501501 or get more info by visiting www.yele.org”

    Undoubtedly, Wyclef Jean will also be donating funds from his personal fortune and it has been reported that he will be donating proceeds from the sale of  his  records and  ringtones during this period to the Haiti relief effort. Digicell, an Irish company that provides cellular coverage in the Caribbean pledged to donate $5 million to the rescue efforts. The U.N. has released $10 million in emergency funds to establish immediate operations in Haiti.  Its World Food Program is sending a cargo plane full of high energy biscuits to the island today. Each biscuit packs enough nutritional value to feed a person for an entire day. The first shipment should feed 30,000 people for a week. Reports are coming in that numerous countries are gearing up to lend support.

  • Obama Announces Small Business Bail Out

    Filed under: ,

    President Obama has finally outlined a bail out plan for America’s small businesses. Perhaps due to mounting criticism that the administration is only helping huge corporations weather the economic storm, the Obama Administration outlined a series of policies targeted to direct more capital to small banks and community institutions that lend to small businesses, especially in economically deprived areas. The New York Times reports:

    The measures, announced by Mr. Obama at a small records storage company in Maryland, would allow smaller community banks to borrow at low rates from the Treasury Department’s Troubled Asset Relief Program. It would also raise the loan caps on several popular Small Business Administration programs.

    Under the administration plan, banks with less than $1 billion in assets could borrow from the program at a lower interest rate than financial institutions are required to pay.

    In exchange, banks must demonstrate how they would increase lending to small businesses and follow up with quarterly reports. According to the White House, most business loans by the community banks that are eligible for the new rules are made to small businesses.

    In addition, community groups that lend to small businesses in low-income areas under a Treasury Department program will be able to borrow relief money at just 2 percent annually for eight years. In the past, banks have been leery of the such loans because the program allows the government to buy warrants for the banks’ common stock and because it requires the institutions to limit executive compensation. But the small banks probably will not have to issue warrants in that program rules contain an exception for infusions of less than $100 million. The proposal as described Wednesday caps the infusions at $20 million.

    To learn more about Obama’s small business bailout program, be sure to check out these sites:

    +Obama Announces Small-Business Lending Push
    +Community banks to get bailout money as Obama seeks to boost small business
    +Obama refocuses bailout on small businesses

     

    Permalink | Email this | Linking Blogs | Comments

  • Garnett has 6 points, 5 boards in return (AP)

    Kevin Garnett went down. Luckily for Boston, it was only for a second. Garnett hit the floor after missing on an attempted alley-oop just over five minutes into the preseason opener against Houston on Wednesday night. To the Celtics' relief, he quickly got back up and hit two free throws. Garnett scored six points and grabbed five rebounds in the Rockets' 96-90 victory.

  • Yankees cap 3-game sweep of White Sox (AP)

    New York Yankees second baseman Robinson Cano(notes), top, throws out Chicago White Sox's Scott Posednik (22) after White Sox's  Gordon Beckham(notes) grounded into a sixth-inning double play in the Yankees' 8-3 victory in their baseball game at Yankee Stadium, Sunday, Aug. 30, 2009, in New York.

    Mark Teixeira homered and drove in four runs, Johnny Damon also went deep and the New York Yankees polished off a three-game sweep of the struggling Chicago White Sox with an 8-3 victory Sunday. Alfredo Aceves (9-1) provided stellar relief pitching after Joba Chamberlain's abbreviated outing, and the streaking Yankees won for the 20th time in 26 games.

  • Black Pain

    Terrie Williams knows that Black people are hurting. She knows because she’s one of them.

    Terrie had made it: she had launched her own public relations company with such clients as Eddie Murphy and Johnnie Cochran. Yet she was in constant pain, waking up in terror, overeating in search of relief. For 30 years she kept on her game face of success, exhausting herself daily to satisfy her clients’ needs while neglecting her own. Terrie finally collapsed, staying in bed for days. She learned her problem had a name — depression — and that many suffered from it, limping through their days, hiding their hurt. As she healed, her mission became clear: break the silence of this crippling taboo and help those who suffer.
    Black Pain identifies emotional pain — which uniquely and profoundly affects the Black experience — as the root of lashing out through desperate acts of crime, violence, drug and alcohol abuse, eating disorders, workaholism, and addiction to shopping, gambling and sex. Few realize these destructive acts are symptoms of our inner sorrow.

    Black Pain encourages us to face the truth about the issue that plunges our spirits into darkness, so that we can step into the healing light.