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NEWBOs: The Rise of America's New Black Overclass
cnbc ^ | Today

Posted on 02/19/2009 6:30:49 PM PST by jessduntno

It's an American success story. Self-made black multimillionaires, many of whom grew up poor, have made vast fortunes in the sports, entertainment and media industries.

The new moguls made their millions under the age of 40, primarily by taking more ownership and control over their brands than their predecessors. Collectively, black athletes in the NFL, NBA, and in Major League Baseball earned nearly $4 billion last year and the nation's 20 highest-paid hip-hop entrepreneurs brought in more than $500 million. Now, with their newfound wealth come responsibilities to their family, friends, and community.

Based on Lee Hawkins' forthcoming book of the same title, NEWBOs: The Rise of America's New Black Overclass examines the growing responsibilities of black celebrities in the Obama age. The project features personal stories and interviews with some of the biggest names in sports and entertainment. It's an inside look into how each successful NEWBO surmounted challenges to achieve the American Dream.

(Excerpt) Read more at cnbc.com ...


TOPICS: Politics/Elections
KEYWORDS: athletes; bho44; blacks; entertainment; millionaires; newbos
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"Now, with their newfound wealth come responsibilities to their family, friends, and community."

Find out what a REAL tough guy is...look down the barrel of a mortgage a family and raising those kids...Let's see if we can get that kids without a father down below 75%...

1 posted on 02/19/2009 6:30:49 PM PST by jessduntno
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To: jessduntno
“NEWBO’s”?

You'd better watch it!
That's real close to another name
that starts with an S.

Sensitivity training.

2 posted on 02/19/2009 6:35:06 PM PST by Semper Mark (As graceful as a bulldozer and as subtle as a wrecking ball.)
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To: jessduntno

Is it “New Black Overclass”, or “New Black Overlords”?

They just won’t admit that.

Yet.


3 posted on 02/19/2009 6:36:04 PM PST by Old Sarge (Obama Dozed, People Froze)
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To: jessduntno

Few of these ‘moguls’ have made it outside of sports or entertainment. Being rap scum is how they got their start.

As for family, many of them have kids out of wedlock, some by many women.

In regards to community, many of them have performed community service after committing crimes.

Many of us know what their much vaunted friends are like.


4 posted on 02/19/2009 6:37:39 PM PST by Niuhuru (Fine, here's my gun, but let me give you the bullets first. I'll send them to you through the barrel)
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To: jessduntno
"Now, with their newfound wealth come responsibilities"

Typical not to understand responsibility is appropriate for all income levels. Typical to put off being responsible as long as possible.


5 posted on 02/19/2009 6:38:27 PM PST by I see my hands (_8(|)
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To: Markos33; Fred Nerks
The Nebos are successful Ameicans. Yet let us see if they can abandon their hatred of America to help their families and brothers and sisters.America has been good to them.Will they be patriots or just street hustlers?

White hate does not hold them back. Their own hate holds them back.

6 posted on 02/19/2009 6:40:34 PM PST by Candor7 (Fascism? All it takes is for good men to say nothing, ( member NRA)
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To: Markos33

““NEWBO’s”?

How about New Bro’s”

couldn’t go near the other word...the tiger turning to butter still gives me the creeps...


7 posted on 02/19/2009 6:40:40 PM PST by jessduntno (What is this power Obomber has to cloud men's minds? Is he The Shadow???)
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To: Old Sarge

Our Overlords. We simply refuse to admit it.

Thankfully those of us wiht brains have already figured out a way to get rid of them.


8 posted on 02/19/2009 6:41:45 PM PST by Niuhuru (Fine, here's my gun, but let me give you the bullets first. I'll send them to you through the barrel)
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To: jessduntno

That author is high all your typical NBA player cares about is sexing as many blondes as possible and you can’t really blame them because they’re 20-30 yr old men with money.


9 posted on 02/19/2009 6:41:47 PM PST by exist
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To: jessduntno

‘Buppies’?


10 posted on 02/19/2009 6:42:33 PM PST by RushIsMyTeddyBear (Obama dozed.....people froze.)
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To: jessduntno

Oh..........make it stop...........


11 posted on 02/19/2009 6:42:43 PM PST by jessduntno (What is this power he has to cloud men's minds? Is he The Shadow???)
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To: Old Sarge

Who ever said politicians were other than black[-hearted]?


12 posted on 02/19/2009 6:43:42 PM PST by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: jessduntno

AFROSTOCRACY - the rule of the african elite.

Please do not post photos of the Players Ball, Eddy Amin DaDa, or various rappers.


13 posted on 02/19/2009 6:44:19 PM PST by keving (We get the government we vote for)
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To: RushIsMyTeddyBear

‘Buppies’?

Hahahahaha.....good one....let’s see THAT one maake it to the MSM...


14 posted on 02/19/2009 6:45:11 PM PST by jessduntno (What is this power he has to cloud men's minds? Is he The Shadow???)
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To: keving

“AFROSTOCRACY - the rule of the african elite.”

Big ‘fro with a crown....


15 posted on 02/19/2009 6:46:48 PM PST by jessduntno (What is this power he has to cloud men's minds? Is he The Shadow???)
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To: jessduntno

Hmm, so I’m an old white under-class honky. OWUCH!


16 posted on 02/19/2009 6:52:12 PM PST by RepublitarianRoger2
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To: Old Sarge

"I for one, welcome our new overlords"
17 posted on 02/19/2009 6:56:50 PM PST by Rebelbase
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To: Niuhuru

Bingo. While a necessary generalization, the facts back it up - But you better watch out. Sharpton and the other Race Pimps will be looking for another ‘Racist’ outrage to give them the opportunity for more Media exposure.


18 posted on 02/19/2009 6:59:46 PM PST by TCats
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To: Candor7

...and ‘preachers’ who suck them dry and live in mansions with a ten million dollar line of credit from the ‘church’ and preach ‘whitey’s chickens are coming home to roost’ certainly don’t help...but then, just how many black ‘churches’ are nothing but a front for islam?

islam has always used the ‘natives’ as useful idiots and slaves, being known as African-American makes no difference to islam, the blacks are nothing but grist for the mill, canon-fodder in islam’s quest for domination and the annihilation of the kuffar. (Silly african-amercans, they don’t realize THEY ARE NEXT!)


19 posted on 02/19/2009 7:07:07 PM PST by Fred Nerks (We've got to get him out of that White House!)
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To: jessduntno
The number of millionaire black athletes and entertainers is quite tiny, perhaps less than a thousand, compared to the 35 million black Americans.
20 posted on 02/19/2009 7:11:21 PM PST by iowamark
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