June 29

Today In Black History - June 29

Posted by Rod

dumas062907

In 1956, Charles Dumas sent a shock through the track and field world when he became the first person to jump seven feet. His clearance of 7′ 0 1/2″ at the Olympic Trials broke a major human barrier. A straddler with a very smooth technique, Dumas went on to win the gold medal in the event with an Olympic record of 6′ 11 1/4″. From 1955 to 1959, Dumas won or shared five-straight national high jump titles and was ranked first in the world twice during that period.

Also on this date:

1972 U.S. Supreme Court ruled the five-four decision that the death penalty was cruel and unusual punishment which violated the Eighth Amendment. At the time of the ruling, Blacks and members of other minority groups constituted 483 of the 600 persons awaiting execution.

June 29

Throwback Song of the Day-Poor Georgie

Posted by Shakeer

MC Lyte Poor Georgie

Who can forget MC Lyte..as a rock.
Turn this up a little bit.

June 29

Health Tip Of The Day (6/29/2007)

Posted by KPope

QUIT SMOKING!

Because cigarette smoking is so prevalent and destructive, it has been identified by the U.S. Surgeon General as the single most preventable cause of disease and premature death in the nation. Besides Cancer, smoking also increases the risk of cardiovascular disease (CVD}, peripheral vascular disease (PVD), and coronary heart disease (CHD). And, for people with a history of CHD, cigarette smoking is also a risk factor for sudden cardiac death.

June 29

Financial Tip Of the Day

Posted by David

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Part 2: How many checks you write a month

  Some no-fee accounts limit the number of checks you may write and charge high fees if you exceed that limit. On the other hand, the consumer advocacy organization U.S. Public Interest Research Group suggests if you only write a few checks a month and probably won’t meet the minimum balance required to avoid fees, you might benefit from a no-frills, flat-fee checking account.

June 29

The Evolution Of The Pound

Posted by David

Check out this funny vid showing you the complexities of the pound. You gotta love black people and the unique ways we show love!

June 28

Financial Tip Of the Day

Posted by David

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Picking the Right Bank Account

  Banks offer several different types of checking and savings accounts: Some pay interest, some don’t. Some offer perks, some don’t. Some are specifically for senior citizens or students, while others are geared to those with low incomes. They all share one thing in common, though. They each have restrictions, fees, and opportunities to waive fees if you meet certain requirements.

  When shopping for a bank remember: How much money you plan to park at the bank. The higher your average balance, the more likely you are to get “free” checking with interest. Though minimum balance requirements vary widely from bank to bank, in a fall 2004 survey Bankrate.com found the average balance required for a no-fee, interest-bearing account was $2,087. If you settle for a non-interest bearing checking account, however, the average minimum balance is just $206, according to the same study. See part 2 on picking the right bank account tomorrow.