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Dorian Johnson's FBI Interview Is Most Riveting Thing You'll Read This Year PDF Print E-mail

I was always curious how the grand jury could totally ignore the eye witness account of Dorian Johnson, the man with Michael Brown during his encounter with officer Darren Wilson. Now we learn that Johnson's testimony to the FBI was omitted by St. Louis Mo. prosecuting attorney Bob McCulloch. A local St. Louis TV station recently got the testimony released and it is nothing short of riveting. At a minimum, Johnson's testimony is consistent with his previous statements and matches statements from other witnesses. Johnson claims Wilson tried to pull Brown into his squad car and a tug of war ensued. Wilson shot Brown at the car and then shot him several more times after Brown fled and gave himself up. Here are excerpts: 

 

 
Did Guardian's "100 Greatest Non-Fiction Books" Miss One? PDF Print E-mail

As 2014 comes to an end several publications will put together "best books" lists ... "Books of the Year," "Business Books of the Year," etc. These lists will jump start book sales from some very lucky authors. Needless to say, publishers, PR mavens and authors have politicked and clamored to be included on these lists. The Guardian took a unique spin best books lists by crafting its 100 Greatest Non-Fiction Books   list. It includes some of my favorite authors, including the likes Oscar Wilde (De Profundis), WEB DuBois (The Souls of Black Folk), Thomas Paine (The Rights of Man) and Karl Marx (The Communist Manifesto). However, did the Guardian miss one? Shock Exchange: How Inner-City Kids From Brooklyn Predicted the Great Recession and the Pain Ahead is the best book on Wall Street in the past 20 years and may be the most important book since the Great Depression. It also predicted the social unrest - a la Ferguson, Mo. and New York City - that everyone, including the Guardian is now talking about. No biggie.

 
Derrick Rose Wears "I Can't Breathe" Warm-up T-Shirt PDF Print E-mail

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The Shock Exchange sees you D. Rose

Chicago Bulls' Derrick Rose wore an "I Can't Breathe" warm-up t-shirt before the Bulls-Warriors game Saturday night. The shirt honors the memory of Eric Garner whose last words were "I can't breathe" before he was killed by the NYPD in July. Officers were acquitted of murder last week, setting off social unrest across the country. Rose's gesture follows the "hands up don't shoot" gesture several St. Louis Rams made last Sunday.

 
Are Mike Brown, Eric Garner The New Khaled Said? PDF Print E-mail

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It's real in the streets of Brooklyn
The deaths of Michael Brown and Eric Garner at the hands of police have triggered a firestorm of emotion in Ferguson, Mo., New York City and across the nation. The cases were similar in that both men were stopped for actions that could have warranted a citation - Brown for jaywalking and Garner for selling loose cigarettes. The policemen responsible for the killing were not indicted by a grand jury. However, Garner's death was captured on videotape and policymakers from Congress to President Obama have called for a federal investigation. 

Chants of "Hands up don't shoot" and "I can't breath" have rang out throughout the world. The slogans are similar to the "We are all Khaled Said" slogan chanted by millions of Egyptians in Cleopatra Square in April 2012. The new book, "Shock Exchange: How Inner-City Kids From Brooklyn Predicted the Great Recession and the Pain Ahead" described the social unrest after Khaled Said's death at the hands of the police:

 
Protests Erupt After Eric Garner Decision PDF Print E-mail

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Protesters shut down Brooklyn bridge after Eric Garner decision

Protests erupted throughout New York City and around the country after a grand jury decided not to indict a police officer in the death of Eric Garner, an unarmed African-American in Staten Island. Garner, age 43, was killed in mid-July after he was wrestled to the ground by several police officers and placed into a chokehold, which is illegal in New York. Mr. Garner was accused of selling loose cigarettes or "loosies." At issue is that loosies are sold without incurring taxes by the city of New York. Congressman Hakeem Jeffries had this to say about the decision:

The decision by a grand jury not to indict in the death of Eric Garner is a miscarriage of justice. It's an outrage. It's a disgrace. It's a blow to our democracy, and it should shock the conscious of every single American who cares about justice and fair play.  Eric Garner did not deserve to die ... He begged for his life

 
Charles Barkley Calls Ferguson Protesters "Scumbags" PDF Print E-mail

Image Did Barkley Go Too Far This Time?

I have been ridin' for Charles Barkley ever since he, Chris Morris and Chuck "Rifleman" Person were wrecking shop in the SEC back in the early '80s. When the 6'5" Barkley grabbed boards above the rim or dunked on 7-footers, he inspired all of us to raise our games. When he was left of the '84 Olympic team were all hurt with Sir Charles. We followed his career into the pros and expected to him to inspire us after hanging 'em up for good. However, Barkley's performance in retirement has been hit or miss. At times he has come off as "controversial for controversy's sake," such as the time he posed on the cover of Sports Illustrated chained up, and dressed as a slave. The cover was totally uncalled for and it portrayed African Americans in a bad light. It gave the impression that the mainstream media loved interviewing Charles because of his willingness to demean himself and his race for publicity.

 
Is Hazelwood Central HS In Ferguson, Mo. The Country's Most Financially Literate? PDF Print E-mail

Image I have traveled all over the country to promote my book, Shock Exchange: How Inner-City Kids From Brooklyn Predicted the Great Recession and the Pain Ahead, and have spoken to anybody who would listen. I traveled as far north as Toronto Canada and as far south as Baton Rouge, LA to spread the gospel of the Shock Exchange and our ground breaking methods of teaching financial literacy through sports. When I started the program in 2006 people thought I was crazy. Since the financial crisis of 2008 financial literacy is all the rage. From Wall Street to the White House, everybody is preaching the need to teach the masses how to become more financially literate. Meanwhile, Shock Exchange has entered the mainstream - in Barnes & Noble, Amazon.com, alibris.com and the largest libraries in the world - New York, Toronto, Brooklyn, Ottawa, San Francisco, and Los Angeles to name to few. However, only one high school in the country has the book - Hazelwood Central High School in Ferguson, Mo. While Ferguson has burned after protests over the Michael Brown saga , jobs and education have come into focus. The truth is, Hazelwood Central High has been inculcating its students with the importance of financial literacy and how the economy works long before it received national attention. As the world follows Ferguson's lead on ending militarization of local police departments , we should also follow its example on teaching financial literacy.

 
Resources Segment Killing Molycorp PDF Print E-mail
As the global economy continued on a downward trajectory, the pain ahead for Molycorp (NYSE:MCP) began to materialize in Q4 2012. The company was a play on skyrocketing rare earth prices. After rare earth miners like Lynas (OTCPK:LYSCF) expanded rare earth supply, rare earth prices declined and so did Molycorp's going concern value. The company has lost money for nine consecutive quarters. For Q3 2014 Molycorp reported revenue of $124 million - down 17% Y/Y - and a net loss of $105 million. Its cash burn of $48 million was encouraging. However, the company still cannot cover its cost to produce rare earths; gross profit was -$15 million. Read more:
 
Sean Hannity Trolls Ferguson Politician, Patricia Bynes PDF Print E-mail

Sean Hannity of Fox News interviews Democratic Committeewoman Patricia Bynes on the recent death of Mike Brown at hands of police officer Darren Wilson. Hannity asked Ms. Bynes a question about her take on police brutality and racial profiling and then proceeded to (i) make up scenarios about the officer having an orbital eye socket fracture and (ii) cut the Committeewoman off while she was speaking. Hannity effectively acts like a troll in order to get a rise out of Ms. Bynes. Hannity's show must be struggling if he has to resort to trolling guests for ratings.

 
Ferguson: Unedited Video Of Mike Brown Buying Cigars PDF Print E-mail

Protests in Ferguson, MO after the fatal shooting of unarmed black teen, Mike Brown, by a police officer have been going on for over a week now. The Ferguson police department submitted video to the media making it appear that just before the encounter with Ferguson police officer, Darren Wilson, Brown had stolen cigarillos from Ferguson Market. The oddity is that [i] the store clerk never called to report a robbery and [ii] Brown's parents supposed requested a copy of the version Ferguson PD released to the media prior to the video's release, but was refused. The following unedited version of that video appears as if Brown actually paid for the cigars. At the 36 second mark, the store clerk appears with what seems to be currency for the cigars in his hand.

 
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