Jack Johnson, DC County Exec and Wife Arrested for Corruption: What Can We Learn from This?

by Dr. Boyce Watkins, Syracuse University – Scholarship in Action 

I was saddened to hear about the recent arrest of Prince George's County Executive Jack Johnson and his wife Leslie. Both Jack and his wife are well-respected in the DC area. Both have served their communities for decades, and both of them represent the essence of Prince George's County, the most affluent county in the United States with an African-American majority population.
Johnson was once an important ethical and legal protector of the county, serving as its lead Prosecutor. His wife has served the community for over 30 years in numerous capacities. He was also the first African American to become County Executive in the DC area. So, why are Johnson and his wife facing up to 20 years in prison for evidence tampering and destruction of evidence, among other charges? In fact, the story is quite bizarre, with reports of the FBI allegedly recording Johnson telling his wife to put nearly $80,000 in her underwear.

 

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Does Obama Have Bragging Rights with GM IPO?

by Dr. Boyce Watkins, Syracuse University – Scholarship in Action 

President Barack Obama gained some bragging rights this week. The emergence of General Motors by way of a$20.1 billion dollar initial public offering (IPO) was a shot heard around the world. The IPO is the largest in American history, and largely unexpected by most of the financial community.

Just a year ago, General Motors found itself suffocating under the stigma of receiving a government bailout, and the Obama administration was heavily criticized for providing $36 billion in taxpayer funds to keep the company afloat. The argument by Obama was that allowing GM to fail would cause the loss of hundreds of thousands of American jobs, something that the president wasn't willing to tolerate. In an uncomfortable spurt of patriotism, the president's camp took the bold step of bailing out the company that many thought should be allowed to fail.

President Obama certainly has both the right and need to brag about the rise of GM. In the same way Republicans were quick to blame him for allegedly worsening the economic downturn, they must also allow him to soak up the credit when good things happen. Whether we are faced with good or bad economic times, the president is usually given more responsibility than he deserves. Such is the nature of politics.

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Dr. Boyce on CNBC: Cutting Taxes for the Rich is a Very Bad Idea

 

Watch Dr. Boyce Watkins explain on CNBC that extending the Bush tax cuts for the wealthy is bad for America.   Click here to watch

Boyce Watkins on CNBC: Why are Republicans Fighting So Hard for the Wealthy Already?

 

Dr. Boyce appears on CNBC to ask why the Republicans are already fighting to extend Bush tax cuts for the wealthy.  To watch the video, please click here.