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February 12, 1992 - Image 16

Resource type:
Text
Publication:
Michigan Citizen, 1992-02-12

Disclaimer: Computer generated plain text may have errors. Read more about this.

- ,
o
if
IB man and' i we'll
t tlae' roo than whi�
�B
from eniering m! JmVing � in
the workp in '92.
The economic rece ion
dwing � � deCade-
tructuring 0 � national
�lOOI1lV arx1 perpetual laclc of
'ccooomic production' 'de our
oonummity bordm 100m chal­
Ienp 10 B getting sufficient
a leg � in � American 'ety
toward the twn of � century.
"If it' 10 � in � 19'XB, it is
� 10 youaoome." Good jobsaod
career opportunitie for our
people will not come from
anyplace else but our own BOO
from imide our communities.
The nation is in a prolonged reees-
ion am the OIX:C all-powerful-na-
tional-middle-c is fightingjust
to keep in place.
� ocooomic impact of Ger­
many and the ECC, mJJapanarxl
� other Asian TIg'C1S, mean that
the US., and the white folks we
love k> hate, will rever ve the
predominate sans that they ooee
bad in manufacturing, trade arxl
expor1S that had giVen �rn the
gbcst stmiard of living in the
odd.
. NOT ONLY ARE white­
: : -pwncd corporations unable to
: . = � � jobs arxl training to lift
: • _ � boa1s of the 12 percent of us
• • 00 have 00 emplo�nt, the
: •• government which' frequently
• !Black-run, is no longer an
, �mployer of last resort. as percent
� •• f �hat little American employ­
: :)nent �re is, is in the business 8l¥1
• �ce indUSbiC5 of the private
: :·«ctor. If it is to be, it is going k>
up k> us 10 make our mark here.
In order k> survive the decade
pf � � witmUl fully half of us
� into economic slavery, the
BlackoommWlitywill have toim­
plesnt think tanks througtx>Ul its
�ighbotroods to address com­
munity problems such jobs,
• training, commercial develop­
! menL Even a bIm! man can see
• that the traditional national think
� tanks have 00 intentions to fron-
• tally address the 18icproblemsof
the African-American com­
·"munity;
The planning, coordination,
management and implemcnlation
f Black Development and
Enterprise to expand � bridges
to jobs aOO provide our ladder k)
upwardly mobility in the � will
.hive k) come from our own in­
: stitutiom.
• For tinge armng \8 wOO wish
to drop I8cial disaimination as an
• eXDIIC for African-American in­
: adioo, the following' a mting of
.. Black imtitutiom that with our
iIxluiJy, membc2sbip, mSs�rt
• can give us soUl¥ler f'ouOOaUom
am brighter opportunities into the
year 2iXXl. If we contact tlae
hcadquar1ets location am deter­
mine � local affiliates, we can
1Brt to work w� we live k>
grow from within. .
�National BuWessLcague
(economic develop�nt)t 432A
Georgia Avenue, NW,
Washingm, D.C. 20011;Natiorr
" al Council of Negro Women
(family/COmmunity)t 1211 Cbn­
necticut Avenue, NW,
, W&Wngk>n, D.C. 20036; Oppor-
tunities IndlStrialization ��IS
(ocooomicJtmining), 1415 North
Broad Street, Philadelphia, PA
19122; National Association of
Black MBAa (ecooomicltrain­
�ty rcsoUl'CtS, Suite
1820, 180 North Michigan
Avenue, Cllicago, IL ca,Q1.
A listing of 100 traditional
and emerging Black institu­
tions i available for $2
(stamps or money order) from
Who' Who in Black Cor­
porate America, 1264 Na­
tional Press Bldg.,
Washington, D.C. 20045.
BUSINESS FINANCE
Here re om
you If:
-G tt 0 • or
utomobile i u nee, t -man-
d ted minimu m y t
enough.
Th $5,000 that Mi i ippi -
quire or property d m e, for -
mple, would barely cover a
Cadill c fender-bender, let 10
rio d mend injury.
Th more Ii bility protection
you buy, the ch per it i per
$1,000. Going from $100,000 to
$300,000 c n add Ii ttle 20 per
ye r, depending on where you live
and how good a driver you reo
Automobile insurance hould
cover medical bill for you nd your
p ngers if your car i hit by
motori t who' driving without in-
urance. Especi lly in the 2S tat
with no-fault insurance, you'll need
to buy uninsured- nd under-in-
did. To lcula t
mount you need, multiply your
home' floor are by local buildin
t per q re foot. For example,
in the Se ttle re : $38 to 50 ti
the average 2,000- quare foot
ho e would w rrant S76,OOO to
$100,000 in i urance pro ection.
e d n t. Tbeft
coverage of jewelry, Uver, rt or
furs i typi lly limited to $1,500.
To g t b c valuable' true orth,
you need extra-cost e}'Ulorsements
Black legl lator •• alut Gov. Wild r - Virginia Governor L Dougl •• Wilder (.econd. right). I.
hown with member. and upporters of the Nation I Black Caucus of State Legislator (NBCSL)
during the organization' 15th annual I gl.latlve confer nce r�c ntly In La. V ga. Wilder
received the group's • Nation Build r· award, which honor. Individuals who hav mad .lg"lflcant
achl vemente In th African community. Shown with Wild r (from left to right), are: T nnee ..
State Rep. Louie DeBerry, vice pre.ldent of NBCSL; Victor M. Jull n, dlr ctor of corporate affair.
for Anh u.er-Bu.h Companl .; and Colorado Stat Senator Regl. F. Groff, NBCSl pre.ident
U of M joins Tuskegee in business cia s
ANN ARBOR-The University of
Michigan and Tuskegee University
will develop an interdisciplinary
course for Tuskegee's business
school curriculum under a S20,OOO
grant from the KPMG Peat Marwick
Foundation.
The course, "International Busi-
ness and Global Interdependence,"
will be developed by two Tuskegee
faculty membe� who will be ho ted
by the'U-M as visiting scholars.
It will be designed to introduce
students to the international busine
environment and the issues of global
interdependence.
The project will be directed by
Edwin L. Miller, associate dean and
profes or In the U-M School ofBdsi­
ness Administration; and Ernest J. �
Wilson III, director of the U-M Cen­
ter for Research on Economic
Development and associate profes­
sor of political science and public
policy.
THE PROJECT IS one of 18
I I sponsored by the Association of
Taxpauers Ask IRS . American Colleges and the
.� American Assembly of Collegiate
Schools of Business. The projects
....-----------------------' are funded through a $310,000 grant
from the KPMG Peat Marwick
Foundauen,
T ax Information for Persons with
Disabilities
These are typical of quesuons
asked by taxpayers and are pre­
sented as a public service of this
publication and the IRS.
Q. I know there arc certain credits
for members of various di 'advan­
taged groups in society; is there a
credit for elderly Of disabkd indi­
viduals?
A. Yes. it i called the tax credit
for the dderly or th� disabh:d. You
may be eligible for this credit if
you are 65 or olda or if you retired
on disability and you were perma­
nently or totally dlsabkd.
Q. How would I claim and figure
the credit?
A. You would claim the credit
when filing Form 1040 or 1040A,
and you would figure the credit by
tilling out cheduk R (Form 1040)
or ch\!dule 3 (Form 1040A).
Q. If I am und�r age 65, what do I
need to rove that I am disabled?
A. If you are under age 65. a
doctor must certify that you an!
permanently and totally disabled.
The statement must ay th t you
'- ... cannot engage in any sub'tantial
gainful acuvuy because of your
physical or mental condition. and
that your condition has lasted or
can be expected to last continuous­
ly for 12 months or more, r that
the condition can be expected to
result in death.
Q. What spc ial deductions exi·t
for handicapped or disabled indi­
viduals'!
A. Several pecial deduction ex­
ist for handicapped or di abled
individuals who itemize their de­
ductibk medical expenses. They
may include the costs of wheel­
chairs, h�aring aids, artificial
limbs, guide dogs, sp cially­
equipped telephone and televi-
ions for the deaf, and payments to
a special school or a spe ial home
for th\! disabled or to a per 'on who
provide care for a disabled person
in your home. In orne cases, cer­
tain major building modifications
such a in tailing wheelchair
ramp , elevators, sl)t!cial doors and
railing would qualify as medical
expen 'C', Individual can dedu t
medical expense only to the ex­
tent they exceed 7.5 percent of
djusted g�o incomc.
A Serviu of Amenc.n
Ru . Information •
S711 So. 86cb Cirr'" • Om.ba.
r program
o help improv
Black new paper
cl im."
ONEY -SAVING TIP
- Avoid mall- lice policle
that p y only if you're mugged,
tricken with cancer or injured in a
plane crash.
- Before committing, your
tate insurance dep rtrnent for price
lists comparing the various com-
SAN DIEGO - The Sears­
Roebuck Foundation announced
a three-year, $350,000 grant to
the National New paper Pub­
lishers ociation (NNPA)
Foundation to fund a project
de igned to support the African­
American pre .
Paula A. Banks, president of
The Sears-Roebuck Foundation,
presented a $150,000 check -
the first of three funding irlstall�
ments - to Robert Bogle, presi­
dent of the NNP A, during the
Mid- Winter Convention of the
NNPA/University of Missouri
African-American Newspaper
Prototype Project.
The NNP A Foundation; In
conjunction with the University
of Missouri Joumali m School
and a historically Black college
chool of journalism tlll to be
selected, will' design and
produce five prototype
newspapers aimed at reaching
African-American readers in
select communities across the
country.
"Sears corporate priority is to
support meaningful and innova­
tive educational programs, so
we're pleased to join the NNPA
and our other partners in this in­
itiative .. " said Banks.
"THE SFARS·ROEBUCK
Foundation is committed to
strengthening communities
across the country through
education. By working to im­
prove the African-American
press, these papers will continue
to serve as a powerful literacy
tool," concluded Banks.
The, five communities par­
ticipating in the prototype will
be selected this, spring by the
NNP A Foundation. The
prototype newspapers will be
SEVERAL PROJECT com­
ponents will be completed in
partnership with minorities in
the new paper industry and
African Americans on the staff
at the nation's historically Black
colleges and universities that
have journalism schools.
A econd grant will be
awarded in January of 1993.
The third-year installment is
contingent upon results o( the
program's first two years.
Need Information about Businesses?
Call the Business INFOLINE!
There are over 9 million bu ine se in th u.s. - and finding infonnation
about them can be virtually impo ible, e pecially when you need it /JJ.JL But
now there's a way ... a revolutionary n , service called Business INFOUNE'
Need to know the addre and phone number for "XYZ Company"
omewhete in Flori� or the name and phone number of a "Cadillac Dealer"
in Palm Beach? Even telephone company directory as i tance can't help you
in the ituation ... but we can!
ForemmpN •••
"Yo .. r BMW bnw down on tM inler. �,and .. M�d to know lfthere's a dealer in
tM nut town ...
"An ow-of-town company i trying to ell yo .. vinyl siding for o .. r Itotue, and yo .. need
more in/ormation abo .. t tMm - how long tM company has been in bw.rUw$l, and #tow
many employees tMy have ...
"Yo .. 're plaMing a vacation in the Pacific Northwest, and YD" WQIlI to liM #lin,s
for tM kid� to do. So yo .. nud to find tlte amw.rement paries and 1.IJOS in Ort 011
and Washington."
"A friend gave yo .. a tip thal "Apex Ind fries" would be a· DOd stock ;nwll7MltI; bWl
ou want to know more. What do they do What are tMir approximDJt annual sales?"
The Bu ine INFOLINE i indispen ble for hom r office! And the co t
i only $3.00 for the fir t minute and $1.50 for each ddition 1 minute,
conveniently bil1ed to your phone number. The rvice i vailable Monday
through Friday, 7:00 a.m. to 6:00 p.m., Central Time.

127
Dial 1-900-896-0000
Ask/or Ext. # 214
designed b ed on survey and
focus group re earch conducted
in each of the five communltie .
Other project- components in­
clude circul tion and marketing
plans, internship for minority
students nd regional workshops .
for publishers.
"We are delighted that IS·
is partnering with the NNPA on
thi very important project,' said
Bogle. "This grant from The
Sears-Roebuck Foundation i a
very clear indication of its con­
tinued association and commit­
ment to the audience that our
newspapers speak to everyday,"
added Bogle.
The project grew out of a con­
cept developed by the University
of Mi ouri Journalism School
and will be administered through
. the NNPA.
"There is a lot of room for
growth in the African-American
newspaper industry," aid Yves
Colon executive director of the
Multi-Cultural Management Pro­
gram at the University of Mi -
souri. "This is a wonderful
opportuni ty for the project
partners to tap resources that are
available to us to make African­
Aunerican newspapers even
more relevant to readeR' lives,"
added Colon.

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