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Books by
Charles Ogletree
All Deliberate Speed /
From Lynch Mobs to the Killing State /
When Law Fails /
Beyond the Rodney King Story
The Presumption of Guilt
/
Brown at 50
*
* * * *
Professor Charles Ogletree on Profiling
to Beergate to the Obamas
The Presumption of Guilt
Interview with
Kam Williams
Charles
Ogletree, Jr. was born in Merced, California on December
31, 1952, the eldest of five children to bless the union
of migrant farm workers Willie Mae and Charles Ogletree,
Sr. A bright child who exhibited an intellectual
curiosity from an early age, Charles credits his parents
and grandparents for whetting that insatiable thirst for
knowledge.
He would
matriculate at Stanford University where he earned
Bachelor’s and Master’s degrees in Political Science
before heading to
Harvard Law School. Since graduating,
he’s enjoyed a storybook career as a public
intellectual, between teaching at Harvard and moderating
a host of television shows, perhaps most notably, “The
State of the Black Union” and “The Fred Friendly
Seminars.”
Furthermore,
Professor Ogletree has been a frequent
guest on everything from
Nightline to
Frontline to
Tavis
Smiley to
Larry King Live to
The Today Show to Good
Morning America. As an attorney, he has represented a
number of high-profile clients, most recently, fellow
Harvard
Professor Henry Louis Gates of “Beergate” fame.
Currently,
Professor Ogletree is the Jesse Climenko
Professor of Law at Harvard Law School where he serves
as the founding and executive director of the Charles
Hamilton Houston Institute for Race and Justice. He is
also the author of seven books on race and the law,
including his latest,
The Presumption of Guilt a sobering deconstruction of
the Gates case, specifically, and of racial profiling,
in general.
He has received numerous
awards and honors, including being named one of the 100
Most Influential Black Americans by Ebony Magazine. In
the wake of the
Sergeant
Crowley-Professor Gates incident,
Professor Ogletree continues to serve as
special counsel to President Obama and as an advisor on
police behavior to both Harvard University and the City
of Cambridge.
*
* * * *
Kam Williams:
Professor Ogletree, I’m
honored to have this opportunity.
Charles Ogletree:
Thanks. How are you?
KW: Just
fine. I have friend who was at Harvard the same time as
you who I’ve lost touch with, JJ. Jackson. Do you know
him?
CO: Do I know
him? He won’t let me call him JJ anymore. He’s Judge
William McKinley Jackson now. I see him every time I go
to DC.
KW: It’d be
nice to be able to touch base with JJ, I mean Judge
Jackson again, if you could help make that happen.
CO: No
problem, I’ll send him an email right away.
KW: What
interested you in writing
The Presumption of Guilt, a
book about Professor Gates’ arrest?
CO: The main
thing was that it clearly raised the issues of race and
class, and offered the perfect opportunity to talk about
our lagging effort to solve the problem of racial
profiling, and also to notice that the issue is not
restricted to those who find themselves frequently in
the criminal justice system. So, I thought that part of
the intrigue would be to show how wide an array of black
men find themselves presumed guilty when they haven’t
committed anything close to a crime.
KW: I loved
the second half of the book the best, where you have 100
prominent brothers talk about being profiled. I have
personally been subjected to profile stops at least 25
times in my life. How do you feel about the
official
report on the Gates case which was recently released?
CO: I thought
it was incredibly helpful in coming up with suggestions
about going forward in terms of reaching out to and
engaging the community, and in terms of community
policing and examining whether charges like disorderly
conduct can be administered in a neutral, professional
and dispassionate way. On the other hand, when they said
that both Sergeant Crowley and Professor Gates had
missed equal opportunities to deescalate the situation,
I thought that it was inappropriate and unfair to
suggest that the citizen has the same power as the
police in a situation like that. The police have the
authority, the power and the responsibility to control
the situation, because they have the powers of arrest.
KW: What
about how
Professor Gates handled himself?
CO: Professor
Gates was angry and did ask why he was being treated
like this. But that was because he had produced two
forms of I.D., and had done everything the officer had
asked him to do in identifying himself, and yet there
were still questions about whether he was who he claimed
he was. So, that’s why I think the
review has a serious
flaw when it equates the actions of Professor Gates with
those of Sergeant Crowley.
KW: In his
book
The Best Defense your colleague Alan Dershowitz
says that one thing they never teach you in law school
is that any cop’s testimony is sacrosanct and treated
like Gospel in the courtroom. So, I assume that in the
Gates case you were up against the legal system’s
inclination to rubber stamp a police officer’s word.
CO:
Absolutely! The interesting thing though is that
Alan Dershowitz
praised my book in a very strong blurb, and
wants to do even more about the issue.
KW: One of my
editors,
Howard Manly of the Bay State Banner, is among
the 100 black men whose profiling incidents are quoted
in your book. I told him I’d be interviewing you, and he
said he’d like to know what you think about the
evolution of Barack Obama and his handling of so many
crises on a daily basis.
CO:
Howard’s
a good buddy. What’s interesting about Obama is that
he’s had the opportunity to make more judgments not just
with his brilliant mind but with his big heart. That’s a
good thing, because he has this cerebral quality. In
addition, I have seen him grow enormously in both
stating his case and learning more about politics, as
well as in having this ability to multi-task. To think
that with two wars and a financial crisis going on, he
still was able to get a nearly $800 billion stimulus
package, healthcare, regulatory reform and extensions of
unemployment benefits passed, is a sign of what he has
done and can do. Far too much of it is overshadowed by
the vehement resistance to him, but the reality is that
he’s doing a terrific job under trying circumstances.
KW: You
taught both
Barack and
Michelle at Harvard. What were
they like as students?
CO: They had
very different personalities.
Michelle came from a very
strong family. Her parents made it possible for her and
her brother to go to Princeton. When she came to
Harvard, she was a remarkable student who was committed
to public service. While here, she worked with Legal
Aid, which meant she represented poor clients in civil
matters. I was convinced, back in 1985, that she was
going to be the first black female to become a U.S.
Senator. It was clear that she had that capacity.
Barack
came after she had already graduated. He was the
brightest person in the room, but he always reached out
to make sure the voices of other students were heard. He
had the balance of not only being great in the
classroom, but a pretty impressive game on the
basketball court, even though he was skinny with an
unorthodox jump shot. And as smart as he was, he was
humble, which enabled him to get elected the first black
President of the
Harvard Law Review by his colleagues.
Then, despite his academic success, he wanted to go back
to Chicago to work as an organizer, which was extremely
helpful to the community. So, he’s had one success after
another that’s led him to the right place. It’s been
remarkable!
KW: Yale grad
Tommy Russell would like to know, how hard was it having
such a high-profile case?
CO: It’s
actually, more of a strain on the client than the
lawyer. I’ve represented everybody from
Anita Hill to
Tupac Shakur, with so many others in between, that I
don’t mind the publicity, provided it doesn’t violate my
client’s fundamental rights. What was interesting in
this case was that people focused on class more than
race, and saw Professor Gates as arrogant and aloof,
even though in my view everything that he had to say was
protected. The other point is that I hope the case sheds
light on how it is within our capacity to solve a
problem without regard to race, religion, gender or any
other factor.
KW: Attorney
Bernadette Beekman asks, “What do you think will be the
legacy of Skip Gates?”
CO: As much
as he’s accomplished as a
MacArthur Genius Fellow,
having written over a half-dozen books, having received
numerous honorary degrees and other awards, and having
the highest title granted any
Harvard University
Professor, he still will be remembered, unfortunately,
for better or worse, for the arrest and the Beer Summit.
But if it creates a teachable moment, he has no
hesitation to use it as a learning experience for
himself and for others who might encounter a similar
situation.
KW: Larry
Greenberg, son of Third Circuit Federal
Judge Morton
Greenberg, asks, “Am I now legally required to speak
respectfully to a police officer? In other words, can
someone be arrested simply for having a bad attitude?”
CO: The
reality is much more complicated than that. Speech is
one of the most cherished fundamental rights in our
society. We have to be careful where we draw the line,
even if the words are controversial, obnoxious,
offensive or troubling. That’s the reason I wrote the
book, so that people understand that they have a First
Amendment right to say reasonable things and to be
heard, and to act in a defiant way, so long as they
don’t put themselves or the police office at harm.
KW: Both
children’s book author
Irene Smalls and
editor/legist Patricia Turnier asked the same
question. “Do you think we are in a post-racial era in
the United States?”
CO: We’re not
in a post-racial era, because whether you’re the
President of the United States, walking along the
street, entering a hotel or working in certain places,
race still matters. We may have
one black man in the
White House, but we have
one million black men in
prison. So, we still have that and many other
fundamental problems, like unemployment, mortgage
foreclosures and a lack of healthcare. So, my sense is
that we all have to fight as diligently as we can to
create a post-racial environment. But it’s a little
premature to say that we’re there yet, even though it’s
a significant shift in the political climate to have the
country elect an African-American President.
KW:
Rudy
Lewis says, “Though
class is a corrosive element in
America's racial conflict, isn't the heart of the
problem a lack of resolution of Blackness and Whiteness
among both blacks and whites?”
CO: I think
it’s class. And I think class is the understated factor,
and that’s why I wrote about it as a key factor. One
would hope that if you’ve worked really hard and
achieved some semblance of success that you’ve earned
the right to be treated with a certain level of dignity
and success. But as the book makes clear, you’re going
to be judged by the
color of your skin, not by the year,
make and model of your car or by the suits that you
wear. Consequently, it has not changed that people who
are successful are still presumed to be a part of the
criminal element. It’s as big a problem in 2010, in some
respects, as it was decades earlier.
KW: Have you
read
The Rage of a Privileged Class
by Ellis Cose?
CO:
Absolutely! In fact, I’m one of the people he’s
interviewing for Part 2. He’s writing a follow-up about
the rage which flows in the wake of the disappointment
at the denial of one’s true merit, skills and abilities.
About the frustration at having to be twice as good in
order to be considered equal to peers that happen to be
white.
KW: What was
your secret to breaking through barriers to reach the
pinnacle of success?
CO: Three
things: First, nurturing parents and grandparents who
had nothing but an abiding faith that things would get
better for their children and grandchildren, and who
prayed for that day to happen. Second, a thirst for
knowledge that came as a young kid, and being able to
read books to think things through and to grow
intellectually. And third, remarkable mentors, some
known and unknown. And these three keys to my success
are only important if I can pass them on not only to my
children to everyone I encounter in life.
KW: Is there
any question no one ever asks you, that you wish someone
would?
CO: Yes, why
is this all important for the future? I have three young
granddaughters who haven’t encountered the issue of race
yet. I really hope that we, as those with the powers to
set the tone, don’t poison them by producing racial and
even gender stereotypes that make them judge people by
the color of their skin rather than as
Dr. King said by
the content of their color. That has to be our mission,
and I’m hoping that we’ll achieve it.
KW: The
Columbus Short question: Are you happy?
CO: I’m as
happy as can be!
KW: The Teri
Emerson question: When was the last time you had a good
laugh?
CO: Today.
Whenever I have a chance to sit back with folks I might
not have seen for awhile, whether 10 days or 30 years,
that’s grounds for laughter.
KW: The
bookworm Troy Johnson question: What was the last book
you read?
CO: I’m
actually reading three books right now.
The Bridge by
David Remnick.
The
Audacity to Win by
David Plouffe. And
The Breakthrough by
Gwen Ifill.
KW: The Tasha
Smith question: Are you ever afraid?
CO: Not
really, I think that just comes a feeling that
whatever’s destined to happen will happen. I’m prepared
to fall from success. I’m prepared to die if I have to.
The closest thing I have to fear is that those who
follow me might not enjoy a full life.
KW: The music
maven Heather Covington question: What was the last song
you listened to?
CO: John
Coltrane’s "My Favorite Things." It’s a great song that
has a message that’s timeless and timely.
KW: When you
look in the mirror, what do you see?
CO:
Hopefulness that if we all work together with a sense of
“we” rather than “I” or “me,” we can all move forward.
KW: What is
your favorite dish to cook?
CO: Any type
of fish, although my specialty is my mother’s sweet
potato pie with her secret ingredients. It’s delicious
and very popular.
KW: Care to
share those secret ingredients in her recipe?
CO: If I told
you, I’d have to kill you. [Chuckles]
KW: The
Ling-Ju Yen question: What is your earliest childhood
memory?
CO:
Libraries! Just going to libraries, and dreaming that I
was somebody else, somewhere else. As the
Southern
Pacific Railroad rolled through the center of my
hometown, I would imagine myself climbing aboard it to
travel the world. Childhood dreams of the improbable are
the very key to who I am today, so I will always cherish
those fantasies.
KW: If you
could have one wish instantly granted, what would that
be for?
CO: We have
to support our troops, but I’d wish for the end of the
wars in Iraq and
Afghanistan.
KW: The
Tavis
Smiley questions. First, how introspective are you?
CO: Very,
because you always have to examine who you are and what
you are, before you can have the ability and credibility
to advise someone else about who they are, who they
should be and how to get there. So, there is much more
introspection than expression of views.
KW: Second,
what do you want your legacy to be?
CO: He was
able to enter the door because of the help of others.
And he not only left the door open but let a rope down
to bring others in to follow his pursuits.
KW: Third,
where are you in relation to that legacy at this point
in your life?
CO: I’m
there, but I’m never satisfied that my work is complete.
I don’t think it will be complete until I’ve taken my
last breath.
KW: Thanks
for a great interview, brother.
CO: Thank
you. Take care.
*
* * * *
The Presumption of Guilt
The Arrest of Henry
Louis Gates, Jr. and Race, Class and Crime in America
By
Charles Ogletree
Book
Review by Kam Williams
|
This book is
about more than the
arrest of one man. It is
about how we need to examine our criminal
justice system to ensure that fairness, not
power, is the currency of our system. When
we move from a presumption of innocence to a
presumption of guilt, we diminish our sense
of community and undermine our democratic ideals. I
examine the race and class dimensions of the
Gates arrest by looking at how other
successful, prosperous, and noteworthy
African-American men have grappled with a
wide range of encounters not only with the
police but with countless everyday citizens
and have found themselves being judged by
the color of their skin rather than the
content of their character. . . .
Ultimately, if we are to move forward as a
nation, we must . . . develop a justice
system that is truly committed to the
presumption of innocence.”—Excerpted
from the Introduction (pg. 13)
|
When
Dr. Henry Louis
Gates was arrested for breaking into his own home last
summer, black and white America’s diametrically-opposed
response to the alleged misunderstanding was reminiscent
of the two groups’ similarly contradictory reactions to
the Rodney King beating, the
Amadou Diallo shooting, and
the OJ verdict. But what made the
Gates case more
intriguing was the fact that here was a revered Harvard
Professor who relies on a cane being carted off in
handcuffs like a common criminal, and even after the
cops knew full well that they had made a mistake.
Everybody remembers how
President Obama then invited both Gates and the
arresting officer to the White House to bury the hatchet
over drinks in a
Rose Garden photo-op subsequently
dubbed Beer-Gate, but the nagging question left
unanswered was whether what had transpired back in
Cambridge was really an isolated incident unlikely to
reoccur or merely a reflection of a longstanding, racist
police pattern of profiling African-American males all
across the country.
Shedding considerable
light on the issue is Harvard law professor
Charles Ogletree in
The Presumption of Guilt: The Arrest of Henry Louis
Gates, Jr. Granted, as Dr. Gates’ attorney
of record, Ogletree definitely had a horse in the race,
so one might question his impartiality when he makes
mincemeat here of
Sgt. Crowley’s rationale for jailing
his client.
However, what’s of far
more interest and truly persuasive are the anecdotal
accounts offered in the book by over a hundred
well-educated, highly-accomplished brothers about their
own run-ins with the law. It seems that everyone has a
nightmare to share, from civil rights pioneer
Julian
Bond to
U.S. Attorney General Eric Holder to
actor Blair
Underwood to
Bay State Banner Editor Howard Manly to
Baseball Hall of Famer Joe Morgan to
former Clinton aide
Keith Boykin.
Whether the described
affront was the consequence of driving while black,
walking along the beach in an exclusive enclave,
integrating a lily-white neighborhood, or simply
shopping in an upscale haberdashery, there is an
undeniable pattern of societal and state-sanctioned
mistreatment that can be explained only by darker
melanin allowing for a rush to judgment. Reminds me of
Malcolm X’s famous speech, “Message to the Grassroots”
where he matter-of-factly explained t the faithful:
|
You don't catch hell
because you're a Baptist, and you don't catch hell
because you're a Methodist. You don't catch hell 'cause
you're a Methodist or Baptist. You don't catch hell because
you're a Democrat or a Republican. You don't catch hell because
you're a Mason or an Elk, and you sure don't catch hell because
you're an American; because if you were an American, you
wouldn't catch hell. You catch hell because you're a Black man. |
Yes,
Obama may be in the White House, but a post-racial
utopia is yet to be realized. The more things change,
the more they remain insane.
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Gates' Lawyer Challenges 'The Presumption Of Guilt'
Listen to the Story (audio)
In 2009,
Harvard
University professor Henry Louis Gates, Jr. was arrested
in front of his home in Cambridge, Mass. on charges of
disorderly conduct. The charges were dismissed four days
later but one of the first people Gates called after his
arrest was his colleague at Harvard, Charles Ogletree.
The
The Presumption of Guilt
is Ogletree's book about the arrest and its aftermath.
In it he argues that the incident should serve as a
lesson on the abuse of power by police, and law
enforcement's systemic suspicions about black men.
"We would think that, in
the year 2010, we would be past these issues of
confrontations, particularly between professional black
men and police," Ogletree tells NPR's Neal Conan. "But
the reality that this clash occurred ... means that we
still have a long way to go."
In the book, Ogletree
writes that the charge of disorderly conduct in this
context usually means "contempt of cop." Ogletree says
Gates "did mouth off to the police officer, and there's
no denying that."
According to Ogletree,
Gates gave the officer his Harvard identification—which
has his picture—and his license—which has his picture
and address. He also asked the officer, "Why are you
doing this? Give me your name. Give me your badge
number. I'm going to file a complaint." But as the
officer refused to comply with his requests, Gates'
anger and frustration grew. Ogletree says Gates "never
cursed, never seemed demeaning, but had this righteous
indignation that he was not respected in his own house
by a police officer who could have called the Harvard
University police and verified that he was in his own
house — that he was not a burglar."
Ogletree sees two reasons
the incident got out of hand: race and class.
"I think that some of
this is a traditional town/gown problem," he says. On
one side you have the working-class police officer and
on the other the well-known Harvard professor.
Ogletree says, "I think the clash of those personalities
on July 16 is what led to the escalation and the
ultimate claim that Gates was engaged in disorderly
conduct.—NPR
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Henry Louis “Skip” Gates, Jr.,
Ph.D. (born September 16, 1950) is an American literary critic,
educator, scholar, writer, editor and public intellectual. He was the
first African American to receive the Andrew W. Mellon Foundation
Fellowship. He has received numerous honorary degrees and awards for his
teaching, research, and development of academic institutions to study
black culture. In 2002, Gates was selected to give the
Jefferson Lecture, in recognition of his "distinguished intellectual
achievement in the humanities." The lecture resulted in his 2003 book,
The Trials of Phillis Wheatley.
As the host of the 2006 and 2008
PBS television miniseries
African American Lives, Gates explored the genealogy of prominent
African Americans. Gates sits on the boards of many notable arts,
cultural, and research institutions. He serves as the
Alphonse Fletcher
University Professor at
Harvard University, where he is Director of the
W. E. B. Du Bois Institute for African and African American Research.
Michael Kinsley referred to him as "the nation's most famous black
scholar."[1]
However he is criticized as non-representative of Black people by
prominent African-American scholars such as
Molefi Asante,
John Henrik Clarke, and
Maulana Karenga. . . .
On July 16, 2009, Gates returned
home from a trip to China to find the door to his house jammed. His
driver attempted to help him gain entrance. A passer-by called police
reporting a possible break-in and a
Cambridge police officer was dispatched. The resulting confrontation
resulted in Gates being arrested and charged with disorderly conduct.
Prosecutors later dropped the charges.The incident spurred a politically
charged exchange of views about race relations and law enforcement
throughout the United States. The arrest garnered national attention
after the President declared that the police "acted stupidly" in
arresting Gates. The President eventually extended an invitation to both
Gates and the officer involved to share a beer with him at the White
House.[24]
On March 9, 2010, Gates claimed on
the
Oprah Winfrey Show that he and Sgt. James Crowley, the arresting
officer in the Cambridge incident, share a common ancestor.—Wikipedia
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Charles J. Ogletree
(born December 31, 1952 in
Merced, California) is Jesse Climenko Professor at
Harvard Law School, the founder of the school's
Charles Hamilton Houston Institute for Race and Justice, and the author
of numerous books on legal topics.
Ogletree was born to farm workers in central
California. He earned both his B.A. (1974, with distinction) and M.A. (1975)
in political science from Stanford University and his
J.D. from
Harvard Law School in 1978. . . .
Ogletree taught both
Barack and
Michelle Obama at Harvard; he has remained close to Mr. Obama throughout
his political career.He appeared briefly on the joint
Daily Show-Colbert
Report election night coverage of the 2008 presidential election, making
a few remarks about his personal knowledge of the Obamas. Professor Ogletree
has written opinion pieces on the state of race in the United States for
major publications. Ogletree also served as the moderator for a panel
discussion on civil rights in baseball on March 28, 2008 that accompanied
the second annual
MLB
civil rights exhibition game the following day between the New York Mets
and the Chicago White Sox.
On July 21, 2009 Professor Ogletree issued a statement
in response to the arrest of his Harvard colleague, Professor
Henry Gates, whose arrest at his own home became a major news story
about the nexus of politics, police power, and race that summer. After the
September, 2009 death of Senator
Ted Kennedy, Ogletree's name was suggested as one of the possible
appointees to Kennedy's seat as a "placeholder" until a special election
could be held. Other names rumored to be in contention were
Michael Dukakis and several people who had held important Massachusetts
or national Democratic positions:
Paul G. Kirk (a former chair of the
Democratic National Committee),
Nick Littlefield (a former Kennedy chief of staff),
Robert Travaglini, and
Shannon O'Brien.—Wikipedia
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Henry Louis Gates, Jr. on DVD
DVD
Description of
America beyond the Color Line
Henry Louis Gates Jr. travels the length and breadth of the
United States to take the temperature of black America at the
start of the new century. Gates visits the East Coast, the deep
South, inner-city Chicago and Hollywood to explore the rich and
diverse landscape, social as well as geographic.
* *
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DVD Description of
African American Lives
Renowned scholar Dr. Henry Louis Gates Jr., W.E.B. DuBois
professor of the Humanities and chair of African and
African-American Studies at Harvard University, takes Alex
Haley’s Roots saga to a whole new level. Using genealogy and DNA
science, Dr. Gates tells the personal stories of eight
accomplished African Americans, tracing their roots through
American history and back to Africa. Participants include Dr.
Ben Carson, Whoopi Goldberg, Bishop T.D. Jakes, Dr. Mae Jemison,
Quincy Jones, Dr. Sara Lawrence-Lightfoot, Chris Tucker and
Oprah Winfrey.
* *
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DVD Description of
Wonders of the African World
Africa is a continent of magnificent
treasures and cultures--from the breathtaking stone architecture
of 1,000-year-old ruins in South Africa to an advanced 16th
century international university in Timbuktu. However, for
centuries, many of these African wonders have been hidden from
the world, lost to the ravages of time, nature and repressive
governments. Uncover the richness of these African Wonders with
Henry Louis Gates, Jr. as he explores the many cultures,
traditions and history of the African continent.
* * *
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Blacks in Hispanic Literature: Critical Essays
Edited by
Miriam DeCosta-Willis
Blacks in Hispanic Literature is a
collection of fourteen essays by scholars and
creative writers from Africa and the Americas.
Called one of two significant critical works on
Afro-Hispanic literature to appear in the late
1970s, it includes the pioneering studies of
Carter G. Woodson and
Valaurez B. Spratlin, published in the 1930s, as
well as the essays of scholars whose interpretations
were shaped by the Black aesthetic. The early
essays, primarily of the Black-as-subject in Spanish
medieval and Golden Age literature, provide an
historical context for understanding 20th-century
creative works by African-descended, Hispanophone
writers, such as Cuban
Nicolás Guillén and Ecuadorean poet, novelist,
and scholar
Adalberto Ortiz, whose essay analyzes the
significance of Negritude in Latin America. This
collaborative text set the tone for later
conferences in which writers and scholars worked
together to promote, disseminate, and critique the
literature of Spanish-speaking people of African
descent. . . .
Cited by a
literary critic in 2004 as "the seminal study in the
field of Afro-Hispanic Literature . . . on which
most scholars in the field 'cut their teeth'."
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Greenback Planet: How the Dollar Conquered
the World and Threatened Civilization as We Know It
By H. W. Brands
In Greenback Planet, acclaimed historian H. W. Brands charts the dollar's astonishing rise to become the world's principal currency. Telling the story with the verve of a novelist, he recounts key episodes in U.S. monetary history, from the Civil War debate over fiat money (greenbacks) to the recent worldwide financial crisis. Brands explores the dollar's changing relations to gold and silver and to other currencies and cogently explains how America's economic might made the dollar the fundamental standard of value in world finance. He vividly describes the 1869 Black Friday attempt to corner the gold market, banker J. P. Morgan's bailout of the U.S. treasury, the creation of the Federal Reserve, and President Franklin Roosevelt's handling of the bank panic of 1933. Brands shows how lessons learned (and not learned) in the Great Depression have influenced subsequent U.S. monetary policy, and how the dollar's dominance helped transform economies in countries ranging from Germany and Japan after World War II to Russia and China today. He concludes with a sobering dissection of the 2008 world financial debacle, which exposed the power--and the enormous risks--of the dollar's worldwide reign. The Economy |
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The White Masters of the
World
From
The World and Africa, 1965
By W. E. B. Du Bois
W. E. B. Du Bois’
Arraignment and Indictment of White Civilization
(Fletcher)
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Ancient African Nations
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If you like this page consider making a donation
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Negro Digest /
Black World
Browse all issues
1950
1960
1965
1970
1975
1980
1985
1990
1995
2000
____ 2005
Enjoy!
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The Death of Emmett Till by Bob Dylan
/
The Lonesome Death of Hattie Carroll
/
Only a Pawn in Their Game
Rev. Jesse Lee Peterson Thanks America for
Slavery /
George Jackson /
Hurricane Carter
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The Journal of Negro History issues at Project Gutenberg
The
Haitian Declaration of Independence 1804
/
January 1, 1804 -- The Founding of
Haiti
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posted 27 July 2010
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