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Hip-Hoppers Lead Seminar On Investing, Avoiding Debt

AP   |   September 10, 2007 01:32 PM

Read More: Hip Hop, Russell Simmons, Breaking Business News
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Those new Nikes are fresh, but will they rock your retirement like a money market account?

Rap artists and fans debated the finer points of money management this weekend at a seminar at North Carolina A&T University in Greensboro. The event was sponsored by the Hip-Hop Action Network, led by music industry heavyweight Russell Simmons.

Simmons and performers like Jim Jones and Lil' Mo talked about how to avoid debt and invest intelligently. They discussed credit ratings and the advisability of buying a home.

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- OhPlease2007 I'm a Fan of OhPlease2007 permalink


1. How to avoid debt

Don't get suckered into the commercialization scam that is interwoven into the 'Hip-Hop Culture' by the, 'Hop-Hop-Culture-Vultures.'

2. How to invest intelligently

Stop watching MTV; MTV perpetuates the, 'Hip-Hop-Culture-Vultures'

Buy books, not CD's!

    Favorite    Flag as abusive Posted 04:55 AM on 09/11/2007
- mrcontinental I'm a Fan of mrcontinental permalink
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Positive? These sellouts are just as bad as the neo-cons. They made their millions pandering to the inner city and ghetto youths, many of which didn't have crap to start with, with shitty music, idiotic urban dress, throwback jerseys and $200 dollar tennis shows.

GET MONEY! Gangs and guns, bitches and whores and drugs; anything goes!

Now that they have mislead an entire generation they want to go to a college where the intelligent were smart enough to disregard their bullshit gangster lifestyle growning up and act as financial advisors AFTER they've fleeced the inner cities. Get real.

The list is long: Dr Dre', Snoop Dogg, Ice Cube, Ice T, Russell Simmons, I could go on and on. All bailed and went MAINSTREAM the first chance they got after promoting bullshit to get rich because they knew they were wrong to promote that lifestyle. They just didn't give a damn.

I guess exploitation isn't only for the white man after all.

    Favorite    Flag as abusive Posted 04:28 PM on 09/10/2007
- InofTouch I'm a Fan of InofTouch permalink

this has been going on for quite a while so it isn't anything new and we get it mrcontinental you hate mainstreem. so go back underground.

    Favorite    Flag as abusive Posted 06:09 PM on 09/10/2007
- mrcontinental I'm a Fan of mrcontinental permalink
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I'm afraid you don't get it. It's difficult enough raising black teenage boys in todays society without assclowns like this being their role models. Every positive step forward seems to come undone when the spectre of hip-hop rears it's ugly head.

I have to work twice as hard to raise my kids because they are constantly bombarded with this idiotic trash.

They are 11 yrs now and still listen to me for the most part. But peer pressure is a bitch. When all there peers have drank the kool-aid how do I keep convincing them that their peers are wrong?

Eventually I will look like a lone voice in the wilderness who doesn't get it and before you know it my kids are in the penal system or dead in some back alley.

It's the likes of Russell Simmons who should have stayed underground.

    Favorite    Flag as abusive Posted 09:29 AM on 09/11/2007
- mrcontinental I'm a Fan of mrcontinental permalink
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And I HATE hip-hop.

    Favorite    Flag as abusive Posted 09:32 AM on 09/11/2007
- nihilon x I'm a Fan of nihilon x permalink

None of the people you mentioned went mainstream -- gangsta rap just became mainstream. None of them changed their rapping style to please the public -- the public came to them.

And they didn't "fleece" the inner city to make money -- about 70% of gangsta rap is bought by suburban white teenagers.

Dre, Snoop, Cube, and Ice T have never said anything that they did is "wrong" -- the only rapper who has done anything close to what you mentioned is Master P.

Simmons was never a gangsta rapper or promoter -- Def Jam (his company) was built on artists like Run DMC, Beastie Boys, LL Cool J, and Public Enemy. He has almost nothing in common with the other rappers you mentioned.

Next time you want to make generalizations about the rap industry, make sure you know what you're talking about first -- otherwise you come off as looking ignorant and uninformed.

    Favorite    Flag as abusive Posted 09:18 AM on 09/11/2007
- mrcontinental I'm a Fan of mrcontinental permalink
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It's all trash and they are all trash. You probably don't even have kids.

So take your hip hop lovin' ass back to the gutter that you crawled out of because you are obviously delusional defending this garbage.

    Favorite    Flag as abusive Posted 10:54 AM on 09/11/2007
- nihilon x I'm a Fan of nihilon x permalink

Lets see if this positive hip-hop news gets even 1/10 the attention that the negative news tends to receive.

Regardless, congrats to Russell for stepping up on this and other important issues in the hip-hop community.

    Favorite    Flag as abusive Posted 02:04 PM on 09/10/2007
- nihilon x I'm a Fan of nihilon x permalink

Let's see if this positive news about the hip-hop industry gets even 1/10th the attention that any negative news about hip-hop gets.

    Favorite    Flag as abusive Posted 02:01 PM on 09/10/2007
- dadw5boys I'm a Fan of dadw5boys permalink
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Wow they used the poor people to drive down home prices so the rich can buy more property cheaper.
WOW what a financial manuaver.
Now all thats needed is a bailout by the Federal Reserve and hand the poor people the bill for the bail out and the interest too.
Then a few tax cuts for the top 5% and it is done.
GAME OVER!

    Favorite    Flag as abusive Posted 06:33 AM on 09/11/2007
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