obama3.jpgObama to Accept Nod on Symbolic Day
Standing on the steps of the Lincoln Memorial on August 28,1963, Martin Luther King Jr. shared his vision for a new America: “I have a dream that one day this nation will rise up and live out the true meaning of its creed: ‘We hold these truths to be self-evident: that all men are created equal,’ ” he said before a crowd of hundreds of thousands. King’s dream for a land where his children would “not be judged by the color of their skin but by the content of their character” would be repeated, meditated upon and memorized for generations to come. On the 45th anniversary of King’s rousing call, Sen. Barack Obama will accept the Democratic nomination at INVESCO Field in Denver, Colorado. In what represents at least a partial actualization of King’s dream, Obama will officially become the first African-American to lead a major party’s ticket for president of the United States. (Continue Reading…)

Damon Dash Loses Pro-Keds, Sells Rights
Stride Rite Corp. has reacquired the rights to the Pro-Keds brand from financially struggling hip-hop mogul Damon Dash. The change for the iconic, 60-year-old shoe comes a week after Dash, who once boasted that he never wears the same socks twice, reportedly may lose two of his properties to foreclosure. Lexington-based Stride Rite insisted Dash’s financial woes had nothing to do with the rebranding. “It was just a matter of timing,” Stride Rite spokeswoman Debra Fernandes said yesterday. “We just wanted a new direction.” Pro-Keds was launched in 1949 as a performance athletic shoe. By the 1970s, the round-toed sneaker was synonymous with some of the biggest names in professional sports – JoJo White and Kareem Abdul-Jabbar endorsed them. (Continue Reading…)

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