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Ace Hood is out promoting his new album Trials and Tribulations. He stopped by Sway in the Morning to speak on Lil Wayne's "broom" stick lyric on "We Outchea," groupies, the Illuminati and soits a freestyle.
Ace Hood Explains Why He Doesn't Shop at Local Stores & Weighs in Groupies on Sway in the Morning
Ace Hood Speaks on Spiritually and Freestyles on Sway in the Morning
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Since signing with We The Best, Vado has been dropping nothing but heat rocks. That continues today with the release of his new single "Straight for the Summer" feauturing Fabolous and Kirko Bangz. Slim Flu 4 on the way.
Bay Area legend E-40 is preparing to release his latest albums The Block Brochure: Welcome to the Soil 3, 4 and 5 later in the year. Check out his new collaboration with Black Hippy member Schoolboy Q and Danny Brown titled "All My N*ggas."
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Via USA Today
"The fiscal realities confronting Detroit have been ignored for too long. I'm making this tough decision so the people of Detroit will have the basic services they deserve and so we can start to put Detroit on a solid financial footing that will allow it to grow and prosper in the future," said Michigan Gov. Rick Snyder. "This is a difficult step, but the only viable option to address a problem that has been six decades in the making."
Detroit Emergency Manager Kevyn Orr, who in June released a plan to restructure the city's debt and obligations that would leave many creditors with much less than they are owed, has warned consistently that if negotiations hit an impasse, he would move quickly to seek bankruptcy protection.
Snyder signed off on the filing in a letter attached to court documents filed Thursday in U.S. Bankruptcy Court in the Eastern District of Michigan. A spokeswoman for Snyder did not immediately return telephone calls Thursday.
"It is clear that the financial emergency in Detroit cannot be successfully addressed outside of such a filing, and it is the only reasonable alternative that is available," Snyder said in the letter granting his state-required approval. "In other words, the City's financial emergency cannot be satisfactorily rectified in a reasonable period of time absent this filing."
Snyder continued: "I have reached the conclusion that this step is necessary after a thorough review of all the available alternatives, and I authorize this necessary step as a last resort to return this great City to financial and civic health for its residents and taxpayers. This decision comes in the wake of 60 years of decline for the city, a period in which reality was often ignored."
Orr's spokesman Bill Nowling said, "Pension boards, insurers, it's clear that if you're suing us, your response is 'no.' We still have other creditors we continue to have meetings with, other stakeholders who are trying to find a solution here, because they recognize that, at the end of the day, we have to have a city that can provide basic services to its 700,000 residents."
This week, the city's two pension funds (which have claims to $9.2 billion in unfunded pension and retiree health care liabilities) filed suit in state court to prevent Orr from slashing retiree benefits as part of a bankruptcy restructuring.
Ambac Assurance Guaranty, which insures some of the city's general obligation bonds, has also objected to Orr's plan to treat those bonds as "unsecured," meaning they're not tied directly to a revenue stream and would receive pennies on the dollar of their value. Ambac, and other creditors, have threatened to file suit.
Detroit Mayor Dave Bing announces that Detroit filed for bankruptcy protection Thursday, July 18, 2013, as part of Detroit Emergency Financial Manager Kevyn Orr's, plan to get the city back on track.(Photo: Romain Blanquart, Detroit Free Press)
A deal with creditors gives the city access to $11 million a month in casino tax revenues that Orr has said is key to maintaining city services while negotiations, in or out of bankruptcy court, take their course with other creditors and unions.
Plunkett Cooney bankruptcy lawyer Doug Bernstein, who is not involved in the bankruptcy and is not representing any parties related to it, said Thursday that the filing was critical for the city, given a growing number of legal challenges.
On Monday, an Ingham County Circuit Court judge was scheduled to hold a hearing on the city workers' and retirees' challenge to stop the city from filing for bankruptcy protection. The employee groups, and separately the city's two pension funds in another lawsuit, argue that the governor — who must and has authorized the bankruptcy filing — cannot do so if the filings include plans to reduce pension benefits, because the state's constitution explicitly protects public pensions. If the state has such plans, it wasn't immediately presented in the court filing.
"They're going after the little guy. They don't care about the well being of retirees, people who live on set pensions they're entitled to for the rest of their lives. What they're worried about is paying the big folks." Ed McNeil, negotiator for the American Federation of State, County and Municipal Employees Council 25, the city's largest employee union.
Bernstein said preventing the court hearing Monday is probably a key part of the strategy behind a Chapter 9 petition by the city, because a ruling in favor of the employees could put a halt, at least temporarily, to any moves by Orr and Snyder to proceed with a bankruptcy petition. A bankruptcy filing immediately stays all such court proceedings.
"The stay kicks in as soon as the filing, whether it's Friday or Monday," Bernstein said before Thursday's filing. "The key is taking advantage of the automatic stay. Because of the lawsuit filed by the pension funds and the hearings coming up Monday, it became a factor, so to the extent that (Orr) wanted to continue negotiations with creditors, now the city is forced to" file a Chapter 9 petition.
The 30- to 90-day eligibility fight could be prolonged beyond that time frame if creditors mount a significant challenge to Detroit's eligibility for bankruptcy. In other communities that have filed for Chapter 9 protection, such fights have extended the process a year or more, including Jefferson County, Ala., and Stockton, Calif., two of the largest municipal bankruptcy filings so far in the United States.
Detroit's bankruptcy is by far the largest of its kind in U.S. history, in terms of the city's population of about 700,000 and the amount of its debts and liabilities, which Orr has said could be as high as $20 billion. Because of the stakes involved, and the impact on residents statewide, as well as 30,000 current and retired city workers and Detroit's ability to stay in business, the case could be precedent setting in the federal judiciary. It also could set an important trajectory for the way troubled cities nationwide settle their financial difficulties.
Bernstein noted that Orr has said repeatedly his office would "negotiate with creditors until and unless we find that the negotiations won't bear fruit, with the understanding that the city has a limited amount of time" for those talks.
City Council President Pro Tem Andre Spivey said he understood that negotiations Orr was having with creditors weren't as fruitful as he'd hoped they be, and that he hopes the bankruptcy process will be relatively quick. But he stressed to residents that they needn't worry about the impact of the filing immediately.
"City services we provide will not be shut down," Spivey said. "We'll still be providing services, but the challenge is where we're going to get to as we go through the bankruptcy process."
The city has lost more than half of its population over the last 60 years. In 1950, the city was the fifth-largest city in the country with a population of around 1.8 million. Today its population is estimated at just under 700,000.
Michigan Governor Rick Snyder Authorizes Detroit Bankruptcy Filing
Going for Broke: Detroit Files for Bankruptcy
Detroit Files The Largest-Ever Municipal Bankruptcy In U.S. History
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N.O.R.E. a.k.a. P.A.P.I. is getting ready to release his Good Belt Gang compilations album. The first single off of the project is "Hood BBQ" featuring Vado and Yung Reallie. N.O.R.E. recently shot the music video for the song in Lefrak.
Peep the video teaser directed by @dptvfilms and scenes from the set courtesy of 57th Ave.
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While AR-AB serves out his current bid his Original Block Hustlerz crew is making sure his name remains in the streets. The latest release from Philly's top goon is "Go Hard" off of his mixtape, Who Harder Than Me 2.
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Here's some rare footage of Wu Tang Clan's late, great emcee Ol Dirty Bastard in a freestyle cypher with Busta Rhymes. The rhymes were not off the top of the dome, but that doesn't matter. (Busta's line were from "Woo Hah!! Got You All in Check." ODB spit lyrics from "Brooklyn Zoo II.")
What matters though, is we get an up close and personal look at ODB while he was still alive. An emcee who had no father to his style and can never be emulated. And of course Busta has one of the best flows ever.
Rest in peace ODB.
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Michael Vick continues to give back to the community in a big way. The Philadelphia Eagles quarterback is in Washington D.C. speaking to Rep. John Lewis from Georgia about a program called Team Freedom Outreach.
The program relies on Christian volunteers to help mentor incarcerated youth and play sports with them. Some of the kids as young as 12 haven't had a visitor in 16 months or longer.
The program's hope is that the youth will emerge from incarceration and be able to get their lives back on track as a result of the positive encouragement they receive.
"Team Freedom Outreach gives them positive mentorship. It shows these kids that somebody cares. It helps them make a plan," Vick told TMZ.
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Farrah Abraham has gone from starring on MTV's reality show 16 and Pregnant to full on porn star with the release of her sextape, Superstar Backdoor Teen Mom.
Farrah's fans probably could care less about her IQ, but she appears to be lacking in that department.
Farrah called into Matty P's Radio Happy Hour and was asked who Trayvon Martin was. She seems to the the lone person in America that doesn't know.
"I feel like I met her or something. It sounds so familiar," Farrah said. "I don't know what she is. I can't picture the person with the name right now."
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After releasing the "Ill Mind of Hopsin 6" music video yesterday Hopsin decides to unveil the cover art for his next project, Knock Madness. The project will be released on November 26th. Follow Hopsin on Twitter @Hopsin.
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Houston rapper Trae Tha Truth has been grinding heavy by continuing to feed the streets that pure gutter music. The Asshole By Nature/Grand Hustle artist is ready to give fans more new hear in the form of his forthcoming mixtape, I Am King.
Trae just released the cover via his Twitter account. Expect that to drop soon.
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Frenchie of Brick Squad Monopoly talks Waka Flocka Vs. Gucci Mane beef, 50 Cent mentioning his dad in a song, speaks on starting out with Lloyd Banks and spits a freestyle on Shade 45 with DJ Superstar Jay and Gray Rizzy.
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Snoop Dogg a.k.a Nemo Hoes welcomed legendary talk show host Larry King to GGN News for their "Here Come The Kings" interview.
The two talked about Frank Sinatra, comedian Jack Benny, the Bay Area, Johnny Carson, Larry's deal with Hulu for "Larry King Now" and Snoop teaches Larry how to rap.
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GGN Larry King & Snoop Dogg AKA Lion - Here Come The Kings Pt. 1 (Snoop teaches Larry how to rap)
GGN Larry King & Snoop Dogg AKA Lion - Here Come The Kings Pt. 1
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Just a couple days after releasing his very dope Datz WTF I'm Talkin Bout mixtape, Cory Gunz gives HotNewHipHop the green light to premiere the music video for the project's intro. Peep that below.
HNHH:
http://www.facebook.com/RealHotNewHipHop
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Brought to you by: SARO https://twitter.com/IAM_SARO
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Big Sean made an appearance on “The Hustle After Party” on Wednesday, July 17. The G.O.O.D. Music emcee performed "Switch Up," before being joined onstage by Jhené Aiko for his new single "Beware."
Sean's Hall of Fame album drops on August 27.
Props to MWP
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Star talks about Polow Da Don getting at Diddy over his words to Trayvon Martin's family, almost getting physical over a grape kool-aid, Jay-Z and Timbaland patching things up, the upcoming battle rap event The Big Payback, Bobby Brown being angry at his daughter Bobbi Kristina because of her upcoming marriage and more.
Radio legend Troi Torain (STAR) always delivers hard-hitting objective truth. As a culture critic he is vicious, as a businessman he is relentless, as a luminary he is un-matched.
Considered radio pioneers by many, the Star & Buc Wild show has set precedents on the urban landscape and was recently inducted into News One's "Top 20 Black Radio Jockeys Of All Time."
Star & Buc Wild made the national stage on MTV (1999) but it was their radio show on New York's Hot 97 (2000 - 2003) that secured their place in Hip-Hop history.
Star & Buc Wild's resume includes The Source magazine, MTV Networks, Hot 97, Power 104.1, Power 105.1, Pulse 87, Hip-Hop Weekly magazine, Vladtv, Thisis50, 100.3 The Beat and shot97.com and VH1 (Reality Television).
This clip is from STAR's LIVE show (12noon -- 2pm) on http://shot97.com.
Media relations — thehater1964@yahoo.com
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Webbie has been kind of quiet recently. He's back on the scene and stopped by The Breakfast Club to chop it up with the crew.
Fans will be happy to know that Webbie hasn't changed at all. He talks about reality shows, problems with BET and Rocsi, the Trayvon Martin case, upcoming album, Lil Boosie, UGK giving him his first big break, Lil Phat's death and much more.
Interview With Webbie At The Breakfast Club Power 105.1 [Part 1]
Interview With Webbie At The Breakfast Club Power 105.1 [Part 2]
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Hopsin is back with the 6th installment of the "Ill Mind of Hopsin." The West Coast emcee raps about the dangers of using crystal meth in this one. Be on the lookout for his next project, Knock Madness, dropping on November 26.
Thisis50 & Young Jack Thriller recently spoke with Dwele for an exclusive interview!
Dwele talks about getting his start, who he is as a person, meeting Slum Village andKanye West, best advice he ever received, the industry not being about the music anymore & much more!
Follow @therealdwele @jackthriller @Thisis50
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Derek Vincent Smith a.k.a Pretty Lights was the musical guest on the Conan O'Brien show yesterday. He brought along Talib Kweli to perform their collaboration "Around the Block." The song is off of Pretty Lights' album, A Color Map of the Sun.
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}