DMX is not having a great week. After just being arrested last week, DMX filed for bankruptcy on Monday, July 29th. According to reports from The Wall Street Journal, the man known as Earl Simmons filed documents stating that he had about $50,000 worth of assets while having debt between $1 and $10 million. DMX justified filing for Chapter 11 by saying it would enable him to reorganize his financial affairs. A lot of the debt DMX is in comes from back child support. he owes a little over a million dollars in child support. Another major part of the debt comes from X leasing cars. He owes $20,000 in car payments, which is crazy for someone who hasn’t had a legit license in a long time.
This is what DMX’s publicist had to say about the ordeal:
“DMX’s financial strains have been inhibiting his career for several years. Poor financial management by prior representation have caused him to be ineligible to retain a passport. The purpose of this bankruptcy filing is for reorganization so he can perform for his fans oversees. We are currently planning a tour in Europe and Africa for the fall of 2013.”
Our hearts go out to DMX here at Supreme Fabulosity. This is a man who has sold 30 million records worldwide. His debut album alone sold 5 million copies worldwide. We pray that the man who had 5 consecutive #1 albums gets his life back on track. We have always loved DMX has a lyricist. DMX latest album Undisputed debuted at #19 on the Billboard 200 with 17,000 copies sold, as far as Jan. 2013, the album has sold 44,000 copies. We wish you the best of luck DMX!
Powerhouse network CNN wrote an article suggesting that citizens of America think that the Caucasian race is racially oppressed. The actually number is 44% of Americans believe that racism that happens to White people is just as equal to racism happening towards Black people. According to an article written by Lauren Minogue, CNN states that ‘a growing number of white Americans are acting like a racially oppressed majority. They are adopting the language and protest tactics of an embattled minority group’. The article stated that the U.S. Census Bureau prediction that by 2050, White America will be a minority group, this has lead White people to fear their racial survival. They fear that being white in America now means not being in control of society. SUPREME POV: This is one of the funniest things I have ever read in my life. White America should have realized a long time ago that they were not going to be the majority forever. The same way the ancestors of White people came into America and strip people from their own land and power, it was bound to happen to them. At least, chains. whips, and diseases are not involved with their demise from the majority. White America in my opinion, will always have some power influence in the world, because they still represent some of the most wealthiest countries of today. However, when it comes to America, they need to just realize that they have had a great run, but the inevitable is going to happen….OBAMA!!!
New rap artist Tragik “Bugsy” Miller, 20 has emerged with his version of Soulja’s Boy’s “Pretty Boy Swag.” His version is titled “City Boy/City Girl Swag (The Street Mix)”. Even though there are countless of remixes out there to this song, this one struck us here at Supreme Fabulosity. Bugsy is CEO of M.BAM entertainment. M.BAM stands for Money By Any Meanz. He is currently readying the release of a mixtape coming this fall with his M.Bam roster. He will be interviewing with Supreme Fabulosity in a few weeks. In the meantime, check out the rendition of “City Boy/City Girl Swag” and let us know what you think:
MTV is looking for their first Twitter Jockey, and if you are a fan of the website you can nominate me at TJ.MTV.COM When you get to the site, they will give you instructions on how to nominate an individual. You nominate people by their Twitter name. My Twitter name is @KJUELZNYCMIAMI. I promise you that I will be the voice that MTV needs for everyone….SO GO NOMINATE NOW!!!!