The Non-Profit Hip-Hop Summit Action Network along with Heineken are the latest to put together an inaugural ball in celebration of the inauguration of President Elect Barack Obama. Host for the event include Russell Simmons, LL Cool J and Young Jeezy who is sure to perform his latest joint "My President Is Black". You can google Hip Hop Inaugural for ticket information the ball is a fundraiser for the HSAN.

Other celebs confirmed to attend include Ginuwine who is on the comeback trail along with Mario, Terrence J, DJ D-Nice and many more.

I am probably not going to make it to this ball but if any of you do feel free to drop me an email.

Pall Wall set to drop a new disk come 2009, check out his first single "Bizzy Body" featuring Webbie.

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Another big blow to the American economy was dealt today when one of the biggest publishing companies in the US filed for bankruptcy protection with over 13 billion dollars in debt. The Tribune Company owns companies like The Los Angeles Times, Chicago Tribune, Careerbuilder.com, Cars.com, apartments.com, KTLA, WPIX and WGN.

This is a total must have for any Hip Hop fan, personally I checked out the tour and it didn't disappoint so I am sure the DVD wont either. Look out for January 20th 09.

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Here is a flick of Ludacris in the rotten apple promoting his latest offering 'Theater Of The Mind' which hit stores this past Monday. Ludacris performed for his album release party at the Highline Ballroom in NYC.

New track off Commons latest CD: Universal Mind Control, this joint is called Punch Drunk Love - Common Feat. Kanye West Produced By Pharrell, make sure you cop the album its going to be crazy.

President Bush issued 14 presidential pardons today among those was a pardon for Rapper and Producer John Forte' who was caught with two briefcases filled with $1.4 million worth of liquid cocaine.

Forte, 33, a first-time offender, was convicted of possessing the 31 pounds of cocaine with intent to distribute and was sentenced to a minimum of 14 years at Fort Dix, N.J. (Forte's Web site)

With the commutation, Forte will be released Dec. 22, after serving just over seven years. He still faces five years of supervised probation.

This pardon comes as a shocker to me and many others in the Hip Hop community, I hope Forte' makes the best of his fredom and uses his life as a testamant to doing right.

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50 Cent gets timely XXL cover, recently we told you that 50 has pushed back his album till 2009 now he lands the December-January cover of XXL Mag.