I agree with you on one level, but disagree on another. I am extremely interested in "banking black" and I have looked into several black banks, but I have found that in many instances, they have more fees / higher fees than the non-black banks. I agree with you on that. Ordinarily, that wouldn't deter me, but this recession has forced me to save every red cent humanly possible. I just can't afford to be nickle & dime'd to death right now. But I still plan on finding a way to make it happen.
I disagree, however, that doing business with our own is "stupid". Every other race and community does business with each other and their communities are stronger and more financially stable because of it, but for some reason, which I cannot understand, when our community attempts to do the same it's somehow perceived as racist or exclusionary. Why is that? You never hear of other communities hesitating to do business with each other for fear of excluding us do you?
What's "stupid" is the fact that in the average black neighborhood, the nail salons, beauty supply stores, and wing joints are owned by Asians, the gas stations are owned by Arabs, the convenience stores are owned by Indians, the real estate is owned by the white banks, and the blacks own......nothing. What's "stupid" is the fact that it's 2010 and we're just now beginning to wake up and realize the power of building OUR OWN financial communities.
If you want more black business then get the road block out of their way. Reduce regulation and taxes on businesses. We have never been a country of the collective but of the individual. Race is only 0.05% of the genetic makeup in our dna. It is a free country you can spend your money where you want. I was just saying I have a colorblind approach when looking to put my money in.