Black People : 2010 Time to take money out of white owned banks

Discussion in 'Black People Open Forum' started by Ankhur, Dec 31, 2009.

  1. Ankhur

    Ankhur Well-Known Member MEMBER

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  2. Blaklioness

    Blaklioness Well-Known Member MEMBER

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  3. Ankhur

    Ankhur Well-Known Member MEMBER

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    exactly what type of system exists now that would be able to support loans for homes and small businesses the way the Black banks did for the Black community during Jim Crow, and I am aware of the evils of capitalism and the benfit of socialism, but have we organized any socialistic structure as a safe guard or safety net fo the hundreds of thousands of Black folks who have lost jobs and homes?

    If there is a socialist soluton that you are aware of then for the sake of our collective safety, in the economic Katrina ahead, and for the sake of KUUMBA creativity, please present those things and activities we should colletively support in those efforts, and in that direction.
    Like Malcom said,
    "ByAny means Necessary"
     
  4. Blaklioness

    Blaklioness Well-Known Member MEMBER

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    My point was that replacing white/nonblack bankers with black ones will work only to the extent that those black bankers are working towards empowering and not exploiting us, otherwise you'll have something much worse--black 'faces' pasted on white 'supremacist' institutions. I don't have all the answers, but that much I know. If we are really going to phase out this mess, we are going to HAVE to start exploring other economic systems that are less exploitive.
     
  5. Ankhur

    Ankhur Well-Known Member MEMBER

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    replacing white/nonblack bankers with black ones will work only to the extent that those black bankers are working towards empowering and not exploiting


    Why guess what does our history from Black Wall street, The Harlem renaissance to the so called end of discrimination laws in the 60s?

    what does the record say?

    if they have been predatory then they should be run out of business but if they have been helping Black folks who have been snubbed by white banks, so they could purchase homes and set up small busineses with Black assistance, why change it?

    What really is the case?

    because as you and I look at what has been happening to those we knew who have fallen into poverty and those to whom poverty is getting worse, some creative work must take place ato find a solution and as stated by any means necessary.

    No one has all the answers that is why brainstorming on a common problem, the economic fate of the Black community, and the fallacy of the solvency of white banks, to find a collective solution is important.

    As the question goes, how much business do we really do with our own community and our own people?

    Our food?
    Our clothing?
    Our utilities?
    Our shelter?

    How much of our dollars go outside of the community and how much stays in?
     
  6. Blaklioness

    Blaklioness Well-Known Member MEMBER

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    We'd need to examine the change of consciousness that has occurred since the days of 'old'. That's my primary concern....not the restoration of the black dollar back into the community. Maybe you can start by giving lists of FULLY Black-owned, reputable banking institutions; at least people would have some place to start.
     
  7. Ankhur

    Ankhur Well-Known Member MEMBER

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    ob Destee that would be advertizeing, but most are aware of at least a reputable Black owned bank or Credit Union in thier area or city
     
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