Printer-friendly copy Email this topic to a friend
Lobby Okay Activist Archives topic #14879

Subject: "A few comments" This topic is locked.
Previous topic | Next topic
M2
Charter member
10072 posts
Wed May-02-01 06:56 AM

Click to send email to this author Click to send private message to this authorClick to view this author's profileClick to add this author to your buddy list
24. "A few comments"
In response to In response to 20


          


>2)endless circulation of money WITHIN the
>community. banks and other finacial
>institutions would have their profits
>going towards the community instead
>of away. RESULT: beginnings of
>self-sustained system

No economic system can be self-sustained, in fact nothing can be self sustained...it goes against the laws of Thermodynamics

However, there is nothing wrong with essense of this idea. But we need to remember to add one wrinkle (a pet peeve of mine - because no one from Tavis Smiley to Black Enterprise EVER says this) It is not enough to build Black Businesses, that cater to Blacks and have Black customers and are only in Black communities. In fact, it's far from enough. The problem in the Black community is that there isn't enough wealth in the first place, SO we have to CREATE wealth and by going to other sources to bring it into our communities.

What does this mean? Two things 1. Investing, playing the markets. Grabbing a piece of the Wealth pie largely held by Whites and bringing it into our communities. 2. Building strong businesses that compete for everyone's dollar, again bringing in wealth/cash from the larger mostly white community and bringing it home.

Look at the Jews, they sell products/goods/services to everyone and then they bring the money into their own communities and increase the total pool of money, then they start passing it around, while others continue to bring in new money.

Another way to look at it, is to think of a community with 10 million dollars which gets passed around. Wealth will be created when say 500k of 600k on deposit with a bank, gets lend out to someone (that's one way weath is created, because the depositor still has that money, as does the seller/vendor who received the money from the borrower) BUT, it's slower and we're still trying to build with the same money. HOWEVER, if we bring in 5,000/year from outside sources...we'll build wealth MUCH faster and you won't get a case where you hit a limit of what you can do with those limited funds...as the money gets spread too thin.




>
>3)economic and political influence within the
>larger arena of this nation
>and abroad. interests of the
>community and voices that would
>otherwise be go unheard would
>be recognized.

See above......gotta bring in money from all sources.



Peace,





M2

The Blog: http://www.analyticalwealth.com/

An assassin’s life is never easy. Still, it beats being an assassin’s target.

Enjoy your money, but live below your means, lest you become a 70-yr old Wal-Mart Greeter.

  

Printer-friendly copy


POLITICS of BLACK NATIONALISM [View all] , utamaroho, Tue May-01-01 07:25 AM
 
Subject Author Message Date ID
From the introduction...
utamaroho
May 01st 2001
1
History as a teacher...
utamaroho
May 01st 2001
2
GARVEY
utamaroho
May 01st 2001
3
Yes,
May 03rd 2001
45
      depends
utamaroho
May 03rd 2001
46
           That might be
May 04th 2001
62
PAN-AFRICANISM
utamaroho
May 01st 2001
4
RE: History as a teacher...
May 04th 2001
54
CHAPTER 1
utamaroho
May 01st 2001
5
CHAPTER 1 GOALS
utamaroho
May 01st 2001
9
reminds me of...
May 02nd 2001
15
      Where can I
May 04th 2001
63
           MLK speech book?
May 08th 2001
77
thank you
May 01st 2001
6
His philosophies and opinions...
utamaroho
May 01st 2001
7
      that's what i read
May 01st 2001
8
LIES, LIES, and more LIES
utamaroho
May 01st 2001
10
What IS the cultural imperative?-n/m
May 07th 2001
69
good post.
May 01st 2001
11
THE NEW NEGRO
utamaroho
May 01st 2001
12
RE: THE NEW NEGRO
May 01st 2001
14
while coming to work...
utamaroho
May 02nd 2001
16
RE: while coming to work...
May 02nd 2001
22
great advice...
May 02nd 2001
23
Dual Role
May 04th 2001
58
RE: THE NEW NEGRO
May 02nd 2001
17
MONEY IS POWER?
utamaroho
May 02nd 2001
18
      PERFECT EXAMPLE
utamaroho
May 02nd 2001
20
          
           Imperfect Results
May 09th 2001
78
                that won't happen
utamaroho
May 20th 2001
81
                     But that actually happened
May 20th 2001
83
RE: THE NEW NEGRO
May 03rd 2001
49
nice one...
utamaroho
May 03rd 2001
50
True n.m.
May 05th 2001
65
RE: THE NEW NEGRO
May 03rd 2001
51
      RE: THE NEW NEGRO
May 05th 2001
64
           RE: THE NEW NEGRO
May 05th 2001
66
                RE: THE NEW NEGRO
May 06th 2001
67
                     Power Myths
May 06th 2001
68
                          RE: Power Myths
May 07th 2001
70
                               RE: Power Myths
May 07th 2001
71
                                    RE: Power Myths
May 07th 2001
72
                                         I think we're going in circles
May 07th 2001
73
                                              RE: I think we're going in circles
May 07th 2001
75
                                                   Word on Gentrification
May 08th 2001
76
RE: THE NEW NEGRO
May 07th 2001
74
RE: THE NEW NEGRO
musha
May 02nd 2001
25
RE: THE NEW NEGRO
May 02nd 2001
30
      RE: THE NEW NEGRO
May 02nd 2001
31
           Right Wing Conservative
utamaroho
May 02nd 2001
32
                M2 is more conservative
May 03rd 2001
33
                RE: M2 is more conservative
May 03rd 2001
36
                     RE: M2 is more conservative
May 03rd 2001
37
                Amistad
May 20th 2001
84
Cool idea for a post man.
dittyman
May 01st 2001
13
RE: POLITICS of BLACK NATIONALISM
musha
May 02nd 2001
19
A LONG READ, BUT...
utamaroho
May 02nd 2001
21
CHAPTER 2
utamaroho
May 02nd 2001
26
BIOLOGICAL RACISM
utamaroho
May 02nd 2001
27
      YO!
utamaroho
May 02nd 2001
28
CHAPTER 3
utamaroho
May 02nd 2001
29
WHY IS THIS?!?
utamaroho
May 03rd 2001
38
      RE: WHY IS THIS?!?
May 04th 2001
57
can I get this online?
May 03rd 2001
34
RE: can I get this online?
May 03rd 2001
35
AFTERMATH OF THE WAR
utamaroho
May 03rd 2001
39
RE: nationbuilding...
May 03rd 2001
40
THANKS
utamaroho
May 03rd 2001
42
RE: fyi
May 03rd 2001
47
      i called and got no answer...
utamaroho
May 03rd 2001
48
           RE: i called and got no answer...
May 04th 2001
52
           RE: i called and got no answer...
May 04th 2001
56
           RE:...
May 04th 2001
59
           Me too!
May 04th 2001
61
           RE: new site
May 04th 2001
53
           I'll be there!
May 04th 2001
60
RE: nationbuilding...
May 03rd 2001
43
Two Thousand Seasons
May 03rd 2001
44
RE: AFTERMATH OF THE WAR
May 04th 2001
55
May 03rd 2001
41
Going to finish this, are you?
nelle30087
May 18th 2001
79
Sooner than you think...
utamaroho
May 18th 2001
80
Again, please?
May 20th 2001
82

Lobby Okay Activist Archives topic #14879 Previous topic | Next topic
Powered by DCForum+ Version 1.25
Copyright © DCScripts.com