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Subject: "A lesson in economics is in order" This topic is locked.
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M2
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10072 posts
Fri May-11-01 10:47 AM

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33. "A lesson in economics is in order"
In response to In response to 29


          


>No...it doesn't. However...if you have an
>entire faction of a community
>that is still sufferring the
>psychological trauma of slavery...and you
>don't attack the root of
>that problem...then you're building on
>a fucked up foundation. The
>Black community needs to be
>taught self-reliance. The Asian community
>knows it. The Arabic community
>knows it. Nigerians, Ethiopians...all other
>immigrants that come to America
>know it...except the African American.

Follow your own damn example then, EACH One of those groups comes here and makes a serious effort to make it ON THEIR OWN! They focus on education, they learn how to make money, they build Businesses, they go into fields that pay well.

I'm the son of West Indian Immigrants and I know how they got isht done. It wasn't because of people giving back, it's because they set a goal and reached it. Self Reliance means that you DON'T need a celebrity to help you to succeed.

I have friends and business associates from each one of those groups you mentioned, those people succeeded with the help of their families and no one else. They try to help one another, but they help those who are already in a position to help themselves. E.g. You come to interview at company I work for, I see you waiting for an interview.....take you aside and tell you what to say. When you hired, I mentor you and help guide you along the path to success.

That's how it works, that's what fellow West Indians try to do for me and that's what I see other people from those groups doing.

Self Reliance means the process starts with you, community help means that the community helps those who are already in the process of helping themselves.





>>#2. Study economics, it's not really
>>possible for any Business to
>>just do Business with one
>>type of people. Whites can
>>sort of do it, but
>>that's because they're the biggest
>>chunk of the population. It's
>>not really possible for Blacks,
>>we need to bring in
>>economic strength from outside the
>>community by selling goods &
>>services and working with White
>>Businesses.
>
>Working with white businesses is like
>returning the guns to the
>master, point blank. The Black
>community has no idea the
>consumption powers that they have.
>Fuck bringing in outside help...I'm
>tired of begging for shit
>we should have in the
>first place. Someone has to
>engender that creative spark within
>our community by rebuilding the
>foundation. Self sufficiency. You speak
>very virtously...you must not live
>within blocks of rampant crack
>and prostitution. I do.

It's not begging you dolt, I speak virtuously because I know how to Make Money and I know how to make Businesses work. IT's My damn job! Poor Black Communities have no economic strength, it does no good to build a Business in a neighboorhood that can't support it. SOOOO, to truly build wealth and to bring money into the Black Community....we need to build our Businesses outside the community as well as inside.

The ethnic groups you mentioned know that, so they'll work with anyone who can make them money......that they can bring into their families/communities.

The money has to come from somewhere, the community can be healtheir economically if we bring it from elsewhere. A Business that only sells to Blacks won't make as much money as a Business that sells to everyone.

Please come back when you have the foggiest idea of what it takes to run a successful Business.



>What makes you think that all
>that will be given is
>susbidies. I didn't say that
>you just give away your
>money. That's stupidity. You CULTIVATE
>your capital to build a
>stronger foundation. Say you build
>a supermarket in your neighborhood,
>employing people within the neighborhood...and
>using the profits to establish
>other neighborhood programs. This is
>for the betterment of where
>you live, right? THIS ALL
>STARTS WITH CAPITAL!! Who's gonna
>give you that shit....the government?
>BWAHAHAHAHAAHA....never happen.

Did you hear a word I said? Obviously not. This issue is so much larger then Supermarkets, (particularly since they have profit margins of around 3-5% and starting a Business to fund other ventures....is a bad idea in the short to medium term). Shaq starting a supermarket won't change much, particularly since Supermarkets don't change much and ONE supermarket isn't going to change the economic make up of a neighboorhood.

People have to get educated and get high paying jobs
People need to learn to invest
People need to learn to buy homes, and manage their money.

Making $12.50 at a supermarket just makes things easier, but it's not the road to economic empowerment.

TO turn around Poor Communities you either:

Get rid of the poor people
Teach the poor people to build their economic strength, so that they are no longer poor.

Thinking that an athlete building a supermarket can solve this, is simplistic and Naieve.


>But I respect Hammer. Hammer would
>not have gone bankrupt if
>other mufuckas stepped up and
>put their money where their
>mouth is. AND...Hammer is a
>very bad example. Hammer bought
>into the extravagant lifestyle as
>well...he created a spectacle that
>was just a money gobbling
>machine. True, he employed his
>boys...but what lasting social impact
>did he leave? When did
>he ever take a stance
>on anything?

So wait, how is MJ starting an all Black Supermarket any different? Yes, it could be self sustaining....but damn.....it's not teaching people to elevate themselves.

Just as the poor Black communities that DO have Black Supermarkets!

>SOMEBODY HAS GOT TO TAKE THE
>WEIGHT. That same mentality that
>you are spitting is the
>reason why shit doesn't change?
>WHY SHOULD I HAVE TO
>DO SUCH AND SUCH...I WORKED
>HARD FOR THIS SHIT...THIS IS
>MY SHIT...I DON'T OWE NOBODY
>SHIT!!! Bullshit...you owe us everything.
>You us for every stitch
>of clothing with your name
>we purchase...for ever single you
>dropped...you owe us.

HAHAHAHAHAHAHAHAHA

I don't owe you shit...if I owe anyone, I owe the people who died to get me the rights I have now. The Same rights you enjoy, what I do with those rights is my Business. I earned everything I have and you had NOTHING to do with it. In Honor of those before me, I should do something for the less fortunate as well. But it's something I should do......it's not a debt.

Unless you helped me Build what I have, unless your support made it possible.......I don't owe you got a damn thing. This is what irks me, successful Blacks who rise out of the Ghetto or ones that were Born middle class like myself......build their lives with the help of their families (and a few others) and with their own hardwork and sweat. Then folks in the "community" who didn't contribute a damn thing, want to take credit for and start talking about what they're owed.

Shit, if anyone owes anything it's you. People died so that Blacks could have the opportunity to succeed, if you're not taking those opportunities or creating them....then you're the one who owes somebody.

Everyone is born with a different lot in life, some good some bad. BUT, it's ultimately up to you to succeed on your own. Help is good....but regardless it's up to you.

The Black Community will never elevate itself if it keeps looking for a savior.

>America teaches
>its citizens that their only
>responsibility is their own accountablility.
>I know mad grassroots people
>who soldier on the level
>that they can afford trying
>to bring about a new
>way of living...imagine how much
>easier it would be if
>a highly visible public figure
>assisted. I can tell you
>it won't be JESSE JACKSON...he's
>too busy fighting bullshit causes.

I'm not the biggest Jesse Jackson fan, but he has been doing some significant things with Black Churches all over the country to help them teach their members the importance of home ownership, savings and how to build wealth.

The thing is, it starts with the individual.....we're all responsible for making our lives a success. The idea that a great saviour will come down and save the Ghetto is ludicrous and counterproductive, people need to get up and just do it. Not all will succeed, most won't.....but that's the way it's gotta be.

All the help in the world won't matter unless Blacks are already doing what they can as individuals to elevate.

>How do you teach a poor
>Black man to fend for
>himself if you don't set
>the example? Teach him how
>to dunk if you're an
>athlete? Act if you're an
>actor? Those are god-given talents...GOD-GIVEN!!!
>If you are not returning
>the fruits to God (The
>Most High is represented in
>his people)...then you're wasting that
>shit.

Poor Misguided Naieve child, most successful Blacks aren't athletes or entertainers. A lot of them could teach things like:

Budgeting
Getting their kids into school
Savings
Life Skills
Starting a Business
Investing
Tips to getting a better job
Home Ownership

Need I go on?

Knowledge is what separates the rich from the poor. For example, let's say you have a poor Black family...2 kids...Mom and Dad work...barely bring in $25k/year.

Let's say I work with them on Job Skills, I teach Mom computer skills and how to conduct herself professionally. Eventually, I coach her into a secretary's job where we now makes more then both of them used to make together.

I work with Pops...teach him job skills as well, manage to get him a Job at UPS...(a very minority friendly company) now he's making more then they used to make together.


Now that they have some money, I help them move to a nice area. It's got better schools for the kids, and it's quieter...maybe even cheaper. I teach them how to budget, live below their means and sock money away. I teach them about dollar cost averaging and how to work on buying a house.

I tell them to take full advantage of their company's 401k plans, and of the tuition reimbursement. It's rough with two kids, but we find ways to get around that..and they go back to school.

I talk to the Kids too, tell them the importance of education and how important it is now...even though they're in middle school to start preparing for college.

10 years later, let's look on them again:

They've built a 6 figure investment portfolio, they've bought a house and are considering buying up a cheap house where they used to live and rennovating it so that a family like them will have a good place to live. Pops got a degree in Organizational Mgt. and has a nice job at UPS, Moms got a degree in book keeping and works as an accountant for a local Business. Their joint income exceeds 6 figures.

Kids are about to go to school, but that's not a worry...between savings, state schools and loans.....they're aiight.

Get the picture?

What's better? What I mentioned or a rich Black person starting a Supermarket?


>
>>#5. Let's be real, if you're
>>going to invest in a
>>poor community (without gentrifying it
>>and forcing some folks out)
>>you could loss your money....it's
>>hard to get a return
>>on your investment in an
>>economically depressed area.
>
>Yes you do. You stand to
>lose everything. Every fucking thing
>you ever owned. It could
>blow up in your face...you
>could get jacked for your
>money by disreputable people...yes you
>could.
>
>But if you don't take the
>chance...what have you done? I
>mean...what have you done other
>than secure YOURSELF over the
>security of the WHOLE? That's
>America at its best, huh?
>That's what we want kids
>to grow up to think?
>Not mine, yo. Not mine.

Kids need to grow up and learn to do for self, nor should throw away their own security...because who is going to help you up then?

It's real easy for you to say that people should risk all their money when it's not yours and it's not your family who may need that loot.


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.

  

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Fuck Athletes.... [View all] , DivineVersatile, Fri May-11-01 04:22 AM
 
Subject Author Message Date ID
using that logic
May 11th 2001
1
addendum/caveat
May 11th 2001
2
true, true n/m
May 14th 2001
48
ToO mUcH lIkE rIgHt...
May 11th 2001
3
Stop judging
May 11th 2001
4
      Bullshit...
May 11th 2001
5
           And in addition...
May 11th 2001
9
           6 years ago in brooklyn
May 11th 2001
22
You really should check
May 11th 2001
6
None of ur concern
MrIdontgiveafuckalupugus
May 11th 2001
7
Yes it is my concern...
May 11th 2001
10
      RE: Yes it is my concern...
MrIdontgiveafuckalupugus
May 11th 2001
20
      That wasn't directed at you.
May 11th 2001
21
      RE: Yes it is my concern...
May 11th 2001
28
           See what you get?
May 11th 2001
31
Fine Line(s)
May 11th 2001
8
good point
May 14th 2001
51
fuck socialist rhetoric
May 11th 2001
11
but...
May 11th 2001
13
      TOUCHE Monsieur Pussycat!!
May 11th 2001
18
      RE: but...
May 11th 2001
19
      from each... to each...
May 11th 2001
23
           you're smarter than this
May 11th 2001
24
                No, you're smarter than that.
May 11th 2001
25
                     Laying it thick?
May 11th 2001
27
                     responding in kind
May 11th 2001
30
                          What's wrong with Left...
May 11th 2001
32
                               RE: What's wrong with Left...
May 11th 2001
34
                     bullshit
May 11th 2001
35
                          do you people even know
May 11th 2001
37
                               you asked for it, punk
May 11th 2001
38
                                    dumbass
May 11th 2001
39
                                         okay benji
May 11th 2001
40
                                              It's amazing
May 12th 2001
41
                                                   first of all...
May 12th 2001
42
                                                        cool, man
May 12th 2001
43
                                                             and believe me
May 12th 2001
44
damn
May 11th 2001
12
was thinking
May 11th 2001
14
Finally!!
May 11th 2001
16
9 mil out of 10 mil...
May 14th 2001
56
RE: Fuck Athletes....
tresmyman
May 11th 2001
15
I said "Fuck Atheletes"
May 11th 2001
17
      RE: I said "Fuck Atheletes"
tresmyman
May 14th 2001
49
      RE: I said "Fuck Atheletes"
necromancer1300
May 16th 2001
65
RE: Fuck Athletes....
May 11th 2001
26
Bullshit, bullshit....
May 11th 2001
29
     
           I'm not replying...
May 11th 2001
36
           One would tend to agree
May 14th 2001
50
                Agreed.
May 14th 2001
59
           mostly agree...
May 14th 2001
52
                RE: mostly agree...
May 14th 2001
58
                     felt n/m
May 15th 2001
62
Still no black bank.
May 14th 2001
45
What??
May 14th 2001
46
2 much like
May 14th 2001
47
      Yep!!!!!!
May 14th 2001
53
           Seaway came to mind.
May 14th 2001
54
United Bank
May 14th 2001
55
      RE: United Bank
May 14th 2001
57
           Damn shame
May 14th 2001
60
                RE: Damn shame
May 14th 2001
61
                     Citizen Trust
May 15th 2001
63
                          No Argument here....
May 15th 2001
64

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