Black economics
Through out the course of history, Black people have been the foundation
of all civilization and the source of economics for the rest of the conquering
world. The bible say's that Lucifer walked on stones of fire meaning precious
gems. It names them starting with: Eze 28:13 Thou hast been in Eden the
garden of God; every precious stone was thy covering, the sardius, topaz,
and the diamond, the beryl, the onyx, and the jasper, the sapphire, the emerald,
and the carbuncle, and gold: the workmanship of thy tabrets and of thy pipes
was prepared in thee in the day that thou wast created. Africa has been rich
in gold and precious gems since the beginning of time. Knowing this Europeans
have conquered, robbed and killed Africans for these assets and financed their
existence for many years. First the Greeks and the Hyksos, pillaged Egypt.
Then the Cecil B. Rhodes invaded the country we know as Rhodesia killing
and enslaving the people then forcing them to mine gold and diamonds for the
DeBeers diamond mining company which helped to fund the take over of
Palestine for the Kazars or European converted Jews or proselytes. During
the conquest of this country, her murdered 100,000,000 black people. There
is no mention of this in any history books in any public, parochial schools or
universities. The people changed the name of Rhodesia back to the original
African name Zimbabwe in recent years. The bible says that King Solomon
was the riches man that ever lived. 1Ki 10:23 So king Solomon exceeded all
the kings of the earth for riches and for wisdom. African Americans in: 1800
African Americans had accumulated $250,000. worth of assets and owned
two insurance companies. The amazing thing here is that this took place also
during slavery. In 1840, Cincinnati’s total wealth of African Americans living
in the city was $109,000 and these figures have not been adjusted for inflation.
An African American by the name of Tommy Lafon from New Orleans, had
accumulated a personal wealth of $413,000. Steven Smith had accumulated
$500,000. In 1865, the federal government via the Freedom Bureau created
the Freedom bank. Seventy thousand African Americans became depositors
in this bank that lasted approximately nine years. Frederick Douglas was
appointed chairman of the board. It has been reported that during this same
year, the African American community had accumulated $50,000,000 that’s
fifty million dollars in assets. Compare this accumulation of wealth (add inflation
to that) to moneys that we’re making today. There is no comparison that our
ancestor understood economic development back then much better than we
do toady. It needs to be addressed that in 1910 We owned 20 million acres
of land or 31,000 Square miles. 1,864,080 In Virginia alone valued at $34,847,370
without adjusting for inflation. In 1970 that figure dropped to six million and
we presently own less than four million acres. We are currently losing 500,000
acres of land per year. This has been partially because African Americans left
the rural communities in search of Jobs in the cities. Without the African
Americans in this country, it would not be the so called great and powerful
nation it claims to be today. American economics have built the foundation for
the development of white economics and the distribution of power in America.
As a result of the free labor we provided during slavery and the un kept promises
of restitution, to the tune of 4.1 trillion dollars that was never paid to African
Americans for the crimes of kidnapping and slavery. White America gained the
economic strangle hold it has had on the rest of the world ever since that time.
The figure of $4.1 Trillion dollars was arrived at by the international Tribunal on
reparations according to the number of Africans that were slaves in America and
the hours they were worked under the harsh and cruel conditions of slavery
without any remunerations between 1619 and 1865. Even the promise of a mule,
the 40 acres and the $50.00 was not delivered..
This created a tidy nest egg for whites who were given these things at the expense
of African Americans. It was also a great advantage to the foundation of the white
economy. It contributed greatly to the system of white economic empowerment
European Americans enjoy today. Never think it was because of hard work on
their part . Where would whites be if their grandparents had not received the Land
redemption Act in 1841, from which families received 160 acres of land for a mere
$1.25 per acre? Where would they be with out the Homestead Act of 1862, which
gave them 162 acres of land at no charge. Coincidentally, this all took place right
before slavery ended. Almost two million white families took advantage of this
generous offer. Being employed in America will not give Africans Americans the
necessary freedom to truly control their destiny because working for someone else
will always empower them with profits and control to dictate your future until you
become the employer. These days over 50% of college educated African Americans
are employed by the government, while under 2% of all African Americans obtain
their incomes because they own a business. 35% work for private enterprise or
corporate America. Less than 5% of those businesses are owned by African Americans.
Entrepreneurial based communities offer an economic base to their residents as well as
employment and a source finances to reinvest in those communities. I accept the fact
that the majority of our people are not going to start their own businesses but it is a
large part of the solution to the problem of black economics and African American
Self reliance It is obvious that the system of economics that America is based on.
Is a shaky foundation to say the least. The gold standard that backs the currency in
America is at a tremendous shortage and as a result the national debt is just that a
system of credit with interest that will never be paid off. So even the money we earn
isn’t really worth a fraction of what it written on it. Thus inflation eats up any thing you
earn from working for someone else. They decide what you’re worth and pay you
according to what’s left over after operating expenses and what they decide are the
profits. Again you are still last to get hired and first to be fired.
AMERICA WAS FOUNDED ON A SYSTEM OF COLONIALISM
Which is the basis for the economic, social and political oppression of African Americans.
In this country from it’s beginning. Colonialism was founded on the labor of slaves and low
income workers which produce high profits for business. Slavery never ceased it was just
given a new name and the responsibility of maintaining living conditions and expenses of the
slave became the slaves and sharecropper’s responsibility rather than the slave masters. It
changed to share cropping where the slave purchased his needs from his ex-slave master
who profited even greater under these circumstances. And if the slave took anything he
needed without paying his ex-slave master for it. He was put back into a condition of slavery.
Only this time it was called a chain gang or labor camp. Let’s examine this further.
Characteristics of Colonialism:
1. Low per capita income
2. High birth rate
3. High infant mortality rate
4. Small /weak middle class
5. Low rate of capital and domestic savings
6. An economy dependent on external markets.
7. Major export is labor
8. Tremendous demand for products
9. Most of the land and businesses are owned by foreigners
10. Indigenous entrepreneurship is limited.
These are many of the characteristics of the African American communities which by the way
accounts for over 40% of all spending in America. Market research companies have found that
Blacks spend more money and account for more of the buying of American products, goods
and services than any other race of people in America. We earn less, and spend more and it
doesn’t even benefit us in the areas of employment or economic resources. Our children have
actually killed one another over, products that are manufacture in countries abroad, using foreign
parts and labor. Companies that wouldn’t employ us if they could. Why we actually finance our
own economic deprivation as well as social and political oppression. Living and dying to
purchase Tennis shoes manufactured by the Klu .Klux .Klan or made in Korea. By companies
who openly profess white supremacy and black oppression. This is about as intelligent as buying
ammunition for drive by shooting, Police killings and government assassinations of our people.
Sacrificing some of the ornate purchases of clothing and jewelry we buy to adorn ourselves will
give our nation a very large pool of resources to create businesses and jobs that will benefit us
as a people.
Th 4:11 And that ye study to be quiet, and to do your own business, and to work with your
own hands, as we commanded you;
Ec 10:19 A feast is made for laughter, and wine maketh merry: but money answereth all things.
6 And the LORD said, Behold, the people is one, and they have all one language; and this they
begin to do: and now nothing will be restrained from them, which they have imagined to do.
1 ¶ And when the day of Pentecost was fully come, they were all with one accord in one place.
2 And suddenly there came a sound from heaven as of a rushing mighty wind, and it filled all the
house where they were sitting. President John Fitzgerald Kennedy said it best: United we stand,
divided we fall.
Mt 12:25 And Jesus knew their thoughts, and said unto them, Every kingdom divided against
itself is brought to desolation; and every city or house divided against itself shall not stand:
Willie Lynch a west Indies slave owner instructed plantation slave owners in Virginia to divide
the slaves as well as the white servant to develop mist trust and disunion as well as allegiance
to plantation owners. In his words he says "You must pitch the OLD black male vs. the
YOUNG black male, and the YOUNG black male against the OLD black male. You must use
the DARK skin slaves vs. the LIGHT skin slaves, and the LIGHT skin slaves vs. the DARK
skin slaves. You must use the FEMALE vs. the MALE, and the MALE vs. the FEMALE.
You must also have white servants and overseers who] distrust all Blacks. But it is
NECESSARY THAT YOUR SLAVES TRUST AND DEPEND ON ONLY YOU. THEY
MUST LOVE, RESPECT AND TRUST ONLY US. IF USED INTENSELY FOR ONE
YEAR, THE SLAVES THEMSELVES WILL REMAIN PERPETUALLY DISTRUSTFUL.