Man in the article says Integration led to the decline of SOME BLACK OWNED Businesses!

Posted May 03, 2008 03:12 AM I just got done reading a fairly new article on Black OWNED business. Every time my black people purchase at black businesses they are helping the black race. I call it investment. The more you invest in black business community the more you help our black race and the more you help yourself. The man writing the article discusses how he had a discussion with SC house of Representative DIST 111 REP FLoyd. Mr. Floyd is a cadet at the Citadel, a leader, an Army officer who served in IRaq,fied organizer for the state Democratic Pary, and an assistant to Rep Jim Clyburn. So this conversation this man had with Rep Floyd involved the state of Black America. Also they talked about how to bring more resources to Dist 111. THis led to a discussion on the disparities in the black community. Middleton says there are some of our Black people who belive they should not keep on with the quest for equal rights and opportunities. But we really do need to continue with that journey. Socially there is a progress, but money wise this process is slow. Another person in the discussion says that integration has caused the DOWNFALL of economic progress in the BLACK community. Before integration, Black businesses grew. This is what the guy said in the discussion. My black people can do anything, My black people built this world and we can sure as ever keep succeeding by ourselves. It does not require an outside force. All my black people coming together is a FORCE in itself. The guy in the discussion says the perfect example of how integration led to the decline of some black owned businesses is the Former dee Dex Snack Bar. Around the 1960s and 1970s, integration got fast food restaurants like Piggy Park and the Patio opened. Until then, Dee Dex Snack Bar used to be the premier fast food restaurants for black people downtown. The more our black race sticks together, the more we have. The more we stick together and help each other the less problems. Our black people should hold hands, come together, think on the world’s issues and formulate a success plan. Now that would be beautiful the biggest African American gathering. Power to the People! source: http://www.charlestoncitypaper.com/gyrobase/Content?oid=oid%3A42029

One United Bank, A Black OWNED Bank!

The Advantages of One United Bank,

the first advantage is that it’s a Black

bank. THe more BLACK OWNED banks the better.

Let the money grow in the Black community.

This bank is the first BLack owned

Internet bank. It’s the first black

owned Interstate Bank. It’s the largest

black owned bank in America. Oh yeah.

This bank, One United bank,, serves

as a 100 year old civil rights dream

of gaining spending power for our

Black community and redirecting

it to the black community. Yes,

let’s spend money in the black community

and watch it come back like a boomerang.

This bank has over $550 million assets,

Member FDIC, Equal HOusing Lender. Also,

it is the top rated economic institution

by Veribanc,aka the nation’s first bank

rating agency.

The acheivements:

IT consolidated 4 Black owned banks,

and many with histories that go way

back in time before the civil rights

movement.-Founders National Bank of

Los Angeles and Family Savings Bank

of Los Angeles, Boston Bank of Commerce,

and Peoples National Bank of Commerce

in Miami.

One United Bank increased asset size from

56 million to 550 million dollars

in less than 10 years. This bank has financed

$500 million in loans since the year 20033

with half in low to moderate income

communities.

Other facts about this excellent bank:

US Department of Treasury COmmunity

Development Financial Institution, a

2 time Black Enterprise Bank of the Year.

THis bank is a 4 time recipient of the

Community Development financial Institution’s

Bank Enterprise Award. ALso, it’s a 6 time

Federal Home Loan Bank award winning

institution.

Products and Services:

This is what the Black bank offers

us:

With this bank we can open an FDIC insured

savings account online with a great

rate anywhere in a AMERICA.

THeir membership deposit

program has great rates. The bank

offers free online banking and VISA

debit and ATM cards allowing access

to more than 5,000 surcharge free

ATMS across America. I definitely

Love the sound of all this.

The bank offers single family and multi-family

loan programs with competitive rates

that stand by and help the development

of affordable housing, small businesses

and churches in urban communities.

9 of its branches are in California,

Florida, and Massachusetts, and it

has 130 employees.

1st Link to One United Bank :

http://www.familysavingsbank.com/AboutUs/OneUnitedFacts.asp

2nd Link to ONe United Bank:

https://www.oneunited.com/

 

Black Economics, How much money did OUR BLACK people spend on necessities and leisure time in 2004?

 

African American households shorten spending in

many categories like food,clothing, and household items.

Our black people have put more money into home repair,

home entertainment, and consumer electronics. Our black

people are increasing their spending on things like home

repairs and remodeling, audio and visual electronics, and

books purchased online. Black households earned an

income of 679 billion dollars in 2004.

The products and services showing a large one year

increase were sound systems, computer online services,

sports and recreational equipment, dishwashers, washing

machines, and contributions to churches.

THe Buying Power of Black America is a report

consisted of 104 pages. It tells about the expenditures of

3,000 black households for the Department of Commerce’s

Consumer Expenditure Survey.

THe most money spent by our black people was

596 million dollars. The rest of “what the money is spent

on and how much” is a mystery UNLESS you go

view the chart on the website I got this information from:

http://www.targetmarketnews.com/BuyingPower05.htm

Life is a constant budget unless you are rich. THis chart is our starting

point that will let us know where we need to be in our spending. This

is a portion of the Black Economics. THere should be more investment

required classes, more than just math, investment classes. THese

classes should especially be at Black Colleges. That is especially

so with all these high gas prices and high rent and high travel

and prices add on top of another. Like my mother says, many

times people are just working to pay bills. Everyone needs

their leisure time ! You feel me?

Black Students get an award for Schooling a councilwoman! Detroit News!

Nine students from Courtis Elementary School received

the “Spirit of Detroit award for giving city council president

a lesson in civics and civility. Kierra Bell, a 13 year old black

teen corrected city councilwoman conyers for name calling

and screaming as she called the council president

Shrek.

Kierra Bell sttted this “THat’s what second graders

do.” This is her reply to councilwoman’s name calling. She

was talking about Conyers is an adult and she should

think before she speaks.

Conyers gave the students awards because

she admires their chutzpah. Kierra sure did have her

15 minutes in the spotlight. That’s terrific because

not everyone gets to be in media. For correcting

the councilwoman, Kierra Bell has gotten to be

on tv and radio. As a result of her speech,

people began going up to her to hug her.

THere were even men talking about her speech.

One guy told another to be careful and in good behavior

because media can come out of blue. Yes ,so true

media can pop up like a pop up or just sweep

up like a gust of wind. Well, I am glad to see

she made her grand impression and made it

strongly.

Bell is wise for her age. Then a guy named

Sam Riddle asked Bell if she thinks Conyers

has learned her lesson? She just asked could

she get another person to answer that?

ANd her closing remark is that she knows

the people like her school and the students are

smart kids so, she hopes the school will not

be on the closing list anymore.

Fortunately, it’s an article of more than

text. IT also has video clips. The video clips will

take you there and help you get more of a feel

for this article. Just like my friend says, kids

should be rewarded for great behavior.

I agree,That’s more initiative to follow that great

path. It’s great to have attention just as well.

If other kids see other kids get rewarded

for what they do, they will often times

want to do great things. It’s just like that,

sometimes adults need some feedback

even if it’s from a kid or kids. Adults learn

from kids. Kids learn from adults. It has

its reciprocal advantages. These are the quickest

clips. A dash in and dash out.

 http://www.detnews.com/apps/pbcs.dll/article?AID=/20080…805020355/1409/METRO