Economic Corner 19 - 02/23/2025
Event created by richardmurray
This event began 02/23/2025 and repeats every year forever
Economic Corner - the boundaries of spending side the demands of inheritance
The NAACP a white financed organization historically makes two points:
Black Dollars power in the united states of America
The Diversity Equity Inclusion goals.
To Black Dollars...
Is spending a nonviolent form of power in fiscal capitalism? yes
Can Black people in the U.S.A. spend in such a way to avoid financing whites? no.
I have already mentioned the black farmer [ https://aalbc.com/tc/topic/11483-economiccorner014/ ] in the united states of America.
Black Farms in the united states of America do not have the means to feed the black populace in the u.s.a. So, Black people in the usa can not feed themselves absent mandatory involvement with white farms which means the most important thing all humans do, eat, is something black people in the usa can not do absent supporting white business.
I live in New York City, the city with the most black people in it in the united states of America.
Black people in NYC can not grow enough food for ourselves, no one can. Urban life has its advantages but it also has its weaknesses. Urban populaces have to buy some things. You don't have land to grow vegetables. You don't have land to raise sheep. You don't have land to get natural resources from the earth.
I am not saying spending is impotent, it is not. But spending has limits as a tool. It is a myth to suggest this.
And I will use the internet.
The NAACP says one of the firms need to be banned from black buying dollars is Meta. That is a laughable call. Black people in the usa, who don't go to black owned websites because they don't have the widest userbases, will flock to them now and leave Facebook+ Instagram+ WhatsApp... I can't tell you how many black people have said, you not on facebook, you not on Instagram.. how many black people especially from the Caribbean or Africa or asia, all black, ask, you on WhatsApp. All three: facebook/Instagram/WhatsApp are so connected to black individuals in the usa, you can forget it being banned by all or most blacks in the usa.
And spending time on a website is your spending dollars online. The websites you spend time on profit because of the time you spend on them, your time is the spending dollars online. And the online environment is the one environment where black owned business/websites I think have the means to support the black populace albeit online populace. I wonder what @troy thinks to the following: if all the black people online went and operated on black owned websites, do enough black owned websites exist or have the collective memory/bandwidth/speed to support the entire black populace online?
To Diversity, Equity, Inclusion(D.E.I. or DEI )...
I will begin the same way I began to an offline friend...
D.E.I. is needed, is warranted. But ... two problems exist. One is about the heritage of inherited fiscal capitalism in the united states of America, the other is about the heritage made of the legal relationship to failed business in the usa.
To the heritage of inherited fiscal capitalism,
White people in the usa came from Europe in the same way all willing immigrants[not First People or Black Descended of Enslaved] came after, with a goal for financial betterment for themselves and to leave to their children as much as they can. This desire leads to nepotism.
Firms changing the lowest wage jobs demographic is doable, but firms changing the tribes or clans in the ranks of owner or administrator goes against the heritage of fiscal capitalism all willing immigrants have. The same latin americans who complain about DEI will hand their business over to their son miguel even if miguel is a fool. I myself have never thought , if I own a billion dollar firm, to hand it to anyone but loving ones on my death. And trust funds is a form of slavery, which i don't support. The lawyers in a trust fund will never publicly say they own anything, but they can deny your descendants in the role of protector you gave them. And why are trust funds really made.. failure. To protect firms from failure.
To heritage of governments relationship to failed business in the usa,
When I think on it now, from the nineteen hundreds to today, the federal government of the united states of america , has given welfare checks of immeasurable value to completely failed industries in the usa: the banking industry multiple times, the automotive industry, the airline industry multiple times, the internet industry multiple times, the farming industry multiple times, the mineral resource industries[ oil/coal] multiple times.
Not just subsidies, the most common, or the rarest, to big to fails, welfare includes the tariffs to protect them, the readmittance to citizenship of the white enslavers in the confederacy, the ... when I think on it, the federal government has repeatedly saved the owners plus high ranking administrators of firms through all industries from their own failures, multiple times. Who are said owners? the whites the DEI initiatives are supposed to make in lesser quantity. But the heritage is not ownership by merit, it is ownership by phenotype. What is my point?
A law making no business to big to fail needs to happen.
In all earnest when I look at the financial history of the United States of America, the reason why the owners plus top ranking managers are mostly white in the usa's industries isn't merit, it is protection by the federal government.
When the next push by black people into an industry occurs will it be like:
the black farmers, who whose white counterparts were given 100% better subsidies or opportunities
the black music labels, whose white counterparts were denied no markets while they were blockaded or relegated constantly
the black small business, who unlike their white counterparts have a history of 100% rejection by banks or other fiscal operators including the governments tiers for loans in most geographic regions in the usa
My point is not that DEI isn't needed or warranted. Programs to push non white male christian hetero persons into the ownership or top management positions of firms in all industries is needed cause merit doesn't get non white male christian hetero persons into said positions. Programs to push non white male christian hetero persons into the ownership or top management positions of firms in all industries is warranted because examples of non white male christian hetero persons merting in said positions is on the historical record.
My point is that DEI's biggest aid will be allowing white male christian hetero persons in ownership or top management positions of firms in all industries to fail, to stop getting welfare, stop getting subsidies, stop getting loans, stop getting protections.
Failure isn't evil, failure isn't bad, failure is as human as success. But failure does something success rarely does. Failure opens up doors of change far wider.
URL
https://naacp.org/campaigns/black-consumer-advisory
https://naacp.org/sites/default/files/documents/Black%20Consumer%20Advisory%202025.pdf
Specifics from the URL
...
The Power of Black Dollars
Many corporations continue to profit from Black dollars while simultaneously undermining commitments of diversity, equity, and inclusion. These rollbacks not only harm Black communities, professionals, and entrepreneurs but also erode the progress made toward creating equitable economic and social systems.
$1.7 Trillion
Black consumers possess immense economic power, with a purchasing power exceeding $1.7 trillion annually.
...
The Cost of Abandoning DEI
Walking away from diversity, equity, and inclusion programs threatens economic opportunities, workplace diversity, and community investments, directly impacting Black communities nationwide by:
Eliminating roles in diversity, equity, and inclusion
Reducing supplier diversity
Declining community investments
Shifting away from equitable hiring practices
These rollbacks reinforce historical barriers to progress under the guise of protecting "meritocracy," a concept often used to justify exclusion.
IN AMENDMENT
Preach Brother Martin, preach [ The Kerner Commission : https://aalbc.com/tc/topic/11488-economiccorner015/ ]
https://www.tumblr.com/arinzechukwuture/775786027242635264/rev-dr-martin-luther-king-jr-speaks?source=share
MLK on Fiscal Accountability
https://aalbc.com/tc/profile/6477-richardmurray/?status=2532&type=status
Prior Edition: https://aalbc.com/tc/topic/11502-economiccorner018/
Boundaries of Spending power side demands of inheritance
POST URL
https://aalbc.com/tc/topic/11503-economiccorner019/
PRIOR EDITION
https://aalbc.com/tc/events/event/201-economic-corner-18-02232025/
NEXT EDITION
https://aalbc.com/tc/events/event/206-economic-corner-20-02262025/
02242026
Citation
https://aalbc.com/tc/topic/12496-is-dei-still-needed/#findComment-80318
osted just now
@ProfD
On 2/23/2026 at 9:19 PM, ProfD said:
IMO, DEI was never a threat to those who have benefitted the most from privilege, advantages & allowances...white men.
White men have a monopoly on power & money that will only be overthrown by external forces &/or their own implosion.
DEI like anything else was used as an illusion of providing access to opportunities.
Right, even in DEI's height, most opportunities/advantages still went to white men. So, I ask the following after a preface.
MY PREFACE
most white men today are complaining that they don't have the 99% level of opportunities/advantages that they had till the 1960s hit. Their argument is that non whites/non males/ non christians or other groups opportunities /advantages are uneven. But that means their not merely arguing about having the majority, whether they admit it or not , they are arguing about not having it all. And DEI to be blunt, does diminish their percentage of advantage or opportunity, it doesn't delete them having the majority, but their problem isn't in having the majority their problem is in others having anything at all.
MY QUESTION
Doesn't DEI lessen the opportunities to white male hetero christians, even if it doesn't or can't lead to a diminishing of said white male opportunity/advantages into a minority place?
IN AMENDMENT
You mention DEI being an illusion. I can't concur to that because I saw black people or non white male christian ~ who benefited from it. Was DEI through fiscal management or fiscal strategies? no. If by illusion you mean it wasn't something that was determined through the fiscal marketplace, I concur 100% to you. DEI was engined through media/social pressure/a set of elected officials trying to sate a voting base. DEI wasn't through the market place, so the moment, elected officials changes or social pressure lessened or the media made poisonous, DEI was in trouble of being maintained, and all three of said things happened. But it doesn't mean it is illusory. It isn't through the marketplace. But I must say what should be common knowledge, the problem in the usa with those who are not white male christians ~ is that all of their populaces have a heritage of financial absence based on the militaristic power of said white male chrsitians~ . To restate, I once spoke to a group of women, all business owners, having a conference on womens business. I was invited by a female friend, who yes owns a business, and I was offered the chance to speak. So I told the women the truth as a man. Male wealth doesn't come from education or hard work or any of the things they mentioned they needed to do.. It comes from cheating, it comes from abusing, it comes from legal crimes, enslaving people legally. So women trying to improve the financial condition of women will need that same reality. And I mentioned rockefeller center. The elder rockefeller wasn't a genius, didn't have some grand schooling. Didn't have a rich uncle to help him. But the elder rockefeller knew how to cheat, was in an environment where he could cheat, white male law enforcement has always allowed white males various criminal fiscal activity legal or not. Women don't have that. But if women are willing to cheat or scheme they will find the same financial levels as men. But if women think they can follow the law and have some complex financial plan. I told them , I know of many black business owners, all very nice people, none of the them broke the law, all of them have struggled and worked hard every day and none of them ever got to the great halls of money.
The point in that retelling is, black fiscal wealth, female fiscal wealth, muslim fiscal wealth, indigenous fiscal wealth, any group in the usa not white male christian heterosexual ~ in the usa is temporally behind said white male ~ wealth, none of them can recover lost time through the rules or what schemes somebody suggested will work. Now some will always mention the white jew. But as I have said in this very forum, I was unwilling to search for the post for I am pressed for time, the white jewish populace is very small. And financially you can't relate the jewish populace in the usa which is maximum seven million people with white german american/circa forty million, black americans[dos +modern immigrant]/fifty two million, female americans/one hundred and sixty seven million. The global jewish population is fifteen million people:) Why do so many people speak of the jewish population as an example of anything? unless they plan on killing most of their people to be so small in populace? And no, the white jewish model can't work for larger populaces. The poor white trash who are mostly german americans are in a populace that has a six hundred percent larger need of resources. The black american populace so many including other blacks call lazy or in need of better thinking or some negative has a seven hundred percent larger need of resources. And I don't have to explain how much black wealth has been undermined by whites in the usa i hope. People talk about Tulsa but how much generational wealth has literally been destroyed by white terror in the usa. Is their a financial way to calculate that lose? i don't really know. By the following website.
https://dqydj.com/income-by-race/
a third of a million black people make sixty thousand or more in the usa today. So that isn't bad. Remember, we are still an abused peoples by whites, even today. yes, their are more opportunities today but when you consider, all the black towns in the former confederate are in financially restrictive places, and said black people in towns have no where to go. Their are issues financially, that must be considered with black people in the usa, that whites, even if jewish don't have in 2026.
Based on whitey as well
https://www.pewresearch.org/religion/2021/05/11/economics-and-well-being-among-u-s-jews/
circa twenty six percent of white jews, who are simply white people of the jewish faith, have fifty to one hundred thousand, dollars Twenty five percent of seven million is, one million, and seven hundred and fifty thousand and this is from a white jewish populace that has never been denied business ownership, not merely in the usa but in the european countries that made the usa, has always been in the halls of money through banking, which offers them alot of connections that white abused minorities like the romani of europe/the gypsies never had. So I argue, in fifty years with hard work and accepting white abuse with a smile, the black wealthy in the usa will be as large in populace as the white jew in total, but that doesn't mean that the entire black populace in the usa can be wealthy absent access to slavery/genocide/or similar negative acts as tools of financial betterment.
02252026
Citation
https://aalbc.com/tc/topic/12496-is-dei-still-needed/#findComment-80334
@ProfD
5 hours ago, ProfD said:
DEI prevents white men from having it all but it doesn't put a dent in their privilege, advantages & allowances.
dei prevents having it all, but it doesn't prevent them in having it all? do you realize your sentence here?
5 hours ago, ProfD said:
Fifteen million Jews is 2X the population of NYC.
no nyc has ten million people in it.
5 hours ago, ProfD said:
Beyond money, Jews have a level of protection that isn't extended to other groups of people.
this is not true, white jews are white, that is the protection. that is the problem with how people view them, white jews are white , yes white jews are a group in the white populace, but they are white and that is the protection
5 hours ago, ProfD said:
That's part of the reason Jews are mentioned. They have benefited exponentially since their holocaust.
they were heavy benefitters before then, the terror by german christians onto german jews was bloody but white jews in europe since constantine , emperor of rome in nova roma, had financial growth of a high level per their small populace. In moorish spain they had it. I argue they had more globally in pre nazi europe than after nazi europe, before nazi europe the white jew owned many things in europe and outside of it. The key variance today is israel . White jews financial reality is bloated. The numbers on the site I presented to you show the truth, the key to white jews isn't huge amounts of wealth but that a small populace again, fifteen million white jews compared to fifty two million black people in the usa is a huge difference. White jews owned black people. WHite jews killed native americans and stole their land. The most fiscally proftiable gang in prohibition was the white jewish purple gang. so... again, the people mentioning them aren't stating the parameters of their success. The people mentioning white jews are looking at white jews revenue but not the condition of their populace.
mainland CHina has four to five million millionaires. Globally i think it is like twelve million. So the number of chinese , white asian, millionaires is bgger than the entire populace of white jews.
https://www.statista.com/statistics/702759/china-number-of-millionaires/
BUT, the chinese populace isn't just millionaires, it is near two billion people, most of whom are dirt poor. Now, you and others idolizing the financial aspects of the white jewish populace , what do you suggest to diminish the quantity of fiscally poor chinese? should the chinese millionaires + billionaires kills the rest of the chinese?
The chinese have more millionaires than the entire damn white jewish populace. So, now what? Again, large populaces can not be fiscally related to the white jew and anyone who tries it can't back up their stance by anything but stupidity.
A community of ten people compared to a community of a thousand is not the same. The real reason people mention the white ew is cause many people are stupid and don't know to assess their own populace evenly to others.
02252026
Citation
https://aalbc.com/tc/topic/12496-is-dei-still-needed/#findComment-80338
sted just now
@ProfD
Usa gives billions of dollars to egypt to, israel isn't alone in the money giving, many countries get usa money. andby 2026 this has been going on for decades.
02272026
Citation
https://aalbc.com/tc/topic/12496-is-dei-still-needed/#findComment-80417
sted just now
@Pioneer1
18 hours ago, Pioneer1 said:
Is it still needed?
I don't know what good it did in the FIRST place.
Who are all of these Black folks who are being hooked up and given good paying jobs through Affirmative Action and DEI?
Where they at?
I wanna talk to them....lol.
Infact, I hadn't even HEARD of "DEI" until a few years ago on the news when White Conservatives were railing against it.
Same with Critical Race Theory.
I guess whether you benefit from it or know about it or not depends on the circles you run in, lol.
Affirmative Action....DEI...that's just shit you see and hear on television, but I don't see them even being USED let alone effective in real life.
Working in the 80s, 90s, and beyond....the Black people I worked around were getting hired and fired like other races.
Infact, Black folks were getting fired more than Whites were.
Where was this "affirmative action"???
I had to apply to certain jobs and got hired or overlooked.
I'm not sure how "affirmative action" or "dei" helped me.
Don't point to a hand full of niggaz sitting at a desk somewhere in New York or Washington and say "Black folks" are benefiting from Affirmative Action or call them "DEI hires".
That's only a handful out of MILLIONS of Black folks in the work force who have to apply and are subject to getting let go or demoted like others.
Millions who are either unemployed or under employed.....where is DEI or Affirmative Action for them???
I'm beginning to believe that many of these programs exist ONLY to piss off White folks and justify their angry and hatred.
Affirmative Action
DEI
Reparations Studies
Critical Race Theory
They don't really help Black folks or provide benefits to us.
They don't even COME from us! They come from White folks who invent this shit.
White folks made them up like straw men or targets......totally useless EXCEPT as something White racists can point to as examples of "reverse discrimination".
Expand
well...
Each is distinct from the other.
Affirmative Action is really, a federal level legal action designed to make it where . Remember the KErner Commission [ https://aalbc.com/tc/profile/6477-richardmurray/?status=2685&type=status ] . Affirmative action says, institutions dealing with the federal government and by top down state and counties and city governments have to open up their hiring practice. The problem is affirmative action doesn't handle private business affairs. When colleges take federal money, when city governments hire people, affirmative action is the tool to open up uneven hiring practices.
DEI diversity equity and inclusion isn't about the government, it is about private enterprise, which evaded changing its practices with affirmative action in the past. The problem is, the USA has a free market capitalistic heritage, which means ownership has value. Ownership gives you power, this is the legacy of the enslavers. Even though over ninety percent of fiscal wealth is inherited, and over ninety percent of inherited wealth can trace its roots to whites using genocide to the first peoples plus enslavement to the black dosers , the modern legal code in the usa doesn't have a way of taking wealth and redistributing it for past crimes, ala no reparations as well. But what that means is, the only way to change private enterprise is through small measures with the hope that it will allow those known to be abused to take advantage and change the market environment.
Reparations isn't about money, reparations is about repairing, but here is the problem. How do you repair a relationship that was never positive in the first place. The problem with reparations is that those who study it, are trying to find a way to make peace between two people who never had any in the first place.
The history of black people is far older than almina. BUT, the start of BLACK DOSers from Canada to USA to Argentina to India to China is enslavement, it isn't even betrayal. And thus how do you repair losing everything? it can't be done. Money can't buy the past. Money can't buy the lost heritages. ... Money has limits. this is part of why blacks in usa and the other mentioned places have just embraced the places. Because all DOSers know, the past can not be reclaimed. The damage was too extensive, unless someone has a time machine, it can't be done. That heritage is what needs to be repaired, that can't be repaired. that was the whole point of the fiscal enterprise in all the oceanic enslavements, trans atlantic, trans indian, out of africa. to delete the heritage of black people to bind them to wherever they landed by truths that even if unshackled, learned, monied they couldn't undo.
Critical Race Theory started by Bell has one agenda, to try and create a new culture that can fit all peoples in it. It is a Black STatian, you and @ProfD 's tribe functional desire since James Forten, who again, was a black fiscally successful business owner who fought for the usa to be born. The problem is, the desire by Forten was always very complex in a country like the usa where so many in it , are in it, not to be mixed or work together , but for various negativities. lets call it like it, the usa has only three groups of people from why they are here perspective.
First Peoples who are original inhabitants and have suffered at the hands of unwanted immigrants, whether legal or not, or those descended from unwanted immigrants constantly
Black DOSers who never wanted to be here and were bred and enslaved till this hell hole is all they know
Immigrants who are the fiscal poor/unwanted/dregs from various parts of the world , starting with europe who never would had left the country they came from if rich/powerful/safe.
So no one is in the usa cause they want to be part of an interracial body. No one. thus why, bell and others desires always fall flat. The truth is a powerful things.
But, you have four different things.
A legal tool to even out the demographics of the federal government, which I argue have worked.
A soft tool that couldn't lead to permanancy in changing the private sector
A bunch of people trying to figure out how to repair the unrepairable
A bunch of people trying to figure out how to design a culture that no one is present/purposed for be embraced by all.
These are four unique things.
02282026
Citation
https://aalbc.com/tc/topic/12496-is-dei-still-needed/#findComment-80457
osted just now
@Pioneer1
2 hours ago, Pioneer1 said:
I haven't had a government job.
Maybe that's why I didn't see the effect of it.
I applied for many government jobs and am qualified to get them, but still didn't get hired despite putting down my race...lol.
Not sure what was going on.
exactly, most black people didn't. The private sector used human resource departments to avoid the lawsuits by saying they have jobs open to all, even though as a number of recent cases have proven, this was to cover them keeping the same nepotistic or phenotypically biased hiring practices.
And since most black people still live in the confederate states, well I don't have to explain how louisiana/mississippi/georgia/south carolina/virginia/alabama/florida/arkansas/tennessee white governments would not hire black people , and with the structure of the federal government, states hiring is hard to make a federal issues without blunt evidence.
So between black people living in white states that don't hire black people in government jobs outside black elected officials having the power to
+
white private sector firms using human resources to dodge civil rights act lawsuits while maintaining their pro white hiring practices through nepotism or anti black hiriing practice
meant
most blacks didn't financially benefit. And those who did became the token blacks working at every white firm in the usa that couldn't afford or wanted to evade the lawsuit.
2 hours ago, Pioneer1 said:
Ok, thank you for clarifying that.
I was getting ready to send your ass to Haiti, but I change my mind now....lol.
hilarious:)
You didn't realize that?
I ponder how you couldn't realize that?
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