ProfD

Agreed. They haven't given up on making America great *again*.😎

@Delano, your opinion is correct and would be sound financial advice. It takes money to make more of it. 😎

@richardmurray, for a few hundred years now, white folks have been controlling wealth all over the planet by any means necessary (cooperation, coercion, theft, violence, etc). They have the infrastructure in place to sustain it. 😎

Man, you asked a question with instructions "not the process or path...define the end". I answered your question succinctly. Then, you proceed to dissect *my* definition of liberated black folks (AfroAmericans). There's really no point in asking questions if you've already got the answers. 😎

In 1934, Parker Brothers created a board game called Monopoly. Ever since I was a kid, Monopoly has always been my favorite game to play. But, it's more than a game. Monopoly provides the blueprint to understanding how money works and the strategies it takes to build wealth. For 88 years and counting, white folks have been selling the game in plain sight. 😎

The degree of racism in inconsequential. It should not be happening at all. As long as racism exists, incidents of it should be put on full blast so that people are aware that racism is still alive and kicking. Otherwise, it's easy for folks to fall into a false sense of harmony and walk around thinking racism isn't that bad or hasn't gotten any worse. Then, we have white folks feeling good about themselves for having *black friends* until they learn that one of them has been arrested or choked out by a racist. On the flip side, n8gglets like Uncle Clarence Thomas drinks the colorblind Kool-Aid like it's a Big Gulp. Racism needs to be called out at every instance and should be an ongoing conversation in America. 😎

Under the current system, any and all black *wealth* requires white approval and cooperation. Black folks do not have an infrastructure in place to independently generate and sustain wealth. Like everything else, the sports world is white-owned. They decide who can and cannot buy teams and franchises. They use black bodies for labor. Black folks have been conditioned to work for money and spend it on things (consumerism) to reward themselves. Wealth building is very different. It is an integrated system of moving parts utilizing someone else's knowledge, skills, abilities (labor) to produce goods and services to make money. For an example, at 58 years old, Jezz Bezos is the 2nd wealthiest person in the world right now. Bezos would be a good case study in how he made his money and through vertical integration enriches his community. 😎

Independently capable of generating and sustaining wealth in all realms (mental, physical and spiritual). Complete autonomy and self-sufficiency in all areas of human activity. 😎

Excellent discussion 6 years to today. Considering the amount of money the US spends on defense and humanitarian aid provided to other countries in crisis (Ukraine), the only real reason healthcare and education are not free is because 1) Americans can afford it and 2) there is no incentive in helping minorities groups. A capitalist country is motivated by money. As I wrote in another thread, an AfroAmerican political agenda has to outline the needs of the people and in turn how it will benefit the investors. Otherwise, the system already has programs that directly or indirectly address the most common things minority groups want without having to pay for it...welfare. Any expansion to a welfare state (socialism) is antithetical to a capitalist society. That's why my idea of reparations would address healthcare, education, housing and employment. But, that's another thread. 😎

Correct. The current system definitely wouldn't allow every black person to be a multimillionaire. H8ll, the system makes it harder for many black folks to become a multi-thousandaire.😁 As black folks, we aren't doing enough collectively to generate, pool and sustain our wealth. Gross consumerism is the opiate that anesthetizes folks into maintaining the status quo. 😎

No amount of money, privilege or access truly liberates black folks. 😎

We know how the predatory aspect of sports agents works. Black folks have had more than enough time to establish a better way of nurturing our intellectual and physical talent. There's been no shortage of former and current athletes who could have pooled their resources to create a super sports agency that works within the best interest of black athletes from the cradle through to becoming a professional. Basically, the consumerism mentality keeps black folks from working together to build long term wealth. That's part of the reason we don't own sports agencies or sports franchises. Instead, black folks rely on and pay white folks to represent them to white owners. White folks recycle money among themselves through vertical integration on the physical abilities of black folks.😎

Ignorance is no longer an excuse. For several decades now, black folks have had access to every aspect of American business. There's no shortage of black folks capable of representing black athletes and entertainers and teaching money management too. The hurdle is teaching black folks how to trust each other. Peeling the layers of that onion is no small feat. We do waste too much time on celebrity culture among other things. 😎

My Millennial nephew who's heavily into money management believes Crypto has a future. I told nephew that I will be keeping my money in investments, bank accounts and underneath a mattress. No Crypto-nite. 😁😎

@Stefan, you're absolutely right...it's a women's issue. As men, we have zero business in it. 😎

Absolutely. I think it's abominable that black athletes and entertainers pay agents a percentage of their negotiated contract instead of paying them a flat fee. If the sports team or movie industry or fashion industry wants a person bad enough, they're already willing to pay them. Just pay a lawyer to make sure the paperwork is straight. A popular NFL sports agent has grossed a billion dollars. Ironically, he went to school to become a lawyer but found a gold mine as a sports agent representing black athletes starting in the late 1980s. Former NBA basketball player Grant Hill and his dad former NFL football player Calvin Hill did it right. They negotiated his contracts. Unfortunately, many black athletes chose not to follow his lead. 😎

Sure. The trickle down effect of their laws and initiatives will always have a worse impact on Black people and other disenfranchised groups. As black folks, we need to be even more vigilant in holding ourselves and each other accountable and be more responsible in our actions and reactions. Black folks cannot do everything they do and get away with it. We have to protect ourselves and our interests on all fronts.😎

Yep. All unwanted pregnancies can be eliminated in two ways: 1) Men only engage in coitus with non-fertile women. 2) Women only engage in coitus with sterile men. Win-win situation. All parties get to fully enjoy themselves naturally without worrying about procreation.😎

As I mentioned in another thread, the anti-abortion movement is about protecting the white population. Non-white folks are collateral damage. 😎

White folks are not reproducing fast enough to overcome the fact that they will be the majority minority by the year 2045, By that time, the white population will be 200 million. The non-white population will be 240 million. White folks will still be the single largest group in and continue to own/run it. But, non-white folks combined will be the majority. The Pro-Life movement is about protecting the white population in America. Their concern is that white women are killing the future of their race. Those same people do not really care about the unborn of non-white folks. 😎

The house that is America has never been overly concerned with the plight of Black people economically. We have to do a better job of protecting ourselves through strategic alliances and investments.😎

The federal government will not directly pay back rent or keep folks out of foreclosure. It will provide funding to states to manage their issues. Economists spend all of their time figuring out how to keep the house of cards from imploding. They know how much debt the country can manage before triggering inflation and recession and other instruments. 😎

The Wal-Mart mentality has permeated society in such a way that many people want something for little or nothing. Money makes this whole thing spin. The 1% of the population controlling 97% of the wealth knows how to play it. 😎

I'm voting "yea" to pay the back rent if that's what it takes to keep folks from eviction, foreclosure and living on the streets. It's a waste of energy for fiscally responsible folks to grumble and/or complain about any form of welfare given to others. There will always be haves and have nots and everything in between. Most recently, look no further than the US printing billions of dollars to help the Ukrainians. Then, there's the trillions of dollars spent over 20 years fighting terrorism. The US has more than enough money to take care of its citizens. Unfortunately, a handful of people get to pick and choose who wins and who loses in the grand scheme of things. That's the game being played on a global level.😎

As you know all too well, it's very hard for our publications and institutions to remain relevant. IMO, it's mainly because black folks are not encouraged to support their own religiously.😎