Black Americans have the lowest business creation rate and this is why we're poor not because of White folks. Black folks will spend money and support Black churches and Greek letter organizations for instance yet only but a scant few Blacks can get together and build one business? Asians and Hispanics come together to create businesses but not native born Black Americans.
Today I read a comment in a HBCU group from a Black man about why do we, Black folks, support Black Greek letter organizations with our money but these organizations can't even build businesses around HBCU campuses. A lot of HBCUs (and PWIs) are in ghettos so the real estate is cheap but many Black organizations have no vision.
I didn't know about the Phi Beta Sigma Federal Credit Union. That's outstanding. I agree with you.
Wait how did we get tossed into the fire in a thread about the Vanishing Family.
If you didn't know about our credit union when its plastered right on our national website, then I don't know why you feel the need to speak on BGLOs. We have the credit union, bigger better business program and a host of other programs. Obama started the My Brothers Keeper program. We started the I Am My Brothers Keeper Initiative. We just gave Howard $500,000 a few years ago. We regularly donate to colleges and give away scholarships across the country.
Every org donates wads of cash.
Every BGLO hosts marches, tutors kids - pretty much everything you expect of a community based organization. You, y'all, the folks who claim to be woke, just don't show up to events. On the college level and in the community at large, attendance at educational events is piss poor.
We run corporations, hold positions in government - we do everything asked of us. There is not one facet of black life on any level, good or bad, that is not represented by a BGLO. Loretta Lynch - Delta. Sandra Bland - SGRho. John Lewis - Sigma. If I'm not mistaken, the Alpha's claim that they have the most black college presidents, historically. I mean, even the police chief that took over in Ferguson to temper the riots was a Kappa.
Can we do more, of course. However don't think that just because our name isn't on something that we aren't actively behind it and supporting it. Rustik Tavern in NY is owned by one of my bros, but you wouldn't know that because it's not plastered on the window.
We're out here. We support. You just have to do your research.