Finished reading MLK's speech "I've been to the mountaintop" and he mentions a black-owned bank...

Molecule Man

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I will say this, you post smileys better than you debate. You have not said one pertinent thing in this entire thread. Was the United States a fukking developing nation then?
 

Molecule Man

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And please tell us more about how 'lack of manufacturing' has led to the devaluation of the U.S. Dollar.
 

Molecule Man

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http://www.businessdictionary.com/definition/prosperity.html

'Stage in an economic cycle in which conditions of relatively low-unemployment and high total income prevail, leading to high purchasing power (if the inflation rate is kept low).'


Literally on the first page of a google search for economic prosperity. Now we can nitpick all we want, but you are a fool if you believe that more people starting businesses or selling more product (I.E. economic growth) does not result in more people having jobs and having a wage market that will support them fairly and more opportunity in general (I.E. prosperity). Of course, in our system this is tampered with, but we are talking ideally. All of this is meaningless anyway, bc we WERE discussing banks, or I was. You couldn't bring anything to the table.
 

XII

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I do and these banks are dying. It is literrally impossible to start a black owned bank now a days with the cac laws they put in place. nikkas are sleep about it too
Can you elaborate for me breh? :lupe:

That's why I learn to not feed into that stupid Malcolm vs Martin shyt. All the leaders were right in their own ways.
It's silly that history paints them as polar opposites when in the end they both wanted the same thing. :snoop:
 

Warren Moon

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Can you elaborate for me breh? :lupe:

in some southern states you have to receive approval from other banking institutions in order to start a bank. IE white banks. you also must get a certain amount of funding from certain instutitions. These institutions want people on your board who "they know" so in essence you start off as a black bank with black leaders. But they are pushed out by cacs and you no longer have a "black bank". So the idea is useless
 
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