His presidency also magnifies the need for a black - owned economy.
An article on www.blacknews.com reflects on how Obama's presidency has left the black community headed towards economic and political annihilation.
From the article itself: "Under Obama’s administration this has happened, but not quite the way many would think. During this period Black wealth has plummeted as white wealth has increased significantly. When Barack Obama was elected many thought his election indicated the end of white America’s need to dominate everything and it would perhaps usher in a policy of one America for all equally regardless of race. King’s dream is now concretely a nightmare for most. When Obama said that he was not the president of black America in 2009, it went largely unchecked and Blacks had very little idea how serious he was. Of course this statement came conveniently after winning his second term election and after the African-American community had voted for him in record numbers once again. Thanks to his brutal honesty, Obama has given us reason to challenge the idea that voting has significant meaning for African Americans… it may be time to abandon ship as he himself once told us that change doesn’t come from Washington."
The article further reveals: "And then there is police brutality and domestic terrorism. This year alone 751 people have been killed by police. Inthe month of March, more people were killed by police (111) than in the UK by police since 1900(100).
This unprecedented escalation of police killings of unarmed Black women and men; the massacre of 9 innocent Black women and men attending Wednesday night Bible Study in their church sanctuary; an uptick in Black Church burnings in South Carolina and across the country, all spell the deliberate and intentional attack on the Black populace, especially our youth."
The article concludes by admitting that the black community is slowly waking up to the fact that black entrepreneurship and black wealth is needed. It says, "There is now a renewed focus and energy around business success and economic empowerment. Almost every organization and institution in the Black Community has economics at or near the top of its agenda. This is historically significant. The Black Community has survived the “Education Hope”, thinking that a good education would level the playing field. We have survived the “30 Years and A Gold Watch Hope’, thinking that our security was anchored in our loyalty to big business. And now many are beyond the “Political Hope”, thinking that political office somehow translated into “Power for The People”. We’re learning fast that “romance without finance (politics without economic power) ain’t got no chance”.
President Barack Obama: Black America’s Failed Experiment With White House Politics and the Urgent Appeal For a New Black Economy
Any thoughts on Obama's presidency?
An article on www.blacknews.com reflects on how Obama's presidency has left the black community headed towards economic and political annihilation.
From the article itself: "Under Obama’s administration this has happened, but not quite the way many would think. During this period Black wealth has plummeted as white wealth has increased significantly. When Barack Obama was elected many thought his election indicated the end of white America’s need to dominate everything and it would perhaps usher in a policy of one America for all equally regardless of race. King’s dream is now concretely a nightmare for most. When Obama said that he was not the president of black America in 2009, it went largely unchecked and Blacks had very little idea how serious he was. Of course this statement came conveniently after winning his second term election and after the African-American community had voted for him in record numbers once again. Thanks to his brutal honesty, Obama has given us reason to challenge the idea that voting has significant meaning for African Americans… it may be time to abandon ship as he himself once told us that change doesn’t come from Washington."
The article further reveals: "And then there is police brutality and domestic terrorism. This year alone 751 people have been killed by police. Inthe month of March, more people were killed by police (111) than in the UK by police since 1900(100).
This unprecedented escalation of police killings of unarmed Black women and men; the massacre of 9 innocent Black women and men attending Wednesday night Bible Study in their church sanctuary; an uptick in Black Church burnings in South Carolina and across the country, all spell the deliberate and intentional attack on the Black populace, especially our youth."
The article concludes by admitting that the black community is slowly waking up to the fact that black entrepreneurship and black wealth is needed. It says, "There is now a renewed focus and energy around business success and economic empowerment. Almost every organization and institution in the Black Community has economics at or near the top of its agenda. This is historically significant. The Black Community has survived the “Education Hope”, thinking that a good education would level the playing field. We have survived the “30 Years and A Gold Watch Hope’, thinking that our security was anchored in our loyalty to big business. And now many are beyond the “Political Hope”, thinking that political office somehow translated into “Power for The People”. We’re learning fast that “romance without finance (politics without economic power) ain’t got no chance”.
President Barack Obama: Black America’s Failed Experiment With White House Politics and the Urgent Appeal For a New Black Economy
Any thoughts on Obama's presidency?