Career and Business

The left vs right fight isn’t ours. Black Americans must focus on wealth building.

Nobody can give you freedom. Nobody can give you equality or justice or anything. If you’re a man, you take it.” ~ Malcolm X

business

Because of the poisonous political climate I am seeing too many of my Black liberal friends call Black conservatives Uncle Toms and too many of my Black conservative friends calling my Black liberal friends sellouts. Neither is true. Here is a list of sellouts.

  1. Sellouts and Uncle Toms are the drug dealers who sell poison to kids.
  2. They are the gang members who terrorize our streets and schools.
  3. Sellouts and Uncle Toms are the violent criminals.
  4. They are the perpetual litter makers who create children they cannot afford.
  5. They are the child abandoners who refuse to provide for their children.
  6. They are the people who pollute our natural resources and neighborhoods.
  7. The sellouts and Uncle Toms are the people who sell financial products for banks and other firms that are aimed at ripping off Black consumers.
  8. Sellouts and Uncle Toms are the preachers and activist who charge people who have faced injustice in exchange for their “services.”

Read the rest of the list here. As you can see it has not a darn thing to do with politics.

The fact is that the left vs right fight isn’t ours. It is never been ours. As long as politicians aren’t discussing Black wealth, business and job creation neither party has our interests at heart. Our focus,Black Americans focus should be on wealth building. Wealth building creates independence and has the power to make us a formidable constituency. Every stats shows that we have plenty of potential to do so. According to the 2012 the U.S. Census Bureau’s Survey of Business Owners, “From 2002 to 2007, the number of black-owned businesses increased by 60.5 percent to 1.9 million, more than triple the national rate of 18.0 percent.. Over the same period, receipts generated by black-owned businesses increased 55.1 percent to $137.5 billion.”

Employment status by race September 2014 (Not seasonally adjusted.)
Employment Status by race White Black Asian
Civilian noninstitutional population 195,777 30,932 13,788
Civilian labor force 123,165 18,982 8,718
Participation rate 62.9 61.4 63.2
Employed 117,130 16,929 8,339
Employment-population ratio 59.8 54.7 60.5
Unemployed 6,035 2,052 379
Unemployment rate 4.9 10.8 4.3
Not in labor force 72,611 11,950 5,070

Source: Bureau of Labor Statistics Table A-2. Employment status of the civilian population by race, sex, and age September 2014, Not seasonally adjusted.

As you can see even though we spend $1 trillion a year our dollar only circulates into Black hands at most once. That is absolute madness. We need wealth creation for the Black population because it creates a cycle of multi-generational wealth. It allows us to buy homes. Because of those homes we pay property taxes to fund our great schools. If we have well-trained workers Black firms will hire them and we will  have low employment. Low unemployment leads to safe communities because criminality is usually caused out of financial necessity and reduced opportunities. Finally this leads to better health and life for you and your family.

No politician, political party, government program or tax cut will ever do that for us. We have to do it for ourselves. If you believe Black success is tied to the victory of any political party in the United States you are a fool. It means Black success is dependent upon the whims of the majority of voters who are nonBlack. Considering this nation’s history against Black people our goal should be to succeed despite who is in office.

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7 comments

  1. Von 5 November, 2014 at 18:16 Reply

    These are also my examples of the true sellouts.

    I refuse to even listen to any so-called leader, either appointed or self-appointed, who does not provide solutions to obtain and sustain black wealth.

  2. L, Higgin 6 November, 2014 at 20:54 Reply

    I agree with your post. I have no interest in either parties . My concern is to grow, and maintain wealth for the future. I do not waste my time, and energy supporting those people.

  3. MixedUpInVegas 14 November, 2014 at 22:34 Reply

    Political parties are equally disinterested in the financial progress of Black people. Expecting that any of them will do more for us than we can do for ourselves is magical thinking.

    I believe we should vote, but for the individual as opposed to voting the party line. But trust and believe, politicians will not change your life for the better–only you can do that.

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