C.E.O. at Banneker Financial Services -- Founder of the Black & Brown Central Liquidity Facility Concept
We need discussion on black and brown people's economic history (SEEFIRs), the forgotten essential part of the freedom story. Is economic oppression as bad as civil rights oppression?
C.E.O. at Banneker Financial Services -- Founder of the Black & Brown Central Liquidity Facility Concept
As the originator of a Black Controlled Central Liquidity Facility/Secondary Market (BCCLF/SM) concept, and a solution to combatting Systemic, Endemic, Economic, Financial and Institutional, Racist Systems (SEEFIRS). we need to implement a viable solution to the staggering and widening black/white wealth gap (https://lnkd.in/ezx5-JfN). The time is now for us as Black people to do something about this critical problem. We cannot afford to continue to ignore the fact that white families have 6 to 10 times more wealth than the average black family. By most estimates, it would take 320 years at the rate we’re going for Blacks to achieve economic parity with whites. Again, the time is now to do something!!! “Racism is wealth- and power-based competitive relationship between Blacks and non-Blacks. The sole purpose of racism is to support and ensure that the White majority and its ethnic subgroups continue to dominate and use Blacks as a means to produce wealth and power…True racism exists only" when one group holds a disproportionate share of wealth and power over another group then uses those resources to marginalize, exploit, exclude and subordinate the weaker group.” – Dr. Claud Anderson
C.E.O. at Banneker Financial Services -- Founder of the Black & Brown Central Liquidity Facility Concept
My quest is to narrow the enormous wealth gap between Black and White people. Additionally, I hope to expand the knowledge and understanding of SEEFIRS, including how it works and what it does to us as Black people. Martin and Malcolm agreed that Civil rights without economic rights are useless, like a car without gas. It is absolutely key to our survival that we attack this problem collectively as a people. The more we become aware of Systemic, Endemic, Economic, Financial and Institutional Racisms (SEEFIRS), the more we will be equipped to combat the damage it has done and continues to do. I have posted a draft concept for a black-controlled central Liquidity Facility/Secondary Market. We no longer have the means to recycle our wealth. We have no major Black Banks that can compete with most White Banks (Chase Bank, for example, is almost 1,000 times larger than all the Black Banks combined). Our current leaders are only dealing with the symptoms and effects of SEEFIRS, and not the solutions. I hope to see you and others spread awareness of this issue. I have been talking and writing about SEEFIRS and trying to get some funding to formally study this oppressive problem for what seems like eons. I also have solutions for this critical problem that has plagued us since the formation of this nation. Most of my requests for funding have fallen on death-ears. Again, our Black leaders, Institutions, Athletes, and well-to-do would rather fund programs and studies that deal with the symptoms and effects of SEEFIRS and not the solutions. I come from a line of freedom fighters; one of my great-uncles is John H. Clarke. You may want to watch his documentary on YouTube, "A Great and Mighty Walk," narrated by Westley Snipes. https://lnkd.in/e9WN_DJa Hugo A. Owens Historical Marker Historical marker slated for home of one of first Black Chesapeake city council members | WAVY.com Dorothy V. Clarke-Thomas https://lnkd.in/essGEqNt You may also want to join our forming our private group. https://lnkd.in/ecBkcj7m
C.E.O. at Banneker Financial Services -- Founder of the Black & Brown Central Liquidity Facility Concept
She also said in a Vanity Fair Magazine interview, "He (Trump) kept a copy of Hitler's Manifesto by his bedside." I believe this because one of his chief mentors was Roy Cohn, a hideous and unscrupulous person (look up Roy Cohn, Trump's mentor).
A mother often knows…
C.E.O. at Banneker Financial Services -- Founder of the Black & Brown Central Liquidity Facility Concept
Trump's Mother also said in a Vanity Fair Magazine interview, "He (Trump) kept a copy of Hitler's Manifesto by his bedside." I believe this because one of his chief mentors was Roy Cohn, a hideous and unscrupulous person (look up Roy Cohn, Trump's mentor).
A mother often knows…
C.E.O. at Banneker Financial Services -- Founder of the Black & Brown Central Liquidity Facility Concept
This is a draft blueprint for Black Economic Survival going forward. The time is NOW. The longer we avoid this critical problem, the worse it will get!
C.E.O. at Banneker Financial Services -- Founder of the Black & Brown Central Liquidity Facility Concept
C.E.O. at Banneker Financial Services -- Founder of the Black & Brown Central Liquidity Facility Concept
I hope this article brings awareness to the SEEFIRS issue and the need for funding and development of a facility to help recycle Black dollars to help close the astounding wealth gap. #SEEFIRS #blackwealth #blackeconomics #blackathletes #blackbusiness #blackventurecapitalists #blackentertainers #blackpoliticians #blackbanking #blackfraternities #blacksororities
C.E.O. at Banneker Financial Services -- Founder of the Black & Brown Central Liquidity Facility Concept
Some say we should go back to Africa -- Should we?
C.E.O. at Banneker Financial Services -- Founder of the Black & Brown Central Liquidity Facility Concept
I'm happy to see many of you and others beginning to spread awareness of this issue. I have been talking and writing about SEEFIRS and trying to get some funding to formally study this oppressive problem for what seems like eons. I also have solutions for this critical problem that has plagued us since the formation of this nation. Unfortunately, my funding requests have fallen on death-ears. Again, our Black leaders, Institutions, Athletes, and well-to-do would rather fund programs and studies that deal with the symptoms and effects of SEEFIRS and not the solutions. I am happy to come and speak to groups, organizations, actors/athletes, business leaders, and government representatives on this matter critical to black civil economic rights and equality.
