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Post by AinA on Jul 16, 2016 2:45:10 GMT 1
So look, there's this huge push (which I'm in agreement with) to move our monies from non-Blacks to Black banks. This is a step in the right direction (true2u , this is part of the solution). I've been trynna get people to do this for a while now. There's quite a few sites where you can get a list of Black owned banks, I'm with One United Bank. They are the largest Black bank in America, with uh like 620 million in assets, compared to the largest Asian bank, which has 20 billion but we got 1.2 trillion in spending power, feel me? We have to do better. IDK if some of y'all on here are familiar with Killer Mike, but he's been a huge factor in all of this and Solange reinforced it; this is good. I know Killer Mike mentioned that in like 5 days like Citizen Bank out there in ATL, had like 8,000 new accounts with at LEAST (if not more) $100 deposits, which is really great to hear. I advocate One United, simply because I really like them, but there are others you can choose from, plus they are UNAPOLOGETICALLY Black and I really love that about them. Also they don't seem to be motivated by money; they seem to really care and I like the programs they offer for us. With an increase in assets etc, banks like these will be able to open up more physical locations. They are very up to date. Mobile banking etc...so yeah One United FacebookBlack Owned BanksI know this ain't about MLH y'all lol, but I thought it'd be a good place to offer the info for those who may be interested. BTW, like pretty much all banks now, One United Offers Online Banking and POP transfers (money to phone or email). |
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Post by true2u on Jul 16, 2016 4:20:56 GMT 1
perhaps you need to contact Lauryn maybe they will bail her out and recommend her a cpa representative.
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Post by Oprah on Jul 16, 2016 5:51:43 GMT 1
I joined Citizen's Trust Bank this past week.
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Post by Quote on Jul 16, 2016 6:14:25 GMT 1
perhaps you need to contact Lauryn maybe they will bail her out and recommend her a cpa representative. just quoting for evidence , in case you decide to edit |
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Post by AinA on Jul 16, 2016 6:32:03 GMT 1
^^^lol
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Post by true2u on Jul 16, 2016 6:38:07 GMT 1
perhaps you need to contact Lauryn maybe they will bail her out and recommend her a cpa representative. just quoting for evidence , in case you decide to edit It is all being recorded anyway soe it doesn't matter if i edit. wh3n u put ur mon3y in d bank th3y monitor that 2 n t3ll u how much u can withdraw at a tim3. control freaks. |
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Post by ----- on Jul 17, 2016 17:32:10 GMT 1
There are no banks that are for the interests of their customers. Banks are literally the personification of usury. Jesus turned over the money lenders tables in the temple in his most aggressive act as a message.
I have been observing and there is a lot of Polar-a-tics going on that appeals to the lowest common denominator. Ideologies based in exploiting and magnifying fear, hate and mistrust.
These tactics are solely the preserve of the self orientated.
The power of banks should be eroded and replaced with peer to peer systems. That would be progress.
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Post by AinA on Jul 17, 2016 19:50:38 GMT 1
Is this true2u? lol
While I do agree that banks are primarily about money, I'm going to at least put my money in a bank that isn't JUST motivated by it, in other words, they have a real vested interest in wanting to help the communities they serve as opposed to these White Owned banks who profited from slavery. Now, I like the idea of peer to peer, it reminds me of susu economics, however you'd still need some regulatory measures to ensure things go smoothly. I can tell you're probably non-Black though because you probably read the other thread with the Amos Wilson quote and didn't understand where it and other responses by other members was coming from. It has nothing to do with the preservation of "self", but the preservation of African people and becoming aware of who the enemy is, that is preservation of a people.
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Post by ----- on Jul 17, 2016 20:55:02 GMT 1
Is this true2u? lol While I do agree that banks are primarily about money, I'm going to at least put my money in a bank that isn't JUST motivated by it, in other words, they have a real vested interest in wanting to help the communities they serve as opposed to these White Owned banks who profited from slavery. Now, I like the idea of peer to peer, it reminds me of susu economics, however you'd still need some regulatory measures to ensure things go smoothly. I can tell you're probably non-Black though because you probably read the other thread with the Amos Wilson quote and didn't understand where it and other responses by other members was coming from. It has nothing to do with the preservation of "self", but the preservation of African people and becoming aware of who the enemy us, that is preservation of a people. What you say makes sense, as a strategy it's just a little too close to playing with fire if not executed with care for my tastes. But I'll leave that to the revolutionaries. Specifically with reference to banking I will pop on my white supremacist bankers head. If we could remove black money and liabilities from our bank and more importantly concentrate it in black owned banks it would be much easier to crush any prospect of black economic sovereignty. The orthodox opinion of the banking industry is that loans to black individuals and business are higher risk with greater chance of default. True or not that is the opinion. Concurrent with the above is the inequity in distribution of wealth between blacks and non-blacks. A black owned bank with black shareholders and a majority black customer base would be in an inherently weaker position than a bank containing mixed money or just white money. Such a bank would be more vulnerable to economic shocks, both natural and engineered with the worst outcome been collapse and disaster for all involved. I am not sure it's a great strategy to have exclusively black customers - black ownership would be a positive but a homogenous customer base could be a disaster. |
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Post by AinA on Jul 18, 2016 4:14:59 GMT 1
Is this true2u? lol While I do agree that banks are primarily about money, I'm going to at least put my money in a bank that isn't JUST motivated by it, in other words, they have a real vested interest in wanting to help the communities they serve as opposed to these White Owned banks who profited from slavery. Now, I like the idea of peer to peer, it reminds me of susu economics, however you'd still need some regulatory measures to ensure things go smoothly. I can tell you're probably non-Black though because you probably read the other thread with the Amos Wilson quote and didn't understand where it and other responses by other members was coming from. It has nothing to do with the preservation of "self", but the preservation of African people and becoming aware of who the enemy us, that is preservation of a people. What you say makes sense, as a strategy it's just a little too close to playing with fire if not executed with care for my tastes. But I'll leave that to the revolutionaries. Specifically with reference to banking I will pop on my white supremacist bankers head. If we could remove black money and liabilities from our bank and more importantly concentrate it in black owned banks it would be much easier to crush any prospect of black economic sovereignty. The orthodox opinion of the banking industry is that loans to black individuals and business are higher risk with greater chance of default. True or not that is the opinion. Concurrent with the above is the inequity in distribution of wealth between blacks and non-blacks. A black owned bank with black shareholders and a majority black customer base would be in an inherently weaker position than a bank containing mixed money or just white money. Such a bank would be more vulnerable to economic shocks, both natural and engineered with the worst outcome been collapse and disaster for all involved. I am not sure it's a great strategy to have exclusively black customers - black ownership would be a positive but a homogenous customer base could be a disaster. The blue highlighted part is not accurate. Group economics is the basis for any group power. If anything it actually may be more protected because your money is not spread out and circulates within the community. A community is where the people in that area own, produce, control and create everything in it. It's almost like an independent nation within a larger one. USA will never grant sovereignty. We'll have to work to build up the homeland. No one mentioned anything about the customer base being strictly all Black, if there are others who would like to purchase from Black businesses (like Blacks do from others) that is their choice. 1.2 trillion is a small nation, link up with trading with other Black majority nations and you're in an even better position. This is why they always discourage Pan-Africanism. Have a good one. SaveSave |
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Post by ----- on Jul 18, 2016 12:21:42 GMT 1
The risks of the above are predicated upon the assumption that a there is a deliberate attempt within the banking industry to maintain white ecomnoinc dominance. In most cases I believe the allegiance of bankers is to the colour green.
For me there are just some areas where a more diffuse approach would, for practical reasons, be desirable and in my opinion expidiate the progress to the end goal we all want.
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Post by ----- on Jul 18, 2016 12:51:47 GMT 1
No one explicitly mentioned a predominately black customer base but when you consider the draw of a black owned bank, even one with a more philanthropic nature than most, the marketing is based on appealing to those that care about the the interests of black people over other concerns such as interest rates on loans, facilities offered and branches available.
I do think it likely that such a bank will suck up the money from mainly black people and especially those black people that are most actively trying to improve things.
Add to that the fact that no bank is really independent in the world of global interconnected finance and what you may end up with a limited and ineffective form of economic independence which carries a disproportionate risk to the financial stability and growth potential of the most politically and socially minded black people.
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Post by AinA on Jul 18, 2016 20:02:54 GMT 1
No one explicitly mentioned a predominately black customer base but when you consider the draw of a black owned bank, even one with a more philanthropic nature than most, the marketing is based on appealing to those that care about the the interests of black people over other concerns such as interest rates on loans, facilities offered and branches available. I do think it likely that such a bank will suck up the money from mainly black people and especially those black people that are most actively trying to improve things. Add to that the fact that no bank is really independent in the world of global interconnected finance and what you may end up with a limited and ineffective form of economic independence which carries a disproportionate risk to the financial stability and growth potential of the most politically and socially minded black people. "black ownership would be a positive but a homogenous customer base could be a disaster."
Look, the point is that when you are within the confines a particular system, you do what needs to be done within that system to move your group ahead. Period.
Partially agree with blue, just the 1st sentence. When you position your setup in a certain way, economic independence for African people can and would be different than others because we'd be tied to a whole continent with vast resources. Got it? This is what happened with Europe in the dark ages (AD time), they were SHUT out of trading with Africa and Asia and couldn't fend for themselves. You don't seem to understand that the global economy rests upon the resources of Africa mostly. When you establish a connection based upon THIS, you're in a whole different ball game, this is why non-Blacks do not LIKE Pan-Africanism as it will tilt the favor in Africa's direction. The dollar is artificially inflated and is on its way out, just a matter of time.
"The risks of the above are predicated upon the assumption that a there is a deliberate attempt within the banking industry to maintain white ecomnoinc dominance. In most cases I believe the allegiance of bankers is to the colour green."
The fact that you don't understand that there IS a deliberate attempt to MAINTAIN White dominance, means you need to refrain from ever speaking on topics like this. White/non-Black people really need to stay out of conversations related to racism and Black people because you don't know what you're talking about. Stay in your lane.
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Post by true2u on Jul 19, 2016 4:26:44 GMT 1
How will the nwo to have a cashless society affect banking in general. It would certainly make sure that if you don't have the chip your money will become useless.
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Post by ----- on Jul 19, 2016 9:50:18 GMT 1
No one explicitly mentioned a predominately black customer base but when you consider the draw of a black owned bank, even one with a more philanthropic nature than most, the marketing is based on appealing to those that care about the the interests of black people over other concerns such as interest rates on loans, facilities offered and branches available. I do think it likely that such a bank will suck up the money from mainly black people and especially those black people that are most actively trying to improve things. Add to that the fact that no bank is really independent in the world of global interconnected finance and what you may end up with a limited and ineffective form of economic independence which carries a disproportionate risk to the financial stability and growth potential of the most politically and socially minded black people. "black ownership would be a positive but a homogenous customer base could be a disaster."
Look, the point is that when you are within the confines a particular system, you do what needs to be done within that system to move your group ahead. Period.
Partially agree with blue, just the 1st sentence. When you position your infrastructure a certain way, economic independence for African people can and would be different than others because we'd be tied to a whole continent with vast resources. Got it? This is what happened with Europe in the dark ages (AD time), they were SHUT out of trading with Africa and Asia and couldn't fend for themselves. You don't seem to understand that the global economy rests upon the resources of Africa mostly. When you establish a connection based upon THIS, you're in a whole different ball game, this is why non-Blacks do not LIKE Pan-Africanism as it will tilt the favor in Africa's direction. The dollar is artificially inflated and is on its way out, just a matter of time.
"The risks of the above are predicated upon the assumption that a there is a deliberate attempt within the banking industry to maintain white ecomnoinc dominance. In most cases I believe the allegiance of bankers is to the colour green."
The fact that you don't understand that there IS a deliberate attempt to MAINTAIN White dominance, means you need to refrain from ever speaking on topics like this. White/non-Black people really need to stay out of conversations related to racism and Black people because you don't know what you're talking about. Stay in your lane.
With respect, I do acknowledge there is a deliberate attempt to maintain white dominance. I have seen it in action first hand on a small personal scale. It was not subtle. But I have also seen people fight against it. In my experience it went beyond white dominance to dominance based on nationality. The biggest lesson I took from my experiences was not that most non black people want to see themselves prosper at the expense of others but rather most white people (or indeed any group already enjoying a position of dominance) don't stop to think the things they take for granted are not the universal experience. For example most white people have never walked down the street and felt the accusatory eyes of strangers burning into their backs. They just walk down the street oblivious. The point I am trying to make is that I believe that most people that live generally free from injustice, prejudice and comfortably are not hateful or have any particular supremacist ideals they are just ignorant. They will stay ignorant as really there is no reason for them to question a system or life that works for them. What they experience is their normal and there is a natural bias to think your normal is everybody else's too. There is of course an element that are not ignorant or I should say, not as ignorant. Within this group you have the people that recognise things are unfair in their favour and seek to maintain that position but you also have those who recognise things are unfair and want to make them more fair. To outside eyes black Americans are still Americans . For all the disparity and injustices endured within America, black Americans still profit from the expoiltation of Africa. It's a dynamic that is equally difficult for all to extradite them selves from. |
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