it if I told you that we spent 1.1
trillion dollars and the only thing
worse than spending that 1.1 trillion
dollars is that no one seems to be
bothered by the fact that in less than
six hours that money was no longer ours
those dollars have left our community
never to return with nothing to show for
it but unemployment trends maybe if we
were a little bit more student about the
impact impact that 1.1 trillion dollars
has on our community we would have
realized that our choice to divest our
choice to divest is not without impunity
but how bad can it be right look at one
point one trillion dollars really by
well let’s start with 50 million
scholarships to attend your college of
choice or 900,000 community centers to
help facilitate our collective voice 1.4
million charter schools could start an
educational revolution especially when
you couple that with academic pathways
to 3,000 predominantly white
institutions now I will be remiss if I
didn’t include entertainment on my
spending tour no more nosebleed seats
I’m on the floor of the 500 NBA teams
that we have decided to acquire and to
broadcast the games we bought CBS NBC
and ESPN with 1 trillion dollars left
over for our desire so you tell me who
is the blame for our unemployment rate
how many jobs can 1.1 trillion dollars
truly create well let’s try 12 million
jobs through direct impact and another 4
million jobs to induce feedback you see
this is what happens when we decide to
invest back in our community so maybe we
can take a page from other cultures
economic units
right consider 30 20 and 17 days that
the agent that one dollar circulates in
the Asian Jewish and white communities
respectively you know always say the
truth is crazy to the lie some of the
stuff I just can’t make up so we call
what I told you that less than six hours
of circulation is all the African
American dollar combustor up that’s not
1.1 trillion dollars Gone with the Wind
fabulous spent our iphones the latest
fashions and other random acts of
depreciable luxuriousness but only if we
had access to capital right we could we
could open up our companies we could
patronize our businesses overnight well
there’s 21 african-american owned banks
for us to consider unfortunately however
they’re faced with a lot of challenges
essentially facing closed doors as
evidenced by the previous total of fifty
four now the remaining 21
african-american all banks have assets
totaling four point seven billion
seemingly respectable until you compared
to the 1.1 trillion now I know some of
you bath you but people in here already
doing the math right 4.7 billion dollars
equates to simply are only less than a
half of one percent of the 1.1 trillion
dollars in african-american buying power
if I am know any better I would say the
blame is partly hours so finally I’ll be
in with this I have more questions than
solutions thereby leaving the door open
for economic revolution thank you you