COMMUNITY REINVESTMENT

Since 1968 we have been struggling to find a direction and a vision that will reunite our community. We learned from Martin and Malcolm that we are capable of great things when we come together. After the deaths of these two black men we were so confused about our next step that we basically sat still for almost forty plus years. Our schools held no vision for our children and our communities produced few jobs and very little commercial development. Why?

Because we were more renters than owners, because we did not play the financial market, and because we just didn't know how to compete and overcome our personal financial shortcomings.

But in the last five years we have grown more savvy about Wall Street, mortgages, and most importantly, we have learned the importance of equity building.

So on September 04, 2009 lets move forward with what we have learned from the civil rights movement. This is the next tier, economic development will lead to a stronger independence for African Americans here and across Haiti and Africa.
Join us.

Go to thetruthfighters.com or prlog.org for more information.

BLACK FRIDAY SEPTEMBER 4, 2009 . A day of trust.

On September 4 millions of black Americans are vowing to make a change in their communities commitment to changing the economic shadow cast during this major gangster move on black owned real estate and how banks have corrupted the people’s trust.

In 1987, after the closing of 98% of the savings and loans community,  mom and pop businesses were forced to rebuild financial relationships in a  loosely regulated banking community.  Housing for black America, however, was still redlined and difficult to acquire because the larger banks had new rules that were even more restrictive and still racist.

If the strength of a nation is in its cities (and we know from history this statement is true), why hasn’t  Congress written legislature to affect this imbalance and create a tax base in all our communities?  After 23 years of community development grants and empowerment zones and now  with subprime ruin, black owned real estate is reducing dramatically.

Like Wall Street,  the black community must build a financial base that will once and for all resurrect  our tax base,  help build and fund public and charter schools, and make it possible with our own board of directors,  to create affordable mortgages.

Black Friday is the first baby step  to rebuilding  that kind of economic strength.  Laws and negative business attitudes have affected black Americans disproportionately in building equity,  politically and financially.  Knowing this,  we are no longer seeking fairness or legislation giving something unneeded.  Instead, the solution is to build our own.

This is a new action for this generation of  integrated folk  who are absent the lessons from the civil rights era.  There are  many who  may claim we should keep trying to work it out with the current system.  They simply refuse to see facts,  in America,  the message has been very clear black man and woman the obstacles to your financial emancipation are still not in your hands. 

Our financial power must be controlled for us by us.  Support Black Friday and tell your children why it is important.