We're in an era where the Black athlete is making more money than ever, Black people in general are better off than we were previously, and yet what do we REALLY have to show for it? We don't own anything.
Black Wallstreet worked because Black people worked to contribute success in our own areas, it was a simple cycle.
Down here in Texas, Mexicans essentially have their own banks. Or large banks have catered entire portions of the business & staffs to Hispanic customers. Growing up I remember it used to be maybe one spanish speaking person in the bank, and if they weren't there, the hispanic customer was out of luck. But they've stuck in groups & made their money work for them to the point where they MUST be respected. They have POWER. They have a voice on multiple TV stations, radio stations...hell, they have their own bus station, here lol. They've done all this in 20-25 years.
I see no reason 10-12 rich Black athletes or rappers, etc can't team up & put up a small portion of money and open up a grocery store in an urban area. Might cost a few hundred thousand and divided up amongst a dozen of them, it's hardly anything. Why not pool their money and open a 7-11 or QT in an urban area instead of letting the Indians or Asians own them all?
Every black athlete with a conscience should at least try to do a FRACTION of what Magic Johnson has done. Opening up businesses in urban areas to provide jobs, food, etc. At only 10-12% of the population Black people are still some of the highest spenders percentage-wise. The risk is smaller than a possible great reward. And at the very least if you only turn a minimal profit, you're doing something good and it's better than investing in a nightclub or some other high-risk venture. I don't wanna hear about your tax-writeoff "(athletes name) Foundation", because we rarely seem to see any true effects from those things
There's basically no reason other than we simply don't give a f*ck about each other, and it goes no further than that.
Other minorities are doing more with less.
Many(not all) of these black athletes from the time they're in high school & college are exposed to nothing but super friendly star struck white people who love them, but mainly for who they are. By the time they get to the pro leagues, many of them connect with being Black culturally, but they've been bred out of the mindset of giving back and they're often shown how to profit off their community, but not put any profit into it.
Black Wallstreet worked because Black people worked to contribute success in our own areas, it was a simple cycle.
Down here in Texas, Mexicans essentially have their own banks. Or large banks have catered entire portions of the business & staffs to Hispanic customers. Growing up I remember it used to be maybe one spanish speaking person in the bank, and if they weren't there, the hispanic customer was out of luck. But they've stuck in groups & made their money work for them to the point where they MUST be respected. They have POWER. They have a voice on multiple TV stations, radio stations...hell, they have their own bus station, here lol. They've done all this in 20-25 years.
I see no reason 10-12 rich Black athletes or rappers, etc can't team up & put up a small portion of money and open up a grocery store in an urban area. Might cost a few hundred thousand and divided up amongst a dozen of them, it's hardly anything. Why not pool their money and open a 7-11 or QT in an urban area instead of letting the Indians or Asians own them all?
Every black athlete with a conscience should at least try to do a FRACTION of what Magic Johnson has done. Opening up businesses in urban areas to provide jobs, food, etc. At only 10-12% of the population Black people are still some of the highest spenders percentage-wise. The risk is smaller than a possible great reward. And at the very least if you only turn a minimal profit, you're doing something good and it's better than investing in a nightclub or some other high-risk venture. I don't wanna hear about your tax-writeoff "(athletes name) Foundation", because we rarely seem to see any true effects from those things
There's basically no reason other than we simply don't give a f*ck about each other, and it goes no further than that.
Other minorities are doing more with less. Many(not all) of these black athletes from the time they're in high school & college are exposed to nothing but super friendly star struck white people who love them, but mainly for who they are. By the time they get to the pro leagues, many of them connect with being Black culturally, but they've been bred out of the mindset of giving back and they're often shown how to profit off their community, but not put any profit into it.
