One of the things you should realize by now as an African-American entrepreneur is these talking heads and figureheads claiming to be Black leaders are not interested in your hustle. You would think these so-called Black leaders would be there in front row discussing and advocating US President Obama proposal and his passing the JOBS Act. But what you are seeing right here and right now is what I’ve been trying to tell you from the beginning – these bought and paid for fake Black leader phonies can careless about Black people getting better and just want us to be victims that vote Democrat out of fear.
Martin Luther King, Jr. fought for social injustice and as a result, the passage of the Civil Rights Bill went into effect. But Martin Luther King, Jr. was fighting for something else and that was economic injustice in America. Unfortunately, Martin Luther King, Jr. did not finish his fight against economic injustice and the fight against poverty. The way you win the fight against economic injustice is to create economic empowerment which was supposed to be the intended goal.
After Martin Luther King, Jr. has fallen, these other cats who supposed to be leaders and fill in the shoes and was standing by King ain’t done a thing for the struggle against economic injustice. In fact, the most they done was look after themselves and became bougie and looking out only for their own inner circle people. There were many Blacks who wanted to be entrepreneurs and many of them opened up businesses but they could not progress due to bigger fight of economic injustice was still out there.
To this day, African-Americans still face economic injustice where we cannot get loans, cannot get VC funding, we are ripped off when it comes to financing with higher interest and insurance rates. Then there is a circular reference claiming Blacks default on loans when they give us unfavorable predatory loans that poor Black people found hard to pay back.
Then this economic injustice went into the coping syndrome where rappers are bragging about being “signed” and financed by record labels and going broke when they could have release and distributed their own recordings. Then you have Black Web 2.0/NewMe trying to be liked and validated by Silicon Valley just hoping to see a headline of them getting $40 million in funding lead by a round of investors so they can feel important in the tech game. All of this is what we seeing because of the failure of post Martin Luther King leaders who did not take up the unfinished mission of creating economic justice through economic empowerment.
President Obama took the next step and fulfilled Martin Luther King Jr. unfinished goal of economic justice by proposing, getting passed and signing the JOBS Act into Law. None of these post MLK fake Black leaders accomplished that – President Barack Obama did. Do not pretend to forget these characters like Al Sharpton was supporting Hillary Clinton, not Barack Obama early on. Now there is legislation in place to create a new framework that allow African-American entrepreneurs to have access to market capitalization and new channels for many African-Americans to invest in their own people and create a corporate-stakeholder relationship to create social responsible firms in our community, for our community.
You have never heard and I never heard in my life this Rev. Al Sharpton ever talk about entrepreneurship and advocating we start our own businesses in our own communities. I seen this cornball run around screaming “we want jobs!” at his rally as if the Koch brothers should hire him to work for Stainmaster. Have you seen Ben Jealous or the NAACP create one report, one whitesheet or backgrounder or briefing on creating economic justice for the advancement of colored people? Well, have you?
And of all people, Marc Morial is the biggest fakest character of them all. This Urban League main goal or I think their goal is to create entrepreneurs and you go to their web site, they talking about Trayvon Martin instead of economic development. Again, no blueprint for creating economic clusters, identifying real opportunities for African American entreprenuers and their Urban League functions are filled with bougie bowtie wearing clowns and uppity chicks wearing evening gowns with a look in her eye like she haven’t been f*cked in a year.
And I haven’t even got time to talk about these other fake ass clowns like the 100 Black Men who want to brag to me and you about some poster child example instead of a framework example. Or these stupid ass “elevator pitch” contests trying to hear and steal some Black entrepreneur idea. Then on top of that, we got all these other fake cats like Earl Graves and Black Enterprise who spent more time ego-stroking a few uppity Blacks with coverage instead of addressing the whole issue of Black entrepreneurial development to create Black economic power. Black Enterprise don’t even have many articles in their entire history on many successful serial Black entrepreneurs who came up from the Great Migration and built empires in Chicago, Baltimore, Philly and other up North cities.
None of them were there when President Obama signed the JOBS Act because none of them advocated for Black economic development. Marc Morial presented some 12 point bullshit to Obama about funding the Urban League initiative calling that a solution – that Marc Morial 12 point crap was in that original proposal Congress voted down and told Obama to go somewhere with that crap. So President Obama broke up his proposal and submitted the parts that would likely get passed and the JOBS Act was one of them and the most significant. And the story ends that US President Obama as the first African-American to fulfill Dr. Martin Luther King Jr. unfinished task of creating laws to support economic justice in America.
With all that said, if you still want to follow/admire these fake ass Black leaders, then knock yourself out. But I strongly believe me and the next generation of brothas and sistas see US President Obama as the true model of a Black leader and the one who created the framework for our progress and did his part to complete the second tiered of the Civil Rights movement by creating economic justice with the JOBS Act. We are now in a position to do for self, fund ourselves among ourselves and create companies that create jobs in our community and empower ourselves and our future generation.