OUR FUNDING THEORY |
Except for Native American and Black American communities, American communities sustain themselves; especially for job creation, through locally based businesses that meet the community’s retail consumer needs. Over time, these two groups were unable to develop the wealth necessary to capitalize community serving businesses; Native Americans because they were relegated to less productive land and did not develop commerce and Black America due to slavery and “Jim Crow” laws. These experiences are unique to these two American groups. Other American groups all sustain their communities primarily through community based community retail businesses. It appears that Blacks who are in a position to facilitate investments from athletes, entertainers and celebrities etc. to help provide working capital to open businesses in our largely Black low income urban community seem to have some fear of doing this. This is an unfortunate misread of America in 2016. It would be in no way un-American for athletes, entertainers, celebrities to invest a small portion of their monies that are currently invested in Wall Street on Main Street to help economically challenged communities from which they hail. |
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