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Bottom Line

African-American’s Buying Power Projected to be $1.1 Trillion by 2015…

Is AA Consumerism a tool for improving AA quality of life?

Should African-Americans use their communal spending power (one trillion dollars plus annually, Nielson Co.) to influence how corporations and small local businesses treat them? Jobs and contracts for services could be a goal of negotiating consumer support for one company instead of another. My focus is on providing support for businesses that you like because of how they treat your community, as well as realizing the power of “selective spending”, when done by a group.

It is common knowledge that the more units that one purchases, the greater the potential discount. Think about “fleet sales” in the auto business or insurance for a group that represents the million, plus people in your national religious and social organizations. Think about the development power of a one thousand people (we have churches larger than that) whom each pledge to spend $50 a month with a small business. Choosing the business each month could be based on shared economic and social values. I would be concerned about hiring practices and general support/giving back to the community.  Local small businesses would be elated to receive that business support.

So two thoughts, first consider the national power that could be generated by focusing/negotiating one trillion dollars for increased delivery of products and services as well as jobs and contracts, and second, create small spending focus groups designed to empower small businesses that help train and employ our children as well as support community activities. Let’s talk about it. Email me at walleniv@yahoo.com.

 

African Global Economic & Development Summit

BOTTOMLINE: Publisher’s Commentary…By Wallace J. Allen

If you are a business person, you are possibly able to supply a service or product to one of the countries in Africa. Africa is host to six of the top ten fastest growing economies in the world! Almost all goods are imported in Africa. You do not have to manufacture in order to be a supplier. You can learn the export process and meet people that you can do business with by attending the Summit.

Africa is looking for American companies to do business with; for example, there is a 7 billion dollar funding initiative to help double power generation capacity in Ethiopia, Ghana, Kenya, Liberia, Nigeria, and Tanzania, which includes oil and gas funding support in Uganda and Mozambique.

The African Global Economic & Development Summit 2014 is featuring the following industries: Power Generation; Mining; Renewable Energy; Oil and Gas; Bio Fuels; Finance; Agriculture; Telecommunications; Building Construction and Development; Environmental Remediation; Medical Facilities; Education; Public Works; Hospitality; and Wastewater Treatment.

If you are interested in doing business in Africa, you are encouraged to attend the summit on Thursday, August 7 at 7 a.m. to Saturday, August 9 at 5 p.m. The event will be held at the University of Southern California (USC)/ (Hedco Auditorium – Seeley G. Mudd Building) located at3620 McClintock Avenue in Los Angeles (90089). Use entrance 6 off of Vermont Avenue and 36th Place.

For more information, call Mary Flowers at (909) 396-5141.

 

Does It Take a Recording to Make You Believe Your Eyes and Ears?

BOTTOM-LINE…Commentary By WallaceJ.Allen 

A billionaire, White man’s response to seeing his Black girlfriend with a Black man has caused more references to the “horror of racism” than the disproportionate number of Blacks kicked out of school, the disproportionate number of Blacks that are poorly educated when in school, the disproportionate number of Blacks that are unemployed, the disproportionate number of Blacks that are jailed, that live in poverty, that are without health insurance, the disproportionate number of Blacks that are homeless veterans, and the list goes on.

We cannot transfer America’s race relations problem and remedy to the Donald Sterling saga. Can everyone that is condemning Sterling pass the Michael Jackson test? The test that requires one to “look at the man in the mirror”? America’s racism is documented in our institutions. The reality of the race-problem is trivialized by the concept that an illegal tape recording is needed in order for the problem to be seen. Do we need to destroy our privacy rights to justify punishing acts of racism?

An illegal taping was used, again, to give us information that no matter how incriminating, is not new. How exclusive are the feelings expressed by Sterling? Are we satisfied that he is the only “rich White man in charge” that has made racist remarks or even performed racist acts?  As we place cell phone cameras and recording devices throughout society, do we want to simply trust that our privacy is respected?   So, as we joyously embrace the illegally taped “redundant evidence” of Donald Sterling’s racist views, do we also tighten the noose that is chocking the life out of our privacy rights?

The “last straw” concept is valid but how many straws do we ignore before one qualifies as the last? There were enough straws polluted in public by Sterling to have done something about him long ago. I am among the elated regarding Donald Sterling’s come-up pence, however, I think we all should be concerned about the tendency to sneak up and record a person in their private moment. WHAT DO YOU THINK?  Respond to walleniv@yahoo.com.