“Out of $3.5 billion given for community development, not one black bank was awarded”
Out of all the communities deserving of finally being given some form of repayment, I don’t understand how not one Black bank saw any money just as a fact…but especially given all that America is because of slavery; because of Black men who built the White House, the Capitol and never saw a cent. The cruel, inhumane and unfathomable tortures of slavery – slavery that to this day is going on just with a new name (war on drugs- prison- prison work-another blog).
In 2013 the Oklahoma police chief made an apology for the devastating jealous, racist, fatal theft the white people of his town started in Tulsa, OK or Greenwood, aka Black Wall Street in 1921. Read more about that here.
The main issue I see is; where is the money to help rebuild the beautiful homes and businesses the Black community had in Greenwood, or Tulsa? America seems to think they can take from the Black community and never repay, so long as eventually an apology is given.
I am glad he apologized; but if you are truly sorry, why isn’t action being taken to rebuild what was stolen in the jealous white riot?
Back to the money for community development and not one dime being given to help better the Black community…
The reason Black Wall Street was burned is because whites were jealous and afraid. Afraid because they rode all this way on Black peoples work; never doing it for themselves. That’s the only thing I can figure from their simple minded, insane “brains”. They are jealous and afraid of the real men stepping up. Why, I’m not sure- but the fact that they are so scared shows how powerful an educated Black male is. They tried to divide and conquer under Hoover. FBI cointelpro.
The CIA admits putting drugs and guns into the Black community.
I hope with all my soul this will fuel you to become a success; there is more to life than the lies they have put before us. Rebuild Black Wall Street; I hope I am alive when it is done; I can’t wait to see the Black community rise up and stay up!
But knowing what we do, perhaps that answers the why to the bettering of communities money not reaching one Black bank.
Banks owned by minorities are claiming that the federal government has blocked them out of tax credits that were intended to support economic development in neglected and underserved communities. They are raising their protests in the face of the distribution of funds by the Community Development Financial Institutions (CDFI) – an arm of the Treasury Department – which took place last month.
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