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Reversal of Fortune
Without the aid of coalitions, "affirmative action"--a civil rights movement or legislation--and while facing the gun-barrels of grotesque white supremacy and racism: By 1910, blacks amassed 20 million acres of land.
By 1928, blacks owned and operated, 134 banks! In 2001, blacks own fewer than 4 million acres of land, and less than 40 banks.
In 1930, 80% of blacks over 14 years of age could read. To the chagrin of many white teachers, black students were picking up reading and writing faster than many of their white students.
Some white educators concluded that their Negro pupils actually seemed smarter than their white students!
However, by 1990, only 56% of African-Americans over 14 years of age, can read. Recently, 63% of black fourth-graders failed basic; and are functionally, illiterate.
In a single generation, blacks went from: "intelligent cooperation" to unintelligible confusion; producers to unproductive; employers to unemployed; energized to exhausted; certain to subservient, directionless consumers.
Unless you answer the following 3 questions now, "again, you risk losing everything" in the new: "Covert War On Black America."...
What forces toppled black banking and loan institutions? What virus infected and weakened the psychological immune system and nerve of black people? How could blacks go from literate to functionally, illiterate--educated to indoctrinated?
Knowledge is power!
And in a world where knowledge is king, the answers could make you rich and black America richer still, for generations to come.
The answers are in a "demonstrably powerful" new book entitled: Diary Of An Investment Banker.
Alas, join the Economic Family Of Black Investors (efobi.com): You will discover how to master any economic environment, and thrive.
Copyright 2001, Nehemiah Press. All Rights Reserved.
James Hart, is chief economic counsel and investment strategist at Credit Suisse Acceptance Trust. He is also an author and monetary scientist. Regarding questions, serious financial matters, or general topics of concern, fire-off an e-mail to: James Hart or call (310) 842-5134.
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