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Do for self
Topic Started: Feb 25 2012, 12:12 PM (1,748 Views)
catdaddy25
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Good post ! This is how you can tell the Hero's from the Zero's. Not only would I give money but my time also. If I can pay taxes to help the wealthy then a few dollars for my fellow black folks would never be a issue.
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bilalian1

this is a good post last black man and i will give my 60. it would of been great if you could have added the link to the website as well. i will find it.
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n.W.o.
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The title of your thread is wrong. That is not doing for self. That is doing for others. At the very least it is doing for others in hope that they do something for you which is still not doing for self.

You want to know what doing for self is? Doing. For. Self. Now, if you're trying to push Blacks to give money to a few individuals in hope that those individuals come through in the clutch then you should have titled your thread Give Money To A Few Blacks And Pray They Don't Swindle And Take It To Buy Mansions And Vacation Homes Like Farrakhan Does instead of Do For Self.
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Deleted User
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Last Black man
Feb 25 2012, 05:30 PM
kennyinbmore
Feb 25 2012, 12:54 PM
Last Black man
Feb 25 2012, 12:12 PM
How many are willing to do for self?
I already do for self, I don't need Ballantine to do it for me
You are hopeless in that you can only see past you and yours; however, wouldn't you like to prepare a future for your future generation of family member by helping start a black own food processing plant, Super Markets, etc.
Kenny only cares about himself.

You're better asking NGU to stop posting soft porn.
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VoiceofReason

Last Black man
Feb 25 2012, 12:12 PM
Warren Ballentine is creating a foundation designed to improve the overall condition of the black community. It is a foundation designed for us to work as a group to help each other because he is only asking that people donate only $60.00 a year to bring change to impoverish community by building at the grassroots level. I know many (might be a bunch of clones) on this board have been romanticizing about black wall street and why blacks can work together today to accomplish such a feat. Now you people will get a chance to put your feet where your mouth is with this foundation.

The foundation will create jobs because the money will be invested in a black owned bank which could mean millions dollars, thus require that bank to hire more employee to manage that money. The foundation will have to have some employees to manage the rebuilding projects.The foundation will rebuild/save homes and bring business to the black neighborhoods, thus creating jobs by hiring black contractors to rebuild homes as well as hiring black employees for the business. When we give people hope our neighborhood will become safer because people take care the things they love.

How many are willing to do for self?
So, what would I get for my $60? The warm & fuzzies? No shares? No equity? Would there ever be a return on my investment?
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VoiceofReason

Last Black man
Feb 25 2012, 12:13 PM
Ok i know what im going to do. Im investing back into my neighborshood by donating to the Truthfighters Foundation so Homes can be saved,business can be created that leads to jobs.i believe that we can come together if we try.we need to build our comminitys back up.oim in a AA investment club that's trying to open a business to help otherss with our own money and its only hard because of the Distrust that some of us have with our race. Its time to we help ourselves. Im tired of the poverty,crime&look of Chicago in all the wards. Im about to do something.if you care and want to help go to Mbonline.com and donate to the Truthfighters foundation to help clean up Chicago. Lets give it a try. Thank Warren Ballentine who still give a damn about Chicago even when we dont...Bam:-))

http://chicago.everyblock.com/users/1307/comments/
I like the Investment Club idea and you're right, there's no trust. You have to combat that with confidence and investor education.
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Last Black man
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Blaq
Feb 25 2012, 09:07 PM
The title of your thread is wrong. That is not doing for self. That is doing for others. At the very least it is doing for others in hope that they do something for you which is still not doing for self.

You want to know what doing for self is? Doing. For. Self. Now, if you're trying to push Blacks to give money to a few individuals in hope that those individuals come through in the clutch then you should have titled your thread Give Money To A Few Blacks And Pray They Don't Swindle And Take It To Buy Mansions And Vacation Homes Like Farrakhan Does instead of Do For Self.
It is do for self because as our neighborhoods improves it helps all of us. We have to understand how money works and the way it multiples when it circulates as we spend it. The problem is when we get the money, we seldom spend the money with black business which is why we continue to be the underclass, and we often wonder why other have past us. Did you know that blacks earn roughly 1 trillion dollars which if we spent 1% per week in our own hoods, we could spend close to $200,000 per week.

The best way to understand why we continue is to observe why a third world company have the problem that have:

Tourism Multiplier Effect
Tourism not only creates jobs in the tertiary sector, it also encourages growth in the primary and secondary sectors of industry. This is known as the multiplier effect which in its simplest form is how many times money spent by a tourist circulates through a country's economy.

Money spent in a hotel helps to create jobs directly in the hotel, but it also creates jobs indirectly elsewhere in the economy. The hotel, for example, has to buy food from local farmers, who may spend some of this money on fertilizer or clothes. The demand for local products increases as tourists often buy souvenirs, which increases secondary employment.

The multiplier effect continues until the money eventually 'leaks' from the economy through imports - the purchase of goods from other countries.

A study of tourism 'leakage' in Thailand estimated that 70% of all money spent by tourists ended up leaving Thailand (via foreign-owned tour operators, airlines, hotels, imported drinks and food, etc.). Estimates for other Third World countries range from 80% in the Caribbean to 40% in India.

http://geographyfieldwork.com/TouristMultiplier.htm

We are just like a third world country in that we let the money leave our neighborhood without it circulating through other black hands to create jobs which is one of the main reasons why our unemployment rate is higher than anyone else in the country. I know some wondered why black wall street was so successful and it was said that money seldom left the black community. We need to reverse those trends by spending at least 10% of our money in our own hoods and as we see improvements, we can spend more.



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Last Black man
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truthisrespect
Feb 25 2012, 09:21 PM
Last Black man
Feb 25 2012, 12:12 PM
Warren Ballentine is creating a foundation designed to improve the overall condition of the black community. It is a foundation designed for us to work as a group to help each other because he is only asking that people donate only $60.00 a year to bring change to impoverish community by building at the grassroots level. I know many (might be a bunch of clones) on this board have been romanticizing about black wall street and why blacks can work together today to accomplish such a feat. Now you people will get a chance to put your feet where your mouth is with this foundation.

The foundation will create jobs because the money will be invested in a black owned bank which could mean millions dollars, thus require that bank to hire more employee to manage that money. The foundation will have to have some employees to manage the rebuilding projects.The foundation will rebuild/save homes and bring business to the black neighborhoods, thus creating jobs by hiring black contractors to rebuild homes as well as hiring black employees for the business. When we give people hope our neighborhood will become safer because people take care the things they love.

How many are willing to do for self?
So, what would I get for my $60? The warm & fuzzies? No shares? No equity? Would there ever be a return on my investment?
Nope you get more:
1) Blessings
2) Safer neighborhoods
3) Employment for future generations
4) Increase in wealth for blacks
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kennyinbmore
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Last Black man
Feb 25 2012, 05:30 PM
kennyinbmore
Feb 25 2012, 12:54 PM
Last Black man
Feb 25 2012, 12:12 PM
How many are willing to do for self?
I already do for self, I don't need Ballantine to do it for me
You are hopeless in that you can only see past you and yours; however, wouldn't you like to prepare a future for your future generation of family member by helping start a black own food processing plant, Super Markets, etc.
I raised two college graduates who are making big bank, we're good
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kennyinbmore
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TheDamienofLosAngeles
Feb 25 2012, 09:10 PM
Kenny only cares about himself.

You're better asking NGU to stop posting soft porn.
Exactly, I do for self
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