"No Wealth In The Hood" Follow up by Matthew Wulukau June 25 2013
The last blog we posted got a few responses digging deeper into the issues and solutions to Wealth in the urban communities.I felt it was appropriate to post this now with the excessive amount of crime and murder going on this week. So i want to introduce a Morehouse Graduate brother Matthew Wulukau very intelligent young man and active in our community.
Greetings Clarence From San francisco CA- I hope this email finds you in good spirits. I am excited about the eagerness you have to raise awareness in our underserved communities. - I believe it's extremely imperative for African Americans (Blacks) to wake up!!! 1st we must gain a sense of self identity. We must know who we are as individuals & a people. 2nd we must understand the face value of the dollar and find out how (Money) actually works. We must learn about credit, bonds, stocks, mutual funds, Hedge funds Roth IRA, Life Insurance, especially Life Insurance. Life Insurance can be used as a source to generate revenue. In addition to that we must obtain EDUCATION. We must have general knowledge about everything. If we do these things we can control who we put in office. It's Money that elects our leaders not votes. (pay attention)!!! If we practice these things we can have enough Money generated to where we can rebuild our community's we can educate our own. We can have enough to sustain ourselves. ( Underserved community ) Why is it that we don't do business with each other but rather spend with every other race? Why is it that we are the number 1 Consumer with over a total of 800 Billion Dollars in expenditures. ( Clothes, Shoes, Cars, Bling etc... ) Why? Matthew Wulukau Jr