Website encourages Buy Black Movement
OhioMBE – December 1, 2014
A website www.BlackCoalition.org is encouraging African Americans to use their spending power to make a difference in the Black community. The site is calling for a new Black Power movement. They are calling for an economic movement. The site instructs visitors to Invest and support Black owned businesses and Divest from companies that are destruction to the Black community.
The site answers the question, Why have a ‘BLACKOUT’? After decades of marching about outrageous injustice from Police Brutality to Voter Suppression, Mass Incarceration, Unemployment & Low Wages, High Interest Loans, Education Inequality, Genetically Modified Food and Environmental Destruction… our conditions remain the same.
What will it finally take to see REAL CHANGE? It’s time for something new. It’s time to realize our power. It’s time for a NEW Black Power Movement. This is an international protest that you can participate in, right where you are. An economic protest in response to the disrespect, injustice and oppression faced by people of color worldwide. From the U.S. to the Caribbean from South America to Europe from Asia to Africa.
The site lists three ways to economically protest:
Invest. SUPPORT BLACK OWNED BUSINESSES – Currently, only 3-5% of Black Dollars are spent with Black businesses! We must redirect our money and wealth back into our businesses and communities to gain more control.
Divest. DO NOT SHOP | DO NOT BUY | WITHDRAW your money from corporations, businesses and institutions that play a role in the destruction and decay of our communities. Commit and spend your money with Black businesses or don’t spend at all at least 1 day a week.
According to the website: Tens of thousands have joined this movement! We have the power to change the world! African Americans spend over 1 trillion dollars every year! That makes Black America one of the largest economies in the world. Out 196 countries, Black America would rank 15th in the world based on its spending power. BLACKOUT has the potential to pour 2.7 billion dollars back into our community every week and out of the pockets of those who are against us.
Empower! A recent study revealed that if African-American households with an annual income of $75,000 or more increased their spending with Black businesses from 3% to 10%, it would create 1 million jobs in our community.
Imagine if we go all in and commit to this movement each and every week, minimum one day per week! If not now, then when? If not you, then who?
Get more information at http://blackoutcoalition.org/
