Investment in the Melanin Rich Communities of America
In 2008, President Obama was given $16T in Quantitative Easing authority to correct the mortgage meltdown and save the full faith and credit of the United States. He received this authority when he won the presidency and was not subject to congress. This was Executive Authority. The President used some of his Quantitive Easing (QE) authority to save the full faith and credit of the United States and arrested the mortgage meltdown.
In 2015 the president spoke at the UN Universal Periodic Review. The top three humanitarian crises he alluded to were: Government institutionalized racism, the dysfunctional criminal justice system ( school to prison pipeline) and indigenous issues. In response to those statements, FAU submitted a solution to those problems. He can use the same Quantitive Easing authority he used to bail out the banks and Wall street to address the problems of government institutionalized racism, the dysfunctional criminal justice system, and indigenous issues while stimulating the economy. His remaining Quantitative Easing authority is still standing at $7T which is close enough to accomplish the task.
The same authority which the president used in 2008 to protect the full faith and credit of the United States dollar, can be used as a solution to bail out Main street America and address the problem of our crumbling infrastructure simultaneously while safely and effectively stimulating the economy.
In 2008, the president bailed out wall street. Now, he can bail our main street by investing in the Black Community. As slaves, we were the economic engine that drove this country for centuries. Our labor made this country the premiere world power it is today. The Great America we all know and love today was made possible by the suffering and immense contribution of our slave ancestors. Now, through this investment, our people can begin to be healed, this country’s great sin can be exonerated, this crumbling infrastructure can be rebuilt and the economy will receive a massive boost. The stimulating effect will be felt all over the country and indeed around the world. This single action will be the more important tool in addressing the problem of wealth disparity in America.
JOIN US AS WE DEMAND ACTION in 2017
ERASE THE DIGITAL DIVIDE;
ERASE THE HEALTH DIVIDE;
INVEST IN A GREEN POWER NETWORK;
INVEST IN GREEN BASED SOLUTIONS TO WATER, AIR AND SEWER INFRASTRUCTURE AND REMOVE LEAD CONTAMINATION IN HOMES AND COMMUNITIES SOIL;
INVEST IN DEVELOPING GREEN HOUSING THAT EMPLOYS FIRST TIME EMPLOYEES AS WELL AS THOSE REENTERING SOCIETY FROM INCARCERATION;
SUPPORT DEVELOPING AND CAPITALIZING TWO MILLION (MALE/FEMALE) BUSINESSES BASED ON MITIGATING THEIR CREDIT GAP AND CREATING JOBS AND A WORKFORCE FOR THE AFOREMENTIONED BUSINESSES.