Closing Gaps and Moving Statistics to Build Up the Black Community
THE UNCOMFORTABLE TRUTHS
African Americans created an economic miracle in Tulsa, Oklahoma in the 1910s that ultimately resulted in the creation of over 600 businesses. It was known as “Black Wall Street”. The residents were prosperous and had a wonderful sense of co-operation and togetherness amongst themselves. They were successful business owners, directed their own community affairs, and abolished laws that would hinder prosperity among blacks. What was accomplished in Tulsa is inspiring and a miracle we believe can happen again.
The New Black Wall Street is a 4-phased strategic plan for the socio-economic empowerment of the black community in order to replicate the success achieved by the people in the original Black Wall Street. This initiative supports the belief that happiness, equality and opportunity for blacks is found within their ability to prosper as defined in Deuteronomy 28 and Acts 2. Financial, emotional, physical, relational, mental, and spiritual prosperity. This initiative is a marathon and not a sprint. We are dedicated and committed to The New Black Wall Street as the solution to the plight of blacks in this society. Join us as we close gaps, move statistics, and build up the black community.
The median net worth of white households is about 10 times the median net worth of black households.
Source: Federal Reserve Survey of Consumer Finances, 2016
THE HARD TRUTH
In America today there are persistent inequities in wealth, health and opportunity between blacks and whites despite economic prosperity of recent years.
Those disparities exist because of a long history of policies and practices that excluded and exploited black Americans. In order for the black community to grow these statistics need to be changed. That is exactly what the New Black Wall Street seeks to do. Close Gaps and move statistics.