Money equals political clout

Backing black business
Backing black business
Rep. Barbara Lee joins NBBM co-founders John Templeton and Fred Jordan last August as Carla Thomas looks on. A. Washington photo

WASHINGTON -- When the Congressional Black Caucus held a town hall about jobs in Detroit last night, it underscored the relationship between politics and economics.

The goal of placing 10,000 persons directly in jobs this month should explain why National Black Business Month 31 Ways 31 Days encourages on Wednesday, Aug. 17 making political contributions to candidates who have the interests of the black community at heart.

Last August, we illustrated the point by hosting a fundraiser for then-CBC Chair Rep. Barbara Lee, D-CA in San Francisco.

However the same principle applies everywhere from the White House to the school board.

Starbucks CEO Howard Schwartz put campaign finance on the front pages yesterday by asking fellow CEOs not to contribute to anyone until Washington gets its act together.

African-Americans have as much at stake in the coming elections as anyone.  As the Caucus has pointed out, our unemployment rates are staggering.  New data indicates that there has been more contracting by the U.S. government to Afghan companies than to domestic African-American firms.

It is clear that the way to be heard is to be visible contributors.   There are numerous ways to join forces in groups to magnify resources.   Take a look at the past performance and stated objectives of all candidates.   When one finds one with the right direction, put your money where your mouth is.

 

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