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Sunday, July 11, 2010

2010 Blacks Still Give Blind Faith Support to Obama

I just finshed reading an article in The Washington Post by Nia-Malika Henderson and Perry Bacon Jr.on black folks and Barack Obama. They raise serious questions on why Barack Obama continues to get overwhelming support from blacks even though we are among those who have lost the most since he was elected.

I finally watched Capitalism: A Love Story by Micheal Moore. It's a great movie that should be watched by every African (black) American. The movie has been out for some time on video.



Michael Moore highlights a confidential report that Citigroup initially circulated only to it's wealthiest customers. Those reports, since leaked, plainly discuss the power of the Plutonomy in America, and how it would only strengthen, as long as the "the rest us" (the non-plutonics) could be kept in the dark about the Plutonomy existence, its role, and its over-arching control in the American Economy. Even though the Plutonomy (the top 1%) control over 50% of the net worth in America -- they don't control the Votes!
The thing they most fear is the principle of "one person -- one vote".

I again urge African Americans to read the leaked 2005 internal Citigroup “Plutonomy” memo, which describes how the richest 1% of the population has replaced the democracies of the U.S., U.K., Canada, and Australia; with a form of government they have coined “Plutonomy.” This made up term means plutocracy, where only the wealthiest few rule and everyone else are essentially irrelevant slaves.

Then we should ask a tough question, why are Blacks still giving blind faith support to President Obama and his administration, when we have lost the most since he was elected?

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