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St. Paul's College and the Future of HBCUs

Posted By: Carlton Banks on September 21, 2013

Saint Paul’s demise should serve as a wake-up call to those who care about the future of HBCU’s and the future of Black America! For more than 175 years HBCU’s have played a crucial role in African-American advancement. (http://www.huffingtonpost.com/benjamin-todd-jealous/st-pauls-college-and-the_b_3961623.html?utm_hp_ref=black-voices). I first wrote a comment about this article when Saint Paul’s announced that they were closing its doors in June. Black American could have saved this college. But many of us didn’t even give it a second thought. We turned our head and gave it a blind eye look and went on with our everyday lives and said hell we don’t need it anymore. Well this is why you need our HBCU’s I have said it once and I will say it again.
WE ALL NEED TO WAKE UP!
1. HBCU's are the leading institutions that train and graduate our youth in America.
2. They serve as major employment centers around the nation and throughout the SOUTH. Providing jobs for our parents, relatives and friends.
3. They are a major source of pensions and retirement plans for our elderly.
4. They provide major health plans for us and our children.
Our problem is that we don't understand how our (Black) economy works. This is one of the reasons why African Americans (AA’s) have the highest unemployment rate in the country and our young sons and daughters keep going to jail. We still don’t know how to make our money work for us. AA”s are the most educated people of color on the planet which is a direct result of HBCU’s. We are blessed with over a TRILLION DOLLAR ECONOMY another result of HBCU’s and don't know how to make it work for our own prosperity. That goes for all of us that attended a college or university period and received a degree.



Because when it comes down to our children there is no discrimination we all get tossed in that same boat.
Every year we waste BILLIONS on cell phones, footwear, cars, alcohol and entertainment. How many billions do we give to our HBCU’s? When it comes to supporting our own institutions and building an economic base for our own future and the future of our children, we turn and look through a Blind Eye like we don’t see it, or feel it and we never have the money! Where would Black America be today without HBCU’s?
There is nothing that a TRILLION DOLLAR ECONOMY can’t solve we have the money and the capability to solve this problem today. With all the education and knowledge we have today we can’t even sit down and restructure how we can fund our HBCU’s which hold the keys to our very own survival! Our HBCU’s should not be in need or want of anything do you think Harvard has to worry about what they need for their students, or Penn State. Well we should have the same obligation that they do for HBCU’s.
Right now we are worse than the Republican Party fighting in the congress to take away anything to help the middle class. We are not even willing to help ourselves. Today we are contributing to the defeat of our own success and progress we are committing ECONOMIC SUICIDE and are in danger of becoming a permanent underclass here in America.
I am ready willing and able to help change this dynamic I can’t do it by myself and neither can you however we can do it together and make it a game changer in America.
Carlton Banks is the founder of GlobalFinet, LLC, a unique economic network dedicated to solving the Black financial crisis in America. For readers interested in moving the Black agenda forward go to www.globalfinet.com for additional information.
write Banks@globalfinet.com
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