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At least 1-in-5 Americans has no assets or a negative net worth and as many as 40% will not have enough for retirement. That's right, they will not have 60% of their pre-retirement income. In today's environment with rapidly rising costs, most people find it difficult to live on 100% of their income, much less survive with a 40% pay cut.
Is it really the duty of us all, as African Americans to keep quiet about the wars in Africa and Iraq, to shut up about the credit and housing squeezes that are swallowing the wealth of our communities, to be silent about police killings and the continued transformation of America into a carceral state that locks up an absurd proportion of its nonwhite population? Where are we really headed if our duty as African Americans at this time is to bury all our grievances, to be quiet and not disturb white people, in order to "let Obama do what he has to do?"
In this present era of economic and educational onslaught against the African Community in America, it is important that we understand that the rise of the African Centered Education Movement should be linked to our quest for economic independence. We must free the “African mind” through African Centered Educational activities so that we might better understand the importance of economic self-reliance.
