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CLINGMAN: Money Talk Falls on Deaf Ears

James Clingman | 4/17/2013, 9 p.m.
James Clingman

Do you think you can do that?

I think it's the least we can do, and we must spread this movement across the country. Our dollars speak volumes of positive words but mostly to businesses other than those owned by Blacks. Our dollars also speak loudly – we just need to listen more closely and understand what they are saying. And then we must act upon their messages of power, leverage, and reciprocity.

You know, if Philadelphia sustains the Million Dollar Black Spending campaign, the impetus and catalytic effects from that city alone would demonstrate the strength and benefits of recycling Black dollars like no other movement has done. Philadelphia alone, with its tremendous number of Black businesses, associations, consumers, its history with Richard Allen, the Philadelphia Plan, Leon Sullivan, Ed Robinson, and Kenneth Bridges' MATAH Network, Kenny gamble, Walter Lomax, anchored by WURD Radio, could serve as the model of how to get Black dollars to make some sense. I trust and pray you will support this movement.

Yes, money talks, and Black money talks even more and much louder. Black money is talking and saying positive things to White-owned businesses, Asian-owned businesses, Indian-owned businesses, and the many others that Black consumers support. But, most of the time Black money is only saying "Good-bye!" to Black people. Let's use the new "Philadelphia Plan" to start a new relationship with our dollars by reintroducing ourselves to our own money. Contact Norm Bond at norm@normbond.com.

Jim Clingman, founder of the Greater Cincinnati African American Chamber of Commerce, is the nation's most prolific writer on economic empowerment for Black people. He is an adjunct professor at the University of Cincinnati and can be reached through his Web site, blackonomics.com.