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Thursday, January 1, 2015

The Neo Conservative Black II



II

By

Sampson Iroabuchi Onwuka

There are stories about these Black Business men and women, some of whom from Africa who got involved in community development and when the attention was given to them, they absconded after receiving the deals and other enhances. There are cares of African Americans in Business, not just in business in U.S but elsewhere such as the Caribbean and as soon as the business went awry these people packed and left. There is a well-known history of the fracas between Marcus Garvey and W.E.B DuBois concerning the investment of African American churches and some people with money and a result of the competition between Garvey and DuBois, the rubber plantation investment in Liberia became a total disaster. It is now known or at least suggested that Dubois may have had a hand in Garvey’s disastrous business enterprises although there were others working for the then FBI under Edgar Hoover, some of whom engineered the downing of Marcus Garvey and some of whom did not respond to his captivity in Switzerland or thereabout and in the end, Black Investors lost a large portion of their business.

1850 may be considered the beginning of large scale coffee production in Liberia. It was also the beginning of African America enterprising with Africa. A century later most business began by African Americans will be completely anathema. The Coffee production like the Rubber that came later experienced the business cycles; its boom and bust, then a reset like other markets. Liberia business may have reached a reasonable permeable point with Harvey Firestone rubber plantation, but it was destined to bad fate of conjurers of business exploitations from Asia; Indonesia, Korea, Philippines, Taiwan and to some extent proctors from China who proved more resolute and organized. It suffered additional setback from the competition from Brazil, bedeviled in plier by the Lord Lugard’s report after Mordechai Johnson’s investigation and NAACP foreign policy mediation; Johnson-Christy Commission, by the misanthropy of W.E.B Dubois in which he unfailingly sabotaged Marcus Garvey’s Black Star Line. With the coming of imperialist rule to Africa, African Americans where no way capable of dealing with international politics on a large scale, that much interest regarding African American business in US and in Africa came to a grinding halt largely on reports of abuse and indoctrination suffered in these area, a problem that was also common in South America. But these connections were effectively severed.  Could the breakdown have been blamed on the colonist ideology of the 19th century, for this dry weather between Africa and Africa American blacks, or was it an outcome of newer opportunities in America insured by the quota system adopted by FDR as a sea admiral. Here the chain of businesses established with interest by pioneer business opportunist faced by the more competent issues of non-for profit and charity. With the idea of generating profit for Black Entrepreneurs and Freed men and women of the Baptist and Quaker Christian churches in US rising to new realities, they were no longer at ease with minimum investment, there will looking to better their investment position which created the impasse of politics between the tribes, that there has always been the issue of embarking on a journey to Africa for business and for land acquisition, the story about their survival is well documented but with advent of oversea business in Africa in very recent times by Africans of diaspora, there was a large swell of emphasis on production and manual labor, which and without which, money and banking is not stable. Elsewhere  

There will be Paul Cuffee, Orlando Equiano, Martin Delany, and others, but Rodriguez leads Wall Street to New York and in extensor, US, in particular New York Wall Street where of Blacks in Wall Street for history sake mirrors the idea of one Wolf among lions, or one black mane among the White Bears, the many will drown you and will win out.

Carl R. Osthaus ‘Freedman, Philanthropy and Fraud’,…The freedman Bank (re-write) listed the Bank had its headquarters in New York and eventually Washington D.C and then other branches such as those in Louisville, Richmond, Nashville, Wilmington, N.C., Huntsville, Memphis, and the proceeded to other places such as Mobile and Vicksburg. It is common history that the end of the 1866 and the 14 branches had opened and had a repository of $199, 283.43. And then by 1871, the Bank has opened 34 branches. The initial deposits from New York rolled a total of $700.00 initially and carrying from other banks $7, 956.37 and by 1874 it accounted for $57 million. These numbers are also discovered elsewhere. Even if add the reaction of Reginald Washington research on his ‘Federal Records and African History’ (Summer 1997. Vol.29, n0.2), “The act had a clear objective and purpose; a single savings institution created primarily for former slaves and their descendants. The deposits received by the bank...with the exception of a final set aside for operating costs and other emergencies...were to be invested in “Stocks, Bonds, Treasury notes, or other Securities of the United States.” The Charter suggested that “no loans would be made” and that “all the assets of the Bank were owned by depositors in proportion to the deposits of each.”’ These point appear in Carl R. Osthaus ‘Freedman, Philanthropy and Fraud’ and Osthaus placed emphasis on the point of the Bonds and Securities, suggesting that it was given the right to invest  the depositors money but not to loan it may mean that the ‘Freedman savings and Trust’ was not a Bank but a company.  And the maintained that ”Contrary to what many investors where led to believe, the Bank’s Assets were not protected by the Federal Government” but they had branches in Vicksburg, Richmond, Charleston, Savannah, New Orleans, and Houston. 
Freedman…
Reginald Washington research on his ‘Federal Records and African History’ (Summer 1997. Vol.29, n0.2), “The act had a clear objective and purpose; a single savings institution created primarily for former slaves and their descendants. The deposits received by the bank...with the exception of a final set aside for operating costs and other emergencies...were to be invested in “Stocks, Bonds, Treasury notes, or other Securities of the United States.” The Charter suggested that “no loans would be made” and that “all the assets of the Bank were owned by depositors in proportion to the deposits of each.”’ These point appear in Carl R. Osthaus ‘Freedman, Philanthropy and Fraud’ and Osthaus placed emphasis on the point of the Bonds and Securities, suggesting that it was given the right to invest  the depositors money but not to loan it may mean that the ‘Freedman savings and Trust’ was not a Bank but a company.  And the maintained that ”Contrary to what many investors where led to believe, the Bank’s Assets were not protected by the Federal Government” but they had branches in Vicksburg, Richmond, Charleston, Savannah, New Orleans, and Houston. 

That they used advertisement bearing Abraham Lincoln and Senator Oliver Otis Howard, leading the depositors to believe that their money deposits in the Company – which they took for a Bank were backed the Federal Government. This we can understand was not true at all, for sure, the experts including the founders and bureau that managed it by names J.W Alvords and Company would have known that Banks in the United were backed at some level by Federal Government, especially when these Banks also issued Insurance. Historically, this continued till the 1930’s of the FDRs and the slitting of Insurance from Bank operation associated with Glass-Steagall Act. 
Black Wall Street such as Greenwood, Tulsa, Oklahoma (2) Jackson Ward Virginia, (3) Parish Street, Durham, North America…. The place where business thrives the most for black should include Baltimore Maryland, although the misplaced opportunity in Baltimore has left the City still in the hands of rich whites, but the attitude of European Americans to others and African Americans is higher pedestal than most places, but the economic ties is long severed and against the generosity of the state Maryland, new émigré into Baltimore are shifting the landscape from the center which is very bad. Baltimore has one of more effective black communities and one of the most intelligent, it also has one of the largest concentration of generally uneducated or badly educated African Americans. Black and Indian is Big deal in Baltimore and their patient wears thin for anything other their kind who is seeking to crack into the system. System is corrupted but the history of Baltimore and beginning of Civil Right makes it a social sensitive environment but there is real estate to look at. Unlike Durham which has a Black Wall Street now at parity with its past, or Tulsa that is no longer available, or Jackson Ward Virginia, most Africans with little to spare find their presence in Maryland congenially acceptable. Business in Baltimore may be slow but real estate is rewarding. What the town lack is what Atlanta is seeking to make up, which is the growth of any economy and how well the economy can function under these circumstances.

What these explains is the necessity of rating African American mayors of US through a process I think should involve judicial City management and the transforming prospects of Black communities who are bedeviled with unemployment, welfare and shelter crisis. Foxx sifted through bi-lingual challenge that erodes with vision one language and saw the influx of the Mexicans and other blacks respectfully orchestrated with even a tendency for their increased population number in Charlotte. We come close to the fact that a Neo Conservative like Foxx has both a necessity and a new mandate, but the problems of emphasizing African American community and others minorities need to respect or toe the line of reasoning. We draw from this, that communities where African American are at least 30% of the population and in places where they are 50% such as Washington D.C and Baltimore, and to some degree Detroit and Atlanta, emphasis on the transformation of City’s poor and reduction of Welfare dependency especially in adult category, and the enthusiasm that perpetuate black leaders towards excellence is the chief determinative for a Black Mayor’s success. It is imperative that such is the case, for sure it has not being the first second and perhaps the nth time that attempts at creating a rational basis for some of insufferable assumptions on Blacks, or paper margins of people of color, or the virtual and enhanced redemptive endowment and relief towards a realized better living conditions for African Americans. A consistent studies on what could have spilled on the cake for a better America are the issues of identity as I have opened up, the problems of discontinuity or successive failure to perpetuate a change which is has to the first issue bedeviled in kind by inter-marriage and the social status that means and authors a cadre of loading upper rungs. It is here that a special emphasis on what accounts for these new changes and perpetuity. Should the discharge of most Blacks towards for instance Civil Rights as we have had it in the 50’s and 60’s still remain the format for addressing African American problems? Or should the struggle – if there is any such war – continue to promote itself on the confines of academic exercises and political representation such as the Black Caucus and the few or the many Africa Americans who are now appointed into sensitive offices including political appointment and elections, producing Mayors and Governors, Senators and even the most sensitive office – the head of states. This possible induction of material benefit of the 60’s is not transferable to the Black progress without a collective measure to exercise the best laid option towards ending specific interest areas of American lives. I take it that Welfare is both good and bad, necessarily a problem given the weight of responsibility that Government is required to bear from the shoulders of very active and healthy working class African Americans. But there are not the only ones, for if we look at the real blanket problems of Welfare and social services, these presumed active threshold of the Country are not benefiting from Welfare. Out of the 100 list of Welfare based organizations and interest groups in the United States, only a striking few, very regimented and very few are owned and managed by minorities or in direct sense, African Americans. Out of every dollar sent out by the Senate including the so –called omnibuses which allows for instance Obama and his compeers to measure its creative use and employ, only 0.08 cents of every allocated dollar towards meeting the least problems in African Americans communities actually reach them. There is no body who knew this fact any better than President Obama and his wife, Michelle, both employed in Law Chambers with effective access to Welfare and community organization. Chicago is not free from the problems of exploitation given the many years that has employed useful membership of the Black community towards dispersion and end-use of the least allocation of Welfare. If one is looking to even look at this problem effectively, he or she needs to try its time in Baltimore Maryland, that no City in the Country is so exploited with élan that the efforts of the Mayor of any race, especially African American can effectively reverse the problems saving the direct assistance of the State and the Nation. But like Detroit,  

But the 1950’s U.S Supreme Court struck down Jim Crow, many U.S Cities picked up its demographic and this period more than the 20’s gave serious impetus to the Urban to City migration. The very rapid nature of this migration gave birth to problems of allocation. The first mistakes that Americans did and particularly Whites were to isolate every other person from main stream business and ensured this choice through the election process. By isolating these migrants from main stream politics and from main stream business, many of the largest growing business Cities in the United States

The Mayors are to be well rated according to their performance and their respective business environment, for instance a head to head comparison between Stephanie Blake of Baltimore and Ivy Taylor of San Antonio leads as much answers and they many questions. A compere between these two African American women suggest a sparing of impersonal investigative survey, that Mrs. Stephanie Blake-Rawlings is not much an administrators as she could be called a business woman. But the difficulty her administration experiences with very rich blacks of Maryland and Baltimore create is complicated by her failure to actually transform even the least Welfare cases in Baltimore. She is a 2 of 5 stars U.S Mayor, possibly lower, but has a three star for the emasculation of large populated Baltimore by the State of Maryland. Sheila the former mayor may have started some revolution and procured a vision for Baltimore, and was easily a three star with a motivation to the pedestal of four stars but was sabotaged by people working for attorney general of the City which was Stephanie Blake.  Ivy Taylor currently Mayor of San Antonio, is still trying out her hands as a leader when the best of us where no longer in San Antonio. But black businesses in San Antonio were also nowhere and lacked visibility saving for a certain category more loyal to Spanish roots than Native American and African Americans.

The extreme poverty of black leadership in San Antonio feels that she could not have been in a position to help as a deputy Mayor and whether she considers herself part of the African American Community is an answer that time can explicate. She is from experience two star mayor, at least able to maintain her course as Mayor – which is the total and ultimate good, how she transforms lives, especially the very bad conditions of black businesses is the chief challenge. She is most likely a different kind of Neo Conservative Black. Svante Myrick of Ithaca, N.Y are too young in their post to have us exercise judgment but seem to have generated enough buzz on responsible than Byron W. Brown of Albany. Albany at least for many years has been the deep ends of violence and poor economic strategy, and it’s not without the presence of African Americans in large numbers. But Cory A. Booker of Newark New Jersey do not rank with Anthony Foxx, former mayor of Charlotte from experience, the fact of Charlotte being more fertile for black business than even Baltimore is an idea that came through the City planners. It was an educated product of vision and transparency that allowed business from both White and Blacks to transform the City landscape. Perhaps the mayor before Anthony Foxx paved the way, but the management style of Charlotte until his federal position pushes him to a 3.5 star. 








(II)

What is the definition of Black Business one might ask, and here we take a second look at the operational dynamics of African American business men and women in many works of life and determine that a Black business is any business began first and foremost by African Americans and their relative kind, maintained with the purest intent at profit; either in concert with African American or without them – solely for interest of generating highest possible dividend for those who harbor implicit faith in such an enterprise, thirdly, that it was invested with direct see of a peculiar neighborhoods with majority of the crème of employment entirely if not particularly devoted to black employees. Of course the idea that wins the rest of us, including Rainbow Coalition, Pan Africanist, Black Arcana, Arcata Africana, Black fraternities and Sororities is one ultimately philosophy ‘total good for the total community beginning and ending with our kind’.

Of course the total good encompasses the actor of charity and charity in power, which from the total good from the general neo-cons who are replacing themselves from the corridor of Black Conservative, whose livid crime is not exactly economical, but potentially economical for other reasons have founded out of their Black existence but ended up in the mantle with the least concerned proboscis about the death and dying in some special neighborhood. Some might ask, what is the example of Black Conservative business enterprise and how does Neo-Conservative Black of proper and legitimate meaning from both Democratic and Republican bandwidth compare and retract? An example of this Black conservative with breadth (living core of the existence being of traditional blacks) and width being of the consumer lines with emphasis on Blacks, look into their franchising and business operation, end games up employing a large retinue of even the least approbation of all classes of workers and employment to be far removed from their kind. One of which is our good and proficient business inductee of Basket Hall of famers; Michael Jordan, employee roughly 70% of his payroll of others who never bought a single pair of his overpriced sneakers through his embellished career and after… Another example is the wunderkind of hip-hop, classified as a mogul and one of the richest in the direct and equal prolix of business by talent showing in the names of P. Diddy and Sean John to be original has the same problem. His answering machines, lace of working engineers, his lobby technicians, his factories curve, his direct assistance and personnel of meaning has nothing in showing and in kind common to Sean. What a pity that mainly a stock of special and primitive type in Brooklyn and in Bronx where among the first to identity and patronize his brands. What is the motivation here? It is extreme of conversion that reasons from other acts other that street psychology of some of these African Americans and some with weak and fetish embracing of a past with no meaning who end looking down on these truly exceptional materials. In reaction to a past that seem to protect they decide to find comfort in the heads, shoulders and arms of those who take at least half as serious. But it is not these candidly and known generous Black titans that are victims of business emollient train.

There is the Oprah Winfrey whose anger easily festoons on any remote hints of infamy with her kind, yet cannot boast of anymore African Americans within her ranks than nearly others who would not even hire her let alone her type. These are proactive Americans, some of whom are trail blazers in their field and would have allowed the age to eat them up had they for a minute shifted in their personal and total commitment to brand and quality. It is however an emollition train given the tendency to fret and deliver without a prospect for longevity, as if all business such as those enacted and pronounced by Thomas Curtis (50 Cents) only graduate from local to Pepsi brand. Thomas Curtis, Earvin Magic Johnson, Ving Rhimes, and to smaller extent Oprah Winfrey but higher pecking order Michelle Obama, may be considered consummate Black Neo Cons, the first two and very last are leading eagles in the green cadre adding perhaps Steve Harvey and Tyler Perry.  This may appeal directly to business and the structure of running international or local brand names, such like those of Sean John and Thomas Curtis that are popular in US and UK, are sold with effective returns in South Africa, Brazil and Nigeria. There are other groups from mainly political and academic framework. These should include Henry Louis Gates Jr., Louis Farrakhan, Al Sharpton and the leadership members of the NAACP. The problem is how well we can integrate these groups of morality based leadership and attempts at presenting several ways of looking at the African Americans to the very idea than transcend the virtues of moral lectures to something more pro-activist through the lines of Cornell West who is not the most leading or the more structure based model of African Americans society in the 2000’s. J.E.K Walker should belong in this category largely for her editorial process leading to the Encyclopedia of Black Businesses. These engines of transformations do not meet or exceed the expectations for Black Neo Conservative, for at least in limelight of the actions of Louis Farrakhan and perhaps Henry Gates, there is a conservative attempt – if not ultra-right attempt reproduce African Americans of their charisma. The charismatic clarity of top business men in African American encyclical, who like the ancestors Madam Walker and George Schuler, directly trained, employed and fired African Americans more than even John and Johnson products or the latter pro-African American markets as with Ebony Magazine, put an argument that as much as these groups of intellectual based leaders of the society are concerned, passing on the legacy of men such as Andrea Brimmer at the Federal Reserve, whose competency in the reign of Arthur Burns as Fed Chairman and Richard Nixon as president is under studied. But like the many examples of the grace which prove of character afforded greats such as Michael Jordan or lateral opponent Charles Barkley, see these individuals are slightly over cast of the basic demands and expectations in riding and keeping African American business. Of course, Madam Walker is a rigid example in over-all American business idea and franchising, a pacesetter of her own right in narrating the explosive interest and profit in patronizing African American business, loosely based on well-studied introspection of what blacks and their market needs and seeking means and ways to bring their final product to the market. These triumphs which spear headed the latter day conglomerates such Walmart and Duane Reade, was in the time of Walker financed and terribly organized by African American banks. But there were others, and there were other foundations and banks,    
       
In the past, Pepsi has had their own share of problems with these African Americans regarding employment and employment opportunity and took long swaps independent and collective efforts to transform the enigma that was Pepsi from Pepsin produced first in North Carolina, to a company that marginally employed Blacks. Look to permit that all the franchises that encapsulate 50 cents covering all brands (more than 19) including energy products that he is one of the pioneers in its delivery rate still retain a handsome number of Blacks. It is also from Curtis – in spite of his past – that may have toed the lines of Joe Louis that was one of the earliest Black business partnership with Pepsi, torching in this case, the new and well-found assortment of fruit and crème soda variety emulated by Shaquille O’Neal who is nearer to public access than Kobe Bryant that is virtually inaccessible. Likeability is not an endeavor’s keep but from the tasting for new materials that attempts to torpedo other brands in his meaning including its promotional ability, the not-so easily likeable but total effeminate with public, Funk Flex, failed, resurrected and bolstering experiment through Ford do not meet and qualify as entrepreneur but showers excessive meaning on how well and to what extent can the general public ameliorate a star torching on his product and the identity. He is a Neo-Conservative, majority of his working crew are comprised of several types, his automation for throw-back music is not betrayed by his choice of employees including or excluding those that toe his lines of taste, but all the same, he is patronized for the good and qualitative adhoniem and his volubility are no article of dissent. It is the beginning and not the end to argue from the lines on where to place the Timothy of Black music industries, timothy as opposed to peter, for a fact that Russell Simon addresses to new and familiar groups, that he is in Latin what he is America, and so on to the viable competent extent, that he is conspicuous messenger of the Hip-hop community and in his raconteur of the left and right of the conflicts, battles, and fathom of despairing that attempt to bar the ways of many young upstarts, he fades in his failure to mingle to the least accessible level with a more pronounced Magic Johnson and his Magic Theatre. A consummate neo-conservative Black, Magic Johnson is not an American heroes though by peril has more than placed his ink in the dubitable accounting of business life in America, from basketball snake pit, to the hall of famers, to dodge ball of CEO, now a managing partner of LL Lakers and yet a pioneer of no small measure in employing for total good of the community, African American at least in verity. In plausible that some persons of his meager do suffer from either a color-strike defined by the potentiality to co-op with his types, or in vise ridden tendency, place a formal and psychological compromise with others of similar taste but from a separate boulevard willing and able to work with such a oneiric. Such oneiric may include the amphibian psychology types such as J Z, and the rotary of pigeon psychology types in his Roc-a-feller music rotunda, yet his shown the mantra for dealing with unfamiliar others. He is not so lucky, since every now and then some overt commissure accessing shortage in talent delivery begin to pick their nose on what fence he belongs. Such dividing lines are generally thinner with Beyoncé she is perhaps a lac than lilac, yet from imposed self-didactic she is an instrument for her more appealingly crowd. They are not far from others; the others are not far from these. For if we take into account some elders whose years in show business is long celebrated, Bill Cosby for philanthropy and another renown of Global meteoric, Eddie Murphy, these engines of new entertainment are no new comers but are toeing a line that make them seem entirely a star so from the earthly mien. It is barometer of economic and academic process that permit the old, the young and the desiring from ensuring that as long it leaves it clear that there is such a thing as business and such a thing as America which has a history, their past, present and future are intertwined that a collective idea of only shortest pieces of change is more powerful than the greatest efforts enacted by single or collective few others. In here, from all composition of identity which is still evident, these men and women mentioned, such as Mary J. Blige, do not suffer from hints of misanthropy since their ultimate enduring panacea is total possible wealth through final products that deals with challenges. For if we care to place entertain as a chief product in this case, Sport and Television Personal in the purview of American neo-conservative Blacks, we would have made a mistake. In terms of the man who feeder the country, it may presume that spirit of exclusive demonstration of one’s prolix or conversion of prolix indignation to material use did not fetch or avoid him. Going at the rate at which he has more than any President dogged all the crime littoral in Washington D.C, whose extensive cloves for kingpins are only realized of late to Detroit that was left dying for the uncounted Blacks who by the 50’s voting became part and parcel of Detroit, leading to suffering from civil and civilian abandon. Obama as a neo-conservative is a chalk in the teeth, but with it is the arithmetic of the requisite surgical procedure that must put a lasting plaster of what neo-conservative black should look like. Perhaps the attempt to look at composition of some of the parties that gave wings to his officialdom do include many of his types but whooping number of the hands that enabled his rising to office where from somewhere else. This proof of discipline is the two and probably extended particularly of what any component or tried hands of neo-black could look represent that it measures its definition from the legs and hands that embrace its participation and what some of us who are young and may be so, may consider a direct and final meaning of these true black. No phantoms no despair, no freight, for some say ‘they serve all they triumph all’ leads two camp of self-devotions from the ashes of the past, it mirrors a comfort that do serves it meaning but meaning meeting to others. These Black Knights has no parity with this kind, among them however are engines of their past, some f of whom by name and by certiorari are both front and backing to the meaning of the word black. No measure no standard too high, leaves us with another theme that looks into America and no only that, into the larger mirror of the world. It is here the veritable standards which are propped by the histories of these United States, in fact trying to understand the role that it plays and the chief meaning of the some varied experience of his community of sojourner’s compels a new and forward meaning a neo-conservative. Perhaps they are neo-conservation from Latin and from Europe as where precisely speaking blacks find themselves far from their watering holes and their families, for here, in these distant lands, what makes investment possible and what makes the culture representative viable in business dedicated to these Americans is equally rewarding in terms of business. Once, a man has argued that he is Latin American but wondered why there is no single black in the whole crow of TV episodes and the why they lack the most in compere estimate of the business opportunities in South American and in US. In pliable theme of the composite that enables an audience attentive, it moves to answer that these people do no amount to much, at least are considered, part or central to some milieu that observer happiness from his own calendar. It is only in the foray of others that attempt to see from wanting the need to be equally represented. In all, shooting for instance black and mainly black is a racial glossary or glue. But infinite definitions of good and solely good, usually proceed from an observe whose idea of a hero and a villain is from his psychology of pedantic and his philosophical vise of ultimate ‘self-preservation’ only the seed of the heroic, the enduring, the sympathetic, the shepherd, the mother, and so on is embellished from the livid core of his or her own. It is how we see ourselves in the long and tedious culture of representation and chain of positive influences and continua, that a form of unnerving and unyielding shows its lamp in the canopy of kinds. What and how a films with a ‘Pithoris’ (murdering a beloved with many bullets in names of rogue entrance and false break in) can a kind assume the end to be averse to his or her own sole. In this opening and reconnoiters view of the lame expectation of coloration or discoloration in business is from the apses of confidence built from themes and other emotional apses of cultural and mental representation where one is the tail of the other ending. Assume that we shoot for instance Black in another kind and in another world, for other emerging from a different stroke of another world would only incline his or her judgment derived from seeing any of these images even in all secondary and primary translation, that these images are blacks. Put it elegantly, the culture of representation and meritocracy of amelioration is a self-indulging capacitance that recreates images as according to kinds. For if see American as remotely dissent over the boundary of types, it is not because of the racial intricacies or discernably of the colors and types, it is from the engines of self-imaging no less in wealth no less in person no less in ideas.  Race is a passport that bad for traveling in the United States, but a man’s fowler fortune do not prepend to the moral dictates of others, for when we dismember the normative caricature of general theories which presumes all good to have begun and ended with a lone star or lone kind, we are fruitfully misleading the vultures that await the tarnish and descriptive flesh of the souls long suppressed. Imagine that for African American business that there is such a thing as profit, which is the ultimate wish of all asunder and all  system dynamic, but the lacing of these profit line is a mirage obviated from those who patronize it the more, we notice that we are no longer important in the party and assembly line we started. If these were not to mean profiling or racial reconnoiter it leads to some assumption about the poverty of Blacks in a culture that is also equally theirs. In common theory of rich and affluent which in money language is different from Wealth and Foundation, these skirmish and surged item no longer appeal, what works is money, from any source and from any means, and here, nearly every group of the Americans can pick and choose who they want sole and if not largely from the fronting of talent rather the coverts exploitations of a repressed market value who will be happy to Uncle Samuel Jackson in hit and run movies, where he had starred in over 120 movies along with ….but of these two including the Will Smith could be said to have actively taken Black film production seriously. Tyler Perry – another definition of neo-conservative makes pictures that would be taken seriously where other filmographic among the elderly blacks to mention Eddie Murphy and his ‘Coming to America’ is viewed side by side with any Perry’s. Perry has matured, but his antic needed a second coming, his mien in television is large discipline but in quality of material available in total America he is a new comer, he has tapped into the main vents of Americans fiber, he has not done better than Step-in Fetch in, all laughable parable of a past that will not die, perhaps in company of the more successful lacking generalissimo of black portraiture but he is just one vital and break neck maverick that is well documented especially the mama-diya (madiya) created from a caricature in his stunt in New York. Why he worth is so well and much in so much few years, I say he is a neo-liberal black with surpluses miens for conservative black-hood. This is a suppressed item given its trillions of dollars- worth only by patronage. It is a market that is divided across meaning and time, with many looking to finger roll of these idiots who have nothing else to offer than have delivered to them. The total mass of all that is given divided the equal measure of none that is given is equal to abundance of something which nothing is more than half of nothing trying in this case.

What we are looking at is a suppressed asset that is in fact dragging the American behind, to an extent that patronizing Black final products of any types is not ben disloyal to the Americans or un-Americans, it is fact part of a God-given heritage, part of the general global demand that businesses in US with some degree of bottom-line can vest with on any community of interest without marking distinction and without the self-imposed restriction.
At least Film making industries are left open to all asunder, but in all capacity saving the blighted BLACK Entertainment Television that is mainly still Black in retention but the possession of secondary buyer, US film industries achingly rooting for black entrepreneurs - at least in formative level of film production without sinking into  . The cases of say Oprah Winfrey and her chain of Television outfits, and the Tyler Perry are considered sine qua non in US only from where Winfrey stands, for if as I argued that production qualities of Perry based production is given the comparative light of other production houses in US, it would have suffered reversals. But from the fact that he is broken the ceiling suggest that his talent was far more trying that his production until recently essentially shows. The Carton networks where some Nigerians experimented with could not survive, because of patronage on one hand and poor quality, that it had its ways in South Africa and mainly implies that patronage failure of that arm of the television was not responsible; they probably didn’t break enough ceiling as did say Tyler Perry or enough daring as did and still do Nollywood which arrived from nowhere. What some estimators of Film production present as a possibly reason why a film hits and misses, is half the number from Chinese neighborhoods or China towns in US. In fact it is said that what you need to make any films successful in New York is a good measure all Chinese or Asians in New York only. Here is the punch line, or a strikingly skewered few from China Town has the time and day for any American production, but these, in true Americans spirit, would line for hours for the latest Chinese flick with assurances from homeland China. It does not betray the willingness to find your foot in US, but in comingled themes of Hollywood based movies; it is largely difficult to find Asians in very key roles, not that Jackie Chan and Jet Li and the Michele Yeoh are not picturesque but from meaning of stardom these are known all over. Film making, like the Television shows reflecting blacks and blacks alone or blacks mainly is a dead rat theme on how to make money the easy way, but between price comparison and comparative prices, the chances of anyone any industry making money is reflected by the quality of healthy competition between the ‘lions’. When and if one production dominates for a population within 30 million, these cannot be measured a significant blimps in the world of film making. It may seem that there are blacks in all classes of businesses and others in all classes of businesses, but these are called American Television authority, does not mean we and they are eagerly well represented, it means they and we are eager to make and break the frontiers of American film industries by baying for representation under the sole canopy of our fellow citizens of full or near full estimate of having America a leader in the world with as many of us as possible.
 Even Donald Bogle books on Black films distilled from the vistas of ‘Sweet Black’ and the Blaxploitation as they term it, and that his discipline on Black Films ranging from the Oscar Micheaux to Sweet Sweat back, prove its accounting on how the church and other Christian organization gave weight of support and avenue for these kinds of movies. Perhaps the argument that exclusion between Whites and Blacks after the turn of the 19th and 20TH century, the intellectual photosynthesis on African American identity took a largely active feature and the church readily proved the right avenue for these film resources, shot and displayed by Micheaux.  Interpretation of African American experience in these films gave way to the new realities of the whole process of film making as a primary force of entertainment in a new information age. But the money which is devoted to meeting up to date production and commercializing and promoting these films and other entertainment forms, and there are long term comfort of the future economy.  The African Company and Groove Theater and the actors such as Paul Robeson gave meaning American film industries, but like the emphasis on the profit curve   





For trying all, these Blacks and their business are considered unknown and therefore worth something – not nothing – just something for being in American and do nothing. The fear that obvious tendencies towards black-well which when permutated from inks and irks of those in frontlines of richly and artificially blacks is proof to show course they are biased, may be reasons why these challenges privileged discourses on black is  manicured to the realm and not without reasons that fans don’t want to hear that, yet that reason is that fact that in the industries where these black are champions are in keeping of some past, Machiavelli in recherché that laughter has been for the public tap dancing displayer a perfect anecdote for obvious lives in permeated denials. Drink from such wells of pitiable induction if you may, but in limelight of the general and compounded games theory of progress and economic environment and of wealth and conurbations of financial cabalism necessary to foster total good of the total community, there is a shocking and total disappearing of black clouds in places where according N. Cole failure of commercializing his albums, ‘Madison was Afraid of the ‘dark’”. Such heroic ages of Music and Entertainment had all the tall tale of these misaligned with commercial industries, for sure, Cole and company from South evading Harlem where no singing what the people wanted to hear. As such he was of product of public interest and expectations which the eras of Japanese electronic keyboard and recording studios brought down the perceptions creating more Black entertainment entrepreneur than ever, most especial of these electronic radio that retired bum-boxers was the birth of experimental African Music called ‘Hip-hop’ (Rap-Music). That element of opportunity was enhanced by the 80’s computer and online bringing more variety of music to the realms of American social life. Once more, it is not the role of any American black in business of Latino or Hispanic who some of care less about to increase in their business by following others, or would they go far by sticking to a type forever, or would they do better by involving others. Frankly, these people do not anyone or other people,  the American society is reasonably developed to accommodate and peonage embracing of one’s cultural or exposed interest, to the degree that if Americans of our type or kind can at least pursue the global markets as do my Jewish people or Black Jews, as does Americans of littered European persuasions, would find themselves enormously resources that are actually stupid which is only good idea of wealth, stupid money, that don’t need to looking at some idiot stepin and fetchin, or afraid to trains blacks and fire them randomly. Look, this idea is so old retarded that blacks and these so-glue Africans and white-brown coconuts from Caribbean should understand how much of an idiot in presence of God let alone less tolerable humans to pretend that they can’t help themselves. Count backwards, at least in New York, there are over 5000 banks and foundations – many of them privately owned and managed such Investment Banks. All of these foundations and Banks can only boast of the 10 of their types to be owned directly and derisively by blacks. How pathetic? Should these people continue with these ugly jests on their manhood they would not precisely go away and practically have no say in America? In comingled participial of the functionaries under the ambience of local politician-ship and mayoral replacement pro-temps in say a San Antonio of Texas, or from general elected proscriptions and balloting as in Baltimore’s Stephanie Blake, we can say these people are totally no-longer blacks. Does not means that they are not civil rights – which what these people are what these days, or cannot manage state planned or municipal budget, or device means and ways pressing the buttons on decedents issues in the overall affairs of constituency, these people may no longer be called after their kind for they must be dreaming to have seen their responsibility spared the contagion of public corruption by acting outside the normative proscriptions of their offices. Look keep it real, that there is no such America without self-representations, no such American business environment without planning and  enacting growth bound philosophies of economic help and discipline, but to the extent that many blacks are generally lacking in business environment outside of   

In many ways than one the issue of Red lining is a multifaceted problem that cannot be solution by any single bullet, and from all asunder that powered the U.S Labor markets, there was always the question of migrants from different parts of the world, particularly of Jewish retraction. In moderate episode compared to what happened to Chicagoan Lawndale, the fall of Detroit in our time and the struggle for the housing and insurance and eventually the return of red-lining only mirrors the more devastating cases of Stuyvesant Town-Cooper Village of New York which once built with private money as they said from Metropolitan Life Insurance under the Chairmanship of Frederick Eckers who categorically mentioned that if he will be willing to take the slum of New York such as ‘Gas District Houses’ littered with whites and blacks, that he was going apply the strict observation that it was only Whites who lived in these Apartments. These stories connecting Chicago, Detroit, and New York, warrant a new investigative study on was perhaps behind the idea of redlining and if there was something positive about eschewing blacks from Kew Gardens Queens to have anybody other than blacks live in the poor but transformed Austin Neighborhood and Sunnyside, and where the logic is preserved innuendo New York high stake buildings where the owners made it a matter of policy – to isolate one group from another and thereby heightening the tension surrounding the neighborhood and hence preserving that sense of belonging needed to live in one place.
It may seem that being around people of similar types, whose manners are mainly as likely similar and their drifts in culture is as much preserving as the culture of neighborhoods and real estate engineered according to money types.  Perhaps the question is not so much the animus behind the birds of the same flocking together as to human twins who are not interested in each and more like deep resentment that is concomitant with similar characters living together – or with clashes of personality irrespective of bias.  Of course the weightier subject on why for instance a horse of any color would still connection with his kind if it looked well enough, accords the same that the general interest of all humanity is the enduring facade of ultimate connections.  Here as we delve the mire of deliberate efforts by landlords and my others to promote a culture at what it seems the expense of others – particularly one – we become by stretch students and participants of the evolution of wealth in some American societies. If we may yet indicate that power like the male-ego mainly witness his appearing in nearly all its concerns, and for that, must need the other is other cast abroad the consequence of neglect and overbearing which is hind sight is power half the apple.


Thursday, December 25, 2014

The Neo Conservative Black


 By

Sampson I.Onwuka
 
One of the difficult and trying arguments in popular African American networks is what happened to Black Banks or African American financial constitutions. I have come to understand that this is taken as a coloration of the institution and many people not at ease with it. The idea of Black banking may be forced through a round robin of interest, for instance a Heritage bank or Black interest should occupy the frontal exposition of most introspective on African America – however connected to Indian blood – should reflect its weight of expectation and possible curve. Perhaps a Kwanzaa Bank may be a way to go, but what does it all mean for the rest of the Society to build a Kwanzaa Business tapping from new systems of studies and cultural filiation to revived interest in the propagation of Black Cultures. White people has a lot to do with it, perhaps Latino others, but especially White women should be looked at from polar ends of new challenges of being African Americans. It has always been the center of black experience – at least in America – that Africa Women may be considered responsible for keeping the flame up until lately, but they are not without blame in shifting the new generation from the center and the caucus. 

 

What is the definition of Black Business one might ask, and here we take a second look at the operational dynamics of African American business men and women in many works of life and determine that a Black business is any business began first and foremost by African Americans and their relative kind, maintained with the purest intent at profit; either in concert with African American or without them – solely for interest of generating highest possible dividend for those who harbor implicit faith in such an enterprise, thirdly, that it was invested with direct see of a peculiar neighborhoods with majority of the crème of employment entirely if not particularly devoted to black employees. Of course the idea that wins the rest of us, including Rainbow Coalition, Pan Africanist, Black Arcana, Arcata Africana, Black fraternities and Sororities is one ultimate philosophy ‘total good for the total community beginning and ending with our kind’.

 

The question is what exactly is Black in business respect of sense of American enterprises and whether or not these new group of black elites preaching African American businesses are trying merely trying to put a new barge on the old and broken Negro community circle? Many of the remaining societies of African Americans have equally made comments that they have in their blood lines extending coloration of the active milieu of races and ethnicity, that in fact some of the colorful of these groups point that they have no hints of African and Black in them and harbor no angst against any group including these African Americans. The public view from these important dialogue takes a heightened and new meaning when the story from all corners of its interpretive circles extends to other departures in South America and in Caribbean. Sadly, the age that may have allowed the consternation of these stories belong to History, perhaps and with reason, the age of Civil Struggle where a littoral of Blacks were busy scoring for a chance to freely vote and so vote decide the outcomes of their society. Once upon a time in the history of these movement and its efforts to mitigate forces against these in all classes of respect and decorum, we are privileged as Americans to witness the rise and sustenance of the long serving and Nobel prize deserving NAACP, though entirely concerned with political and legal banter affecting a special case of people, it has more than once embraced the financial frontiers of these African Americans and their colorful in-between.

 

There are no struggles as we speak, there are no in-between if half of these themes are taken into consideration, there are shocking lack of go-betweens measuring the outlines of the US constitutions enjoyed by a special kind against the special privileges which for reasons of their own are no longer at ease in US. Is it then an end of Black in kindly sense of the word, for what we know nearly all products manufactured by the beautiful elan of the darker hue has more than seen the better of the day in the canopy of others. We can come to an end or beginning of these tales-tells, by painting a new and vital estimates of the new attitude to businesses which is characteristic of businesses owned and managed by Africa American and for Black.

 

Haven an open watering hole on idea and investment possibility in US is a Global initiative that should take from America what is learned from the last 200 years to other places in the world. In Russia, we may have not seen any such thing as Black Community – at least in very recent times – and in China there are few and far between. But Asia taken collectively has enough black sparing, and these groups are not minorities in Asia but part of the main stream. It will be difficult and inappropriate to consider these people without historical links to Africa as Afro-Asiatic, although world history gives the impression from Africa through the era of European expansion, Black presence in Asia does refer to this people and the incident is not so recent. It is possible many of their ancestral roots to be African, a lot of black Asians, and many of them have a long history coming from through Africa, but their color is not synonymous with Africa as much color is synonymous with America, Asia and Europe. In some dispatch, Africa is correlative to Asia. Plainly writing, Africa and Asia has a colored history and it include white skin and not albinos. It is wrong and incomplete to assert that Black should be considered a people, the word Black is really original to Baltic; Black or Barbarian in Europe South of the Border. The word Berber for Barbarians refer to a group of nomads who made it into Europe over the long swat of world history and worked mainly on precious metals, spice and medications, but are originally from Africa like the Nomad from East Numidia for Africans. In business, the color black worn mast by the Venetians, Italians (Genoa) – eventually Medici, Jews and Amadis of Gaul, separated them from whites worn mast by European countries under the assistance of Templars. So Black and White have their distinct histories which like Red and White flags have their histories in Russia or China, but the influence of religion created additional problems for this separatist group and in separate formats of world’s history, the Catholic and Christian reforms saw purgation in all classes of this respect. Long story short, the skin color of certain Africans, certain Asiatic, certain Europeans such as the Turks, and in recent times Afro-South Americans, Afro-North Americans, is derived in comparison to the rest these established color variants. The story takes a different form when compared with business routes, routes of interest that connect Europe and the Baltic to this part of the world.

 

Black Enterprises; In the Black; A history of African Americans on Wall Street by Gregory S. Bell, though a cursory glance at the books is quite demanding, but it’s definitely on a higher pedestal to James A. Anderson ‘Black Enterprises’. For obvious reasons that a book of such as Anderson ‘Black Enterprises’ is not generally a book of all seasons, a separate treaty from Gregory S. Bells that attempted to examine the frontiers of Black business in New York and some of the challenges that these few seeds of the block end up facing.  For a man such as James A. Anderson who prides himself as the leading expert in Blacks in Business, Wall Street and Investing, the book is half the apple. I shall indicate that writing any reason of the Blacks in economic community of these United States or in the general business of the world, usually takes time. Here in this case with Anderson’s ‘Black Enterprises’; Guide to Investing, there is a lot of information that may prove important to new people in investing in the U.S, and in the categories that may be called International, the book throws good light on general possibilities associated with Black business investing. For instance, we may not have mastered the difference between a closed end investing category of the international and open end investing category. But from this man’s book, we learn that one "Closed end hold a portfolio of investments and rise and fall according to market conditions. They have a limited number of shares, and trade like stocks in the New York Stock Exchange."

 

The Black Wolf of Wall Street by H.R George in entertaining and provides its historical reindeer in the context of Black Wall Street. The story a solo black performance is perhaps an education for a Neo Con, for as much as we know that American history is riddled with Blacks making it to the top, there are cases of rises and falls in the business. Joseph Jett and the Kidder-Peabody is another example and his story resonates with concerns over allegations of misplaced finances, some of which were proven inaccurate but sent him tumbling from the office. But the history of Wall Street alone is a long career in the history of these United States, especially the roles that both the Dutch from Spain and from Netherlands including members of the Royal Company will play in New York and in parts of Pennsylvania before the 1600 events of Virginia and the English Royal Company. Of course, the founding ancestors of Wall Street do not historically include Rodriguez, believed to have died in the South, but obviously led his way into Dutch company that were mainly Jewish and Marrano, many of whom settled in the Caribbean, some of whom were part of the Royal Dutch following their excretion from Spain including the families of Teixeira and Baruch Spinoza. Their role in slave trade is not so clear, but between the land working gentry that were gifted the rights to protect Spanish and Portuguese interest simultaneously in North America and South America, is both the active presence of Moorish Europe – many of them black and brown and became part of the native American tribes – but not all, and the Jews from Spain and Portugal – not all, some of these Jews like members of Dutch party were Conversos, helped Spain and Portugal to redeem soldiers who surrendered during the Alhambra days through hard labor leading to a culture of dependency and eventually creating the case of human importation from unprotected continents of Africa and Asia. Slave trade was an outcome of these processes and with it is the culture of superiority which was achieved through these middle men. Yes, these groups of others including other Africans aided in creating and perpetuating slave trade and the culture that governed attitude of business and commerce relies on this scenario. 

 

Black businesses may have stifled over those years, may have led to theory that all blacks in Caribbean came from Africa directly or descended from Africans, whereas many of them came through Spain and Portugal, some of them have Arabic and Jewish bloods, yes there are those who may even contain shreds of mainstream European Blood.  But for Wall Street and the trading with the rest of the world, the first of these statement and theory came from elsewhere, that the current and historic site of New York Wall Street was where the Dutch and Stuyvesant dug in to protect themselves against the Manhattan Natives, where they also bought and sold gins, wines, logs of wood, clothes (fur), guns and gun powder. Then the Tobacco plantation eventually took over so also the issue of inland penetration of business before the advent of slave trade. The first of these business men and women came with the Dutch and a certain Christenssesen, but the first direct contact with the natives was done by Rodriguez, who was called the “Black rascal” with all the fitting descriptions of him, perhaps from St. Lawrence where Black Sailors; Estevan Gomez, Mathew De Costa established and reestablished contact simultaneously, and brownies such as Verrazano and Cartier from the French helped in their ways to transform what was left now as St. Lawrence into a Fur trapping center which may or may not have started with Afro-Europeans such as Estevan Gomez and Abuna Marcos (St. Marcos, a friar and Coptic; most probably Egyptian by origin given his name), both with connection to North Africa where for instance in Morocco presumed home of Gomez or his patronage roots is so named for fur trading and trapping. The contact between these black sailors and natives is a deciding factor in the later years of American business or can be measured that the role of the French in American business industries and fur trade where La Salle and Chaplin are well known, that their deciding influences in Canada and above the Natives in New York and Pennsylvania and parts of New Jersey leading to the new areas called Ohio and along the Ohio river and Michigan are littered with very French influences and so called Natives. The surprise that has shocked a lot of people is how Ohio with no real connection to slave trade was able to contain the many number of blacks and Indians. Apparently there are stories from Canada and elsewhere such as France that history did not treat very well. For if we look at the age of Civil strife and struggles and see how the changes in some of its laws… 

 

There are stories about these Black Business men and women, some of whom from Africa who got involved in community development and when the attention was given to them, they absconded after receiving the deals and other enhances. There are cares of African Americans in Business, not just in business in U.S but elsewhere such as the Caribbean and as soon as the business went awry these people packed and left. There is a well-known history of the fracas between Marcus Garvey and W.E.B DuBois concerning the investment of African American churches and some people with money and a result of the competition between Garvey and DuBois, the rubber plantation investment in Liberia became a total disaster. It is now known or at least suggested that Dubois may have had a hand in Garvey’s disastrous business enterprises although there were others working for the then FBI under Edgar Hoover, some of whom engineered the downing of Marcus Garvey and some of whom did not respond to his captivity in Switzerland or thereabout and in the end, Black Investors lost a large portion of their business.

 

There will be Paul Cuffee, Orlando Equiano, Martin Delany, and others, but Rodriguez leads Wall Street to New York and in extensor, US, in particular New York Wall Street where of Blacks in Wall Street for history sake mirrors the idea of one Wolf among lions, or one black mane among the White Bears, the many will drown you and will win out.

In the past, Africa did business with peoples of world, Asia did business with people of world, and so did Europe who like the Americans may be an experiment that is quite old. The ideology of black is prolonged defeat setting from permanent class of Europeans and not Africans called gypsies. Gypsies by their name refers to Egypt and they spoke a language in post Islamic Europe that is comparable to Cyrillic with determined values from the Greek byzantine who ended their later years in Russia. Parts of Russian language can be compared to a late version of Greek as if Russia is similar to Greek, as if Russia restructured current Greek. These languages are laced from Byzantine, and it is here that a comparison with Coptic and other Nestorian derived and preserved languages can be compared. Coptic and Greek show remarkable relationship that the late redaction that Coptic is similar to Gallic as these two are similar with the Gothic. In fact a link between Coptic and other North African languages has been compared with serious limits of success with Gothic and are considered part of the same of origins. From the network of isoglosses of human disappearing languages without re-entering Asia through Africa, the whole evolution of people and language alternate and it becomes difficult to call one group for instance blacks, which for some of us was intend as a historical reconnoiter between a faceless identity and meaning, and the reality of a Super State with more than one share of this story. As such Africa America seem a green look at a possibility, Afro-Asiatic is also a definition of a possibility, and more than these possibilities is the rated interest of having natives who are called Indians as part of a Heritage that ends and begins with those who own the place. What is even Africa, we are better off calling ourselves a different name, no different or less enduring than Israelites, ‘the redeem of the lord’, whose history of African sojourn make exodus an African history and Israel in all its enduring histories part of comparative mythology that is attributable to Africa. What is Africa, it was a small island (province) in what was usually Tunisia, which the Romans occupied for a while which greatly extended to reasonable part of Tunisia, although historians will like to further extend it to limits of 1st Cataract it was hardly ever the case. Both the conflicts of Julius Caesar, against Egypt and for Cleopatra who is called Egypt, and the final days of Aksum during the reign of Ezana, may explain the lasting impact of Rome and Latin on Egypt and through Byzantine, but the fractured North Africa including groups of olive and mangrove traders in Libya and parts of Cyrenaica will place others further east under the many rulers and one era of female leaders in Ethiopia and Sabaean, Candace (Kandac), adds difficulty in presenting Africa as an extension of Rome – which is not – or a province or provinces occupied by Rome to be called Africa. It never was. The continent draw its blood from something entirely different, so we may mislead on our drive-in to reduce Rome to a child of Africa history through Persia (which it is and was, given Etruscans and Samnites who were land owners of what is Rome, were removed from power during a 7th BC (3rd BC) peasant revolution in Rome leading to a long chain civil and military intifada between Samna siding Etruscans against Rome who were eventually sided by Greek). The majority of world history during Rome and its new age were perhaps conditioned by the impact of Christianity. Christianity from the old Africa Chapels and Temples at Karnak and in Thebes, used in mythology of Osiris and cults of the dead were transferred to Christianity first as a national religion in Egypt then other parts of Africa. It torched on the Red and White Monastery from old Karnak Temple and Kom Ombo, whose buildings became through business and trade – the particularly the White and Red Monasteries -  were prototypes for Saint Sophie in Byzantine built by Africans with their signatures all over the buildings to the buildings that arrived in Rome. It may seem that Rome had it all from the beginning, but this is not the case with their buildings and architecture, even at the height of Augustus, Rome was a little better than other Cities but had the fortitude to provide it with sewages and well treated roads of marvel. But the first major buildings in Rome were historically enacted in the 4TH Century CE, almost a century following the visions of Emperor Constantine II and his conversion to Christianity. The Architectural transition from Karnak to Byzantine, from white and red monasteries at Bayou (Africa), known for its tapestry depicting the evolution of history over a period of time through the use of thinly manufactured gold thread on the most enduring garment and for wall painting and murals, are articles of history that was perfected a century later in Middle East and by Cistern Chapel in Bishakur of Sassanid, are building prototypes with emphasis on the nymphs or nereids, whose faces emerge historically from the guardian nefis on the altar pieces of Egyptian obelisk; the theme of ark of God and of Israel, removed one step from the art of devotion and the analogies of the later day angelology.

We consider from older times until now, that a toy and cast between humans in imitation of worship and spirits exist, almost like the possessing art, no longer at ease with the humans. We may consider that the acts of having several Egyptian obelisk and artifacts inside Sinai suggest that these areas were no doubt mining districts for Egypt, they were parvenus for goods entering into Asia and from Asia into Africa.  But the building prototypes for Karnak were extensively used in Byzantine and re-used elsewhere and to the best of our knowledge Rome inherited Byzantine tradition of Architecture and the Goths who were both Muslims and Christians executed the best examples of ancient ways. It is part commerce, part trade that that are favored in Byzantine and then in Rome, that Vitruvius who is claimed to be father of Architecture is perhaps not complaining, whereas the best building still known to man were wrought at least 3 thousand before Augustus.

 

Pharaoh Snefu, Khufu – who argue is the same as Cheops, used pastel and liquid chalk and material to make what the Greeks called “Cheesecake” buildings or the Pyramids which glow White at night or from a distance - at least in these classic or pre-classic ages, white after so much has been done. So also the best theater plays, but like some British somewhat mentioned Adam Smith as the father of Economics. Architecture in historical context of commerce started entered into Syria which remained fragmented due to the conflicts between newly resurrected interests in later times. But connecting a continent to a province was really a historical putative of error but through the pens of Romans who spoke of Africa, it was applied later to mean the continent. Ethiopia, Egypt, Libya, Cush (Kushan), Chad, all disappeared, to a point that today we even speak on Near East which is a cultural reaction to Black history including Egypt which extended up to Sudan – meaning south border of Egypt. Africa, instead of Black land which is colored by history to refer to Fertile Crescent without mentioning Atlas in Morocco and the tribes of Anti-Atlas (Berbers) who could be called Black lands, Africa is a definition of many histories and cultures of the world. Between Morocco and Spain is a few hundred miles of lands and it will play itself out in the later years when religion takes hold. African history should be a kind of future regarding best application of process towards useful and meaning ends.      

 

Considering what now transpires as Black business or economics, the books of interest such as, the American Millstone; the examination of a nation’s Permanent under-class by Ovie Carter (1975), where he examined the lives of Blacks in Chicago and the hard choice between Welfare and underprivileged minimum wage jobs with increasingly diminishing hours, Carter worked his miracle in translating some of the hardship experienced by these people in Chicago, especially the individual families who struggle through tuition and new training meeting for the City and the State of Chicago. Such books are to be written on continues basis since conditions of African Americans in any part of the world, would serve as an example for others elsewhere – especially Black economics. Soul on Ice by Eldridge Cleaver (1968) narrates account of his wishful revolutions in Mississippi and disgust in the wake of the conflicts in Mississippi, well noted for mature emotions although injured from his how town experience and speaks little of economic transformation, yet the book is an awakening classic on the problems black faced and were facing since Martin Luther and the economic way forward. The book wallows on emotions but gives the impressions of active business interest in respect communities was one way out of the situation. African Americans in Mississippi do not even know they are taken advantage of and in his words; they needed to be reminded from time to time.  Black Metropolis by St Clair Drake and Horace Clayton (1945) in a great account of Urban life and its considered, Soul of Black Folks by W.E.B Dubois (1903), Robert J. Yancy’s ‘Federal Government Policies and Black Enterprises’, Carl R. Osthaus ‘Freedman, Philanthropy and Fraud’,…and other books reflecting the rise of the Freedman Bank and it collapse. The Black Wall Street by Jay Jay Wilson and similar specie book by Hannibal B Johnson. Walter B. Weare ‘Black Business in the New South; A social history of the N.C mutual life insurance life” (1993) it’s an interesting narrate, Booker T. Washington ‘Durham, North Carolina, A City of Negro Enterprises, W. E. B Dubois “Up building of Black Durham.” Madame Chavers Wright ‘The Guarantee’, discusses the trials and triumphs of ‘The Douglass National Bank’ instituted in 1921, considering how the Banks managed to survive the Great Depression, that the Bank and its associates primarily focused on Black Businesses and ensured returns on their investment, through structured cloth industries and factories which made cloths for women. The Bank got actively involved in small business administration, and made systematic demands on the working American Population such as the Black Chicagoans and the Black Milwaukee. That there was toughness she mentioned does not fail to incorporate.

 

 

Juliet E.K Walker History of Black Business (1998) is a historical accounting of some of the major business and ventures originating from African Americans from the beginning to very recent enterprising. Like I mentioned, the book is good for the information it offers to the reader especially when there is not enough information of Black and black business and how they have performed over the years. It helps to form an estimate of the struggles facing Blacks in this day and age, why there are new reasons to interpret these problems from purely 24 Hr. business world, and why above all, we can be confident in separating African America business from other forms of business and re-opening the gap between Africa, Caribbean and America. This book highlighted some of the Black business abroad – which are far and few between – narrates the earliest deals between Pepsi and Joe Lewis, explains the root of brand name and brand names, why some of them disappeared and why others hung on for some time and then disappeared.  The Book has no interesting new ideas and offers nothing new, it separates old from the new in general chronology format. On importation, she mentioned George Schuyler that "There must be many things that the Haitians import which a Negro-owned company could supply. Soaps, Perfumed, and Cotton cloths comes immediately to mind. We already have the cosmetic factories (Walker, Poro, Apex, etc).  She cited that in terms of International Business, that Blacks have not done very well, that saving for the occasional names such as James Samuel 'Malta Boon' (James Samuel Lynch Fykes Jr - Business in Malta, Island - "Chez Jim" and of some coloration with the Black of Wall Street and Jones Brothers, the future frontiers for black businesses is not shockingly absent. The Cultural Revolution of the Americans Civil war is one of the best….There was also Jacgmar I and Jacgmar II of Mexico owned by Jones Brothers from Chicago and the business was eventually acquired for other reasons. The other expeditionary permeation of the two was also Simmons Royalty Company that charged 2% of mineral resources.


Friday, December 19, 2014

Debt and Decline of Crude oil prices Dec. 19th, 2014


By

Sampson Iroabuchi Onwuka

How does it end and when does the BID for Crude oil begin? Looking at the shoddy details of Crude oil and the expectations that crude oil is likely to drop to $40 it’s is an institutional investors’ dream. But the idea that a peak oil in June at $115 for Brent has a staying power reaching to $150. This is not the case, $150 per barrel is not nearly the case and Brent has a chance of returning on high by 2015, perhaps not a $150 a barrel given US defensive and dynamic weighting on Social Security. The debacle that has visited the market took many traders by surprise and they were surprise to see market end at a very low rate this year, whipping out all of the gains in some EU industries this year alone. US market is equally affected, at least by the extra profit it earns by this time of the year which now stagnates, perhaps due to the release of excess capacity by OPEC which is struggling with amount and not rate OPEC is still threatening to consider its supply when the prices drop to $40, but this timing may not come since at $50 Crude oil is perhaps a good buy but at $57 and at December 15th, 2014, we are not sure when this buy will exactly begin. We may look at the incident in many of world and how they are shaping the end of Crude oil shedding or the cause of it, from (1) Russia, the Economic Sanctions by NATO, EU and US is red face on its International Complex. Russian Banks signaled in October that when crude oil prices fall below $60 they will intervene. As such it seems that Russia is not immune to the problems of crude oil and energy has taken new and direct forms in the United States in the World. The crisis of 1998 that saw contraction reaching into Asia are still reasonably fresh, but then as well now, we may regard the role of India and China as very important, large for (2) China, whose presence in Global market is well known and everywhere seen, above all, but the instability in Russia that is facing crisis and China that are dealing with inflation calls for a new translation, does not translate into the forces mitigating against the Crude oil market. We have also forgotten some efforts made by China in reducing their dependency on Crude Oil, while they were making business contacts with Nigeria off-shore drilling oil, China was trying to acquire Unocal, attempted to also buy a section of Russian STU, the two deals where restrained saving a new partnership in Gas in Russia which finally came through a few years ago. But in Africa, Chinese are Uganda, in Angola, in Ghana, in Kenya, and in Sudan, all with duplicated Crude oil refinery equipment. Over time, there will be less reliance on these areas for Crude Oil since with happy face China is really sabotaging these industries.     

Obviously, having OPEC release its spare and excess capacity at a rate not exactly seen before may be their way of dealing with US interest rate which has remained low for a long time. But this is only speculative since a Karen Ward of HSBC has indicated that Saudi Arabia may be better off with a reasonable priced crude oil to balance the budget. Reading through a popular Oil.NET popular sources by Steven Austin, he arranged some of the reasons why there are short falls in Crude oil prices, that ISIL disrupted production of Crude oil in Iraq, which some expert interpreted a spike on Crude oil prices, but Austin mention that people following the local news would have seen that “IS controls the central region of Iraq and eastern parts of Syria. All of Iraq's oil is in the Shia-populated southern Basra region of Iraq and the Kurdish region in the north of Iraq. IS has imposed a rule of terror across vast tracts of desert in the only region of Iraq that has little oil.” These meant that they were selling the coveted Crude Oil to whoever wanted to buy and did so without undue attention to the market. In reality, the short falls in Crude oil may have alerted OPEC countries including Nigeria and Venezuela and to some extent Libya to cut down on their number of production, but the effects can from somewhere else. There is however a second factor which Steve Austin mentioned that may have influenced the consumptive behavior of world markets especially those of US, that in 2005, US was still importing 60% of Crude oil, but since Obama and US dependency on foreign crude oil and gas has fallen to 30%. There are new and newer planned production hot spot in Alaska and North Dakota, and Wyoming has also re-opened for drilling. These ventures, especially the plans to begin Alaska’s Crude Oil, took Saudi Arabia that acted against the future trend of these dependence on foreign crude oil. We leave it as it appears that OPEC is not totally in control of its resources and some crude oil is reaching the world markets through other windows not necessarily under the canopy of Saudi Arabia. 

II

Part of the reasons why there is such a drop in US interest rate is perhaps to discourage the flooding of US market with sovereign wealth, an argument, it is also a relapse into an investment for the future from outside given the shocking gap in US overall individual savings. US Feds are not helping, they are privately owned with enough matching currency from the US Government, how much faith the US economy has on it’s relative to the performances of the Banks. But with the Feds buying as much they have from the Federal Government; Bonds, etc., they deny private placement on US securities which are not usually advisable when they exceed a 2 year. 30 year bellwether are usually left to the Federal Reserve or some big financial institution to handle. The problem with FEDs and big financial institutions is that they like the US treasuries are the generally keep of foreign Sovereign Wealth, that is a Country like Nigeria can invest in the US Federal Reserve through its crude oil market with a less than 1.5% profit over the next 30 years or thereabout. The other issue which many nations are not aware of is that the money is received in cash and is paid in the same amount when the securities expires. As such Nigerian Sovereign Wealth in US at $60 billion are only applied to debt owed by Nigeria to business registered through FDIC and others. Of course, in the life of these bonds and investment which the Feds are chief players, a lot of money switch hands between Europe and the United States, between United States and Asia such China and Japan who are the Americans largest IOU credit countries. With half the resources at the disposal of US Banks they essentially guarantee the life of the FEDS through their business interest in the United States. Left to the rest of the world and the institutions that can make any meaningful contribution, the major issue that are taken into context is the rate of debt repay which the Nations based on standard Crude oil or similar cash crop must meet in order to balance their budget at home and return of investment through debt which is difficult when Crude oil are refineries involved fall below market and expected rate. For instance, when Nigeria and any other International economies in the world buy into a business with a turnkey solution in Nigeria, for instance, the building of dams and electrical power stations in most remote places in Nigeria, either as an IMF industry or a business concierge, they inherit a debt when the Crude oil is perhaps selling at $70 and $80 a barrel and with US interest rate low are able to service their loans. But these international countries such as Nigeria could experience serious problems of repay when US interest rate begins to climb as it is due for 2015. Yet, the major event preceding these events are the failure of US to meet and balance budget without shifting its grounds on trade deficit. US trade deficit with low crude oil pricing is possible and may shift to surpluses as opposed to high price of crude oil.

Karen Ward ‘HSBC’ Senior Economist (Oct. 22 2014) ‘Economic of Falling Crude oil prices’ argues that short falls in Crude Oil prices may help countries such as

“In Saudi Arabia, for example, a $20 a barrel oil price would have balanced the budget in 2003 but in 2015 we estimate it will require $90 to cover its increased spending. Bahrain’s and Iran’s breakeven oil price is likely to be above $130 a barrel next year. Indeed, below $90, only the UAE, Kuwait and Qatar Cwould have budget surpluses in 2015.”

 “With no other ready sources of income, and spending commitments difficult to reshape, the deterioration in fiscal performance that comes with sustained declines in oil prices is sharp. At $70, for example, we estimate that Saudi Arabia’s budget shortfall would approach 10% of GDP next year; at $50, the deficit could exceed 15%.”

“However, the regional producers, which together account for more than 30% of global oil supply and, critically, 80% of OPEC output, have generated such large surpluses over the past decade that they have the balance-sheet strength to deal with lower-than-expected oil income.”

 

 

III

 

But at this period in the trade fare, we look at what happens to Nigeria and International Oil Rich countries when crude oil falls to $50 a barrel. With increases in interest rate and fund rate given the 1.1 trillion loans which are not service loans or loans to create money, we see an America that may have added a I trillion to its debt on one hand, but may be balancing its budget and trade deficit to somewhere below 2% from somewhere in 9%. In the first two quarters of early 2015, there are possibly signs that US may be hitting a surplus, which makes the argument lame and clear, that perhaps, US stock market is not without buying interest especially the Crude Oil. I take it that countries such as Nigeria and say Mexico, part of the new kids on the block – may become new kids on the chopping block should they scale their interest rate to US given the gaps in economic maturity, and far from what is happening in West Africa with Nigeria as Satellite, it may have a later day solution from the hands of Concentric Circles. A concentric economic circle involves a corporation between several countries in the world that share similar economic outputs.

 

Let us reverse the mention of the BRICS countries is what is now happening to Crude oil which is subordinate to International guarantees and to BRIC countries, that for instance the free market entreaties of Russia or its return to prime time, then China remaining free from International contamination and so also India, Brazil and South Africa. These nations are not strong consumption economies in spite of their size, that if look at the role of AIG in these countries parallel to what is available in the New group of MINT, which show life and dying attitude if not taken seriously. Of course, Indonesia like Mexico may not suffer from the problems that the BRICS may be bound to in the International market, but we can be sure that their lack of satellite placement and lack of comparative scaling for interest rate and rate of FDI is depended on how well it does with US. But Mexico is not US, and relapsing into US which torching on Canada or far away countries such as South Africa or Egypt or very cogent and realized bases, may be ridden to the permeable elements of inflation which are exported with a rise in US interest rate, that Mexico currencies will face the same faith in suffered in the past given its stand-alone structure to the US. With a structure measured through similar progressive countries such as Brazil or South Africa or perhaps Indonesia or to a large extent Turkey, it will scale down its bifurcation to US and will add more green to US invested interest when it came share its inflationary pressure through an International market, for instance the MINT countries, Mexico, Indonesia, Nigeria and Turkey, that even to the extent of having similar currency may help to save them from a combined famine which an International market will experience under a rising US. The first signs of some problems with 2015 is the shortfalls in Indonesian and rupiah selling at 1.9% below its market    will bring to the table the problems of next year poised for interest rate. Carefully looking at the price Obama’s estimates are troubling, not that he is doing anything from his head, but going as late as 1970 when US was in this kind of situation, or middle rate as 1979, when crude oil prices reached a new premium, thing gradually fall apart as we entered in the earliest 80’s.     

 

Indonesia, Turkey, China, Japan, Taiwan, Malaysia are element of business families that have graced the venturesome business partnership with Nigeria, all of these countries is the delineating years of Nigerian military administration itself a consequence and continuing evidence of a country or a nation in disarray or a showing of instability, from 70-75, 83-91, forcing Nigerian into long list of indebtedness tied to Oil companies and their spurious deals with OPEC oil International, whose final coming and repay scythe was a damage to the currency of these Nigerians. Today we may speak of a new co-operative indicia of MINT Coined by Jim ; composing of Mexico, Indonesia, Nigeria and Turkey, a grouping that alarmed the best of us since we are certain that Nigeria is only half awake from almost two decades of military dictatorship. If these four countries aspire stability especially through the currency, which is very important it may be meeting to scale their interest rate along the participating countries with perhaps a side note on Crude Oil. These countries commercially generate over 1 trillion dollars in GNP with Mexico nearing 1.7 trillion year to year, several hundred million behind Texas alone not adding California with over 2.3 trillion GDP. Nigerian from the list is lowest performing economy with only a few international measure of structural development to compare with Turkey and to some extent Mexico and Indonesia, where as Indonesia is clearly the largest market in the four in spite of its numbers. Mexico that is luckiest of all them suffers from similar high fate and ending, for if put the balkanization of Mexico Peso in the 1980’s and 90’s, we become weary if the new signs of depreciation will continue and for how long. Mexican Peso selling at 14.4 to 1 dollar is already showing signs of decay from just a decade and half since the inception of the new currency. It looks like the correlation of Mexican peso to dollars was a function of the export market, with US being the Chief ends of these exports. The issue of cost labor proved too quick an advantage but in receding years from 1993, the currency has gradually slipped to original challenges.

 

Bill Barnhart Market Report in 1995, reflected on a parallel quote from the Dec. 4, 1985, by Wall Street Journal: that Mexico “Today, instead of being a model for other nations, Mexico is a lesson in how at similar to Russia today that is offering over 17% interest rate is call for cash, leading peoples of the world including Mexicans to checker their savings and buy into the US. The damage is important, for to some Mexicans, the mistakes on the past may not be repeated in 2015. But this is not the case. As long as US interest rate remain this expensive at less 1% meaning don’t bother we flooding the market too quickly, Mexico may be save, to a point that a return rate through Crude Oil guarantee sustained supply of dollars, but with short falls on Crude oil, we can be certain that Mexico can’t keep up with servicing its Peso. Part of the reason is lack of international anchor and the reputation that Mexico enjoins. With interest rate taking a hike in US – at least up to 2% we may begin to see visible problems with the Peso and when it reaches a barrier of no return it mainly becomes too expensive to do business in Mexico with hundreds of peso to the dollar.

Money Market Interest Rates and Mortgage Rates, 1980–2002 |  

Apparently, supply as the economist Says mentioned could create its own demands, means that the erosion of the peso’s significance in the global macro was reduced to a banter with the states. With US trade deficit at all-time low and only one state, Texas, generating more money than Mexico combined, the real problems therefore is what the quality of the Mexican markets, which without international baskets, has no more meaning that the actions from prices as from US which is poised to raise its rate. I will bait any Mexican or Chicano that if US pushes up 2% interest, additional US capital will move from Mexico into US, it will create a negative balance sheet, a problem of inflation and the Peso in 16 months from here on, will dip 20 pesos for a dollar. Here is the conundrum, that as much as US is the Sun of world markets and satellites countries such as China who cannot really blame take their rest in the US and its economic sheltering, the human quality once an item quite severe with cross-border economics, not has little meaning saving through prices. In essence, the more we have countries in the world including the BRICS, create an economic conditioning that represses Foreign Direct Investment, the more into US for a kind of value which generate real income very fast. However when crisis come as they look in December of 2014, it could be driven by other reasons and things in the process, but in all, it could be driven by the lack of other sun states in the Global macro. That is to suggest that the depression of a Nigerian Naira, an Indonesian Rupiah, Turkish Lirah (who are accused of supporting IS by buying crude oil through them), and Mexican peso, will continue to decline unless interest rate its low and low for a very long time in US. Even at that, the cost of expansion, whose failures in Mexico was well received elsewhere means that the peso has no anchor anywhere else.     

 

Yet Nigeria is half a trillion in GNP with a few negligible sparing from other West African countries who account for a large percentage of new investment. In the long run, Nigeria may offer growth opportunity to West Africans, but they will continue buy Naira with US hard saved currency to offset, some of the shedding of the Naira. But it is their role as a regional economic headgear to demonstrate market direction in West Africa which should dominate the outlook of Business in nearer future. Some of the new investment in Nigeria also came through Europe, and here we can say that, EU moving back to its sources and dollars re-migrating to US when it does not need to, devalues the stock market and further forces interesting parties to escort their currency out of Nigeria. It takes toll of its value system and not really US’s fault, it makes it seem that US is avoiding loses whereas Nigeria like progressive International Country such as Mexico, or Indonesia, did not take advantage of low interest rate which China essentially buried itself into. In all compulsive understanding on how a process of that kind is resolved, we compare the problems of anchor and bifurcation to US and a primitive example of assuring a future for Mexico. Since 1994 it does not need to, it had opportunity then and now to enter new economic horizons which a MINT if their interest rates are scalable and a meeting surplus of the member countries are evident, then it may have crowd investment did not need to interfere with its future estimate as with the US market.

 

Whereas these Countries in comparative relationship with other groups of growing economy offer assortment of market and business interest, particularly in the areas of crude oil and in the area of paired resources especially for Mexico with both the opulence and resources to hold to their new found optimism in a shadow of new world market order. The argument is not that Nigeria cannot belong to this group given the structural weight of their industries, they have a shining example in Turkey but in terms of the penetration of businesses it is Indonesia, with Indonesia ahead of Philippines with higher mid-income earners and population exceeding 150 million (170 million), and these countries such as the Philippians and Indonesia are both English speaking countries which these days is just a normative and may be useful in delivering the market with comparable rate in resources between these countries and parts of them that speak French……

 

In respect to Mexico, it has a pairing through oil, a communication problem of history and language – that for Nigerians some idea easily Mexican in meaning is quite a mouth foul – and in respect to language, Spanish speakers or Latin Americans are almost unheard off. But these are temporary issue given their experience in dealing with US and Canada. But in form and in need, the scale of preference should place Mexican interest in Africa on a playing field such as Angola, not that Mexico need less penetration of its oil field, but in compact with OPEC which Mexico is not nearly part of, its presence in Africa gives a breathing space and may in the end save it from sinking further down with inflation since 1993 on its new currencies.

 

Whether or not Nigeria belongs with this MINT group is not a financial article, it is however important to point out that the country has a long history and the current new development in Nigeria is hardly the brighter days which for many economist is somewhere between the 70’s after the end of civil wars and sometime in the 80’s when the military returned to office. The economic progress in Nigeria and in the 80’s are still visible including factories which were built by Nigerians with some sparing from those left by the English and Dutch in the 60’s. These factories due to civil strife in the country fell into disrepute putting some dumb-ass clog in the wheels of the economic progress following a population that was expanding exponentially. The only remedy was the exchange rate which gave return of interest and investment to Nigerian business groups, all of these could not last given the increase in prices in doing business in Nigeria and West Africa, and with the Dutch system of matching Nigerian Debt to Oil Companies who fumbled military experts in Nigeria into signing documents left Nigeria indebted with cash call furnishing from banks that entered Nigeria through oil companies creating more and more problems for the exchange rate and in the end, the currency spread was so wide that Nigeria was called an economic crisis. It took long and practiced intents of newly elected Nigerians to gradually grind these forces to a halt, including the extra-ordinary effort by the Ngozi Okonji-Iweala, who asked through World Bank that the debt should be pardoned.

 

But in terms of material resources of South Africa and their highly indulgent attitude to business which is meeting for Asia Tigers, more responsible and complete given their levity to Europe and American opulence, their nomination into the BRIC as equal to BRICS is good and bad news, mostly good news since it savors South African entrenched mineral resources in the conceived and deceptive nudging of China who introduced South Africa to the BRIC and for the fact they have a better meme to settle against these Nigerians, their role was expanded. There are no degrees of possibilities for these countries to deal with South Africa, although South Africa is not Nigeria is attitude to business, it has healthy and very experienced traditional business environment that are not far behind any nation on earth including building nuclear energies, but are trapped along the lines of 1% super rich, poorer south Africans now in power, and are smaller markets compared to Nigeria. South Africa is truly a BRIC, it can manufacture anything for European and US industries and responsible for some of new line of green light in Nigeria and Ghana.  

 

There are several reasons behind the possibility of the breakdown in business relationship between Nigeria and these countries, especially Japan and Taiwan in the inception of Nigerian Electrical Power Authority (NEPA) and comparative quality of these co-operative countries in the 70”s to Nigeria. Their currency rates were much higher than it eventually became a few years later. In the earlier possibly imaginations of Nigeria struggling under the canopy of West African economies, it looks like the success of even the nearest Franco neighbors; Cameroun, Togo, Benin, and Niger, all surrounding Nigeria, including distant Gabon, found market Nigeria for their products making its way from France and production economies in the World. These the growth in West African countries is so zero that the gap now enjoyed between some Asia Tigers and Nigeria is not saved by the breaching of these gaps by South Africa. We may look for the reasons why there was such breakdown of business relationship between China and Nigeria in direct and active business co-existence in terms of the every other business of interest other primary government  arrangement, or for Taiwan its mouthpiece for long, to have been a problem derived from all…

 

It must be said that Nigeria from its earlier years has always stressed the importance of its currency, and from those earlier years until fairly recently, it has tried its hands with various means of managing its currency including the occasional attempt at reprinting its notes to stem the tide of laundry. Some of these measures seem to have worked their miracles but not all the time, and presently, we are dealing with some problems which deserve the attention of all our well-wishers. But in the currency cut throat business and its 'Currency War' of nations, no country can better advice Nigerians than Nigerians. It is obvious and large by the extent of buying indulgent charisma of re-telling of what happens to a green basket from mature can as they turn yellowish with time maturing into the brown baskets from cane. If you are lucky in getting to experience the transition evident in the general life of a green basket since the usual process is that it leads to something and perhaps an end. Africa history especially these new nations are perhaps not that different.

 

                                                               

                                                                    Miscellaneous

 

 

People driven by necessity would do what’s necessary to meet demands. But here, as we have argued, mineral and hard resources for Nigerian market are no foreign, and can be located in strange abundance in Nigeria which now mentions that the reasons why there was problem is the poor showing of Nigerian market in the world. Even with new industries in Cement for instance opening up in many parts of the country it is not enough at all to effectively meet demands even at a very high price. What a potential for consumption that Nigeria has for world markets, which for its reason and the reasons for new African frontiers since the Colonial eras if not through the slave trade era, that a country may look the promise of offering a market to goods reaching Africa or good manufactured from anywhere in Africa including South Africa. It may seem that the lack of standard shipyards are problems encountered in many part of the world, that Nigeria could better resolve with some attitude of how begin their help-yourself projects, projects that will co-inside with opportunities to dump on Nigerian markets as long their turn key investment with direct yield from debt investment categories. It leads here that the rate at which this could be realized will have do away with military past, for sure, many African countries, especially West African would find it comforting to re-issue their own overnight lending with Crude oil as basis for conversion to Nigerian currency, that as much as currency can flow from US, China, and Europe, where Africans, Nigerians (Nigerian Americans) in particular work for in odd jobs far below their rated certiorari can look at Crude oil as a banter in world markets, in channeling the amount of currency that could migrate to Africa. US penetration of Nigeria is counted through currency sent through Banks and Western Union, the currency is by itself a commodity – no different from any other product – that if migrates from one areas of the border another, it dictates the market where it essentially sees the light of translation and  exchange. In such cases, the idea of price as a function of the market or price of a function of a currency rate is give new meaning, that the currency wars between any foreign denomination against a local one when a banter such as Crude oil for Nigerian case or a banter such as common market item is no longer at ease.

 

The currency when not accounted for mitigates the local currencies leading for instance more Mexicans Pesos to redeem itself from other in-flock material currency or money laundered from Asia, US and Europe. Here for explicating deist, the idea of money laundering includes money simply not accounted for, whereas trade-deficit is a shift from equilibrium and the degree of that shift from the acceptable concept of x, y, z, which matters in names of black market and in names of shadow banking, that must be held to remain in the balance with the local exchange route unless there is a mitigation……  

 

Once more justifying some action chiefly motivated by money is placing a latch on the door made of papers. It is hardly the case that we may question some of the assumptions in the businesses of these foreigners in Africa or others in Asia and in Europe, or in reverse, people who visit some parts of world for private interest have their reasons for doing so. What we may argue is that the business interest and styles may differ, people may differ but generating income and benefit is sine qua non of co-existence, that efforts of any group of nations or continents in any part of world towards a future should be held together along the lines of the economic co-operatives, adding the protections of Commerce from rapacious attitude of the general public. It is here that the word I for disequilibrium and thou for attempt at economic equilibrium leads us to compare to what extent, say a new market with a helpful serving premise in West Africa could help generate an unforeseeable stability that necessary for growth in the Continent of Africa or how the regional franchise of their demand and supply market is buttressed elsewhere – either in some parts of the deeper SEA (South East Asia) or with some capacity enabled by reason that what may be achieved through scalability of Interest rate in North America or in Europe. Reading through Europe pamphlets for regional belter weight for African economic environment and business society, we cannot fail to have noticed that part of the heavily edited pamphlet is proof of their capacity to farm the region as part of the older exercised economic practices of extending European goods through trade fair and money function that they are scaled through overnight lending. It may seem that these pamphlet toeing the lines of IMF infrastructure and privatization schemes leading to single currency which by itself is non sequester and entirely flawed if not hurtful to world markets – going by any measure of economic theories – are so devised to enable both continents continue good businesses which is not the required business format for financial satellite systems for Africa and its third world economies, that opposing such pamphlet may be suggesting an opposition to some hints of financial colonialism which can be argued as the indirect motivation to seek new avenues. But this is not the case, the idea of region balance sheet for Africa and for several parts of world is no only faulty in its inception, it perpetuates the wrong notions of economic triumph which is legal tender can inaugurate and to a large extent, the pamphlets and their leading think-through are not sufficient in enabling the requisite changes necessary in Africa in general, or to be specific, in regions of Africa that require their own economic satellite. It looks from all standpoint that new emphasis on African markets and their exchange and buying power should be tolerated in many sensitive areas of economic business such as those of ECOWAS and some other good countries in Southern Africa led by South Africa. Perhaps the idea as a rotunda or watering hole should place Egypt as part of the landscape in the North, for if we compare the roles of Morocco and Egypt, we are at once at the torching stones Asia and decided interest from North Africa. It is all in gum thinking that it seems, that Nigerians in West Africa are neither concerned about the structure of businesses in Africa or structure of business in the world, that they are primarily concerned with survival making Nigeria by default a highly consumptive economy where other Africans with enough penetration capacity find their products and produce shipped even from South Africa or flown daily through air, ravished and consumed in matter of days and weeks. In the past, there are 34 airports in Nigeria, but in recent years many of them were forced to fold, largely for problems of maintenance and engineering which the balkanization of their local currency more than made difficult. No doubt Ghana barely surviving in West Africa do not account for the lack of materials in Ghana, their industrial revolution – making necessary products easily available or manufacturing meeting and beating estimate over a long period of time – has not taken full mobility. Worse than Ghana is Nigeria that can only generally boast of major structural changes besides the buildings which themselves were forced to erect due to very high demands of housing. It is longing to consider that a place such as Lagos as some observers have said were built by Nigerians – at least in the last half a century, lodging some of the numbers available or comparable to other active cities in world.  But like some of the countries that are grouped as MINT, these countries do have a major city that experiences and benefits from the most recent Government endeavors such a Mexico City that have a expansion leading to 17 million people, that is a fifth of all Mexicans live in Mexico City, which also means a reverting to partial equilibrium of a certain measure, which in the end could suggest that the problems of these MINT such as Mexico and Nigeria is the problem of equilibrium. Uneven development with emphasis on one or two areas of business or nexus point in these economies, such as Lagos Nigeria with about 17 million and with buildings reaching into the Island, may mislead an observer on the economic prowess of the nations. Perhaps he or she would travel to Abuja and see another vast expansion of population comparable to Austin in growth in the last 20 years, Abuja moved from 100 thousand people to 1.1 million and more in less 20 years, all in spite of heavy cost used to welter the attention on the capital. Such evidence is opulence in Port Harcourt, Rivers State and in parts of Ibadan in Oyo, give in and out on what population can do any economy and there is need for anchor.

 

The intent of nation builders has never been to forge a state that live forever or have a people too familiar with longevity of State such as Egypt and in mimesis Rome, speak of the Foundations that will last 10 thousand years. Perhaps Egypt and its claim to history reaching 100 thousand years, leaves much to be studied and desired concerning the evolution of a super-power and whether or not it is possible to gauge the age of this super power state from the corridors of politics or religion. Rome is not Egypt, rank far below Phoenician which they destroyed in Cartage, rank lower than Babylon, and in so far as the dominions of Persia and Assyria, Rome belong up there but nowhere formidable. Macedonians have a titled history that compares with Rome, their penetration into deeper areas of the world was compared mainly to Mongols and their Genghis Khan. In rear light of more recent stories, neither the French who no new comers to world business or the English or the Dutch approached the territorial integrity of these nations before them, including the long winded audacity of Islam who not only brought religion to their areas of world but also their business. If Syria is considered of all of the neighboring states to be link to Asia and Africa and Europe, attempts at taking Syria occupied leaders of all meaning going as far as Jordan and Egyptians whose obelisk are still found in several parts of that Peninsula. When the Mongols arrived in parts of Syria, they were not bringing religion to these cultures and people, they were interested in business and what the area could generate for them. When the Nestorians took their possession and religions to Turkey and into China, the religion survived but more than the religion, it was the Silk Road to China that remained the connecting point between China and the rest of the world. The comparison between Egypt as a super state separated from the problems of the Middle East or at least meddled of slovenly into it, it makes for the augment that the Amana letters where the Amurru and sheep hoards paint a picture of Egypt and pharaoh whose help were solicited, for troubles in these areas. Religion, people, politics and money are all part of the same struggle and require some measure of discipline to have access to what it could offer. Penetration to some parts of the world and Asia is a matter to be discussed along the corridors of US policy in Syria, especially the long and tedious relationship between Russia and the Arabs.

 

David Livingston traveling through parts of Africa believed that the future of Africa was to be revived through Christianity and Commerce, he wasn’t kidding, Livingston may have condemned East Africa but he was passed on a gentle man missionary, and even in our generation, some people consider this man who actions nearly mitigated against a whole generation of Africans are a saint. It is an understanding that emotions play into money but for all corners of world business and I for one, have tried to argue, people can only resist the advantage of price only for so long. If there was in Africa – even at the age of Slave trade – a market or a national economic fronting that was similar to what was available in Europe, the movement of resources would have shifted from Europe and the Americans or Asia to this area of importance in Africa. Lack of stable African markets is one of the abiding reasons why Slave trade endured, for if there was a stable African economy, these war Moorish wars in Spain and the course of redemption through labor under the Charles V, would not have materialized into Slave trade or so long. It was convenience of trafficking people for money to a place that was outside their means and ability that gave slave trade a whole century and half, and when the end came for slave trade and for renegade European soldiers who took interest in Gold in East Africa and diamonds in South Africa, that a new and more confounding problems of easing European market through rapacious African wealth took moral significance.