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"2010 Black, A New Economic Renaissance, The 40 Year 80 Clip, Pookie and Ray Ray own Wall Street"

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Abstract:

Abstract

The Motivation for writing “2010 Black, A New Economic Renaissance, The 40 Year 80 Clip, Pookie and Ray Ray own Wall Street”, is because of the projected dollars, 1.1 Trillion according to the 2009 Georgia Business and Economic Conditions, Multicultural Economy, that African Americans will consume or have access to spend in the year 2014. The Challenge is to get our youth and our adult brothers and sisters, but mainly our youth to think Financial Infrastructure and Community Investment Building. International Banks, Office Buildings, Global Manufacturing, International Business with a local flavor. Economist Harry S. Dent, Jr. speaks in his books, “The Next Great Bubble Boom”, and “The Great Depression Ahead”, about “the modern-day 80-Year New Economy Cycle, which occurs over two 40-year generational boom and bus cycles”. (1) A unique opportunity has occurred, which gives African Americans a great financial point of leverage, 1. Beginning with the Greenwood District, in Tulsa, Oklahoma, (Infrastructure Building), “Known by some before the riot as the “Negro’s Wall Street,”. (2) 2. The Great Migration of 1916 to 1930 and the Second Great Migration of 1940 to 1970. (3) 3. Blacks on Wall Street in the early to late 1960s with, Joseph L. Searles, first Black member of the New York Stock Exchange in February 1970, other Great business were started because of the pioneering work of First Harlem Securities, Russell L. Goings Jr., such businesses as Mr. Byron Lewis, founder of the UniWorld Group and Earl G. Graves, founder of Black Enterprise Magazine.” (4) 4. The first 40 year clip of the 80 year economy ended in the 1960s, early 1970’s, with restrictive Banking and business financing. 5. Fast forward to 2008, President Barack Obama and “Mr. Chris Williams of Williams Capital Group LP, and African-American-owned broker-dealer and asset manager in New York. In the week of May 21, 2009, Goldman Sachs Group Inc. invested $1 billion in a money-money fund managed by Williams Capital, more than doubling the amount of funds the firm has under management and pushing it over a critical size threshold that could help it attract additional institutional investors.” (5)
6. “Pookie and Ray Ray, as a aggregate generation, (“millennials”), are about to inherit by default, (80 years of hard work by black people who were not allowed to participate fully in Wall Street money making activities, and were forced into very conservative investments), a major part of the 1.1 trillion dollars. As the 20th century, 80 year economy rolls over into the new economy, which starts in 2011, and the next Great Migration is International Digital Money, (Techno-financial), also with over 25 Securities Exchanges in the world and the internet is the smart phone, the Challenge is to teach the history of economic development on Wall Street as an International Entrepreneur, in “THEIR LANGUAGE”, so that our children can grow that 1.1 trillion for the next 80 year economy. © 2010; Willie E. Tucker Jr., All Rights Reserved
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Association:
Name: 95th Annual Convention
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http://www.asalh.org


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MLA Citation:

Tucker, Willie. ""2010 Black, A New Economic Renaissance, The 40 Year 80 Clip, Pookie and Ray Ray own Wall Street"" Paper presented at the annual meeting of the 95th Annual Convention, Raleigh Convention Center, Raleigh, North Carolina, Sep 29, 2010 <Not Available>. 2014-11-27 <http://citation.allacademic.com/meta/p436151_index.html>

APA Citation:

Tucker, W. , 2010-09-29 ""2010 Black, A New Economic Renaissance, The 40 Year 80 Clip, Pookie and Ray Ray own Wall Street"" Paper presented at the annual meeting of the 95th Annual Convention, Raleigh Convention Center, Raleigh, North Carolina <Not Available>. 2014-11-27 from http://citation.allacademic.com/meta/p436151_index.html

Publication Type: Individual Paper
Review Method: Peer Reviewed
Abstract: Abstract

The Motivation for writing “2010 Black, A New Economic Renaissance, The 40 Year 80 Clip, Pookie and Ray Ray own Wall Street”, is because of the projected dollars, 1.1 Trillion according to the 2009 Georgia Business and Economic Conditions, Multicultural Economy, that African Americans will consume or have access to spend in the year 2014. The Challenge is to get our youth and our adult brothers and sisters, but mainly our youth to think Financial Infrastructure and Community Investment Building. International Banks, Office Buildings, Global Manufacturing, International Business with a local flavor. Economist Harry S. Dent, Jr. speaks in his books, “The Next Great Bubble Boom”, and “The Great Depression Ahead”, about “the modern-day 80-Year New Economy Cycle, which occurs over two 40-year generational boom and bus cycles”. (1) A unique opportunity has occurred, which gives African Americans a great financial point of leverage, 1. Beginning with the Greenwood District, in Tulsa, Oklahoma, (Infrastructure Building), “Known by some before the riot as the “Negro’s Wall Street,”. (2) 2. The Great Migration of 1916 to 1930 and the Second Great Migration of 1940 to 1970. (3) 3. Blacks on Wall Street in the early to late 1960s with, Joseph L. Searles, first Black member of the New York Stock Exchange in February 1970, other Great business were started because of the pioneering work of First Harlem Securities, Russell L. Goings Jr., such businesses as Mr. Byron Lewis, founder of the UniWorld Group and Earl G. Graves, founder of Black Enterprise Magazine.” (4) 4. The first 40 year clip of the 80 year economy ended in the 1960s, early 1970’s, with restrictive Banking and business financing. 5. Fast forward to 2008, President Barack Obama and “Mr. Chris Williams of Williams Capital Group LP, and African-American-owned broker-dealer and asset manager in New York. In the week of May 21, 2009, Goldman Sachs Group Inc. invested $1 billion in a money-money fund managed by Williams Capital, more than doubling the amount of funds the firm has under management and pushing it over a critical size threshold that could help it attract additional institutional investors.” (5)
6. “Pookie and Ray Ray, as a aggregate generation, (“millennials”), are about to inherit by default, (80 years of hard work by black people who were not allowed to participate fully in Wall Street money making activities, and were forced into very conservative investments), a major part of the 1.1 trillion dollars. As the 20th century, 80 year economy rolls over into the new economy, which starts in 2011, and the next Great Migration is International Digital Money, (Techno-financial), also with over 25 Securities Exchanges in the world and the internet is the smart phone, the Challenge is to teach the history of economic development on Wall Street as an International Entrepreneur, in “THEIR LANGUAGE”, so that our children can grow that 1.1 trillion for the next 80 year economy. © 2010; Willie E. Tucker Jr., All Rights Reserved


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