What is the African Manifesto
The word African specifically relates to the indigenous people of the African continent and their descents in the Diaspora ( Caribbean , Americas , Arabia , etc). The race-nationality model such as that currently employed by African-American, African-Brazilian and African-Caribbean communities more accurately describes the identity whilst fully articulating the history and geopolitical reality.
The miscellaneous usage of the label 'Black' within this site reflects its contemporary use as a means to denote a specific
Thursday, December 3, 2015
Debt Serfdom in America: Spiralling Household Debts, Mortgages, Credit Cards, Student Loans
The consumer credit market is the dream paradise of money merchants, known as moneylenders. Just as pharma companies sell drugs to make money by way of profit, money merchants sell money to make money by way of interest. Note again, money merchants sell money to make money. They sell money to millions of American consumers needing to buy houses, cars, or home appliances. They sell money to millions of American students becoming physicians, lawyers, managers, as well as to college students. Big operators set up banks, brokerage houses, and credit unions. Small operators run payday loans and pawnshops. The rich and the wretched, the lord and the tenant, teachers and students, men and women, all this and all that, except the privileged few, are obligated, in one form or the other, to money merchants.