Wednesday, January 7, 2009

A Progression mindframe in this Recession time frame








Greetings everyone, 2009 is a transitional year and a year that Pres. Elect Barack Obama promulgated as a year for immediate change. Recently, Pres. Barack Obama plans on proposing and passing an economic revitalization plan which is known as the "Economic Stimulus Plan." This plan was stated to inject $75 billion into the economy as a result of this year's past $700 billion economic crisis this past fall. The plan will be for Americans who were negatively affected financially by this recession. The plan will be proposed to revitalize and rectify this precarious economy. The plan will create new jobs, fund more money for the working class employees, fund more money for senior citizens, businesses that experienced significant immense and enormous losses due to the recession, home owners "hit" by the housing crisis and local/ state government and bureaucracies who were also affected by the finanical crisis.

The plan was created to unify or conjoin as Obama would say "Main Street and Wall Street" so that the government could re-invest more money into the economy (so that it could eventually operate functionally). The four main components of the plan is to first; provide a $250 tax cut for workers and their families, second; to provide an additional $250 to low and middle income seniors on their social security check, third; to establish a foreclosure prevention fund to help families avoid foreclosures, and lastly, to provide $10 billion to state and local government to prevent cuts in health, education and infrastructure.The provisional Obama administration wants this plan proposed, issued and in effect immediately. Obama covets the economic stimulus plan to be voted for by January 20 during his inauguration so that he could begin his primitive stages in solving the problem. Meanwhile, the administration is waiting for the approval by The House of Representatives and the Senate to pass the bill and the Republicans want to filibuster the bill because they want it to be meticulously investigated, scrutinized and reviewed before the government freely gives an enormous amount of money to the economy. Critics, aides and others also worry about the "price tag" of the plan because some say that it may cost over $775 billion! Currently, there isn't a valid price tag on this plan and Obama believes that there needs to be an immediate change for a better economy which will be a catalyst for a better America.

Economists agree with this stimulus plan because they believe that it is factual and inevitable that the economy needs to be restored in high urgency. It is evident and prevalent that most Americans could not afford health care, most Americans are unemployed, most Americans can't afford to pay off their mortgages, foreclosures are increasing, debt is increasing and in 2009, there is a need for government to solve the problems of the American people to help restore, stabilize and liberate the economy from its "infectious" financial crisis. I congratulate Pres. Elect. Barack Obama for running an indisputable, unforgettable and tremendous campaign but now it is up to us as "Americans" to "penny pinch", invest wisely, rely on ourselves, educate ourselves and provide for ourselves so that we could help better our conditions in America. In today's time we are living in a "high tech", "low touch" society and we need to remain “high tech” but we also need to reach out to others, stop being individualists but communitarians, so that we could help alleviate these financial problems and create opportunities for one another.

Personally, I am not a republican or democrat but an African in America who is an advocate for Black Nationalism. Our first African American president in the United States is a great accomplishment but it is up to us to emancipate ourselves from this “recession”, employment and enslavement mentality. Remaining inferior to others is indeed a nebulous or weak role to play in today's times. Instead we should educate ourselves on politics, economics, sociology, science and other fields in order to broaden our scope on society and our potential roles in society. We should create businesses to keep the annual $800 billion that "Black Americans" generate in our community so that we could provide employment within our community and learn the essentials of marketing to attract customers within our community and abroad. Once we keep money flowing within our community, than we will enhance technology which will make businesses and hospitals in our community more efficient, effective and adequate in helping ourselves physically, mentally and financially. We could use our inflow of money to better the education in our community which will be a catalyst for a generation of adequate political, leaders, entrepreneurs, scientists and intellectuals in our community. By doing all of this, we will rectify our conditions in "Black America" or on "Main St", have businesses on Wall St., export good internationally to expand our businesses and eventually we will import wealth in our community which will be a catalyst for a better American economy!

From a Black Nationalistic standpoint, we need to alleviate ourselves from the "recession" mindset and start thinking about "progression" and as a "Black Americans" this is how our economic problems in our community and eventually the United States as a whole. It is a fact that, one man and one administration could not change this country alone; things will only get better once you decide to make them better and the first place to start is in the community in which you live in. Us “Black Americans” would have to synergize and be cohesive with one another and when we solve our financial crisis on a communal or community level than concurrently, it will immensely solve the financial problem on a national level. The great African poet/ philosopher Aesop said it best when he said “United we stand and divided we fall.” In closing, if we want to better America, than we need to unite amongst ourselves, and practice the African principle of Ujamaa which means cooperative economics.

1luv,

Baruti.

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