RON BUSBY, SR.
Let me get my disclaimer out of the way first. The U.S. Black Chambers, Inc. (USBC) is a business organization. Our sole purpose is to improve the lives of Black people by actively working to change the market environment. We advocate for improvements in capital access, increased opportunity and the transfer of the skills necessary to successfully, and profitably compete in America’s economy.
Despite this clarity of purpose, we are often called upon to weigh in on issues that typically are addressed by civil rights or social justice organizations. For certain, we are Black in America, so we do have opinions about continued evidence of inequality, racism, bigotry, discrimination and hatred being directed against Black people. But, as I said, we are a business organization, so our perspective is always going to be a business perspective.
Donald Sterling is a businessman who owns, among other interests, a National Basketball Association franchise. Donald Sterling said some insulting remarks that prove his disdain for Black people, presumably including the men whose athletic ability make his franchise valuable. And Donald Sterling, through his twisted thinking, has hijacked all of Black America’s communications channels: Facebook, Twitter, radio, newspapers… all on fire with commentary about Sterling and what must be done to make him pay.
After the headlines
Excuse me, but there’s real life going on here. Black America, even after the furor over Sterling’s rants have dissipated, will still suffer from gross inequality. The $2.5 million fine levied by the NBA for his transgression is a pittance for someone whose fortune is reported to be $1.9 billion. He will profit several hundred millions if, as expected, he will be forced to sell the team.
And all the while, most Black businesses are still not able to qualify for a loan guaranteed by the full faith and credit of the United States government. Black businesses are still failing to net their federally mandated share of contracts awarded by that same government. As a result, Black unemployment figures – as reported by the same federal government – are still spiraling skyward, with no apparent ceiling.
Talk about misplaced anger.
Just say no
In the meantime, if we truly want to demonstrate our displeasure, let’s go cold turkey. Turn off the NBA playoffs. Don’t buy another jersey. Don’t watch NFL games this fall. Stop buying that profanity-laced, misogynistic crap that is being foisted upon us as cultural expression. If it’s our money that is financing the exploitation of Black talent, we can do something about that. If the empires built on exploitation can no longer rely on our complicity (in ticket sales, athletic attire, and viewers/consumers, etc.) they will quickly lose their value.
So, we have a real opportunity here to prove that we really have taught our dollars some sense. Racism, bigotry, discrimination and personal animus seem to be, after all these years, beyond our control. Unfortunately for us, those behaviors are also apparently beyond the control of federal laws designed to stamp them out.
Our money, however, is entirely within our control. If you don’t like racism, don’t finance it.
If you don’t appreciate being discriminated against, don’t finance it. If you don’t like stupidity, don’t finance it, either. After all, money talks…and you-know-what walks. You can take that to the bank.
Ron Busby, Sr. is president and CEO of U.S. Black Chambers, Inc. For more information about the U.S. Black Chambers, go to www.usblackchamber.org.