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Showing posts from September, 2020

Insuring Against White Supremacy Attacks

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Sorry to the fanbase; I know that it’s been a while since I’ve made a new post. I just haven’t felt like typing anything lately. However, this post necessitates it. Hidden Colors’ producer, Tariq Nasheed, mentioned something very important in one of his latest broadcasts; he mentioned the need for Foundational Black Americans (FBA) to insure themselves against White supremacists’ attacks. He specifically said life insurance. However, I’m going to expand upon that—since insurance is my expertise. First, I’m going to give some background on insurance. During slavery, slaves were insured. This, along with the tangible benefits our ancestors provided, are why slaves were insured. All of the slave-owners purchasing property insurance fueled the insurance economy and gave rise to insurance juggernauts . (By the way, slaves were considered property.)  This is a major reason why racist White people didn’t go around killing Black people. If they’d have done so, they’d have gotten into troub...

Using Debt to Open a new Income Stream

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What if I gave you $10,000 and told you had to pay it back in 60 months?  This debt has a 37.7% interest rate, so you're paying $372 per month for 60 months.  After you have made your last payment, you would pay over $22,000 in total.  Would you borrow this $10,000? What if I told you that you could pay that debt off in 24 months instead of 60?  What if I told you that if you paid it off in 60 months, you would make an additional $1,500 per month? People fear debt because they use it for frivolous bullshit—the cars, the houses, the watch, the electronics, etc.  The people who welcome debt are people who can make money when they get into debt. Let's say you're a savvy businessperson and want to make some extra cash flow.  You decide to go into the vending machine business.  You go to a loan officer and borrow $10,000.  It has a 37.7% interest rate, so you're paying $372 per month.  You scout for 2 locations.  Each location wants a beverag...