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Black Quotes

“The fears of recession in the aftermath of Black Monday have turned to fears of the economy racing ahead too fast, with inflation edging up and a substantial current account deficit... People understandably feel more confident about their future than they've done for decades, but as a result they have been borrowing more and saving less... Coming on top of a massive income investment boom, it's all been just a bit too much of a good thing.”

“By 1940 the literacy figure for all states stood at 96 percent for whites. Eighty percent for blacks. Notice for all the disadvantages blacks labored under, four of five were still literate. Six decades later, at the end of the 20th century, the National Adult Literacy Survey and the National Assessment of Educational Progress say 40 percent of blacks and 17 percent of whites can't read at all. Put another way, black illiteracy doubled, white illiteracy quadrupled, despite the fact that we spend three or four times as much real money on schooling as we did 60 years ago.”

“I come to the categorical conclusion that precisely at this moment we must give battle to the Black Hundred clergy in the most decisive and merciless manner and crush its resistance with such brutality that it will not forget it for decades to come. The greater the number of representatives of the reactionary clergy and reactionary bourgeoisie we succeed in executing for this reason, the better.”

“Actually we've had a black bourgeoisie or the makings of a black bourgeoisie for many more decades.In a sense the quest for the emancipation of black people in the US has always been a quest for economic liberation which means to a certain extent that the rise of black middle class would be inevitable. What I think is different today is the lack of political connection between the black middle class and the increasing numbers of black people who are more impoverished than ever before.”