Morning thoughts
Biden is once again running a campaign on results he most certainly can’t produce. Will the people once again allow emotion to cloud their judgment? Some say that the last election was about choosing the lesser of two evils. I’d like to agree; however, I know that it’s all the same evil wearing different colors for the crowd.
So, how does one navigate the political arena? A better question: how do minorities navigate the political arena? Well, I think understanding how it works is a start. Understanding that whoever we vote for has to have party support in both branches in order to move a car from one side of the road to the other.
Minorities face unique challenges in the political landscape, often encountering systemic barriers and underrepresentation. Historical disenfranchisement and ongoing discrimination shape their experiences, making it essential to address these issues to ensure equitable participation. For instance, voter suppression tactics, such as gerrymandering and restrictive voter ID laws, disproportionately affect minority communities. Additionally, the lack of diverse representation in elected offices hinders minority voices from being heard and needs being addressed. Therefore, strategies to empower minorities in politics should focus on dismantling systemic barriers, promoting inclusive policies, and amplifying marginalized voices.
The next issue is: why am I voting without anything to gain? Well, why are any of us voting without anything to gain? The answer lies in a few questions: What do WE need? What can they truly accomplish?
Politics is exactly like chess; in order to capture the King, you have to set the board. How do we set the board up in our favor?
Digression:What I’ve noticed in other countries, and in some smaller communities, is that the ‘locals’ create their own politicians. What do I mean? The community invests in their own youth and grooms them to become a representative for that community at the local level of politics. An example would be the city council. So, that’s always a great start, and from that example, there is a long-term appreciation for having equity, equality, and representation that truly understands the needs of the people. The beauty in this example is that this is an ancient practice.
End of digression
So, we have to figure those two things out. Presidential candidates talk a good game, but in reality, they are as useless as toilet tissue wrappings; they don’t serve as representatives of the things we all actually want and need to use — the toilet tissue.
Investing and stocks come to mind because I’ve made some decent money in both arenas and lost a lot from one bad investment — GME. Yes, I was one of the people who got burnt in the movie ‘Dumb Money,’ but I can say I was a millionaire for a moment in time 🤣🤣🤣.
I’ve been asking myself for a very long time why aren’t we leveraging our human capital in politics, voting as a block, and our financial capital in new and emerging markets, investing in blocks as a means of creating wealth for US as a community, as a race, for OUR children’s future. Taking into account the competition that I am aware of and all the obstacles we have faced in the past, I am not discounting that. However, I am counting on where we have been in the last 30/40 years, or more importantly, where my generation is with access to information and institutions like never before, yet struggling to harness the immense power these opportunities can offer us to bridge the wealth gap. The article that says it would take until 2090 to close the wealth disparity in America is insane, considering we have historically spent trillions of dollars consuming — my definition being buying things that depreciate in value.
I could go on about what I’m thinking, but if you made it this far, thanks for staying and hearing about 2 percent of my thoughts from reading ‘The Morning Brew.’
Stocks to look into:
• Rivian
• TMC
• Sofi
• NVIDIA
• SMCI
