I was going to switch to Wachovia, but that thought is now erased.
Any African who lived in that era belonged to an African tribe that practiced slavery.
White slave traders did not run around the African West Coast chasing down slow Africans. They bought African slaves captured in African tribal wars by other Africans.
With all the restructuring in the banking industry, is there any bank that can't be shown to have done business with slave-owners?
I mean c'mon! And if this goes further towards 'reparations', what are we going to do? Nail all of today's corporate share holders for the 'sins' of past managers 200 years ago? That's insane.
If they want to know who profited the most from slavery, then they should research the national democratic party's past misdeeds.
Time for another couple of trillion bucks to be transferred from productive citizens to nonproductive citizens. We all know how well that worked with the Great Society. Hello, welfare, goodbye black family.
......and the name of my bank? Not Wachovia of course.
Jeezzz!
This whole business is nothing but a financial shakedown orchestrated by a few race-bailing poverty pimps.
This garbage of demanding apologies from and punishing a generation for the sins on their ancestors sounds like something straight out of the Koran. No wonder the leftists are so enamored by it.
Please let this dog die - get over it, Wachovia.
I think the bank should be willing to give $1 million to any person that was a slave owned by a predecessor company. No fair digging one up, they have to arrive with a heartbeat and documentation.
Otherwise, not a dime for the shakedown artists.
Idiot.
As anyone released a "not our doing" comment.
One executive was sent to one "executive sensitivity training secession" one time too many.
I'm starting a new reparations movement. Any decendent of a slave who is now making above average income must repay the slave owning families for instilling fortitude, physical strength and stamina, and a tremendous spirit and will-to-live in them. Let them pay the money in accordance with their income and assets.
Any southern bank, or company for that matter, whose beginnings were before the Civil War most likely had involvement in owning or financing slaves. Being a former bank examiner, I know of a large Alabama bank that has a branch office that dates back to 1836. They took me in the basement and showed me the room where they held slaves as collateral. It was a fact of life then, and it is absurd to be upset about it now. People in this country, particularly on the civil rights side (Muslims are good at it too) make a sport out of finding things that they are offended by. It is pure horsesh*t.
"Never let your schooling interfere with your education." B4Ranch
(one investment banker who is African American and works in Cummings' group but who asked not to be identified.)
"Any bank in that era likely did business with wealthy people who owned slaves," he said.
Citing the official US Census of 1830, there were 3,775 free blacks who owned 12,740 black slaves. Furthermore, the story outlines the history of slavery here, and the first slave owner, the Father of American slavery, was Mr Anthony Johnson, of Northampton, Virginia. His slave was John Casor, the first slave for life. Both were black Africans. The story is very readable, and outlines cases of free black women owning their husbands, free black parents selling their children into slavery to white owners, and absentee free black slave owners, who leased their slaves to plantation owners.
-"Selling Poor Steven", American Heritage Magazine, Feb/Mar 1993 (Vol. 441) p 90
Of course, a full telling of Black History would not be complete without a telling of the origin of slavery in the Virginia colony:
Virginia, Guide to The Old Dominion, WPA Writers' Program, Oxford University Press, NY, 1940, p. 378
"In 1650 there were only 300 negroes in Virginia, about one percent of the population. They weren't slaves any more than the approximately 4,000 white indentured servants working out their loans for passage money to Virginia, and who were granted 50 acres each when freed from their indentures, so they could raise their own tobacco.
Slavery was established in 1654 when Anthony Johnson, Northampton County, convinced the court that he was entitled to the lifetime services of John Casor, a negro. This was the first judicial approval of life servitude, except as punishment for a crime.
But who was Anthony Johnson, winner of this epoch-making decision? Anthony Johnson was a negro himself, one of the original 20 brought to Jamestown (1619) and 'sold' to the colonists. By 1623 he had earned his freedom and by 1651, was prosperous enough to import five 'servants' of his own, for which he received a grant of 250 acres as 'headrights.'
Anthony Johnson ought to be in a 'Book of Firsts.' As the most ambitious of the first 20, he could have been the first negro to set foot on Virginia soil. He was Virginia's first free negro and first to establish a negro community, first negro landowner, first negro slave owner and as the first, white or black, to secure slave status for a servant, he was actually the founder of slavery in Virginia. A remarkable man." http://www.pbs.org/wgbh/pages/frontline/shows/secret/famous/johnson.html
I found the reference, out of Michael A. Hoffman II's "They Were White and They Were Slaves: The Untold History of the Enslavement of Whites in Early America" : Joseph Cinque was himself a slave trader, selling his fellow blacks into this horror after he himself was set free by a US court.
Amistad producer Debbie Allen calls this destabilizing fact a "rumor." She'd better. If the thinking public, black and white, discover that "noble" Cinque later sold his own people in the very manner he condemned, then there will be a second mutiny, this time against Spielberg and his shameless hoaxing.
Here is Samuel Eliot Morrison, one of the most distinguished of American historians, writing in his "Oxford History of the American People,"
(New York: Oxford Univeristy Press, 1965), p. 520:
"The most famous case involving slavery, until eclipsed by Dred Scott's, was that of the Amistad in 1839. She was a Spanish slave ship carrying 53 newly imported Negroes who were being moved from Havana to another Cuban port. Under the leadership of an upstanding Negro named Cinqué, they mutinied and killed captain and crew. Then, ignorant of navigation, they had to rely on a white man whom they had spared to sail the ship.
"He stealthily steered north, the Amistad was picked up off Long Island by a United States warship, taken into New Haven, and with her cargo placed in charge of the federal marshal. Then what a legal hassle! Spain demanded that the slaves be given up to be tried for piracy, and President Van Buren attempted to do so but did not quite dare.
"Lewis Tappan and Roger Sherman Baldwin, a Connecticut abolitionist, undertook to free them by legal process, and the case was appealed to the Supreme Court. John Quincy Adams, persuaded to act as their attorney, argued that the Negroes be freed, on the ground that the slave trade was illegal both by American and Spanish law, and that mankind had a natural right to freedom.
"The court with a majority of Southerners, was so impressed by the old statesman's eloquence that it ordered Cinqué and the other Negroes set free, and they were returned to Africa. The ironic epilogue is that Cinqué, once home, set himself up as a slave trader."
(End quotation from historian Samuel Eliot Morrison)
BLACK SLAVEOWNERS
http://americancivilwar.com/authors/black_slaveowners.htm
Child slavery today in West Africa?
http://gbgm-umc.org/nwo/99ja/child.html
Slavery throughout historyhttp://www.freetheslaves.net/slavery_today/slavery.html
"To pursue the concept of racial entitlement--even for the most admirable and benign of purposes--is to reinforce and preserve for future mischief the way of thinking that produced race slavery, race privilege and race hatred. In the eyes of government, we are just one race here. It is American."
--Supreme Court Justice Antonin Scalia
"The democracy will cease to exist when you take it away from those who are willing to work and give it to those who would not."
Thomas Jefferson
Perhaps the group that had the strongest vested interest in seeing the South victorious were the black slaveowners. In 1830 approximately 1,556 black slaveowners in the deep South owned 7,188 slaves. About 25% of all free blacks owned slaves. A few of these were men who purchased their family members to protect or free them, but most were people who saw slavery as the best way to economic wealth and independence for themselves. The American dream in the antebellum South was just as powerful for free blacks as whites and it included the use of slaves for self-improvement. They bought and sold slaves for profit and exploited their labor just like their white counterparts.
Richard Rollins
After their capture one group of white Virginia slave owners and Afro-Virginians were asked if they would take the oath of allegiance to the United States in exchange for their freedom. One free negro indignantly replied: "I can't take no such oaf as dat. I'm a secesh nigger." A slave from this same group, upon learning that his master had refused, proudly exclaimed, "I can't take no oath dat Massa won't take." A second slave agreed: "I ain't going out here on no dishonorable terms." On another occasion a captured Virginia planter took the oath, but slave remained faithful to the Confederacy and refused. This slave returned to Virginia by a flag of truce boat and expressed disgust at his owner's disloyalty: "Massa had no principles." Confederate prisoners of war paid tribute to the loyalty, ingenuity, and diligence of "kind-hearted" blacks who attended to their needs and considered them fellow Southerners.
Ervin L. Jordan, Jr.
A History of the South
Fourth Edition, Alfred A. Knopf 1947, 1953, 1963, 1972
by Francis Butler Simkins and Charles Pierce Roland
P. 125-126
BEGIN QUOTE: Abolitionist assertions that the bondsmen were frequently inadequately clothed, underfed, and driven to death are economically unreasonable. Masters wished to preserve the health and life of their slaves because a sick Negro was a liability and a dead Negro was worth nothing. A rough plenty prevailed on the average plantation. “The best preventive of theft is plenty of pork,” was the advice of a Virginian.
Slaves probably fared as well in the enjoyment of the necessities of life as did most of the free laborers of the country. One of the most respected of all Northern critics of slavery, Frederick Law Olmsted, wrote that the Southern bondsmen lived in quarters quite as adequate as those of most mill or mine workers elsewhere, and that the slaves were perhaps the best fed “proletarian class” in the world. He also testified that they worked less than did free laborers.
Incomplete statistics reveal that the slaves averaged somewhat higher sickness and death rates per thousand than did Southern whites as a whole. But the slaves were from all indications as healthy and long-lived as white common laborers in the United States before the Civil War. It was general knowledge at the time in Louisiana that the slaves were better off in these respects than were the thousands of Irish immigrant laborers engaged in clearing land and digging drainage canals on the sugar plantations.
The planters were reluctant to commit their expensive chattels to this dangerous work, but preferred to hire free laborers, whose loss by death, sickness, or injury cost nothing. A careful study of the figures on a group of 875 plantation slaves whose records are preserved indicates their average life expectancy at the time of birth to have been longer than that of the general population of such cities as New York, Boston, and Philadelphia during the same period. An authority on urban slavery concludes that the medical care, health, and welfare of slaves in Southern cities were superior to the care, health, and welfare of the free Negroes; and the outstanding work on the life of Negroes in the North at this time shows that they fared no better in such matters than did free blacks in the land of slavery. END QUOTE
Booker T. Washington. It’s worthwhile quoting.
“There is (a) class of colored people who make a business of keeping the troubles, the wrongs, and the hardships of the Negro race before the public. Having learned that they are able to make a living out of their troubles, they have grown into the settled habit of advertising their (the black people’s) wrongs – partly because they want sympathy and partly because it pays. Some of these people do not want the Negro to lose his grievances, because they do not want to lose their jobs . . .”
Booker goes on to say: “There is a certain class of race problem-solvers who don’t want the patient to get well, because as long as the disease holds out, they have not only an easy means of making a living, but also an easy medium through which to make themselves prominent before the public."
Read about Child Sex Slaves!!
Tennessee in June 1861 became the first in the South to legislate the use of free black soldiers. The governor was authorized to enroll those between the ages of fifteen and fifty, to be paid $18 a month and the same rations and clothing as white soldiers; the black men appeared in two black regiments in Memphis by September.
Black Confederates and Afro-Yankees in Civil War Virginia, Ervin L. Jordan, Jr., (Charlottesville, VA: University Press of Virginia, 1995) pp. 218-219
The last thing the UN is trying to do is reduce slavery throughout the world!
There are more slaves today than were seized from Africa in four centuries of the trans-Atlantic slave trade. The modern commerce in humans rivals illegal drug trafficking in its global reach and in the destruction of lives.
Yeah, that oughta satisfy the moochers, eh?
"Harvard Law professor Charles Ogletree, meanwhile, said this week that the bank's apology was incomplete without a financial component."
Oh really? I thought it was about being honest and open with the bank's past. Thats what all the cities want with their resolutions. Just an open airing of the past.
Since Harvard owned slaves and students kept slaves while attending, just where is the good professor's financial component?
Idiots. Idiots all.
and what are we supposed to do about it now???