This name is especially applicable to Israel because of the geographical position of their country. (Cf. Numbers 23:9, “The people shall dwell alone.”) They were away, off the beaten track of the nations, shut in, and, as it were, hidden, by the deserts on the east and south, the sea on the west, and the mountains on the north, from the rest of the world. But the expression in the text is applicable to all God’s people everywhere and always. They are his hidden ones. And we note concerning them –
I. THE FACT – THEY ARE HIDDEN.
1. Their physical life God often hides from those who would destroy it. Not always does he do this, but often, as Peter from Herod (Acts 12.; and cf. Obadiah’s hiding of the prophets, 1 Kings 18:4). And how often God has hidden his servants in wildernesses, glens, mountain heights, catacombs, etc.! The adversary would fain have destroyed them all, as the wolf the sheep; but they have not all been destroyed, the sheep yet outnumber the wolves.
2. Their spiritual life is ever a hidden one. For it resides not in themselves, but in another, as the life of the branches is in the vine (John 15.; Colossians 3:3). The principles that govern it are not known or understood or appreciated by the world. Its law of self-sacrifice, meekness, etc. Except by uncertain conjecture, the world knows nothing of its springs of action and its controlling motives. The practice of this life is also so different from the world’s life. It is meek, retiring, not loving notoriety; it pursues a lowly and unnoticed way; it has no eye for worldly pomp, no ear for worldly applause. It is not necessarily identified with any places, or seasons, or forms of worship, or order of men; but whilst generally using more or less of them, is independent of them all.
3. And this condition of God’s hidden ones is of their own choice. (Ruth 2:12; Psalm 91:1; Psalm 143:9.) They love to have it so. The hidden life is, in their esteem, the blessed, the secure, the eternal life.
4. It is God who hides them. (Cf. Psalm 31:20; John 10:28.) He does this by his providential care and by keeping them in his own love. And the majority of them he has hidden from men below in his own blessed presence in heaven. The Church on earth is a little flock indeed, not absolutely, but in comparison with the vast flock in the heavenly pastures, and there they are forever hidden from all the malice and might of men or of the devil.
II. WHAT THIS FACT IMPLIES.
1. Their preciousness in the sight of God. Things common and cheap we do not hide, or those for which we do not care. Jewels are hidden oftentimes, and God calls his hidden ones his jewels (Malachi 3:17). And how could they be other than precious, when we remember their cost! – “redeemed with the precious blood of Christ;” each one was bought with that price. And God deems them precious, also, for their own sakes. They can and will respond, ever more and more perfectly, to that love in the heart of God which, like all love, yearns for a response such as they only can give.
2. Their peril. God would not have hidden them as he has were they in no danger (see text). And how perpetually did our Lord bids us “watch and pray”! The world, the flesh, the devil, are ever bent on doing us harm. We are safe only as “our life is hidden with Christ in God”
3. Obscurity. The world knows us not, even as it knew him not. See how all but unbroken is the absolute silence of secular history as to the birth, life, death, and resurrection of our Lord, and as to the history of his Church, until its marvelous growth and supernatural power compelled its attention. And still, the fame, layout, and honor of the world are things which none of God’s hidden ones may seek (John 5:41, 44).
4. Safety. (Psalm 91., the whole psalm.)
5. The love of him whose hidden ones we are.
III. TO WHAT IT SHOULD LEAD.
1. To the deep love of God. Whatever God has given you, he has given and he can give nothing like this – numbering you among his hidden ones.
2. To stay where you are. Dwell in the secret place of the Most High.
3. To have done with forebodings, murmurings, and helpless grief. Should such as you be chargeable with such things?
4. To confession of God’s love to you before your fellow men.
5. To all holy endeavors to bring others where you are
The Canadian dollar has reached parity with the U.S. dollar for the first time since 1976. They are now equal in value. The euro also soared to its highest-ever level against the dollar, trading above $1.40 for the first time since the currency was introduced in 1999.
So why is the dollar plunging, and what impact does that plunge have on U.S. and world markets? Here’s a look at some of the reasons for the dollar’s fall, and the consequences
Why the Weak Dollar?
There are several reasons. First, there’s the difference between the interest rate in the United States — the one the Federal Reserve just dropped by half a percentage point to 4.75 percent — and the interest rates of other central banks around the world.
When the United States dropped its rate, other banks did not follow. Now the spread between the interest rate at the European Central Bank (home of the euro) and the Federal Reserve (home of the dollar) is smaller than it has traditionally been, and that has weakened the value of the dollar against the euro. Put another way, you would get a better interest rate return holding a euro than a dollar.
Second, central banks around the world have been diversifying their holdings away from dollars to euros, British pounds and so on. That means there are more dollars out there in currency markets available to purchase. More dollars floating around means diminished value.
What Effect Does This Have?
Look at the record-high price of oil. Even if the same amount of oil is being pumped out of the ground, since it is traded in dollars and the dollar has weakened, the price of oil has increased to make up for the lost value of the dollar, creating a sort of vicious cycle.
Oil-producing countries don’t want to keep all the dollars they are getting for their oil, since it’s worth less, so they are diversifying and converting their dollars into euros or other currencies. That pushes more dollars back out into currency markets, which in turn pushes down the dollar’s value.
One analyst told ABC News that Russia used to have 90 percent of its financial reserves in dollars. It now has 45 percent in dollars, 45 percent in euros and 10 percent in British pounds.
What Does This Mean in the U.S.?
The news is mixed. It’s good, because it makes what we produce here cheaper to sell in foreign markets, and that in turn spurs exports of our products around the world. That translates into more manufacturing and more jobs. For example, BMW and Mercedes Benz want to build cars in the United States, because they can do it cheaper in nonunion states than in Germany, where they’d pay labor and parts in euros, and then bring the cars to the United States, where they would be too expensive to sell at a profit.
For years now, the collapse of the dollar has been in the cards. Recent developments show mounting pressure on the dollar’s reserve currency status. With a major international deflation going on, the threat of inflation through money printing is unreal. However, should the dollar’s reserve currency status end, the repatriation of trillions of petro- and Eurodollars could lead to a strongly inflationary scenario.
The roles of a reserve currency are to finance international trade and to function as a store of value for Governments. Until the second world war it used to be the British pound, but with the demise of the British Empire, the pound lost its international relevance and was overtaken by the dollar. This was formalized in the 1944 Bretton Woods system. All other currencies were fiat currencies, but pegged to the dollar, which in turn was pegged to Gold at 40 dollars an ounce and redeemable for international trading partners.
We are seeing the advent of the new currency order. There will be a number of more or less equal blocks: a dollar zone, a Yuan/BRICS zone and the euro, with the Yen and the Pound as lesser entities. These will later be able to converge to even more ‘cooperation’, in the Money Power’s relentless march towards World Currency.
These units will be at least partially Gold backed, implying long term deflationary pressures. Central Banks are buying Gold in major quantities, creating the interesting question why Gold prices have not risen in the last 18 months.
Well it looks like we’re heading into some really tough economic times. You’ve already heard much about these high profile banks that have failed and a few others have merged just to survive. Perhaps you haven’t heard just how many other business mergers have been proposed in these tough times. For example:
1.) Hale Business Systems, Mary Kay Cosmetics, Fuller Brush, and W. R. Grace Co. are set to merge. The new name will be: Hale, Mary, Fuller, Grace.
2.) PolyGram Records, Warner Bros., and Zest Crackers will join forces and become: Poly, Warner Cracker.
3.) 3M will merge with Goodyear and become: MMM Good.
4.) Zippo Manufacturing, Audi Motors, Doofasco, and Dakota Mining will merge and become: ZipAudiDoDa
5.) FedEx is expected to join its competitor, UPS, and become: FedUP.
6.) Fairchild Electronics and Honeywell Computers will become: Fairwell Honeychild.
7.) Knotts Berry Farm and the National Organization of Women will become: Knott NOW!
8.) Grey Poupon and Docker Pants are expected to become: PouponPants.
Well OK, that’s not happening. But I thought it might be good medicine to laugh a bit because these days, when it comes to the economy, we’re all a little panicked and afraid. And I don’t blame you. One friend of mine last month was trying to enjoy a wonderful vacation in Europe with her grown children when the news came of the stock market tumble. She said to me, “I just couldn’t enjoy the moment Aaron, because I was thinking about what percentage of my nest egg was blowing away like smoke.”
She’s not the only one in that situation. Small business owners in my church are concerned about laying people off. Some of you have been laid off. Milgard, laid everyone off. Bayliner is done in 60 days kicking over 600 unemployed workers into the job market. A person I spoke with this week, losing their dream home because they’re upside down on their mortgage.
WE FORGOT GOD’S PRINCIPLES
So now we have Republicans and Democrats jockeying for political position to look better than the other in the aftermath of this mess. I’m a bit weary of them all, frankly. Tons of fears and angry thots run through our minds in the context of a hot presidential race.
– Who allowed this to happen?
– What will the candidates do to fix it?
– What’s going to happen next?
– And in a pessimistic moment, we might even ask:
o Are we the generation that will be able to say that we were there when America ended?
So now, I want to weigh in on this, not as an economist but as a student of the Bible and a follower of Jesus Christ. You’ve had an anxious few weeks. You’re mad at the pride of our leaders. You’re mad at the short sighted selfishness in all of us that lead to this subprime mortgage mess. So there’s two parts to God’s wisdom to heed in our fear and anger. The first relates to the world of your finances and the second relates to the world of your heart.
A. BIBLICAL PRINCIPLES
I want to read some bible verses to you and I want you to imagine these were hung on the offices of every bank, every mortgage office and every home in the country.
– Prov 22:7: the rich rule over the poor and the borrower is the slave of the lender.
– Prov 17:18: It is poor judgment to co-sign a friend’s note, to become responsible for a neighbor’s
– Prov 30:25 Ants are creatures of little strength, yet they store up their food in the summer
– Ps 37:21: The wicked borrow and never repay, but the godly are generous givers.
– 1 Tim 6:10: For the love of money is a root of all kinds of evil.
Have we lived by these principles? No. Not personally and not nationally. And now the piper must be paid. We cannot escape these principles, friends. God is not mocked, a man reaps what he sows. With God’s laws, you don’t break them. If you disobey them, they break you. And now, they may break our economy. If we keep going down the path we’re on, one Christian financial consulting firm put it like this:
Failure to heed the principles God has plainly established for our own good will destroy the good faith and credit of the United States government. Should that day come, the consequences will be dire. Our entire economy will collapse with sudden speed, bringing mind-numbing consequences to world order. To avoid the pain, we can print more money, bringing on devastating hyperinflation.
That’s the doomsday scenario, friends.
B. GET OUT OF DEBT
So what can you do? One, save.
Two, the time is now to get out of debt. The Bible does not forbid debt, as it gives rules for how to repay it. But if ever there was a good time to be in debt, now is not that time. And the Bible gives us so many good reasons to want to avoid it:
First, the simple truth, Crown of Life, Kansas Ave and communities abroad is that whenever you sign up for a debt of any kind, you’ve just surrendered a slice of your freedom. The Bible says, Proverbs 22:7: The borrower becomes the lenders slave.
A friend of mine was complaining about how they attempted to garnish his wages for a debt he owed that he had fallen behind on. So he closed his bank account to stop them. He didn’t like them just taking it. He wanted to be back in control.
Well this guy just didn’t get it. Debt takes control over you. It puts you OUT of control. The lender is not obligated to be nice to you. It’s a voluntary legal contract you enter into. And it’s a type of slavery. You don’t get free, until the debt is gone. So if you choose debt, don’t get mad when your freedoms are diminished.
Second, debt enslaves you to excessive earning pressures. Hag 1:6 says, “You earn wages, only to put them in a purse with holes in it.” Debt is simply more holes in your money purse. The more holes, the faster and more frantically you have to pour in.
Third, debt enslaves us to Joylessness. PROVERBS 12:25 says, an anxious heart weighs a man down. There’s nothing like debt pressure to rob you of sleep.
Fourth, debt ties your hands when opportunities to do good come along.
So what I’m driving at is that there are many things about the gov’t’s spending habits that might make you mad, but today is a good day to look in the mirror. Many things you can’t control, but this you can. You can seek to get out of debt as fast as possible and start to save.
Whatever the economy is going to do, this is what YOU can do.
So, friends this is a good time to take some radical steps:
– One, make a RADICAL DECISION TO END YOUR SLAVERY. No one “drifts upstream.”
– Second, analyze your current situation to see where the holes are in your purse:
o House is too big, car is too new?
o Hobbies, vacations? clothes?
o Credit cards?
– Third, get on a repayment plan. Good Sense is available. Sign up.
– Fourth, be generous with God. God invites you to invite him into your financial picture. The Bible says this over and over. Prov 3:9-10: “Honor the LORD with your wealth…; then your barns will be filled to overflowing.” Now, with the economy bad? Especially now! Tithing is an act of faith that invites God to bring supernatural power to reverse your situation.
– Fifth, please consider God’s financial laws as you decide who to vote for in this upcoming election. Anyone, at any level, running for office who isn’t talking about REAL and considerable cuts in government programs – and by that I mean, from the welfare state to the warfare state – is either a fool or lying about what’s coming.
So that’s very practical. But some of you are mired in this thing spiritually and emotionally and I have some even MORE practical news from you, from the Christian gospel. It’s good news! It will cheer you up and give you tremendous hope, if you receive it.
A. ETERNAL PERSPECTIVE
First, this time of financial insecurity is a chance to get focused on forever things, and not temporal things. The American dream isn’t ultimate goal the Christian is shooting for. Neither is seeing America survive as a national, financial and military power. In fact, when some of those temporal things are taken away, we may get closer to our REAL goals.
“what will it prosper a man to gain the whole world but lose his soul? What would a man give in exchange for his soul? …For where your treasure is, there will heart be also.”
It’s not an all-together bad thing to get a hard reminder that if we gained all that this world tells us we should gain, wealth, security, comfort… that that still isn’t what REALLY matters. I’m not saying you shouldn’t save money for retirement. You should. No one wants to be a drain on their kids or the system.
But what is the true point of life? The writer of Ecclesiastes says,
Eccl 12:13-14 Now all has been heard; here is the conclusion of the matter: Fear God and keep his commandments, for this is the whole [duty] of man. For God will bring every deed into judgment, including every hidden thing, whether it is good or evil.
What is the bible saying, friend? It’s saying, this life is not the end. This life is not all there is to live for. The purpose of this life, is to live and prepare for the next life. And ironically that makes for an even richer life here and now.
My parents are volunteers at a college that trains foreign nationals for Christian ministry – in Hawaii. And these people come from the down and out places on planet earth. Malawi, Zimbabwe, Somalia, Pakistan, Peru. And my parents wondered how these people from destitute countries would react to the extravagant lifestyles that we live here, the meals, the cars, the homes.
They were worried that they would be so jealous and envious. They were worried that our wealth would be a stumbling block to them spiritually. They would surely say,
‘why o God did you put me in my horrible country where there’s no MTV? Where I can’t get a Twinkie when I want to, like my American friends? Where I can’t see news of the Brittany Spears saga. Ah, the injustice!”
Well, guess what? They didn’t say that. Friend, this will come a shock to some of you, but those church leaders from around the world look at us and they are overwhelmed with one emotion and it’s not envy. You want to know what it is? It’s Pity.
The pity us. Because they see so clearly that our preoccupation with this life is killing our chance at dying well. They think about dying all the time. In Malawi, the average person dies at my age. They find truth that totally escapes us in what Jesus said,
– Blessed [happy, lucky, favored by God!] are you who mourn
– Blessed are you who are poor
– Blessed are you who are persecuted.
Look, I understand that it’s a rotten thing that some of you might have had your net worth cut in half last month. I feel for you and I wouldn’t be happy about that either. But you and I can have a hope in Jesus Christ that draws us into the Life of God. It’s a forgiven life, a life full of joy and peace and hope for resurrection.
Can I just remind you of how many rich people have gone into depression, dove into drugs or self destruction or even committed suicide because they don’t have what the simplest, poorest Christian has in spades? Peace of mind. Peace with God. A heart full of joy and a family who loves them; Hope for tomorrow and no fear of death. Curt Cobain, Howard Hughes to name two.
Some people would give their fortune for the simple gifts that Christians take for granted.
“Therefore we do not lose heart. Though outwardly we are wasting away, yet inwardly we are being renewed day by day. For our light and momentary troubles are achieving for us an eternal glory that far outweighs them all. So we fix our eyes not on what is seen, but on what is unseen. For what is seen is temporary, but what is unseen is eternal.”
B. NO HOPE IN MONEY
I believe Christ might also use the market downturn as an opportunity to remind us that putting our hope in money is a bad idea. Today, I want to challenge you directly. If we are depressed or mad or fearful, then we have likely put too much trust in money and not enough in God. Perhaps this is a chance to ask yourself how you can move beyond.
IN the Bible it says:
1 Tim 6:17 Command those who are rich in this present world not to be arrogant nor to put their hope in wealth, which is so uncertain.
Maybe you never heard that before, but do you think God knows what’s talking about now? Does your money seem uncertain to you now? Money isn’t bad, but the Bible treats it like sex and power. Nice gifts that make terrible gods. And God would spare you the trauma of putty all your security into something that could vanish with one decision by the Fed.
So if your heart has been too wrapped up in your financial security, if your computer is following the Markets a little too closely and your heart is going up and down the roller coaster ride, friend, here’s a simple message: get off! You can try and control what cannot be controlled and go insane trying. Or you can trust God more than you trust money.
The Bible asks for us to store for a rainy day. And we should. But when did God ask us to bend our lives and our hearts out of shape to gain perfect security for tomorrow? It’s impossible. You don’t even know if you’ll be here tomorrow. So beyond reasonable measures to save, you will have to trust God for daily bread. And guess, what? That’s just the way God wants it.
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We have weapons of mass destruction we have to address here at home. Poverty is a weapon of mass destruction. Homelessness is a weapon of mass destruction. Unemployment is a weapon of mass destruction.
In my attempt to convey my interest in these social issues plaguing not just African Americans, but our society as a whole I apologize once again if the content of these visual aids are to explicit for the normal content associated with “Fresh Oil”.
“Even if Black employer firms, again totaling around 100,000, were all to hire one Black person, it is unlikely to make a major dent in Black unemployment.”
Recently, President Barack Obama addressed the Congressional Black Caucus (CBC) and concerns that he was ignoring the disproportionately high unemployment rate among African Americans.
Defending his American Jobs Act, Obama emphasized that the measure would provide tax cuts to businesses–and specifically mentioned 100,000 Black-owned firms–if they hire a new worker or give workers a raise. One CBC member was quoted as saying that Obama’s speech “showed he’s going to fight.”
Obama’s jobs act will not make a dent in Black unemployment, which is now at a staggering 16.7%. And despite emphasizing in his CBC speech Black unemployment and Black-owned firms, his proposal demonstrates more his capitulation to white supremacy than a willingness to challenge it.
Tax cuts will not address the financial disparities that already exist among firms by race. Indeed, Obama’s proposed measures for helping all (and not just Black) business owners in his jobs act privilege those firms with more money in them, who are more likely to be considered “innovative,” (hence the plan’s emphasis on patents and going global), who have a significant number of employees, and who are in the overall financial position to take advantage of a tax plan.
Black-owned firms already trail behind most other firms in most indicators. As shown in the most recent (2007) Survey of Business Owners, which is administered by the United States Census Bureau every five years, Black-owned firms make up only 7% of all U.S.-located firms. Whites are over-represented as business owners with 83% of all firms.
“Black-owned firms already trail behind most other firms in most indicators.” The amount of receipts differs among racial groups, with Blacks only having $135 billion, which comprises less than 1% (.005% to be exact) of the $30 trillion in receipts for all firms.
The disparity in receipts does not necessarily reflect the number of business owned among racial groups. For example, at an estimated 1.9 million, Black-owned firms outnumber Asian-owned firms by about 400,000, but the latter have over three times the receipts at $506 billion.
And while Blacks have about 300,000 less firms than Hispanics–the majority (91%) of business owners who identify as white, by the way–Black firms have only 40% of the former’s receipts. As a racial group, Blacks even lag behind some ethnic groups. Mexican American-owned firms, for instance, total about 1 million–a little under half of the firms for all Hispanics, regardless of race–a figure that is about 900,000 less than the number of Black firms, yet their receipts are higher at $154 billion.
The disparities are underscored when considering businesses that have employees, with the ability to have employees often related to the finances of a firm. Black-owned employer firms make up 2% of all firms with employees, and whites own 81%. Numbering only a little over 100,000, Black employer firms have receipts of $97 billion, which, like their receipts for all firms, make up barely more than 0% of all employer firms.
Asian American-owned employer firms have almost four times the total number and almost five times the receipts than Black employer firms, despite Asians comprising only one third of the population size of African Americans. Counting the race of the business owner, Black employer firms, employing a total of about 900,000 people, pay the smallest average pay per employee among all employer firms.
Given this data, it is highly unlikely that tax cuts will alleviate Black unemployment as Black employer firms are already lagging financially behind those among most other racial groups. Even if Black employer firms, again totaling around 100,000, were all to hire one Black person, it is unlikely to make a major dent in Black unemployment.
Given that an overwhelming majority of Black businesses are non-employer firms, it is highly unlikely that they will be in the financial position to grow their businesses by hiring workers–or to get the capital to do so–and thus “take advantage” of the proposed tax cuts. “Counting the race of the business owner, Black employer firms, employing a total of about 900,000 people, pay the smallest average pay per employee among all employer firms.”
One of the reasons why these statistics are so alarming is that a plethora of research, both from social scientists as well as just day to day observation and experience on the job market, demonstrates that African Americans are the least likely to be hired by non-Black firms.
And Black firms are already more likely to hire African Americans than non-Black firms. Given the small number of Black employer firms, it is not surprising that unemployment rates for Blacks have generally surpassed all other racial groups, even when the economy was not in a financial crisis.
Non-Black firms, then, are likely not to hire non-Blacks just to take advantage of tax measures (especially when there are growing numbers of non-Black unemployed to choose from) and Black firms, already lagging behind other racial groups by most indicators, cannot possibly be expected to resolve Black unemployment. Nor could they if they wanted to as they don’t have the resources.
Some will say Obama did specifically deal with discrimination and Black unemployment in both his jobs act and his speech to the CBC. For example, the proposal calls for challenging discrimination against the unemployed. However, how will he measure the unemployed in this policy? Will it include the many Black people who are not even included in the Department of Labor statistic for unemployment?
Whatever the case, Obama’s jobs plan does not talk about racial discrimination. Some may think it unnecessary for an act to do so given affirmative action policies. Yet affirmative action policies have often been more commonly applied to corporate jobs and even then, corporate powers have largely determined what politically gets defined as affirmative action these days.
As the major source of new jobs, the overwhelming majority of small businesses are not subject to affirmative action policies due to the small number of people each firm employs. And even if they were, the federal government has tended to be purposefully lax in enforcement and firms have also found ways to use what law professor Tanya K. Hernandez calls “the diversity defense” to hire non-whites but avoid having to account for discriminatory racial hiring practices.
“Black firms, already lagging behind other racial groups by most indicators, cannot possibly be expected to resolve Black unemployment.”
In terms of talking about Black unemployment in his jobs act, the fact sheet–as well as his CBC speech–does cite the aforementioned Black unemployment rate. More, the act mentions how Black youth are particularly affected so as propose a summer youth job program.
One purpose of the initiative, according to the jobs plan, is to help young people develop employment skills. But many of these Black youth likely won’t be hired by non-Black businesses so as to use and be paid for these skills, and again, Black firms do not have the capacity to hire all of them. Further, youth should not be in the position of financially supporting their communities and cannot be used to measure the financial health of their racial groups.
We would not expect whites dismayed about the financial crisis and their unemployment rates to focus simply on the employment prospects or summer job programs for white youth–indeed white youth are not even expected to work in the way Black youth are (nor is employment promoted as an anti-incarceration initiative for white youth in the way it is for Black youth, but that’s another article).
And summer programs are of course seasonal. Finally, summer youth programs do not resolve the fact that way too many Black adults cannot get jobs during any season. Similar to some of his political predecessors, including Richard M. Nixon, Obama’s emphasis on Black unemployment and Black business in his CBC speech promotes a Jim Crow economy–where Black people are largely left to their own devices with a little government support–in this case with the aid of a proposed tax plan for all firms that will purportedly help 100,00 Black firms resolve Black unemployment or increase the human capital of Black youth through summer programs but not guarantee a job after completion.
And similar to Nixon, who championed “Black capitalism” as a containment strategy to repress Black protest or criticism, Obama’s speech to a CBC increasingly and publicly frustrated with Obama’s response to Black unemployment, champions, albeit in a subtle way, Black business owners as important social actors who he plans to “support” (but not in a targeted way) through his proposed tax plan.
Like Nixon, Obama doesn’t challenge or address the larger political economy and anti-Black racism that is largely responsible for Black unemployment nor does he propose that non-Blacks have any responsibility in the economic life of African Americans, either in causing or resolving it.
Overall, an unwillingness to challenge racist hiring practices towards Blacks among firms owned by non-Blacks–again 98% of all employer firms–can co-exist with Obama’s championing of Black firms in the name of addressing Black unemployment. “Like Nixon, Obama doesn’t challenge or address the larger political economy and anti-Black racism that is largely responsible for Black unemployment.”
Thus, Obama’s jobs act and his speech to the CBC are examples of what sociologist Charles Gallagher terms “new colorblind racism,” meaning, unlike traditional colorblind racism, the approach minimally acknowledges racial inequality, and in this case, Black unemployment, without addressing racial hierarchies. Although openly discussing the issue of Black unemployment and proposing a tax measure that will “benefit” all firms–and presumably 100,000 Black businesses–Obama does not challenge the existing financial disparities among businesses–or the role of government programs and the financial institutions he perversely protects in shaping these disparities.
Rather, Obama in his CBC speech, in a Nixonian gesture that “recognizes”–some could even say celebrates–Black-owned firms, insidiously speaks simultaneously to both Black middle-class (pro-)capitalists and working-class Black nationalists who value Black business as a sign of community health. And despite his acknowledgment of the high Black unemployment rate and Black businesses, he also, like Nixon, simultaneously reassures non-Blacks that we will not be affected by his jobs act or by his overtures, even in speech, to the Black community.
In the end, Obama expects African Americans, in this case Black business owners and Black youth, to largely shoulder the burden of resolving the Black unemployment crisis. Obama’s speech to the CBC demonstrates not only his neoliberal tendencies but also his clever strategy of appearing race-specific in his policies.
Obama is an expert at racial double-speak and has found a way to promote a white supremacist agenda while still acknowledging race at certain moments. And he has also found a way to appear as if he is championing African Americans, in the case of his CBC speech, Black business owners, while still permitting business as usual, which includes an unwillingness of non-Black firms to hire African Americans, a lack of government intervention into these hiring practices, an over-emphasis on developing Black human capital, and a capitulation to the white supremacist claim that the state cannot legislate hearts and minds and thus cannot force (job) integration.
While Obama may not win hearts and minds, he doesn’t have to let Blacks suffer just because non-Blacks are racist and are unlikely to stop being so anytime soon. Instead, he can work towards another version of truly race-specific policies or adopt those that have already been proposed by African American advocates. Such initiatives are more likely to address Blacks’ economic status by creating economic programs that specifically target African Americans as a whole instead of simply shifting the burden of resolving Black unemployment on to the Black community.