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Op-Ed

Blackonomics: Black Dollars Matter!

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James Clingman

By James Clingman
NNPA Columnist

 

 

The protest slogans addressing our latest struggle for justice and equity compel me to come up with a new phrase. The signs and T-Shirts emblazoned with “I Can’t Breathe!” “No Justice, No Peace!” and the latest, “Black Lives Matter,” carry connotations related to action. I often wonder what the folks who wear the T-shirts and hold the signs are doing to back up the slogans they spout. More importantly, I wonder who makes the shirts and who sells them. With that in mind, my slogan for action – economic action is, “Black Dollars Matter!”

The “I Can’t Breathe” shirts worn by the Brooklyn Nets and Cleveland Cavaliers, for instance, were sold by NYC Customs, a shop in Long Island, owned by Helen Mihalatos, a friend of Rameen Aminzadeh, member of Justice League of NYC. The initial gesture and resulting “hook-up” came from Nets team member, Jarrett Jack, followed by help from LeBron James and Russell Simmons’ political director, Michael Skolnick. The shirts were ordered by Jay-Z, who bought 1,000 more shirts after the basketball game.

I truly hope those “Big Ballers” and “Shot Callers” had enough consciousness to give the profits to Eric Garner’s family. The Washington Post reported that “Skolnick obtained shirts from a store in Long Island City, whose owner confirmed in an interview that the shirts were manufactured by Gildan, a large Canada-based apparel company…According to pro-labor activists, Gildan has a poor record when it comes to respecting workers in its manufacturing plants in Haiti.” The story discloses that Gildan’s workers are paid $6 per day for their work. Skolnick’s response was, “I think we want to assume sometimes when we’re ordering shirts that they’re not being made in a sweatshop; we’ve got to do better.” You think?

Now you would think that someone in this chain of events involving T-shirts that carry the last words of a Black man killed on the streets of New York City by police officers would be conscious enough to say, “Hold up! Let’s not just go for the symbolism of wearing shirts on the basketball court; let’s make a substantive statement as well, via a Black business transaction and a financial benefit for the Garner family.” Sound reasonable?

Instead we now have “I Can’t Breathe” shirts sold on Amazon and elsewhere as if they are some kind of novelty rather than a sincere, compassionate, and meaningful response to the homicidal death of Eric Garner, the originator of the “I can’t breathe” phrase. We saw him take his last breath; he was the one who couldn’t breathe for real. The above travesty reminds me of an article I wrote after Trayvon Martin was killed , titled, “The Profit of Protest.”

In light of the hype of “I Can’t Breathe” and now the phrase, “Black Lives Matter,” the slogan we should emblazon on shirts, and instill in our brains, the one by which we should live and the one that, if inculcated into our daily lives, will move us from the rhetoric of freedom to the action of freedom is, “Black Dollars Matter!”

Despite the wasteful and nonsensical spending by Black folks, from the poorest to the super-rich flamboyant celebrities, we must all realize that “Black Dollars Matter” and they should matter to us first. Right now, they matter most to everyone else; and other folks are doing everything they can to get more of our dollars with no reciprocity other than symbolic gestures that make us feel good.

It’s great for athletes to wear shirts with slogans, but they should move to the next step of starting initiatives that not only sustain their gestures but build economic empowerment for Black people. Our athletes and celebrities, as they protest inequities and injustice, should keep in mind that “Black Dollars Matter,” and they should consider that as they come up with their solutions to effect real change within the systems against which they protest – and so should we.

After the chanting, the marching, the protests and demonstrations, the outrage, the threats, and the unjustified killings of our people with impunity, if all we do is sit back and wait on the next crisis, why should we even bother with the above actions in the first place? We must be smarter and we must be conscious. We must always be aware that money runs this country and it has its place in everything, yes, even in the deaths of our people.

Indeed, Black lives matter above all; but to those who kill us, those who economically exploit us, and those who are indifferent toward us, Black lives don’t matter as much as Black dollars do. Start a “Black Dollars Matter” campaign. Make some shirts displaying that attention-grabbing slogan, and act upon it. “Black Dollars Matter,” but only if they start making more sense.

 

Jim Clingman, founder of the Greater Cincinnati African American Chamber of Commerce, is the nation’s most prolific writer on economic empowerment for Black people. He can be reached through his website, Blackonomics.com.

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Advice

Rising Optimism Among Small And Middle Market Business Leaders Suggests Growth for California

“Business leaders across the Pacific region continue to demonstrate a unique blend of resilience and forward-thinking, even in the face of ongoing economic uncertainty,” said Brennon Crist, Managing Director and Head of the Pacific Segment, Commercial Banking, J.P. Morgan. “Their commitment to innovation and growth is evident in the way they adapt to challenges and seize new opportunities. It’s this spirit that keeps our region at the forefront of business leadership and progress. We look forward to helping our clients navigate all that’s ahead in 2026.”

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Super Scout / E+ with Getty Images.
Super Scout / E+ with Getty Images.

Sponsored by JPMorganChase

 Business optimism is returning for small and midsize business leaders at the start of 2026, fueling confidence and growth plans.

The 2026 Business Leaders Outlook survey, released in January by JPMorganChase reveals a turnaround from last June, when economic headwinds and uncertainty about shifting policies and tariffs caused some leaders to put their business plans on hold.

Midsize companies, who often find themselves more exposed to geopolitical shifts and policy changes, experienced a significant dip in business and economic confidence in June of 2025. As they have become more comfortable with the complexities of today’s environment, we are seeing optimism rebounding in the middle market nationwide – an encouraging sign for growth, hiring, and innovation. Small businesses, meanwhile, maintained steady optimism throughout 2025, but they aren’t shielded from domestic concerns. Many cited inflation and wage pressures as the top challenges for 2026 and are taking steps to ensure their businesses are prepared for what’s ahead.

“Business leaders across the Pacific region continue to demonstrate a unique blend of resilience and forward-thinking, even in the face of ongoing economic uncertainty,” said Brennon Crist, Managing Director and Head of the Pacific Segment, Commercial Banking, J.P. Morgan. “Their commitment to innovation and growth is evident in the way they adapt to challenges and seize new opportunities. It’s this spirit that keeps our region at the forefront of business leadership and progress. We look forward to helping our clients navigate all that’s ahead in 2026.”

Overall, both small and midsize business leaders are feeling more confident to pursue growth opportunities, embrace emerging technologies and, in some cases, forge new strategic partnerships. That bodes well for entrepreneurs in California. Here are a few other key findings from the Business Leaders Outlook about trends expected to drive activity this year:

  1. Inflation remains the top concern for small business owners. Following the 2024 U.S. presidential election, many anticipated a favorable business environment. By June 2025, however, that feeling shifted amid concerns about political dynamics, tariffs, evolving regulations and global economic headwinds.

     Going into 2026, 37% of respondents cited inflation as their top concern. Rising taxes came in second at 27% and the impact of tariffs was third at 22%. Other concerns included managing cash flow, hiring and labor costs.

  1. For middle market leaders, uncertainty remains an issue. Almost half (49%) of all midsize business leaders surveyed cited “economic uncertainty” as their top concern – even with an improved outlook from a few months ago. Revenue and sales growth was second at 33%, while tariffs and labor both were third at 31%.
  2. And tariffs are impacting businesses costs. Sixty-one percent of midsize business leaders said tariffs have had a negative impact on the cost of doing business.
  3. Despite challenges, leaders are bullish on their own enterprises. Though the overall outlook is mixed, 74% of small business owners and 71% of middle market companies are optimistic about their company’s prospects for 2026.
  4. Adaption is the theme. For small business owners surveyed across the U.S., responding to continuing pressures is important in 2026. Building cash reserves (47%), renegotiating supplier terms (36%) and ramping up investments in marketing and technology are among the top priorities.
  5. Big plans are on the horizon. A majority midsized company leaders expect revenue growth this year, and nearly three out of five of (58%) plan to introduce new products or services in the coming year, while 53% look to expand into new domestic and/or international markets. Forty-nine percentsay they’re pursuing strategic partnerships or investments.

 The bottom line

Rebounding optimism among U.S. business leaders at the start of the year is setting the stage for an active 2026. With business leaders looking to implement ambitious growth plans that position themselves for the future, momentum in California could be beneficial for leaders looking to launch, grow or scale their business this year.

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#NNPA BlackPress

COMMENTARY: The National Protest Must Be Accompanied with Our Votes

Just as Trump is gathering election data like having the FBI take all the election data in Georgia from the 2020 election, so must we organize in preparation for the coming primary season to have the right people on ballots in each Republican district, so that we can regain control of the House of Representatives and by doing so, restore the separation of powers and balance that our democracy is being deprived of.

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Dr. John E. Warren Publisher, San Diego Voice & Viewpoint
Dr. John E. Warren, Publisher San Diego Voice & Viewpoint Newspaper. File photo..

By  Dr. John E. Warren, Publisher San Diego Voice & Viewpoint Newspaper

As thousands of Americans march every week in cities across this great nation, it must be remembered that the protest without the vote is of no concern to Donald Trump and his administration.

In every city, there is a personal connection to the U.S. Congress. In too many cases, the member of Congress representing the people of that city and the congressional district in which it sits, is a Republican. It is the Republicans who are giving silent support to the destructive actions of those persons like the U.S. Attorney General, the Director of Homeland Security, and the National Intelligence Director, who are carrying out the revenge campaign of the President rather than upholding the oath of office each of them took “to Defend The Constitution of the United States.”

Just as Trump is gathering election data like having the FBI take all the election data in Georgia from the 2020 election, so must we organize in preparation for the coming primary season to have the right people on ballots in each Republican district, so that we can regain control of the House of Representatives and by doing so, restore the separation of powers and balance that our democracy is being deprived of.

In California, the primary comes in June 2026. The congressional races must be a priority just as much as the local election of people has been so important in keeping ICE from acquiring facilities to build more prisons around the country.

“We the People” are winning this battle, even though it might not look like it. Each of us must get involved now, right where we are.

In this Black History month, it is important to remember that all we have accomplished in this nation has been “in spite of” and not “because of.” Frederick Douglas said, “Power concedes nothing without a struggle.”

Today, the struggle is to maintain our very institutions and history. Our strength in this struggle rests in our “collectiveness.” Our newspapers and journalists are at the greatest risk. We must not personally add to the attack by ignoring those who have been our very foundation, our Black press.

Are you spending your dollars this Black History Month with those who salute and honor contributions by supporting those who tell our stories? Remember that silence is the same as consent and support for the opposition. Where do you stand and where will your dollars go?

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Activism

Post Newspaper Invites NNPA to Join Nationwide Probate Reform Initiative

The Post’s Probate Reform Group meets the first Thursday of every month via Zoom and invites the public to attend.  The Post is making the initiative national and will submit information from its monthly meeting to the NNPA to educate, advocate, and inform its readers.

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iStock.
iStock.

By Tanya Dennis

The National Newspaper Publishers Association (NNPA) represents the Black press with over 200 newspapers nationwide.

Last night the Post announced that it is actively recruiting the Black press to inform the public that there is a probate “five-alarm fire” occurring in Black communities and invited every Black newspaper starting from the Birmingham Times in Alabama to the Milwaukee Times Weekly in Wisconsin, to join the Post in our “Year of Action” for probate reform.

The Post’s Probate Reform Group meets the first Thursday of every month via Zoom and invites the public to attend.  The Post is making the initiative national and will submit information from its monthly meeting to the NNPA to educate, advocate, and inform its readers.

Reporter Tanya Dennis says, “The adage that ‘When America catches a cold, Black folks catch the flu” is too true in practice; that’s why we’re engaging the Black Press to not only warn, but educate the Black community regarding the criminal actions we see in probate court: Thousands are losing generational wealth to strangers. It’s a travesty that happens daily.”

Venus Gist, a co-host of the reform group, states, “ Unfortunately, people are their own worst enemy when it comes to speaking with loved ones regarding their demise. It’s an uncomfortable subject that most avoid, but they do so at their peril. The courts rely on dissention between family members, so I encourage not only a will and trust [be created] but also videotape the reading of your documents so you can show you’re of sound mind.”

In better times, drafting a will was enough; then a trust was an added requirement to ‘iron-clad’ documents and to assure easy transference of wealth.

No longer.

As the courts became underfunded in the last 20 years, predatory behavior emerged to the extent that criminality is now occurring at alarming rates with no oversight, with courts isolating the conserved, and, I’ve  heard, many times killing conservatees for profit. Plundering the assets of estates until beneficiaries are penniless is also common.”

Post Newspaper Publisher Paul Cobb says, “The simple solution is to avoid probate at all costs.  If beneficiaries can’t agree, hire a private mediator and attorney to work things out.  The moment you walk into court, you are vulnerable to the whims of the court.  Your will and trust mean nothing.”

Zakiya Jendayi, a co-host of the Probate Reform Group and a victim herself, says, “In my case, the will and trust were clear that I am the beneficiary of the estate, but the opposing attorney said I used undue influence to make myself beneficiary. He said that without proof, and the judge upheld the attorney’s baseless assertion.  In court, the will and trust is easily discounted.”

The Black press reaches out to 47 million Black Americans with one voice.  The power of the press has never been so important as it is now in this national movement to save Black generational wealth from predatory attorneys, guardians and judges.

The next probate reform meeting is on March 5, from 7 – 9 p.m. PST.  Zoom Details:
Meeting ID: 825 0367 1750
Passcode: 475480

All are welcome.

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