It got him too. Not that he thought it should have, but the fact that it did is a symbol

of the special strain of racism that is so deeply ingrained in American society. Sure,

racism exist in other places, but the form that can only be practiced in America,

which is aimed at blacks by whites to keep them in “their place” is in a league all of

I’ve come to think that dominant white exceptionalism perfects its abstract schemes

and methods on Blacks before exporting them as American economic and finance

game theories practiced on the rest of the world; that the motivation for such

innovations continue to be generational race challenges right here at home. The

Intellectual Property of 17 th century Barbados adopted in the State of South Carolina

was Slave Codes codified into the Rules of Law that were uniformly spread across

the South from the former British colony as Best Practices for restraining the

physical and controlling the psychological properties of vulnerable groups of people

identified as Black. This easy identity allowed slavery in America to evolve out of a

laboratory of captive experimentation. The experiment did not end with the change

from physical slavery; debt has always been known as slavery in abstract form.

The efficiency wages and financial system bailouts theories of modern economist

put in action to free people from debt servitude are realizations of the ancient

jubilees of Rome today. While many whites of entitlement and a few blacks of

privilege benefit directly from this modern form of jubilee, more upper, middle and

lower class blacks than whites do not for plain and simple monetary reasons.

Whether the monetary reason is described as money, currency, credit, capital,

finance or economics does not really matter. All of these identities fit into the

formula of general White control and specific Black denial.

The very few privileged blacks lucky enough to find themselves on the dominant

side of the monetary divide are always reminded that when American justice of any

kind is served, talent is an inferior distinction for being black and not white. The

proposed solutions to any race problems are always addressed with the same

hammer-Domestic Politics. Maybe we don’t need to be having another conversation

about race; maybe we should change the conversation about race-Global Monetary

Bloomberg magazine recently featured President Obama in an interview about his

work life after leaving Office. He said his plan is to become a venture capitalist. If

true, my immediate thought was what form this aspiration might take? He is no

former Treasury Secretary Timothy Geithner or former Federal Reserve Chairman

Ben Bernanke; but nor is Hilary Clinton. Being a fairly young man, would he pursue

entrepreneurship, or like others, move through the revolving door between D.C. and

Wall Street by signing on as a partner or adviser with an established shop? How will

he win investor awards for business in the Dred Scott environment of institutional

money management? Will he work the minority angle-investor conferences to get

the illusive set aside? If not, if so-and why? Either answer is the abstract monetary

reason for continuing black slavery-plain and simple.