By: S. Ware
ATLANTA – Friends of the Movement Global Inc. (FotM Global) and over a dozen esteemed civil rights and nonprofit organizations have unveiled the nation’s first Black Wall Street Ticker. This digital platform empowers a new generation to track Black and ally spending, holding corporations accountable for their impact on social justice. The unveiling marks the launch of the “Our Money United” campaign, a pledged-based movement starting in Atlanta and set to expand across the country. This innovative Nasdaq-like composite index is a real-time reflection of the collective spending power of Black Americans and their allies, marking a significant step forward in the fight for economic justice and equality.
“Our Money United” Campaign
The “Our Money United” campaign encourages consumers to support companies that align with their values and contribute to the Black community. Helen Butler of the People’s Coalition emphasizes the importance of dual voting—at the ballot box and cash register: “Participate in both to maximize impact.”
This initiative encourages consumers to vote with their wallets by supporting companies that demonstrate friendly data – voluntary information provided by corporations about their spending, giving, and investing in the Black community. The campaign aims to highlight reciprocity between the Black community and its allies, holding corporations accountable for their impact on social justice.
Introducing the Black Wall Street Ticker
Dr. Charles Walker, the founder of FotM Global, speaks to the transformative potential of the Black Wall Street Ticker: “This platform can serve as the heartbeat of economic justice, displaying a real-time reflection of the collective spending power of Black Americans and their allies globally. We have created a platform that allows you to vote with your dollars every day, anywhere. There are no excuses. We must move beyond emotions and leverage data for justice.”
Atlanta has been designated as the pilot and the official conscious city for the Black Wall Street Ticker, emphasizing its longstanding role in leading economic empowerment and social progress. By tracking spending with corporations that align with our values and investments in Black communities, the ticker empowers consumers to drive meaningful change with every dollar spent.
Unveiling the Black Spending Census
The Black Spending Census is a registration to vote with your wallet that initiates the gathering of crucial spending data on the habits of Black consumers and their allies. People should think of this as a revolutionary approach to closing the wealth gap. This census supports the understanding of the economic impact of Black consumers and highlights the importance of supporting Black-owned businesses and allied enterprises.
Spotlight on Economic Empowerment Initiatives
Additionally, we curate a roster of Friends of the Movement, providing transparency and insight to empower informed decision-making. Friendship isn’t just a label—it’s earned over time through our data-driven approach, fostering collaboration for social justice without judgment. This initiative is part of a broader effort to redirect $7 trillion in spending to companies that have taken a pledge to support the Black community.
Voices of Advocacy
Dr. Charles Walker, founder of FotM Global, highlights the transformative potential of these initiatives: “We have created a revolutionary platform that allows you to vote with your dollars every day, anywhere. What gets measured gets done. And with the Black Wall Street Ticker, we can witness the progress in real-time, holding corporations accountable while empowering our community.”
Melvin Coleman, president of the Atlanta Black Chambers, emphasizes the urgency of economic empowerment: “We refuse to wait 180 years for parity. The Voter Wallet is a digital platform that powers the ticker and connects consumers with Black and Ally businesses.
Initiatives like the Voter Wallet and Black Wall Street Ticker are crucial for Black America today.”
Jay Bailey, president of the Russell Innovation Center for Entrepreneurs (RICE), challenges misconceptions: “We’re shattering the myth that Black dollars only circulate in our community for six minutes. Our economic impact extends far beyond, and the Black Wall Street Ticker will proudly showcase our collective strength.”
The Georgia Coalition for People’s Agenda recognizes the potential of the Voter Wallet in influencing the political landscape: “By tracking our collective spending power, we can leverage it to elect candidates who prioritize policies that uplift the Black community.”
Rev. Jamal Bryant, chief ambassador of the campaign, emphasizes the global significance and revolutionary nature of economic empowerment: “Our Money United continues the legacy of Dr. Martin Luther King Jr. by addressing the economic injustices that still plague Black communities worldwide. Economic empowerment is a revolutionary act, and Dr. Walker is leading this transformative movement with unwavering dedication and vision.”
Call to Action
We are asking consumers and merchants to become a friend to build a conscious economy. Visit www.fotmglobal.com to get started!
Published by: Khy Talara