The case of MicroStrategy, Inc. (MSTR)
is instructive because it shows a side of white power economics
that comes into play much too often. When an economic system exists
that silently encourages this type of conduct, the citizens who
are governed by that system are much too vulnerable to abuse.
The managers at MicroStrategy had a choice to make: to tell the truth and watch their business go under, or to lie and cheat in order to give their business a better chance of surviving. Naturally, they decided to do it the American way-- they lied to the max. A handful of typically white individuals decided that their income was much more important than the well being of millions of other people. Here is what happened.
In 1997, before MicroStrategy was to become a publicly traded company, the business lost a lot of money. If it had reported the losses, the company's stock would not have been worth much when it entered the market, so the company reported that it had made a profit instead. The stock took off. In 1998 the company's losses were greater, and greater still in 1999, but each year the company's managers lied. Each of those years, the company's public reports reflected higher and higher profits. By March 2000, the picture that had been painted of the company was so rosy that the company stock was selling for more than $310.00 per share. Needless to say, MicroStrategy's managers were living the high life.
If the figures had been reported truthfully, MicroStrategy's stock would have probably sold for less than $7.00 or $8.00 per share. But because of the lies, MicroStrategy benefitted and became a multibillion dollar company. At the same time, MicroStrategy's stockholders were being cheated and robbed big time because they were paying $300.00 per share MORE than they should have. If a Brother committed that type of robbery at a bank or on the street he just might spend the rest of his life in jail.
Fortunately, MicroStrategy's cheating came to the light, and the stock nosedived. As this article is being written, the Securities and Exchange Commission is investigating the matter. Unfortunately, the investors who were robbed will not get their money back, and the managers of MicroStrategy will not spend the time in jail they deserve.
But that is one of the ways business is done in the white power economic system. It is an unwritten law, but lieing and cheating are not illegal; what is illegal is getting caught. Lieing and cheating are permissible, understandable and part and parcel of the white way of functioning. Lieing and cheating are two of the cornerstones of "life, liberty and the pursuit of happiness."
The average person does not think this type thing happens often, but it does. Anyone who does the research will find thousands of cases where business people outright lied and cheated in order to make profits that they were not entitled to. The fact that innocent people are defrauded is understandable and acceptable within the white scheme of economics. Within the white scheme of economics, business is everything and people are nothing by comparison. Black People need to break away from that system.
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