Black American Stock Exchange
- By Staff Writer
- Published 10/7/2009
- Economics
- Unrated
Craig Amos HOUSTON- Black American Stock Exchange (BASE) is seeking to become the next generation stock exchange market with a major presence for Black American entrepreneurs, speculators and investors. The market’s leverage is its professional partnerships with expert advisors, entrepreneurial content and marketing expertise through this Web site and affiliate sources. The expected fall 2009 launch of BASE relies on acquisition of business plans and Initial Public Offerings (IPO).
For the first time since the glory days of the early-to-mid 20th Century, Blacks can seriously begin to contemplate a regulatory quantification of what is meant by “economic powerbase.”
Blacks throughout history, have had to do more and more with less and less, and that’s a business issue. BASE is explicitly applying a series of principles you’re more likely to find in business schools than in public schools. Founders want to reinforce the notion that our ideas and businesses are worth investing in.
They are also working on the supposition that good economics can also be good politics. The Government apparently has no vision for the evolution of Blacks’ financial future. Blacks must develop and regulate their own economic and political powerbase.
This is called capitalism. Banking systems are the product of their underlying cultures and the business relationships these cultures have developed. At present there is no evidence that suggests that one type of structure is inherently better than another.
Therefore, each market must experiment with its own system based on its own unique circumstances, concerns, and historic legacy. This may sound difficult but it’s a perfect way to put Black businesses on the map, promote them, etc. A Black “Standard & Poor” index would be a great way to not only give investors a way to speculate but also increase the profile of Black businesses in the community at large, and even create more interest among Blacks in business.
For more information, Contact Craig Amos at (832)883-1675.

