When MLK organized the Montgomery Bus Boycott, he deprived Montgomery’s bus services of the money they made from blacks; this hurt them in the long run. In cities with large black populations, the absence of black funds can be extremely damaging. As told in Satter’s Essay “The Noose,” one black man, Dempsey Travis, actually tried to start an all black mortgage company, in order to get black money out of white banks and back into the black community. Malcolm X also mentions this when he says “we’re spending it with a man who, when the sun goes down, takes that basket full of money in another part of the town.” This shows the frustration many African Americans felt about the situation in Chicago; the segregation was not always a result of socioeconomic status, but it was always a result of racist protocol. Denied of mortgages by “redlining” practices, blacks had to pay out of pocket for the same thing whites received loans
When MLK organized the Montgomery Bus Boycott, he deprived Montgomery’s bus services of the money they made from blacks; this hurt them in the long run. In cities with large black populations, the absence of black funds can be extremely damaging. As told in Satter’s Essay “The Noose,” one black man, Dempsey Travis, actually tried to start an all black mortgage company, in order to get black money out of white banks and back into the black community. Malcolm X also mentions this when he says “we’re spending it with a man who, when the sun goes down, takes that basket full of money in another part of the town.” This shows the frustration many African Americans felt about the situation in Chicago; the segregation was not always a result of socioeconomic status, but it was always a result of racist protocol. Denied of mortgages by “redlining” practices, blacks had to pay out of pocket for the same thing whites received loans