BLM is imploding following reports of financial irregularities


Last week the Washington Examiner reported that "no one appears to have been in charge at BLM for months. The address it lists on tax forms is wrong, and the charity's two board members won't say who controls BLM’s millions."

The report also referred to “BLM's shocking lack of transparency surrounding its finances and operations raises major legal and ethical red flags, multiple charity experts”.

Back in April 2021, the NY Post had reported that BLM co-founder Patrisse Cullors, then it's executive director, had spent $3.2 million on various real estate across the US.

Last February, BLM had published an 'impact report' which states that it closed out 2020 with $60 million in its bank accounts. The outfit failed to file taxes for 2020, the year it raised millions after George Floyd’s death.

Indiana’s AG general slammed BLM as a “scam” whose “house of cards may be falling” amid the growing legal attention.

California’s AG Rob Bonta sent a formal delinquency notice to the controversial activist group on Monday.

So how did it all begin?

BLM used the business model pioneered by veteran race hustler Al Sharpton. Sharpton’s functioned with the implicit message ‘support me or you are a racist’ which also means ‘donate (to my charity) or you are a racist

Sharpton used his charity to enrich himself and his family. Sharpton was also a tax dodger. In 2016, Sharpton personally owed over $3 million in federal taxes. 

BLM also used ploys frequently adapted by Obama operatives that criticism of Obama’s presidency was motivated by racism. It was effective causing Republicans and media personnel to hesitate to be critical of Obama which enabled Obama to win a second term, despite his myriad fiascos. 

BLM began as a trend on social media that evolved into a slogan chanted by 'protestors'. Next, they set the narrative that those who refused to say “Black Lives Matter” were racist. Cowardly politicians and media folks submitted.

Then BLM convinced people in Politics, Showbiz, and Business that they were the sole adjudicators in matters of race.

While BLM was founded in 2013 following Trayvon Martin's death and raised funds following the deaths of  Breonna Taylor, Eric Garner an Michael Brown. It was the death of George Floyd in 2020, that BLM took their movement to new depths with widespread riots and looting across the country.

Celebrities posted photos of Floyd and logos of BLM on social media. Corporate houses, including big tech firms such as Apple, Amazon, and Microsoft supported BLM.

Google committed $12 million, Facebook and Amazon donated $10 million and Apple pledged a whopping $100 million. Walmart announced a contribution of $100 million while Target announced $10 million and Home Depot announced  $1 million.

Hollywood stars such as Angelina Jolie, Steve Carell, Seth Rogen, Kate Beckinsale, and Ryan Reynolds donated handsomely to BLM.

Perhaps corporations and stars didn’t know or care about BLM and weren’t keen on parting with their money. But the climate created was such that donating was the sole way to prove that they were the ‘good ones’. It was also like protection money to prevent the vandals from banging at their doors. In addition to accepting donations, BLM also sell merchandise on their website which enables them to enhance their brand.

BLM never concedes any improvements in matters of race because that could make them irrelevant and hamper fund-raising which is usually based on lies and overstatements.

Their branding strategu was clever with sinister motives that cause their astronomical rise. They had a terse and catchy slogan, virtue attached to their brand which implicitly meant that those who didn’t donate were immoral.

In a country such as the US there will always be an instance of crime that can magnified through the lens of race, that presents an opportunity for fundraising. When activism becomes a profession, the cause has to be kept alive.

Despite the claims of being Marxist, they conduct their business and enrich themselves like capitalists, however unlike capitalists, theirs is not a free market. Their totalitarian ‘my way or the highway’ proclivities to establish a monopoly among donors for race issues.

Like most big multi-national corporations, BLM has offices in the UK and Canada where more funds can be raised.

If this was just a scam that conned myriad wealthy corporations and celebrities, BLM could have been forgiven.

But their influence has been damaging to the social fabric of the US.

The rioting, looting, burning, and thefts by BLM thugs have caused losses of could range between $1 to $2 million dollars. The vandals always targeted working-class localities even hurt businesses run by black people. The wealthy have already paid their protection money are spared. Perhaps BLM knows if their thugs riot in affluent localities, the police will be empowered to take action.

Much like their vandalism and rioting, their call to 'defund the police' only applies to working-class localities. The powerful in Washington are permitted to allow to have ample police protection from protests.

The media is also culpable since they frequently downplay the violence, describing them as protests.

When BLM rioters were arrested, Hollywood stars bailed them out.

Now that BLM has been caught committing fraud, expect them to play the race card again. The media and their donors who should question them will remain silent.

So what is BLM’s legacy?

The money they raised could have been invested to improve the lives of people of color, the founders would have been pardoned for making some money on the side.

But instead, they use their powers to spread venom. In addition to causing loss of property and lives, BLM’s toxicity may have permanently damaged the social fabric of the country.

Their relentless campaign may have convinced a section of black people that their country hates them. This may cause some to stay away from education and hard work because they think systemic racism will prevent them from being successful irrespective of their qualifications or talents. Their prolonged despondency causes them to be destructive both towards themselves and others. They see their own countrymen as their persecutors merely because of their skin color. The divide is permanent.

They are brainwashed to think that every law enforcement official is an enemy. Some day they react badly, perhaps violently to the most innocuous inquiry from a policeman, and in worst cases even end up with a bullet in their body. 

BLM turns up at the crime scene once again using to raise funds and the ugly cycle continues.

Perhaps many among these disillusioned youths could have been the next great inventors, writers, teachers, and leaders but now their lives are wasted.

BLM has literally and metaphorically enriched themselves on the corpses of black men. These vultures need to be stopped

This article also appears on American Thinker

 

 

 

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