Monday, September 9, 2013

Part(II) Get our money to talk for us

                           80-20's Boards are considering 
      The GREATEST Self-Empowerment Act in AsAm History.
                   We'll Stand Tall, Once and for All!

        If you MISSED "The GREATEST AsAm Self-empowerment Act (I)",  click here and go to the bottom of the page. This is (II).

Q: Will you provide evidence that AsAms have the highest average per capita and per family income?
A: Please click here. The nation's % of families with annual income above $100,000 is 20%. For AsAms, it is 27% which accounts for more than 1 million such families.

Q: Mainstream media say Asian Ams are the "New Jews," because we are being discriminated like the Jews of 100 years ago. Are we learning from the Jewish Ams. on how to empower ourselves to fight discrimination?
A: Yes. The Jews used a combination of their financial strength and their political know-how to empower themselves. Look how successful they are.

     The Jewish Americans inspired 80-20 to start this Self-empowerment campaign - get OUR MONEY to TALK for us.

Q: How long will it take for you to get 1 in 10 of such AsAm families to each commit donating $100/yr for 5 years?
A: 2 years, we hope. If we fail, 80-20 will likely CLOSE SHOP at the end of 2016. We've done our best. It's time to let others try.

Q: We NEED 80-20.
A: Thank you. If 1 in 10 of such families will step forth, 80-20 will live. More significantly, we've finally COLLECTIVELY EMPOWERED ourselves.

Q: Who controls the money, before it reaches $10 million/yr for 5 years?
A: 80-20 will control, but not spend, the money UNTIL we have reached the minimal EMPOWERING sum of $1 million/yr for 5 yrs. At which point, an election will be held. The elected Board will control the money from there on.

Q: Sorry, I have to ask: "What happens to the money, if in 2 years, you fail to reach even the minimal goal of $1 million/yr ?"
A: Excellent question! The money will be refunded to donors in full!

Q: Can you show us the Bylaws governing the elected Board?
A: Soon, we are working on it. It'll be a while before we'll reach the $1 million/yr EMPOWERING point. Before then, when donations can still be refunded in full, we'll be submitting a set of draft Bylaws for donors to discuss, amend, and then approve.

Q: Will the names of donors be known?
A: Of course! Those 100,000 families will be the HEROES & HEROINES in the history of Asian Ams and should be recognized as such. The name, city and state of each donor will be displayed.

     Their commitment is heroic for 3 reasons:
     (1) It takes courage and faith to commit donating $100/yr for 5 years, when no such project has ever been tried before,
     (2) There is no guarantee that the fund will reach $10 million/yr. It takes courage and faith to belief in our collective cause, and to be 1 of the 10 in daring to be pioneers.
     (3) They will be the parents who ACT to help themselves and their children to stand tall, once and for all.

Q: Guts and vision! I wish you success. When will you start the campaign?
A: We are still assessing its likelihood to succeed. We'll be taking a big poll.

     If any of you receive an email poll, please participate. WE must find a way to pull ourselves up by our own bootstraps. 80-20's political know-how is not enough. We must ALSO find a way to let our money talk for us!

   FORWARD this e-newsletter to your friends. Post your comments on 80-20's Poster Board . We want to hear from you !

S.B. Woo, a volunteer
President, 80-20 National Asian Am Educational Foundation