The Oklahoma Eagle

Serving Metropolitan Tulsa Since 1921

“Remember When…” The dollar should turn in the community

By admin • Nov 11th, 2008 • Category: Society

By Leon Rollerson
Guest Contributor

Has the lesson of the dollar turnaround been truthfully learned today, from lessons of yesterday? If you attend as many meeting as I do you will start hearing the speech that says in order for a community to stay healthy and also to grow then money must be put into the community from its citizens.
In other words, the dollar has to turn over many times for the community to stay healthy and to grow. This is not just a good saying it is also true for everywhere in the world. Now take this good old saying and apply it to north Tulsa for an example.
When north Tulsans found out that through integration they could pump their money into South Tulsa, north Tulsa lost out on the money circulation machine and started to decline. There was no surprise that the community would decline from a business standpoint.
But, there should not have been a reason for its citizens to have allowed it happen. Here is a bigger problem that we face today. It is the same formula and the dangers are still waiting to happen. Here is the problem.
Many of your large stores chains today are spending their money, your money overseas with major manufacturing countries like China.
Many of your large store chains have 75 percent of their product being made in China. The money is not staying in the community. If you look at all of the cities that are failing because of the poor circulation of community money then guess what might be on the horizon for our country.
Bottom line. If we don’t start making our own product and buy our own product then we are asking for a lot of future trouble, if history is correct. The Solution to this problem is to make and buy more of our home products not only in America but in the city of Tulsa as well. History is a learning tool.

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