THE MOORISH CHAMBER OF COMMERCE PRESENTS THE PRINCIPLES OF ECONOMIC FREEDOM & ITS NECESSITY
DEFINITIONS ďƒ’
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Industry: A broad term for economic activity and trade, in economics and urban planning industry is a synonym for the secondary sector, which is a type of economic activity involved in the manufacturing of raw materials into goods and products. There are four key industrial economic sectors: the primary sector, largely raw material extraction industries such as mining and farming; the secondary sector, involving refining and manufacturing; the teritary sector, which deals with services (such as law and medicine) and distribution of manufactured goods; and the quadinary, a relatively new type of knowledge industry focusing on technological research, design and development such as computer programming, and biochemistry. A fifth quinary sector has been proposed encompassing nonprofit activities. The economy is also broadly separated into public sector and private sector, with industry generally categorized as private. Commerce: A division of trade or production which deals with the exchange of goods and services from producer to final consumer. It comprises the trading of something of economic value such as goods, services, information or money between two or more entities. Commerce functions as the central mechanism which drives capitalism and certain other economic systems (but compare command economy, for example). Commercialization or commercialisation consists of the process of transforming something into a product, service or activity which one may then use in commerce Uniform Commercial Code: One of a number of uniform acts that have been promulgated in conjunction with efforts to harmonize the law of sales and other commercial transactions in all 50 states within the United States of America. This objective is deemed important because of the prevalence today of commercial transactions that extend beyond one state (for example, where the goods are manufactured in state A, warehoused in state B, sold from state C and delivered in state D). The UCC deals primarily with transactions involving personal property (movable property), not real property (immovable property).
DEFINITIONS CONT. ďƒ’
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"Person" means a natural person, partnership, limited partnership, limited liability company, trust, estate, association, corporation, custodian, nominee or any other individual or entity in its own or any representative capacity, in each case, whether domestic or foreign, and a statutory trust or foreign statutory trust. (e) "Other business entity" means a corporation, a partnership (whether general or limited), a limited liability company, a common-law trust, a foreign statutory trust or any other unincorporated business, excluding a statutory trust.
THE MOORISH CHAMBER OF COMMERCE & IT’S PARTNERS (MORE PARTNERSHIPS ARE ENCOURAGED) Sons & Daughters Of Al Maghrib MOORISH National Bureau Of Vital Statistics
Aquarian Age Temple
Moorish Trust & Chamber of Commercet
Moorish School of Law History & Commerce
U.M.A.A.R.
Sabor Du Sol
InterContinenal Aboriginal Unionl
ESTIMATED FINANCIAL PROJECTIONS Year 1 Year 2 Year 3 Year 4 M.C.C. 100000 200000 1000000 5000000 MNBVS 48000 120000 120000 120000 MSLHC 120000 240000 360000 480000
5000000 4500000 4000000 3500000 3000000 2500000 2000000 1500000 1000000 500000 0
M.C.C. MNBVS MSLHC
Year 1 Year 2 Year 3 Year 4
All Monies acquired during this three year term will go into the Moorish American Trust and Holding Company which has a multi purpose function its function is Asset Protection , land acquisition, investment and Financial institutions
THE CURRENT STATE OF MOORISH AMERICA
It is definitely good to know that in 2008, the estimated combined Gross National Product (GNP) of the Moors, African people in America was more than 600 billion dollars which is 30 % of the Gross National Product of the United States of America. Yet as encouraging as this news is, the fact remains if we continue with the policies of earning and spending, wasting and throwing away money in the businesses of other people, we are going to be nothing but slaves earning money and making others wealthy, while they continue to buy up our neighborhoods, live off the hard work of our ancestors and dominate the political, economic and intellectual life of the United States of America. This is evident with the current Bush Economic Policy, Paulson has even gone as far as allowing foreign institutions with enough assets in the United States of America to purchase these Mortgages
In like manner, Moorish nations around the world should work to build and expand their wealth and economies using efficient and effective means. The time has come to start putting methods and systems that will contribute to our development. The power of Moorish America to serve in the same function that European America serves as a force on this planet is very much within our grasp.
Why are we in a continual downslide toward underdevelopment around the world? We Moorish-Americans of African Descent in the U.S. have hundreds of billions of dollars at our disposal, yet, why are we sitting aside as a scattered people, with no influence, no nationalistic agenda and no ability to contribute to the liberation of our people in America and in other parts of the world? One element that must be looked at is Susu Economics which will be demonstrated through our own invention: Susu Economics is a fascinating program that links back to ancient Egypt to India, Mesopotamia, Nubia-Kush (the nation of Sudan, presently occupied by Arabs where Africans are being enslaved), Olmec Mexico, the Mound Civilization of the Southern and Midwestern United States, Sabea/South Arabia, Shang China and many other great civilizations. We must concentrate on 7 key elements:
7 KEY ELEMENTS
Ownership: Measures effective ownership of enterprises by black people. Management Control: Measures effective control of enterprises by our people. Employment Equity: Measures initiatives intended to achieve equity in the workplace. Skills Development: Measures the extent that employers carry out initiatives designed to develop the competencies of their employees. Preferential Procurement: Measures the extent that enterprises buy goods and services from MCC suppliers as well as people of African Descent owned entities. Enterprise Development: Measures the extent to which enterprises carry out initiatives contributing to enterprise development. Socio-Economic Development: Measures the extent to which enterprises carry initiatives contributing to socio-economic development
THE MOORISH CHAMBER OF COMMERCE ďƒ’
What is MCC? Moorish Chamber of Commerce in which disadvantaged Moors are being empowered through the ownership of their own corporations, management and financial control of companies; the multi-level transference of skills and the widespread creation of jobs. Its purpose is to bring the majority of Moors into the mainstream economy and it is the key to the future prosperity of the country and the world in general. We will partnership with our NGO & IAU to ensure we are part and parcel of the Global Market.
ITS PURPOSE
The Moorish Chamber of Commerce is a Moorish American organization. The mission and main goal of the Moorish Chamber of Commerce is "to promote the commercial and financial development of the the AmErican Moors. The organization will be formally incorporated in 2008 in every city their are Moorish Business Men and Women to maintain a part and parcel status. The Chamber should and will include Moorish Business Owners, doctors, farmers, other professionals, craftsmen, etc. Its goal will be to allow our businesses to put economic development at the forefront of getting equality in the United States of America and to utilize the tremendous purchasing power of the Asiatic and African descendants in America and around the world Moorish Chamber of Commerce To instill the Entrepreneurial Spirit into our men, women and children so they can do great and wondrous things. This will be a form of empowerment that will enable us to take our communities back These corporations will allow us to fund our projects and free ourselves from the bonds of economic slavery. The acquisition of Corporate Credit rather than Personal Credit.
TO INSTILL THE ENTREPRENEURIAL SPIRIT INTO OUR MEN, WOMEN AND CHILDREN SO THEY CAN DO GREAT AND WONDROUS THINGS
For example, India has a fast growing economy which grew by 9.2% last year, but the level of poverty for the vast majority of Indian citizens is still high, where they live below $1 a day the U.N.s Development Program Benchmark. Because of the nature of entrepreneurship, it’s ability to open up new markets, use innovation to it’s advantage and be innovative, resourceful and turn opportunities into feasible markets, entrepreneurs
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must be used to generate economic development
THIS WILL BE A FORM OF EMPOWERMENT THAT WILL ENABLE US TO TAKE OUR COMMUNITIES BACK
Little Havana (Spanish: La Pequeña Habana) is a neighborhood in the city of Miami, with many Cuban immigrant residents. Little Havana is named after Havana, the capital and largest city in Cuba. The high number of Cuban refugees in Miami is due to its proximity to Cuba. Little Havana is famous as the cultural and political capital of Cuban Americans, and the neighborhood is a center of the Cuban Exile Community.
THESE CORPORATIONS WILL ALLOW US TO FUND OUR PROJECTS AND
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FREE OURSELVES FROM THE BONDS OF ECONOMIC SLAVERY
Through the NGO and IAU we will go after International, National, State and Municipal Contracts to help finance our Corporations, Trust and Nation: NGO: Muurish Gansul IAU: Inter-Continental Aboriginal Union
Moor-Excellent Acquisitions: A company created to do business
Nationally or Internationally with all proper certifications.
THE ACQUISITION OF CORPORATE CREDIT RATHER THAN PERSONAL CREDIT.
When officers and owners use their own personal credit profiles to obtain credit for the business, they risk the chance of lowering their own personal
credit scores. There are two reasons business owners should try not to use their personal guarantee on corporate credit. First, the individual signer is liable if the business cannot make the payments and second the credit obtained for the business can affect the person's personal credit score. Keep in mind, your personal credit score is based on several factors, including: available credit, the amount of available credit used, late payments, and much more. Establish Corporate Credit and Get: Retail Business credit cards Lines of credit with various companies Equipment leases Auto leases Even buy real estate, and more !!! All without a personal guarantee or the need for personal credit checks. Establishing corporate credit for a business is a process that should be established over time. The older the business the more options the business will have to build corporate credit and obtain loans and leases without the use of personal guarantees. It is not easy to do this, but yet it is not impossible. The first step is to start building the corporate credit today. Business Credit Services has developed a unique patent pending process that compresses the normal 3-4 years of building corporate credit down to only 3-4 months! The goal is to establish a credit score of 75 or better. In comparison a corporate credit score of 80 is like having a personal credit score of 800, that's excellent credit. Business Credit Services has assembled an impressive list of over 3,000 companies who will provide corporate credit. Part of the program is providing this list of businesses that will grant credit to your corporation solely based on your corporate credit information and are willing to report payment experiences to the credit bureaus all without a personal guarantee or the need for personal credit checks. Source: David Gass, President & CEO, Business Credit Services, Inc. Business Credit Services, Inc. specializes in helping businesses build business credit and establish an excellent corporate credit history.
MUURISH WAQF (MOORISH TRUST AND HOLDING COMPANY)
The waqf in islamic law, which developed in the mideval ancient time from the 7th to 9th centuries, bears a notable resemblance to the English trust law. Every waqf was required to have a waqif (founder), mutawillis (trustee), quadi (judge) and beneficiaries. Under both a waqf and a trust, "property is reserved, and its usufruct appropriated, for the benefit of specific individuals, or for a general charitable purpose; the corpus becomes inalienable; estates for life in favor of successive beneficiaries can be created" and "without regard to the law of inheritance or the rights of the heirs; and continuity is secured by the successive appointment of trustees or mutawillis."] The only significant distinction between the Islamic waqf and English trust is "the express or implied reversion of the waqf to charitable purposes when its specific object has ceased to exist",] though this difference only applied to the waqf ahli (Islamic family trust) rather than the waqf khairi (devoted to a charitable purpose from its inception). Another difference was the English vesting of "legal estate" over the trust property in the trustee, though the "trustee was still bound to administer that property for the benefit of the beneficiaries." In this sense, the "role of the English trustee therefore does not differ significantly from that of the mutawalli." The trust law developed in England at the time of the Crusades, during the 12th and 13th centuries. The trust was introduced by Crusaders who may have been influenced by the waqf institutions they came across what the call the Middle East. For the benefit and purpose of the Members of the Waqf we will call this the Moorish Trust and Holding Company its purpose will be multi functional it will protect our assets, insure our members, incorporate companies in our business league, protect assets and develop a financial institution based on Susu Economics:
MOORISH AMERICAN TRUST & HOLDING COMPANY MATH and its member companies, formed in 2008 are engaged in diversified business activities and support services to meet the need of member farmers and other clients. They can be grouped into three broad categories: banking sector, non-banking sector (commercial non-commercial business), and support service sector. MATH will also partner with the Moorish National Bureau of Vital Statistics which will serve the purpose of Nationalizing our Citizens while the Trust will Nationalize our Communities and Assets. Banking sector: MATH will act as a specialised community bank and a investment firm. It handles and channels all loans to our nations agenda and development, and mobilizes financial resources mostly from urban clients to divert them toward financing viable projects. The Trust also functions as the central bank of its member companies in the operation of the Mutual Credit Scheme. Any surplus deposit money and legal reserves are pooled with MATH, which then are lent on to those companies in need. Resources mobilized through the community banking will eventually be used as short-term loans for business within individual cooperatives. MATH and member companies are developing community insurance service for both members and nonmembers. They will also handle the credit guarantee service for the Waqf. Non-Banking and Support Service Sector: Cooperative marketing of products, services, supply of inputs and consumer goods, warehousing and transportation; extension and training for member. _____________________________________________________________________ ďƒ’ Deposits (40%) ďƒ’ Corporate Credit Lines ďƒ’ Investment Revenue
THE PURPOSE OF THE TRUST ďƒ’
The Moorish Trust and Holding Company is an Indigenous/ Aboriginal Common Law Trust Corporation Created for Moorish and Native people in the Americas to interface with the U.S. Corporation without liability it will serve as an entity for Asset Protection and a Common Law Jurisdiction to put all LLC, S Corps or other corporations/ trust under one umbrella. The ultimate and primary purpose of this trust is to uplift fallen humanity by creating schools, employment opportunities, health facilities, manufacturing companies, distribution companies and consumer products for the public at large. We will work in partnership with the Moorish NGO, Native American Tribes and other Moorish Groups and Organizations in order to get our ultimate Goals Accomplished. The Trust will take care of Commercial and Liability Debt. The Moorish Trust and Holding Company Infrastructure will be set up as such. Their will be a Board of Directors consisting of three individuals who will be answerable to a Board of Trustees that will be 12 in number who will act as representatives of the body of the Trust (members). Each member of the Trust will have to be a part of or create a LLC, S Corp or Private Trust that will aide all uplifting and progressive acts of the Trust. The Trust will primarily consist of Brothers and Sisters from Virginia and North Carolina and others if they wish to join.
MCC & THE MTHC OBJECTIVES
Balanced, sustainable economic growth can only be achieved through the participation of all its citizens. We fully support the Government’s MCC policies and increased focus on broad-based, value creating empowerment and have incorporated them into all our activities. Emerging entrepreneurs have a key role to play in the development of the economy. We have adjusted the way we work in order to give these new business people the extra support they need to establish businesses that are sustainable in the long term.
We will partner with our Local, State, National and International Organizations. Support Government projects at local, state, national and international levels Proactively encourage our clients to comply with our MCC policies Seek communication with identified MCC stakeholders Maintain links with MCC activities Encourage the private sector to co-finance MCC transactions
OBJECTIVES CONT.
As a developmental finance institution we view MCC in the broadest possible context. When considering funding applications, we assess each project’s ability to meet some or all of the following requirements: Job creation Rural development Urban renewal Poverty alleviation The empowerment of women Skills development Education Access to finance for the purpose of creating wealth Through our formation of the Trust new job opportunities will be created, export earnings will be increased
OBJECTIVES CONT.
Our approach We give priority to projects which promise broad-based outcomes and/or which benefit the community as a whole. To date our empowerment funding or partnerships include projects within the following sectors: Manufacturing/Construction Agriculture/environmental Agro processing/Landscaping Chemicals and related products Wood, paper and printing Transport, storage and communications
OBJECTIVES CONT.
Economic transformation Small and Medium Enterprises are a crucial element to our developing economy Most emerging entrepreneurs are involved with the Trust and Moorish Chamber of Commerce. Humanity will constitute the majority of our clients Community Foundations and Workers’ Trusts All Community foundations and Economic Ventures will be supported by the Trust which will have its basic FOUNDATION rooted in Susu Economics. The purposes of the trust are to: Ensure that historically disadvantaged, low income Moors/ African descended people have a meaningful stake in the economy.
BUSINESS TYPES
Their will be 12 primary business need for the Trust among others: Economic/ Financial Analysis / Funding Accounting/Bookkeeping Acquisition/Contract Management Law Enforcement/ Security International Relations Education/Skills Training Services: Construction, Carpentry, Electronics, HVAC, Mechanics, Janitorial, Landscaping Agricultural/Economics Labor/ Staffing/Employment Paralegal/ Law Research and Development Health and Medical.
WHY A TRUE AND ACTIVE TRUST
It is created by a governing instrument under which property is or will be held, managed, administered, controlled, invested, reinvested and/or operated, or business or professional activities for profit are carried on or will be carried on, by a trustee or trustees or as otherwise provided in the governing instrument for the benefit of such person or persons as are or may become beneficial owners or as otherwise provided in the governing instrument, including but not limited to a trust of the type known at common law as a "business trust,“
Files a certificate of trust pursuant to § 3810 of this title. Any such association heretofore or hereafter organized shall be a statutory trust and a separate legal entity. The term "statutory trust" shall be deemed to include each trust formed under this chapter prior to September 1, 2002, as a "business trust" (as such term was then defined in this subsection). Neither use of the designation "business trust" nor a statement in a certificate of trust or governing instrument executed prior to September 1, 2002, to the effect that the trust formed thereby is or will qualify as a Delaware business trust within the meaning of or pursuant to this chapter, shall create a presumption or an inference that the trust so formed is a "business trust" for purposes of Title 11 of the United States Code
CONTINUED ďƒ’
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"Person" means a natural person, partnership, limited partnership, limited liability company, trust, estate, association, corporation, custodian, nominee or any other individual or entity in its own or any representative capacity, in each case, whether domestic or foreign, and a statutory trust or foreign statutory trust. (e) "Other business entity" means a corporation, a partnership (whether general or limited), a limited liability company, a common-law trust, a foreign statutory trust or any other unincorporated business, excluding a statutory trust.
FUNDING THE TRUST ďƒ’
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a) A contribution of a beneficial owner to the statutory trust may be in cash, property or services rendered, or a promissory note or other obligation to contribute cash or property or to perform services; provided however, that a person may become a beneficial owner of a statutory trust and may receive a beneficial interest in a statutory trust without making a contribution or being obligated to make a contribution to the statutory trust. (b) Except as provided in the governing instrument, a beneficial owner is obligated to the statutory trust to perform any promise to contribute cash, property or to perform services, even if the beneficial owner is unable to perform because of death, disability or any other reason. If a beneficial owner does not make the required contribution of property or services, the beneficial owner is obligated at the option of the statutory trust to contribute cash equal to that portion of the agreed value (as stated in the records of the statutory trust) of the contribution that has not been made. The foregoing option shall be in addition to, and not in lieu of, any other rights, including the right to specific performance, that the statutory trust may have against such beneficial owner under the governing instrument of applicable law.
LIASONS ďƒ’
We will form 12 primary business the rest will be secondary to enact the full capacity of our political, national, International endeavors. These primary business will fulfill our needs as a nation.
POSITION MISSION
The mission of this Ministry of Commerce is "to foster, promote, and develop the foreign and domestic commerce". to encompass broadly the responsibility to foster, serve, and promote the Nation's economic development and technological advancement. The Department fulfills this mission by Participating with other Government agencies in the creation of national policy, through the President's Cabinet and its subdivisions. Promoting and assisting international trade. Strengthening the international economic position of the Living Moorish Nation. Promoting progressive domestic business policies and growth. Improving comprehension and uses of the physical environment and its oceanic life. Ensuring effective use and growth of the Nation's scientific and technical resources. Acquiring, analyzing, and disseminating information regarding the Nation and the economy to help achieve increased social and economic benefit. Assisting members of the different states, communities, and individuals with economic progress. Positions Available: Financial Management, Financial Analysis Treasurer Economist
POSITION MISSION
The Ministry of the Accounting mission highlights its role as the steward of Moorish economic and financial systems, and as an influential participant in the global economy. The Treasury is the executive agency responsible for promoting economic prosperity and ensuring the financial security of the Moorish Trust. The Ministry is responsible for a wide range of activities such as advising the Board of Directors and Trustees on economic and financial issues, encouraging sustainable economic growth, and fostering improved governance in financial institutions. The Ministry of the Treasury operates and maintains systems that are critical to the nation's financial infrastructure, such as the production/ acquisition of coin and currency, the disbursement of payments to members of Trust, due collection, and the borrowing of funds necessary to run the Moorish Trust. The Ministry works with other Moorish entities, foreign governments, and international financial institutions to encourage global economic growth, raise standards of living, and to the extent possible, predict and prevent economic and financial crises. The Treasury Ministry will consist of Accountant, Investment Brokers, and Philanthropist and of course Treasurer.
Positions Available: Accountant Budget Analyst Book Keeper
POSITION MISSION To Ministry of education will create educational programs and institute schools and the Ministry of Education and Culture is dedicated to: Lecturing and Public Affairs Position Available: Researchers Writers Teachers
POSITION MISSION
Ministry of Labor promotes the welfare of the job seekers, wage earners, and entrepreneurs within the Trust by advancing their opportunities to meet the need for business development and to generate revenue which help the Moorish Trust and its members move toward an economic self-sufficiency. Providing quality Moorish employment opportunities that help preserve cultural identity is our prime consideration. Moors will assists in facilitating and strengthening teaming and partnering opportunities through pooled business unit resources and shared corporate resources. We will operated as a government contractor in the aerospace, construction and defense sector of manufacturing and distribution industries, but will eventually diversify into the telecommunications and services industries. Today, we have companies that are 8(a), HUB Zone, SDB and MBE companies are utilized by Moorish Industries to leverage business opportunities and enhance financial opportunities. They include profitable employment, Teaching Moors how to do a basic business set-up tracking changes in prices, and other national economic measurements. In carrying out this mission, the Ministry has re-initiated and reorganized the Moorish Young Mans Business League. This department will consist of: Position Available: Economist Acquisition Specialist Accountants Marketing Specialist
POSITION MISSION ďƒ’
Ministry of I/A promotes International Marketing as far as Trade, Economic Relations, Friendly Relations. The NGOs will be setting up missions to the UN and other NGO’s , IAU is what we will become setting up sovereign businesses unincorporated in any Nation.
POSITION MISSION
The Mission of the Ministry of Agriculture is to provide leadership on food, agriculture, natural resources and related issues based on sound policy, the best science and efficient management. We will also partner and do business with other Agriculture related groups, such as BFAA and BFA. We will form Co-ops which will expand to Grocery Stores and create Food Packaging Companies. Position Available: Agriculturalist Agronimist Environmentalist Environmentalist
POSITION MISSION
The Ministry of Health and Human Services is the Moorish government's principal agency for protecting the health of all Moors and people of African Descent and providing essential human services, especially for those who are least able to help themselves. Position Available: Nurse Midwives Douala Herbology Pediatrics
POSITION MISSION The Mission of our Service Industry is to provide quality, responsive engineering services to the nation including: Planning, designing, building and operating water resources and other civil works projects (Navigation, Flood Control, Environmental Protection, Disaster Response, etc.) Designing and managing the construction of facilities for the Nation. Providing design and construction management support for other Ministries. (Interagency and International Services) Engineers, Scientists Real Estate specialists Administrators.
FOREIGN ENTITIES DOING BUSINESS IN U.S.
GOVERNMENT OF CANADA
ABU DHABI NATIONAL OIL CO/ Saudi Arabian
BP P.L.C./ Kuwait
NATIONAL AGRICULTURAL COOPERATIVE FEDERATION/ Korean