Posts Tagged ‘promissory note’

Martin Luther King: Default Insufficient Funds

Posted by admin on Monday, August 28, 2017

Martin Luther King, Jr. Money Quote saying in his ‘I have a Dream’ speech on August 28, 1963 that Constitutional promise to all Americans check has bounced for those of color. Martin Luther King, Jr. said:
 
America has defaulted on this promissory note insofar as her citizens of color are concerned. America has given the Negro people a bad check which has come back marked 'insufficient funds' Quote
 

“America has defaulted on this promissory note insofar as her citizens of color are concerned. Instead of honoring this sacred obligation, America has given the Negro people a bad check which has come back marked ‘insufficient funds'” — Martin Luther King, Jr.

 

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In this quote, Martin Luther King Jr. is referring to the unfulfilled promises of equality, justice and fair treatment that were owed to Black Americans based on the founding principles and values of the United States.

He describes the U.S. as having “defaulted” or failed to deliver on its obligations to its non-white citizens as outlined in this “promissory note” of liberty, dignity and equal protection under law. King asserts that rather than honoring its commitment of justice for all, America has provided African Americans with a “bad check” in the form of insufficient and unrealized progress towards remedying racial inequities.

His view is that the nation had not made good on its debt of full civil rights, and the funds (actions and political will) backing this obligation were found to be lacking when presented for redemption.

Birthday: January 15, 1929 – Died (assassinated) April 4, 1968

 

Martin Luther King: Capital Cash Check

Posted by admin on Monday, August 28, 2017

Martin Luther King Money Quote from “I have a Dream” speech on August 28, 1963 saying the government owes a debt to every American that has been denied constitutional promises. Martin Luther King said:
 
Martin Luther King Jr. Money Quote saying We have come to cash a check. The constitution & declaration of independence a promissory note Quote
 

We have come to our nation’s capital to cash a check. When the architects of our republic wrote the magnificent words of the Constitution and the declaration of Independence, they were signing a promissory note to which every American was to fall heir” — Martin Luther King, Jr.

 

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In this quote, Martin Luther King Jr. is referring to the promises of equality, justice and equal rights that were enshrined in the founding documents of the United States like the Constitution and Declaration of Independence.

He describes these promises as a kind of “promissory note” or IOU that every American citizen was rightfully owed based on the nation’s principles. King states that in marching to Washington D.C. for the March on Washington, the civil rights movement was effectively coming to “cash this check” and demand that the nation make good on its debt of fully guaranteeing liberty and fair treatment for all people regardless of race.

His view was that the architects of America had pledged justice for all in its founding texts, and the time had come to redeem that pledge in reality by securing true civil rights protections through legislation and social reform.

#ConstitutionDay September 17
 
Birthday: January 15, 1929 – Died (assasinated) April 4, 1968

 

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