Thursday, February 18, 2010

'Let My Bitches Go,' Says the Pimp to the Bankers

When Russell Simmons declared war on major banks for ripping off the poor on his website, Global Grind, I seriously thought the page had a glitch.

The downward-dog, granola-crunching, snow-bunny aficionado has a notorious reputation for his nasty demeanor, and, his extreme capitalistic tactics. It is so shocking that this vegan who has enjoyed economic canibalism on vulnerable groups call out the exploitation of banks?!

It is the tale of a pimp pissed that his whores are giving their money to another cat daddy.

Simmons said some pretty daring things (read excerpt below) in his letter that are in contrast of his pimpalicious history to exploit black talent.

As you may not know, he was behind Def Comedy Jam and Def Poetry Jam, two multi-million dollar ventures that gave up-and-coming artists airtime if they performed for free. As a result, comedians and poets flocked to New York in hopes to get a break, only to end up with broken pockets.

Then you have Simmons' own banking venture, The Rush Card, a pre-paid credit card that promises finanical freedom. Ironically, The Rush Card has gotten so many complaints, it outnumbers the platinum hits that he received as president of Def Jam Records. As a matter of fact, these complaints are so funny, it kills an episode of Def Comedy an day. (Click here for complaints).

These complaints are the exact same issues that the poor and working class have experienced with these so called bankers he claims to be planning to deliver a one-of-a-kind whoop ass.

The only thing Simmons is delivering is his own ass to the bankers on a plate, along with millions of poor folk who bought into his own financial madness.

Here is a blip of Simmons. Hoes Down, Pimps Up
(They trick customers into doing things that are not good for them through lack of transparency, and surprise them with new fees when they can least afford it. I'm learning an important lesson about ethics or lack of ethics in this industry. In fact, I'm fighting with a bank right now that doesn't know what kind of ass whipping they are going to get when I expose them for the abusive practices and exuberant fees they are charging the poor.)

3 ish talking intellectuals holla at a sista:

BigmacInPittsburgh said...

Russell has always been a pimp in my eyes,glad you are exposing him for what he is.

Anonymous said...

First off Kim is NOT 'white' so make her any more of a monolith than you would have someone make of you. And maybe Mr.Bush isn't 'down' for the sisters because you all have awy too much damn ATTITUDE even when it's NOT warranted,wanted or needed! As for the president get it straight his name is O-B-A-M-A not 'Barry' or 'Drama' or 'Bami' or any other dumb s##t! Just because he is black doesn't mean you chucklheads get to refer to him anyway you damn well please. And where was all this bitching and whining for the supposed 'other' black president?! You know the one running the White House like it was the Playboy mansion y'all were not only SILENT as mice about every little thing HE did but let him off the hook for stuff you now attack Mr. Obama for. Way to go hypocrites and you wonder why we are always at the bottom of the damn food chain!

Reggie said...

Russell doesn't have a clue, he's been out for self for years. His prosperity has been greatly due to that fact.

He is a hustler and a bullshit artist more so than a pimp.