I started on Facebook to tell a story of how, what consider the voice of the Black and minority community in the Pacific Northwest, is in jeopardy of being forced to close its doors. One of my favorite sayings is “always connect the dots”. Well I want to connect the dots on how and why the community has stepped forward to save our voice. Here’s the rest of the story.

We have all heard the stories of bank failures during and in the aftermath of the terrible economic Wall Street recession. Many of us lost a lot of financial value via lost of jobs, homes, retirement savings, and countless other forms of economic viability. This is a story that has its roots in the bank failures that were part and parcel to the damage done by the man made recession.

Through no fault of its own a few years back Chris Bennett Broadcasting(CBB) was forced to relocate station and transmitter assets to a new location. To accomplish this move the company took out a capital loan to cover the relocation cost. The loan was granted by small bank that had a long standing financial relationship with CBB. Well as a result of the economic calamity (recession) the bank failed and the banks assets were liquidated and loans were sold off by the FDIC. The new loan holder bank has called the loan which amounts to a huge balloon payment due by December 31, 2013.

These airways are a jewel to our community so we are not taking this lying down. We have seen tremendous loses in our community due to gentrification and other forms of economic migration and we are going to make a stand on this one. We are prepared to fight with all means at our disposal to not lose our voices in the form of this radio station network. Please visit www.SAVEKRIZ.COM and get more facts and help in any way you can. No amount is too small.