Why White People Don’t Like to Talk About Race

[bigrebnc1775]

So once gain we see the usual suspects saying the usual things. One of you has tried playing the MLK card. This card has never been played on the other thousand threads made in this forum by whites. But since you want to play stupid, it's time to break out the chalkboard.

"It will end up costing the U.S. economy as much as $1 trillion between now and 2028 for the nation to maintain its longstanding black-white racial wealth gap, according to a report released this month from the global consultancy firm McKinsey & Company. That will be roughly 4 percent of the United States GDP in 2028—just the conservative view, assuming that the wealth growth rates of African Americans will outpace white wealth growth at its current clip of 3 percent to .8 percent annually, said McKinsey. If the gap widens, however, with white wealth growing at a faster rate than black wealth instead, it could end up costing the U.S. $1.5 trillion or 6 percent of GDP according to the firm."

The Amazing Resiliency of White Wealth - CityLab

This is the cost of your racism.

It's the cost of YOUR racism
Your racism keeps blacks on the democrat plantation
Pretty pathetic if you're to lazy to make your own wealth don't whine because others have it.

No, that's the cost of your racism. There is no democratic plantation. If we blacks want to return to the plantation we'll join the republican party. Your comments show your ignorance.

Your comments show your ignorance.

Now you two have something in common.

I have nothing in common with that racist

It was meant for him much more than you. Now, he might say that is racist. Just letting him no he is no stranger to ignorance.

I believe it's pretty ignorant of someone who claims to be black and uses a Malcolm X meme in their signature and support democrats and not realize that Malcolm called any black who support democrats a traitor to their race

 

[beautress]

From your article, it seeks an answer, and I have one;

". . . The easy thing to do is just sit down in the room (it’s comfortably furnished after all) and do nothing. But then we never get out. What will unlock the door?"

Simple, refuse to acknowledge that there is a door between us.

Don't judge each other by our skin color. The ruling elites WANT you to judge folks by externalities like sex, sexual orientation, age, religion, and skin color, political identification, etc., it keeps populations divided. STOP IT.

You don't have the answer and posting videos of blacks who you try using to justify your refusal to really want to do something about it is not going to work. This is about public policy and until whites are willing to do what it takes for real equality in a capitalist system, don't come to me with some simple minded bullshit like what you posted.

Racists are very good at instructing everyone as to the percentage of blacks in the population. And they reach hard to extrapolate exaggerated numbers about crime, often conflating murder with total crime. But somehow and really it's done on purpose because we are dealing with racists, are other important statistical data is not discussed.

Blacks are 13 percent of the American population but have 2.6 percent of the wealth. This did not happen because of laziness. Indeed, the historical records shows that blacks have consistently worked as hard or harder than whites and for far less money, including over 230 years for free. Equality in a capitalist system means we have 13 percent of the wealth. We have 1/5 the wealth we should have in proportion to our population.

Before I end this, let me break down what white racism has done to this nation. While certain whites gloat about how successful they have been as a race and lecture others about how they have failed, facts they have created the problems being complained about today. If not for racism everyone would be better off economically, fewer people would be on the public dime, tax revenues would increase at every level, we’d have a smaller deficit, or possibly no national deficit or debt. Crime would be reduced dramatically, unemployment very well would be less than 1 percent. More than likely the increased tax revenue could help provide free education and health care to all American citizens. After reading study after study shoes us that virtually every economic problem we have stems from the racism that has denied people of color opportunity.

Oprah Winfrey is a billionnaire, IM2. She worked hard for her money, and she made peace with all races of people. Nobody is like her. She makes good investments, and she benefits whoever calls on her to help.
You have to believe in yourself when you're young. And you have to jump through a lot of hoops to succeed in life. There are plenty of black men who've succeeded also. Robert F. Smith made a billion dollars, too, when he was young, because he showed tenacity to the tasks he was given and moved up to start investing his wealth to 5x his first billion. Michael Jordan is twice over a billionnaire, because he invested his superstar paycheck quite well. If you ever watched him play basketball, you'd know he was a genius in every way, and he broke records wherever he went, and whatever he did.

America is for everybody who works hard. And America is for you.

America’s Black Billionaires: The Richest African Americans in 2019 - Black Enterprise

I know how many blacks are millionaires and billionaires and that number is 36,000 out of 47.6 million. The ignorant defense of Oprah and Michael Jordan is not what I am going to listen to. Blacks have always worked hard and I certainly won't be listening to lectures from a person that married into mobility. From the ages of 28 - 52, I helped build and develop 3 organizations. Almost 7 years ago, I retired at 52 and now work on personal projects on my time. I know what hard work is and I know what America has. And what it has is about 1/5 of it's population running their mouths off trying to tell others that the America they experience doesn't exist. But it does and as we enter the 3rd decade of the 21st century, it's time those like you stopped lying to yourselves.

In order to reach true equality in a capitalist system all must have equal control of capital, especially in our own communities. Blacks have an economy of 1.3 trillion dollars. According to the U.S. Census Bureau, there are 2.6 million Black-owned business in the United States, compared to 22.6 million white-owned businesses. Blacks/African Americans, who make up more than 13% of the U.S. population, only own about 7% of all the businesses in the country, and generate only about 0.5% of total receipts. Out of those 2.6 million businesses, 95 percent were sole proprietorships with no hired employees. 109,000 of these businesses were able to hire employees. Those businesses hired over 975,000 people.

It is apparent that such numbers need to increase. While much is made about foreign trade deficits, Americans face internal trade deficits of our own making.

Racists are very good at instructing everyone as to the percentage of blacks in the population. And they reach hard to extrapolate exaggerated numbers about crime, often conflating murder with total crime. But somehow and really it's done on purpose because we are dealing with racists, are other important statistical data is not discussed.

Blacks are 13 percent of the American population but have 2.6 percent of the wealth. This did not happen because of laziness. Indeed, the historical records shows that blacks have consistently worked as hard or harder than whites and for far less money, including over 230 years for free. Equality in a capitalist system means we have 13 percent of the wealth. We have 1/5 the wealth we should have in proportion to our population.

Again, let me break down what white racism has done to this nation. While certain whites gloat about how successful they have been as a race and lecture others about how they have failed, facts they have created the problems being complained about today. If not for racism everyone would be better off economically, fewer people would be on the public dime, tax revenues would increase at every level, we’d have a smaller deficit, or possibly no national deficit or debt. Crime would be reduced dramatically, unemployment very well would be less than 1 percent. More than likely the increased tax revenue could help provide free education and health care to all American citizens. After reading study after study shoes us that virtually every economic problem we have stems from the racism that has denied people of color opportunity.

Mr. IM2, you have anger. I can't do anything about it. I have a neighbor next door, and if he asked for something reasonable, I would furnish it. But he doesn't have any expectations of me, nor I of him. Everybody's neighbors, but if we expect something different because one is white skinned and one is of color, we're working against something called brotherhood, because not paying attention to skin color and believing we are neighbors makes us able to be friends.

But you can't be friends with an angry hothead, nor can you be of any use to one, nor should you be. If I had a friend as angry as you, I'd try to get them to seek a special person known as a psychologist (not a psychiatrist). A psychologist is one who works with people to change anger into a neutral force so that the person can interact without anger among his fellow citizens, whether they are male or female, black or white, protestant or Jew or Muslim or Mormon or Baptist or any other religious affiliation.

I'm not a psychologist, but surely rather than living you entire life out in a rage against everybody else, you could do yourself a favor and request a psychologist run you through his program to help you see life events from perspectives of those you feel such annoyance and anger at you trade ugly words with them as a habit that it's up to you to keep or to break as your chosen lifestyle.

I wish you well on your communications so that you will someday feel not so angry you must make mountains out of what others consider to be molehills. You'll be a lot happier when you see an antbed as a molehill without making them mad or they'll bite. Nothing but good wishes, sir. And bon voyage. Happy trails.

If I am angry, I have right to be. I am not a psychiatrist, but the crap you post here shows that you are unbalanced. We are to pretend racism is a part of the past even as we see it happening now. And we are not supposed to be angry about it's continuance , while whites can make things up to be mad about and everybody is supposed to be mad. You're a loony tune. Racism is Mount Everest it, is not a molehill. Turn black and live, then come try lecturing me with your lunacy.

Go ahead, doll. Chase your tail. It's your right.

 

[sparky]

This whole, "acting white" shit? You folks do that to yourself. You are no different. This whole, "you have your own culture,

admittedly Mr B.....i don't even understand matching socks .....~S~

 

[Lastamender]

It's the cost of YOUR racism
Your racism keeps blacks on the democrat plantation
Pretty pathetic if you're to lazy to make your own wealth don't whine because others have it.

No, that's the cost of your racism. There is no democratic plantation. If we blacks want to return to the plantation we'll join the republican party. Your comments show your ignorance.

Your comments show your ignorance.

Now you two have something in common.

I have nothing in common with that racist

It was meant for him much more than you. Now, he might say that is racist. Just letting him no he is no stranger to ignorance.

I believe it's pretty ignorant of someone who claims to be black and uses a Malcolm X meme in their signature and support democrats and not realize that Malcolm called any black who support democrats a traitor to their race

Racists only take what works for them. The rest is not worth hearing or tolerating for them.

 

[22lcidw]

A lot of African Americans do not want to live near White people. Even if they have money. And there are a lot of African Americans with money. There are diverse neighborhoods and areas to be sure. And there are many truly non racist people that you do not believe. Again, many Afriacan Americans feel comfortable or perhaps get more bang for the dollar staying in African American neighborhoods even if the crime rate and issues are not good and they can go to other places to live better. To many nice cars. To many men and women dressed nice. A lot of comforts in many homes living the good life. A lot of going out to have a good time. That takes money. The negatives... babies being born out of wedlock and the drugs. Believe me that has affected a lot of people.

 

[bigrebnc1775]

In July 2017, 41.4 million people in the United States were black alone, which represents 12.7 percent of the total population.
41.4 million Americans are black, out of a population of over 300 million
Black/African American - The Office of Minority Health
(Map of the US with the top 10 states displaying the
largest African American population according to the Census Bureau)

 

[MizMolly]

My question is why can’t IM2 stop talking about race?

He CERTAINLY doesn't to talk about black crime, or black men knocking up women and then abandoning them.

He segregates himself from those topics.


Sent from my iPhone using Tapatalk

No, I don't. I discuss them with other blacks because they are sincere in wanting to solve the problem and they understand the root cause. Whites only talk about black on black crime to avoid looking at their own problems. This thread is an example. It is about the inability of whites to discuss racism. So to avoid doing this there is inevitably the piling on about black on black crime. Stop segregating yourselves from the problems in the white community.

A big problem with blacks like you is that you feel all your woes are because of the white man. You take no responsibility for anything you may have done yourself. What you consider racism isn't necessarily so. Whites avoid some black neighborhoods because there is a lot of danger and crime in some of them. You call that racism, which is bullshit. Some blacks don't get the job, you call it racism, I have witnessed whites and blacks both not get the job do to their lack of experience, attitude, the way the speak or appearance. The whites know why they aren't hired, the blacks called it racism.

 

[MizMolly]

From your article, it seeks an answer, and I have one;

". . . The easy thing to do is just sit down in the room (it’s comfortably furnished after all) and do nothing. But then we never get out. What will unlock the door?"

Simple, refuse to acknowledge that there is a door between us.

Don't judge each other by our skin color. The ruling elites WANT you to judge folks by externalities like sex, sexual orientation, age, religion, and skin color, political identification, etc., it keeps populations divided. STOP IT.

You don't have the answer and posting videos of blacks who you try using to justify your refusal to really want to do something about it is not going to work. This is about public policy and until whites are willing to do what it takes for real equality in a capitalist system, don't come to me with some simple minded bullshit like what you posted.

Racists are very good at instructing everyone as to the percentage of blacks in the population. And they reach hard to extrapolate exaggerated numbers about crime, often conflating murder with total crime. But somehow and really it's done on purpose because we are dealing with racists, are other important statistical data is not discussed.

Blacks are 13 percent of the American population but have 2.6 percent of the wealth. This did not happen because of laziness. Indeed, the historical records shows that blacks have consistently worked as hard or harder than whites and for far less money, including over 230 years for free. Equality in a capitalist system means we have 13 percent of the wealth. We have 1/5 the wealth we should have in proportion to our population.

Before I end this, let me break down what white racism has done to this nation. While certain whites gloat about how successful they have been as a race and lecture others about how they have failed, facts they have created the problems being complained about today. If not for racism everyone would be better off economically, fewer people would be on the public dime, tax revenues would increase at every level, we’d have a smaller deficit, or possibly no national deficit or debt. Crime would be reduced dramatically, unemployment very well would be less than 1 percent. More than likely the increased tax revenue could help provide free education and health care to all American citizens. After reading study after study shoes us that virtually every economic problem we have stems from the racism that has denied people of color opportunity.

. . . a lot of this has to do with ethnological studies.

Black posters on this site continually maintain the American Blacks have their own culture.

Hell, I even in my youth met a CIA agent that helped create, within the Black Culture the whole idea of black nationalism. The CIA wanted American blacks to have their own identity, so this agent cultivated a close relationship with Bobby Seale, so that they would create an organization that would feed into this, and create separateness from White culture.

In America, we have many different sub-nations, and they all perform at different levels, because their families have different attitudes.

The biggest blame the black families can level at white culture, is purposeful destruction and manipulation of their culture and families, so that they have been excluded from their birth right, and what they truly are, part of the larger culture.

THEY ARE NOT SEPARATE, they have been tricked into thinking that they are. IT has been an advanced Cointelpro, from before the end of Jim Crow, so that the black American community would tricked into keeping themselves down. It has to do with the music produced, the literature written, and movies made.

This whole, "acting white" shit? You folks do that to yourself. You are no different. This whole, "you have your own culture," and no talking to the man so you make yourselves increased victims of crimes? THAT is why your families and businesses and communities get torn asunder. There is a poster, Avery Jarmen, she posts about domestic violence and child abuse. . . if no one calls CPS or the cops? Then psychic destruction keeps black communities down, but you want to blame that on the dominant community?

No sir. I am not buying it at this point. Sure. . . some of it is the institutional shit, but most of it is based on a refusal to engage in the mainstream culture.

REPEAT AFTER ME: "DISPARATE OUTCOMES DO NOT IMPLY DISPARATE TREATMENT"

In fact, if you look closely at the education system and the social structure since the nineties, the government and the institutional structures have made herculean efforts to promote the interests of women and minorities. At this point? The problem probably lay with those communities and internal expectations.

Actually we maintain that our culture has been ignored as part of American culture. I'm black learn to stop thinking you can tell me what blacks say or think. Everything you say here is bullshit. The acting white is another old dumb white excuse used to deny major systemic problems. Whites get beat up for acting black, but in standard white racist fashion you refuse to accept that whites have created this problem and want to find was to absolve yourself of personal responsibility. Let me use your last paragraph to illustrate my point. School funding is based on property value and property is worth lees in black communities meaning schools in those communities get less funds. It really doesn't much matter what you don't buy because the only thing you want to buy is the pretense that continuing white racism has no effect on those dealing with it.

I find it ironic that to people like yourself acting white only applies to studying and getting good grade but never the anti social behaviors that have caused white kids to shoot up schools or drive white kids to suicide.

I never owned a slave. Maybe you should sue those who captured your forebears and sold them.

Greg

This thread is not about slavery and racism by whites still continues today.

Yes, there are still white racists today, and black racists too. People don't dislike you because you are black, they dislike you because you are an asshole.

 

[MisterBeale]

My question is why can’t IM2 stop talking about race?

I guess he can't let go.

My neighbors who are black people, they have good jobs and own their houses, have good cars and go a week or two for vacations each year. They never talk about race, they didn't make their lives miserable wasting their time thinking about race.

At this point, even many illegal immigrants are capable to succeed and make good income and even business. While I have witnessed as well that people who think about the past they can't progress because they can't concentrate in their future.

When the OP can't respond that today race is not an issue, then he transforms himself from hysterical to historical, and he starts mentioning the crude treatment against his ancestors in the past.

Today's people are not guilty of what their ancestors did or didn't do.

And race is not an issue for people who want to live and progress in today's society.

The OP has an agenda which is not working anymore. Society has changed a lot, and you can notice in the news that people who suffers consequences because "the color of their skin" are mostly low income people, who can't progress because they claim society owes them, I don't have any idea what society owes to them, but such is their claim.

Perhaps that is the reason they refuse to work waiting for a check coming for free, and the check never arrives and they keep living in poverty generation after generation? If this is what is happening, then my neighbors who are black are the smarten between black people, because they don't wait for the free check... they work for earn it instead.

The only agenda that's not working is yours. And it's because the facts don't support the lie you tell yourself. Anecdotes about that 1 black family or that 1 black you know at work doesn't change the facts.

White Americans’ Hold on Wealth Is Old, Deep, and Nearly Unshakeable
Brentin Mock
September 3, 2019

White families quickly recuperated financial losses after the Civil War, and then created a Jim Crow credit system to bring more white families into money.

It will end up costing the U.S. economy as much as $1 trillion between now and 2028 for the nation to maintain its longstanding black-white racial wealth gap, according to a report released this month from the global consultancy firm McKinsey & Company. That will be roughly 4 percent of the United States GDP in 2028—just the conservative view, assuming that the wealth growth rates of African Americans will outpace white wealth growth at its current clip of 3 percent to .8 percent annually, said McKinsey. If the gap widens, however, with white wealth growing at a faster rate than black wealth instead, it could end up costing the U.S. $1.5 trillion or 6 percent of GDP according to the firm.

[Want more stories like this one? Sign up for the CityLab Daily newsletter.]

“Despite the progress black families have made in civic and economic life since the passage of the Civil Rights Act of 1964, they face systemic and cumulative barriers on the road to wealth building due to discrimination, poverty, and a shortage of social connections,” reads the report, “as both mechanisms and results of racial economic inequity.”

Crucial to understanding how to close that gap—such that it can actually be closed—is grappling with how it was created in the first place. The McKinsey report identifies four components that perpetuate this gap—family wealth, family income, family savings, and community context (a community’s collective public and private assets). Black families have not been able to build wealth due to “unmet needs and obstacles” across these four dimensions.

That’s the deficit-lens on the problem as it pertains to black families. But it’s worth looking at how each of those components also played a huge role in boosting white families’ financial standing to begin with. The wealth, income, and savings that white families accumulated during slavery supplied the economic thew that catapulted them into elite affluent status during the country’s first two centuries of existence. But it was community context and creative credit machinations that helped white families maintain that status over the ensuing two centuries, putting into doubt whether a closure of the black-white racial wealth gap is even possible given these deeply entrenched advantages.
The Amazing Resiliency of White Wealth - CityLab

See. . . this is how dumb you are, you have no clue how to deconstruct propaganda.

You don't understand, that all this wealth? it is primarily owned by just a few hundred families. And these families? Are mostly liberal. . . THEY WANT YOU TO KNOW, and to believe it is because of racism.

They want socialism, b/c these families have been in control for nearly a century, and socialism would keep their dynasties in control. . . forever.

There are two types of money, the new rich, and the old rich.

Here, watch this video;



Now, the "one percent," or the folks at the top? If there is so few, how come this video just didn't go ahead and NAME THEM? I will tell you why, b/c their agenda is JUST LIKE YOURS. . .SOCIALISM. It wants to keep those who are in power, IN POWER FOREVER. It wants to divide the middle class and the poor, or the upper-middle class, and prevent anyone from ever having a chance to became part of the ruling class.

There is no way that article has any proof that closing the wealth gap would boost the GDP. All of the wealth comes primarily from old and new money, and these cock suckers, (all on the extreme left, mind you, all brainwashing you with the same bullshit,) do nothing for you.

I will tell you, and GIVE you their names, since the video REFUSED to do it for you.

Instead of blaming all the poor and middle class whites for the "Amazing Resiliency of White Wealth" Blame it on all these old rich white folks that tell you to blame numerous poor white that started out just as poor as you. (I'll give you a hint, Anderson Cooper in among those families, in fact, his family is in the Top 10.)

America's 60 Families
America's 60 Families
"LISTS

Dynasties listed below were included in America's 60 Families, Ferdinand Lundberg's 1937 expose on the super-rich. Lundberg used tax records to uncover the often impenetrable financial and political machinations of the 60 Families, effectively publishing a directory of names and occupations of family scions as well as estimates of their fortunes.

"The United States is owned and dominated today by a hierarchy of its sixty richest families, buttressed by no more than ninety families of lesser wealth... These families are the living center of the modern industrial oligarchy which dominates the United States, functioning discreetly under a de jure democratic form of government behind which a de facto government, absolutist and plutocratic in its lineaments, has gradually taken form since the Civil War. This de facto government is actually the government of the United States -- informal, invisible, shadowy. It is the government of money in a dollar democracy." Families are listed in ranked order (according to 1924 tax records) with their primary sources of wealth.. . . "
lists. .

And, onto the NEW WEALTH. These are the folks brainwashing your ass in silicon valley and on your TEE VEE, and in your press. They want total control of your life.

The Forbes 400: The Definitive Ranking Of The Wealthiest Americans
The Forbes 400 2019

Poor and middle class white American have no, "Wealth Resiliency." This is bullshit propaganda. I can't believe you are this dumb. The wealth gap affects all poor and middle class equally. The only thing your data is showing is that a few hundred families that own everything happen to be primarily white. And then they refuse to name them, because they have an agenda. . . that agenda is complete government control of everything and everyone.

And the folks that would control everything and everyone? Would be those same families. Is that what you really want? A return to slavery huh?

 

[MizMolly]

From your article, it seeks an answer, and I have one;

". . . The easy thing to do is just sit down in the room (it’s comfortably furnished after all) and do nothing. But then we never get out. What will unlock the door?"

Simple, refuse to acknowledge that there is a door between us.

Don't judge each other by our skin color. The ruling elites WANT you to judge folks by externalities like sex, sexual orientation, age, religion, and skin color, political identification, etc., it keeps populations divided. STOP IT.

You don't have the answer and posting videos of blacks who you try using to justify your refusal to really want to do something about it is not going to work. This is about public policy and until whites are willing to do what it takes for real equality in a capitalist system, don't come to me with some simple minded bullshit like what you posted.

Racists are very good at instructing everyone as to the percentage of blacks in the population. And they reach hard to extrapolate exaggerated numbers about crime, often conflating murder with total crime. But somehow and really it's done on purpose because we are dealing with racists, are other important statistical data is not discussed.

Blacks are 13 percent of the American population but have 2.6 percent of the wealth. This did not happen because of laziness. Indeed, the historical records shows that blacks have consistently worked as hard or harder than whites and for far less money, including over 230 years for free. Equality in a capitalist system means we have 13 percent of the wealth. We have 1/5 the wealth we should have in proportion to our population.

Before I end this, let me break down what white racism has done to this nation. While certain whites gloat about how successful they have been as a race and lecture others about how they have failed, facts they have created the problems being complained about today. If not for racism everyone would be better off economically, fewer people would be on the public dime, tax revenues would increase at every level, we’d have a smaller deficit, or possibly no national deficit or debt. Crime would be reduced dramatically, unemployment very well would be less than 1 percent. More than likely the increased tax revenue could help provide free education and health care to all American citizens. After reading study after study shoes us that virtually every economic problem we have stems from the racism that has denied people of color opportunity.

Oprah Winfrey is a billionnaire, IM2. She worked hard for her money, and she made peace with all races of people. Nobody is like her. She makes good investments, and she benefits whoever calls on her to help.
You have to believe in yourself when you're young. And you have to jump through a lot of hoops to succeed in life. There are plenty of black men who've succeeded also. Robert F. Smith made a billion dollars, too, when he was young, because he showed tenacity to the tasks he was given and moved up to start investing his wealth to 5x his first billion. Michael Jordan is twice over a billionnaire, because he invested his superstar paycheck quite well. If you ever watched him play basketball, you'd know he was a genius in every way, and he broke records wherever he went, and whatever he did.

America is for everybody who works hard. And America is for you.

America’s Black Billionaires: The Richest African Americans in 2019 - Black Enterprise

I know how many blacks are millionaires and billionaires and that number is 36,000 out of 47.6 million. The ignorant defense of Oprah and Michael Jordan is not what I am going to listen to. Blacks have always worked hard and I certainly won't be listening to lectures from a person that married into mobility. From the ages of 28 - 52, I helped build and develop 3 organizations. Almost 7 years ago, I retired at 52 and now work on personal projects on my time. I know what hard work is and I know what America has. And what it has is about 1/5 of it's population running their mouths off trying to tell others that the America they experience doesn't exist. But it does and as we enter the 3rd decade of the 21st century, it's time those like you stopped lying to yourselves.

In order to reach true equality in a capitalist system all must have equal control of capital, especially in our own communities. Blacks have an economy of 1.3 trillion dollars. According to the U.S. Census Bureau, there are 2.6 million Black-owned business in the United States, compared to 22.6 million white-owned businesses. Blacks/African Americans, who make up more than 13% of the U.S. population, only own about 7% of all the businesses in the country, and generate only about 0.5% of total receipts. Out of those 2.6 million businesses, 95 percent were sole proprietorships with no hired employees. 109,000 of these businesses were able to hire employees. Those businesses hired over 975,000 people.

It is apparent that such numbers need to increase. While much is made about foreign trade deficits, Americans face internal trade deficits of our own making.

Racists are very good at instructing everyone as to the percentage of blacks in the population. And they reach hard to extrapolate exaggerated numbers about crime, often conflating murder with total crime. But somehow and really it's done on purpose because we are dealing with racists, are other important statistical data is not discussed.

Blacks are 13 percent of the American population but have 2.6 percent of the wealth. This did not happen because of laziness. Indeed, the historical records shows that blacks have consistently worked as hard or harder than whites and for far less money, including over 230 years for free. Equality in a capitalist system means we have 13 percent of the wealth. We have 1/5 the wealth we should have in proportion to our population.

Again, let me break down what white racism has done to this nation. While certain whites gloat about how successful they have been as a race and lecture others about how they have failed, facts they have created the problems being complained about today. If not for racism everyone would be better off economically, fewer people would be on the public dime, tax revenues would increase at every level, we’d have a smaller deficit, or possibly no national deficit or debt. Crime would be reduced dramatically, unemployment very well would be less than 1 percent. More than likely the increased tax revenue could help provide free education and health care to all American citizens. After reading study after study shoes us that virtually every economic problem we have stems from the racism that has denied people of color opportunity.

Mr. IM2, you have anger. I can't do anything about it. I have a neighbor next door, and if he asked for something reasonable, I would furnish it. But he doesn't have any expectations of me, nor I of him. Everybody's neighbors, but if we expect something different because one is white skinned and one is of color, we're working against something called brotherhood, because not paying attention to skin color and believing we are neighbors makes us able to be friends.

But you can't be friends with an angry hothead, nor can you be of any use to one, nor should you be. If I had a friend as angry as you, I'd try to get them to seek a special person known as a psychologist (not a psychiatrist). A psychologist is one who works with people to change anger into a neutral force so that the person can interact without anger among his fellow citizens, whether they are male or female, black or white, protestant or Jew or Muslim or Mormon or Baptist or any other religious affiliation.

I'm not a psychologist, but surely rather than living you entire life out in a rage against everybody else, you could do yourself a favor and request a psychologist run you through his program to help you see life events from perspectives of those you feel such annoyance and anger at you trade ugly words with them as a habit that it's up to you to keep or to break as your chosen lifestyle.

I wish you well on your communications so that you will someday feel not so angry you must make mountains out of what others consider to be molehills. You'll be a lot happier when you see an antbed as a molehill without making them mad or they'll bite. Nothing but good wishes, sir. And bon voyage. Happy trails.

If I am angry, I have right to be. I am not a psychiatrist, but the crap you post here shows that you are unbalanced. We are to pretend racism is a part of the past even as we see it happening now. And we are not supposed to be angry about it's continuance , while whites can make things up to be mad about and everybody is supposed to be mad. You're a loony tune. Racism is Mount Everest it, is not a molehill. Turn black and live, then come try lecturing me with your lunacy.

With your attitude you get treated badly, not because of your skin color.

 

[MizMolly]

LOL YOU are the one whining like a fragile, angry child

 

[MizMolly]

Oprah Winfrey is a billionnaire, IM2. She worked hard for her money, and she made peace with all races of people. Nobody is like her. She makes good investments, and she benefits whoever calls on her to help.
You have to believe in yourself when you're young. And you have to jump through a lot of hoops to succeed in life. There are plenty of black men who've succeeded also. Robert F. Smith made a billion dollars, too, when he was young, because he showed tenacity to the tasks he was given and moved up to start investing his wealth to 5x his first billion. Michael Jordan is twice over a billionnaire, because he invested his superstar paycheck quite well. If you ever watched him play basketball, you'd know he was a genius in every way, and he broke records wherever he went, and whatever he did.

America is for everybody who works hard. And America is for you.

America’s Black Billionaires: The Richest African Americans in 2019 - Black Enterprise

I know how many blacks are millionaires and billionaires and that number is 36,000 out of 47.6 million. The ignorant defense of Oprah and Michael Jordan is not what I am going to listen to. Blacks have always worked hard and I certainly won't be listening to lectures from a person that married into mobility. From the ages of 28 - 52, I helped build and develop 3 organizations. Almost 7 years ago, I retired at 52 and now work on personal projects on my time. I know what hard work is and I know what America has. And what it has is about 1/5 of it's population running their mouths off trying to tell others that the America they experience doesn't exist. But it does and as we enter the 3rd decade of the 21st century, it's time those like you stopped lying to yourselves.

In order to reach true equality in a capitalist system all must have equal control of capital, especially in our own communities. Blacks have an economy of 1.3 trillion dollars. According to the U.S. Census Bureau, there are 2.6 million Black-owned business in the United States, compared to 22.6 million white-owned businesses. Blacks/African Americans, who make up more than 13% of the U.S. population, only own about 7% of all the businesses in the country, and generate only about 0.5% of total receipts. Out of those 2.6 million businesses, 95 percent were sole proprietorships with no hired employees. 109,000 of these businesses were able to hire employees. Those businesses hired over 975,000 people.

It is apparent that such numbers need to increase. While much is made about foreign trade deficits, Americans face internal trade deficits of our own making.

Racists are very good at instructing everyone as to the percentage of blacks in the population. And they reach hard to extrapolate exaggerated numbers about crime, often conflating murder with total crime. But somehow and really it's done on purpose because we are dealing with racists, are other important statistical data is not discussed.

Blacks are 13 percent of the American population but have 2.6 percent of the wealth. This did not happen because of laziness. Indeed, the historical records shows that blacks have consistently worked as hard or harder than whites and for far less money, including over 230 years for free. Equality in a capitalist system means we have 13 percent of the wealth. We have 1/5 the wealth we should have in proportion to our population.

Again, let me break down what white racism has done to this nation. While certain whites gloat about how successful they have been as a race and lecture others about how they have failed, facts they have created the problems being complained about today. If not for racism everyone would be better off economically, fewer people would be on the public dime, tax revenues would increase at every level, we’d have a smaller deficit, or possibly no national deficit or debt. Crime would be reduced dramatically, unemployment very well would be less than 1 percent. More than likely the increased tax revenue could help provide free education and health care to all American citizens. After reading study after study shoes us that virtually every economic problem we have stems from the racism that has denied people of color opportunity.

Mr. IM2, you have anger. I can't do anything about it. I have a neighbor next door, and if he asked for something reasonable, I would furnish it. But he doesn't have any expectations of me, nor I of him. Everybody's neighbors, but if we expect something different because one is white skinned and one is of color, we're working against something called brotherhood, because not paying attention to skin color and believing we are neighbors makes us able to be friends.

But you can't be friends with an angry hothead, nor can you be of any use to one, nor should you be. If I had a friend as angry as you, I'd try to get them to seek a special person known as a psychologist (not a psychiatrist). A psychologist is one who works with people to change anger into a neutral force so that the person can interact without anger among his fellow citizens, whether they are male or female, black or white, protestant or Jew or Muslim or Mormon or Baptist or any other religious affiliation.

I'm not a psychologist, but surely rather than living you entire life out in a rage against everybody else, you could do yourself a favor and request a psychologist run you through his program to help you see life events from perspectives of those you feel such annoyance and anger at you trade ugly words with them as a habit that it's up to you to keep or to break as your chosen lifestyle.

I wish you well on your communications so that you will someday feel not so angry you must make mountains out of what others consider to be molehills. You'll be a lot happier when you see an antbed as a molehill without making them mad or they'll bite. Nothing but good wishes, sir. And bon voyage. Happy trails.

If I am angry, I have right to be. I am not a psychiatrist, but the crap you post here shows that you are unbalanced. We are to pretend racism is a part of the past even as we see it happening now. And we are not supposed to be angry about it's continuance , while whites can make things up to be mad about and everybody is supposed to be mad. You're a loony tune. Racism is Mount Everest it, is not a molehill. Turn black and live, then come try lecturing me with your lunacy.

If being Black means I am going to be miserable, paranoid, and up to my neck in self pity, I'll pass.

Being black has nothing to do with those things. We aren't the ones crying about a discrimination that's not happening. Whites like you are.

Such irony! You claim whites don't know blacks. You sure as hell know nothing about whites or what any white experiences.

 

[MisterBeale]

My question is why can’t IM2 stop talking about race?

I guess he can't let go.

My neighbors who are black people, they have good jobs and own their houses, have good cars and go a week or two for vacations each year. They never talk about race, they didn't make their lives miserable wasting their time thinking about race.

At this point, even many illegal immigrants are capable to succeed and make good income and even business. While I have witnessed as well that people who think about the past they can't progress because they can't concentrate in their future.

When the OP can't respond that today race is not an issue, then he transforms himself from hysterical to historical, and he starts mentioning the crude treatment against his ancestors in the past.

Today's people are not guilty of what their ancestors did or didn't do.

And race is not an issue for people who want to live and progress in today's society.

The OP has an agenda which is not working anymore. Society has changed a lot, and you can notice in the news that people who suffers consequences because "the color of their skin" are mostly low income people, who can't progress because they claim society owes them, I don't have any idea what society owes to them, but such is their claim.

Perhaps that is the reason they refuse to work waiting for a check coming for free, and the check never arrives and they keep living in poverty generation after generation? If this is what is happening, then my neighbors who are black are the smarten between black people, because they don't wait for the free check... they work for earn it instead.

The only agenda that's not working is yours. And it's because the facts don't support the lie you tell yourself. Anecdotes about that 1 black family or that 1 black you know at work doesn't change the facts.

White Americans’ Hold on Wealth Is Old, Deep, and Nearly Unshakeable
Brentin Mock
September 3, 2019

White families quickly recuperated financial losses after the Civil War, and then created a Jim Crow credit system to bring more white families into money.

It will end up costing the U.S. economy as much as $1 trillion between now and 2028 for the nation to maintain its longstanding black-white racial wealth gap, according to a report released this month from the global consultancy firm McKinsey & Company. That will be roughly 4 percent of the United States GDP in 2028—just the conservative view, assuming that the wealth growth rates of African Americans will outpace white wealth growth at its current clip of 3 percent to .8 percent annually, said McKinsey. If the gap widens, however, with white wealth growing at a faster rate than black wealth instead, it could end up costing the U.S. $1.5 trillion or 6 percent of GDP according to the firm.

[Want more stories like this one? Sign up for the CityLab Daily newsletter.]

“Despite the progress black families have made in civic and economic life since the passage of the Civil Rights Act of 1964, they face systemic and cumulative barriers on the road to wealth building due to discrimination, poverty, and a shortage of social connections,” reads the report, “as both mechanisms and results of racial economic inequity.”

Crucial to understanding how to close that gap—such that it can actually be closed—is grappling with how it was created in the first place. The McKinsey report identifies four components that perpetuate this gap—family wealth, family income, family savings, and community context (a community’s collective public and private assets). Black families have not been able to build wealth due to “unmet needs and obstacles” across these four dimensions.

That’s the deficit-lens on the problem as it pertains to black families. But it’s worth looking at how each of those components also played a huge role in boosting white families’ financial standing to begin with. The wealth, income, and savings that white families accumulated during slavery supplied the economic thew that catapulted them into elite affluent status during the country’s first two centuries of existence. But it was community context and creative credit machinations that helped white families maintain that status over the ensuing two centuries, putting into doubt whether a closure of the black-white racial wealth gap is even possible given these deeply entrenched advantages.
The Amazing Resiliency of White Wealth - CityLab

See. . . this is how dumb you are, you have no clue how to deconstruct propaganda.

You don't understand, that all this wealth? it is primarily owned by just a few hundred families. And these families? Are mostly liberal. . . THEY WANT YOU TO KNOW, and to believe it is because of racism.

They want socialism, b/c these families have been in control for nearly a century, and socialism would keep their dynasties in control. . . forever.

There are two types of money, the new rich, and the old rich.

Here, watch this video;



Now, the "one percent," or the folks at the top? If there is so few, how come this video just didn't go ahead and NAME THEM? I will tell you why, b/c their agenda is JUST LIKE YOURS. . .SOCIALISM. It wants to keep those who are in power, IN POWER FOREVER. It wants to divide the middle class and the poor, or the upper-middle class, and prevent anyone from ever having a chance to became part of the ruling class.

There is no way that article has any proof that closing the wealth gap would boost the GDP. All of the wealth comes primarily from old and new money, and these cock suckers, (all on the extreme left, mind you, all brainwashing you with the same bullshit,) do nothing for you.

I will tell you, and GIVE you their names, since the video REFUSED to do it for you.

Instead of blaming all the poor and middle class whites for the "Amazing Resiliency of White Wealth" Blame it on all these old rich white folks that tell you to blame numerous poor white that started out just as poor as you. (I'll give you a hint, Anderson Cooper in among those families, in fact, his family is in the Top 10.)

America's 60 Families
America's 60 Families
"LISTS

Dynasties listed below were included in America's 60 Families, Ferdinand Lundberg's 1937 expose on the super-rich. Lundberg used tax records to uncover the often impenetrable financial and political machinations of the 60 Families, effectively publishing a directory of names and occupations of family scions as well as estimates of their fortunes.

"The United States is owned and dominated today by a hierarchy of its sixty richest families, buttressed by no more than ninety families of lesser wealth... These families are the living center of the modern industrial oligarchy which dominates the United States, functioning discreetly under a de jure democratic form of government behind which a de facto government, absolutist and plutocratic in its lineaments, has gradually taken form since the Civil War. This de facto government is actually the government of the United States -- informal, invisible, shadowy. It is the government of money in a dollar democracy." Families are listed in ranked order (according to 1924 tax records) with their primary sources of wealth.. . . "
lists. .

And, onto the NEW WEALTH. These are the folks brainwashing your ass in silicon valley and on your TEE VEE, and in your press. They want total control of your life.

The Forbes 400: The Definitive Ranking Of The Wealthiest Americans
The Forbes 400 2019

Poor and middle class white American have no, "Wealth Resiliency." This is bullshit propaganda. I can't believe you are this dumb. The wealth gap affects all poor and middle class equally. The only thing your data is showing is that a few hundred families that own everything happen to be primarily white. And then they refuse to name them, because they have an agenda. . . that agenda is complete government control of everything and everyone.

And the folks that would control everything and everyone? Would be those same families. Is that what you really want? A return to slavery huh?

The 1% is a white guy, and he is who you are getting your info from. Think about it.

 

[bigrebnc1775]

My question is why can’t IM2 stop talking about race?

I guess he can't let go.

My neighbors who are black people, they have good jobs and own their houses, have good cars and go a week or two for vacations each year. They never talk about race, they didn't make their lives miserable wasting their time thinking about race.

At this point, even many illegal immigrants are capable to succeed and make good income and even business. While I have witnessed as well that people who think about the past they can't progress because they can't concentrate in their future.

When the OP can't respond that today race is not an issue, then he transforms himself from hysterical to historical, and he starts mentioning the crude treatment against his ancestors in the past.

Today's people are not guilty of what their ancestors did or didn't do.

And race is not an issue for people who want to live and progress in today's society.

The OP has an agenda which is not working anymore. Society has changed a lot, and you can notice in the news that people who suffers consequences because "the color of their skin" are mostly low income people, who can't progress because they claim society owes them, I don't have any idea what society owes to them, but such is their claim.

Perhaps that is the reason they refuse to work waiting for a check coming for free, and the check never arrives and they keep living in poverty generation after generation? If this is what is happening, then my neighbors who are black are the smarten between black people, because they don't wait for the free check... they work for earn it instead.

The only agenda that's not working is yours. And it's because the facts don't support the lie you tell yourself. Anecdotes about that 1 black family or that 1 black you know at work doesn't change the facts.

White Americans’ Hold on Wealth Is Old, Deep, and Nearly Unshakeable
Brentin Mock
September 3, 2019

White families quickly recuperated financial losses after the Civil War, and then created a Jim Crow credit system to bring more white families into money.

It will end up costing the U.S. economy as much as $1 trillion between now and 2028 for the nation to maintain its longstanding black-white racial wealth gap, according to a report released this month from the global consultancy firm McKinsey & Company. That will be roughly 4 percent of the United States GDP in 2028—just the conservative view, assuming that the wealth growth rates of African Americans will outpace white wealth growth at its current clip of 3 percent to .8 percent annually, said McKinsey. If the gap widens, however, with white wealth growing at a faster rate than black wealth instead, it could end up costing the U.S. $1.5 trillion or 6 percent of GDP according to the firm.

[Want more stories like this one? Sign up for the CityLab Daily newsletter.]

“Despite the progress black families have made in civic and economic life since the passage of the Civil Rights Act of 1964, they face systemic and cumulative barriers on the road to wealth building due to discrimination, poverty, and a shortage of social connections,” reads the report, “as both mechanisms and results of racial economic inequity.”

Crucial to understanding how to close that gap—such that it can actually be closed—is grappling with how it was created in the first place. The McKinsey report identifies four components that perpetuate this gap—family wealth, family income, family savings, and community context (a community’s collective public and private assets). Black families have not been able to build wealth due to “unmet needs and obstacles” across these four dimensions.

That’s the deficit-lens on the problem as it pertains to black families. But it’s worth looking at how each of those components also played a huge role in boosting white families’ financial standing to begin with. The wealth, income, and savings that white families accumulated during slavery supplied the economic thew that catapulted them into elite affluent status during the country’s first two centuries of existence. But it was community context and creative credit machinations that helped white families maintain that status over the ensuing two centuries, putting into doubt whether a closure of the black-white racial wealth gap is even possible given these deeply entrenched advantages.
The Amazing Resiliency of White Wealth - CityLab

See. . . this is how dumb you are, you have no clue how to deconstruct propaganda.

You don't understand, that all this wealth? it is primarily owned by just a few hundred families. And these families? Are mostly liberal. . . THEY WANT YOU TO KNOW, and to believe it is because of racism.

They want socialism, b/c these families have been in control for nearly a century, and socialism would keep their dynasties in control. . . forever.

There are two types of money, the new rich, and the old rich.

Here, watch this video;



Now, the "one percent," or the folks at the top? If there is so few, how come this video just didn't go ahead and NAME THEM? I will tell you why, b/c their agenda is JUST LIKE YOURS. . .SOCIALISM. It wants to keep those who are in power, IN POWER FOREVER. It wants to divide the middle class and the poor, or the upper-middle class, and prevent anyone from ever having a chance to became part of the ruling class.

There is no way that article has any proof that closing the wealth gap would boost the GDP. All of the wealth comes primarily from old and new money, and these cock suckers, (all on the extreme left, mind you, all brainwashing you with the same bullshit,) do nothing for you.

I will tell you, and GIVE you their names, since the video REFUSED to do it for you.

Instead of blaming all the poor and middle class whites for the "Amazing Resiliency of White Wealth" Blame it on all these old rich white folks that tell you to blame numerous poor white that started out just as poor as you. (I'll give you a hint, Anderson Cooper in among those families, in fact, his family is in the Top 10.)

America's 60 Families
America's 60 Families
"LISTS

Dynasties listed below were included in America's 60 Families, Ferdinand Lundberg's 1937 expose on the super-rich. Lundberg used tax records to uncover the often impenetrable financial and political machinations of the 60 Families, effectively publishing a directory of names and occupations of family scions as well as estimates of their fortunes.

"The United States is owned and dominated today by a hierarchy of its sixty richest families, buttressed by no more than ninety families of lesser wealth... These families are the living center of the modern industrial oligarchy which dominates the United States, functioning discreetly under a de jure democratic form of government behind which a de facto government, absolutist and plutocratic in its lineaments, has gradually taken form since the Civil War. This de facto government is actually the government of the United States -- informal, invisible, shadowy. It is the government of money in a dollar democracy." Families are listed in ranked order (according to 1924 tax records) with their primary sources of wealth.. . . "
lists. .

And, onto the NEW WEALTH. These are the folks brainwashing your ass in silicon valley and on your TEE VEE, and in your press. They want total control of your life.

The Forbes 400: The Definitive Ranking Of The Wealthiest Americans
The Forbes 400 2019

Poor and middle class white American have no, "Wealth Resiliency." This is bullshit propaganda. I can't believe you are this dumb. The wealth gap affects all poor and middle class equally. The only thing your data is showing is that a few hundred families that own everything happen to be primarily white. And then they refuse to name them, because they have an agenda. . . that agenda is complete government control of everything and everyone.

And the folks that would control everything and everyone? Would be those same families. Is that what you really want? A return to slavery huh?

He says there is no democrat Plantation I laugh Google democrat plantation and you get a ton of sources
When black Americans’ ancestors were enslaved in pre-Civil War America, they were compelled to live lives shaped by their masters. Uniformity was required, and disobedience was punished. As a result of this ongoing powerlessness, slaves developed what has been described as a “plantation mentality.”

So what’s changed? For an overwhelming majority of black Americans, nothing much. They still embrace a plantation mentality, but they’ve changed “masters:” from slave-owners to the Democratic Party.

Perhaps blind loyalty to a political party they perceive as their “protectors” is an inevitable consequence of black Americans’ unique history. That such loyalty is to a Democrat party whoseown history is a tattered tale of segregation and racism is mind-boggling.

How many black Americans know Martin Luther King’s battle to desegregate the South had him fighting Democrats, such as Georgia Gov. Lester Maddox, who refused to serve blacks in his restaurant in defiance of the 1964 Civil rights Act; Alabama Gov. George Wallace, who ended his 1962 gubernatorial victory speech with the phrase, “segregation now, segregation tomorrow, segregation forever;” or Alabama Public Safety Commissioner Eugene “Bull” Connor, who prevented integration using attack dogs and fire hoses against protesters?

How many black Americans know the Republican Party was formed in 1854 as the anti-slavery party—even as Democrats founded the Ku Klux Klan in 1866? How many know President John Fitzgerald Kennedy, (who voted against the Civil Rights Act of 1957) along with his brother Atty. Gen. Robert Kennedy, had Martin Luther King wire-tapped by the FBI in the hope they could prove he was a Communist?
The Democrat Plantation

 

[AveryJarhman]

He CERTAINLY doesn't to talk about black crime, or black men knocking up women and then abandoning them.

Hello, ChemEngineer. Do you have evidence tending to support your claim about men abandoning women?

Do you respect apparent emotionally troubled females intentionally creating life with MULTIPLE teen boys or men who just want to GET LAID, and have NO INTEREST in creating families?

"Lamenting Multiple Baby Daddies" ~Jazzyslim2005

3m:42s

Originally published by ~jazzyslim2005:

"On the Couch #4: Black Women Ain't Sh.."

ht tps://www.youtube.com/watch?v=jt4lnbqKwCs/ 21m:31s

Child Abusing #PROBLACK Women Are Destroying The #BlackCommunity:

ht tps://www.youtube.com/watch?v=gXdg7gNzlok/

Become enlightened, YouTube search terms: "mental health illness black community"

Peace.

 

[AveryJarhman]

Op asks, Why White People Don’t Like to Talk About Race?

Perhaps for the same reasons Americans of ALL backgrounds decline to address our Nation's potentially life scarring Culture of GENERATIONAL Child Abuse that many Pres. and Mrs. Obama friends describe in their gun violence, FEMALE denigrating music art?

Or, perhaps Caucasian and non black citizens refuse to discuss racial issues with a large population of HATEFUL citizens having no interest in INTEGRATING into main stream society?

"Black women are destroying themselves & black men"

Click here: Recognize Prevent Child Abuse

Peace.

 

[gipper]

My question is why can’t IM2 stop talking about race?

I guess he can't let go.

My neighbors who are black people, they have good jobs and own their houses, have good cars and go a week or two for vacations each year. They never talk about race, they didn't make their lives miserable wasting their time thinking about race.

At this point, even many illegal immigrants are capable to succeed and make good income and even business. While I have witnessed as well that people who think about the past they can't progress because they can't concentrate in their future.

When the OP can't respond that today race is not an issue, then he transforms himself from hysterical to historical, and he starts mentioning the crude treatment against his ancestors in the past.

Today's people are not guilty of what their ancestors did or didn't do.

And race is not an issue for people who want to live and progress in today's society.

The OP has an agenda which is not working anymore. Society has changed a lot, and you can notice in the news that people who suffers consequences because "the color of their skin" are mostly low income people, who can't progress because they claim society owes them, I don't have any idea what society owes to them, but such is their claim.

Perhaps that is the reason they refuse to work waiting for a check coming for free, and the check never arrives and they keep living in poverty generation after generation? If this is what is happening, then my neighbors who are black are the smarten between black people, because they don't wait for the free check... they work for earn it instead.

The only agenda that's not working is yours. And it's because the facts don't support the lie you tell yourself. Anecdotes about that 1 black family or that 1 black you know at work doesn't change the facts.

White Americans’ Hold on Wealth Is Old, Deep, and Nearly Unshakeable
Brentin Mock
September 3, 2019

White families quickly recuperated financial losses after the Civil War, and then created a Jim Crow credit system to bring more white families into money.

It will end up costing the U.S. economy as much as $1 trillion between now and 2028 for the nation to maintain its longstanding black-white racial wealth gap, according to a report released this month from the global consultancy firm McKinsey & Company. That will be roughly 4 percent of the United States GDP in 2028—just the conservative view, assuming that the wealth growth rates of African Americans will outpace white wealth growth at its current clip of 3 percent to .8 percent annually, said McKinsey. If the gap widens, however, with white wealth growing at a faster rate than black wealth instead, it could end up costing the U.S. $1.5 trillion or 6 percent of GDP according to the firm.

[Want more stories like this one? Sign up for the CityLab Daily newsletter.]

“Despite the progress black families have made in civic and economic life since the passage of the Civil Rights Act of 1964, they face systemic and cumulative barriers on the road to wealth building due to discrimination, poverty, and a shortage of social connections,” reads the report, “as both mechanisms and results of racial economic inequity.”

Crucial to understanding how to close that gap—such that it can actually be closed—is grappling with how it was created in the first place. The McKinsey report identifies four components that perpetuate this gap—family wealth, family income, family savings, and community context (a community’s collective public and private assets). Black families have not been able to build wealth due to “unmet needs and obstacles” across these four dimensions.

That’s the deficit-lens on the problem as it pertains to black families. But it’s worth looking at how each of those components also played a huge role in boosting white families’ financial standing to begin with. The wealth, income, and savings that white families accumulated during slavery supplied the economic thew that catapulted them into elite affluent status during the country’s first two centuries of existence. But it was community context and creative credit machinations that helped white families maintain that status over the ensuing two centuries, putting into doubt whether a closure of the black-white racial wealth gap is even possible given these deeply entrenched advantages.
The Amazing Resiliency of White Wealth - CityLab

See. . . this is how dumb you are, you have no clue how to deconstruct propaganda.

You don't understand, that all this wealth? it is primarily owned by just a few hundred families. And these families? Are mostly liberal. . . THEY WANT YOU TO KNOW, and to believe it is because of racism.

They want socialism, b/c these families have been in control for nearly a century, and socialism would keep their dynasties in control. . . forever.

There are two types of money, the new rich, and the old rich.

Here, watch this video;



Now, the "one percent," or the folks at the top? If there is so few, how come this video just didn't go ahead and NAME THEM? I will tell you why, b/c their agenda is JUST LIKE YOURS. . .SOCIALISM. It wants to keep those who are in power, IN POWER FOREVER. It wants to divide the middle class and the poor, or the upper-middle class, and prevent anyone from ever having a chance to became part of the ruling class.

There is no way that article has any proof that closing the wealth gap would boost the GDP. All of the wealth comes primarily from old and new money, and these cock suckers, (all on the extreme left, mind you, all brainwashing you with the same bullshit,) do nothing for you.

I will tell you, and GIVE you their names, since the video REFUSED to do it for you.

Instead of blaming all the poor and middle class whites for the "Amazing Resiliency of White Wealth" Blame it on all these old rich white folks that tell you to blame numerous poor white that started out just as poor as you. (I'll give you a hint, Anderson Cooper in among those families, in fact, his family is in the Top 10.)

America's 60 Families
America's 60 Families
"LISTS

Dynasties listed below were included in America's 60 Families, Ferdinand Lundberg's 1937 expose on the super-rich. Lundberg used tax records to uncover the often impenetrable financial and political machinations of the 60 Families, effectively publishing a directory of names and occupations of family scions as well as estimates of their fortunes.

"The United States is owned and dominated today by a hierarchy of its sixty richest families, buttressed by no more than ninety families of lesser wealth... These families are the living center of the modern industrial oligarchy which dominates the United States, functioning discreetly under a de jure democratic form of government behind which a de facto government, absolutist and plutocratic in its lineaments, has gradually taken form since the Civil War. This de facto government is actually the government of the United States -- informal, invisible, shadowy. It is the government of money in a dollar democracy." Families are listed in ranked order (according to 1924 tax records) with their primary sources of wealth.. . . "
lists. .

And, onto the NEW WEALTH. These are the folks brainwashing your ass in silicon valley and on your TEE VEE, and in your press. They want total control of your life.

The Forbes 400: The Definitive Ranking Of The Wealthiest Americans
The Forbes 400 2019

Poor and middle class white American have no, "Wealth Resiliency." This is bullshit propaganda. I can't believe you are this dumb. The wealth gap affects all poor and middle class equally. The only thing your data is showing is that a few hundred families that own everything happen to be primarily white. And then they refuse to name them, because they have an agenda. . . that agenda is complete government control of everything and everyone.

And the folks that would control everything and everyone? Would be those same families. Is that what you really want? A return to slavery huh?

Great post.

It is most ironic that the very same people he listens to, votes for, and admires will enslave him, just as they will enslave us all.

 

[buttercup]

USMB is a fine example of this.

Why White People Don’t Like to Talk About Race
March 26, 2015 by Barnabas Piper

Most white people want no part of the conversation about race. We don’t want it with our baristas, our neighbors, our spouses, or anyone really. We don’t quite know what do each February during Black History Month. For most white people that’s Martin Luther King Jr. awareness month with a nod to Harriet Tubman and not much sense of any other aspect of black history or culture. The ongoing tensions surrounding the deaths of Michael Brown, Eric Garner, Tamir Rice, Alton Sterling, Philando Castile, and so many other incidents are more than most of us know what to do with (if we want anything to do with them at all).

Most of us grew up unaffected by the racial divide, or at least unaware of how it affected us. Now, though, the divide has been brought to us and we’re at a loss. We don’t want that conversation. We’re uncomfortable with it. Our responses tend to fall into two main groups.

Group 1: Don’t want to talk about race

This first group contains the bigots and racists. They don’t want to talk about race (or maybe they do for all the wrong reasons) because they want to be the only race. This bunch deserves a whole lot of ink, most of it not very pleasant, and none of it here. They are despicable products of unfortunate upbringings.

The majority of this group, though, is not outright bigoted. Instead they are outright ignorant and therefore subtly prejudiced. They are unexposed to minority cultures (not just black, but all non-white cultures) and unaware of the complexities, difficulties, and hurts there. Really most of white America is part of, or has been part of, this group. They are the comfortable majority, and thus they determine the status quo. Life is good, so why rock the boat? It’s not that they don’t “care” about the needs of others — you won’t find a more cause-oriented bunch of advocates than young, privileged white people — but those needs never really intersect with their lives at a personal and relational level. And they’re happy to keep it that way because any other way is uncomfortable and intimidating. It’s a passive aggressive approach to racial separation, and one most don’t even realize they’re participating in. Their ignorance is blindness they mistake for bliss.

Group 2: Don’t know how to talk about race

Why White People Don't Like to Talk About Race

Most here are not the blissfully ignorant. You are racists. Blacks here have been called all kinds of racist names and all kinds of overtly racist opinion has been spoken. Blissful ignorance is not why a thread about black names has been created at least 2 times sine I've actively started participating here. The same goes for other things.

Now watch the racism you will see from people who are going to complain. They never complain when a thread by a white person denigrating blacks is posted. Only when a thread about whites is made do they suddenly become colorblind.

I'm fine with talking about race or race-related issues. It's been a while, but I have posted my thoughts on the problem of racism. IIRC, you were not very receptive to the things I said...and that's fine, but when it comes to discussing race (or any topic, for that matter) it really is difficult to have a fruitful discussion with someone who has a lot of anger, stubbornness and seems to just want to fight, rather than have a genuine, good-willed discussion.

That's why I don't usually participate in the race threads, because it's more like a hateful war, rather than a place where there's even the slightest bit of willingness to find common ground or to try to come to any resolution.

 

[AveryJarhman]

I'm fine with talking about race or race-related issues. It's been a while, but I have posted my thoughts on the problem of racism. IIRC, you were not very receptive to the things I said...and that's fine, but when it comes to discussing race (or any topic, for that matter) it really is difficult to have a fruitful discussion with someone who has a lot of anger, stubbornness and seems to just want to fight, rather than have a genuine, good-willed discussion.

Frankly, my good friend IM2, who no longer communicates with me, reminds me of the type of person this concerned citizen speaks about:

"I have a question for black females, when is the last time you sat down, admitted you were wrong, and closed your mouth?" ~Concerned Citizen

"Black women are destroying themselves & black men"

Click Here: Recognize Prevent Child Abuse

Peace.

 

[basquebromance]

white Southern Baptist churches didnt even want black people to step inside their buildings. yet within these very institutions, people were being taught that Jesus says to love thy neighbor. how could that be, my friends?