Is Group Economics Enough?

[No_bammer_weed]

No. The average black household has roughly 5k in overall wealth. What will "group economics" do when there is so little capital among black households to share and spread? The obvious answer is some sort of public policy geared towards the economic stimulation of black communities.

When whites were financially devastated post-great depression, the govt. stepped in and created policies designed to economically stimulate those affected (WPA jobs, FHA w/ cheap home loans w/ low interest rates, etc). When the airline industry was devastated post 911 the govt. stepped in. When the banks collapsed the govt. stepped in and bailed them out. When GM collapsed the govt. stepped in and bailed them out....When jews were economically and psychologically destroyed by the holocause the govt. stepped in and provided reparations to rebuild their standing. These industries and communities werent told to "practice group economics", they were helped financially.

Blacks were crushed by the '08 financial meltdown.....there should have been a response of infusing capital into beleaguered communities, overhauling the educational system so that inner cities schools can compete with suburban ones in quality, and creating economic incentives that would make it attractive for businesses to invest and make jobs available. Actually this should have been done a long time ago, but Reagan slashed the spending budgets for inner city communities and the lack of investment in black inner cities has held firm since.

Here's what Im talking about. The city of chicago started a jobs program, and crime plummeted. All this group economics talk is putting the cart before the horse. These communities need jobs and opportunity.

http://www.washingtonpost.com/blogs...ap-way-to-curb-crime-give-teens-a-summer-job/

 

[AITheAnswerAI]

no, it wont solve all our problems. infact, an economically prosperous black community will threaten cacs and start an entirely different battle.

Yeah white people's biggest fear is black empowerment. They have an innate fear of black people turning the tables on them and attaining vengeance.

That's why all this tea party bullshyt came about when Obama was elected, because they wrongly thought Obama meant more power to black people. Hence why the tea party is filled with dumb rednecks, they really don't understand things fully.

Group economics is extremely important for us, however we still need some more nikkas like Chris Dorner. White people will go ape shyt against black people if they feel like their privileged and supremacy is ending.

Be prepared for people to target you as you achieve success.

 

[Tilesp4p]

No. The average black household has roughly 5k in overall wealth. What will "group economics" do when there is so little capital among black households to share and spread? The obvious answer is some sort of public policy geared towards the economic stimulation of black communities.

When whites were financially devastated post-great depression, the govt. stepped in and created policies designed to economically stimulate those affected (WPA jobs, FHA w/ cheap home loans w/ low interest rates, etc). When the airline industry was devastated post 911 the govt. stepped in. When the banks collapsed the govt. stepped in and bailed them out. When GM collapsed the govt. stepped in and bailed them out....When jews were economically and psychologically destroyed the govt. stepped in and provided reparations to rebuild their standing. These industries and communities werent told to "practice group economics", they were helped.

Blacks were crushed the '08 financial meltdown.....there should have been a response of infusing capital into beleaguered communities, overhauling the educational system so that inner cities schools can compete with suburban ones in quality, and creating economic incentives that would make it attractive for businesses to invest and make jobs available. Actually this should have been done a long time ago, but Reagan slashed the spending budgets for inner city communities and the lack of investment in black inner cities has held firm since.

Here's what Im talking about. The city of chicago started a jobs program, and crime plummeted. All this group economics talk is putting the cart before the horse. These communities need jobs and opportunity.

http://www.washingtonpost.com/blogs...ap-way-to-curb-crime-give-teens-a-summer-job/

Thats a great point, everybody in this country at some point seemed to have got a helping hand except for us. But the only problem is how do we get that type of stimulus/ bail out with no one in political power on our side.

 

[William F. Russell]

If that's true does that really matter

Most people are just getting a liberal arts or business degree and getting some job in an office or going to law school

Maybe if you're looking at getting a science PhD you might not wanna be at some place with subpar undergraduate rigor, besides that who cares

No. Even for liberal arts/business degrees, HBCUs generally offer subpar education.

 

[William F. Russell]

The words in bold are not absolute. The quality of the education is more or less the same wherever you go; just the professors, their reputation and the reputation of the school is what matters. HBCUs lack those. The administrative part is true though.

No. HBCUs have lesser university endowments, smaller alumni networks, smaller population of qualified, reputable professors, fewer academic resources, and sloppier administrations. It's just the truth.

 

[Poitier]

You aren't getting "an economic stimulus" from the government.

We need access to business loans and credit at a very low rate.

 

[Zach Lowe]

No. Even for liberal arts/business degrees, HBCUs generally offer subpar education.

I'm saying who gives a shyt if someone's poli sci education is subpar, how does that affect anything in life

 

[William F. Russell]

I'm saying who gives a shyt if someone's poli sci education is subpar, how does that affect anything in life

Because people will always judge an individual's degree based on the reputation of that person's undergraduate institution.

 

[William F. Russell]

Thats a great point, everybody in this country at some point seemed to have got a helping hand except for us. But the only problem is how do we get that type of stimulus/ bail out with no one in political power on our side.

But y'all would be against reparations, though.

 

[cylde21]

Thats a great point, everybody in this country at some point seemed to have got a helping hand except for us. But the only problem is how do we get that type of stimulus/ bail out with no one in political power on our side.

HATE POSTING YOUTUBE COMMENTS BUT THIS MIGHT BE USEFUL

HOW THE US GOVERNMENT HELPED TO CREATE WHITE WEALTH AT THE EXPENSE OF OTHERS. INFORMATION THEY DON'T WANT YOU TO KNOW

Here are 11 ways federal government giveaways gave an economic head start to white people while excluding people of color.

1. Free land

White Revolutionary War veterans were given nine million acres of Indian land.

2. Legalized squatting

In 1841, the U.S. government legalized squatting, allowing white settlers to take over Native American land.

3. Military-enforced squatting

The U.S. Government helped enforce squatting by employing the U.S. Army out west to beat back Native Americans from land coveted by white settlers.

4. More free land

In addition to conquering half of Mexico, the U.S. Government reclaimed Latino landowners’ land for minor infractions such as missing paperwork or back taxes, and then sold it to Anglo settlers at a minor cost.

5. Even more free land

The Homestead Act of 1862 provided free or very inexpensive land was provided by the government to 1.5 million white families.

6. Revoked promises to slaves

Following the Civil War, freed slaves were promised ‘40 acres and a mule.’ Following Lincoln's death, this promise was revoked and land was returned to its previous White owners.

7. Preferential treatment of white workers

Through the New Deal, the U.S. Government provided minimum wages, union rights, and social security to industrial workers, almost all of whom were white. These same benefits, however, were denied to agricultural and domestic workers, most of whom were people of color.

8. Government-sponsored aid

Government-sponsored aid was provided to struggling white farmers while denying it to most black farmers from the 1930’s right through the 1980s.

9. GI Bill benefits

Provided free college education, vocational training, and cheap mortgages to nearly two million white WWII vets via the GI Bill, while simultaneously blocking most veterans of color from accessing the same benefits.

10. Neighborhood investment through homeownership

Invested in infrastructure to expand suburban neighborhoods where white households were able to access government-subsidized mortgages while urban, inner-city neighborhoods were red-lined.

11. Tax breaks

Tax breaks on investment income (such as dividends, capital gains and inheritances), which are disproportionately owned by wealthy white people, have been cut and lowered much more than taxes on income from work.

“The foundation of American White supremacy sits tenuously on a rickety base of lies and deceptions about how Whites gained their wealth and status. A century and a half after slavery the median wealth of White families is $100,000; for Black families, it's $25,000. The belief that Whites achieved this 20-1 wealth advantage by HARD WORK is an absurd and a historical fantasy.”

Nonetheless, the airwaves are filled with the self-righteous pronouncements of Caucasian commentators anxious to “advise” Blacks to “work hard” and to “pull themselves up by their bootstraps” if they want to succeed in America. Not only do they seek to invent a fraudulent fairy tale that whitewashes a very bloody legacy, but they also aim to reaffirm the notion that “non-Whites” are naturally inferior and lazy and are thus responsible for having comparatively nothing. The truth is a whole lot nastier than that.

White folks have been receiving massive welfare or government aid since the very beginning of America.

this is a comment from truthtella360 on worldstar

 

[Zach Lowe]

Because people will always judge an individual's degree based on the reputation of that person's undergraduate institution.

 

[Tilesp4p]

HATE POSTING YOUTUBE COMMENTS BUT THIS MIGHT BE USEFUL

HOW THE US GOVERNMENT HELPED TO CREATE WHITE WEALTH AT THE EXPENSE OF OTHERS. INFORMATION THEY DON'T WANT YOU TO KNOW

Here are 11 ways federal government giveaways gave an economic head start to white people while excluding people of color.

1. Free land

White Revolutionary War veterans were given nine million acres of Indian land.

2. Legalized squatting

In 1841, the U.S. government legalized squatting, allowing white settlers to take over Native American land.

3. Military-enforced squatting

The U.S. Government helped enforce squatting by employing the U.S. Army out west to beat back Native Americans from land coveted by white settlers.

4. More free land

In addition to conquering half of Mexico, the U.S. Government reclaimed Latino landowners’ land for minor infractions such as missing paperwork or back taxes, and then sold it to Anglo settlers at a minor cost.

5. Even more free land

The Homestead Act of 1862 provided free or very inexpensive land was provided by the government to 1.5 million white families.

6. Revoked promises to slaves

Following the Civil War, freed slaves were promised ‘40 acres and a mule.’ Following Lincoln's death, this promise was revoked and land was returned to its previous White owners.

7. Preferential treatment of white workers

Through the New Deal, the U.S. Government provided minimum wages, union rights, and social security to industrial workers, almost all of whom were white. These same benefits, however, were denied to agricultural and domestic workers, most of whom were people of color.

8. Government-sponsored aid

Government-sponsored aid was provided to struggling white farmers while denying it to most black farmers from the 1930’s right through the 1980s.

9. GI Bill benefits

Provided free college education, vocational training, and cheap mortgages to nearly two million white WWII vets via the GI Bill, while simultaneously blocking most veterans of color from accessing the same benefits.

10. Neighborhood investment through homeownership

Invested in infrastructure to expand suburban neighborhoods where white households were able to access government-subsidized mortgages while urban, inner-city neighborhoods were red-lined.

11. Tax breaks

Tax breaks on investment income (such as dividends, capital gains and inheritances), which are disproportionately owned by wealthy white people, have been cut and lowered much more than taxes on income from work.

“The foundation of American White supremacy sits tenuously on a rickety base of lies and deceptions about how Whites gained their wealth and status. A century and a half after slavery the median wealth of White families is $100,000; for Black families, it's $25,000. The belief that Whites achieved this 20-1 wealth advantage by HARD WORK is an absurd and a historical fantasy.”

Nonetheless, the airwaves are filled with the self-righteous pronouncements of Caucasian commentators anxious to “advise” Blacks to “work hard” and to “pull themselves up by their bootstraps” if they want to succeed in America. Not only do they seek to invent a fraudulent fairy tale that whitewashes a very bloody legacy, but they also aim to reaffirm the notion that “non-Whites” are naturally inferior and lazy and are thus responsible for having comparatively nothing. The truth is a whole lot nastier than that.

White folks have been receiving massive welfare or government aid since the very beginning of America.

this is a comment from truthtella360 on worldstar

Dam son that just blew my mind, I feel like if the world could see this side of the argument they would understand that we are truly being systematically oppressed, its frustrating and sad man smh.

 

[AITheAnswerAI]

You aren't getting "an economic stimulus" from the government.

We need access to business loans and credit at a very low rate.

We damn sure won't get them here, but perhaps there's a better chance in other countries? Maybe we can try North Korea, hopefully they'll do business with us just to fukk with the U.S

 

[Tilesp4p]

We damn sure won't get them here, but perhaps there's a better chance in other countries? Maybe we can try North Korea, hopefully they'll do business with us just to fukk with the U.S

Lol on the real thought, I think i saw someone post on here about black people needing to link up with an economic power outside of the US since we cant get help here. But thatd be just another reason for people to shoot us smh, they would just accuse us of being communist.

 

[cylde21]

Dam son that just blew my mind, I feel like if the world could see this side of the argument they would understand that we are truly being systematically oppressed, its frustrating and sad man smh.

didn't post for you to get upset , posted it to show how wealth building was done to uplift a group of people . and why in the present focusing on taking the smart plays in building our wealth up as group in the 21st century is important . They had their way we'll have ours