Ling Ling spills the tea

Amestafuu (Emeritus)

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Common sense should tell you that when you double and triple team the best player someone is always left open.

All these clowns saying just save need to get a job at Wal-Mart making $9 an hour 40hrs a week no ot no savings and multiple bills with no extra income then find 10 more people in the exact same situation and see how long it takes to come up with 10gs .

You nikkas don't live in reality
excuses excuses... tell us more of what you can't do brehs. :scust:

and were the clowns but the brehs in here shutting down the ideas are the realists ok :snoop:

one of my highschool friends bought his mom a crib off a job serving tables by the time we were done college. another breh managed a mcdonalds in high school, worked at best buy, has 2 kids out of wedlock. saved up living up with his mom and he's sitting on damn near 200K in his 30's.... owns a business overseas

keep setting up them hurdles brehs. can't do won't do dudes...
 

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excuses excuses... tell us more of what you can't do brehs

and were the clowns but the brehs in here shutting down the idea are the realists ok :snoop:

one of my highschool friends bought his mom a crib off a job serving tables by the time we were done college. another breh managed a mcdonals in high school, worked at best buy, has 2 kids. saved living up with his mom and he's sitting on damn near 200K in his 30's

keep setting up them hurdles brehs. can't do won't do dudes...
I remember that article of that BM and his PAWG who saved a million dollars before their mid 30s.
 

BaggerofTea

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I don't know a single African who don't work hard. Just a fact. If they are first gen, those are Americans, not Africans. I would like to have a chat with your "friend". That's like an old cac telling me older BM are lazy. That's a fukking lie.
Older black male relative.

:yeshrug: This is on yall
 

saturn7

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:patrice:


:jbhmm:
1. The chart does not show 50% or more of us have been poor or working poor.
This is before mentioning that the chart doesn't even make a distinction of where working poor and working "class" starts/ends
(I agree with the previous poster with substituting the socialist notion of "class" with "income")

This is also before mentioning I never used "poor" as the delineator I used "poverty".
Lucky for everyone involved I've provided a poverty guideline chart as a guide to make that distinction.
Which segues into the next point...

2. Please quote where I said "blacks are doing good AS A COLLECTIVE"
I specifically said...


fukking semantics. You said most black folks aren't poor. Based on that chart historically nearly 50% of black folks are in that blue or red category. Are those people not poor? Do you really considering the "working poor" and "working class" as not poor? They sure as hell have little wealth I can guarantee that. If they are not poor well they sure as hell are not middle income.
 

saturn7

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:patrice:



:mjlol:
Bruh, the point is that the Asian dude didn't say that ...it is a fictitious quote.
I can only assume aimed at spurring folks into action in spite of the mythical Mr Chang
(I like to call it the Asian Willie lynch letter.)

That dude is not named Chang(Chinese) and is actually the ex Sony cofounder Akio Morita(Japanese)





Now if you can actually find this non-named "Asian Beauty Supply owner" Ling Ling chic, Mr. Chang, classic Willie lynch .....or even Akio Morita himself saying this kinda stuff I'll change my position :yeshrug::ehh:


Fake or not what I said stands. Plenty of "new" Americans hold those same beliefs about Black Americans (included some New Black Americans too) and this model minority trope they love to promote. It's easy to be the model minority when you don't have to live with the accrued disadvantage of slavery and all the schemes used to re-enslave us after slavery. Stop comparing us to these fukking people our situation is totally different.
 

saturn7

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Myth 7: Emulating successful minorities will close the racial wealth gap
https://socialequity.duke.edu/wp-content/uploads/2019/10/what-we-get-wrong.pdf

In a recent book by legal scholars Amy Chua and Jed Rubenfeld (2013), a longtime trope re-emerged. According to Chua and Rubenfeld, the reason why certain ethnic, or “cultural groups” as they call them, achieve relatively high levels of economic success compared to others (read: blacks, most Latinos, and Native Americans), is a result of superior group traits not possessed by the others. Using circumstantial and other evidence, including comparative household income and occupational status across particular social groups, the argument rehashes a now half-century old “culture of poverty” theory (Lewis, 1966).


This theory, as applied, holds that “self-sabotaging” group to individual-level values learned under the conditions of concentrated poverty are recycled intergenerationally and constitute a barrier toward favorable economic outcomes.12 This can include behavioral impediments to being able to acquire and hold down a job, an indifference toward educational attainment, saving or general asset building practices, and other alleged negative group-level attributes, including a predisposition toward pathological family structures (see Murray, 1986). In the past, much of what is commonly referred to as the “model minority” narrative has relied on the perceived bootstrap success of American Jews and other southern European immigrant groups, and, more recently, select Asian, Latino, Caribbean and African immigrant communities. Notwithstanding the diverse, complex social and economic makeup of these groups in the first place, the immigrant success trope has yielded the problematic inference that “if they can do it, why can’t you?”13 With blame centered on black and Latino communities, the contemporary claim that “if they only acted right” perpetuates the myth that by emulating successful minorities, subaltern groups can close the racial wealth gap by their own unilateral efforts. Take the Cuban-American and Korean communities for example, which, if we examine the groups using income alone, appear to provide prima facie evidence for the immigrant success trope. But the “lateral mobility” hypothesis (Darity 1989) argues that the relative social position held by the majority of adult immigrants in their country of origin will be regained by their children.

In short, so-called “successful” immigrant groups actually retrieve a comparable class position as the one they held in their country of origin. Their 12 Steinberg (2011) and Darity (2011) offer comprehensive critiques of the culture as destiny hypothesis. 13 See Steinberg (1981) and Pierre (2004) for critical discussions of this trope. 39 pre-migration capital, whether embodied in their education and training or their financial resources, is critical in determining their outcomes in the United States.

 

saturn7

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https://socialequity.duke.edu/wp-content/uploads/2019/10/what-we-get-wrong.pdf

Furthermore, this does not take into direct account other structural factors and national policies, including the selectivity of documented immigration (which favors more “skilled” immigrant groups) and any official support provided for particular immigrant groups by the state. For example, while the favorable class position and predominantly white phenotype of the initial 1960s arrivals from Cuba has been well-documented, there is less attention paid to the role of the Cuban Refugee Program. By 1994 the program had invested more than $1 billion in successful integration of the community through resettlement resources, housing and educational training and other programs (see Masud-Piloto,1995; and Warren and Twine, 1997). For Koreans, who have been hailed as a successful immigrant group due to their savvy entrepreneurship, what generally is ignored is the fact that the immigrant community that has come to the United States is a highly self-selected sample (educated, urban, middle class). They have been able to provide opportunities for themselves by bringing substantial start-up capital with them (see Yoon 1996; and Bates 1997).

Perversely, discrimination against blacks by default assisted Korean entrepreneurs in many US cities where they share urban spaces (see Bogan and Darity, 2009; also see Min 1988). In addition, as Tamara Nopper (2010) notes, institutions played a role in their perceived “group-based” success. While their own exposure to discrimination in America’s labor markets has played a role in leading to Korean over-concentration in selfemployment, the role of government agencies in actively supporting Korean business development is disregarded far too often. 40 If we look at groups based upon their wealth position instead of their income, it is even more apparent that the “if they only acted right” narrative falls flat on its face. For instance, let us apply the embedded belief in the immigrant success trope that the wealth gap is due largely to blacks “not valuing” education.

In two recent reports, Bootstraps Are for Black Kids (Nam et al. 2015) and Umbrellas Don't Make it Rain (Hamilton et al. 2015), the authors consistently found, as noted above under Myth 1, that black families hold a longstanding commitment toward their children’s education. Black families attempt to exercise that commitment despite having considerably less income and wealth to draw upon than whites.
 

saturn7

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Data from the 2013 wave of the Panel Study of Income Dynamics indicates that the median income of black parents who provided some financial support for their children’s higher education was $44,640, while it was $63,346 for white parents who did not. The discrepancy was even more pronounced for wealth. The median net worth of black parents who provided some financial support for their children’s higher education was $24,887, while it was $73,878 for white parents, again, who did not (Nam et al. 2015). Furthermore, the typical U.S. white household with a head who held a college degree had $268,000 in wealth, compared with $70,000 for a black household with a comparably educated head – slightly less than a staggering $200,000 difference (see Figure 1 in Myth 1). White households with heads who reported having completed some college but did not finish their degrees, still possessed substantially more wealth (net worth) than the typical black household with a head who finished a college degree. Most astonishing is the fact that black households with a head with a college degree were substantially more “wealthpoor” than whites who never finished their high school diplomas (Hamilton et al. 2015).

Additional evidence that contradicts the model minority myth is drawn from regional variation in the wealth position of so-called “model” minority groups themselves. For instance, the National Asset Scorecard for Communities of Color (NASCC) project reveals that the Korean family median wealth of $496,000 ranks amongst the highest in the Washington, DC metropolitan area, while their median wealth of $23,400 in the Los Angeles metropolitan area where they make up a much larger share of the population, ranks amongst the lowest of all ethnic groups in the study (De La Cruz-Viesca, et al. 2016; Kijakazi, et al. 2016). Such large regional intra-ethnic variation in wealth is not indicative of a consistent ethnically based cultural predisposition toward economic success.

In short, the argument that intergroup disparities in wealth are borne out of group based cultural/behavioral deficiencies is misleading and misdirected. Instead, we should focus on the long exposure of low wealth racial/ethnic groups to theft of wealth and blockades on wealth accumulation. To suggest that blacks, racialized Latinos and Native Americans should emulate other supposedly successful “minority” groups perpetuates, the false narrative that their asset poverty is due to a lack of hard work, effort, or ambition.
 
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excuses excuses... tell us more of what you can't do brehs. :scust:

and were the clowns but the brehs in here shutting down the ideas are the realists ok :snoop:

one of my highschool friends bought his mom a crib off a job serving tables by the time we were done college. another breh managed a mcdonalds in high school, worked at best buy, has 2 kids out of wedlock. saved up living up with his mom and he's sitting on damn near 200K in his 30's.... owns a business overseas

keep setting up them hurdles brehs. can't do won't do dudes...

These cats always have an excuse for why they can't do something. Why live? Just go ahead and end it all.
 

Professor Emeritus

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Leaving all the racial arguments aside for a second, this is a GOOD move. Any way that you can raise capital without taking out a loan with interest is a win. Whether it is a pooled money group, an Islamic bank (one that explicitly bans interest), a nonprofit credit union that looks to shared investments rather than stealing interest back....you're always better if you can share the risk rather than being owned by the lender.
 

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excuses excuses... tell us more of what you can't do brehs. :scust:

and were the clowns but the brehs in here shutting down the ideas are the realists ok :snoop:

one of my highschool friends bought his mom a crib off a job serving tables by the time we were done college. another breh managed a mcdonalds in high school, worked at best buy, has 2 kids out of wedlock. saved up living up with his mom and he's sitting on damn near 200K in his 30's.... owns a business overseas

keep setting up them hurdles brehs. can't do won't do dudes...
You haven't read me say I can't do shyt so you putting words in my mouth like a bytch. Stay on topic.
Your breh waiting tables got tips and made more than minimum wage most likely. Other friend was the manager. You nikkas want to be so smart but sound dumb as fukk if you think a nikka barely getting 600 every two weeks can save money. Do it if it's so damn easy.
You Ignored the fact that people who make the least usually don't have help. I clearly said try doing it by yourself on minimum wage with bills. Didn't even mention kids. Just regular living expenses like rent lights food and transportation . Show the I can't do brehs how to do it genius.
 
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