lol at the white guilt trip mixed the racism itt. and of course we ignore the immigrants who came with nothing to the US...

two kinds of people, people that can be responsible with money and people that can't.


[Edited on July 11, 2011 at 10:13 PM. Reason : .]

7/11/2011 10:11:20 PM

since no one reads the 49th post

Quote :

"it's a shame blacks probably had more economic impact as a commodity than they do now"

7/11/2011 10:12:10 PM

I'd be curious to see the numbers for other groups as well (Hispanics, Native Americans, Asians, etc)

7/11/2011 10:12:17 PM

Most people I work with in my engineering workplace (upper middle class) have some form of inherited wealth. A few have parents who are millionaires (not hard to do if you are upper middle class for most of your working career).

A surprising amount of people have their parents buying them shit left and right. Most also use parents and family connections to get deals on things (don't blame em). A very small minority (no pun intended?) are paying for everything themselves.

Generational wealth has made the lives of most people I know much easier.

7/11/2011 10:16:15 PM

[Edited on July 11, 2011 at 10:16 PM. Reason : .]

7/11/2011 10:16:20 PM

Quote :

"lol at the white guilt trip mixed the racism itt. and of course we ignore the immigrants who came with nothing to the US... two kinds of people, people that can be responsible with money and people that can't."

That is the same old conservative card that I have heard before. Actually, African and Caribbean immigrants have better prospects than black america.

Quote :

""it's a shame blacks probably had more economic impact as a commodity than they do now""it's a shame blacks probably had more economic impact as a commodity than they do now""

Maybe true, but i don't think that have completely loss their gains from being a commodity yet. Although the commodification of black culture had it's hey day in the Wu Tang, Puffy era.



[Edited on July 11, 2011 at 10:24 PM. Reason : df]

7/11/2011 10:21:24 PM

FYI, asian average is ~$60k in 2002, and about 60% of asians own houses versus 75% for whites.

Hispanics suck worse than blacks.

Obviously, home ownership is by far the biggest component of wealth.

I think that asians faced less discrimination in getting home loans (given the same amount of salary, whites and asians are rejected for home loans far less than other ethnic groups), and more talented asians make it over here in the first place.

[Edited on July 11, 2011 at 10:27 PM. Reason : .]

7/11/2011 10:24:00 PM

Since nobody reads the 47th post:

Quote :

"The suburban culture in the States tries very hard to cling to some identity so that they may escape from many of the dull aspects of their lives. A lot of them will cling to the "I'm poor" or "my parents were divorced" cards, but the reality is that they are getting help from their parents, divorces or not, and they have never tasted anything close to a life of poverty. So, what happens is that people are mum and hush hush about mommy and dady and their inheritance, but they get all of that help. "

[Edited on July 11, 2011 at 10:28 PM. Reason : sdd]

7/11/2011 10:28:06 PM

according to two black guys in the elevator its because the man is always trying to keep them down

7/11/2011 10:35:34 PM

Quote :

"Actually, African and Caribbean immigrants have better prospects than black america."

So what are you saying? popular black culture(not all black culture) and the responsibility with money that it teaches is holding them back not their skin color? because that is what I was saying by mentioning another group of people that had a shit time starting in america. Nowhere in my post did I mention "black america" just the white guilt trip people love mentioning and lots people (including me) using of broad comments about race itt.

[Edited on July 11, 2011 at 10:39 PM. Reason : ]

7/11/2011 10:38:03 PM

which happens to be asians now...

Better start learning Mandarin people! You're future Asian overlords only speak that and engrish.

7/11/2011 10:39:35 PM

do you just play 'got rice bitch' in your car in an infinite loop?

7/11/2011 10:41:19 PM

no, but I do listen to techno, know how to break dance and can speak engrish like I was born with it. :p

Yeah, I'm not at all a stereotypical Asian.

7/11/2011 10:48:28 PM

Quote :

"So what are you saying? popular black culture(not all black culture) and the responsibility with money that it teaches is holding them back not their skin color? because that is what I was saying by mentioning another group of people that had a shit time starting in america. Nowhere in my post did I mention "black america" just the white guilt trip people love mentioning and lots people (including me) using of broad comments about race itt."

No man, not way I am saying. True, it is a bit complicated. But, African and Caribbean immigrants are slightly different because they have an already existing culture of higher education in their countries that their parents often bring over to this country with them. And, as i said, children of parents that went to college have a much higher chance of going to college as oppose to those that have uneducated parents. Basically, to be educated in this country you pretty much have to come from an educated family. Most immigrants are educated and have worked to get their education. This is not the case for much of black america.

7/11/2011 10:53:02 PM

Quote :

" I see a startling disparity in net worth that is primarily due to the fact that many white families had an extra hundred years (and then some) to amass and pass down wealth (and financial knowledge) while blacks had virtually no opportunity to do so."

And here I was going to dismiss you as getting up in arms over nothing, dismissing valid points that were made calmly and with reason in some kind of rage fueled by some previous discussion you've had before, and then you dropped this nice little nugget--easily the most racist and poorly-supported conclusion in this entire thread.

Get your head out of your ass and down off your high horse. I didn't bring up the subject, other people did. I simply said there was some merit to the discussion and there is. If you could calmly and openly discuss matters of socio-cultural influence on fiscal models you wouldn't frame every post with such overt anger.

Quote :

" lol at the white guilt trip mixed the racism itt."

Seriously, it's boiling over at the slightest thing too. It shouldn't be this difficult to discuss.

[Edited on July 11, 2011 at 11:16 PM. Reason : f]

7/11/2011 11:12:27 PM

Quote :

"And here I was going to dismiss you as getting up in arms over nothing, dismissing valid points that were made calmly and with reason in some kind of rage fueled by some previous discussion you've had before, and then you dropped this nice little nugget--easily the most racist and poorly-supported conclusion in this entire thread. Get your head out of your ass and down off your high horse. I didn't bring up the subject, other people did. I simply said there was some merit to the discussion and there is. If you could calmly and openly discuss matters of socio-cultural influence on fiscal models you wouldn't frame every post with such overt anger."

? I'm not angry. That's just how I talk.

To be clear, all I'm doing is pointing out that this is a very absurd jump off point for a discussion about "black" cultural values, and the original statement was ludicrous (Black people should be classier?).

And, come on now, stop pretending like this is some sort of taboo subject that people can't talk calmly and openly about. We've known forever that people coming up out of the lower class without the proper support systems in place often fail to manage their money properly, but that fact does not even come close to accounting for an $80,000+ disparity (when plenty in the seeming "haves" group are no good with money, too).

But, whatever...I AM SO OUTRAGED THAT YOU WOULD HAVE THE BALLS TO TALK ABOUT SUCH A SENSITIVE SUBJECT ON A WEBSITE LIKE THE WOLF WEB!!!!

7/11/2011 11:54:22 PM

lol tww racism never changes

much like the small minds that produce it

7/12/2011 12:07:01 AM

^ I think what whistle dick is trying to say is:

Bill Cosby WAS right



Can a brotha get a Jell-O pudding pop with a side of responsibility?

7/12/2011 12:23:07 AM

I wish someone, anyone, in my family had money

7/12/2011 12:48:52 AM

Clearly blacks in the 1960s were 2x lazier than the whites of the era, this is why they were poorer (keep in mind blacks were blocked or deterred by law from welfare before the late 1960s in most places).

BridgetSPK 1
Netstorm 0

7/12/2011 1:05:13 AM

BridgetSPK is killing it ITT.



[Edited on July 12, 2011 at 1:18 AM. Reason : df]

7/12/2011 1:05:53 AM

Quote :

"^^^People don't talk about money, and they really, really don't talk about inheritance (and with good reason). "

I've noticed this... people don't seem to realize that them being able to inherit 30, 40, $50k (or an entire house) relates back to the socioeconomic systems of the past century... being able to clear you student loans, put the down payment on a house gives you a BIG leg up.

But, I know a handful of black people who have grandparents that are poor and uneducated, but own large plots of land out in the country, that's going to be very valuable one day. Black people become more "equal" with every passing year in the eyes of society at large, and they are going to get theirs some day soon I think.

7/12/2011 1:12:32 AM

bridget has always been probably the most knowledgeable person on here.

7/12/2011 1:21:38 AM

7/12/2011 1:23:41 AM

Looks like we need to knock those pesky Asians down a peg or two.

7/12/2011 1:32:41 AM

Quote :

"Clearly blacks in the 1960s were 2x lazier than the whites of the era, this is why they were poorer (keep in mind blacks were blocked or deterred by law from welfare before the late 1960s in most places). BridgetSPK 1 Netstorm 0"

Not even remotely relevant to the discussion. And you continue to be the person that insists on it being a black v white issue--our discussion (the level-headed, sensible one, before you bombarded your raging nonsense) had to do with socio-cultural influence on fiscal spending.

I knew you always overreacted on the white-guilt in racist threads, and I knew you got all rage-tastic over the slightest thing, but chill girl.

7/12/2011 9:24:07 AM

You're using so many cutesy tactics, like accusations of rage/anger, that it's very challenging to take your posts as anything but trolling, especially when you're still not making sense.

I mean, plenty of people argue that fiscal spending/policy have shaped different cultural approaches to money/advancement, and this argument appears compelling in some cases. But you're trying to argue it the other way around--that somehow sociocultural factors that are magically unique to the the African American community have shaped fiscal spending.

Your posts just don't make sense in relationship to this thread topic, in relationship to GeniuSxBoY's ridiculous comments, or even on their own.

7/12/2011 10:11:40 AM

Quote :

"white households was $134,280, compared with $13,450 for black households"

At first I thought this was salary and was really flabbergasted but then I realized its net worth and was equally flabbergasted but for a different reason. Its hard for me to imagine that the median net worth for whites would be only $134,280. With a house and any retirement savings it isn't hard to be past that level before the age of 35. I knew that there were a lot of poor people out there but I never realized that so many had just that little.

Regarding the issue of race...

Listen, Bill Cosby had it right. There are things that the black community needs to do in order to promote stable economic gains as a group. To say that there isn't a black culture is ridiculous. If black people can suggest someone acts "too white" or that a white person is "acting black" then they obviously identify with a cultural identity. If a large percentage can identify with a set beliefs, language and traditions to which they can relate, then there is an established culture. Examples are certain uses of slang, church services and movies/music preference. Black people will be the first to tell you that they don't run in the rain, they don't kiss dogs on the mouth and they don't wear stupid sweaters at xmas because that is a white thing to do. One of the things holding us back as a multicultural nation is that we only talk about these differences among our own group, explaining behavior with nothing other than conjecture, rather than having open discourse and learning.


With that being said, culture isn't the only thing holding black people back and causing this disparity. A history of hopelessness doesn't do much to help. What those in this thread seem to forget is that the parents of our peers remember segregation, voter restriction and second class citizenry very well because they were there. The parents of our peers have lots of reasons not to trust white people and, by extension, white culture. This is a partial explanation for the diversion of the two.

Psychologically, people tend to compete with those who are in their same social structure. So if indications of success and tools of admiration in your culture is level of education and sophistication of employment, then that is what your driving force will be. Conversely, if you're indications of success and drivers of admiration are other things then that is where your focus will be. A good example of this difference is poor whites in rural areas compared to rich whites from urban areas. These trends are communicated by visual adaptation and education and are hard to break because people cannot know what they do not know, unless taught otherwise.

Its not an either or issue here, its definitely a combination.



[Edited on July 12, 2011 at 10:32 AM. Reason : .]

7/12/2011 10:27:20 AM