Having information about the racial
wealth gap is not supposed to make you sad or depress it’s a tool to help you
understand and have the ability to advocate for yourself and your group. The information
provided is not intended to have some negative emotional impact on you.
It is a tool for
you to use for your politics, you are in charge of your own internal life and
your own feelings. Deal with them accordingly
This is information is for you to
just see things as for what it is; as opposed to what you think it should be.
You
are to do politics at the point of where you are now, not where you want to be.
What we suffer from as a group is “structural
impediments”-that can be understood as aspects of the external environment that
limits to the extent that there are no possible points of agreement.
And these impediments cannot be
solved by one individual. This is why charity does not work, evidently that
funds run out. Societies are not built on charity; they are built on taxation
and re-distribution.
Philanthropy is not the answer.
If these
politicians are not speaking about how the structure of society is or if they
are not speaking about the hierarchy that is impeded in this society then they
are not talking about change. More than likely if they are not speaking about
trans-formative change, they have benefited from the status quo…
Ados people need
the government the most, yet we are the quickest to condemn the government as “the
white man” or “the enemy” my favorite: " I aint beggin" for no hand-outs"….
Michael Bloomberg’s
billion $ status is due to government funding and loans…(welfare)*
After graduating
from John Hopkins University with a degree in Engineering and dropping into
Harvard University to pick up a quick MBA…One of Michael Bloomberg’s first job
was with the Investment Bank of Solomon Brothers of New York City. He was to
count out the millions of stocks and bonds in the banks vaults. His quick
thinking and work ethnics, he soon rose to the ranks of partner at the young
age of 30.
I was lucky:
Bloomberg stats… My father (a Russian jew) was a bookkeeper who never made more than $6,000 a
year**. But I was able to afford Johns Hopkins University through a National Defense student loan, and by
holding down a job on campus. My Hopkins diploma opened up doors that otherwise
would have been closed, and allowed me to live the American dream.
((TheNational Defense Education Student Loan Act- The National Defense Education Act
was signed into law on September 2, 1958, providing funding to United States
education institutions at all levels. NDEA was among many science initiatives
implemented by President Dwight D. Eisenhower in 1958…))
**also 6000$ a year in 1940 is $107, 000 in 2019...Bloomberg family was well off...
Use Dollar Times calculator to figure out money in the past and now...
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