poor black kids who do everything right do worse than rich white kids who do everything wrong

[basquebromance]

"a paper by the FBI revealed that, by the time they are 40, high school dropouts born to rich families are as likely to be earning high salaries as college graduates from poor families."

race and class excuse nothing. they are not the crutches with which the misanthropic and morally ambivalent can prop themselves up as standing tall.

failing to understand that reflects a lack of imagination and empathy. take a bunch of teenage boys from the whitest, safest suburb in America and plunk them down in a place where their friends are murdered and they are constantly attacked. signal that no one cares, and fail to solve murders. limit their options for escape. then see what happens.

 

[emilynghiem]

Dear basquebromance
It's not just about degrees and salaries.

If you follow the concept in "Rich Dad Poor Dad"
the families who pass down knowledge and experience to their kids in
how to manage RENTAL properties and sustainable BUSINESS OWNERSHIP
can maintain and grow their investments by applying knowledge of
CREDIT and FINANCING using OTHER PEOPLE'S MONEY.

The poor who live paycheck to paycheck or rent from others,
never gain this sense of ownership and capital/equity development.

Some of the kids who inherit but can't run their family business
LOSE IT ALL.

So just getting paid a higher salary and having a degree
isn't the same as hands on business experience
with property ownership and especially capitalizing on
investments collected from other people.

It's also about sustainable wealth
and financial independence where you
don't depend on social security, pensions or retirement.

No matter how much you may inherit in advantages or wealth,
if you don't know how to maintain and invest it,
you'll spend or waste it and end up broke just like the others.

 

[BULLDOG]

Dear basquebromance
It's not just about degrees and salaries.

If you follow the concept in "Rich Dad Poor Dad"
the families who pass down knowledge and experience to their kids in
how to manage RENTAL properties and sustainable BUSINESS OWNERSHIP
can maintain and grow their investments by applying knowledge of
CREDIT and FINANCING using OTHER PEOPLE'S MONEY.

The poor who live paycheck to paycheck or rent from others,
never gain this sense of ownership and capital/equity development.

Some of the kids who inherit but can't run their family business
LOSE IT ALL.

So just getting paid a higher salary and having a degree
isn't the same as hands on business experience
with property ownership and especially capitalizing on
investments collected from other people.

It's also about sustainable wealth
and financial independence where you
don't depend on social security, pensions or retirement.

No matter how much you may inherit in advantages or wealth,
if you don't know how to maintain and invest it,
you'll spend or waste it and end up broke just like the others.

The large majority of people born rich, stay rich. Sure, there are a very few who waste it all, but given the advantages of starting rich, they really have to be trying to throw it all away. "The rich get richer and the poor get poorer" is an old saying for a reason.

 

[Tijn Von Ingersleben]

Assets. Rich kids do not need to go to school because they have assets. Middle and lower class kids need school for jobs to acquire assets. They are 2/3 there already.

 

[IM2]

"a paper by the FBI revealed that, by the time they are 40, high school dropouts born to rich families are as likely to be earning high salaries as college graduates from poor families."

race and class excuse nothing. they are not the crutches with which the misanthropic and morally ambivalent can prop themselves up as standing tall.

failing to understand that reflects a lack of imagination and empathy. take a bunch of teenage boys from the whitest, safest suburb in America and plunk them down in a place where their friends are murdered and they are constantly attacked. signal that no one cares, and fail to solve murders. limit their options for escape. then see what happens.

Why do people like this think they can lecture about lives they have not lived?

 

[Not2BSubjugated]

. . . and some people are born taller than others, and some people are born better looking than others, and some people are born smarter than others.

 

[MisterBeale]

"a paper by the FBI revealed that, by the time they are 40, high school dropouts born to rich families are as likely to be earning high salaries as college graduates from poor families."

race and class excuse nothing. they are not the crutches with which the misanthropic and morally ambivalent can prop themselves up as standing tall.

failing to understand that reflects a lack of imagination and empathy. take a bunch of teenage boys from the whitest, safest suburb in America and plunk them down in a place where their friends are murdered and they are constantly attacked. signal that no one cares, and fail to solve murders. limit their options for escape. then see what happens.

Why do people like this think they can lecture about lives they have not lived?

You are right, it would be nice to see the link, and those who conducted the study.

 

[frigidweirdo]

Dear basquebromance
It's not just about degrees and salaries.

If you follow the concept in "Rich Dad Poor Dad"
the families who pass down knowledge and experience to their kids in
how to manage RENTAL properties and sustainable BUSINESS OWNERSHIP
can maintain and grow their investments by applying knowledge of
CREDIT and FINANCING using OTHER PEOPLE'S MONEY.

The poor who live paycheck to paycheck or rent from others,
never gain this sense of ownership and capital/equity development.

Some of the kids who inherit but can't run their family business
LOSE IT ALL.

So just getting paid a higher salary and having a degree
isn't the same as hands on business experience
with property ownership and especially capitalizing on
investments collected from other people.

It's also about sustainable wealth
and financial independence where you
don't depend on social security, pensions or retirement.

No matter how much you may inherit in advantages or wealth,
if you don't know how to maintain and invest it,
you'll spend or waste it and end up broke just like the others.

And why isn't this stuff being taught in schools?

Oh, you need to learn all about Shakespeare young boy, it'll grow hairs on your balls.

 

[Mikeoxenormous]

"a paper by the FBI revealed that, by the time they are 40, high school dropouts born to rich families are as likely to be earning high salaries as college graduates from poor families."

race and class excuse nothing. they are not the crutches with which the misanthropic and morally ambivalent can prop themselves up as standing tall.

failing to understand that reflects a lack of imagination and empathy. take a bunch of teenage boys from the whitest, safest suburb in America and plunk them down in a place where their friends are murdered and they are constantly attacked. signal that no one cares, and fail to solve murders. limit their options for escape. then see what happens.

You are saying that victim of liberalism is why there is such disparity between races...
I think you are wrong. Morgan Freeman says so also.

 

[midcan5]

Wow a bit of truth on race and privilege. But there is also the resentment many whites who have not grown up in wealthier families demonstrate, Trump appeals to these people even though he'd have nothing to do with them. His rallies are examples, how many of the people behind him could even afford a Mar-a-Lago membership. It is all talk and BS.

I Know Why Poor Whites Chant Trump, Trump, Trump

Excellent reads for the interested, especially the first.

Dog Whistle Politics: How Coded Racial Appeals Have Reinvented Racism and Wrecked the Middle Class by Ian F. Haney-Lopez
White Rage: The Unspoken Truth of Our Racial Divide by Carol Anderson

'Dog Whistle Politics As Strategic Racism' "Wallace, Goldwater, and Nixon constitute classic strategic racists. In the context of the times, they were all initially racial moderates. They may have harbored tainted beliefs, but racial animosity did not drive their actions. Instead, they concentrated hard, weighing and sifting, to figure out how they could most effectively gain votes. If a more promising route had been available, they would have taken it. But race seemed the most likely avenue, so each opted to harness racial divisions to their agenda of getting elected. This was not about racism, it was about winning. Also, they were not racially omniscient, moving instead within a settled framework of ideas about race that for the most part they took for granted. Even so, unlike most in society, these politicians thought long and deep about how to turn race to their advantage. We've previously defined strategic racism as purposeful efforts to use racial animosity as leverage to gain political power (or material wealth and social standing). By this definition, Wallace, Goldwater, and Nixon acted out of strategic racism. This last sentence sparks an important clarification. I write interchangeably of "dog whistle politics" and "dog whistle racism." The first is a less freighted term. But the truth is, racial dog whistle politics is dog whistle racism. It is a strategic manipulation of racial ideas in pursuit of political power and (especially once big money conservatives got behind the tactic) material wealth." p48 'Dog Whistle Politics: How Coded Racial Appeals Have Reinvented Racism and Wrecked the Middle Class' by Ian Haney López

 

[BlackSand]

Dear basquebromance
It's not just about degrees and salaries.

If you follow the concept in "Rich Dad Poor Dad"
the families who pass down knowledge and experience to their kids in
how to manage RENTAL properties and sustainable BUSINESS OWNERSHIP
can maintain and grow their investments by applying knowledge of
CREDIT and FINANCING using OTHER PEOPLE'S MONEY.

The poor who live paycheck to paycheck or rent from others,
never gain this sense of ownership and capital/equity development.

Some of the kids who inherit but can't run their family business
LOSE IT ALL.

So just getting paid a higher salary and having a degree
isn't the same as hands on business experience
with property ownership and especially capitalizing on
investments collected from other people.

It's also about sustainable wealth
and financial independence where you
don't depend on social security, pensions or retirement.

No matter how much you may inherit in advantages or wealth,
if you don't know how to maintain and invest it,
you'll spend or waste it and end up broke just like the others.

The first two things my father taught me were ...

1. "Can't" ... Never accomplished anything.
2. You have no one else other than yourself to blame for your failures ... Pull up your boot straps and get back to it.

.

 

[IM2]

Dear basquebromance
It's not just about degrees and salaries.

If you follow the concept in "Rich Dad Poor Dad"
the families who pass down knowledge and experience to their kids in
how to manage RENTAL properties and sustainable BUSINESS OWNERSHIP
can maintain and grow their investments by applying knowledge of
CREDIT and FINANCING using OTHER PEOPLE'S MONEY.

The poor who live paycheck to paycheck or rent from others,
never gain this sense of ownership and capital/equity development.

Some of the kids who inherit but can't run their family business
LOSE IT ALL.

So just getting paid a higher salary and having a degree
isn't the same as hands on business experience
with property ownership and especially capitalizing on
investments collected from other people.

It's also about sustainable wealth
and financial independence where you
don't depend on social security, pensions or retirement.

No matter how much you may inherit in advantages or wealth,
if you don't know how to maintain and invest it,
you'll spend or waste it and end up broke just like the others.

The first two things my father taught me were ...

1. "Can't" ... Never accomplished anything.
2. You have no one else other than yourself to blame for your failures ... Pull up your boot straps and get back to it.

.

Not so. But your psychosis has not allowed you to learn that whites have never pulled themselves up by their own bootstraps.

 

[BlackSand]

Not so. But your psychosis has not allowed you to learn that whites have never pulled themselves up by their own bootstraps.

Sorry sweetheart ... That's your psychosis ... Not mine.

You cannot attempt to argue both sides ... Either white people have someone else to blame for their failures or they don't.
And the attitude that something "can't" be done ... Is detrimental to achieving any goal.

Those are facts no matter how you try to argue any different ...
And both ideas are how you manage success ... Responsibility, initiative and action.

.

 

[Tijn Von Ingersleben]

. . . and some people are born taller than others, and some people are born better looking than others, and some people are born smarter than others.

Exactly...just because rich kids are born with wealth does not preclude other from acquiring it. Wealth is not finite.

 

[Not2BSubjugated]

Dear basquebromance
It's not just about degrees and salaries.

If you follow the concept in "Rich Dad Poor Dad"
the families who pass down knowledge and experience to their kids in
how to manage RENTAL properties and sustainable BUSINESS OWNERSHIP
can maintain and grow their investments by applying knowledge of
CREDIT and FINANCING using OTHER PEOPLE'S MONEY.

The poor who live paycheck to paycheck or rent from others,
never gain this sense of ownership and capital/equity development.

Some of the kids who inherit but can't run their family business
LOSE IT ALL.

So just getting paid a higher salary and having a degree
isn't the same as hands on business experience
with property ownership and especially capitalizing on
investments collected from other people.

It's also about sustainable wealth
and financial independence where you
don't depend on social security, pensions or retirement.

No matter how much you may inherit in advantages or wealth,
if you don't know how to maintain and invest it,
you'll spend or waste it and end up broke just like the others.

And why isn't this stuff being taught in schools?

Oh, you need to learn all about Shakespeare young boy, it'll grow hairs on your balls.

For once we agree. Kinda. I still think Shakespeare should be taught. Deep understanding of the human condition and a virtually unparalleled mastery of the language pretty much epitomizes the general qualities you look for in great literature. That said, the basics about wealth acquisition and retention should be common knowledge by the time kids graduate high school. All those basic little steps and habits that turn wages into a nest egg. They didn't teach that shit at ALL when I was in high school, and we even had two different semesters of a Personal Finance class! All they really taught in that useless fuckin course was how to write a check and how to fill out a 1040ez, and the rest was job exploration and preparing us for the PC world of HR guidelines.

 

[frigidweirdo]

Dear basquebromance
It's not just about degrees and salaries.

If you follow the concept in "Rich Dad Poor Dad"
the families who pass down knowledge and experience to their kids in
how to manage RENTAL properties and sustainable BUSINESS OWNERSHIP
can maintain and grow their investments by applying knowledge of
CREDIT and FINANCING using OTHER PEOPLE'S MONEY.

The poor who live paycheck to paycheck or rent from others,
never gain this sense of ownership and capital/equity development.

Some of the kids who inherit but can't run their family business
LOSE IT ALL.

So just getting paid a higher salary and having a degree
isn't the same as hands on business experience
with property ownership and especially capitalizing on
investments collected from other people.

It's also about sustainable wealth
and financial independence where you
don't depend on social security, pensions or retirement.

No matter how much you may inherit in advantages or wealth,
if you don't know how to maintain and invest it,
you'll spend or waste it and end up broke just like the others.

And why isn't this stuff being taught in schools?

Oh, you need to learn all about Shakespeare young boy, it'll grow hairs on your balls.

For once we agree. Kinda. I still think Shakespeare should be taught. Deep understanding of the human condition and a virtually unparalleled mastery of the language pretty much epitomizes the general qualities you look for in great literature. That said, the basics about wealth acquisition and retention should be common knowledge by the time kids graduate high school. All those basic little steps and habits that turn wages into a nest egg. They didn't teach that shit at ALL when I was in high school, and we even had two different semesters of a Personal Finance class! All they really taught in that useless fuckin course was how to write a check and how to fill out a 1040ez, and the rest was job exploration and preparing us for the PC world of HR guidelines.

Take countries like Austria and Germany.

They have Gymnasiums, these are places for people who might appreciate Shakespeare or literature in general, but then they have technical schools for kids who just wouldn't. They learn more about a trade, from building skills, architecture to computer engineering.

It makes sense. Literature makes sense to some, but not all. Never made much sense to me, I did one Shakespeare play and was like "What the fuck is this crap?" all the way through. Never read one since.

 

[impuretrash]

Wow a bit of truth on race and privilege. But there is also the resentment many whites who have not grown up in wealthier families demonstrate, Trump appeals to these people even though he'd have nothing to do with them. His rallies are examples, how many of the people behind him could even afford a Mar-a-Lago membership. It is all talk and BS.

I Know Why Poor Whites Chant Trump, Trump, Trump

I read your linked article even though it was pretty tedious by the end. There's nothing new about the argument that poor white people vote against their own interests by siding with Republicans who only care about the rich, or that the only reason they do so is because they're racist and fall for "dogwhistles" like campaigning against mass immigration. I guess the author thinks that by painting whitey in a sympathetic light as a victim of evil rich people that they're more likely to submit to her thinly veiled appeal for a Communist Utopia. ...she might be right, because people are stupid and don't know anything about history and all the times that socialist revolutions have failed catastrophically.

Never mind that most of her story of living and working the poor, rural white life sounds like pure fiction especially when the two "klansmen" give her a hard time because of the hat she's wearing. It's interesting that even though the basis of her article is that poor whites are horrible racists...they defended her against those two. I know from experience that most poor rural white people don't have time for being racist, too busy trying to make ends meet. They're less interested in politics than they are in petty family drama, televised sports and self destructive habits.

They're probably the least racist people in the country, because they simply don't care...about anything, except for the here and now. Not entirely different from inner city blacks except for the high rate of crime and the culture of "blame whitey" victimhood.

 

[AKIP]

Wow a bit of truth on race and privilege. But there is also the resentment many whites who have not grown up in wealthier families demonstrate, Trump appeals to these people even though he'd have nothing to do with them. His rallies are examples, how many of the people behind him could even afford a Mar-a-Lago membership. It is all talk and BS.

I Know Why Poor Whites Chant Trump, Trump, Trump

I read your linked article even though it was pretty tedious by the end. There's nothing new about the argument that poor white people vote against their own interests by siding with Republicans who only care about the rich, or that the only reason they do so is because they're racist and fall for "dogwhistles" like campaigning against mass immigration. I guess the author thinks that by painting whitey in a sympathetic light as a victim of evil rich people that they're more likely to submit to her thinly veiled appeal for a Communist Utopia. ...she might be right, because people are stupid and don't know anything about history and all the times that socialist revolutions have failed catastrophically.

Never mind that most of her story of living and working the poor, rural white life sounds like pure fiction especially when the two "klansmen" give her a hard time because of the hat she's wearing. It's interesting that even though the basis of her article is that poor whites are horrible racists...they defended her against those two. I know from experience that most poor rural white people don't have time for being racist, too busy trying to make ends meet. They're less interested in politics than they are in petty family drama, televised sports and self destructive habits.

They're probably the least racist people in the country, because they simply don't care...about anything, except for the here and now. Not entirely different from inner city blacks except for the high rate of crime and the culture of "blame whitey" victimhood.

It's hilarious how you racist discredit any information, statistic, study, social experiment, etc that is counter to your narrative.

If you were in a bad accident and near death, only to be saved by an African American surgeon, you would probably would end up dying when you learned it was an African American doctor who did the surgery due to the nocebo effect....lol.

 

[impuretrash]

Wow a bit of truth on race and privilege. But there is also the resentment many whites who have not grown up in wealthier families demonstrate, Trump appeals to these people even though he'd have nothing to do with them. His rallies are examples, how many of the people behind him could even afford a Mar-a-Lago membership. It is all talk and BS.

I Know Why Poor Whites Chant Trump, Trump, Trump

I read your linked article even though it was pretty tedious by the end. There's nothing new about the argument that poor white people vote against their own interests by siding with Republicans who only care about the rich, or that the only reason they do so is because they're racist and fall for "dogwhistles" like campaigning against mass immigration. I guess the author thinks that by painting whitey in a sympathetic light as a victim of evil rich people that they're more likely to submit to her thinly veiled appeal for a Communist Utopia. ...she might be right, because people are stupid and don't know anything about history and all the times that socialist revolutions have failed catastrophically.

Never mind that most of her story of living and working the poor, rural white life sounds like pure fiction especially when the two "klansmen" give her a hard time because of the hat she's wearing. It's interesting that even though the basis of her article is that poor whites are horrible racists...they defended her against those two. I know from experience that most poor rural white people don't have time for being racist, too busy trying to make ends meet. They're less interested in politics than they are in petty family drama, televised sports and self destructive habits.

They're probably the least racist people in the country, because they simply don't care...about anything, except for the here and now. Not entirely different from inner city blacks except for the high rate of crime and the culture of "blame whitey" victimhood.

It's hilarious how you racist discredit any information, statistic, study, social experiment, etc that is counter to your narrative.

If you were in a bad accident and near death, only to be saved by an African American surgeon, you would probably would end up dying when you learned it was an African American doctor who did the surgery due to the nocebo effect....lol.

What you said has nothing to do with the post you quoted. You're trying to discredit the notion that poor white people aren't racist. They just don't give a fuck about your black ass.

 

[harmonica]

..can we get a link/the FBI paper?
..whites make up about 67% of the population
..blacks about 12.8%
..blacks graduate high school at lower levels---less going to college--less graduating college..very few Blacks graduating
this graph is the PERCENTAGE of the B and W college enrollment--I take it

..Race Gap Narrows in College Enrollment, But Not in Graduation

with everything stated above, you can see it's very hard to compare B and W college graduate salary problems
..you have a large number of whites vs small number of blacks/etc