The argument is not just about slavery

Discussion in 'Race Relations/Racism' started by IM2, Aug 15, 2019.

  1. IM2
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    IM2 Platinum Member

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    I think this is done here on purpose. The argument being made by blacks here do not end with slavery. There was a 100 year span of time where things went on that impacts life today. So if you can recognize how the Declaration of Independence and the Constitution impacts our lives today, the excuse of that was in the past has no merit in this discussion. In that 100 years after slavery, blacks experienced terrorism of all kinds.

    A vast wealth gap, driven by segregation, redlining, evictions and exclusion, separates black and white America
    By Trymaine Lee AUG. 14, 2019

    Elmore Bolling, whose brothers called him Buddy, was a kind of one-man economy in Lowndesboro, Ala. He leased a plantation, where he had a general store with a gas station out front and a catering business; he grew cotton, corn and sugar cane. He also owned a small fleet of trucks that ran livestock and made deliveries between Lowndesboro and Montgomery. At his peak, Bolling employed as many as 40 people, all of them black like him.

    One December day in 1947, a group of white men showed up along a stretch of Highway 80 just yards from Bolling’s home and store, where he lived with his wife, Bertha Mae, and their seven young children. The men confronted him on a section of road he had helped lay and shot him seven times — six times with a pistol and once with a shotgun blast to the back. His family rushed from the store to find him lying dead in a ditch.

    The shooters didn’t even cover their faces; they didn’t need to. Everyone knew who had done it and why. “He was too successful to be a Negro,” someone who knew Bolling told a newspaper at the time. When Bolling was killed, his family estimates he had as much as $40,000 in the bank and more than $5,000 in assets, about $500,000 in today’s dollars. But within months of his murder nearly all of it would be gone. White creditors and people posing as creditors took the money the family got from the sale of their trucks and cattle. They even staked claims on what was left of the family’s savings. The jobs that he provided were gone, too. Almost overnight the Bollings went from prosperity to poverty. Bertha Mae found work at a dry cleaner. The older children dropped out of school to help support the family. Within two years, the Bollings fled Lowndes County, fearing for their lives.

    The period that followed the Civil War was one of economic terror and wealth-stripping that has left black people at lasting economic disadvantage. White Americans have seven times the wealth of black Americans on average. Though black people make up nearly 13 percent of the United States population, they hold less than 3 percent of the nation’s total wealth. The median family wealth for white people is $171,000, compared with just $17,600 for black people. It is worse on the margins. According to the Economic Policy Institute, 19 percent of black households have zero or negative net worth. Just 9 percent of white families are that poor.

    Today’s racial wealth gap is perhaps the most glaring legacy of American slavery and the violent economic dispossession that followed. The fate suffered by Elmore Bolling and his family was not unique to them, or to Jim Crow Alabama. It was part of a much broader social and political campaign.

    “The origins of the racial wealth gap start with the failure to provide the formerly enslaved with the land grants of 40 acres,” says William A. Darity Jr., a professor of public policy and African-American studies at Duke University. Any financial progress that black people made was regarded as an affront to white supremacy. After a decade of black gains under Reconstruction, a much longer period of racial violence would wipe nearly all of it away.

    Seventy years later, the effects of Bolling’s murder are still felt by his children and their children. “There was no inheritance, nothing for my father to pass down, because it was all taken away,” says Josephine Bolling McCall...

    How America’s Vast Racial Wealth Gap Grew: By Plunder
     
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  2. miketx
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    miketx Diamond Member

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    We don't have slavery here. Move to Africa or the middle east where they do have it so you can be the slave you want to be.
     
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  3. Meathead
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    Meathead Gold Member

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    I thought the topic was slavery. You African brothers are being bought and sold in Africa. Go there, although presonally I wouldn't give a plug dinar for you.
     
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  4. IM2
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    The argument is not just about slavery
    Discussion in 'Race Relations/Racism' started by IM2, 37 minutes ago.
     
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  5. miketx
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    miketx Diamond Member

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  6. flacaltenn
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    flacaltenn Senior Mod Staff Member Senior USMB Moderator Gold Supporting Member

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    When the LAW doesn't work, it's always a problem.. Property rights are FUNDAMENTAL to Civil Liberties.. But Civil Liberties is a LARGER sphere than just property...

    This is why economic freedoms are just as important as social freedoms.. Redlining is economic tyranny if there is no way around it... Doesn't matter how "free" you are socially if the govt is involved in hobbling you economically...

    THe Bolling case couldn't happen today.. Couldn't happen for the past 40 years. But I'm wagering you're ALL FOR massive taxation and confiscatory death taxes on the rich -- am I CORRECT??

    But in fact, that would HOBBLE successful black families the most.. That first generation wealth accumulation should NEVER be confiscated... Not from the William's sisters or Tiger Woods or Damon John or Charles Payne....

    You love "death taxes" don'tcha?? They don't have to KILL anyone to rob their family's futures..... :dev3:
     
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  7. IM2
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    IM2 Platinum Member

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    The Bolling case could happen Flacaltenn. The government is not hobbling the rich.
     
  8. flacaltenn
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    flacaltenn Senior Mod Staff Member Senior USMB Moderator Gold Supporting Member

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    The fact you think it COULD happen means you have no confidence in the rule of law... I don't think it COULD happen without folks going to jail or the electric chair...

    And if the Bolling guy suffered a NATURAL DEATH and the 20 socialist wannabees that are running for President got their way ---- they would FORCE successful black family estates to liquidate many of the money making assets to pay the 50% tax... Grandma's Steinway would be the 1st thing to go...

    That's THEFT -- because they can... And black families would NEVER reach economic parity with those kind of ultra punitive measures. Maybe you should pay 1/2 as much as much attention to REAL CURRENT dangers as the ones you want to review from the past....
     
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  9. Olde Europe
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    The Bolling case (without killing off the head of the household) has happened, hundreds of thousands of times, during the run-up to the Great Recession, when criminal lenders specifically targeted blacks in black neighborhoods for predatory mortgages, shoving them into the subprime market, based on fine print no one understood. It's always those whose voices count least, in politics or before the courts, who are least able to fight back, who are the first victims of the vultures, back then as now. That's why the CFPB had to go, at least had to be emasculated, and is now headed by a lobbyist for the payday lending "industry", because no one stands in the way of the plutocratic vultures' financial interests.
     
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  10. IM2
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    No, I don't have confidence is the so called rule or law. It has failed blacks far more often than not. Fool, I am able to understand how past polices created the problems that cause current policy. Seems that's something you cannot do. There should not be so many first generations of black wealth in 2019 when we have been here since 1619 just like white people. Your argument is weak flacaltenn.
     
    Last edited: Aug 15, 2019

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