THIS is what needs to be said

[keepitreal]

Any person in America has access to opportunities. They may not have the skills or balls go go get them.

Things are definitely harder for people in ghettos than they are for whites in Mayberry. What do you want us to do about it? There are rich whites who do the hiring that don’t like blacks. These are mostly small and medium size corporations. What do you want us to force them to hire blacks? Big corporations have diversity programs. They are trying.

And not every small and medium size company is racist. It is what it is.

So besides that. Are blacks starting their own businesses and supporting other black businesses?

It seems to me like the first thing a black does when they get successful is leave the black community behind.

Leslee jones on snl sang, “people say I forgot where I came from. I tell them I liv3 here because I remember where I came from”

Again your opinion is not supported by fact. We put our tax dollars in the same pot as whites but do not get the same return on our tax dollars. If we did much of the blight affecting black communities would not exist.

For the past 30-40 years citizens in the black community in Chicago have asked for the same thing. In Baltimore they found it more important to improve downtown and the harbor but not the black communities next to them. In Portland Oregon white developers are getting city help to build in black communities using money blacks put in the pot relative to taxes. You consistently think you have something to say that I need to hear because you are white and we all must pay homage to the great white delusion of how they made it in America. You try pawning of that I was oppressed and the truth you weren't. Greeks are white.

This is 2019 and white racism is still strong. That means non whites DO NOT have the same access to opportunity no matter what you believe. You can do something but whites like you don't have the balls. You know other white people are out there practicing racism in employment but are too cowardly to use the legal means available to stop them. Then you want to sit on your white ass calling yourself instructing us then asking what are we going to do about the white racists you know in business who are breaking the law.

Again your opinion is not supported by fact. We put our tax dollars in the same pot as whites but do not get the same return on our tax dollars. If we did much of the blight affecting black communities would not exist.

223,553 million white Americans, (includes white hispanics)
72% of the total U.S. population (2010)

197,285 million white Americans (non Hispanic)
60.7% of the total U.S. population (2017)

37,144 million black Americans (non Hispanic)
42 million black Americans (multi racial
45,789 million black Americans (multi racial)

WTF...I’M CANT EVEN FINISH, I’M SO FUCKING PISSED....

For the past 30-40 years citizens in the black community in Chicago have asked for the same thing.

AND BLACKS SHOULD BE TOO...
WHY THEY ARE NOT, IS BEYOND ME!

Long story short

Looking for data to use in my reply
Came across....

Although the American Community Survey (ACS) produces population, demographic and housing unit estimates, it is the Census Bureau's Population Estimates Program that produces and disseminates the official estimates of the population for the nation, states, counties, cities, and towns and estimates of housing units for states and counties.

100,000 million Hispanic, Latino, Mexican population, ALONE
(58,846 million Hispanic or Latino)
(36,668 million Mexican)

Add in Puerto Rican, Cuba, other Hispanic or Latinos
Another 23 million

THAT IS 123 MILLION, AT THE VERY LEAST
OF HISPANIC/LATINOS IN AMERICA

Fact Finder: U.S. Census Bureau

Now, THIS DOES NOT ACCOUNT FOR
THE 26.7 MILLION WHITE HISPANICS,
WHO IDENTIFIED AS HISPANIC OR LATINO
BUT, ALSO SELF IDENTIFIED AS WHITE

NOR DOES IT ACCOUNT FOR
THE HISPANIC/LATINO INDIVIDUALS
SELF IDENTIFING AS WHITE...PERIOD

In the 2010 United States Census, 50.5 million Americans (16.3% of the total population) listed themselves as ethnically Hispanic or Latino. Of those, 53.0% (26.7 million) self-identified as racially white. The remaining respondents listed their races as: some other race 36.7%, two or more races (multiracial) 6.0%, Black or African American 2.5%, American Indian and Alaska Native 1.4%, Asian 0.4%, and Native Hawaiian or other Pacific Islander 0.1%.

The respondents in the "some other race" category are reclassified as white by the Census Bureau in its official estimates of race. This means that more than 90% of all Hispanic or Latino Americans are counted as "white" in some statistics of the US government.

Hispanics and Latinos who are native-born and those who are immigrant identify as White in nearly identical percentages:
53.9 and 53.7, respectively, per figures from 2007.
The overall Hispanic or Latino ratio was 53.8%.

Based on the definitions created by
The Office of Management and Budget
and the U.S. Census Bureau,

the concepts of ethnicity and race
are mutually independent, thus,
Hispanicity is not the same as race,
and constitutes an ethnicity category
as opposed to, a racial category....

the only one of which that is officially collated by the U.S

White Americans are therefore referenced as
white Hispanics and non-Hispanic whites,
the former consisting of white Americans
who report Hispanophone (Spanish Hispanic Latin America),
and the latter consisting of white Americans
who do not report Hispanophone ancestry.

WTF

White Hispanics and Latino Americans

WELL OF COURSE THE DEFINITIONS
THAT DEFINE WHAT CONSTITUTES
THE AVAILABLE CHOICES
AND DECIDED WHAT CHOICES YOU WOULD HAVE
WERE SET BY THE BUDGET OFFICE

AND PRESENTED IN SUCH A WAY
BY THE U.S. CENSUS BUREAU
SO YOU ONLY SEE THE PAINT,
NOT THE ACTUAL PAINTING!!!

Furthermore, this is what actually set me off...

The employment–population ratio
(that is, the proportion of the population that is employed)

The employment–population ratio was 57.6 percent for Blacks,
60.4 percent for Whites and 62.7 percent for Hispanics.

62.4% for individuals of 2 or more races....
MORE HISPANICS, NO DOUBT

THERE ARE MORE HISPANICS WORKING
THEN BLACKS OR WHITES

BLS reports
Tell me IM2, how is this not a problem for you?

Since you are so in tune with your people,
enlighten me as to why, other then,
blacks we see/hear from, in the media
that condemn a wall or trying to keep immigrants out
the black community has remained silent
and don’t have an issue with taking a backseat to Mexicans now

WTF...UNBELIEVABLE

HONESTLY IM2, how can you think Pelosi, Waters and Dems
are better for blacks and the black communities?

FOR 28 YEARS, SF AND THE BAY AREA
HAS BEEN REPRESENTED BY NANCY PELOSI
AND A STRONGHOLD BLUE CITY

In 1970, there were more than 96,000 black residents.
By 2016, the population had shrunk to 43,000
with most living in public housing.
Blacks are 6% of the population,

According to figures from the 2010 census,
121,744 Hispanics and Latinos were 15% of the population
That was 2010

Whites account for 44% of the population
300,000, give or take

And, it’s give or take because
THERE ARE CONFLICTING NUMBERS
BECAUSE THEY ARE COUNTING MEXICANS AS WHITE

Districts 6, 9 and 10 are the Mission district
and the heaviest concentration of the Hispanic population

Yet, from the same report...

I found it pretty interesting,
when I read this in the same report...

Dispelling the notion that the majority of those on our streets have drifted here from elsewhere to receive free services and food,
69% of the homeless population claim they lived in
San Francisco housing prior to becoming homeless,

Just the fact, this was included in the report
tells me they are addressing what others in SF
are contributing the problems to

Dispelling...the notion

People in the community know what they see
and what they are seeing, leads them to believe
and what the city of San Francisco wants to dispel,
by the report

Believe me when I say....
NO ONE IN THE COMMUNITY THIS PROBLEM EFFECTS
IS REFERRING TO BLACKS AND WHITES
FLOODING INTO THE CITY FROM ELSEWHERE
FOR FREE SERVICES AND FOOD

IF BLACKS ARE ONLY 6% OF TOTAL POPULATION
AND REPRESENT 34% OF THE HOMELESS POPULATION
YOU EXPECT ME TO BELIEVE, OVER 121,000 MEXICANS
AND THEY ONLY REPRESENT 22% OF THE HOMELESS

FUCK OFF

In order for SF to get federal money to
‘fight the homeless problem’
these Homeless Census Reports
have to be filed every 2 years

The city of San Francisco has been dramatically increasing expenditure directed towards alleviating the homelessness crisis: spending jumped by $241 million in 2016-17 to total $275 million, compared to a budget of just $34 million the previous year. In 2017-18 the budget for combatting homelessness, much of which is directed towards the building of new shelters and expanding capacity, stood at $305 million.

In January 2018 a United Nations special rapporteur on homelessness, Leilani Farha, stated that she was "completely shocked" by San Francisco's homelessness crisis during a visit to the city. She compared the "deplorable conditions" of the homeless camps she witnessed on San Francisco's streets to those she had seen in Mumbai.

San Francisco

Back to spending...

On October 24, 2013, the Kellogg Foundation sent out a press release about a report they had done entitled, “The Business Case for Racial Equity”. This was a study done by the Kellogg Foundation, using information it had studied and assessed from the Center for American Progress, National Urban League Policy Institute, Joint Center for Political and Economic Studies and the U.S. Department of Justice.

“Striving for racial equity – a world where race is no longer a factor in the distribution of opportunity – is a matter of social justice. But moving toward racial equity can generate significant economic returns as well. When people face barriers to achieving their full potential, the loss of talent, creativity, energy, and productivity is a burden not only for those disadvantaged, but for communities, businesses, governments, and the economy as a whole. Initial research on the magnitude of this burden in the United States (U.S.), as highlighted in this brief, reveals impacts in the trillions of dollars in lost earnings, avoidable public expenditures, and lost economic output.”

The Kellogg Foundation and Altarum Institute

In 2011, DEMOS did a study named “The Racial Wealth Gap, Why Policy Matters”, which discussed the racial wealth gap, the problems associated with it and solutions and outcomes if the gap did not exist. In this study DEMOS determined that the racial wealth gap was primarily driven by policy decisions.

“The U.S. racial wealth gap is substantial and is driven by public policy decisions. According to our analysis of the SIPP data, in 2011 the median white household had $111,146 in wealth holdings, compared to just $7,113 for the median Black household and $8,348 for the median Latino household. From the continuing impact of redlining on American homeownership to the retreat from desegregation in public education, public policy has shaped these disparities, leaving them impossible to overcome without racially-aware policy change.”

“Eliminating disparities in homeownership rates and returns would substantially reduce the racial wealth gap. While 73 percent of white households owned their own homes in 2011, only 47 percent of Latinos and 45 percent of Blacks were homeowners. In addition, Black and Latino homeowners saw less return in wealth on their investment in homeownership: for every $1 in wealth that accrues to median Black households as a result of homeownership, median white households accrue $1.34; meanwhile for every $1 in wealth that accrues to median Latino households as a result of homeownership, median white households accrue $1.54.”

“If public policy successfully eliminated racial disparities in homeownership rates, so that Blacks and Latinos were as likely as white households to own their homes, median Black wealth would grow $32,113 and the wealth gap between Black and white households would shrink 31 percent. Median Latino wealth would grow $29,213 and the wealth gap with white households would shrink 28 percent.”

“If public policy successfully equalized the return on homeownership, so that Blacks and Latinos saw the same financial gains as whites as a result of being homeowners, median Black wealth would grow $17,113 and the wealth gap between Black and white households would shrink 16 percent. Median Latino wealth would grow $41,652 and the wealth gap with white households would shrink 41 percent.”

“Eliminating disparities in college graduation and the return on a college degree would have a modest direct impact on the racial wealth gap. In 2011, 34 percent of whites had completed four-year college degrees compared to just 20 percent of Blacks and 13 percent of Latinos. In addition, Black and Latino college graduates saw a lower return on their degrees than white graduates: for every $1 in wealth that accrues to median Black households associated with a college degree, median white households accrue $11.49. Meanwhile for every $1 in wealth that accrues to median Latino households associated with a college degree, median white households accrue $13.33.”

“If public policy successfully eliminated racial disparities in college graduation rates, median Black wealth would grow $1,313 and the wealth gap between Black and white households would shrink 1 percent. Median Latino wealth would grow $3,528 and the wealth gap with white households would shrink 3 percent. “

“If public policy successfully equalized the return to college graduation, median Black wealth would grow $10,786 and the wealth gap between Black and white households would shrink 10 percent. Median Latino wealth would grow $5,878 and the wealth gap with white households would shrink 6 percent.”

“Eliminating disparities in income—and even more so, the wealth return on income—would substantially reduce the racial wealth gap. Yet in 2011, the median white household had an income of $50,400 a year compared to just $32,028 for Blacks and $36,840 for Latinos. Black and Latino households also see less of a return than white households on the income they earn: for every $1 in wealth that accrues to median Black households associated with a higher income, median white households accrue $4.06. Meanwhile, for every $1 in wealth that accrues to median Latino households associated with higher income, median white households accrue $5.37.”

“If public policy successfully eliminated racial disparities in income, median Black wealth would grow $11,488 and the wealth gap between Black and white households would shrink 11 percent. Median Latino wealth would grow $8,765 and the wealth gap with white households would shrink 9 percent.”

“If public policy successfully equalized the return to income, so that each additional dollar of income going to Black and Latino households was converted to wealth at the same rate as white households, median Black wealth would grow $44,963 and median Latino wealth would grow $51,552. This would shrink the wealth gap with white households by 43 and 50 percent respectively.”

Now STFU.

Now STFU

No African...YOU shut the fuck up!

If public policy successfully eliminated racial disparities in homeownership rates, so that Blacks and Latinos were as likely as white households to own their homes,

Bitch...been there done that

Under Obama, all gains in African wealth, were lost
This wealth was gained, under Clinton

Granting loans based on income, job history
debt ratio and credit score(worthiness)
is not redlining, it’s practical

No one is entitled to own a home
unless they can afford it

If public policy successfully equalized the return on homeownership, so that Blacks and Latinos saw the same financial gains as whites as a result of being homeowners,

What, create policies forcing buyers to pay top dollar on a home
that wasn’t taken care of, in a shithole neighborhood

If public policy successfully eliminated racial disparities in college graduation rates, median Black wealth would grow $1,313

What, create policies to give Africans degrees

So, current public policy is to blame
for the rate of Africans graduating from college?

If public policy successfully equalized the return to college graduation, median Black wealth would grow $10,786

So, current public policy is to blame
for African choices and responsibilities?

So, if an African graduates college
but, has outstanding debt, expensive taste,
maybe they already have a couple kids,
maybe they chose a field that wasn’t practical...

That’s whose fault?
White people and public policy

If public policy successfully eliminated racial disparities in income, median Black wealth would grow $11,488

So, people who work at McDonalds or Walmart
should make the same as a nurse

So, Africans being limited to low paying jobs
is the result of public policy

If public policy successfully equalized the return to income, so that each additional dollar of income going to Black and Latino households was converted to wealth at the same rate as white households

Again, if Africans obligations or spending habits
prevent them from accumulating wealth
because they spend their money foolishly
or are taking care of their responsibilities
how is anyone or anything else to blame?

You want policies to give Africans loans, again,
so they can buy homes they can’t afford and won’t take care of
and force potential buyers to pay more then the house is worth

You want policies to give Africans college degrees
so there are as many Africans with a college degree as whites

You want policies that require paying Africans,
working low paying jobs, top dollar

You want policies that create wealth
because their obligations and poor choices
prevent them from accumulating wealth otherwise

Go fuck yourself African

Thank goodness for liberal policies, affirmative action, diversity programs, labor laws, unions that blacks made the gains until Reagan and the bush’s caused a Great Recession.

Turned Clinton’s surplus into a Great Recession. Then obama had to clean up the mess.

Thank goodness for liberal policies, affirmative action, diversity programs, labor laws, unions that blacks made the gains until Reagan and the bush’s caused a Great Recession.

Turned Clinton’s surplus into a Great Recession. Then obama had to clean up the mess.

Clinton’s lending policies, which enabled
low income Africans, with unstable work history,
low credit scores and were risky, to secure loans

caused the housing crisis...African foreclosures
were already on the rise in 2007

What mess did Obama clean up?

Out of over 23 TRILLION DOLLARS
handed over to Wall Street,
less than 4 BILLION DOLLARS was spent,
to help low income, minority homeowners
at the greatest risk of foreclosure
when he earmarked 50 BILLION DOLLARS,
specifically for these homeowners with HAMP

By the end of Obama’s presidency
all gains Africans had accumulated under Clinton
vanished and have yet to be recovered

 

[IM2]

After reading #177, then this ^....

ROFLMFAO

At this point...too bad, call someone who cares

Blacks can’t even manage the countries they dominate

(CNN) In Africa, less than one in three people
have a proper drainage system,
half of the population live in areas without paved roads,
and only 63% have access to piped water.
Yet, 93% of Africans have cell phone service.

Although it has abundant natural resources, Africa remains
the world's poorest and most under-equipped continent

Poverty, illiteracy, malnutrition and inadequate water supply
and sanitation, as well as poor health, affect a large proportion
of the people who reside in the African continent

The average poor person in sub-Saharan Africa is estimated to live on only 70 cents per day, and was poorer in 2003 than in 1973,

The continent is believed to hold 90% of the world's cobalt,
90% of its platinum, 50% of its gold, 98% of its chromium,
70% of its tantalite, 64% of its manganese
and one-third of its uranium.

The Democratic Republic of the Congo (DRC) has 70%
of the world's coltan, a mineral used in the production of
tantalum capacitors for electronic devices such as cell phones.
The DRC also has more than 30% of the world's diamond reserves.

During US President Barack Obama's visit to Africa in July 2013,
he announced a US $7 billion plan to further develop infrastructure
and work more intensively with African heads of state.

With 1.2 billion people as of 2016, it accounts for about
16% of the world's human population.

Africa's population has rapidly increased over the last 40 years,

The total number of people in Africa increased from
229 million in 1950 to 630 million in 1990.
As of 2016, the population of Africa is estimated at 1.2 billion

Africa's rapid population growth is expected to overtake
the only two nations currently larger than its population,
at roughly the same time – India and China's 1.4 billion people
each will swap ranking around the year 2022.

This increase in number of babies born in Africa compared to
the rest of the world is expected to reach approximately
37% in the year 2050, an increase of 21% since 1990 alone

ROFLMFAO...Obviously, an African trait

Buy what I want, beg for what I need
Live like a bum, look like a million
Have kids I can’t feed or provide shelter for
Have kids, then more kids,...
there aren’t enough emancipated children
reduced to skin and bones, wailing, covered with flies

Ignorance, irresponsibility, selfishness, inferior

So, stop being so ungrateful...
A Thank You would be nice

If white people didn’t bring Africans to America,
you’d be talking on your phone and shitting in a bucket...

That’s if you’re one of the better class of Africans

You could be waiting for the next shipment of
rice and energy bars from the United States

You could be trying to sneak in....
And why we want/need walls...to keep you out

Whites don’t owe blacks shit!

Money? Please, f*ck you

We give and have given yous enough

25% of assimilated Africans in the U.S.
take the opportunities whites have given them,
75% of Africans in the U.S. take the handouts instead

Figure in your distant family members, in Africa alone...

Africans owe white people money!

You are not an African American, you are an African,
lucky enough to have been born in America
because your distant relatives were
taken from Africa and brought to America

So, say Thank You
or shut the f*ck up and deal with it

Im2 says they don’t need or want our help. And it seems that there are enough blacks with enough wealth that they have everything they need to show us what they can do. Pick a city, elect blacks to run the city. Have spike lee and Beyoncé and tiger woods start grocery stores and shopping malls. Thrive. Don’t ask for federal help but we know they will because so do white communities. Start producing things white Americans want to buy so you have something to trade.

IM2 is saying our dollars have helped make whites rich so you need to drop the arrogance and the lies you tell yourself.

I'm not rich though. Must be someone's holding me back, and not my own fault. Still waiting on that big government handout and the accompanying whiteness award. Any day now, I'm sure.

Yawn.

You're right, boring subject. That must be why you're obsessed with it.

You are boring. The subject is not. I am obsessed with my survival just like you are. But you're young and stupid so your attitude is expected.

 

[IM2]

Again your opinion is not supported by fact. We put our tax dollars in the same pot as whites but do not get the same return on our tax dollars. If we did much of the blight affecting black communities would not exist.

For the past 30-40 years citizens in the black community in Chicago have asked for the same thing. In Baltimore they found it more important to improve downtown and the harbor but not the black communities next to them. In Portland Oregon white developers are getting city help to build in black communities using money blacks put in the pot relative to taxes. You consistently think you have something to say that I need to hear because you are white and we all must pay homage to the great white delusion of how they made it in America. You try pawning of that I was oppressed and the truth you weren't. Greeks are white.

This is 2019 and white racism is still strong. That means non whites DO NOT have the same access to opportunity no matter what you believe. You can do something but whites like you don't have the balls. You know other white people are out there practicing racism in employment but are too cowardly to use the legal means available to stop them. Then you want to sit on your white ass calling yourself instructing us then asking what are we going to do about the white racists you know in business who are breaking the law.

Again your opinion is not supported by fact. We put our tax dollars in the same pot as whites but do not get the same return on our tax dollars. If we did much of the blight affecting black communities would not exist.

223,553 million white Americans, (includes white hispanics)
72% of the total U.S. population (2010)

197,285 million white Americans (non Hispanic)
60.7% of the total U.S. population (2017)

37,144 million black Americans (non Hispanic)
42 million black Americans (multi racial
45,789 million black Americans (multi racial)

WTF...I’M CANT EVEN FINISH, I’M SO FUCKING PISSED....

For the past 30-40 years citizens in the black community in Chicago have asked for the same thing.

AND BLACKS SHOULD BE TOO...
WHY THEY ARE NOT, IS BEYOND ME!

Long story short

Looking for data to use in my reply
Came across....

Although the American Community Survey (ACS) produces population, demographic and housing unit estimates, it is the Census Bureau's Population Estimates Program that produces and disseminates the official estimates of the population for the nation, states, counties, cities, and towns and estimates of housing units for states and counties.

100,000 million Hispanic, Latino, Mexican population, ALONE
(58,846 million Hispanic or Latino)
(36,668 million Mexican)

Add in Puerto Rican, Cuba, other Hispanic or Latinos
Another 23 million

THAT IS 123 MILLION, AT THE VERY LEAST
OF HISPANIC/LATINOS IN AMERICA

Fact Finder: U.S. Census Bureau

Now, THIS DOES NOT ACCOUNT FOR
THE 26.7 MILLION WHITE HISPANICS,
WHO IDENTIFIED AS HISPANIC OR LATINO
BUT, ALSO SELF IDENTIFIED AS WHITE

NOR DOES IT ACCOUNT FOR
THE HISPANIC/LATINO INDIVIDUALS
SELF IDENTIFING AS WHITE...PERIOD

In the 2010 United States Census, 50.5 million Americans (16.3% of the total population) listed themselves as ethnically Hispanic or Latino. Of those, 53.0% (26.7 million) self-identified as racially white. The remaining respondents listed their races as: some other race 36.7%, two or more races (multiracial) 6.0%, Black or African American 2.5%, American Indian and Alaska Native 1.4%, Asian 0.4%, and Native Hawaiian or other Pacific Islander 0.1%.

The respondents in the "some other race" category are reclassified as white by the Census Bureau in its official estimates of race. This means that more than 90% of all Hispanic or Latino Americans are counted as "white" in some statistics of the US government.

Hispanics and Latinos who are native-born and those who are immigrant identify as White in nearly identical percentages:
53.9 and 53.7, respectively, per figures from 2007.
The overall Hispanic or Latino ratio was 53.8%.

Based on the definitions created by
The Office of Management and Budget
and the U.S. Census Bureau,

the concepts of ethnicity and race
are mutually independent, thus,
Hispanicity is not the same as race,
and constitutes an ethnicity category
as opposed to, a racial category....

the only one of which that is officially collated by the U.S

White Americans are therefore referenced as
white Hispanics and non-Hispanic whites,
the former consisting of white Americans
who report Hispanophone (Spanish Hispanic Latin America),
and the latter consisting of white Americans
who do not report Hispanophone ancestry.

WTF

White Hispanics and Latino Americans

WELL OF COURSE THE DEFINITIONS
THAT DEFINE WHAT CONSTITUTES
THE AVAILABLE CHOICES
AND DECIDED WHAT CHOICES YOU WOULD HAVE
WERE SET BY THE BUDGET OFFICE

AND PRESENTED IN SUCH A WAY
BY THE U.S. CENSUS BUREAU
SO YOU ONLY SEE THE PAINT,
NOT THE ACTUAL PAINTING!!!

Furthermore, this is what actually set me off...

The employment–population ratio
(that is, the proportion of the population that is employed)

The employment–population ratio was 57.6 percent for Blacks,
60.4 percent for Whites and 62.7 percent for Hispanics.

62.4% for individuals of 2 or more races....
MORE HISPANICS, NO DOUBT

THERE ARE MORE HISPANICS WORKING
THEN BLACKS OR WHITES

BLS reports
Tell me IM2, how is this not a problem for you?

Since you are so in tune with your people,
enlighten me as to why, other then,
blacks we see/hear from, in the media
that condemn a wall or trying to keep immigrants out
the black community has remained silent
and don’t have an issue with taking a backseat to Mexicans now

WTF...UNBELIEVABLE

HONESTLY IM2, how can you think Pelosi, Waters and Dems
are better for blacks and the black communities?

FOR 28 YEARS, SF AND THE BAY AREA
HAS BEEN REPRESENTED BY NANCY PELOSI
AND A STRONGHOLD BLUE CITY

In 1970, there were more than 96,000 black residents.
By 2016, the population had shrunk to 43,000
with most living in public housing.
Blacks are 6% of the population,

According to figures from the 2010 census,
121,744 Hispanics and Latinos were 15% of the population
That was 2010

Whites account for 44% of the population
300,000, give or take

And, it’s give or take because
THERE ARE CONFLICTING NUMBERS
BECAUSE THEY ARE COUNTING MEXICANS AS WHITE

Districts 6, 9 and 10 are the Mission district
and the heaviest concentration of the Hispanic population

Yet, from the same report...

I found it pretty interesting,
when I read this in the same report...

Dispelling the notion that the majority of those on our streets have drifted here from elsewhere to receive free services and food,
69% of the homeless population claim they lived in
San Francisco housing prior to becoming homeless,

Just the fact, this was included in the report
tells me they are addressing what others in SF
are contributing the problems to

Dispelling...the notion

People in the community know what they see
and what they are seeing, leads them to believe
and what the city of San Francisco wants to dispel,
by the report

Believe me when I say....
NO ONE IN THE COMMUNITY THIS PROBLEM EFFECTS
IS REFERRING TO BLACKS AND WHITES
FLOODING INTO THE CITY FROM ELSEWHERE
FOR FREE SERVICES AND FOOD

IF BLACKS ARE ONLY 6% OF TOTAL POPULATION
AND REPRESENT 34% OF THE HOMELESS POPULATION
YOU EXPECT ME TO BELIEVE, OVER 121,000 MEXICANS
AND THEY ONLY REPRESENT 22% OF THE HOMELESS

FUCK OFF

In order for SF to get federal money to
‘fight the homeless problem’
these Homeless Census Reports
have to be filed every 2 years

The city of San Francisco has been dramatically increasing expenditure directed towards alleviating the homelessness crisis: spending jumped by $241 million in 2016-17 to total $275 million, compared to a budget of just $34 million the previous year. In 2017-18 the budget for combatting homelessness, much of which is directed towards the building of new shelters and expanding capacity, stood at $305 million.

In January 2018 a United Nations special rapporteur on homelessness, Leilani Farha, stated that she was "completely shocked" by San Francisco's homelessness crisis during a visit to the city. She compared the "deplorable conditions" of the homeless camps she witnessed on San Francisco's streets to those she had seen in Mumbai.

San Francisco

Back to spending...

On October 24, 2013, the Kellogg Foundation sent out a press release about a report they had done entitled, “The Business Case for Racial Equity”. This was a study done by the Kellogg Foundation, using information it had studied and assessed from the Center for American Progress, National Urban League Policy Institute, Joint Center for Political and Economic Studies and the U.S. Department of Justice.

“Striving for racial equity – a world where race is no longer a factor in the distribution of opportunity – is a matter of social justice. But moving toward racial equity can generate significant economic returns as well. When people face barriers to achieving their full potential, the loss of talent, creativity, energy, and productivity is a burden not only for those disadvantaged, but for communities, businesses, governments, and the economy as a whole. Initial research on the magnitude of this burden in the United States (U.S.), as highlighted in this brief, reveals impacts in the trillions of dollars in lost earnings, avoidable public expenditures, and lost economic output.”

The Kellogg Foundation and Altarum Institute

In 2011, DEMOS did a study named “The Racial Wealth Gap, Why Policy Matters”, which discussed the racial wealth gap, the problems associated with it and solutions and outcomes if the gap did not exist. In this study DEMOS determined that the racial wealth gap was primarily driven by policy decisions.

“The U.S. racial wealth gap is substantial and is driven by public policy decisions. According to our analysis of the SIPP data, in 2011 the median white household had $111,146 in wealth holdings, compared to just $7,113 for the median Black household and $8,348 for the median Latino household. From the continuing impact of redlining on American homeownership to the retreat from desegregation in public education, public policy has shaped these disparities, leaving them impossible to overcome without racially-aware policy change.”

“Eliminating disparities in homeownership rates and returns would substantially reduce the racial wealth gap. While 73 percent of white households owned their own homes in 2011, only 47 percent of Latinos and 45 percent of Blacks were homeowners. In addition, Black and Latino homeowners saw less return in wealth on their investment in homeownership: for every $1 in wealth that accrues to median Black households as a result of homeownership, median white households accrue $1.34; meanwhile for every $1 in wealth that accrues to median Latino households as a result of homeownership, median white households accrue $1.54.”

“If public policy successfully eliminated racial disparities in homeownership rates, so that Blacks and Latinos were as likely as white households to own their homes, median Black wealth would grow $32,113 and the wealth gap between Black and white households would shrink 31 percent. Median Latino wealth would grow $29,213 and the wealth gap with white households would shrink 28 percent.”

“If public policy successfully equalized the return on homeownership, so that Blacks and Latinos saw the same financial gains as whites as a result of being homeowners, median Black wealth would grow $17,113 and the wealth gap between Black and white households would shrink 16 percent. Median Latino wealth would grow $41,652 and the wealth gap with white households would shrink 41 percent.”

“Eliminating disparities in college graduation and the return on a college degree would have a modest direct impact on the racial wealth gap. In 2011, 34 percent of whites had completed four-year college degrees compared to just 20 percent of Blacks and 13 percent of Latinos. In addition, Black and Latino college graduates saw a lower return on their degrees than white graduates: for every $1 in wealth that accrues to median Black households associated with a college degree, median white households accrue $11.49. Meanwhile for every $1 in wealth that accrues to median Latino households associated with a college degree, median white households accrue $13.33.”

“If public policy successfully eliminated racial disparities in college graduation rates, median Black wealth would grow $1,313 and the wealth gap between Black and white households would shrink 1 percent. Median Latino wealth would grow $3,528 and the wealth gap with white households would shrink 3 percent. “

“If public policy successfully equalized the return to college graduation, median Black wealth would grow $10,786 and the wealth gap between Black and white households would shrink 10 percent. Median Latino wealth would grow $5,878 and the wealth gap with white households would shrink 6 percent.”

“Eliminating disparities in income—and even more so, the wealth return on income—would substantially reduce the racial wealth gap. Yet in 2011, the median white household had an income of $50,400 a year compared to just $32,028 for Blacks and $36,840 for Latinos. Black and Latino households also see less of a return than white households on the income they earn: for every $1 in wealth that accrues to median Black households associated with a higher income, median white households accrue $4.06. Meanwhile, for every $1 in wealth that accrues to median Latino households associated with higher income, median white households accrue $5.37.”

“If public policy successfully eliminated racial disparities in income, median Black wealth would grow $11,488 and the wealth gap between Black and white households would shrink 11 percent. Median Latino wealth would grow $8,765 and the wealth gap with white households would shrink 9 percent.”

“If public policy successfully equalized the return to income, so that each additional dollar of income going to Black and Latino households was converted to wealth at the same rate as white households, median Black wealth would grow $44,963 and median Latino wealth would grow $51,552. This would shrink the wealth gap with white households by 43 and 50 percent respectively.”

Now STFU.

Now STFU

No African...YOU shut the fuck up!

If public policy successfully eliminated racial disparities in homeownership rates, so that Blacks and Latinos were as likely as white households to own their homes,

Bitch...been there done that

Under Obama, all gains in African wealth, were lost
This wealth was gained, under Clinton

Granting loans based on income, job history
debt ratio and credit score(worthiness)
is not redlining, it’s practical

No one is entitled to own a home
unless they can afford it

If public policy successfully equalized the return on homeownership, so that Blacks and Latinos saw the same financial gains as whites as a result of being homeowners,

What, create policies forcing buyers to pay top dollar on a home
that wasn’t taken care of, in a shithole neighborhood

If public policy successfully eliminated racial disparities in college graduation rates, median Black wealth would grow $1,313

What, create policies to give Africans degrees

So, current public policy is to blame
for the rate of Africans graduating from college?

If public policy successfully equalized the return to college graduation, median Black wealth would grow $10,786

So, current public policy is to blame
for African choices and responsibilities?

So, if an African graduates college
but, has outstanding debt, expensive taste,
maybe they already have a couple kids,
maybe they chose a field that wasn’t practical...

That’s whose fault?
White people and public policy

If public policy successfully eliminated racial disparities in income, median Black wealth would grow $11,488

So, people who work at McDonalds or Walmart
should make the same as a nurse

So, Africans being limited to low paying jobs
is the result of public policy

If public policy successfully equalized the return to income, so that each additional dollar of income going to Black and Latino households was converted to wealth at the same rate as white households

Again, if Africans obligations or spending habits
prevent them from accumulating wealth
because they spend their money foolishly
or are taking care of their responsibilities
how is anyone or anything else to blame?

You want policies to give Africans loans, again,
so they can buy homes they can’t afford and won’t take care of
and force potential buyers to pay more then the house is worth

You want policies to give Africans college degrees
so there are as many Africans with a college degree as whites

You want policies that require paying Africans,
working low paying jobs, top dollar

You want policies that create wealth
because their obligations and poor choices
prevent them from accumulating wealth otherwise

Go fuck yourself African

Thank goodness for liberal policies, affirmative action, diversity programs, labor laws, unions that blacks made the gains until Reagan and the bush’s caused a Great Recession.

Turned Clinton’s surplus into a Great Recession. Then obama had to clean up the mess.

Thank goodness for liberal policies, affirmative action, diversity programs, labor laws, unions that blacks made the gains until Reagan and the bush’s caused a Great Recession.

Turned Clinton’s surplus into a Great Recession. Then obama had to clean up the mess.

Clinton’s lending policies, which enabled
low income Africans, with unstable work history,
low credit scores and were risky, to secure loans

caused the housing crisis...African foreclosures
were already on the rise in 2007

What mess did Obama clean up?

Out of over 23 TRILLION DOLLARS
handed over to Wall Street,
less than 4 BILLION DOLLARS was spent,
to help low income, minority homeowners
at the greatest risk of foreclosure
when he earmarked 50 BILLION DOLLARS,
specifically for these homeowners with HAMP

By the end of Obama’s presidency
all gains Africans had accumulated under Clinton
vanished and have yet to be recovered

Clinton did no such thing . Everything you posted is incorrect.

 

[keepitreal]

223,553 million white Americans, (includes white hispanics)
72% of the total U.S. population (2010)

197,285 million white Americans (non Hispanic)
60.7% of the total U.S. population (2017)

37,144 million black Americans (non Hispanic)
42 million black Americans (multi racial
45,789 million black Americans (multi racial)

WTF...I’M CANT EVEN FINISH, I’M SO FUCKING PISSED....

AND BLACKS SHOULD BE TOO...
WHY THEY ARE NOT, IS BEYOND ME!

Long story short

Looking for data to use in my reply
Came across....

Although the American Community Survey (ACS) produces population, demographic and housing unit estimates, it is the Census Bureau's Population Estimates Program that produces and disseminates the official estimates of the population for the nation, states, counties, cities, and towns and estimates of housing units for states and counties.

100,000 million Hispanic, Latino, Mexican population, ALONE
(58,846 million Hispanic or Latino)
(36,668 million Mexican)

Add in Puerto Rican, Cuba, other Hispanic or Latinos
Another 23 million

THAT IS 123 MILLION, AT THE VERY LEAST
OF HISPANIC/LATINOS IN AMERICA

Fact Finder: U.S. Census Bureau

Now, THIS DOES NOT ACCOUNT FOR
THE 26.7 MILLION WHITE HISPANICS,
WHO IDENTIFIED AS HISPANIC OR LATINO
BUT, ALSO SELF IDENTIFIED AS WHITE

NOR DOES IT ACCOUNT FOR
THE HISPANIC/LATINO INDIVIDUALS
SELF IDENTIFING AS WHITE...PERIOD

In the 2010 United States Census, 50.5 million Americans (16.3% of the total population) listed themselves as ethnically Hispanic or Latino. Of those, 53.0% (26.7 million) self-identified as racially white. The remaining respondents listed their races as: some other race 36.7%, two or more races (multiracial) 6.0%, Black or African American 2.5%, American Indian and Alaska Native 1.4%, Asian 0.4%, and Native Hawaiian or other Pacific Islander 0.1%.

The respondents in the "some other race" category are reclassified as white by the Census Bureau in its official estimates of race. This means that more than 90% of all Hispanic or Latino Americans are counted as "white" in some statistics of the US government.

Hispanics and Latinos who are native-born and those who are immigrant identify as White in nearly identical percentages:
53.9 and 53.7, respectively, per figures from 2007.
The overall Hispanic or Latino ratio was 53.8%.

Based on the definitions created by
The Office of Management and Budget
and the U.S. Census Bureau,

the concepts of ethnicity and race
are mutually independent, thus,
Hispanicity is not the same as race,
and constitutes an ethnicity category
as opposed to, a racial category....

the only one of which that is officially collated by the U.S

White Americans are therefore referenced as
white Hispanics and non-Hispanic whites,
the former consisting of white Americans
who report Hispanophone (Spanish Hispanic Latin America),
and the latter consisting of white Americans
who do not report Hispanophone ancestry.

WTF

White Hispanics and Latino Americans

WELL OF COURSE THE DEFINITIONS
THAT DEFINE WHAT CONSTITUTES
THE AVAILABLE CHOICES
AND DECIDED WHAT CHOICES YOU WOULD HAVE
WERE SET BY THE BUDGET OFFICE

AND PRESENTED IN SUCH A WAY
BY THE U.S. CENSUS BUREAU
SO YOU ONLY SEE THE PAINT,
NOT THE ACTUAL PAINTING!!!

Furthermore, this is what actually set me off...

The employment–population ratio
(that is, the proportion of the population that is employed)

The employment–population ratio was 57.6 percent for Blacks,
60.4 percent for Whites and 62.7 percent for Hispanics.

62.4% for individuals of 2 or more races....
MORE HISPANICS, NO DOUBT

THERE ARE MORE HISPANICS WORKING
THEN BLACKS OR WHITES

BLS reports
Tell me IM2, how is this not a problem for you?

Since you are so in tune with your people,
enlighten me as to why, other then,
blacks we see/hear from, in the media
that condemn a wall or trying to keep immigrants out
the black community has remained silent
and don’t have an issue with taking a backseat to Mexicans now

WTF...UNBELIEVABLE

HONESTLY IM2, how can you think Pelosi, Waters and Dems
are better for blacks and the black communities?

FOR 28 YEARS, SF AND THE BAY AREA
HAS BEEN REPRESENTED BY NANCY PELOSI
AND A STRONGHOLD BLUE CITY

In 1970, there were more than 96,000 black residents.
By 2016, the population had shrunk to 43,000
with most living in public housing.
Blacks are 6% of the population,

According to figures from the 2010 census,
121,744 Hispanics and Latinos were 15% of the population
That was 2010

Whites account for 44% of the population
300,000, give or take

And, it’s give or take because
THERE ARE CONFLICTING NUMBERS
BECAUSE THEY ARE COUNTING MEXICANS AS WHITE

Districts 6, 9 and 10 are the Mission district
and the heaviest concentration of the Hispanic population

Yet, from the same report...

I found it pretty interesting,
when I read this in the same report...

Dispelling the notion that the majority of those on our streets have drifted here from elsewhere to receive free services and food,
69% of the homeless population claim they lived in
San Francisco housing prior to becoming homeless,

Just the fact, this was included in the report
tells me they are addressing what others in SF
are contributing the problems to

Dispelling...the notion

People in the community know what they see
and what they are seeing, leads them to believe
and what the city of San Francisco wants to dispel,
by the report

Believe me when I say....
NO ONE IN THE COMMUNITY THIS PROBLEM EFFECTS
IS REFERRING TO BLACKS AND WHITES
FLOODING INTO THE CITY FROM ELSEWHERE
FOR FREE SERVICES AND FOOD

IF BLACKS ARE ONLY 6% OF TOTAL POPULATION
AND REPRESENT 34% OF THE HOMELESS POPULATION
YOU EXPECT ME TO BELIEVE, OVER 121,000 MEXICANS
AND THEY ONLY REPRESENT 22% OF THE HOMELESS

FUCK OFF

In order for SF to get federal money to
‘fight the homeless problem’
these Homeless Census Reports
have to be filed every 2 years

The city of San Francisco has been dramatically increasing expenditure directed towards alleviating the homelessness crisis: spending jumped by $241 million in 2016-17 to total $275 million, compared to a budget of just $34 million the previous year. In 2017-18 the budget for combatting homelessness, much of which is directed towards the building of new shelters and expanding capacity, stood at $305 million.

In January 2018 a United Nations special rapporteur on homelessness, Leilani Farha, stated that she was "completely shocked" by San Francisco's homelessness crisis during a visit to the city. She compared the "deplorable conditions" of the homeless camps she witnessed on San Francisco's streets to those she had seen in Mumbai.

San Francisco

Back to spending...

On October 24, 2013, the Kellogg Foundation sent out a press release about a report they had done entitled, “The Business Case for Racial Equity”. This was a study done by the Kellogg Foundation, using information it had studied and assessed from the Center for American Progress, National Urban League Policy Institute, Joint Center for Political and Economic Studies and the U.S. Department of Justice.

“Striving for racial equity – a world where race is no longer a factor in the distribution of opportunity – is a matter of social justice. But moving toward racial equity can generate significant economic returns as well. When people face barriers to achieving their full potential, the loss of talent, creativity, energy, and productivity is a burden not only for those disadvantaged, but for communities, businesses, governments, and the economy as a whole. Initial research on the magnitude of this burden in the United States (U.S.), as highlighted in this brief, reveals impacts in the trillions of dollars in lost earnings, avoidable public expenditures, and lost economic output.”

The Kellogg Foundation and Altarum Institute

In 2011, DEMOS did a study named “The Racial Wealth Gap, Why Policy Matters”, which discussed the racial wealth gap, the problems associated with it and solutions and outcomes if the gap did not exist. In this study DEMOS determined that the racial wealth gap was primarily driven by policy decisions.

“The U.S. racial wealth gap is substantial and is driven by public policy decisions. According to our analysis of the SIPP data, in 2011 the median white household had $111,146 in wealth holdings, compared to just $7,113 for the median Black household and $8,348 for the median Latino household. From the continuing impact of redlining on American homeownership to the retreat from desegregation in public education, public policy has shaped these disparities, leaving them impossible to overcome without racially-aware policy change.”

“Eliminating disparities in homeownership rates and returns would substantially reduce the racial wealth gap. While 73 percent of white households owned their own homes in 2011, only 47 percent of Latinos and 45 percent of Blacks were homeowners. In addition, Black and Latino homeowners saw less return in wealth on their investment in homeownership: for every $1 in wealth that accrues to median Black households as a result of homeownership, median white households accrue $1.34; meanwhile for every $1 in wealth that accrues to median Latino households as a result of homeownership, median white households accrue $1.54.”

“If public policy successfully eliminated racial disparities in homeownership rates, so that Blacks and Latinos were as likely as white households to own their homes, median Black wealth would grow $32,113 and the wealth gap between Black and white households would shrink 31 percent. Median Latino wealth would grow $29,213 and the wealth gap with white households would shrink 28 percent.”

“If public policy successfully equalized the return on homeownership, so that Blacks and Latinos saw the same financial gains as whites as a result of being homeowners, median Black wealth would grow $17,113 and the wealth gap between Black and white households would shrink 16 percent. Median Latino wealth would grow $41,652 and the wealth gap with white households would shrink 41 percent.”

“Eliminating disparities in college graduation and the return on a college degree would have a modest direct impact on the racial wealth gap. In 2011, 34 percent of whites had completed four-year college degrees compared to just 20 percent of Blacks and 13 percent of Latinos. In addition, Black and Latino college graduates saw a lower return on their degrees than white graduates: for every $1 in wealth that accrues to median Black households associated with a college degree, median white households accrue $11.49. Meanwhile for every $1 in wealth that accrues to median Latino households associated with a college degree, median white households accrue $13.33.”

“If public policy successfully eliminated racial disparities in college graduation rates, median Black wealth would grow $1,313 and the wealth gap between Black and white households would shrink 1 percent. Median Latino wealth would grow $3,528 and the wealth gap with white households would shrink 3 percent. “

“If public policy successfully equalized the return to college graduation, median Black wealth would grow $10,786 and the wealth gap between Black and white households would shrink 10 percent. Median Latino wealth would grow $5,878 and the wealth gap with white households would shrink 6 percent.”

“Eliminating disparities in income—and even more so, the wealth return on income—would substantially reduce the racial wealth gap. Yet in 2011, the median white household had an income of $50,400 a year compared to just $32,028 for Blacks and $36,840 for Latinos. Black and Latino households also see less of a return than white households on the income they earn: for every $1 in wealth that accrues to median Black households associated with a higher income, median white households accrue $4.06. Meanwhile, for every $1 in wealth that accrues to median Latino households associated with higher income, median white households accrue $5.37.”

“If public policy successfully eliminated racial disparities in income, median Black wealth would grow $11,488 and the wealth gap between Black and white households would shrink 11 percent. Median Latino wealth would grow $8,765 and the wealth gap with white households would shrink 9 percent.”

“If public policy successfully equalized the return to income, so that each additional dollar of income going to Black and Latino households was converted to wealth at the same rate as white households, median Black wealth would grow $44,963 and median Latino wealth would grow $51,552. This would shrink the wealth gap with white households by 43 and 50 percent respectively.”

Now STFU.

Now STFU

No African...YOU shut the fuck up!

If public policy successfully eliminated racial disparities in homeownership rates, so that Blacks and Latinos were as likely as white households to own their homes,

Bitch...been there done that

Under Obama, all gains in African wealth, were lost
This wealth was gained, under Clinton

Granting loans based on income, job history
debt ratio and credit score(worthiness)
is not redlining, it’s practical

No one is entitled to own a home
unless they can afford it

If public policy successfully equalized the return on homeownership, so that Blacks and Latinos saw the same financial gains as whites as a result of being homeowners,

What, create policies forcing buyers to pay top dollar on a home
that wasn’t taken care of, in a shithole neighborhood

If public policy successfully eliminated racial disparities in college graduation rates, median Black wealth would grow $1,313

What, create policies to give Africans degrees

So, current public policy is to blame
for the rate of Africans graduating from college?

If public policy successfully equalized the return to college graduation, median Black wealth would grow $10,786

So, current public policy is to blame
for African choices and responsibilities?

So, if an African graduates college
but, has outstanding debt, expensive taste,
maybe they already have a couple kids,
maybe they chose a field that wasn’t practical...

That’s whose fault?
White people and public policy

If public policy successfully eliminated racial disparities in income, median Black wealth would grow $11,488

So, people who work at McDonalds or Walmart
should make the same as a nurse

So, Africans being limited to low paying jobs
is the result of public policy

If public policy successfully equalized the return to income, so that each additional dollar of income going to Black and Latino households was converted to wealth at the same rate as white households

Again, if Africans obligations or spending habits
prevent them from accumulating wealth
because they spend their money foolishly
or are taking care of their responsibilities
how is anyone or anything else to blame?

You want policies to give Africans loans, again,
so they can buy homes they can’t afford and won’t take care of
and force potential buyers to pay more then the house is worth

You want policies to give Africans college degrees
so there are as many Africans with a college degree as whites

You want policies that require paying Africans,
working low paying jobs, top dollar

You want policies that create wealth
because their obligations and poor choices
prevent them from accumulating wealth otherwise

Go fuck yourself African

Thank goodness for liberal policies, affirmative action, diversity programs, labor laws, unions that blacks made the gains until Reagan and the bush’s caused a Great Recession.

Turned Clinton’s surplus into a Great Recession. Then obama had to clean up the mess.

Thank goodness for liberal policies, affirmative action, diversity programs, labor laws, unions that blacks made the gains until Reagan and the bush’s caused a Great Recession.

Turned Clinton’s surplus into a Great Recession. Then obama had to clean up the mess.

Clinton’s lending policies, which enabled
low income Africans, with unstable work history,
low credit scores and were risky, to secure loans

caused the housing crisis...African foreclosures
were already on the rise in 2007

What mess did Obama clean up?

Out of over 23 TRILLION DOLLARS
handed over to Wall Street,
less than 4 BILLION DOLLARS was spent,
to help low income, minority homeowners
at the greatest risk of foreclosure
when he earmarked 50 BILLION DOLLARS,
specifically for these homeowners with HAMP

By the end of Obama’s presidency
all gains Africans had accumulated under Clinton
vanished and have yet to be recovered

Clinton did no such thing . Everything you posted is incorrect.

Clinton did no such thing . Everything you posted is incorrect.

Your ass African!

In 1995 Clinton loosened housing rules by rewriting
the Community Reinvestment Act, which put added pressure
on banks to lend in low-income neighborhoods.

Wall Street was handed over 23 TRILLION DOLLARS
in undisclosed loans brought to light in an audit...
Do your homework, African

The HAMP program spent less than 4 BILLION
of the 50 BILLION Obama said would be used
to help low income, minority homeowners
who will lose their homes, otherwise

Do your homework, African

Africans accumulated the most wealth under Clinton
And lost it under Obama

After fair housing legislation was passed in 1968 during the Civil Rights era, the black homeowership rate increased for 30 years and reached nearly 50 percent in 2004, but all those gains have been erased in the last 12 years.

The homeownership rate for black households ended 2016 at 41.7 percent, near a 50-year low, according to the U.S. Census Bureau. Black homeownership hasn’t been this low since the time when housing discrimination was legal.

NAREB
(National Association of Real Estate Brokers)

Of course, low wages, lack of education
poor credit history and unstable work history
is not Africans fault

 

[sealybobo]

Any person in America has access to opportunities. They may not have the skills or balls go go get them.

Things are definitely harder for people in ghettos than they are for whites in Mayberry. What do you want us to do about it? There are rich whites who do the hiring that don’t like blacks. These are mostly small and medium size corporations. What do you want us to force them to hire blacks? Big corporations have diversity programs. They are trying.

And not every small and medium size company is racist. It is what it is.

So besides that. Are blacks starting their own businesses and supporting other black businesses?

It seems to me like the first thing a black does when they get successful is leave the black community behind.

Leslee jones on snl sang, “people say I forgot where I came from. I tell them I liv3 here because I remember where I came from”

Again your opinion is not supported by fact. We put our tax dollars in the same pot as whites but do not get the same return on our tax dollars. If we did much of the blight affecting black communities would not exist.

For the past 30-40 years citizens in the black community in Chicago have asked for the same thing. In Baltimore they found it more important to improve downtown and the harbor but not the black communities next to them. In Portland Oregon white developers are getting city help to build in black communities using money blacks put in the pot relative to taxes. You consistently think you have something to say that I need to hear because you are white and we all must pay homage to the great white delusion of how they made it in America. You try pawning of that I was oppressed and the truth you weren't. Greeks are white.

This is 2019 and white racism is still strong. That means non whites DO NOT have the same access to opportunity no matter what you believe. You can do something but whites like you don't have the balls. You know other white people are out there practicing racism in employment but are too cowardly to use the legal means available to stop them. Then you want to sit on your white ass calling yourself instructing us then asking what are we going to do about the white racists you know in business who are breaking the law.

Again your opinion is not supported by fact. We put our tax dollars in the same pot as whites but do not get the same return on our tax dollars. If we did much of the blight affecting black communities would not exist.

223,553 million white Americans, (includes white hispanics)
72% of the total U.S. population (2010)

197,285 million white Americans (non Hispanic)
60.7% of the total U.S. population (2017)

37,144 million black Americans (non Hispanic)
42 million black Americans (multi racial
45,789 million black Americans (multi racial)

WTF...I’M CANT EVEN FINISH, I’M SO FUCKING PISSED....

For the past 30-40 years citizens in the black community in Chicago have asked for the same thing.

AND BLACKS SHOULD BE TOO...
WHY THEY ARE NOT, IS BEYOND ME!

Long story short

Looking for data to use in my reply
Came across....

Although the American Community Survey (ACS) produces population, demographic and housing unit estimates, it is the Census Bureau's Population Estimates Program that produces and disseminates the official estimates of the population for the nation, states, counties, cities, and towns and estimates of housing units for states and counties.

100,000 million Hispanic, Latino, Mexican population, ALONE
(58,846 million Hispanic or Latino)
(36,668 million Mexican)

Add in Puerto Rican, Cuba, other Hispanic or Latinos
Another 23 million

THAT IS 123 MILLION, AT THE VERY LEAST
OF HISPANIC/LATINOS IN AMERICA

Fact Finder: U.S. Census Bureau

Now, THIS DOES NOT ACCOUNT FOR
THE 26.7 MILLION WHITE HISPANICS,
WHO IDENTIFIED AS HISPANIC OR LATINO
BUT, ALSO SELF IDENTIFIED AS WHITE

NOR DOES IT ACCOUNT FOR
THE HISPANIC/LATINO INDIVIDUALS
SELF IDENTIFING AS WHITE...PERIOD

In the 2010 United States Census, 50.5 million Americans (16.3% of the total population) listed themselves as ethnically Hispanic or Latino. Of those, 53.0% (26.7 million) self-identified as racially white. The remaining respondents listed their races as: some other race 36.7%, two or more races (multiracial) 6.0%, Black or African American 2.5%, American Indian and Alaska Native 1.4%, Asian 0.4%, and Native Hawaiian or other Pacific Islander 0.1%.

The respondents in the "some other race" category are reclassified as white by the Census Bureau in its official estimates of race. This means that more than 90% of all Hispanic or Latino Americans are counted as "white" in some statistics of the US government.

Hispanics and Latinos who are native-born and those who are immigrant identify as White in nearly identical percentages:
53.9 and 53.7, respectively, per figures from 2007.
The overall Hispanic or Latino ratio was 53.8%.

Based on the definitions created by
The Office of Management and Budget
and the U.S. Census Bureau,

the concepts of ethnicity and race
are mutually independent, thus,
Hispanicity is not the same as race,
and constitutes an ethnicity category
as opposed to, a racial category....

the only one of which that is officially collated by the U.S

White Americans are therefore referenced as
white Hispanics and non-Hispanic whites,
the former consisting of white Americans
who report Hispanophone (Spanish Hispanic Latin America),
and the latter consisting of white Americans
who do not report Hispanophone ancestry.

WTF

White Hispanics and Latino Americans

WELL OF COURSE THE DEFINITIONS
THAT DEFINE WHAT CONSTITUTES
THE AVAILABLE CHOICES
AND DECIDED WHAT CHOICES YOU WOULD HAVE
WERE SET BY THE BUDGET OFFICE

AND PRESENTED IN SUCH A WAY
BY THE U.S. CENSUS BUREAU
SO YOU ONLY SEE THE PAINT,
NOT THE ACTUAL PAINTING!!!

Furthermore, this is what actually set me off...

The employment–population ratio
(that is, the proportion of the population that is employed)

The employment–population ratio was 57.6 percent for Blacks,
60.4 percent for Whites and 62.7 percent for Hispanics.

62.4% for individuals of 2 or more races....
MORE HISPANICS, NO DOUBT

THERE ARE MORE HISPANICS WORKING
THEN BLACKS OR WHITES

BLS reports
Tell me IM2, how is this not a problem for you?

Since you are so in tune with your people,
enlighten me as to why, other then,
blacks we see/hear from, in the media
that condemn a wall or trying to keep immigrants out
the black community has remained silent
and don’t have an issue with taking a backseat to Mexicans now

WTF...UNBELIEVABLE

HONESTLY IM2, how can you think Pelosi, Waters and Dems
are better for blacks and the black communities?

FOR 28 YEARS, SF AND THE BAY AREA
HAS BEEN REPRESENTED BY NANCY PELOSI
AND A STRONGHOLD BLUE CITY

In 1970, there were more than 96,000 black residents.
By 2016, the population had shrunk to 43,000
with most living in public housing.
Blacks are 6% of the population,

According to figures from the 2010 census,
121,744 Hispanics and Latinos were 15% of the population
That was 2010

Whites account for 44% of the population
300,000, give or take

And, it’s give or take because
THERE ARE CONFLICTING NUMBERS
BECAUSE THEY ARE COUNTING MEXICANS AS WHITE

Districts 6, 9 and 10 are the Mission district
and the heaviest concentration of the Hispanic population

Yet, from the same report...

I found it pretty interesting,
when I read this in the same report...

Dispelling the notion that the majority of those on our streets have drifted here from elsewhere to receive free services and food,
69% of the homeless population claim they lived in
San Francisco housing prior to becoming homeless,

Just the fact, this was included in the report
tells me they are addressing what others in SF
are contributing the problems to

Dispelling...the notion

People in the community know what they see
and what they are seeing, leads them to believe
and what the city of San Francisco wants to dispel,
by the report

Believe me when I say....
NO ONE IN THE COMMUNITY THIS PROBLEM EFFECTS
IS REFERRING TO BLACKS AND WHITES
FLOODING INTO THE CITY FROM ELSEWHERE
FOR FREE SERVICES AND FOOD

IF BLACKS ARE ONLY 6% OF TOTAL POPULATION
AND REPRESENT 34% OF THE HOMELESS POPULATION
YOU EXPECT ME TO BELIEVE, OVER 121,000 MEXICANS
AND THEY ONLY REPRESENT 22% OF THE HOMELESS

FUCK OFF

In order for SF to get federal money to
‘fight the homeless problem’
these Homeless Census Reports
have to be filed every 2 years

The city of San Francisco has been dramatically increasing expenditure directed towards alleviating the homelessness crisis: spending jumped by $241 million in 2016-17 to total $275 million, compared to a budget of just $34 million the previous year. In 2017-18 the budget for combatting homelessness, much of which is directed towards the building of new shelters and expanding capacity, stood at $305 million.

In January 2018 a United Nations special rapporteur on homelessness, Leilani Farha, stated that she was "completely shocked" by San Francisco's homelessness crisis during a visit to the city. She compared the "deplorable conditions" of the homeless camps she witnessed on San Francisco's streets to those she had seen in Mumbai.

San Francisco

Back to spending...

On October 24, 2013, the Kellogg Foundation sent out a press release about a report they had done entitled, “The Business Case for Racial Equity”. This was a study done by the Kellogg Foundation, using information it had studied and assessed from the Center for American Progress, National Urban League Policy Institute, Joint Center for Political and Economic Studies and the U.S. Department of Justice.

“Striving for racial equity – a world where race is no longer a factor in the distribution of opportunity – is a matter of social justice. But moving toward racial equity can generate significant economic returns as well. When people face barriers to achieving their full potential, the loss of talent, creativity, energy, and productivity is a burden not only for those disadvantaged, but for communities, businesses, governments, and the economy as a whole. Initial research on the magnitude of this burden in the United States (U.S.), as highlighted in this brief, reveals impacts in the trillions of dollars in lost earnings, avoidable public expenditures, and lost economic output.”

The Kellogg Foundation and Altarum Institute

In 2011, DEMOS did a study named “The Racial Wealth Gap, Why Policy Matters”, which discussed the racial wealth gap, the problems associated with it and solutions and outcomes if the gap did not exist. In this study DEMOS determined that the racial wealth gap was primarily driven by policy decisions.

“The U.S. racial wealth gap is substantial and is driven by public policy decisions. According to our analysis of the SIPP data, in 2011 the median white household had $111,146 in wealth holdings, compared to just $7,113 for the median Black household and $8,348 for the median Latino household. From the continuing impact of redlining on American homeownership to the retreat from desegregation in public education, public policy has shaped these disparities, leaving them impossible to overcome without racially-aware policy change.”

“Eliminating disparities in homeownership rates and returns would substantially reduce the racial wealth gap. While 73 percent of white households owned their own homes in 2011, only 47 percent of Latinos and 45 percent of Blacks were homeowners. In addition, Black and Latino homeowners saw less return in wealth on their investment in homeownership: for every $1 in wealth that accrues to median Black households as a result of homeownership, median white households accrue $1.34; meanwhile for every $1 in wealth that accrues to median Latino households as a result of homeownership, median white households accrue $1.54.”

“If public policy successfully eliminated racial disparities in homeownership rates, so that Blacks and Latinos were as likely as white households to own their homes, median Black wealth would grow $32,113 and the wealth gap between Black and white households would shrink 31 percent. Median Latino wealth would grow $29,213 and the wealth gap with white households would shrink 28 percent.”

“If public policy successfully equalized the return on homeownership, so that Blacks and Latinos saw the same financial gains as whites as a result of being homeowners, median Black wealth would grow $17,113 and the wealth gap between Black and white households would shrink 16 percent. Median Latino wealth would grow $41,652 and the wealth gap with white households would shrink 41 percent.”

“Eliminating disparities in college graduation and the return on a college degree would have a modest direct impact on the racial wealth gap. In 2011, 34 percent of whites had completed four-year college degrees compared to just 20 percent of Blacks and 13 percent of Latinos. In addition, Black and Latino college graduates saw a lower return on their degrees than white graduates: for every $1 in wealth that accrues to median Black households associated with a college degree, median white households accrue $11.49. Meanwhile for every $1 in wealth that accrues to median Latino households associated with a college degree, median white households accrue $13.33.”

“If public policy successfully eliminated racial disparities in college graduation rates, median Black wealth would grow $1,313 and the wealth gap between Black and white households would shrink 1 percent. Median Latino wealth would grow $3,528 and the wealth gap with white households would shrink 3 percent. “

“If public policy successfully equalized the return to college graduation, median Black wealth would grow $10,786 and the wealth gap between Black and white households would shrink 10 percent. Median Latino wealth would grow $5,878 and the wealth gap with white households would shrink 6 percent.”

“Eliminating disparities in income—and even more so, the wealth return on income—would substantially reduce the racial wealth gap. Yet in 2011, the median white household had an income of $50,400 a year compared to just $32,028 for Blacks and $36,840 for Latinos. Black and Latino households also see less of a return than white households on the income they earn: for every $1 in wealth that accrues to median Black households associated with a higher income, median white households accrue $4.06. Meanwhile, for every $1 in wealth that accrues to median Latino households associated with higher income, median white households accrue $5.37.”

“If public policy successfully eliminated racial disparities in income, median Black wealth would grow $11,488 and the wealth gap between Black and white households would shrink 11 percent. Median Latino wealth would grow $8,765 and the wealth gap with white households would shrink 9 percent.”

“If public policy successfully equalized the return to income, so that each additional dollar of income going to Black and Latino households was converted to wealth at the same rate as white households, median Black wealth would grow $44,963 and median Latino wealth would grow $51,552. This would shrink the wealth gap with white households by 43 and 50 percent respectively.”

Now STFU.

Now STFU

No African...YOU shut the fuck up!

If public policy successfully eliminated racial disparities in homeownership rates, so that Blacks and Latinos were as likely as white households to own their homes,

Bitch...been there done that

Under Obama, all gains in African wealth, were lost
This wealth was gained, under Clinton

Granting loans based on income, job history
debt ratio and credit score(worthiness)
is not redlining, it’s practical

No one is entitled to own a home
unless they can afford it

If public policy successfully equalized the return on homeownership, so that Blacks and Latinos saw the same financial gains as whites as a result of being homeowners,

What, create policies forcing buyers to pay top dollar on a home
that wasn’t taken care of, in a shithole neighborhood

If public policy successfully eliminated racial disparities in college graduation rates, median Black wealth would grow $1,313

What, create policies to give Africans degrees

So, current public policy is to blame
for the rate of Africans graduating from college?

If public policy successfully equalized the return to college graduation, median Black wealth would grow $10,786

So, current public policy is to blame
for African choices and responsibilities?

So, if an African graduates college
but, has outstanding debt, expensive taste,
maybe they already have a couple kids,
maybe they chose a field that wasn’t practical...

That’s whose fault?
White people and public policy

If public policy successfully eliminated racial disparities in income, median Black wealth would grow $11,488

So, people who work at McDonalds or Walmart
should make the same as a nurse

So, Africans being limited to low paying jobs
is the result of public policy

If public policy successfully equalized the return to income, so that each additional dollar of income going to Black and Latino households was converted to wealth at the same rate as white households

Again, if Africans obligations or spending habits
prevent them from accumulating wealth
because they spend their money foolishly
or are taking care of their responsibilities
how is anyone or anything else to blame?

You want policies to give Africans loans, again,
so they can buy homes they can’t afford and won’t take care of
and force potential buyers to pay more then the house is worth

You want policies to give Africans college degrees
so there are as many Africans with a college degree as whites

You want policies that require paying Africans,
working low paying jobs, top dollar

You want policies that create wealth
because their obligations and poor choices
prevent them from accumulating wealth otherwise

Go fuck yourself African

I want everything you whites have given yourselves since at least 7-4-1776 bitch.

Understand?

I love that story about all the rich people who paid/lied/cheated to get their kids into Harvard Yale and USC. These Republicans for years have been crying that less deserving minorities were getting in before their kids and now we know rich kids were actually the ones taking their spots.

But will they be as mad at the rich as they are the blacks who got in? Nope. They worship the rich. That's why it was important the media keeps showing the 2 actresses who were involved. Because Republicans love to hate Hollywood rich people.

The College Admissions Process Is Already A Scam | HuffPost

We already knew this didn't we IM2?

But the wealthiest of families in the U.S. can rely on multiple legal ways to buy their children into college, even as universities continue to market themselves as meritocracies ― a selling point that long has been an essential part of perpetuating the American dream.

There’s the donate-a-ton-of-cash-to-a-fancy-college route, just like Jared Kushner’s dad did for him by pledging $2.5 million to Harvard University. Or there’s the cottage industry of boutique services for students ― extra tutors, essay coaches and interview prep professionals – designed to help the elite get their kids into Ivy League schools and other prestigious colleges.

“People believe the meritocracy is real and they want to participate in it,” said Tressie McMillan Cottom, who has studied and researched access to higher education. But compared with the upper-hand enjoyed by the upper classes, low-income and working-class families aren’t even close to competing on an even playing field, she said.


n the process, these alleged schemes reveal greater truths about the college admissions’ horse race.

“It’s a totally unfair system and we help students beat an unfair system at an unfair game,” Taylor said. “We do so ethically, though.”

People with the means to do so will pay for specialized knowledge that is not democratically available.
The machinations that give powerful people access to exclusive colleges usually occur outside the public spotlight. Tuesday’s indictments break wide open the false promise of equal access to higher education ― exposing the bag of goods so much of the public was sold about why people succeed

 

[sealybobo]

While lawsuits threaten to overturn affirmative action ― one of the systems that does help low-income students gain access to distinguished colleges ― no signs are evident that colleges will end any of the processes that help people of privilege, like legacy admission advantages.

And even with affirmative action, black and Hispanic students are more underrepresented at Ivy League schools than they were several decades ago, per The New York Times.

 

[sealybobo]

Again your opinion is not supported by fact. We put our tax dollars in the same pot as whites but do not get the same return on our tax dollars. If we did much of the blight affecting black communities would not exist.

For the past 30-40 years citizens in the black community in Chicago have asked for the same thing. In Baltimore they found it more important to improve downtown and the harbor but not the black communities next to them. In Portland Oregon white developers are getting city help to build in black communities using money blacks put in the pot relative to taxes. You consistently think you have something to say that I need to hear because you are white and we all must pay homage to the great white delusion of how they made it in America. You try pawning of that I was oppressed and the truth you weren't. Greeks are white.

This is 2019 and white racism is still strong. That means non whites DO NOT have the same access to opportunity no matter what you believe. You can do something but whites like you don't have the balls. You know other white people are out there practicing racism in employment but are too cowardly to use the legal means available to stop them. Then you want to sit on your white ass calling yourself instructing us then asking what are we going to do about the white racists you know in business who are breaking the law.

Again your opinion is not supported by fact. We put our tax dollars in the same pot as whites but do not get the same return on our tax dollars. If we did much of the blight affecting black communities would not exist.

223,553 million white Americans, (includes white hispanics)
72% of the total U.S. population (2010)

197,285 million white Americans (non Hispanic)
60.7% of the total U.S. population (2017)

37,144 million black Americans (non Hispanic)
42 million black Americans (multi racial
45,789 million black Americans (multi racial)

WTF...I’M CANT EVEN FINISH, I’M SO FUCKING PISSED....

For the past 30-40 years citizens in the black community in Chicago have asked for the same thing.

AND BLACKS SHOULD BE TOO...
WHY THEY ARE NOT, IS BEYOND ME!

Long story short

Looking for data to use in my reply
Came across....

Although the American Community Survey (ACS) produces population, demographic and housing unit estimates, it is the Census Bureau's Population Estimates Program that produces and disseminates the official estimates of the population for the nation, states, counties, cities, and towns and estimates of housing units for states and counties.

100,000 million Hispanic, Latino, Mexican population, ALONE
(58,846 million Hispanic or Latino)
(36,668 million Mexican)

Add in Puerto Rican, Cuba, other Hispanic or Latinos
Another 23 million

THAT IS 123 MILLION, AT THE VERY LEAST
OF HISPANIC/LATINOS IN AMERICA

Fact Finder: U.S. Census Bureau

Now, THIS DOES NOT ACCOUNT FOR
THE 26.7 MILLION WHITE HISPANICS,
WHO IDENTIFIED AS HISPANIC OR LATINO
BUT, ALSO SELF IDENTIFIED AS WHITE

NOR DOES IT ACCOUNT FOR
THE HISPANIC/LATINO INDIVIDUALS
SELF IDENTIFING AS WHITE...PERIOD

In the 2010 United States Census, 50.5 million Americans (16.3% of the total population) listed themselves as ethnically Hispanic or Latino. Of those, 53.0% (26.7 million) self-identified as racially white. The remaining respondents listed their races as: some other race 36.7%, two or more races (multiracial) 6.0%, Black or African American 2.5%, American Indian and Alaska Native 1.4%, Asian 0.4%, and Native Hawaiian or other Pacific Islander 0.1%.

The respondents in the "some other race" category are reclassified as white by the Census Bureau in its official estimates of race. This means that more than 90% of all Hispanic or Latino Americans are counted as "white" in some statistics of the US government.

Hispanics and Latinos who are native-born and those who are immigrant identify as White in nearly identical percentages:
53.9 and 53.7, respectively, per figures from 2007.
The overall Hispanic or Latino ratio was 53.8%.

Based on the definitions created by
The Office of Management and Budget
and the U.S. Census Bureau,

the concepts of ethnicity and race
are mutually independent, thus,
Hispanicity is not the same as race,
and constitutes an ethnicity category
as opposed to, a racial category....

the only one of which that is officially collated by the U.S

White Americans are therefore referenced as
white Hispanics and non-Hispanic whites,
the former consisting of white Americans
who report Hispanophone (Spanish Hispanic Latin America),
and the latter consisting of white Americans
who do not report Hispanophone ancestry.

WTF

White Hispanics and Latino Americans

WELL OF COURSE THE DEFINITIONS
THAT DEFINE WHAT CONSTITUTES
THE AVAILABLE CHOICES
AND DECIDED WHAT CHOICES YOU WOULD HAVE
WERE SET BY THE BUDGET OFFICE

AND PRESENTED IN SUCH A WAY
BY THE U.S. CENSUS BUREAU
SO YOU ONLY SEE THE PAINT,
NOT THE ACTUAL PAINTING!!!

Furthermore, this is what actually set me off...

The employment–population ratio
(that is, the proportion of the population that is employed)

The employment–population ratio was 57.6 percent for Blacks,
60.4 percent for Whites and 62.7 percent for Hispanics.

62.4% for individuals of 2 or more races....
MORE HISPANICS, NO DOUBT

THERE ARE MORE HISPANICS WORKING
THEN BLACKS OR WHITES

BLS reports
Tell me IM2, how is this not a problem for you?

Since you are so in tune with your people,
enlighten me as to why, other then,
blacks we see/hear from, in the media
that condemn a wall or trying to keep immigrants out
the black community has remained silent
and don’t have an issue with taking a backseat to Mexicans now

WTF...UNBELIEVABLE

HONESTLY IM2, how can you think Pelosi, Waters and Dems
are better for blacks and the black communities?

FOR 28 YEARS, SF AND THE BAY AREA
HAS BEEN REPRESENTED BY NANCY PELOSI
AND A STRONGHOLD BLUE CITY

In 1970, there were more than 96,000 black residents.
By 2016, the population had shrunk to 43,000
with most living in public housing.
Blacks are 6% of the population,

According to figures from the 2010 census,
121,744 Hispanics and Latinos were 15% of the population
That was 2010

Whites account for 44% of the population
300,000, give or take

And, it’s give or take because
THERE ARE CONFLICTING NUMBERS
BECAUSE THEY ARE COUNTING MEXICANS AS WHITE

Districts 6, 9 and 10 are the Mission district
and the heaviest concentration of the Hispanic population

Yet, from the same report...

I found it pretty interesting,
when I read this in the same report...

Dispelling the notion that the majority of those on our streets have drifted here from elsewhere to receive free services and food,
69% of the homeless population claim they lived in
San Francisco housing prior to becoming homeless,

Just the fact, this was included in the report
tells me they are addressing what others in SF
are contributing the problems to

Dispelling...the notion

People in the community know what they see
and what they are seeing, leads them to believe
and what the city of San Francisco wants to dispel,
by the report

Believe me when I say....
NO ONE IN THE COMMUNITY THIS PROBLEM EFFECTS
IS REFERRING TO BLACKS AND WHITES
FLOODING INTO THE CITY FROM ELSEWHERE
FOR FREE SERVICES AND FOOD

IF BLACKS ARE ONLY 6% OF TOTAL POPULATION
AND REPRESENT 34% OF THE HOMELESS POPULATION
YOU EXPECT ME TO BELIEVE, OVER 121,000 MEXICANS
AND THEY ONLY REPRESENT 22% OF THE HOMELESS

FUCK OFF

In order for SF to get federal money to
‘fight the homeless problem’
these Homeless Census Reports
have to be filed every 2 years

The city of San Francisco has been dramatically increasing expenditure directed towards alleviating the homelessness crisis: spending jumped by $241 million in 2016-17 to total $275 million, compared to a budget of just $34 million the previous year. In 2017-18 the budget for combatting homelessness, much of which is directed towards the building of new shelters and expanding capacity, stood at $305 million.

In January 2018 a United Nations special rapporteur on homelessness, Leilani Farha, stated that she was "completely shocked" by San Francisco's homelessness crisis during a visit to the city. She compared the "deplorable conditions" of the homeless camps she witnessed on San Francisco's streets to those she had seen in Mumbai.

San Francisco

Back to spending...

On October 24, 2013, the Kellogg Foundation sent out a press release about a report they had done entitled, “The Business Case for Racial Equity”. This was a study done by the Kellogg Foundation, using information it had studied and assessed from the Center for American Progress, National Urban League Policy Institute, Joint Center for Political and Economic Studies and the U.S. Department of Justice.

“Striving for racial equity – a world where race is no longer a factor in the distribution of opportunity – is a matter of social justice. But moving toward racial equity can generate significant economic returns as well. When people face barriers to achieving their full potential, the loss of talent, creativity, energy, and productivity is a burden not only for those disadvantaged, but for communities, businesses, governments, and the economy as a whole. Initial research on the magnitude of this burden in the United States (U.S.), as highlighted in this brief, reveals impacts in the trillions of dollars in lost earnings, avoidable public expenditures, and lost economic output.”

The Kellogg Foundation and Altarum Institute

In 2011, DEMOS did a study named “The Racial Wealth Gap, Why Policy Matters”, which discussed the racial wealth gap, the problems associated with it and solutions and outcomes if the gap did not exist. In this study DEMOS determined that the racial wealth gap was primarily driven by policy decisions.

“The U.S. racial wealth gap is substantial and is driven by public policy decisions. According to our analysis of the SIPP data, in 2011 the median white household had $111,146 in wealth holdings, compared to just $7,113 for the median Black household and $8,348 for the median Latino household. From the continuing impact of redlining on American homeownership to the retreat from desegregation in public education, public policy has shaped these disparities, leaving them impossible to overcome without racially-aware policy change.”

“Eliminating disparities in homeownership rates and returns would substantially reduce the racial wealth gap. While 73 percent of white households owned their own homes in 2011, only 47 percent of Latinos and 45 percent of Blacks were homeowners. In addition, Black and Latino homeowners saw less return in wealth on their investment in homeownership: for every $1 in wealth that accrues to median Black households as a result of homeownership, median white households accrue $1.34; meanwhile for every $1 in wealth that accrues to median Latino households as a result of homeownership, median white households accrue $1.54.”

“If public policy successfully eliminated racial disparities in homeownership rates, so that Blacks and Latinos were as likely as white households to own their homes, median Black wealth would grow $32,113 and the wealth gap between Black and white households would shrink 31 percent. Median Latino wealth would grow $29,213 and the wealth gap with white households would shrink 28 percent.”

“If public policy successfully equalized the return on homeownership, so that Blacks and Latinos saw the same financial gains as whites as a result of being homeowners, median Black wealth would grow $17,113 and the wealth gap between Black and white households would shrink 16 percent. Median Latino wealth would grow $41,652 and the wealth gap with white households would shrink 41 percent.”

“Eliminating disparities in college graduation and the return on a college degree would have a modest direct impact on the racial wealth gap. In 2011, 34 percent of whites had completed four-year college degrees compared to just 20 percent of Blacks and 13 percent of Latinos. In addition, Black and Latino college graduates saw a lower return on their degrees than white graduates: for every $1 in wealth that accrues to median Black households associated with a college degree, median white households accrue $11.49. Meanwhile for every $1 in wealth that accrues to median Latino households associated with a college degree, median white households accrue $13.33.”

“If public policy successfully eliminated racial disparities in college graduation rates, median Black wealth would grow $1,313 and the wealth gap between Black and white households would shrink 1 percent. Median Latino wealth would grow $3,528 and the wealth gap with white households would shrink 3 percent. “

“If public policy successfully equalized the return to college graduation, median Black wealth would grow $10,786 and the wealth gap between Black and white households would shrink 10 percent. Median Latino wealth would grow $5,878 and the wealth gap with white households would shrink 6 percent.”

“Eliminating disparities in income—and even more so, the wealth return on income—would substantially reduce the racial wealth gap. Yet in 2011, the median white household had an income of $50,400 a year compared to just $32,028 for Blacks and $36,840 for Latinos. Black and Latino households also see less of a return than white households on the income they earn: for every $1 in wealth that accrues to median Black households associated with a higher income, median white households accrue $4.06. Meanwhile, for every $1 in wealth that accrues to median Latino households associated with higher income, median white households accrue $5.37.”

“If public policy successfully eliminated racial disparities in income, median Black wealth would grow $11,488 and the wealth gap between Black and white households would shrink 11 percent. Median Latino wealth would grow $8,765 and the wealth gap with white households would shrink 9 percent.”

“If public policy successfully equalized the return to income, so that each additional dollar of income going to Black and Latino households was converted to wealth at the same rate as white households, median Black wealth would grow $44,963 and median Latino wealth would grow $51,552. This would shrink the wealth gap with white households by 43 and 50 percent respectively.”

Now STFU.

Now STFU

No African...YOU shut the fuck up!

If public policy successfully eliminated racial disparities in homeownership rates, so that Blacks and Latinos were as likely as white households to own their homes,

Bitch...been there done that

Under Obama, all gains in African wealth, were lost
This wealth was gained, under Clinton

Granting loans based on income, job history
debt ratio and credit score(worthiness)
is not redlining, it’s practical

No one is entitled to own a home
unless they can afford it

If public policy successfully equalized the return on homeownership, so that Blacks and Latinos saw the same financial gains as whites as a result of being homeowners,

What, create policies forcing buyers to pay top dollar on a home
that wasn’t taken care of, in a shithole neighborhood

If public policy successfully eliminated racial disparities in college graduation rates, median Black wealth would grow $1,313

What, create policies to give Africans degrees

So, current public policy is to blame
for the rate of Africans graduating from college?

If public policy successfully equalized the return to college graduation, median Black wealth would grow $10,786

So, current public policy is to blame
for African choices and responsibilities?

So, if an African graduates college
but, has outstanding debt, expensive taste,
maybe they already have a couple kids,
maybe they chose a field that wasn’t practical...

That’s whose fault?
White people and public policy

If public policy successfully eliminated racial disparities in income, median Black wealth would grow $11,488

So, people who work at McDonalds or Walmart
should make the same as a nurse

So, Africans being limited to low paying jobs
is the result of public policy

If public policy successfully equalized the return to income, so that each additional dollar of income going to Black and Latino households was converted to wealth at the same rate as white households

Again, if Africans obligations or spending habits
prevent them from accumulating wealth
because they spend their money foolishly
or are taking care of their responsibilities
how is anyone or anything else to blame?

You want policies to give Africans loans, again,
so they can buy homes they can’t afford and won’t take care of
and force potential buyers to pay more then the house is worth

You want policies to give Africans college degrees
so there are as many Africans with a college degree as whites

You want policies that require paying Africans,
working low paying jobs, top dollar

You want policies that create wealth
because their obligations and poor choices
prevent them from accumulating wealth otherwise

Go fuck yourself African

Thank goodness for liberal policies, affirmative action, diversity programs, labor laws, unions that blacks made the gains until Reagan and the bush’s caused a Great Recession.

Turned Clinton’s surplus into a Great Recession. Then obama had to clean up the mess.

Thank goodness for liberal policies, affirmative action, diversity programs, labor laws, unions that blacks made the gains until Reagan and the bush’s caused a Great Recession.

Turned Clinton’s surplus into a Great Recession. Then obama had to clean up the mess.

Clinton’s lending policies, which enabled
low income Africans, with unstable work history,
low credit scores and were risky, to secure loans

caused the housing crisis...African foreclosures
were already on the rise in 2007

What mess did Obama clean up?

Out of over 23 TRILLION DOLLARS
handed over to Wall Street,
less than 4 BILLION DOLLARS was spent,
to help low income, minority homeowners
at the greatest risk of foreclosure
when he earmarked 50 BILLION DOLLARS,
specifically for these homeowners with HAMP

By the end of Obama’s presidency
all gains Africans had accumulated under Clinton
vanished and have yet to be recovered

No it was Bushanomics that cause the Great Depression and that caused the housing crisis.

It was a lot more than that but you get my point. It wasn't Clinton. Clinton had a booming economy where everyone was working and could make their house payments. Bush sent all those jobs overseas and tanked the economy. Some think on purpose. I do.

 

[sealybobo]

On October 24, 2013, the Kellogg Foundation sent out a press release about a report they had done entitled, “The Business Case for Racial Equity”. This was a study done by the Kellogg Foundation, using information it had studied and assessed from the Center for American Progress, National Urban League Policy Institute, Joint Center for Political and Economic Studies and the U.S. Department of Justice.

“Striving for racial equity – a world where race is no longer a factor in the distribution of opportunity – is a matter of social justice. But moving toward racial equity can generate significant economic returns as well. When people face barriers to achieving their full potential, the loss of talent, creativity, energy, and productivity is a burden not only for those disadvantaged, but for communities, businesses, governments, and the economy as a whole. Initial research on the magnitude of this burden in the United States (U.S.), as highlighted in this brief, reveals impacts in the trillions of dollars in lost earnings, avoidable public expenditures, and lost economic output.”

The Kellogg Foundation and Altarum Institute

In 2011, DEMOS did a study named “The Racial Wealth Gap, Why Policy Matters”, which discussed the racial wealth gap, the problems associated with it and solutions and outcomes if the gap did not exist. In this study DEMOS determined that the racial wealth gap was primarily driven by policy decisions.

“The U.S. racial wealth gap is substantial and is driven by public policy decisions. According to our analysis of the SIPP data, in 2011 the median white household had $111,146 in wealth holdings, compared to just $7,113 for the median Black household and $8,348 for the median Latino household. From the continuing impact of redlining on American homeownership to the retreat from desegregation in public education, public policy has shaped these disparities, leaving them impossible to overcome without racially-aware policy change.”

“Eliminating disparities in homeownership rates and returns would substantially reduce the racial wealth gap. While 73 percent of white households owned their own homes in 2011, only 47 percent of Latinos and 45 percent of Blacks were homeowners. In addition, Black and Latino homeowners saw less return in wealth on their investment in homeownership: for every $1 in wealth that accrues to median Black households as a result of homeownership, median white households accrue $1.34; meanwhile for every $1 in wealth that accrues to median Latino households as a result of homeownership, median white households accrue $1.54.”

“If public policy successfully eliminated racial disparities in homeownership rates, so that Blacks and Latinos were as likely as white households to own their homes, median Black wealth would grow $32,113 and the wealth gap between Black and white households would shrink 31 percent. Median Latino wealth would grow $29,213 and the wealth gap with white households would shrink 28 percent.”

“If public policy successfully equalized the return on homeownership, so that Blacks and Latinos saw the same financial gains as whites as a result of being homeowners, median Black wealth would grow $17,113 and the wealth gap between Black and white households would shrink 16 percent. Median Latino wealth would grow $41,652 and the wealth gap with white households would shrink 41 percent.”

“Eliminating disparities in college graduation and the return on a college degree would have a modest direct impact on the racial wealth gap. In 2011, 34 percent of whites had completed four-year college degrees compared to just 20 percent of Blacks and 13 percent of Latinos. In addition, Black and Latino college graduates saw a lower return on their degrees than white graduates: for every $1 in wealth that accrues to median Black households associated with a college degree, median white households accrue $11.49. Meanwhile for every $1 in wealth that accrues to median Latino households associated with a college degree, median white households accrue $13.33.”

“If public policy successfully eliminated racial disparities in college graduation rates, median Black wealth would grow $1,313 and the wealth gap between Black and white households would shrink 1 percent. Median Latino wealth would grow $3,528 and the wealth gap with white households would shrink 3 percent. “

“If public policy successfully equalized the return to college graduation, median Black wealth would grow $10,786 and the wealth gap between Black and white households would shrink 10 percent. Median Latino wealth would grow $5,878 and the wealth gap with white households would shrink 6 percent.”

“Eliminating disparities in income—and even more so, the wealth return on income—would substantially reduce the racial wealth gap. Yet in 2011, the median white household had an income of $50,400 a year compared to just $32,028 for Blacks and $36,840 for Latinos. Black and Latino households also see less of a return than white households on the income they earn: for every $1 in wealth that accrues to median Black households associated with a higher income, median white households accrue $4.06. Meanwhile, for every $1 in wealth that accrues to median Latino households associated with higher income, median white households accrue $5.37.”

“If public policy successfully eliminated racial disparities in income, median Black wealth would grow $11,488 and the wealth gap between Black and white households would shrink 11 percent. Median Latino wealth would grow $8,765 and the wealth gap with white households would shrink 9 percent.”

“If public policy successfully equalized the return to income, so that each additional dollar of income going to Black and Latino households was converted to wealth at the same rate as white households, median Black wealth would grow $44,963 and median Latino wealth would grow $51,552. This would shrink the wealth gap with white households by 43 and 50 percent respectively.”

Now STFU.

Now STFU

No African...YOU shut the fuck up!

If public policy successfully eliminated racial disparities in homeownership rates, so that Blacks and Latinos were as likely as white households to own their homes,

Bitch...been there done that

Under Obama, all gains in African wealth, were lost
This wealth was gained, under Clinton

Granting loans based on income, job history
debt ratio and credit score(worthiness)
is not redlining, it’s practical

No one is entitled to own a home
unless they can afford it

If public policy successfully equalized the return on homeownership, so that Blacks and Latinos saw the same financial gains as whites as a result of being homeowners,

What, create policies forcing buyers to pay top dollar on a home
that wasn’t taken care of, in a shithole neighborhood

If public policy successfully eliminated racial disparities in college graduation rates, median Black wealth would grow $1,313

What, create policies to give Africans degrees

So, current public policy is to blame
for the rate of Africans graduating from college?

If public policy successfully equalized the return to college graduation, median Black wealth would grow $10,786

So, current public policy is to blame
for African choices and responsibilities?

So, if an African graduates college
but, has outstanding debt, expensive taste,
maybe they already have a couple kids,
maybe they chose a field that wasn’t practical...

That’s whose fault?
White people and public policy

If public policy successfully eliminated racial disparities in income, median Black wealth would grow $11,488

So, people who work at McDonalds or Walmart
should make the same as a nurse

So, Africans being limited to low paying jobs
is the result of public policy

If public policy successfully equalized the return to income, so that each additional dollar of income going to Black and Latino households was converted to wealth at the same rate as white households

Again, if Africans obligations or spending habits
prevent them from accumulating wealth
because they spend their money foolishly
or are taking care of their responsibilities
how is anyone or anything else to blame?

You want policies to give Africans loans, again,
so they can buy homes they can’t afford and won’t take care of
and force potential buyers to pay more then the house is worth

You want policies to give Africans college degrees
so there are as many Africans with a college degree as whites

You want policies that require paying Africans,
working low paying jobs, top dollar

You want policies that create wealth
because their obligations and poor choices
prevent them from accumulating wealth otherwise

Go fuck yourself African

Thank goodness for liberal policies, affirmative action, diversity programs, labor laws, unions that blacks made the gains until Reagan and the bush’s caused a Great Recession.

Turned Clinton’s surplus into a Great Recession. Then obama had to clean up the mess.

Thank goodness for liberal policies, affirmative action, diversity programs, labor laws, unions that blacks made the gains until Reagan and the bush’s caused a Great Recession.

Turned Clinton’s surplus into a Great Recession. Then obama had to clean up the mess.

Clinton’s lending policies, which enabled
low income Africans, with unstable work history,
low credit scores and were risky, to secure loans

caused the housing crisis...African foreclosures
were already on the rise in 2007

What mess did Obama clean up?

Out of over 23 TRILLION DOLLARS
handed over to Wall Street,
less than 4 BILLION DOLLARS was spent,
to help low income, minority homeowners
at the greatest risk of foreclosure
when he earmarked 50 BILLION DOLLARS,
specifically for these homeowners with HAMP

By the end of Obama’s presidency
all gains Africans had accumulated under Clinton
vanished and have yet to be recovered

Clinton did no such thing . Everything you posted is incorrect.

Clinton did no such thing . Everything you posted is incorrect.

Your ass African!

In 1995 Clinton loosened housing rules by rewriting
the Community Reinvestment Act, which put added pressure
on banks to lend in low-income neighborhoods.

Wall Street was handed over 23 TRILLION DOLLARS
in undisclosed loans brought to light in an audit...
Do your homework, African

The HAMP program spent less than 4 BILLION
of the 50 BILLION Obama said would be used
to help low income, minority homeowners
who will lose their homes, otherwise

Do your homework, African

Africans accumulated the most wealth under Clinton
And lost it under Obama

After fair housing legislation was passed in 1968 during the Civil Rights era, the black homeowership rate increased for 30 years and reached nearly 50 percent in 2004, but all those gains have been erased in the last 12 years.

The homeownership rate for black households ended 2016 at 41.7 percent, near a 50-year low, according to the U.S. Census Bureau. Black homeownership hasn’t been this low since the time when housing discrimination was legal.

NAREB
(National Association of Real Estate Brokers)

Of course, low wages, lack of education
poor credit history and unstable work history
is not Africans fault

We all lost because of Bush. Stop your revisionist history bullshit white trash idiot.

 

[Markle]

No it was Bushanomics that cause the Great Depression and that caused the housing crisis.

It was a lot more than that but you get my point. It wasn't Clinton. Clinton had a booming economy where everyone was working and could make their house payments. Bush sent all those jobs overseas and tanked the economy. Some think on purpose. I do.

As you know, former President Bill Clinton handed off a recession to President George Bush.

I've had a 40+ year career as a Realtor. So the housing/mortgage/financial meltdown was of particular interest to me. Obviously, you got your misinformation from the DailyKOS or The Nation.

Just to remind all our FRIENDS from the far left, the responsibility for this mess lies with Jimmy Carter, Bill Clinton, Barney Frank and Chris Dodd. AND WITH REPUBLICANS for backing off every time Barney Frank and his cronies played…THE RACE CARD! The housing bubble is what led to the downfall and that was driven by Democrats, starting with Jimmy Carter and hugely expanded by Bill Clinton. Here are the facts, once again, for you to ignore….

HUD TO FIGHT DISCRIMINATION, BOOST MINORITY HOMEOWNERSHIP AND WORK WITH URBAN LEAGUE TO FURTHER GOALS
HUD Archives: Cuomo agrees w/Nat'l Urban League -- to Fight Housing Discrimination

New York Times - 1999
Fannie Mae Eases Credit To Aid Mortgage Lending -
Fannie Mae Eases Credit To Aid Mortgage Lending

August 5, 1997
President Bush’s and the Administrations Unheeded Warnings About the Systemic Risk Posed by the GSEs – Fannie and Freddie dating back to 2001
Just the Facts: The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs

By Elliot Blair Smith,
USA TODAY Fannie Mae to pay $400 million fine

Franklin Raines was Director of the Office of Management and Budget under Clinton and returned to Fannie Mae as its CEO in 1999. Raines is not a “chief” economic adviser for President Barack Hussein Obama but has advised the administration on mortgage and housing matters. Obama had hired another former Fannie CEO, Jim Johnson as a member of Obama’s V.P. search committee and who was forced to quit under fire.

Bloomberg News -
How the Democrats Created the Financial Crisis -
Bloomberg - Are you a robot?

Democrats in their own words covering up the Fannie Mae, Freddie Mac


Timeline shows Bush, McCain warning Democrats of Financial Crisis


From the New York Times
New Agency Proposed to Oversee Freddie Mac and Fannie Mae
By STEPHEN LABATON
Published: September 11, 2003 WASHINGTON,
Sept. 10— The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.

The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.

The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac -- which together have issued more than $1.5 trillion in outstanding debt -- is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates.

Read more: New Agency Proposed to Oversee Freddie Mac and Fannie Mae

[…]

From USNews and World Report
Barney Frank's Fannie and Freddie Muddle
By Sam Dealey
September 10, 2008
[…]
So five years ago, there was one of those rare moments in Washington when the branches and personalities of government—in this case, the Bush administration—are less interested in protecting or expanding their turf than in fixing a looming catastrophe. What was Frank's response to the proposal?

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''
[…]
http://www.usnews.com/opinion/blogs/sam-dealey/2008/09/10/barney-franks-fannie-and-freddie-muddle

Wall Street Journal Barney’s Rubble – September 17, 2008
http://online.wsj.com/news/articles/SB122161010874845645

Barney Frank in 2005: What Housing Bubble?


Democrats Were Wrong on Fannie Mae and Freddie Mac
The White House called for tighter regulation 17 times.
https://www.usnews.com/opinion/blog...rats-were-wrong-on-fannie-mae-and-freddie-mac

Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis
The Bet That Blew Up Wall Street

All this, in addition to the repeal of the Glass-Steagall Act by President William Jefferson Clinton, caused the meltdown.

It COULD have been stopped or greatly reduced. Democrats fought that every step of the way and the Republicans wilted under the barrage of being called racist and worse.

 

[sealybobo]

No it was Bushanomics that cause the Great Depression and that caused the housing crisis.

It was a lot more than that but you get my point. It wasn't Clinton. Clinton had a booming economy where everyone was working and could make their house payments. Bush sent all those jobs overseas and tanked the economy. Some think on purpose. I do.

As you know, former President Bill Clinton handed off a recession to President George Bush.

I've had a 40+ year career as a Realtor. So the housing/mortgage/financial meltdown was of particular interest to me. Obviously, you got your misinformation from the DailyKOS or The Nation.

Just to remind all our FRIENDS from the far left, the responsibility for this mess lies with Jimmy Carter, Bill Clinton, Barney Frank and Chris Dodd. AND WITH REPUBLICANS for backing off every time Barney Frank and his cronies played…THE RACE CARD! The housing bubble is what led to the downfall and that was driven by Democrats, starting with Jimmy Carter and hugely expanded by Bill Clinton. Here are the facts, once again, for you to ignore….

HUD TO FIGHT DISCRIMINATION, BOOST MINORITY HOMEOWNERSHIP AND WORK WITH URBAN LEAGUE TO FURTHER GOALS
HUD Archives: Cuomo agrees w/Nat'l Urban League -- to Fight Housing Discrimination

New York Times - 1999
Fannie Mae Eases Credit To Aid Mortgage Lending -
Fannie Mae Eases Credit To Aid Mortgage Lending

August 5, 1997
President Bush’s and the Administrations Unheeded Warnings About the Systemic Risk Posed by the GSEs – Fannie and Freddie dating back to 2001
Just the Facts: The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs

By Elliot Blair Smith,
USA TODAY Fannie Mae to pay $400 million fine

Franklin Raines was Director of the Office of Management and Budget under Clinton and returned to Fannie Mae as its CEO in 1999. Raines is not a “chief” economic adviser for President Barack Hussein Obama but has advised the administration on mortgage and housing matters. Obama had hired another former Fannie CEO, Jim Johnson as a member of Obama’s V.P. search committee and who was forced to quit under fire.

Bloomberg News -
How the Democrats Created the Financial Crisis -
Bloomberg - Are you a robot?

Democrats in their own words covering up the Fannie Mae, Freddie Mac


Timeline shows Bush, McCain warning Democrats of Financial Crisis


From the New York Times
New Agency Proposed to Oversee Freddie Mac and Fannie Mae
By STEPHEN LABATON
Published: September 11, 2003 WASHINGTON,
Sept. 10— The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.

The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.

The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac -- which together have issued more than $1.5 trillion in outstanding debt -- is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates.

Read more: New Agency Proposed to Oversee Freddie Mac and Fannie Mae

[…]

From USNews and World Report
Barney Frank's Fannie and Freddie Muddle
By Sam Dealey
September 10, 2008
[…]
So five years ago, there was one of those rare moments in Washington when the branches and personalities of government—in this case, the Bush administration—are less interested in protecting or expanding their turf than in fixing a looming catastrophe. What was Frank's response to the proposal?

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''
[…]
http://www.usnews.com/opinion/blogs/sam-dealey/2008/09/10/barney-franks-fannie-and-freddie-muddle

Wall Street Journal Barney’s Rubble – September 17, 2008
http://online.wsj.com/news/articles/SB122161010874845645

Barney Frank in 2005: What Housing Bubble?


Democrats Were Wrong on Fannie Mae and Freddie Mac
The White House called for tighter regulation 17 times.
https://www.usnews.com/opinion/blog...rats-were-wrong-on-fannie-mae-and-freddie-mac

Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis
The Bet That Blew Up Wall Street

All this, in addition to the repeal of the Glass-Steagall Act by President William Jefferson Clinton, caused the meltdown.

It COULD have been stopped or greatly reduced. Democrats fought that every step of the way and the Republicans wilted under the barrage of being called racist and worse.

I'm going to stop you right at the beginning. Clinton didn't hand Bush a recession. I won't read the rest when you are lying.

The 1990s were the longest period of growth in American history. The collapse of the speculative dot-com bubble, a fall in business outlays and investments, and the September 11th attacks,[67] brought the decade of growth to an end. Despite these major shocks, the recession was brief and shallow.

Mar 2001-Nov 2001 8 months


So, you fucking liar. That means there was no recession when Clinton was in office. We can't help it if business' weren't comfortable after GW Bush stole the 2000 election and suddenly companies started downsizing, not hiring and sending jobs overseas.

Bill Clinton had positive jobs numbers and a surplus. What did Republicans do to cause a recession in 2001? Don't blame Bill.

Maybe instead of planning to lie us into Iraq Bush should have focused on the economy here at home.

 

[sealybobo]

More damaging than the recession in 2001 and the 9-11 attacks were the policies that GW Bush got passed to get us out of the recession. One thing he got passed was tax breaks for the rich. That' worked for them but not for the economy or middle class.

 

[Markle]

No it was Bushanomics that cause the Great Depression and that caused the housing crisis.

It was a lot more than that but you get my point. It wasn't Clinton. Clinton had a booming economy where everyone was working and could make their house payments. Bush sent all those jobs overseas and tanked the economy. Some think on purpose. I do.

As you know, former President Bill Clinton handed off a recession to President George Bush.

I've had a 40+ year career as a Realtor. So the housing/mortgage/financial meltdown was of particular interest to me. Obviously, you got your misinformation from the DailyKOS or The Nation.

Just to remind all our FRIENDS from the far left, the responsibility for this mess lies with Jimmy Carter, Bill Clinton, Barney Frank and Chris Dodd. AND WITH REPUBLICANS for backing off every time Barney Frank and his cronies played…THE RACE CARD! The housing bubble is what led to the downfall and that was driven by Democrats, starting with Jimmy Carter and hugely expanded by Bill Clinton. Here are the facts, once again, for you to ignore….

HUD TO FIGHT DISCRIMINATION, BOOST MINORITY HOMEOWNERSHIP AND WORK WITH URBAN LEAGUE TO FURTHER GOALS
HUD Archives: Cuomo agrees w/Nat'l Urban League -- to Fight Housing Discrimination

New York Times - 1999
Fannie Mae Eases Credit To Aid Mortgage Lending -
Fannie Mae Eases Credit To Aid Mortgage Lending

August 5, 1997
President Bush’s and the Administrations Unheeded Warnings About the Systemic Risk Posed by the GSEs – Fannie and Freddie dating back to 2001
Just the Facts: The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs

By Elliot Blair Smith,
USA TODAY Fannie Mae to pay $400 million fine

Franklin Raines was Director of the Office of Management and Budget under Clinton and returned to Fannie Mae as its CEO in 1999. Raines is not a “chief” economic adviser for President Barack Hussein Obama but has advised the administration on mortgage and housing matters. Obama had hired another former Fannie CEO, Jim Johnson as a member of Obama’s V.P. search committee and who was forced to quit under fire.

Bloomberg News -
How the Democrats Created the Financial Crisis -
Bloomberg - Are you a robot?

Democrats in their own words covering up the Fannie Mae, Freddie Mac


Timeline shows Bush, McCain warning Democrats of Financial Crisis


From the New York Times
New Agency Proposed to Oversee Freddie Mac and Fannie Mae
By STEPHEN LABATON
Published: September 11, 2003 WASHINGTON,
Sept. 10— The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.

The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.

The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac -- which together have issued more than $1.5 trillion in outstanding debt -- is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates.

Read more: New Agency Proposed to Oversee Freddie Mac and Fannie Mae

[…]

From USNews and World Report
Barney Frank's Fannie and Freddie Muddle
By Sam Dealey
September 10, 2008
[…]
So five years ago, there was one of those rare moments in Washington when the branches and personalities of government—in this case, the Bush administration—are less interested in protecting or expanding their turf than in fixing a looming catastrophe. What was Frank's response to the proposal?

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''
[…]
http://www.usnews.com/opinion/blogs/sam-dealey/2008/09/10/barney-franks-fannie-and-freddie-muddle

Wall Street Journal Barney’s Rubble – September 17, 2008
http://online.wsj.com/news/articles/SB122161010874845645

Barney Frank in 2005: What Housing Bubble?


Democrats Were Wrong on Fannie Mae and Freddie Mac
The White House called for tighter regulation 17 times.
https://www.usnews.com/opinion/blog...rats-were-wrong-on-fannie-mae-and-freddie-mac

Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis
The Bet That Blew Up Wall Street

All this, in addition to the repeal of the Glass-Steagall Act by President William Jefferson Clinton, caused the meltdown.

It COULD have been stopped or greatly reduced. Democrats fought that every step of the way and the Republicans wilted under the barrage of being called racist and worse.

I'm going to stop you right at the beginning. Clinton didn't hand Bush a recession. I won't read the rest when you are lying.

The 1990s were the longest period of growth in American history. The collapse of the speculative dot-com bubble, a fall in business outlays and investments, and the September 11th attacks,[67] brought the decade of growth to an end. Despite these major shocks, the recession was brief and shallow.

Mar 2001-Nov 2001 8 months


So, you fucking liar. That means there was no recession when Clinton was in office. We can't help it if business' weren't comfortable after GW Bush stole the 2000 election and suddenly companies started downsizing, not hiring and sending jobs overseas.

Bill Clinton had positive jobs numbers and a surplus. What did Republicans do to cause a recession in 2001? Don't blame Bill.

Maybe instead of planning to lie us into Iraq Bush should have focused on the economy here at home.

Where does the recession, shown below, start? Right, 2001. Your childish demonstration and vitriol are proven to be on you. I told the truth, you lied. Grow up!

 

[sealybobo]

No it was Bushanomics that cause the Great Depression and that caused the housing crisis.

It was a lot more than that but you get my point. It wasn't Clinton. Clinton had a booming economy where everyone was working and could make their house payments. Bush sent all those jobs overseas and tanked the economy. Some think on purpose. I do.

As you know, former President Bill Clinton handed off a recession to President George Bush.

I've had a 40+ year career as a Realtor. So the housing/mortgage/financial meltdown was of particular interest to me. Obviously, you got your misinformation from the DailyKOS or The Nation.

Just to remind all our FRIENDS from the far left, the responsibility for this mess lies with Jimmy Carter, Bill Clinton, Barney Frank and Chris Dodd. AND WITH REPUBLICANS for backing off every time Barney Frank and his cronies played…THE RACE CARD! The housing bubble is what led to the downfall and that was driven by Democrats, starting with Jimmy Carter and hugely expanded by Bill Clinton. Here are the facts, once again, for you to ignore….

HUD TO FIGHT DISCRIMINATION, BOOST MINORITY HOMEOWNERSHIP AND WORK WITH URBAN LEAGUE TO FURTHER GOALS
HUD Archives: Cuomo agrees w/Nat'l Urban League -- to Fight Housing Discrimination

New York Times - 1999
Fannie Mae Eases Credit To Aid Mortgage Lending -
Fannie Mae Eases Credit To Aid Mortgage Lending

August 5, 1997
President Bush’s and the Administrations Unheeded Warnings About the Systemic Risk Posed by the GSEs – Fannie and Freddie dating back to 2001
Just the Facts: The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs

By Elliot Blair Smith,
USA TODAY Fannie Mae to pay $400 million fine

Franklin Raines was Director of the Office of Management and Budget under Clinton and returned to Fannie Mae as its CEO in 1999. Raines is not a “chief” economic adviser for President Barack Hussein Obama but has advised the administration on mortgage and housing matters. Obama had hired another former Fannie CEO, Jim Johnson as a member of Obama’s V.P. search committee and who was forced to quit under fire.

Bloomberg News -
How the Democrats Created the Financial Crisis -
Bloomberg - Are you a robot?

Democrats in their own words covering up the Fannie Mae, Freddie Mac


Timeline shows Bush, McCain warning Democrats of Financial Crisis


From the New York Times
New Agency Proposed to Oversee Freddie Mac and Fannie Mae
By STEPHEN LABATON
Published: September 11, 2003 WASHINGTON,
Sept. 10— The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.

The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.

The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac -- which together have issued more than $1.5 trillion in outstanding debt -- is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates.

Read more: New Agency Proposed to Oversee Freddie Mac and Fannie Mae

[…]

From USNews and World Report
Barney Frank's Fannie and Freddie Muddle
By Sam Dealey
September 10, 2008
[…]
So five years ago, there was one of those rare moments in Washington when the branches and personalities of government—in this case, the Bush administration—are less interested in protecting or expanding their turf than in fixing a looming catastrophe. What was Frank's response to the proposal?

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''
[…]
http://www.usnews.com/opinion/blogs/sam-dealey/2008/09/10/barney-franks-fannie-and-freddie-muddle

Wall Street Journal Barney’s Rubble – September 17, 2008
http://online.wsj.com/news/articles/SB122161010874845645

Barney Frank in 2005: What Housing Bubble?


Democrats Were Wrong on Fannie Mae and Freddie Mac
The White House called for tighter regulation 17 times.
https://www.usnews.com/opinion/blog...rats-were-wrong-on-fannie-mae-and-freddie-mac

Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis
The Bet That Blew Up Wall Street

All this, in addition to the repeal of the Glass-Steagall Act by President William Jefferson Clinton, caused the meltdown.

It COULD have been stopped or greatly reduced. Democrats fought that every step of the way and the Republicans wilted under the barrage of being called racist and worse.

I'm going to stop you right at the beginning. Clinton didn't hand Bush a recession. I won't read the rest when you are lying.

The 1990s were the longest period of growth in American history. The collapse of the speculative dot-com bubble, a fall in business outlays and investments, and the September 11th attacks,[67] brought the decade of growth to an end. Despite these major shocks, the recession was brief and shallow.

Mar 2001-Nov 2001 8 months


So, you fucking liar. That means there was no recession when Clinton was in office. We can't help it if business' weren't comfortable after GW Bush stole the 2000 election and suddenly companies started downsizing, not hiring and sending jobs overseas.

Bill Clinton had positive jobs numbers and a surplus. What did Republicans do to cause a recession in 2001? Don't blame Bill.

Maybe instead of planning to lie us into Iraq Bush should have focused on the economy here at home.

Where does the recession, shown below, start? Right, 2001. Your childish demonstration and vitriol are proven to be on you. I told the truth, you lied. Grow up!

It started March 2001. That was the first month stupid.

Mar 2001-Nov 2001 8 months

 

[Votto]

I’m tired of reading, hearing or watching whites and others talking this bullshit. What is a victim folk? Does anyone know? Where did we get this idea that blacks who are protesting, complaining, or actively fighting racism are pretending to be victims of something ?

Where did this stump stupid shit come from? I say it started when the Reagan administration decided to get rid of the fairness doctrine. Suddenly you had all manner of loud mouth radio talk show idiots making fact less comments. I am going to talk about somebody here and it is not going to be complimentary. The first person I ever heard talking this way was some fat white boy from Missouri. I was in my 20’s and suddenly 30 years ago I started hearing of this fat white slob on the radio talking about blacks playing race cards, race hustling, and playing the victim. Like we are pretending there is racism just to feel persecuted. As the years have gone by, I ask who ordained this tub of lard permission to be arbiter of public opinion? I was going to start off on his lack of education, but I won't. But this slob has been allowed to influence a couple of generations of whites with his race baiting and he needs to be taken off the airwaves.

In my view this slob is worthless. All he’s good for is the big turkey leg and an extra scoop of dressing and gravy at the holiday dinner. I’m sure he knows nothing about sweet potato pie since that’s what blacks eat. This vat of fryer grease preaches his racist mumbo jumbo day in and day out. He’s done it for years now. If the stay puff marshmallow was the only one saying this, no problem. But this pork belly got millions of people to buy into his message and when you examine his message you want to tell Jabba the Hut to go find a buffet, play Mr. Creosote and eat that last wafer thin mint. The lunacy of his argument is apparent and what has been just as apparent is that we must be a nation of dunce caps to have allowed this stupid white can of crisco to become tertiary or de facto leader of one of our major political parties. Yes, I’m talking about Rush Limbaugh. He hasn’t gotten any skinnier either. But look, the stupidity he birthed here in this country is so tough you got blacks repeating it to other blacks as well as other stupid nonwhite wannabes.

We have people running around telling us black folks that we are always looking for racism. Now think about this for a minute. Blacks who want to get rid of racism are spending all their days going around looking for racism so we can stay upset, mad and stressed out. How stupid is that? There are some whites who have told me that I wake up only to go looking for racism. This kind of thinking strains the definition of sanity. So I wake up every morning, drink my coffee, then leave home to begin my daily search for a reason to be miserable, unhappy and angry. It is enough to make a person commit an act of violence when some whites, or stupid nonwhites dare speak this foolishness.

I would rather pass by the amusement park just to go find that Klan rally. I would rather sell my ticket to a pro football game to go find a Richard Spencer seminar. I would rather by pass a date with a beautiful woman to go watch a Jared Taylor lecture. If I have a job, I will clock in and spend my day looking for examples of ways to be insulted by race so I can spend all day long mad and miserable.

I’m accusing the company of racism because they give me pencils with black lead, or provide black pens to write with. If I am having a conversation with someone white I just can’t wait to hear them say something racist, so I can have hurt feelings and anger that I must hold inside of me for the rest of the day until I can get home. When I watch TV, instead of being entertained, I watch TV only to look for examples of racism so I can stay angry and bitter towards all whites.

If I go to a cajun restaurant, I will order the blackened fish on purpose so I can scream how the restaurant is a racist establishment so I can leave hungry and mad. I think black ice is a racist designation for ice, so I am mad at the weather person for making racist comments. This is the incredibly stupid garbage some people came to believe by listening to the skipper on gilligans island radio talk show. This level of stupidity must be unprecedented in modern times. Or perhaps it is not but the advent of so many ways to communicate has allowed the crazy that was once hidden at home to get out into the open.

Missouri Fats is the one who invented the card. Jennifer Garner, Howie Long and Samuel Jackson do not advertise for this card. But Fatty Arbuckle, Sean Hannity, dumb blacks like Kevin Jackson, some idiots on you tube, Dinesh D’ Souza, and others advertise for this card company. The company is called race and they have a card that these people imagine provides extra rights and privileges to those holding the card. I remember this white dude telling me how I was playing a race card as I was describing polices initiated by whites that created damage in the black community that people face today. This idiot wanted to lecture me on all this free stuff we blacks get because we have this card. Now as I am black, I asked him to provide me the website and address to the free black stuff administration. I’m still waiting.

 

[Markle]

No it was Bushanomics that cause the Great Depression and that caused the housing crisis.

It was a lot more than that but you get my point. It wasn't Clinton. Clinton had a booming economy where everyone was working and could make their house payments. Bush sent all those jobs overseas and tanked the economy. Some think on purpose. I do.

As you know, former President Bill Clinton handed off a recession to President George Bush.

I've had a 40+ year career as a Realtor. So the housing/mortgage/financial meltdown was of particular interest to me. Obviously, you got your misinformation from the DailyKOS or The Nation.

Just to remind all our FRIENDS from the far left, the responsibility for this mess lies with Jimmy Carter, Bill Clinton, Barney Frank and Chris Dodd. AND WITH REPUBLICANS for backing off every time Barney Frank and his cronies played…THE RACE CARD! The housing bubble is what led to the downfall and that was driven by Democrats, starting with Jimmy Carter and hugely expanded by Bill Clinton. Here are the facts, once again, for you to ignore….

HUD TO FIGHT DISCRIMINATION, BOOST MINORITY HOMEOWNERSHIP AND WORK WITH URBAN LEAGUE TO FURTHER GOALS
HUD Archives: Cuomo agrees w/Nat'l Urban League -- to Fight Housing Discrimination

New York Times - 1999
Fannie Mae Eases Credit To Aid Mortgage Lending -
Fannie Mae Eases Credit To Aid Mortgage Lending

August 5, 1997
President Bush’s and the Administrations Unheeded Warnings About the Systemic Risk Posed by the GSEs – Fannie and Freddie dating back to 2001
Just the Facts: The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs

By Elliot Blair Smith,
USA TODAY Fannie Mae to pay $400 million fine

Franklin Raines was Director of the Office of Management and Budget under Clinton and returned to Fannie Mae as its CEO in 1999. Raines is not a “chief” economic adviser for President Barack Hussein Obama but has advised the administration on mortgage and housing matters. Obama had hired another former Fannie CEO, Jim Johnson as a member of Obama’s V.P. search committee and who was forced to quit under fire.

Bloomberg News -
How the Democrats Created the Financial Crisis -
Bloomberg - Are you a robot?

Democrats in their own words covering up the Fannie Mae, Freddie Mac


Timeline shows Bush, McCain warning Democrats of Financial Crisis


From the New York Times
New Agency Proposed to Oversee Freddie Mac and Fannie Mae
By STEPHEN LABATON
Published: September 11, 2003 WASHINGTON,
Sept. 10— The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.

The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.

The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac -- which together have issued more than $1.5 trillion in outstanding debt -- is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates.

Read more: New Agency Proposed to Oversee Freddie Mac and Fannie Mae

[…]

From USNews and World Report
Barney Frank's Fannie and Freddie Muddle
By Sam Dealey
September 10, 2008
[…]
So five years ago, there was one of those rare moments in Washington when the branches and personalities of government—in this case, the Bush administration—are less interested in protecting or expanding their turf than in fixing a looming catastrophe. What was Frank's response to the proposal?

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''
[…]
http://www.usnews.com/opinion/blogs/sam-dealey/2008/09/10/barney-franks-fannie-and-freddie-muddle

Wall Street Journal Barney’s Rubble – September 17, 2008
http://online.wsj.com/news/articles/SB122161010874845645

Barney Frank in 2005: What Housing Bubble?


Democrats Were Wrong on Fannie Mae and Freddie Mac
The White House called for tighter regulation 17 times.
https://www.usnews.com/opinion/blog...rats-were-wrong-on-fannie-mae-and-freddie-mac

Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis
The Bet That Blew Up Wall Street

All this, in addition to the repeal of the Glass-Steagall Act by President William Jefferson Clinton, caused the meltdown.

It COULD have been stopped or greatly reduced. Democrats fought that every step of the way and the Republicans wilted under the barrage of being called racist and worse.

I'm going to stop you right at the beginning. Clinton didn't hand Bush a recession. I won't read the rest when you are lying.

The 1990s were the longest period of growth in American history. The collapse of the speculative dot-com bubble, a fall in business outlays and investments, and the September 11th attacks,[67] brought the decade of growth to an end. Despite these major shocks, the recession was brief and shallow.

Mar 2001-Nov 2001 8 months


So, you fucking liar. That means there was no recession when Clinton was in office. We can't help it if business' weren't comfortable after GW Bush stole the 2000 election and suddenly companies started downsizing, not hiring and sending jobs overseas.

Bill Clinton had positive jobs numbers and a surplus. What did Republicans do to cause a recession in 2001? Don't blame Bill.

Maybe instead of planning to lie us into Iraq Bush should have focused on the economy here at home.

Where does the recession, shown below, start? Right, 2001. Your childish demonstration and vitriol are proven to be on you. I told the truth, you lied. Grow up!

It started March 2001. That was the first month stupid.

Mar 2001-Nov 2001 8 months

As I said, President Bush was handed a recession by former President Bill Clinton. Thank you for sharing that I was right and you were wrong.

 

[John Shaw]

Im2 says they don’t need or want our help. And it seems that there are enough blacks with enough wealth that they have everything they need to show us what they can do. Pick a city, elect blacks to run the city. Have spike lee and Beyoncé and tiger woods start grocery stores and shopping malls. Thrive. Don’t ask for federal help but we know they will because so do white communities. Start producing things white Americans want to buy so you have something to trade.

IM2 is saying our dollars have helped make whites rich so you need to drop the arrogance and the lies you tell yourself.

I'm not rich though. Must be someone's holding me back, and not my own fault. Still waiting on that big government handout and the accompanying whiteness award. Any day now, I'm sure.

Yawn.

You're right, boring subject. That must be why you're obsessed with it.

You are boring. The subject is not. I am obsessed with my survival just like you are. But you're young and stupid so your attitude is expected.

I've yet to see you make a single salient point. The only thing you ever write that's worth a damn is shit you've copied from someone else, and even that is 90% trash. But hey, at least you're good for the comedy.

 

[keepitreal]

223,553 million white Americans, (includes white hispanics)
72% of the total U.S. population (2010)

197,285 million white Americans (non Hispanic)
60.7% of the total U.S. population (2017)

37,144 million black Americans (non Hispanic)
42 million black Americans (multi racial
45,789 million black Americans (multi racial)

WTF...I’M CANT EVEN FINISH, I’M SO FUCKING PISSED....

AND BLACKS SHOULD BE TOO...
WHY THEY ARE NOT, IS BEYOND ME!

Long story short

Looking for data to use in my reply
Came across....

Although the American Community Survey (ACS) produces population, demographic and housing unit estimates, it is the Census Bureau's Population Estimates Program that produces and disseminates the official estimates of the population for the nation, states, counties, cities, and towns and estimates of housing units for states and counties.

100,000 million Hispanic, Latino, Mexican population, ALONE
(58,846 million Hispanic or Latino)
(36,668 million Mexican)

Add in Puerto Rican, Cuba, other Hispanic or Latinos
Another 23 million

THAT IS 123 MILLION, AT THE VERY LEAST
OF HISPANIC/LATINOS IN AMERICA

Fact Finder: U.S. Census Bureau

Now, THIS DOES NOT ACCOUNT FOR
THE 26.7 MILLION WHITE HISPANICS,
WHO IDENTIFIED AS HISPANIC OR LATINO
BUT, ALSO SELF IDENTIFIED AS WHITE

NOR DOES IT ACCOUNT FOR
THE HISPANIC/LATINO INDIVIDUALS
SELF IDENTIFING AS WHITE...PERIOD

In the 2010 United States Census, 50.5 million Americans (16.3% of the total population) listed themselves as ethnically Hispanic or Latino. Of those, 53.0% (26.7 million) self-identified as racially white. The remaining respondents listed their races as: some other race 36.7%, two or more races (multiracial) 6.0%, Black or African American 2.5%, American Indian and Alaska Native 1.4%, Asian 0.4%, and Native Hawaiian or other Pacific Islander 0.1%.

The respondents in the "some other race" category are reclassified as white by the Census Bureau in its official estimates of race. This means that more than 90% of all Hispanic or Latino Americans are counted as "white" in some statistics of the US government.

Hispanics and Latinos who are native-born and those who are immigrant identify as White in nearly identical percentages:
53.9 and 53.7, respectively, per figures from 2007.
The overall Hispanic or Latino ratio was 53.8%.

Based on the definitions created by
The Office of Management and Budget
and the U.S. Census Bureau,

the concepts of ethnicity and race
are mutually independent, thus,
Hispanicity is not the same as race,
and constitutes an ethnicity category
as opposed to, a racial category....

the only one of which that is officially collated by the U.S

White Americans are therefore referenced as
white Hispanics and non-Hispanic whites,
the former consisting of white Americans
who report Hispanophone (Spanish Hispanic Latin America),
and the latter consisting of white Americans
who do not report Hispanophone ancestry.

WTF

White Hispanics and Latino Americans

WELL OF COURSE THE DEFINITIONS
THAT DEFINE WHAT CONSTITUTES
THE AVAILABLE CHOICES
AND DECIDED WHAT CHOICES YOU WOULD HAVE
WERE SET BY THE BUDGET OFFICE

AND PRESENTED IN SUCH A WAY
BY THE U.S. CENSUS BUREAU
SO YOU ONLY SEE THE PAINT,
NOT THE ACTUAL PAINTING!!!

Furthermore, this is what actually set me off...

The employment–population ratio
(that is, the proportion of the population that is employed)

The employment–population ratio was 57.6 percent for Blacks,
60.4 percent for Whites and 62.7 percent for Hispanics.

62.4% for individuals of 2 or more races....
MORE HISPANICS, NO DOUBT

THERE ARE MORE HISPANICS WORKING
THEN BLACKS OR WHITES

BLS reports
Tell me IM2, how is this not a problem for you?

Since you are so in tune with your people,
enlighten me as to why, other then,
blacks we see/hear from, in the media
that condemn a wall or trying to keep immigrants out
the black community has remained silent
and don’t have an issue with taking a backseat to Mexicans now

WTF...UNBELIEVABLE

HONESTLY IM2, how can you think Pelosi, Waters and Dems
are better for blacks and the black communities?

FOR 28 YEARS, SF AND THE BAY AREA
HAS BEEN REPRESENTED BY NANCY PELOSI
AND A STRONGHOLD BLUE CITY

In 1970, there were more than 96,000 black residents.
By 2016, the population had shrunk to 43,000
with most living in public housing.
Blacks are 6% of the population,

According to figures from the 2010 census,
121,744 Hispanics and Latinos were 15% of the population
That was 2010

Whites account for 44% of the population
300,000, give or take

And, it’s give or take because
THERE ARE CONFLICTING NUMBERS
BECAUSE THEY ARE COUNTING MEXICANS AS WHITE

Districts 6, 9 and 10 are the Mission district
and the heaviest concentration of the Hispanic population

Yet, from the same report...

I found it pretty interesting,
when I read this in the same report...

Dispelling the notion that the majority of those on our streets have drifted here from elsewhere to receive free services and food,
69% of the homeless population claim they lived in
San Francisco housing prior to becoming homeless,

Just the fact, this was included in the report
tells me they are addressing what others in SF
are contributing the problems to

Dispelling...the notion

People in the community know what they see
and what they are seeing, leads them to believe
and what the city of San Francisco wants to dispel,
by the report

Believe me when I say....
NO ONE IN THE COMMUNITY THIS PROBLEM EFFECTS
IS REFERRING TO BLACKS AND WHITES
FLOODING INTO THE CITY FROM ELSEWHERE
FOR FREE SERVICES AND FOOD

IF BLACKS ARE ONLY 6% OF TOTAL POPULATION
AND REPRESENT 34% OF THE HOMELESS POPULATION
YOU EXPECT ME TO BELIEVE, OVER 121,000 MEXICANS
AND THEY ONLY REPRESENT 22% OF THE HOMELESS

FUCK OFF

In order for SF to get federal money to
‘fight the homeless problem’
these Homeless Census Reports
have to be filed every 2 years

The city of San Francisco has been dramatically increasing expenditure directed towards alleviating the homelessness crisis: spending jumped by $241 million in 2016-17 to total $275 million, compared to a budget of just $34 million the previous year. In 2017-18 the budget for combatting homelessness, much of which is directed towards the building of new shelters and expanding capacity, stood at $305 million.

In January 2018 a United Nations special rapporteur on homelessness, Leilani Farha, stated that she was "completely shocked" by San Francisco's homelessness crisis during a visit to the city. She compared the "deplorable conditions" of the homeless camps she witnessed on San Francisco's streets to those she had seen in Mumbai.

San Francisco

Back to spending...

On October 24, 2013, the Kellogg Foundation sent out a press release about a report they had done entitled, “The Business Case for Racial Equity”. This was a study done by the Kellogg Foundation, using information it had studied and assessed from the Center for American Progress, National Urban League Policy Institute, Joint Center for Political and Economic Studies and the U.S. Department of Justice.

“Striving for racial equity – a world where race is no longer a factor in the distribution of opportunity – is a matter of social justice. But moving toward racial equity can generate significant economic returns as well. When people face barriers to achieving their full potential, the loss of talent, creativity, energy, and productivity is a burden not only for those disadvantaged, but for communities, businesses, governments, and the economy as a whole. Initial research on the magnitude of this burden in the United States (U.S.), as highlighted in this brief, reveals impacts in the trillions of dollars in lost earnings, avoidable public expenditures, and lost economic output.”

The Kellogg Foundation and Altarum Institute

In 2011, DEMOS did a study named “The Racial Wealth Gap, Why Policy Matters”, which discussed the racial wealth gap, the problems associated with it and solutions and outcomes if the gap did not exist. In this study DEMOS determined that the racial wealth gap was primarily driven by policy decisions.

“The U.S. racial wealth gap is substantial and is driven by public policy decisions. According to our analysis of the SIPP data, in 2011 the median white household had $111,146 in wealth holdings, compared to just $7,113 for the median Black household and $8,348 for the median Latino household. From the continuing impact of redlining on American homeownership to the retreat from desegregation in public education, public policy has shaped these disparities, leaving them impossible to overcome without racially-aware policy change.”

“Eliminating disparities in homeownership rates and returns would substantially reduce the racial wealth gap. While 73 percent of white households owned their own homes in 2011, only 47 percent of Latinos and 45 percent of Blacks were homeowners. In addition, Black and Latino homeowners saw less return in wealth on their investment in homeownership: for every $1 in wealth that accrues to median Black households as a result of homeownership, median white households accrue $1.34; meanwhile for every $1 in wealth that accrues to median Latino households as a result of homeownership, median white households accrue $1.54.”

“If public policy successfully eliminated racial disparities in homeownership rates, so that Blacks and Latinos were as likely as white households to own their homes, median Black wealth would grow $32,113 and the wealth gap between Black and white households would shrink 31 percent. Median Latino wealth would grow $29,213 and the wealth gap with white households would shrink 28 percent.”

“If public policy successfully equalized the return on homeownership, so that Blacks and Latinos saw the same financial gains as whites as a result of being homeowners, median Black wealth would grow $17,113 and the wealth gap between Black and white households would shrink 16 percent. Median Latino wealth would grow $41,652 and the wealth gap with white households would shrink 41 percent.”

“Eliminating disparities in college graduation and the return on a college degree would have a modest direct impact on the racial wealth gap. In 2011, 34 percent of whites had completed four-year college degrees compared to just 20 percent of Blacks and 13 percent of Latinos. In addition, Black and Latino college graduates saw a lower return on their degrees than white graduates: for every $1 in wealth that accrues to median Black households associated with a college degree, median white households accrue $11.49. Meanwhile for every $1 in wealth that accrues to median Latino households associated with a college degree, median white households accrue $13.33.”

“If public policy successfully eliminated racial disparities in college graduation rates, median Black wealth would grow $1,313 and the wealth gap between Black and white households would shrink 1 percent. Median Latino wealth would grow $3,528 and the wealth gap with white households would shrink 3 percent. “

“If public policy successfully equalized the return to college graduation, median Black wealth would grow $10,786 and the wealth gap between Black and white households would shrink 10 percent. Median Latino wealth would grow $5,878 and the wealth gap with white households would shrink 6 percent.”

“Eliminating disparities in income—and even more so, the wealth return on income—would substantially reduce the racial wealth gap. Yet in 2011, the median white household had an income of $50,400 a year compared to just $32,028 for Blacks and $36,840 for Latinos. Black and Latino households also see less of a return than white households on the income they earn: for every $1 in wealth that accrues to median Black households associated with a higher income, median white households accrue $4.06. Meanwhile, for every $1 in wealth that accrues to median Latino households associated with higher income, median white households accrue $5.37.”

“If public policy successfully eliminated racial disparities in income, median Black wealth would grow $11,488 and the wealth gap between Black and white households would shrink 11 percent. Median Latino wealth would grow $8,765 and the wealth gap with white households would shrink 9 percent.”

“If public policy successfully equalized the return to income, so that each additional dollar of income going to Black and Latino households was converted to wealth at the same rate as white households, median Black wealth would grow $44,963 and median Latino wealth would grow $51,552. This would shrink the wealth gap with white households by 43 and 50 percent respectively.”

Now STFU.

Now STFU

No African...YOU shut the fuck up!

If public policy successfully eliminated racial disparities in homeownership rates, so that Blacks and Latinos were as likely as white households to own their homes,

Bitch...been there done that

Under Obama, all gains in African wealth, were lost
This wealth was gained, under Clinton

Granting loans based on income, job history
debt ratio and credit score(worthiness)
is not redlining, it’s practical

No one is entitled to own a home
unless they can afford it

If public policy successfully equalized the return on homeownership, so that Blacks and Latinos saw the same financial gains as whites as a result of being homeowners,

What, create policies forcing buyers to pay top dollar on a home
that wasn’t taken care of, in a shithole neighborhood

If public policy successfully eliminated racial disparities in college graduation rates, median Black wealth would grow $1,313

What, create policies to give Africans degrees

So, current public policy is to blame
for the rate of Africans graduating from college?

If public policy successfully equalized the return to college graduation, median Black wealth would grow $10,786

So, current public policy is to blame
for African choices and responsibilities?

So, if an African graduates college
but, has outstanding debt, expensive taste,
maybe they already have a couple kids,
maybe they chose a field that wasn’t practical...

That’s whose fault?
White people and public policy

If public policy successfully eliminated racial disparities in income, median Black wealth would grow $11,488

So, people who work at McDonalds or Walmart
should make the same as a nurse

So, Africans being limited to low paying jobs
is the result of public policy

If public policy successfully equalized the return to income, so that each additional dollar of income going to Black and Latino households was converted to wealth at the same rate as white households

Again, if Africans obligations or spending habits
prevent them from accumulating wealth
because they spend their money foolishly
or are taking care of their responsibilities
how is anyone or anything else to blame?

You want policies to give Africans loans, again,
so they can buy homes they can’t afford and won’t take care of
and force potential buyers to pay more then the house is worth

You want policies to give Africans college degrees
so there are as many Africans with a college degree as whites

You want policies that require paying Africans,
working low paying jobs, top dollar

You want policies that create wealth
because their obligations and poor choices
prevent them from accumulating wealth otherwise

Go fuck yourself African

Thank goodness for liberal policies, affirmative action, diversity programs, labor laws, unions that blacks made the gains until Reagan and the bush’s caused a Great Recession.

Turned Clinton’s surplus into a Great Recession. Then obama had to clean up the mess.

Thank goodness for liberal policies, affirmative action, diversity programs, labor laws, unions that blacks made the gains until Reagan and the bush’s caused a Great Recession.

Turned Clinton’s surplus into a Great Recession. Then obama had to clean up the mess.

Clinton’s lending policies, which enabled
low income Africans, with unstable work history,
low credit scores and were risky, to secure loans

caused the housing crisis...African foreclosures
were already on the rise in 2007

What mess did Obama clean up?

Out of over 23 TRILLION DOLLARS
handed over to Wall Street,
less than 4 BILLION DOLLARS was spent,
to help low income, minority homeowners
at the greatest risk of foreclosure
when he earmarked 50 BILLION DOLLARS,
specifically for these homeowners with HAMP

By the end of Obama’s presidency
all gains Africans had accumulated under Clinton
vanished and have yet to be recovered

No it was Bushanomics that cause the Great Depression and that caused the housing crisis.

It was a lot more than that but you get my point. It wasn't Clinton. Clinton had a booming economy where everyone was working and could make their house payments. Bush sent all those jobs overseas and tanked the economy. Some think on purpose. I do.

No it was Bushanomics that cause the Great Depression and that caused the housing crisis.

Oh wow...have it your way

It was a lot more than that but you get my point. It wasn't Clinton. Clinton had a booming economy where everyone was working and could make their house payments. Bush sent all those jobs overseas and tanked the economy. Some think on purpose. I do.

Under Obama, African wealth evaporated
Over 23 TRILLION DOLLARS was handed to Wall Street

75 BILLION was allocated for HAMP,
to modify existing mortgage loans to avoid foreclosure
Then it was 50 BILLION
Less than 4 BILLION was used to modify the mortgages
of low income minority’s at greatest risk of foreclosure

 

[sealybobo]

IM2 is saying our dollars have helped make whites rich so you need to drop the arrogance and the lies you tell yourself.

I'm not rich though. Must be someone's holding me back, and not my own fault. Still waiting on that big government handout and the accompanying whiteness award. Any day now, I'm sure.

Yawn.

You're right, boring subject. That must be why you're obsessed with it.

You are boring. The subject is not. I am obsessed with my survival just like you are. But you're young and stupid so your attitude is expected.

I've yet to see you make a single salient point. The only thing you ever write that's worth a damn is shit you've copied from someone else, and even that is 90% trash. But hey, at least you're good for the comedy.

You mean every point we have made has gone over your tiny brain?

Boy I love this college scam story that's out there right now. That gives us a glimpse of white privilege and rich privilege.

For years we've been saying the game is rigged and you guys deny it.

Now I don't see you cons crying about how some rich person probably took your kids spot at Harvard. You worried so much about black people who might get in ahead of your kids because they are black. Boy that sure does fucking bother you ***** but hardly a peep out of you now that you know rich people are the ones bending you over.

 

[sealybobo]

On October 24, 2013, the Kellogg Foundation sent out a press release about a report they had done entitled, “The Business Case for Racial Equity”. This was a study done by the Kellogg Foundation, using information it had studied and assessed from the Center for American Progress, National Urban League Policy Institute, Joint Center for Political and Economic Studies and the U.S. Department of Justice.

“Striving for racial equity – a world where race is no longer a factor in the distribution of opportunity – is a matter of social justice. But moving toward racial equity can generate significant economic returns as well. When people face barriers to achieving their full potential, the loss of talent, creativity, energy, and productivity is a burden not only for those disadvantaged, but for communities, businesses, governments, and the economy as a whole. Initial research on the magnitude of this burden in the United States (U.S.), as highlighted in this brief, reveals impacts in the trillions of dollars in lost earnings, avoidable public expenditures, and lost economic output.”

The Kellogg Foundation and Altarum Institute

In 2011, DEMOS did a study named “The Racial Wealth Gap, Why Policy Matters”, which discussed the racial wealth gap, the problems associated with it and solutions and outcomes if the gap did not exist. In this study DEMOS determined that the racial wealth gap was primarily driven by policy decisions.

“The U.S. racial wealth gap is substantial and is driven by public policy decisions. According to our analysis of the SIPP data, in 2011 the median white household had $111,146 in wealth holdings, compared to just $7,113 for the median Black household and $8,348 for the median Latino household. From the continuing impact of redlining on American homeownership to the retreat from desegregation in public education, public policy has shaped these disparities, leaving them impossible to overcome without racially-aware policy change.”

“Eliminating disparities in homeownership rates and returns would substantially reduce the racial wealth gap. While 73 percent of white households owned their own homes in 2011, only 47 percent of Latinos and 45 percent of Blacks were homeowners. In addition, Black and Latino homeowners saw less return in wealth on their investment in homeownership: for every $1 in wealth that accrues to median Black households as a result of homeownership, median white households accrue $1.34; meanwhile for every $1 in wealth that accrues to median Latino households as a result of homeownership, median white households accrue $1.54.”

“If public policy successfully eliminated racial disparities in homeownership rates, so that Blacks and Latinos were as likely as white households to own their homes, median Black wealth would grow $32,113 and the wealth gap between Black and white households would shrink 31 percent. Median Latino wealth would grow $29,213 and the wealth gap with white households would shrink 28 percent.”

“If public policy successfully equalized the return on homeownership, so that Blacks and Latinos saw the same financial gains as whites as a result of being homeowners, median Black wealth would grow $17,113 and the wealth gap between Black and white households would shrink 16 percent. Median Latino wealth would grow $41,652 and the wealth gap with white households would shrink 41 percent.”

“Eliminating disparities in college graduation and the return on a college degree would have a modest direct impact on the racial wealth gap. In 2011, 34 percent of whites had completed four-year college degrees compared to just 20 percent of Blacks and 13 percent of Latinos. In addition, Black and Latino college graduates saw a lower return on their degrees than white graduates: for every $1 in wealth that accrues to median Black households associated with a college degree, median white households accrue $11.49. Meanwhile for every $1 in wealth that accrues to median Latino households associated with a college degree, median white households accrue $13.33.”

“If public policy successfully eliminated racial disparities in college graduation rates, median Black wealth would grow $1,313 and the wealth gap between Black and white households would shrink 1 percent. Median Latino wealth would grow $3,528 and the wealth gap with white households would shrink 3 percent. “

“If public policy successfully equalized the return to college graduation, median Black wealth would grow $10,786 and the wealth gap between Black and white households would shrink 10 percent. Median Latino wealth would grow $5,878 and the wealth gap with white households would shrink 6 percent.”

“Eliminating disparities in income—and even more so, the wealth return on income—would substantially reduce the racial wealth gap. Yet in 2011, the median white household had an income of $50,400 a year compared to just $32,028 for Blacks and $36,840 for Latinos. Black and Latino households also see less of a return than white households on the income they earn: for every $1 in wealth that accrues to median Black households associated with a higher income, median white households accrue $4.06. Meanwhile, for every $1 in wealth that accrues to median Latino households associated with higher income, median white households accrue $5.37.”

“If public policy successfully eliminated racial disparities in income, median Black wealth would grow $11,488 and the wealth gap between Black and white households would shrink 11 percent. Median Latino wealth would grow $8,765 and the wealth gap with white households would shrink 9 percent.”

“If public policy successfully equalized the return to income, so that each additional dollar of income going to Black and Latino households was converted to wealth at the same rate as white households, median Black wealth would grow $44,963 and median Latino wealth would grow $51,552. This would shrink the wealth gap with white households by 43 and 50 percent respectively.”

Now STFU.

Now STFU

No African...YOU shut the fuck up!

If public policy successfully eliminated racial disparities in homeownership rates, so that Blacks and Latinos were as likely as white households to own their homes,

Bitch...been there done that

Under Obama, all gains in African wealth, were lost
This wealth was gained, under Clinton

Granting loans based on income, job history
debt ratio and credit score(worthiness)
is not redlining, it’s practical

No one is entitled to own a home
unless they can afford it

If public policy successfully equalized the return on homeownership, so that Blacks and Latinos saw the same financial gains as whites as a result of being homeowners,

What, create policies forcing buyers to pay top dollar on a home
that wasn’t taken care of, in a shithole neighborhood

If public policy successfully eliminated racial disparities in college graduation rates, median Black wealth would grow $1,313

What, create policies to give Africans degrees

So, current public policy is to blame
for the rate of Africans graduating from college?

If public policy successfully equalized the return to college graduation, median Black wealth would grow $10,786

So, current public policy is to blame
for African choices and responsibilities?

So, if an African graduates college
but, has outstanding debt, expensive taste,
maybe they already have a couple kids,
maybe they chose a field that wasn’t practical...

That’s whose fault?
White people and public policy

If public policy successfully eliminated racial disparities in income, median Black wealth would grow $11,488

So, people who work at McDonalds or Walmart
should make the same as a nurse

So, Africans being limited to low paying jobs
is the result of public policy

If public policy successfully equalized the return to income, so that each additional dollar of income going to Black and Latino households was converted to wealth at the same rate as white households

Again, if Africans obligations or spending habits
prevent them from accumulating wealth
because they spend their money foolishly
or are taking care of their responsibilities
how is anyone or anything else to blame?

You want policies to give Africans loans, again,
so they can buy homes they can’t afford and won’t take care of
and force potential buyers to pay more then the house is worth

You want policies to give Africans college degrees
so there are as many Africans with a college degree as whites

You want policies that require paying Africans,
working low paying jobs, top dollar

You want policies that create wealth
because their obligations and poor choices
prevent them from accumulating wealth otherwise

Go fuck yourself African

Thank goodness for liberal policies, affirmative action, diversity programs, labor laws, unions that blacks made the gains until Reagan and the bush’s caused a Great Recession.

Turned Clinton’s surplus into a Great Recession. Then obama had to clean up the mess.

Thank goodness for liberal policies, affirmative action, diversity programs, labor laws, unions that blacks made the gains until Reagan and the bush’s caused a Great Recession.

Turned Clinton’s surplus into a Great Recession. Then obama had to clean up the mess.

Clinton’s lending policies, which enabled
low income Africans, with unstable work history,
low credit scores and were risky, to secure loans

caused the housing crisis...African foreclosures
were already on the rise in 2007

What mess did Obama clean up?

Out of over 23 TRILLION DOLLARS
handed over to Wall Street,
less than 4 BILLION DOLLARS was spent,
to help low income, minority homeowners
at the greatest risk of foreclosure
when he earmarked 50 BILLION DOLLARS,
specifically for these homeowners with HAMP

By the end of Obama’s presidency
all gains Africans had accumulated under Clinton
vanished and have yet to be recovered

No it was Bushanomics that cause the Great Depression and that caused the housing crisis.

It was a lot more than that but you get my point. It wasn't Clinton. Clinton had a booming economy where everyone was working and could make their house payments. Bush sent all those jobs overseas and tanked the economy. Some think on purpose. I do.

No it was Bushanomics that cause the Great Depression and that caused the housing crisis.

Oh wow...have it your way

It was a lot more than that but you get my point. It wasn't Clinton. Clinton had a booming economy where everyone was working and could make their house payments. Bush sent all those jobs overseas and tanked the economy. Some think on purpose. I do.

Under Obama, African wealth evaporated
Over 23 TRILLION DOLLARS was handed to Wall Street

75 BILLION was allocated for HAMP,
to modify existing mortgage loans to avoid foreclosure
Then it was 50 BILLION
Less than 4 BILLION was used to modify the mortgages
of low income minority’s at greatest risk of foreclosure

Yes all our wealth evaporated after the Bush recession. The rich rebounded and things are back to normal for people who didn't lose their jobs and managed to stay a float sure. And the rich actually benifitted from it. They purchased your home cheap when you foreclosed. Your credit got ruined and you do not have as good of a job as you did before Bush's recession. Don't blame Obama for that.

Also, under Obama we all got through the great recession Bush caused. Today you'll brag that blacks are doing better than ever because of Trump. You want to ignore that recovery started on Obama's watch.

I remember in 2015 and 2016 doing great and I couldn't understand why Republicans kept saying the economy sucked. Oh yea, an election was coming up. And Republicans love to lie. No matter how good Obama did it wasn't enough. Remember his unemployment went under 4% and you said the unemployment number wasn't real? Well lets see how quickly you guys flip flopped on that

The hypocrisy of Trump’s State of the Union jobs claims, in one chart

Trump used to say jobs numbers were fake. Now he says the news is.

President Donald Trump during the State of the Union address on Tuesday boasted of an “unprecedented economic boom” and the addition of millions of jobs to the United States economy. Jobs growth trends aren’t all that different from what they were under his predecessor, President Barack Obama, but the way he talks about it, you wouldn’t know it.

The way Trump talks about the jobs market has undergone a pretty dramatic shift in recent years, and not because of a major change in economic trends. It’s because Trump loves movingthe goalposts on his measures of success.

The US economy has been steadily adding jobs since the Great Recession. Under President Barack Obama, the economy averaged an additional 109,000 jobs per month, and the administration oversaw 75 consecutive months of growth, the longest streak of total job growth on record.

Under Trump, the trend has continued: The economy has kept adding jobs, and the unemployment rate is now at 4 percent, nearing historically low levels.

But the way Trump talks about it, you wouldn’t know it. Aaron Sojourner, a professor at the University of Minnesota and a former labor economist for the Council of Economic Advisers under Obama and Trump, charted out the shift in Trump’s talking points — compared with how the US jobs market is actually doing — on Twitter recently.

“The talking points changed,” he wrote, “not the growth trend.”

View image on Twitter



So stop lying to me and yourself

 

[John Shaw]

I'm not rich though. Must be someone's holding me back, and not my own fault. Still waiting on that big government handout and the accompanying whiteness award. Any day now, I'm sure.

Yawn.

You're right, boring subject. That must be why you're obsessed with it.

You are boring. The subject is not. I am obsessed with my survival just like you are. But you're young and stupid so your attitude is expected.

I've yet to see you make a single salient point. The only thing you ever write that's worth a damn is shit you've copied from someone else, and even that is 90% trash. But hey, at least you're good for the comedy.

You mean every point we have made has gone over your tiny brain?

Boy I love this college scam story that's out there right now. That gives us a glimpse of white privilege and rich privilege.

For years we've been saying the game is rigged and you guys deny it.

Now I don't see you cons crying about how some rich person probably took your kids spot at Harvard. You worried so much about black people who might get in ahead of your kids because they are black. Boy that sure does fucking bother you ***** but hardly a peep out of you now that you know rich people are the ones bending you over.

What? What the hell do they have to do with me? What are you talking about? Put the crack pipe down, buddy. There's a pretty good reason why no one understands you; it has little to do with their intelligence and much more to do with yours.