Zone1 13 Percent, 4.2 Percent, 60 Percent and 86 Percent

[el midgetron]

Please clarify your post to me.

It’s satire

 

[Markle]

Their Family Bought Land One Generation After Slavery.​

The Reels Brothers Spent Eight Years in Jail for Refusing to Leave It.​

Between 1910 and 1997, African Americans lost about 90% of their farmland. This problem is a major contributor to America’s racial wealth gap; the median wealth among black families is about a tenth that of white families. Now, as reparations have become a subject of national debate, the issue of black land loss is receiving renewed attention. A group of economists and statisticians recently calculated that, since 1910, black families have been stripped of hundreds of billions of dollars because of lost land. Nathan Rosenberg, a lawyer and a researcher in the group, told me, “If you want to understand wealth and inequality in this country, you have to understand black land loss.”

LAND WAS AN IDEOLOGICAL PRIORITY for black families after the Civil War, when nearly 4 million people were freed from slavery. On Jan. 12, 1865, just before emancipation, the Union Army Gen. William Tecumseh Sherman met with 20 black ministers in Savannah, Georgia, and asked them what they needed. “The way we can best take care of ourselves is to have land,” their spokesperson, the Rev. Garrison Frazier, told Sherman. Freedom, he said, was “placing us where we could reap the fruit of our own labor.” Sherman issued a special field order declaring that 400,000 acres formerly held by Confederates be given to African Americans — what came to be known as the promise of “40 acres and a mule.” The following year, Congress passed the Southern Homestead Act, opening up an additional 46 million acres of public land for Union supporters and freed people.

The promises never materialized. In 1876, near the end of Reconstruction, only about 5% of black families in the Deep South owned land. But a new group of black landowners soon established themselves. Many had experience in the fields, and they began buying farms, often in places with arid or swampy soil, especially along the coast. By 1920, African Americans, who made up 10% of the population, represented 14% of Southern farm owners.

A white-supremacist backlash spread across the South. At the end of the 19th century, members of a movement who called themselves Whitecaps, led by poor white farmers, accosted black landowners at night, beating them or threatening murder if they didn’t abandon their homes. In Lincoln County, Mississippi, Whitecaps killed a man named Henry List, and more than 50 African Americans fled the town in a single day. Over two months in 1912, violent white mobs in Forsyth County, Georgia, drove out almost the entire black population — more than a thousand people. Ray Winbush, the director of the Institute for Urban Research, at Morgan State University, told me, “There is this idea that most blacks were lynched because they did something untoward to a young woman. That’s not true. Most black men were lynched between 1890 and 1920 because whites wanted their land.”

By the second half of the 20th century, a new form of dispossession had emerged, officially sanctioned by the courts and targeting heirs’ property owners without clear titles.

Their Family Bought Land One Generation After Slavery. The Reels Brothers Spent Eight Years in Jail for Refusing to Leave It.

features.propublica.org

 

[Hector12]

Blacks are 13 percent of the population, so we should have 13 percent of the wealth. We would have that if not for things that were done.

That would only be true if blacks and whites were intrinsically equal. Blacks tend to earn less money than whites because they tend to be less intelligent.

Even when blacks and whites earn the same incomes, blacks are less likely to save money, and more likely to go into debt.

This is because Negroes are closer in numbers of generations to a paleolithic way of life. When paleolithic people killed an animal what they could not eat would decay, so there was no need to defer gratification.

Farmers knew that they needed to defer gratification. They could not eat all the grain from the last harvest because they needed to keep some for spring planting. They could not butcher and eat all of their domestic animals because they needed some domestic animals to give birth to additional domestic animals.

 

[Blues Man]

True equality in the American capitalist system means all races must have control of capital equal to their proportion of the population. Blacks are thirteen percent of the American people but have 4.2 percent of the wealth. Hispanics have 3.1. Whites are 60 percent of the population but havee 86 percent of the wealth. That leaves 14 percent for blacks, Hispanics, Native Americans, Asians and Pacific Islanderrs. So when you take into acccount the 7.3 percent of the wealth between blacks and Hispanics, Native Americans, Asians and Pacific Islanders have 6.7 percent of the wealth. So that kills the model minority myth.

Who owns wealth in the United States?
According to data from the Federal Reserve, in 1990, white households owned 90.7% of household wealth in the United States, whereas Black households owned 3.8% and Hispanic households owned 2.1%. These numbers have changed little over the past 30 years, with white households now owning 85.5% of wealth in 2019, and Black households owning 4.2% and Hispanic households owning 3.1%. Most of the white wealth decline is due to other racial groups attaining a share wealth.

White people own 86% of wealth and make up 60% of the population

White wealth is diversified among real estate, equities, and other assets, whereas non-white wealth is mostly in pensions and real estate.

usafacts.org

The Fed - Table: Distribution of Household Wealth in the U.S. since 1989

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

Blacks are 13 percent of the population, so we should have 13 percent of the wealth. We would have that if not for things that were done.

No that would be communism.

And wealth is nothing but net worth and anyone can increase their net worth if they want to.

 

[Hector12]

What happened to Negroes in the past does not explain their low average intelligence now, and their high rates of crime and illegitimacy.

 

[leftwinger]

What happened to Negroes in the past does not explain their low average intelligence now, and their high rates of crime and illegitimacy.

Those that decide not to follow existing law end up costing themselves a good percentage of their wealth. Always playing catch up. Ending up at the Advance paydaywindow, Paying fees, fines, settlements, repairing damages, losing deposits, jobs, paychecks. Guess who does that? Uneducated Youth, rebels, racists and dumb Adults.

 

[Markle]

Blacks are 13 percent of the population, so we should have 13 percent of the wealth. We would have that if not for things that were done.

Why? I have shown you several different facts which highlight why OUTCOMES are not equal. You refuse to comment or refute them in any way. Why?

 

[MizMolly]

That would only be true if blacks and whites were intrinsically equal. Blacks tend to earn less money than whites because they tend to be less intelligent.

Even when blacks and whites earn the same incomes, blacks are less likely to save money, and more likely to go into debt.

This is because Negroes are closer in numbers of generations to a paleolithic way of life. When paleolithic people killed an animal what they could not eat would decay, so there was no need to defer gratification.

Farmers knew that they needed to defer gratification. They could not eat all the grain from the last harvest because they needed to keep some for spring planting. They could not butcher and eat all of their domestic animals because they needed some domestic animals to give birth to additional domestic animals.

Why to you equate racial equality when it comes to wealth? There are too many variables. There are more black NBA players. You always respond with there being more white team owners. Everything isn’t always equal and everything isn’t alway because of race. Perhaps black athletes excel in some sports. Some people choose to advance their education and excel in their careers. There was a time when race played a role in wealth equality, not today. If that were the case there would not be wealthy black people. Oh, by the way, not all whites are wealthy.

 

[Mikeoxenormous]

Basketball has nothing to do with this topic.

Of course now, because those "blacks" make a hell of a lot more money then your sorry, whiney ass does.

 

[IM2]

Of course now, because those "blacks" make a hell of a lot more money then your sorry, whiney ass does.

No, because aside from the players on the court, the NBA is mostly white.

 

[Mikeoxenormous]

No, because aside from the players on the court, the NBA is mostly white.

But if we are supposed to go by percentages, 14 percent of the team is black, and 64 percent is white. Got it. Also, basketball was developed by a "Whitie" and you blacks have culturally appropriated the game. See how fucked up you dumbass blacks are who constantly whine about how unfair your god damn lives are? Sick of you...

 

[IM2]

But if we are supposed to go by percentages, 14 percent of the team is black, and 64 percent is white. Got it. Also, basketball was developed by a "Whitie" and you blacks have culturally appropriated the game. See how fucked up you dumbass blacks are who constantly whine about how unfair your god damn lives are? Sick of you...

You're really a dumb ass. Players compete for jobs. They actually play against each other and the best ones are picked. So how about we do that in every business instead of looking at resumes? Give the applicants job duties and the cut the ones who show they can't do the job until you have found the best performers.

 

[Mikeoxenormous]

You're really a dumb ass. Players compete for jobs. They actually play against each other and the best ones are picked. So how about we do that in every business instead of looking at resumes? Give the applicants job duties and the cut the ones who show they can't do the job until you have found the best performers.

Is that how it works? Why is it that Jessie "love child" Jackson made sure that companies had to have quotas for their businesses, even when those "blacks" werent qualified for the position, yet still had that job? Huh? Why did colleges do the same thing? Oh yeah, so they wouldnt be sued for "racism".

Shakedown King Jesse Jackson Quacks Up

You can't make this up. Nor would you want to: A&E has already suspended Robertson, but Reverend Jackson, his Rainbow PUSH Coalition and GLAAD are demandin

www.theamericanconservative.com

 

[IM2]

Is that how it works? Why is it that Jessie "love child" Jackson made sure that companies had to have quotas for their businesses, even when those "blacks" werent qualified for the position, yet still had that job? Huh? Why did colleges do the same thing? Oh yeah, so they wouldnt be sued for "racism".

Shakedown King Jesse Jackson Quacks Up

You can't make this up. Nor would you want to: A&E has already suspended Robertson, but Reverend Jackson, his Rainbow PUSH Coalition and GLAAD are demandin

www.theamericanconservative.com

Since quotas were whites 100 percent, no blacks need apply until 58 years ago, you can take wour whining elsewhere. This thread was started because whites have disproportionate wealth relative to their population and racism is the reason.

 

[Mikeoxenormous]

Since quotas were whites 100 percent, no blacks need apply until 58 years ago, you can take wour whining elsewhere.

Yes, 58 years ago, it was the same Democrats that were keeping those quotas, yet today, you dumbass blacks, keep voting for them. Stupid is as stupid votes...Dumbass.

 

[IM2]

More nonsense.

 

[Mikeoxenormous]

More nonsense.

I double dare you to read this book. Every footnote comes from accredited sources.

Amazon product

 

[Libby von H]

True equality in the American capitalist system means all races must have control of capital equal to their proportion of the population. Blacks are thirteen percent of the American people but have 4.2 percent of the wealth. Hispanics have 3.1. Whites are 60 percent of the population but havee 86 percent of the wealth. That leaves 14 percent for blacks, Hispanics, Native Americans, Asians and Pacific Islanderrs. So when you take into acccount the 7.3 percent of the wealth between blacks and Hispanics, Native Americans, Asians and Pacific Islanders have 6.7 percent of the wealth. So that kills the model minority myth.

Who owns wealth in the United States?
According to data from the Federal Reserve, in 1990, white households owned 90.7% of household wealth in the United States, whereas Black households owned 3.8% and Hispanic households owned 2.1%. These numbers have changed little over the past 30 years, with white households now owning 85.5% of wealth in 2019, and Black households owning 4.2% and Hispanic households owning 3.1%. Most of the white wealth decline is due to other racial groups attaining a share wealth.

White people own 86% of wealth and make up 60% of the population

White wealth is diversified among real estate, equities, and other assets, whereas non-white wealth is mostly in pensions and real estate.

usafacts.org

The Fed - Table: Distribution of Household Wealth in the U.S. since 1989

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

Blacks are 13 percent of the population, so we should have 13 percent of the wealth. We would have that if not for things that were done.

Who gave those whites a LOT of their money ? OBAMA , PRESIDENT OBAMA
Doesn't his $15 Million home give you some pause