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View Diary: Wealth gap along racial lines worst in quarter-century since Census began collecting data (72 comments)

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  •  Nothing "faux" about the concern... (1+ / 0-)
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    navajo

    ...expressed when whole segments of the population see whatever economic well-being they have been able to accrue over the years shattered. Money isn't everything. A good job isn't everything. A house of one's own isn't essential to thrive. But it's far from laughable that people who didn't have much money to begin now have less, that people with jobs have none and that people lost homes they had been paying mortgages for years.

    Don't tell me what you believe. Tell me what you do and I'll tell you what you believe.

    by Meteor Blades on Tue Jul 26, 2011 at 07:24:17 PM PDT

    [ Parent ]

    •  I said that the faux concern and giddiness is (0+ / 0-)

      funny, not the economic plight of AAs which, if anyone has been paying attention for the past 400 years, is clearly evident, without this latest statistic.

      Melissa Harris-Perry made the point tonight that AA housing wealth is so low precisely because white Americans do not want to live in black neighborhoods, thereby lowering property values.

      I submit that homes in black neighborhoods still have immense value to black homeowners, property taxes and school funding aside.

      “Do not think that I came to bring peace on Earth; I did not come to bring peace, but a sword. For I came to set a man against his father, and a daughter against her mother, and a daughter-in-law against her mother-in-law." - Jesus

      by Jose Bidenio on Tue Jul 26, 2011 at 08:10:01 PM PDT

      [ Parent ]

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