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Edwards: The average net worth of black families is about $8,000; white families is about $80,000

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jsamuel Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 02:37 AM
Original message
Edwards: The average net worth of black families is about $8,000; white families is about $80,000
Edited on Sun Jan-13-08 02:42 AM by jsamuel
"Race plays an enormous role in the economic conditions of Americans," said Edwards. "We can pretend it's not true but decade after decade of slavery followed by decade after decade of segregation, followed by decade after decade of discrimination has an impact. It has an effect."

As many as 300 voters (about 20 percent of whom were African-American) listened inside the Penn Center - one of the first schools in America for freed black slaves - as Edwards listed off the statistics proving the disadvantages faced by African-Americans in the U.S.

"The average net worth of black families is about $8,000; white families is about $80,000," said Edwards with one of his more sobering statistics. "Let me tell you, we're not moving in the right direction."

Race issues were rare in Edwards's stump speeches in New Hampshire and Iowa. But with such a heavy black population expected to vote in the South Carolina primary this month, it should come as no surprise that Edwards brought up the subject unprompted in tonight's speech and, likely, in many of his speeches to come in the next couple of weeks.

http://www.cbsnews.com/blogs/2008/01/11/politics/fromtheroad/entry3703507.shtml

The reporter tries to bill this as Edwards first remarks on race, but as some of us know, Edwards started his campaign in New Orleans and has made all people in poverty a central theme of his campaign.
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Catherine Vincent Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 02:38 AM
Response to Original message
1. Wow! That's sad. nt
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JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 02:42 AM
Response to Original message
2. Edwards is the boldest candidate. He does not fear taking on
the issue of race and poverty. Good for Edwards.
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yungCaucasoid Donating Member (39 posts) Send PM | Profile | Ignore Sun Jan-13-08 02:43 AM
Response to Original message
3. this is real talk by Edwards, because Hispanic Family's avg. net worth is...
$14,000.

Which is more proof that Blacks will always remain last, in this Nation. Whether this is true, or not, Edwards really disappointed me by trying to blame this peculiar reality on us Caucasoids.
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NMMNG Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 02:45 AM
Response to Reply #3
5. I think you mistook this for the KKK forums.
:eyes:
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yungCaucasoid Donating Member (39 posts) Send PM | Profile | Ignore Sun Jan-13-08 03:01 AM
Response to Reply #5
9. No. I think its just that you've mistook ME for someone who...
hates the truth.

Thats all I am posting.

I knew of truth that Edwards claims, months ago, thats why I was able to add the Hispanic family's net worth figures.

Every race that enters this Country, is allowed to pass up Blackfolk, in 'status and stature' within Pop Culture.

And, it's no secret why.

So, you should figure out a way to quit following me around, getting mad at the messenger instead 'TRUTHS IN THE MESSAGE' I post.

Even still, I won't name call and insult like you all are doing me...like I said, thats why we've lost the last two elections.
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NMMNG Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 03:04 AM
Response to Reply #9
10. Poor beleaguered white folk
They're so discriminated against. :sarcasm:
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Mythsaje Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 03:08 AM
Response to Reply #9
12. There are those who'd like it to be a race war
but the truth is that it's a class war.
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 03:28 AM
Response to Reply #12
19. It's only a class war
If you've never been the victim of the race war or the sex war.
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Mythsaje Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 02:56 PM
Response to Reply #19
34. Oh, it's a class war one way or another...
In my opinion, whites have been most guilty of allowing them to divide us. We're entirely too easily led into conflict with people we should be supporting, not fighting.
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Chomskyite Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 02:46 AM
Response to Reply #3
6. Who else would be blamed?
n/t
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jsamuel Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 02:46 AM
Response to Reply #3
7. "trying to blame this peculiar reality on us Caucasoids"???
You don't think whites enslaving and then decades of racism might have had a contributing factor to the difference?
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yungCaucasoid Donating Member (39 posts) Send PM | Profile | Ignore Sun Jan-13-08 03:04 AM
Response to Reply #7
11. oh I definitely see truth in what you post, sir...
but that is totally independent of, and cancerous to, the success of a minority who wants to dwell on it. So, Edwards shouldn't bring it up, to get a forest fire blazing.
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tammywammy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 02:47 AM
Response to Reply #3
8. I think you're on the wrong forum
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yungCaucasoid Donating Member (39 posts) Send PM | Profile | Ignore Sun Jan-13-08 03:09 AM
Response to Reply #8
13. THATS only if this is the *WE HATE the TRUTH!* forum, so...
Edited on Sun Jan-13-08 03:09 AM by yungCaucasoid
please let me know if thats the case...thx
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tammywammy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 03:10 AM
Response to Reply #13
14. Wow, your use of CAPS has totally convinced me
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yungCaucasoid Donating Member (39 posts) Send PM | Profile | Ignore Sun Jan-13-08 03:26 AM
Response to Reply #14
17. Good. Now, please, you convince me, if...
this is the truth-hating forum...because your posts are doing everything but answering my questions.

And considering it's to try and end the attacks, through seeking an Understanding, then it makes you appear 'suspect' with the evasiveness and all.
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tammywammy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 03:40 AM
Response to Reply #17
22. Oh, you thought I was serious
No, this isn't a truth hating forum. But your brand of "truth" might be better suited for another place.
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NMMNG Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 03:17 AM
Response to Reply #13
15. Here you go
They like the TRUTH here.
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yungCaucasoid Donating Member (39 posts) Send PM | Profile | Ignore Sun Jan-13-08 03:28 AM
Response to Reply #15
18. I had no idea *the truth hurts this way* to some DU'ers.
You're in my prayers.
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NMMNG Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 03:38 AM
Response to Reply #18
20. You're definitely barking up the wrong tree
:rofl:
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yungCaucasoid Donating Member (39 posts) Send PM | Profile | Ignore Sun Jan-13-08 06:08 AM
Response to Reply #20
25. Since I don't know how to bark? then...I really don't care
Edited on Sun Jan-13-08 06:09 AM by yungCaucasoid
:rofl
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NMMNG Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 06:10 AM
Response to Reply #25
26. Do you think I care if you care?
:eyes:
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yungCaucasoid Donating Member (39 posts) Send PM | Profile | Ignore Sun Jan-13-08 06:12 AM
Response to Reply #26
27. Obviously. Because reply#20 here, is yours, not mine.
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NMMNG Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 06:14 AM
Response to Reply #27
28. I'll take non sequiturs for $500, Alex
:crazy:
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yungCaucasoid Donating Member (39 posts) Send PM | Profile | Ignore Sun Jan-13-08 06:24 AM
Response to Reply #28
30. ahh...and you chose the DAILY DOUBLE!
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Der Blaue Engel Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 03:20 AM
Response to Reply #13
16. "WE HATE the TRUTH!"
Isn't that the motto of the Republican Party?

Or maybe it's "WE MAKE UP the TRUTH!"
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NMMNG Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 03:38 AM
Response to Reply #16
21. Be careful or he'll pray for you too
:P
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yungCaucasoid Donating Member (39 posts) Send PM | Profile | Ignore Sun Jan-13-08 06:36 AM
Response to Reply #21
32. Here. pray over this a little bit:
Edited on Sun Jan-13-08 06:37 AM by yungCaucasoid
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wiley Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 03:59 AM
Response to Reply #3
24. The source of your information about Hispanics?
Once again, would just like to look at some numbers.
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99th_Monkey Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 02:45 AM
Response to Original message
4. Now that is one powerful piece of information. Go Johnny Go!!
I want that in the headlines of every major paper in the USA.

Thank you John for reporting it, and standing up for ALL of us, and not just some of us.
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wiley Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 03:57 AM
Response to Original message
23. Do you have any links for this information?
It's not that I distrust Senator Edwards, but I would like to see how that was determined. Economic disparity between different races in the US is a fact, but I've never seen figures that stark.
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yungCaucasoid Donating Member (39 posts) Send PM | Profile | Ignore Sun Jan-13-08 06:22 AM
Response to Reply #23
29. Edwards is correct here, wiley...sadly and truly
The mid (2005) Census already determined it. As well as, validated that the median income for Black Americans is THE EXACT SAME 3/5ths of Whites' median income. Oh yes that same 3/5ths which they were LEGALLY deemed equal to us Caucasoids, way back in the 1787 U.S. Constitution.

Just wait 2 more years, it'll be made mass media material then, it won't matter...as if it does now
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wiley Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 06:27 AM
Response to Reply #29
31. Thanks.
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jsamuel Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 02:44 PM
Response to Original message
33. kick
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smokey nj Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 02:59 PM
Response to Original message
35. K&R!!!
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