Politics,Economics and The Struggle To Survive In America

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Racism In America Should Not Take Center Stage in the Global Fight Against White Supremacy

Posted by Jerrald J President on July 21, 2021 at 6:45 AM Comments comments (0)

https://www.yahoo.com/news/racism-america-not-center-stage-031749966.html

Http://www.jerraldpresident.info//


 With roots in European-led colonization, race is now hard-wired into the structures and institutions of globalization. The Big Four of Accounting, the Magic Circle of Law, the Big Three of Management Consulting, rating agencies: all of these companies that have enormous global influence are headquartered in the West....

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These 2 charts show how the racial wealth gap has gotten even wider over the years

Posted by Jerrald J President on July 12, 2021 at 6:45 AM Comments comments (0)

https://www.businessinsider.com/charts-how-much-wealth-each-race-ethnicity-held-2020-2021-3Http://www.jerraldpresident.info//

 "From the last quarter of 2019 to the last quarter of 2020, total household wealth of white Americans increased by $9.58 trillion to $103.40 trillion. Black Americans increased their total household wealth by $0.52 trillion, from $4.46 trillion in the fourth quarter of 2019 to $4.98 trillion in the last quar...

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Wealth Gaps between White, Black and Hispanic Families in 2019

Posted by Jerrald J President on June 30, 2021 at 10:05 AM Comments comments (0)

https://www.stlouisfed.org/on-the-economy/2021/january/wealth-gaps-white-black-hispanic-families-2019

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  Wealth Gaps between White, Black and Hispanic Families in 2019 

By Ana Hernández Kent, Senior Researcher, Institute for Economic Equity; and Lowell R. Ricketts, Data Scientist, Institute for Economic Equity

 

Education, family structu...

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3.5 million Black American households have a negative net worth, new study finds

Posted by Jerrald J President on June 30, 2021 at 7:35 AM Comments comments (0)

https://www.cnn.com/2021/06/18/business/black-wealth-mckinsey-study/index.html

Http:www.jerraldpresident.info//

  Watching the BET awards and Youtube guru's you'd thing Black people are BALLING! By JJP

  3.5 million Black American households have a negative net worth, new study finds


 

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Exclusive: America's biggest banks detail 30 things they can do to combat racial inequality

Posted by Jerrald J President on June 30, 2021 at 7:25 AM Comments comments (0)

https://www.cnn.com/2021/06/28/business/banks-racial-inequality/index.ht

Http://www.jerraldpresident.info//

  The privately owned banking system with implicit approval from the United States government. Created this incestuous housing market that devalues Black home ownership thru explicitly RACIST policies. Now say they can FIX the problem. Really? By JJP

  

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Household net worth climbs to $136.9 trillion, thanks to big stock market gains

Posted by Jerrald J President on June 30, 2021 at 6:20 AM Comments comments (0)

https://www.cnbc.com/2021/06/10/household-net-worth-climbs-to-136point9-trillion-thanks-to-big-stock-market-gains.html

Http://www.jerraldpresident.info//

  The rich always get richer! Gangster Capitalism 101. By JJP

  Household net worth climbs to $136.9 trillion, thanks to big stock market gains


The net worth of U.S. hous...

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Racial disparities in school-based disciplinary actions are associated with county-level rates of racial bias

Posted by Jerrald J President on June 3, 2021 at 7:50 AM Comments comments (0)

https://www.pnas.org/content/116/17/8255

Http://www.jerraldpresident.info//


  Racial disparities in school-based disciplinary actions are associated with county-level rates of racial bias


 

Significance

Black students in the United States are subject to disciplinary action at rates much higher than their w...

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US Billionaire Wealth Surges to $584 Billion, or 20 Percent, Since the Beginning of the Pandemic

Posted by Jerrald J President on August 13, 2020 at 10:25 AM Comments comments (0)

https://ips-dc.org/us-billionaire-wealth-584-billion-20-percent-pandemic/

Http://www.jerraldpresident.info//


   Still believe in a rising tide lifting all BOATS. Over 50 million people filed for UNEMPLOYMENT during this PANDEMIC, while the richest 1% wealth increased $600 billion DOLLARS at the same damn time. Gangster Capitalism 101

By JJP...

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What Is Behind the Persistence of the Racial Wealth Gap?

Posted by Jerrald J President on July 7, 2020 at 10:25 AM Comments comments (0)

https://www.clevelandfed.org/newsroom-and-events/publications/economic-commentary/2019-economic-commentaries/ec-201903-what-is-behind-the-persistence-of-the-racial-wealth-gap.aspx

Http://www.jerraldpresident.info//

  " In 2016, the average wealth of households with a head identifying as black was $140,000, while the corresponding level for white-headed households was $901,000, nearly 6.5 times greater". Yet I'm to believe whit...

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The Racial Wealth Gap in America: Asset Types Held by Race

Posted by Jerrald J President on July 7, 2020 at 10:15 AM Comments comments (0)

https://www.visualcapitalist.com/racial-wealth-gap/

Http://www.jerraldpresident.info//


  It's all always about RACE in America. By JJP

  The Racial Wealth Gap in America: Asset Types Held by Race

  The Racial Wealth Gap

People of color have faced economic ...

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Fed?s $500B Municipal Bond Buying Could Leave Out Cities with Large Black Populations

Posted by Jerrald J President on April 16, 2020 at 9:25 AM Comments comments (0)

https://www.ibtimes.com/feds-500b-municipal-bond-buying-could-leave-out-cities-large-black-populations-2959164

Http://www.jerraldpresident.info//

  Did you really think America would  help BLACK AMERICANS? By JJP

  Fed’s $500B Municipal Bond Buying Could Leave Out Cities with Large Black Populations


 

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Reparations, rebranded

Posted by Jerrald J President on February 27, 2020 at 11:40 PM Comments comments (0)

https://www.washingtonpost.com/business/2020/02/24/reparations-south-carolina-clyburn/?arc404=true

Http://www.jerraldpresident.info//


  21st century Sambo/House Nigga AKA Representative Rep. James E. Clyburn of south Carolina. By JJP

Reparations, rebranded

South Carolina Congressman...

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Haiti by the Numbers: 10 Years Later

Posted by Jerrald J President on February 26, 2020 at 3:30 PM Comments comments (0)

https://www.counterpunch.org/2020/01/10/haiti-by-the-numbers-10-years-later/

Http://www.jerraldpresident.info//

Total foreign assistance disbursed in Haiti since the 2010 earthquake, as of 2018: $11,581,637,407.32. That's $11.5 BILLION DOLLARS! Where did it go? By JJP

 

Haiti by the Numbers: 10 Years Later

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World's billionaires have more wealth than 4.6 billion people

Posted by Jerrald J President on February 26, 2020 at 3:25 PM Comments comments (0)

https://www.cbsnews.com/news/worlds-billionaires-have-more-wealth-than-4point6-billion-people-oxfam-report-today-2020-01-19/

Http://www.jerraldpresident.info//

  "The number of billionaires has doubled in the past decade, thanks partly to government policies such as the 2017 U.S. tax overhaul, which cut taxes for America's rich and corporations, as well as the strong stock market". Still believe in the American Dream? B...

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Racial and ethnic income gaps persist amid uneven growth in household incomes

Posted by Jerrald J President on January 9, 2020 at 9:20 AM Comments comments (0)

https://www.epi.org/blog/racial-and-ethnic-income-gaps-persist-amid-uneven-growth-in-household-incomes/

Http://www.jerraldpresident.info//


   As the world continues to turn Black citizens continue to fall further and further down the proverbial "RABBIT HOLE"! In 2012 black household income was $37k, today it's $41k. Wake up!!!!! By JJP

Racial a...

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This Is What Racism Sounds Like in the Banking Industry

Posted by Jerrald J President on December 16, 2019 at 8:50 AM Comments comments (0)

https://www.nytimes.com/2019/12/11/business/jpmorgan-banking-racism.html

Http://www.jerraldpresident.info//

 Are you truly surprised by this so-called revelaton? The 2007-2008 Financial crisis illuminated their treacherous behavior/racist behavior towards BLACK MEN & WOMEN! By JJP

 

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Report: Nearly half of American workers have low-wage jobs

Posted by Jerrald J President on December 6, 2019 at 9:40 AM Comments comments (0)

https://www.knoe.com/content/news/Report-Nearly-half-of-American-workers-have-low-wage-jobs-565741211.html

Http://www.jerraldpresident.info//

  44% of American workers are employed in low-wage jobs that pay median annual wages of $18,000. Men Lie, Women Lie Numbers Don't! By JJP

 

Report: Nearly half of American workers have low-wage jobs...

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Almost half of all Americans work in low-wage jobs

Posted by Jerrald J President on December 6, 2019 at 9:35 AM Comments comments (0)

https://www.cbsnews.com/news/minimum-wage-2019-almost-half-of-all-americans-work-in-low-wage-jobs/

Http://www.jerraldpresident.info//


  Surprise, Surprise, Surprise welcome to the real AMERICA! By JJP

Almost half of all Americans work in low-wage jobs

BY AIMEE PICCHI

...

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The $4 trillion force propelling US stocks to record highs

Posted by Jerrald J President on December 4, 2019 at 9:20 AM Comments comments (0)

https://www.cnn.com/2019/11/22/investing/stocks-market-fed-overnight-lending-rescue/index.html

Http://www.jerraldpresident.info//

 Yet we wonder why we're BROKE, the privately owned Federal Reserve Bank is creating money out of thin air. Giving this new money to it's friends at ZERO interest, which allows their buddies to buy up everything in their path. Please don't say they kept this a SECRET! By JJP

...

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The staggering amount of wealth held by the Forbes 400 more than doubled over the last decade. But their tax rates actually dropped.

Posted by Jerrald J President on December 4, 2019 at 6:40 AM Comments comments (0)

https://www.businessinsider.com/forbes-400-wealth-doubled-last-decade-as-tax-rate-fell-2019-11

Http://www.jerraldpresident.info//

 

400 US citizens — or roughly 0.00025% of the American population have more wealth than 184 Million american citizens.

Wealth owned by the Forbes 400 in 2009: $1.27 trillion (2.7% of total US wealth). Their tax rate:...

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