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Subject: "Secure the bag/Lose the bag; blk wealth " Previous topic | Next topic
Riot
Member since May 25th 2005
14614 posts
Mon Jul-09-18 12:53 PM

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"Secure the bag/Lose the bag; blk wealth "


  

          

Black exec who was pegged to be next ceo at nike is out after partially #metoo'ing himself. "partially" because I haven't seen any allegations directly against him, just that he defended/protected folks when they were doing dirt. In total Like 12 top execs all left the company tho, so Nike prolly just had bad culture/ boys club environment
http://www.blackenterprise.com/nike-president-trevor-edwards-resigns-amid-workplace-misconduct-investigation/

The prisonbae dude got his new daughter-of-a- billionaire gf pregnant-
https://www.bet.com/celebrities/news/2018/03/28/jermey-prison-bae-meeks-girlfriend-big-news.html

AKA, Jaye electronica lost

Also
Pete Davidson and Arians grande engaged-
https://www.usmagazine.com/wp-content/uploads/2018/06/Pete-Davidson-Ariana-Grande-Matching-8418-Tattoo.jpg?w=300

Colin jost and scarlet Johansson?
https://www.maxim.com/.image/t_share/MTQ3MzE1MTMwOTExMTcyMDQ2/scarlette-johansson-colin-jost-promo.jpg

Ian "how am I not in jail or stabbed yet" connor and raven tracy. They on that late Amber/kanye when Amber would only ever say kanye was her client, but this chick don't even publicly acknowledge she know this dude. Getting flown out then posting pix by herself when he in the bathroom smh
His pix-
https://www.instagram.com/p/Bc3gYI6nuLD/?hl=en
https://www.instagram.com/p/Ba2u9_hHIAG/?hl=en
https://www.instagram.com/p/BbXTjDknQDR/?hl=en

Hers-
https://www.instagram.com/p/Bdl22lLDFFV/?hl=en

And Rosario and Eric Andre split but that was just weird to look at anyway

Anyway, them Fed numbers is out-
Blk wealth is under 15% of median white wealth.
$17.6k vs $170k
We try to spend right alongside them, consume and live the American lifestyle shown on tv like them, but at the end of the day we don't have the assets in the bank/house/family to back it up
And $55k in student loans for a $38k/yr social worker job should be illegal
https://www.federalreserve.gov/econres/notes/feds-notes/recent-trends-in-wealth-holding-by-race-and-ethnicity-evidence-from-the-survey-of-consumer-finances-20170927.htm

https://m.facebook.com/story.php?story_fbid=1189652567841757&id=823195567820794



Puffy talking a lot abt "black excellence" these days, wanted to buy a nfl team and paid $21M for that painting by a black artist (CM Weems)... But then said in that interview that him and jay gonna do a black business directory app? Like $1.5B combined between y'all and that's the best u can come up with? Meh

Jay starting a venture capital firm (again)-

http://www.blackenterprise.com/jayz-marcy-venture-capital-partners/

Another startup company that Nas & his VC firm was early investors in gets bought out by Amazon for a billy

https://www.vibe.com/2018/07/amazon-acquires-nas-backed-online-pharmacy-start-up-for-1-billion/

Retired nfl player Justin Tuck gets an mba and gets hired as vp of wealth mgmt at Goldman Sachs

https://giantswire.usatoday.com/2018/06/26/retired-new-york-giants-justin-tuck-vice-president-goldman-sachs/

LeBron's elementary school about to open-
https://www.theblackloop.com/lebron-james-to-start-elementary-school-12-teachers-already-employed/?utm_campaign=coschedule&utm_source=facebook_page&utm_medium=The%20Black%20Loop&utm_content=LeBron%20James%20Starts%20Elementary%20School,%2012%20Teachers%20Already%20Employed

More data shows how often even affluent black men/boys who grow up in wealth (millionaire levels) can't hold it beyond a generation-

https://www.nytimes.com/interactive/2018/03/19/upshot/race-class-white-and-black-men.html

Scroll to the graphics and watch the born- rich black ppl float to the bottom :/


Buuuuut, progress is still being made over the long haul.

Black men in poverty cut from 40% in the 60s till less than 20%now

https://www-m.cnn.com/2018/07/03/opinions/good-news-for-black-men-in-america-opinion-wilcox-wang-mincy/index.html

The charts show big jumps from 60s to 80s and then everyone loosely converging in the Same direction.

The long arc of history bends towards smartphones, car loans, 40 hr work weeks, and other Middle classisms.


Black wealth is black power, baby - Luke cage



)))--####---###--(((

bunda
<-.-> ^_^ \^0^/
get busy living, or get busy dying.

  

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Secure the bag/Lose the bag; blk wealth [View all] , Riot, Mon Jul-09-18 12:53 PM
 
Subject Author Message Date ID
that NYT link/animated graphic is crazy
Jul 09th 2018
1
yuh
Jul 10th 2018
2
puff, jay, oprah, tyler perry etc all in this weird public space
Jul 11th 2018
15
hate that they used the term Black Boys instead of Black Males
Jul 10th 2018
3
you see it
Jul 10th 2018
5
BIG DICK ENERGY.
Jul 10th 2018
4
Last hired, first fired and the lack of established black businesses
Jul 10th 2018
6
lack of generational wealth really hurts us in the long run.
Jul 10th 2018
7
real estate is really real
Jul 10th 2018
8
That CNN study all kinds of wrong
Jul 10th 2018
9
RE: That CNN study all kinds of wrong
Jul 10th 2018
10
poverty line is like $15k/yr, $25k/yr for a family of 3
Jul 11th 2018
14
i don't really like to hear black wealth news
Jul 10th 2018
11
small gains yo
Jul 10th 2018
12
FOH, man. I don't believe this shit:
Jul 10th 2018
13

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