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CNBC’s “NEWBOs: The Rise of the New Black Overclass”
http://globalgrind.com/content/444473/Media-Alert-NEWBOS-The-Rise-of-Americas-New-Black-Overclass/?sv=1 ^

Posted on 02/28/2009 7:48:37 AM PST by dascallie

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1 posted on 02/28/2009 7:48:37 AM PST by dascallie
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To: dascallie

When will we overcome this collectivist group-thinking? Liberals disgust me.


2 posted on 02/28/2009 7:51:18 AM PST by SolidWood (Palin: "In Alaska we eat therefore we hunt.")
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To: dascallie

Yes, I noticed in the past how black athletes used their incredible earning power to fund local school libraries, fund mobile health clinics to poor neighborhoods and fund scholarships for promising young black students.

not


3 posted on 02/28/2009 7:52:18 AM PST by Carley (President Obama ~ Leaving No Tax Cheat Behind)
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To: dascallie

i notice only one NEWBO who does not directly owe his success to sports or entertainment.


4 posted on 02/28/2009 7:52:28 AM PST by rightwinggoth
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To: dascallie

Ultra-rich Democrats: “Socialism for thee, but not for me”, they say.


5 posted on 02/28/2009 7:53:12 AM PST by ChrisInAR (The Tenth Amendment is still the Supreme Law of the Land, folks -- start enforcing it for a CHANGE!)
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To: dascallie

This must be fairy tale hour because I hear Barry everyday talk about how down trodden and poor blacks are.


6 posted on 02/28/2009 7:53:16 AM PST by svcw
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To: dascallie

I noticed on this they really didn’t give much attention to African Americans who where entrepreneurs, successful in the business world, doctors, lawyers, etc- they focused on athletes and entertainers. Pop culture mentality as to what type of achievement is important.


7 posted on 02/28/2009 7:55:00 AM PST by mnehring (!!!!!!!SHRUG!!!!!!!!!)
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To: dascallie
Uh oh. Newbo....Sambo. Sounds racist to me. Better apologize quick..........
8 posted on 02/28/2009 7:55:06 AM PST by JoeDetweiler
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To: dascallie

The whole concept here should be “Acclimation” and “welcome to normal society”. Not “Oh jeez! A black man made it!” Meanwhile the liberals are scrambling about whispering to each other “I just hope they don’t move to my neighborhood...”


9 posted on 02/28/2009 7:55:55 AM PST by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: dascallie

“Um, y’know, um, we jus did, um, y’know, what we had to do to, y’know, win”

Financial literacy, collaboration, intergenerational mentorship and social awareness?!?


10 posted on 02/28/2009 7:57:18 AM PST by Zauber
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To: dascallie

As long as huge percentages of black children are raised without a father in the house, African Americans will continue to be an underclass. There’s no way around it, and “racism” has nothing to do with it.


11 posted on 02/28/2009 7:58:24 AM PST by denydenydeny ("I'm sure this goes against everything youÂ’ve been taught, but right and wrong do exist"-Dr House)
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To: dascallie

“We are your overlords”


12 posted on 02/28/2009 8:05:52 AM PST by Freedom_Fighter_2001 (When money is no object - it's your money they're talking about)
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To: rightwinggoth
i notice only one NEWBO who does not directly owe his success to sports or entertainment.

Exactly. And even with sports and entertainment stars combined we're talking, what, maybe 1000 people? Hardly an "overclass." And most of them will burn through their money maintaining a lifestyle of opulence while saving nothing. They'll support their "crews" of sycophants and "posse" of criminals and hangers-on who help them spend their money on useless, gaudy crap faster than they can earn it.

In almost every example, they're multi-millionaires trying to live like billionaires and in the end they wind up just as broke as they started, forced to declare bankruptcy with millions in debt (not to mention child-support payments).

13 posted on 02/28/2009 8:11:51 AM PST by Drew68
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To: dascallie

A couple of questions:

Why do they use “Overclass”? the normal term for wealthy is is “Upper Class” You wonder-who are they being placed “over”? Words mean things.

Also, I’ve often said any reparations should take into account these folks, Orca Winfrey, etc. If not for being in America, they would not be in the position they’re in-to say the least. So a 33% “you’re welcome” tax on anything over $1 million in their assets should be taken out—on top of the across-the-board-5-10% tax out on the reparations—to help fix the trashed cities and innocent crime victims these fine folks left behind.

The last step would be a one-way ticket back to paradise—I mean, why suffer here? Take the money and my heartfelt apology (even though I didn’t do anything)-and get gone.

PS-I saw an interview with the guy hosting this program, who said these overclass people are taking control of their own brand, whatever that means, and that since corporate America does nothing for them, they are doing for themselves. He mentioned Tiger Woods as an example.

Without money from corporate America, either endorsements, or indirectly by them sponsering tournaments, Tiger’d probably be worth $25, 000.


14 posted on 02/28/2009 8:14:56 AM PST by Mac from Cleveland (Mister, we could use a man like Herbert Hoover again---and J. Edgar, too)
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To: Drew68

You could not be more correct. If they were a bit more frugal or managed their new-found wealth more intelligently, they’d have a lot more assets. It’s not a coincidence that many of these clowns have rather ephemeral weath - here today, gone tomorrow - because they lack financial discipline.

There’s a billionaire here in Illinois who still eats senior meals at McDonalds; still shops at Burlington Coat Factory and drove a Buick until he made his first billion, when he finally opted for a year-old Mercedes Benz S500. Unlike the blowhards mentioned by CNBC, he has donated over $30 million to the University of Chicago Hospital as well as tens of millions for cancer research and village clinics throughout his native China.


15 posted on 02/28/2009 8:23:51 AM PST by 12Gauge687 (Extremism in the defense of liberty is no vice)
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To: dascallie

Am I the only one who has noticed that a disproportionate number of these “NEWBOS” have made their fortunes on the backs of the blacks (many of them kids) down near the bottom of the economic ladder, many of whom spend their government welfare checks for the overpriced CDs, DVDs, FUBU clothing, pay-per-view sporting events, etc.?

And while these may be nominally voluntary exchanges, many of those on the purchaser side are high school drop outs who don’t have the intellectual firepower to make quality choices vis-a-vis their resources and are easily swayed by peer pressure.


16 posted on 02/28/2009 8:30:37 AM PST by Dick Bachert
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To: dascallie

I don’t hear anything from obama about capping their salaries.


17 posted on 02/28/2009 8:32:08 AM PST by MissEdie (America went to the polls on 11-4-08 and all we got was a socialist and a dottering old fool.)
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To: dascallie

Given 0bama’s tax policies, the author should change the title to “The Rise and Fall...”


18 posted on 02/28/2009 8:33:06 AM PST by Raster Man
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To: dascallie

“Overclass”?

only leftards could think like this. they are a scourge on decent humanity.


19 posted on 02/28/2009 8:37:45 AM PST by chuck_the_tv_out
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To: dascallie

Will someone TiVO the part about Michael Vick, MC Hammer and Tupac for me?


20 posted on 02/28/2009 8:39:31 AM PST by IllumiNaughtyByNature (If the Average nObama Voter is Antyhing Like Peggy Joseph, The Next 4 Years Will Be A Hoot!!!!)
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