Posted on 05/16/2023 8:41:15 AM PDT by ConservativeInPA
n the summer of 2020, the Smithsonian Institution created a chart meant to condemn what it calls “whiteness,” and it listed a number of characteristics it claimed were essential to “white culture.” Among the so-called characteristics it described in pejorative terms was delaying gratification, or saving for the future, what Austrian economists would call low time preference.
The chart, which was withdrawn after widespread protest, sought to identify the characteristics needed to build not only an economy but civilization itself with a racist culture. Thus, the kind of lifestyle and values that might culminate in someone having high credit scores and saving up for a significant down payment for a house were something not to be emulated or praised, but rather to be called out and declared shameful.
Although the chart no longer is found on the Smithsonian website, the mentality that created it lives on in the policies of the Biden administration. To show its commitment to equity—equal outcomes—the Federal Housing Finance Agency (FHFA) implemented a new policy on May 1, 2023, that punishes homebuyers with high credit scores who can put down at least 15–20 percent on a mortgage by making them pay higher interest rates and extra fees. Declares a Wall Street Journal editorial:
(Excerpt) Read more at mises.org ...
Of course, we know the outcome of that idea.
I say often that I am against toxic ‘Black Culture”, and when I do, I am referring to that mindset that speaking proper English or studying hard is “acting white”, glorification of violence/crime, and degrading treatment of women.
That is what I abhor.
Well we all can’t Hunter money doing nothing
Of course it’s been pulled (because President Trump pointed it out) but you can see it for yourself, here. Just click on each part to read it.
bingo!
its all just commie by another name
the response to “acting White” is
its what works
Not...”It’s what’s for dinner”!
That said-it does work.
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