Posted on 03/28/2015 3:38:02 PM PDT by 1010RD
Homeownership
1. Stricter enforcement of housing anti-discrimination laws:
2. Authorizing Fannie Mae and Freddie Mac to reduce mortgage principal and make other loan modifications for struggling homeowners.
3. Leaving the cap on the mortgage interest tax deduction.
Education
1. Investing in universal, high-quality preschool education.
2. Making K-12 education funding more equitable.
3. Recommitting to racially integrated schools, colleges and universities.
4. Establishing an affordable college compact.
Labor Markets
1. Establishing a direct federal job creation program.
2. Raising the minimum wage.
3. Making it easier for workers to form unions.
(Excerpt) Read more at forbes.com ...
Every one of these stupid ideas has been tried, has cost a ton of money, and has failed miserably.
The "solution" is to try it again?
This time with emphasis?
Socialist crap.
The number one way to bring true economic equality is to stop the Federal Reserve from creating money out of thin air, by which financial assets are bid up and the time-value of money is suppressed to near zero. If there is any unfairness, people who tend to hold large portions of their wealth in classes of assets that are financed by the Fed’s money-printing are boosted, and the entire nation must stand behind the resulting credit bubble.
Government must stop creating money by which it creates winners and losers. Money creation and interest rate manipulation also create the boom-bust cycle by which people who only have wage income suffer when they get laid off.
Thanks for finding this and posting it. I notice Ms. Shinn is still ignoring marriage. I cannot emphasise it enough. Marriage and a strong family culture is number 1, 2 and 3 on the list of priorities if you want to decrease any wealth gaps.
Sociologists make a distinction between voluntary immigrants and involuntary immigrants.
People who come to any country on their own tend to do well, those who are forced into another country do not do well.
I am certain that Thomas Sowell understands this distinction.
Native Americans are involuntary immigrants, even though they are a special case where the foreign country came to them...
Do you remember when you were in school and people told you that school was preparing you for life? Well, the issue you point out is one of life's intelligence tests. Oh, no one calls it that, and they don't pass out paper and pencils for your answers, but the wise man puts his wealth in assets which tend to keep up with inflation.
Being able to recognize the intelligence tests that life challenges you with and being able to get the correct answers is very important.
If minorities insist that learning this skill is "acting white" they will never advance. The truth is that it is "acting wealthy". There are plenty of poor whites who did not pay attention in school...
1. Elect Obama.
2. Reelect Obama.
3. Kill Whitey and take his stuff.
No need for 4 through 10.
Without adjusting the mindset of the hip hop culture, nothing will make the least bit of difference, in fact most of these proposals will make things worse.
If history is an indicator, they have made things worse already.
I bet the combination of marrying and staying married, plus eating dinner as a family will out do the entire list. Family is the foundation of any civilization of note. Destroy that and you destroy your civilization.
12. Should number 11 not get passed; stop having 6% of the population commit 65% of the crime and instead find legitimate gainful employment (no "Welfare King doesn't count).
Liberals are still playing with the mantra that those teen pregnancies are unintended; they are a deliberate means for unskilled young females to be set up with their own apartment by the government, and receive free health care, food, and cash from same. Our government rewards girls with “golden ticket welfare bastards”, and when the rewards stop the children will as well. There is no attempt to raise/educate these children, no desire to see them succeed; when they are no longer valuable as a source for benefits they are discarded like trash.
I cannot remember ever reading anything about them from Sowell. My point was that article looked at blacks and “hispanics”; I meant the Indians from India.
You indirectly make an excellent point. Families who accept relief don’t need cable television.
Stop providing adequate food and services to those that won’t work for a living - provide bare-bones subsistence only and make it temporary...
Exactly!
Office skills, welding, carpentry, plumbing, electrical wiring, etc. High school graduates with these skills can always earn a living.
You say I took your stuff
Now you aint got enough
Not even one thin dime
This Old White Guy is to blame
Make me live each day in shame
I dont deserve anything I got.
You living like a bum
and though you might be dumb
You know you down just because I'm up.
White privilege is my game
Old White Guy is my name
Racist when I was just an embryo
Now you got every right
To hate me cause I'm white
Every little place I go.
When you see me in the diner
Just show me your big hiner.
Tell me how I am a disgrace.
When you see me on the street
you can stomp right on my feet
And get right up in my face.
This Old White Guy's had enough
Go buy your own stuff
Get up off your lazy ass.
If you come for what I got
Yer likely to get shot
now you can fertilize my grass.
Got those Old White Guy Blues
Its everywhere in the news
each breath a micro aggression.
But I plan to stay for a while
I know that dont make you smile
Gotta vote in the next election!
When did Forbes become a socialist echo chamber?
...............................
Must be he caved in to a Je$$e Jack$on Shakedown.
Sure. Let’s keep giving unqualified people mortgages and watching them fail at home ownership.
Let’s keep giving unqualified people admission to colleges and watching them fail at academic pursuits.
And 12 year olds giving birth is sick and disturbing.
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