Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

10 Proposals For Eliminating The Racial Wealth Gap
Forbes ^ | 3/27/15 | Laura Shinn

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 ...


TOPICS:
KEYWORDS:
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-83 next last
To: IronJack
Agreed. This is FORBES?

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?

61 posted on 03/28/2015 6:14:32 PM PDT by boop (Hey, stoop, that's got gears. It ain't no Ford.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: 1010RD

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.


62 posted on 03/28/2015 6:19:42 PM PDT by theBuckwheat
[ Post Reply | Private Reply | To 1 | View Replies]

To: 1010RD

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.


63 posted on 03/28/2015 7:05:54 PM PDT by Responsibility2nd (With Great Freedom comes Great Responsibility.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: MSF BU

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...


64 posted on 03/28/2015 7:09:00 PM PDT by CurlyDave
[ Post Reply | Private Reply | To 58 | View Replies]

To: theBuckwheat
...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...

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...

65 posted on 03/28/2015 7:20:23 PM PDT by CurlyDave
[ Post Reply | Private Reply | To 62 | View Replies]

To: 1010RD

1. Elect Obama.

2. Reelect Obama.

3. Kill Whitey and take his stuff.

No need for 4 through 10.


66 posted on 03/28/2015 7:30:51 PM PDT by Kickass Conservative (Advertising Space Available here.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 1010RD

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.


67 posted on 03/28/2015 7:31:07 PM PDT by JimSEA
[ Post Reply | Private Reply | To 1 | View Replies]

To: JimSEA

If history is an indicator, they have made things worse already.


68 posted on 03/28/2015 7:48:33 PM PDT by 1010RD (First, Do No Harm)
[ Post Reply | Private Reply | To 67 | View Replies]

To: Responsibility2nd

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.


69 posted on 03/28/2015 7:50:06 PM PDT by 1010RD (First, Do No Harm)
[ Post Reply | Private Reply | To 63 | View Replies]

To: 1010RD
11. Increase the amount of money one gets paid to make license plates and phone books in prison.

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).

70 posted on 03/28/2015 8:33:58 PM PDT by Repeat Offender (While the wicked stand confounded, call me with Thy saints surrounded.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Drew68
no television broadcasting after 8:00 until 8:00 in the evening. No Orpha, no View, maybe they will go find a job
71 posted on 03/28/2015 10:01:33 PM PDT by Kozy
[ Post Reply | Private Reply | To 50 | View Replies]

To: TexasFreeper2009

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.


72 posted on 03/29/2015 3:26:07 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
[ Post Reply | Private Reply | To 21 | View Replies]

To: CurlyDave

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.


73 posted on 03/29/2015 3:56:09 AM PDT by MSF BU (Support the troops: Join Them.)
[ Post Reply | Private Reply | To 64 | View Replies]

To: Kozy

You indirectly make an excellent point. Families who accept relief don’t need cable television.


74 posted on 03/29/2015 3:57:31 AM PDT by MSF BU (Support the troops: Join Them.)
[ Post Reply | Private Reply | To 71 | View Replies]

To: 1010RD

Stop providing adequate food and services to those that won’t work for a living - provide bare-bones subsistence only and make it temporary...


75 posted on 03/29/2015 4:00:12 AM PDT by trebb (Where in the the hell has my country gone?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: tbw2

Exactly!

Office skills, welding, carpentry, plumbing, electrical wiring, etc. High school graduates with these skills can always earn a living.


76 posted on 03/29/2015 5:34:40 AM PDT by abclily
[ Post Reply | Private Reply | To 52 | View Replies]

To: 1010RD
I got those old white guy blues
From my head down to my shoes
Seems like this just aint my time.

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!

77 posted on 03/29/2015 7:59:44 AM PDT by Awgie (truth is always stranger than fiction)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IronJack

When did Forbes become a socialist echo chamber?
...............................

Must be he caved in to a Je$$e Jack$on Shakedown.


78 posted on 03/29/2015 9:07:49 AM PDT by ViLaLuz (2 Chronicles 7:14)
[ Post Reply | Private Reply | To 5 | View Replies]

To: 1010RD

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.


79 posted on 03/29/2015 9:28:04 AM PDT by ladyjane
[ Post Reply | Private Reply | To 1 | View Replies]

To: GeronL

And 12 year olds giving birth is sick and disturbing.


80 posted on 03/29/2015 9:36:58 AM PDT by ladyjane
[ Post Reply | Private Reply | To 53 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-83 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson