Hood rich is the reality american blacks need to face up to, before we ever get out of the hole we're in. We have an impressive degree of buying power - but no savings as a people. Merchants love our consumerism, but won't respect us until we save more than we consume as a people.What is "Hood rich" ? And how in the hell does that extend to all Black people ?
Hood rich is the reality american blacks need to face up to, before we ever get out of the hole we're in. We have an impressive degree of buying power - but no savings as a people. Merchants love our consumerism, but won't respect us until we save more than we consume as a people.
Be offended. It is offensive. Don't ignore, though.
"We" is a generalization and one that's founded on ignorance.
For one there are financially literate black people and assuming that Black people as a whole
have "No savings" is foolish, on top of that "savings" is an individual thing, not a collective thing.
It's not only offensive, it's ignorant and completely off topic.
It also ignores the realities that Black American's had to face post jim crow and during desegregation.
There were very REAL obstacles to gaining generational wealth that could be passed down and that plays
out today.
I won't even tough on the blatantly negative connotations of "Hood" and how it'd
be construed as insulting not enlightening if it came from someone who wasn't Black.
http://www.atlnightspots.com/jewish...ple-liquid-money-because-we-give-it-all-away/
Someone I know works closely with a Jewish businessman. *One day, the two had an honest conversation, in which the Jewish man asked, “Do you know what my Jewish friends call the black community?”
My friend said, “No, what do they call us?”
He replied, “We call you liquid money. The same way that water falls out of a man’s hands, money typically seeps out of a black person’s hands the same way. Your community gets money and immediately gives it all away topeople who aren’t black. *We see that as a huge business opportunity.”
He then used the example of many black people on payday or when we get our tax refunds. *He noted how we’ll go to an Indian business to cash the check, an Asian hair salon, a corner store owned by Arabs and a department store owned by whites. *He explained how, when it’s all said and done, these other business people are waiting like hungry animals to eat our bank accounts as if we are the prey.
This is not an attack on Jewish people, but a lesson on how ignorant we look when we keep giving all of our money away.
1) In America, you have no almost no power if you don’t own something. *There is no pride in a platform on which you sit if it can be taken away from you on a second’s notice. *You have been seduced into believing that you have real power, when the truth is that you do not.
2) If we never learn the value of supporting of black-owned businesses, we are always going to be disappointed. *We are going to have the highest unemployment rates, the lowest wealth levels and the greatest degrees of frustration. *When I had a threehour personal conversation with Min. Louis Farrakhan (followed by a nine-hour closed economicsummit a month later), one point that he made (which I agree with entirely) is that black people can learn a great deal from watching how the Jewish community handles it’s wealth. *In order for us to grow as a people, we must realize this important fact: *Our money is our power and we cannot give it all away.
dapd and repd. some people were never taught critical thinking skills and they post all over the site."We" is a generalization and one that's founded on ignorance.
For one there are financially literate black people and assuming that Black people as a whole
have "No savings" is foolish, on top of that "savings" is an individual thing, not a collective thing.
It's not only offensive, it's ignorant and completely off topic.
It also ignores the realities that Black American's had to face post jim crow and during desegregation.
There were very REAL obstacles to gaining generational wealth that could be passed down and that plays
out today.
I won't even tough on the blatantly negative connotations of "Hood" and how it'd
be construed as insulting not enlightening if it came from someone who wasn't Black.