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WASHINGTON (AP) — The wealth gaps between whites and minorities have grown to their widest levels in a quarter-century. The recession and uneven recovery have erased decades of minority gains, leaving whites on average with 20 times the net worth of blacks and 18 times that of Hispanics, according to an analysis of new Census data.

The analysis shows the racial and ethnic impact of the economic meltdown, which ravaged housing values and sent unemployment soaring. It offers the most direct government evidence yet of the disparity between predominantly younger minorities whose main asset is their home and older whites who are more likely to have 401(k) retirement accounts or other stock holdings.

"What's pushing the wealth of whites is the rebound in the stock market and corporate savings, while younger Hispanics and African-Americans who bought homes in the last decade — because that was the American dream — are seeing big declines," said Timothy Smeeding, a University of Wisconsin-Madison professor who specializes in income inequality.

The median wealth of white U.S. households in 2009 was $113,149, compared with $6,325 for Hispanics and $5,677 for blacks, according to the analysis released Tuesday by the Pew Research Center. Those ratios, roughly 20 to 1 for blacks and 18 to 1 for Hispanics, far exceed the low mark of 7 to 1 for both groups reached in 1995, when the nation's economic expansion lifted many low-income groups to the middle class.

The white-black wealth gap is also the widest since the census began tracking such data in 1984, when the ratio was roughly 12 to 1.

"I am afraid that this pushes us back to what the Kerner Commission characterized as 'two societies, separate and unequal,'" said Roderick Harrison, a former chief of racial statistics at the Census Bureau, referring to the 1960s presidential commission that examined U.S. race relations. "The great difference is that the second society has now become both black and Hispanic."

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And the revolution WILL be televised. Gonna be hell to pay, Conks. Buy some more guns and move into that gated community.

Cap'n Cat wrote:And the revolution WILL be televised. Gonna be hell to pay, Conks. Buy some more guns and move into that gated community.

Already got the guns and ammo....no gated community for me. I've got clear firing lines from multiple approach angles, however.

AZGrizFan wrote:

Cap'n Cat wrote:And the revolution WILL be televised. Gonna be hell to pay, Conks. Buy some more guns and move into that gated community.

Already got the guns and ammo....no gated community for me. I've got clear firing lines from multiple approach angles, however.

"Done killt them niqqers 'fore they got to the still darlin'!"

AZGrizFan wrote:

Cap'n Cat wrote:And the revolution WILL be televised. Gonna be hell to pay, Conks. Buy some more guns and move into that gated community.

Already got the guns and ammo....no gated community for me. I've got clear firing lines from multiple approach angles, however.

Fuck Z, I started laughing before I opened the thread.

Title of the thread + Z (only post so far) = chuckles

D1B wrote:

AZGrizFan wrote:
Already got the guns and ammo....no gated community for me. I've got clear firing lines from multiple approach angles, however.

Fuck Z, I started laughing before I opened the thread.

Title of the thread + Z (only post so far) = chuckles

I aim to please, my friend.

And I also aim to kill.

Cap, do you have some kind of "White Guilt" complex?

Who fucking cares?

A generation of the "war on poverty" has done nothing but create generational dependence on the nanny state, vice promoting economic independence for those targeted.

If you have a stray cat meowing at your porch, you can either feed it or leave it alone. If you feed it, it will return loyally to receive its free meal. However, if you leave it to its own devices, it will learn to hunt its own damn food and feed itself. The parallels are eerily similar.

JayBilasBitesPillows wrote:Who fucking cares?

A generation of the "war on poverty" has done nothing but create generational dependence on the nanny state, vice promoting economic independence for those targeted.

If you have a stray cat meowing at your porch, you can either feed it or leave it alone. If you feed it, it will return loyally to receive its free meal. However, if you leave it to its own devices, it will learn to hunt its own damn food and feed itself. The parallels are eerily similar.

Unless of course there a big ass wherepanther roaming the neighborhood eating all the food first. Then the average cat hasn't a chance.

I've got this thread bookmarked so I can explain to my boys why the brown people want to kill them at their public school.

93henfan wrote:I've got this thread bookmarked so I can explain to my boys why the brown people want to kill them at their public school.

Why would "brown people" take any more objection to this thread than yellow or beige ones? Please enlighten me, Socrates.

JayBilasBitesPillows wrote:

93henfan wrote:I've got this thread bookmarked so I can explain to my boys why the brown people want to kill them at their public school.

Why would "brown people" take any more objection to this thread than yellow or beige ones? Please enlighten me, Socrates.

1. Don't take my shit seriously.
2. Also sodomy.

93henfan wrote:

JayBilasBitesPillows wrote:
Why would "brown people" take any more objection to this thread than yellow or beige ones? Please enlighten me, Socrates.

1. Don't take my shit seriously.
2. Also sodomy.

Classic answer, Socrates.

And I believe that in the new-fangled lingo "brown" means hispanic anyway. I'm not sure what "beige" is.

Get with the times Bilas!

--
Why does Hugo Bama hate poor people?


Obama to Celebrate Birthday Tomorrow With Millionaires, Billionaires and Corporate Jet Owners
Gateway Pundit ^ | 8/1/2011 | Jim Hoft

Not really concerned about this.

The donk answer would be to spend more money on social programs.

Since that money does not exist, and the current climate will not allow for more money to be borrowed for it, I'd say this is a non-issue.

If folks want to get violent about it, well, I say bring it.

wherever you see the white man things are going up around him. Wherever you see the darkie or the brownie things are falling down around him.

And this group, in spite of this inequity and the failure of their annointed one to remedy it, will re-elect BO in '12.

ASUG8 wrote:And this group, in spite of this inequity and the failure of their annointed one to remedy it, will re-elect BO in '12.

Just as the liberals cynical plans for self-perpetuation calls for, discourage minorities from believing that they have the talents and ability to succeed without government aid, run poor schools where the minorities live so they don't get the education needed to succeed, but rather a poor PC filled indoctrination, hook more and more by continually expanding aid, create fear of losing their aid if liberals aren't elected, once minorities believe that the only course of action for them is government aid, then begin a campaign to create a belief that those receiving aid are entitled to the same quality of living as those who provide the aid through paying taxes, which in turn leads to a socialist revolution...

"Democracy and socialism have nothing in common but one word, equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude." - Alexis de Tocqueville

Cap'n Cat wrote:


WASHINGTON (AP) — The wealth gaps between whites and minorities have grown to their widest levels in a quarter-century. The recession and uneven recovery have erased decades of minority gains, leaving whites on average with 20 times the net worth of blacks and 18 times that of Hispanics, according to an analysis of new Census data.


And the revolution WILL be televised. Gonna be hell to pay, Conks. Buy some more guns and move into that gated community.

Sounds like the minorities need to get off of their asses and start working harder....us white folks are tired of carrying them and their baby-factory mommas....

Being a white guy, I'm OK with this.

Appaholic wrote:

Cap'n Cat wrote:


WASHINGTON (AP) — The wealth gaps between whites and minorities have grown to their widest levels in a quarter-century. The recession and uneven recovery have erased decades of minority gains, leaving whites on average with 20 times the net worth of blacks and 18 times that of Hispanics, according to an analysis of new Census data.


And the revolution WILL be televised. Gonna be hell to pay, Conks. Buy some more guns and move into that gated community.

Sounds like the minorities need to get off of their asses and start working harder....us white folks are tired of carrying them and their baby-factory mommas....

Agree, but at this point Big Brother needs to teach those dependent on the gubmint how to fish/work and the skills required to do so, as gubmint slowly starts to stop giving out so many fish/entitlements. The gubmint has created this problem over 50 years and it will take a long time to rectify, and will only be corrected if the liberals will stop trying to enslave those on gubmint assistance, so they will in turn vote for the liberals...

LeadBolt wrote:

ASUG8 wrote:And this group, in spite of this inequity and the failure of their annointed one to remedy it, will re-elect BO in '12.

Just as the liberals cynical plans for self-perpetuation calls for, discourage minorities from believing that they have the talents and ability to succeed without government aid, run poor schools where the minorities live so they don't get the education needed to succeed, but rather a poor PC filled indoctrination, hook more and more by continually expanding aid, create fear of losing their aid if liberals aren't elected, once minorities believe that the only course of action for them is government aid, then begin a campaign to create a belief that those receiving aid are entitled to the same quality of living as those who provide the aid through paying taxes, which in turn leads to a socialist revolution...

"Democracy and socialism have nothing in common but one word, equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude." - Alexis de Tocqueville

Scary shit. And that was said 160 years ago.

LeadBolt wrote:

Appaholic wrote:
Sounds like the minorities need to get off of their asses and start working harder....us white folks are tired of carrying them and their baby-factory mommas....

Agree, but at this point Big Brother needs to teach those dependent on the gubmint how to fish/work and the skills required to do so, as gubmint slowly starts to stop giving out so many fish/entitlements. The gubmint has created this problem over 50 years and it will take a long time to rectify, and will only be corrected if the liberals will stop trying to enslave those on gubmint assistance, so they will in turn vote for the liberals...

Which we all KNOW ain't ever gonna happen, so take cappy's advice and buy more guns and ammo.

JohnStOnge wrote:Cap, do you have some kind of "White Guilt" complex?

No, but he probably does understand White Privilege.

LeadBolt wrote:

Appaholic wrote:
Sounds like the minorities need to get off of their asses and start working harder....us white folks are tired of carrying them and their baby-factory mommas....

Agree, but at this point Big Brother needs to teach those dependent on the gubmint how to fish/work and the skills required to do so, as gubmint slowly starts to stop giving out so many fish/entitlements. The gubmint has created this problem over 50 years and it will take a long time to rectify, and will only be corrected if the liberals will stop trying to enslave those on gubmint assistance, so they will in turn vote for the liberals...

So is it ok now to consider exxon, BofA, Raytheon, the Bachmann Family Farm, and the Rand Paul Clinic minorities now? Just askin.