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5 Ways Blacks Need To Keep Money In Their Community

1. Invest our money within our community with businesses and organizations that help and not hinder. Through investment, opportunities will be created 2. Ask businesses in our community to hire people from within our community. If a business wants to strive in our community, then they need to look within our community for help 3. Start more businesses 4. Teach our children about the value of a dollar and the importance of giving back 5. Monitor our spending habits. Without properly monitoring our spending, we will always remain consumers and never become manufacturers Full Article: https://www.whytheracecardisplayed.com/post/5-ways-blacks-need-to-keep-money-in-their-community

African Americans under-served by U.S. banks: study: Duh

“There’s no silver bullet,” Wright said in an interview, adding job training and healthcare access are also crucial tools. The gap has expanded over the last two decades, according to federal data. As of 2016, the wealth of the average white family was 10 times higher than the average wealth of a black family. The white household had a net worth of $171,000 while average black and Hispanic households had a median net worth of $17,600 and $20,700 respectively. McKinsey says closing the gap between black and white wealth in the United States could increase GDP by up to 6% by 2028 through increased investments and consumption. “When you bridge that gap, the money is not just going to black pockets, it’s going to everyone’s pockets,” Wright told Reuters. Full Article: https://www.whytheracecardisplayed.com/post/african-americans-under-served-by-u-s-banks-study-duh

Contract Buying Robbed Black Families In Chicago Of Billions

Contract buying worked like this: A buyer put down a large down payment for a home and made monthly installments at high interest rates. But the buyer never gained ownership until the contract was paid in full and all conditions were met. Meanwhile, the contract seller held the deed and could evict the buyer. Contract buyers also accumulated no equity in their homes. No laws or regulations protected them. Full Article: https://www.whytheracecardisplayed.com/post/contract-buying-robbed-black-families-in-chicago-of-billions

As I explain my views on white privilege and the injustice brown people ...

As I explain my views on white privilege and the injustice brown people face in this nation for an assignment. I am face with hate and physical threat. IN MY CLASS ROOM. #tvhsneedschange RACISM IS ALIVE. WAKE UP.

High school football coach resigns after celebration with racial slurs p...

A high school football coach in North Carolina has lost his job and says that "15 seconds of fame in the wrong way [has] ruined the last 12 years of [his] career" after he was caught on video proclaiming "white power" and using the n-word at a bar celebrating a victory over a rival team.

White & Latina Girls forced to take off KKK Halloween Costumes by Angry ...

Halloween is such and fun time of costume parties, candy and figuring out how to dress up as your favorite celebs in new and funny ways. But every year it’s become more and more clear that we can’t have anything nice. No matter what anyone says we continue to see Black face, Native American headdresses, and “Mexican” costumes.  But what really blows our minds is that in this political climate, with all the racism Latinx experience, there are still those of us willing to join in on the bigotry. On Halloween night in downtown Los Angeles, two Latinas were caught wearing full-on KKK uniforms. YES, you read that correctly. https://hiplatina.com/white-latinas-k...

Anonymous Facebook memo alleges racism, discrimination has gotten worse at Silicon Valley company

SAN FRANCISCO — An anonymous memo alleging Facebook still has a black people problem is circulating inside the company one year after a former employee complained of racism and discrimination there. Full Article: https://www.whytheracecardisplayed.com/post/anonymous-facebook-memo-alleges-racism-discrimination-has-gotten-worse-at-silicon-valley-company