Tuesday, January 12, 2016

Larry Elder and Tavis Smiley Blast Obama For Black Slippage

From Smiley article:
Megyn Kelly: On the subject of race, are we better off today that seven years ago?
Tavis Smiley: I’m not sure we are and I think ultimately the president missed a moment… On every leading economic issue, in the leading economic issues Black Americans have lost ground in every one of those leading categories. So in the last ten years it hasn’t been good for black folk. This is the president’s most loyal constituency that didn’t gain any ground in that period.
 From the Elder article:
What about unemployment? In 2009, black unemployment was 12.7 percent, and by 2014, it had fallen to 10.1 percent. This sounds like good news until one examines the black labor force participation rate -- the percentage of blacks working or seeking work. It's the lowest since these numbers have been recorded.

When looking only at "black net worth" -- which is lower compared to non-whites as a whole -- white households are actually 13 times wealthier than black households. From 2010 to 2013, according to the Federal Reserve, white household median wealth increased a modest 2.4 percent, while Hispanic families' wealth declined 14 percent, to $13,700. But blacks' net worth fell from $16,600 to $11,000. This is an astonishing three-year drop of 34 percent. Investors Business Daily put it this way, "That's a steeper decline than occurred from 2007 to 2010, when blacks' net worth fell 13.5 percent." The black/white "wealth-gap" has reached a 25-year high.

Tuesday, March 4, 2014

Our First Spreaker Show!

Jewish Producer's Money Hugs

Folks listen up. This is YOUR chance to come out on top just by donating to Inflammatory Talk. How? Well, aren't we all sick of working like slaves with no hope for self-enlightenment and freedom? Forget those days, they are behind you now because Jewish Producer has come up with a way to make your working day a little more hopeful. Donate to the Inflammatory Talk/Jewish Producer Money Hug. How it works is you donate, the thermometer goes up. At the end of the month, the total $$ in the thermometer will display the total amount of donations by listeners during the month. We will then split that amount between one lucky listener and the show! EASY! For example, if we raise $50 for the month of March, we will pick one listener from the donation list (we get an email address for each person who donates...) and we will send you $25 of that pot.   Regardless of how much or little you donate.

Stay at the top of the pyramid and donate to the show.  Donate whatever increments you'd like to donate, the more the merrier!  Follow the thermometer throughout the month for updates and BOOM.

Help us continue to do our thing while you sit back and chill and be a part of JP's Money Hugs.