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	<title>Comments on: Household Wealth Gap Between Whites and Blacks</title>
	<atom:link href="http://fabulousfinancials.com/2009/05/household-wealth-gap-between-whites-and-blacks.html/feed" rel="self" type="application/rss+xml" />
	<link>http://fabulousfinancials.com/2009/05/household-wealth-gap-between-whites-and-blacks.html</link>
	<description>A single mom on a mission to achieve financial freedom</description>
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		<title>By: CD Rates Guy</title>
		<link>http://fabulousfinancials.com/2009/05/household-wealth-gap-between-whites-and-blacks.html/comment-page-2#comment-68255</link>
		<dc:creator>CD Rates Guy</dc:creator>
		<pubDate>Wed, 27 May 2009 22:10:47 +0000</pubDate>
		<guid isPermaLink="false">http://fabulousfinancials.com/?p=3119#comment-68255</guid>
		<description>That was a rather blanket/ignorant statement. And where does he propose people get the resources to up their financial game? The playing field is not and will never be level, and comments like his are idiotic.</description>
		<content:encoded><![CDATA[<p>That was a rather blanket/ignorant statement. And where does he propose people get the resources to up their financial game? The playing field is not and will never be level, and comments like his are idiotic.</p>
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		<title>By: soul</title>
		<link>http://fabulousfinancials.com/2009/05/household-wealth-gap-between-whites-and-blacks.html/comment-page-2#comment-67711</link>
		<dc:creator>soul</dc:creator>
		<pubDate>Fri, 22 May 2009 16:50:58 +0000</pubDate>
		<guid isPermaLink="false">http://fabulousfinancials.com/?p=3119#comment-67711</guid>
		<description>Kate said: &#039;In Europe, students are taught finance at an early age and the difference between the races in terms of wealth is minimal&#039;

I&#039;m afraid this is a complete and utter untruth. As a black person born and living in the UK (just one country on the European continent) it gets very tiring to read people misrepresent &#039;Europe&#039; like this.

I dare you to go to Paris and say that &#039;Black kids are thought about finance and that there is less of a financial gap between white and black&#039;.

or better yet, go to inner cities in UK, where we have an epidemic of children killing children over sneakers, or a stare. Where people can barely afford to heat their homes yet have the latest blackberry. 

Please don&#039;t sell our problems short. they are no different from yours.
Our inner city schools are turning out kids who can&#039;t spell, read or write. Many with zero prospects and inner cities are overwhelmingly black.</description>
		<content:encoded><![CDATA[<p>Kate said: &#8216;In Europe, students are taught finance at an early age and the difference between the races in terms of wealth is minimal&#8217;</p>
<p>I&#8217;m afraid this is a complete and utter untruth. As a black person born and living in the UK (just one country on the European continent) it gets very tiring to read people misrepresent &#8216;Europe&#8217; like this.</p>
<p>I dare you to go to Paris and say that &#8216;Black kids are thought about finance and that there is less of a financial gap between white and black&#8217;.</p>
<p>or better yet, go to inner cities in UK, where we have an epidemic of children killing children over sneakers, or a stare. Where people can barely afford to heat their homes yet have the latest blackberry. </p>
<p>Please don&#8217;t sell our problems short. they are no different from yours.<br />
Our inner city schools are turning out kids who can&#8217;t spell, read or write. Many with zero prospects and inner cities are overwhelmingly black.</p>
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		<title>By: summer</title>
		<link>http://fabulousfinancials.com/2009/05/household-wealth-gap-between-whites-and-blacks.html/comment-page-2#comment-67709</link>
		<dc:creator>summer</dc:creator>
		<pubDate>Fri, 22 May 2009 15:39:43 +0000</pubDate>
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		<description>@beth - good explanation. that makes sense. it&#039;s sad and disturbing, but it makes sense.</description>
		<content:encoded><![CDATA[<p>@beth &#8211; good explanation. that makes sense. it&#8217;s sad and disturbing, but it makes sense.</p>
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		<title>By: finance girl</title>
		<link>http://fabulousfinancials.com/2009/05/household-wealth-gap-between-whites-and-blacks.html/comment-page-2#comment-67708</link>
		<dc:creator>finance girl</dc:creator>
		<pubDate>Fri, 22 May 2009 15:25:48 +0000</pubDate>
		<guid isPermaLink="false">http://fabulousfinancials.com/?p=3119#comment-67708</guid>
		<description>I also sort of observe a tendency to focus on personal use assets instead of working assets.  For example, a really nice car but a not-so-nice house. Yes, this is broader than one group or another.  

Yet I find it odd when I go to my friend&#039;s house in my 17 year old Integra and park it next to all the Mercedes and Cadillacs in his neighborhood (but the house don&#039;t go with those nice cars).

Should be the other way around; the personal use assets come after, not before, the working assets.

Big Hat No Cattle gets you nowhere except having to work real hard to pay that Big Hat off because you had No Cattle to buy it with in the first place.</description>
		<content:encoded><![CDATA[<p>I also sort of observe a tendency to focus on personal use assets instead of working assets.  For example, a really nice car but a not-so-nice house. Yes, this is broader than one group or another.  </p>
<p>Yet I find it odd when I go to my friend&#8217;s house in my 17 year old Integra and park it next to all the Mercedes and Cadillacs in his neighborhood (but the house don&#8217;t go with those nice cars).</p>
<p>Should be the other way around; the personal use assets come after, not before, the working assets.</p>
<p>Big Hat No Cattle gets you nowhere except having to work real hard to pay that Big Hat off because you had No Cattle to buy it with in the first place.</p>
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		<title>By: bhline</title>
		<link>http://fabulousfinancials.com/2009/05/household-wealth-gap-between-whites-and-blacks.html/comment-page-1#comment-67642</link>
		<dc:creator>bhline</dc:creator>
		<pubDate>Fri, 22 May 2009 00:37:50 +0000</pubDate>
		<guid isPermaLink="false">http://fabulousfinancials.com/?p=3119#comment-67642</guid>
		<description>I think @summer brought up a good point - property tax runs schools. If the property taxes don&#039;t exist at a great enough number, then the school&#039;s quality goes down. 

If you want a good school you have to pay for it, either in taxes or through tuition.</description>
		<content:encoded><![CDATA[<p>I think @summer brought up a good point &#8211; property tax runs schools. If the property taxes don&#8217;t exist at a great enough number, then the school&#8217;s quality goes down. </p>
<p>If you want a good school you have to pay for it, either in taxes or through tuition.</p>
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