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  1. 03-23-2010 #1
    BRHornet45
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    Last edited by BRHornet45; 01-14-2014 at 03:08 AM.
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  2. 03-23-2010 #2
    Nbadan
    W4A1 143 43CK? Nbadan's Avatar
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    USA! USA! USA!

    Question: What do $42,600 and $5 have in common?
    Answer: they both represent the median net wealth of middle-aged American women. The only difference between the two numbers is race; while single white women from the ages of 36 to 49 have a median wealth of $42,600, single black women have a net wealth of just $5.

    You read that right. The average net worth of middle-aged black women is just $5. And this statistic was drawn from the recently released 2007 Survey of Consumer Finances, which means that current post-recession figure could be even worse.

    Before jumping into an explanation of this ridiculously low number, let me provide a quick note for the economically disinclined. Net wealth refers to "the total of one's assets -- cash in the bank, stocks, bonds and real estate; minus debts -- home mortgages, auto loans, credit cards and student loans." And a median is the middle number in a set of data, meaning that about half of single, middle-aged black women are worth more than five dollars and half are worth less.
    Linky
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  3. 03-23-2010 #3
    BRHornet45
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    500 years ... 500 years!!! and they are still marching and complaining that they don't have anything! - Pastor James David Manning
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  4. 03-23-2010 #4
    Crookshanks
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    Remember when Ronald Reagan was president we also had Bob Hope and Johnny Cash...now we have Obama and no hope and no cash!
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  5. 03-23-2010 #5
    Blake
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    Quote Originally Posted by Crookshanks
    Remember when Ronald Reagan was president we also had Bob Hope and Johnny Cash...now we have Obama and no hope and no cash!
    ahh....I see what you did there.

    FTR, Eddie Money is still alive.
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  6. 03-23-2010 #6
    Stringer_Bell
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    Lolllzz! Omg dis iz real!!!! People just line up in a random undisclosed location to pick up obama money that no one explains how or why it was advertised or wtf is even going on. And they all sound like dumb black people! I'm glad us whites would never show up to a thing like that.

    Radio is resurrecting the minstrel show.
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  7. 03-23-2010 #7
    BRHornet45
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    Quote Originally Posted by Stringer_Bell
    Radio is resurrecting the minstrel show.
    ignorance is bliss son ...

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  8. 03-23-2010 #8
    Nbadan
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    ....backwards to Iraq circa 2005 when the Bush administration was sending pallets of $100 benjis to Iraq...no records needed or wanted...
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  9. 03-24-2010 #9
    Stringer_Bell
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    Quote Originally Posted by BRHornet45
    ignorance is bliss son ...



    "somehow word leaked out that they were giving away checks for $3,000, but all they have here is applications"

    omg that's more hilarious than i thought it would be, but also sad because all these obviously uneducated black people with no goals wanted feel money when they already live in mansions, drive NEW mercedes models, and eat at the finest dining establishments ALSO want free utilities paid for a year. We know black people leave their stereos and TVs on all day, no way should the government pay for that. NO SIR!

    Interesting how those radio people knew exactly the dumbest black people to talk to, the ones not talking about utilities or rent help...just the ones that wanted a free $3,000 from Obama.
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  10. 03-24-2010 #10
    SAGambler
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    This was all happening about 6 months back. What I would like to know is... DID ANYONE EVER RECEIVE A DOLLAR OF THAT MONEY OR WAS IT JUST ALL TALK?
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  11. 03-24-2010 #11
    Viva Las Espuelas
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    Quote Originally Posted by Nbadan
    ....backwards to Iraq circa 2005 when the Bush administration was sending pallets of $100 benjis to Iraq...no records needed or wanted...
    fast forward to 2010 and afghanistan. if that fits ok with your agenda.
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  12. 03-24-2010 #12
    DarrinS
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    Quote Originally Posted by Nbadan
    USA! USA! USA!

    Question: What do $42,600 and $5 have in common?


    Linky


    Evidently, you will fall for anything.


    5 dollars?


    Give me a break.
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  13. 03-24-2010 #13
    boutons_deux
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    $5?

    In mid-bubble and late-bubble, the average household debt was over 110% of household income, aka, negative net worth.
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  14. 03-24-2010 #14
    boutons_deux
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    $5?

    In mid-bubble and late-bubble, the average household debt was over 110% of household income, aka, negative net worth.
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  15. 03-24-2010 #15
    DarrinS
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    Quote Originally Posted by boutons_deux
    $5?

    In mid-bubble and late-bubble, the average household debt was over 110% of household income, aka, negative net worth.

    So, I guess if they go to McDonald's they are worth zero dollars?


    Color me skeptical.


    I don't doubt there is a gap, but I doubt that there is this large of a gap.
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  16. 03-24-2010 #16
    cheguevara
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    where da fuk is my obamadollars?? where do I pick that up???
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  17. 03-24-2010 #17
    Sec24Row7
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    Quote Originally Posted by DarrinS
    So, I guess if they go to McDonald's they are worth zero dollars?


    Color me skeptical.


    I don't doubt there is a gap, but I doubt that there is this large of a gap.
    Or they could work for ONE HOUR and double their net worth...
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