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Started By
Message
1
Posted on 7/19/19 at 11:45 pm to GreatLakesTiger24
quote:
i dont get why people, especially minority groups, feel entitled to live in the same areas for years/generations when thry dont even own the house
Because they don’t own it. Thus many don’t value it or seek to improve it, but depend upon someone else to do so. If it falls apart oh well they’ll find another.
It’s about skin in the game. When you are responsible for your own things, and no one but you can be blamed or counted on to fix them, you tend to take better care of it.
I read a paper years back written by a man living in Africa, among the Africans, and he observed why they have such trouble accumulating and maintaining wealth. I’m trying to find it now but it boils down to collectivism. Where one man finds fortune, but everyone in the tribe wants a piece of it. And because of the collective nature, the original man can’t use that fortune to obtain something that would provide sustainable wealth because everyone else has chipped away at the windfall.
It’s fascinating. Take someone from a poor area winning the lottery. They almost always take the lump sum, even though the annuity payment would pay more and last longer. And usually, instead of investing it in a proven economic engine, they blow it on partying and extravagance and treating their circle, their tribe.
And because Of mismanagement, or people taking advantage of them, they end up broke again.
Instant gratification versus discipline and investment to ensure a future return for them and their progeny.
Posted on 7/19/19 at 11:52 pm to MrLSU
quote:
generational wealth
What is this and where do I sign up for some?
Posted on 7/20/19 at 12:03 am to fr33manator
The African race is quintessentially a tribal race.
Posted on 7/20/19 at 12:07 am to Purple Spoon
If you’re white then you’re presumed to have generational wealth. You’re too privileged to understand this.
Posted on 7/20/19 at 12:10 am to ZIGG
quote:
Posted on 7/20/19 at 12:22 am to Purple Spoon
quote:
What is this and where do I sign up for some?
You plant seeds so that your grandchildren might play in the shade.
An orchard is a beautiful analogy for this.
A young street urchin, an orphan bastard of no consequence, happened upon a rich man who had been thrown from his horse on the side of the road.
He used his rags to bandage the man’s head, and set off to find his horse. Upon returning it, the rich man gave him a piece of gold in gratitude.
The orphan boy turned the piece of gold over and over in his fingers. He could buy himself a new pair of shoes and a fancy new coat with this gold. He could throw a feast for all his friends, puddings and pies and roasts for all. He could purchase many pleasures with this bit of newfound wealth, more than he had ever had in his hands.
But instead he bought a bushel of apples. Red and succulent and satisfying to the eye, juicy and sweet. Yet he ate not a one. Instead he cut them into pieces, keeping the seeds, and sold them to passersby for a pittance each, eating only the few slices that were left at the end of the day.
Using some of the money he had made from the apples, he bought a small trowel and a bucket, and set off with his seeds to a barren field he knew of with a little spring. And that night, under the light of the lidless eye of the moon, he dug holes and planted the seeds, going back and forth with his bucket to the spring and watering each seed.
The next day he used what was left of his profits from the apples to buy another bushel, and the same way, he sold them piece by piece. Eating only what was leftover. His feet ached from his worn shoes and his belly Panged with hunger, but he saved his profits, burying them in a hole. And each night he returned to the barren field and watered the seeds.
After many weeks of this he went to the land baron and with his sack of coins, asked to buy the little plot of barren field. As it served little use, the baron accepted his payment, and the boy, now growing into a man, built a little ramshackle house there.
Years passed by and the seedlings sprouted into trees, not yet fruiting, but growing. He found a girl and they wed, watering the trees together as he planted his own seed, and children soon played among the saplings, in that field that was now a little less barren. And they kept watering, kept fertilizing the growing things, selling their slices of apples. And planting the seeds in the fields adjacent.
The boy was now an old man, and the barren field had grown into an orchard. Now his son did not have to buy apples, but pick them from the trees. And when he died he was buried next to that little spring. And the orchard grew. His great great grandchildren played beneath verdant leaves and shiny red apples.
Now some were made into cider. Others sold by the truckload. And they all started with a seed.
Posted on 7/20/19 at 2:19 am to MrLSU
Good
Posted on 7/20/19 at 9:22 am to MrLSU
quote:
an effort to spur new homebuilding, became the only state to eliminate single-family-only zoning in many of its residential neighborhoods.
WTF??
quote:
single-family homes in this country are by and large white people
Don't bite the hand that feeds you bitches!
Posted on 7/20/19 at 9:26 am to MrLSU
Because if the US has one problem, it’s the existence of nuclear family homes.
SFP has made this point several times. It’s just another examples of liberal elites constructing a policy that they would never, ever engage in.
SFP has made this point several times. It’s just another examples of liberal elites constructing a policy that they would never, ever engage in.
Posted on 7/20/19 at 1:40 pm to MrLSU
From the article:
Yeah frick that.
quote:
“You know the argument, ‘I’m really supportive of this, but can’t we just have people live next to transit? Can’t we just put them in certain places?’ ” she said. “And I was like, ‘No.’ The goal is to have diversification throughout the neighborhoods so you’re not having concentration based on income or based on any other factor.”
Yeah frick that.
Posted on 7/20/19 at 2:50 pm to Antonio Moss
quote:
Because if the US has one problem, it’s the existence of nuclear family homes.
I'm wondering how many people living in 4-plexes have any equity in the home. This dumb policy will have exactly the opposite effect of what they claim to want.
Posted on 7/20/19 at 5:52 pm to Antonio Moss
quote:
Because if the US has one problem, it’s the existence of nuclear family homes.
The progressives want a collective that they control. Not independent families that rely on themselves
Posted on 7/20/19 at 6:22 pm to MrLSU
Ehh. I come from a single mother who took 8 years(night school) to get her bachelors. She then met my dad shortly after. She had me at age 30. She never rented an APT, saved frugally and invested in each month. She set up an account for me and would invest $50 a month. That same account I used to put a down payment on my house. I guess that’s generational wealth? Or it’s just that she planted seeds for me. But yeah it’s because I’m white.
Posted on 7/20/19 at 6:34 pm to MrLSU
This plan is part of U.N. Agenda 21 & has been around for under 30 years. This part of it is to consolidate people into cities into high density areas. It's all about controlling people in a one government global society & ending private property ownership by citizens. Look into Agenda 21. It's pretty scary.
Posted on 7/30/19 at 11:53 pm to biglego
Bump for its relevance to the Africa thread
Posted on 7/30/19 at 11:58 pm to hombreman9
quote:
I would love to see an America where every kid has a shot,
Open your eyes and you will see
Posted on 7/31/19 at 12:54 am to fr33manator
And this one will probably get the anchor too.
Posted on 7/31/19 at 5:05 am to MrLSU
every single adult member of my extended family has a job, some better than others but everyone over 16 has a job.
That is how you build generational wealth.
frick this pandering twat
That is how you build generational wealth.
frick this pandering twat
Posted on 7/31/19 at 5:14 am to MrLSU
Looks like a dyke. No surprise here.
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