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Where’s Their Messiah Now?

July 11th, 2011 at 10:25 am by Preston Taylor Holmes

Don’t tell Peggy the Moocher though, I’m sure she’s still down at the payday loan office trying to figure out why Barack didn’t pay her mortgage and fill up her car for her.

Certainly, thinking such a thing is the height of cluelessness in the first place. However, the black middle class, which grew and prospered over the last decade has been (*gasp*) hit hardest by their jug-eared hero’s anti-capitalist economic policies.

In 2004, the median net worth of white households was $134,280, compared with $13,450 for black households, according to an analysis of Federal Reserve data by the Economic Policy Institute. By 2009, the median net worth for white households had fallen 24 percent to $97,860; the median net worth for black households had fallen 83 percent to $2,170, according to the institute.

Austin described the wealth gap this way: “In 2009, for every dollar of wealth the average white household had, black households only had two cents.”

Here’s the problem with the wealth-redistributionists — well, there’s more than one, but we’ll start here. These class warriors live in a world of Marxist economic theory that has, as its primary objective, to punish the achievers in the top tax brackets and bring them down. To them, having a rising tide that lifts all boats is somehow unfair to the smaller boats, even as they’re now able to get new gold-plated hardware to replace the rusted-out metal junk and new pine-scented air-fresheners to hang from the bridge’s rear-view mirror.

These jealousy-ridden lunatics only see the disparity between the white and black median household incomes, when they should really be horrified at the catastrophic drop that both demographics have suffered under the boot of the Obama/Soros/Geithner/Bernanke Crime Family.

But that would be too logical. If these race-baiters had any common-sense, they wouldn’t spend their lives race-baiting.

Wiley said Obama should be applauded for several initiatives that have helped the black middle class, such as programs to modify certain mortgages and prevent foreclosure because of job loss. But she would like Obama to aggressively counter the suggestion that first black president would be showing favoritism if he specifically helped black people.

“It’s the right thing to do for the nation,” she said. “Black people are a huge segment of the population, they’re especially hard-hit, and the country cannot recover if the black community — as well as the white community and others — does not recover.”

Actually, ma’am, they are still between 12-13% of the population according to the 2010 Acorn Census, which doesn’t exactly qualify as “huge”, despite their over-representation in the left-leaning media and entertainment industries.

For all those guilt-ridden white liberals out there who thought that voting in the first black president (well, technically, the second) would get you off the hook, think again. The class-warfare, race-obsessed media and political classes will never let it go. You could paint the House and Senate black and you’d still have the same tedious meme to wade through anytime you picked up a newspaper.

For an easier-to-understand, USA Today-style look at the problem, Cranky can help you out.


2 Responses to “Where’s Their Messiah Now?”

  1. RW Don Says:

    Two words when I see stats like that for African-Americans. Underground Economy. Time to take a good, hard look at that. IF we are going by only the reported incomes (reported to the IRS, the Bureau of the Census, etc.–that is, some formal, government agency that collects such data on income), then we’d better ask ourselves exactly what DID the billions and billions of dollars spent on the War on Poverty, especially as it relates to minorities, actually accomplish? It seems to me we could have handed every family a million bucks in some kind of trust that would have doled out, say fifty grand a year and we’d be a whole lot better off, in terms of eradicating black poverty, and we would have spend a whole lot less in government programs! At this point, 46 years after the declaration of the War of Poverty by LBJ, I’d say we should say we lost that war and surrender to poverty.

  2. ThinkingWease, Says:

    Just stumbled across this via Twitter and by God its good to see people calling this stuff what it is to its face. Somehow I, as a middle-class white male of voting age am supposed to have the easiest ticket in the world to get where I wanna go in life. Yet, thanks to our ‘Political Heroes’ every law and quota they can think of gets passed to hinder me in the name of equality.

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