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Bill Cosby to Angela Rich: How Black Respectability is a Wealth Mirage for Black America

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Bill Cosby to Angela Rich: How Black Respectability is a Wealth Mirage for Black America Call in 3238794445

1) Was the Cosby show a real reflection of black life? was it positive? Did you know the house they showed was worth a million in 1984?

2) Bill Cosby the image of Black America’s father, and the man that gave us the Poubd Cake speech is standing Trial What are your thoughts on The Cosby Show being caught in the shadow of a Mass Incarceration for decades it fought to avoid?

3) Is Angela Rich the young entrepreneur that came on the Breakfast Club saying anything that makes sense? Does her App make sense for black folks or is it race a historical?

4) Is Bootstrapism an answer to the racial wealth gap for Black America?

5) What will be cover in coming Report with Professor Darity and Hamilton? Is there too much myth in Black economics? Part 1 introduction. FULL SHOW ON THIS next Friday 4/20

6) Can Black America answer the lack of wealth without government action? Does Group economics work for a group with no wealth, and no production in an Amazon America? If not what can work?

1) Was the Cosby show a real reflection of black life? was it positive? Did you know the house they showed was worth a million in 1984?

2) Bill Cosby the image of Black America’s father, and the man that gave us the Poubd Cake speech is standing Trial What are your thoughts on The Cosby Show being caught in the shadow of a Mass Incarceration for decades it fought to avoid?

3) Is Angela Rich the young entrepreneur that came on the Breakfast Club saying anything that makes sense? Does her App make sense for black folks or is it race a historical?

4) Is Bootstrapism an answer to the racial wealth gap for Black America?

5) What will be cover in coming Report with Professor Darity and Hamilton? Is there too much myth in Black economics? Part 1 introduction. FULL SHOW ON THIS next Friday 4/20

6) Can Black America answer the lack of wealth without government action? Does Group economics work for a group with no wealth, and no production in an Amazon America? If not what can work?

Comments

tonetalks says:

Again to be in the top five percent of all black families in America today you only need 350k in net worth(pension, House, small stash of liquid cash). Understand this Cosby family would have had to put down $100,000 in 1984 dollars. Which is the equivalent to like half a Million in cash today. Relatively it’s really more like 700k in cash today. Maybe 20,000 black families in this whole nation have that amount of liquid asset. And we made a show about them. That’s the top .01 percent of black families.

Also this is an era of hard segregation where wealthy white neighborhood like the one Peter Rudy’s friend would live in weren’t very accepting of black families.

While viewers believed the Cosby clan lived in Brooklyn Heights, the real home was located at 10 Leroy Street in the West Village. THEN: In 1984, a Brooklyn Heights brownstone would have gone for around $700,000. NOW: A Brooklyn Heights town house would cost $5-$7 million, estimates Corcoran.
Giving this context in the early 1980’s normal home loans were given at a rate above 15 percent, a loan of this type would have been likely considerably higher. In addition, a prospective buyer would have to come with anywhere from 10-20 percent or more of the home value as the down payment. Likely floor plan https://movies.stackexchange.com/questions/2900/what-is-the-floor-plan-of-the-huxtable-home

Again On the low end this family would have had to put down over $100,000 in cash, and paid a mortgage of $8,000 a month in the early 1980s. That would be the equivalent of a $18,000 mortgage today, and like 400k down. Hey

Donld Johnson says:

How can you believe anything white media says

thenewacedblflt says:

Oh, damn! 21:18 LMAO

lovelycars1 says:

Well , since we don't live in a perfect world I say gotta draw the line somewhere. I'd rather have Cosby than what I can in the hip-hop videos. Bill Cosby's image in terms of moral values is equivalent to what the white people have.

Chris S says:

That diversity part the caller was talking about at the 33:00 mark is so real THESE DAYS.

malcolm x Garvey says:

Tone you should go on tbc because its not about you ans ctg, you will be reaching an audience who may not listen to you, you have important info ppl need to hear, some of us live in an illusion, thats why we feel like sports and entertainment is our only way out of this, the problem with that a very low percentage ever makes it,we are victims of racism, ws, where we are is no coincidence!

Thomas Shields says:

Great information.

Mama Ford says:

When I was 16 years old, which was in the 90s, I babysat for an African-American ob/gyn who was married to an African-American woman. They were DOS and had 3 children, all under the age of 12 at the time. This was in San Francisco. They’re financial situation was not that of my parents or anyone in my extended family however they were awesome people, members of my church and I was grateful that I got to know them. Absolutely not the norm: very rare.

john hrock100 says:

Tone disagree, i think you should go on breakfast club if you can, If they got Boyce Watkins, and Umar Johnson on that show, why can't You and Yvette drop your perspective especially with your knowledge of politics.

john hrock100 says:

yeah I got to watch William Darity, I love hearing the brotha drop some jems.

christiandivamd says:

"James" wasnt kicked off Good Times. He quit. Remember, he started as a firefighter and Florida was a maid on Maude- Good Times was the spin off. The character "James" became sickening to everyone including John Amos. His position was that the characters weren't elevating- he was right. That's why many stopped tuning in. The family became hopeless

thehome man says:

I don't think that the cosby show was for black people, the successful almost perfect black family was more white people.
It was for them to see us differently not for us to see us in a better light.
Stokely Carmichael used to say that civil rights was for white people cause he knew he was a man they had to learn.

kecia keyton says:

MissChicago the welfare state is over for many in the black community because of drugs. Many people don’t qualify for public assistance because of drug cases. They don’t qualify for low income housing because of drug offenses. However, they are forced to be underemployed but black Americans pay taxes that help white opioid addicts that qualify for welfare. I have a cousin with 11 children. 11. Most abortion clinics don’t preform Medicaid abortions so who in the black community is aborting pregnancies? Not black folks on welfare. And in Michigan, they had to change the policy of people being able to take the Bridge card to the casinos. Too much misinformation is having an impact on black lives and your points further that narrative. We have to get honest and tell the truth and report that.

cminus23msw says:

Sad, but many still don't understand black plight, politics, economics, etc.

Lawrence Ngumbah says:

Brother on the broadcast personally do appreciate your commitment, devotion and courage to come up with this platform.
We do not need a people who have no plans for black people and their agenda is to maintain oppression. No matter how hard the zebras seek for equality and reparations from the lions that will never happen.
First black people as a whole have no agenda that is the root of all the problems.

Michael Adams says:

We have historically been underpaid for the work we do so it doesn't matter that we save more than whites percentage wise…. If we pay more for credit access ( intrest rates) and dont have the financial assets that other groups have, you can't get ahead if you playing catchup.

era blak tv says:

First caller was on point.
Tone makes great points throughout as always.but im heavy on working and moving for something.not for a dream somebody else's goals.

era blak tv says:

We must divorce and cripple this system.if we have nothing and aint nothing coming then y do u live and continue to go on.i feel black women are the gate keepers for this society.because what im saying is correct.but u will have a pegion of well to do black women like u not doing good we r,wich hurts our whole movement.cause they cant see u r the earth and u cant reproduce down here and only slaves to continue this bullshit system.they never see they r the mental that was to be captured and rigged to see luxury and a life for them without a man…wich is the devil in itself…seperation is the devil in u as an act…u r here to act like god…anything in the way of that is the devil and makes u 1 as well.we cant contribute to the devil and beast system.omen must see this so we have all our numbers on our side.we r the people.fight the power.✌

era blak tv says:

Im so grounded in reality i may come across down depressed or not engaged on and with the restofthe world or upbeat blacks feeling like everything is all good.when its not at all.

era blak tv says:

Its moving fast and really really white…..thanku…..im black and i aint budging….untill my money work for me.✌

Sondra M says:

Article from National Geographic: “No Scientific Bases for Race”

https://www.nationalgeographic.com/magazine/2018/04/race-genetics-science-africa/

Kentoons says:

Bill Cosby is a thinking man but a man never the less. He thought to much with his other head a prevledge not afforded black men .

dave cauldwell says:

TRANSFORMATIVE POLITICS in order to "demand" from the government anything black folks would need to get lobbyist just like these big corporation to persuade congress to pass laws

and that cost would have to come from group economics black people spend trillions thats more then required to get lobbyist to persuade congress in our favor if people just all put in a little collectively to have lobbyist act on are behalf

no excuse that black people dont have enough money to collectively change the laws

racial inequality has a fair chance to change or at least be refined in are favor in society once we understand that stuffing politicians pockets is a pivotal step

louis burbank says:

Is it worth going to law school

louis burbank says:

You are a Lawyer RT?

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