Maggie Lena Walker: The Black Woman Who Built Generational Wealth and Changed Banking Forever https://shinemycrown.com/maggie-lena-walker-the-black-woman-who-built-generational-wealth-and-changed-banking-forever/?utm_source=dlvr.it&utm_medium=mastodon #MaggieLenaWalker #GenerationalWealth #BlackHistory #WomenInBanking #FinancialLiteracy
https://www.youtube.com/watch?v=YD4GxwyxMYcb
GUEST: #RobLarson, author of #MasteringTheUniverse: The Obscene #Wealth of the #RulingClass, What They Do with Their Money, and Why You Should Hate Them Even More
www.haymarketbooks.org
Among the various topics touched on during Tues’ #debate was #Trump’s #inheritance, brought up by VP #KamalaHarris as she addressed the #MiddleClass.
How much Trump received has seemingly been a sensitive point for Trump. He has often claimed it was a “very small loan,” but a 2018 David Barstow, [the brilliant] Susanne Craig & Russ Buettner NYT’s report refuted that.
#FactCheck #TrumpLies #InheritedWealth #SilverSpoon #GenerationalWealth #SelfMadeMyth #LyingLiarWhoLies
https://thehill.com/homenews/nexstar_media_wire/4873145-how-much-did-trump-inherit-from-his-father/
Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
#FactCheck #TrumpLies #InheritedWealth #SilverSpoon #GenerationalWealth #SelfMadeMyth #LyingLiarWhoLies
https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html
#Trump got $413M from his dad, much from tax dodges
#FactCheck #TrumpLies #InheritedWealth #SilverSpoon #GenerationalWealth #SelfMadeMyth #LyingLiarWhoLies
https://apnews.com/article/0452d29cd2564eaf97605ab90acc3a67
@akamran
Nothing to see here, just •the• main avenue for #GenerationalWealth creation in the United States and the prime way that families enter the middle class.
No Surprise RFK Jr. Endorsed Trump: Both Backed by Billionaire Timothy Mellon
https://truthout.org/articles/its-no-surprise-rfk-jr-endorsed-trump-theyre-backed-by-the-same-billionaire
Secretive billionaire bankrolls RFK Jr., Donald Trump
https://www.nationofchange.org/2024/08/26/the-billionaire-behind-rfk-jr-and-trump-timothy-mellons-influence-on-the-2024-election
* critical concern: influence of wealth on American democracy
Billionaire Timothy Mellon poured $165 million into 2024 elections
https://mastodon.social/@persagen/113013133319641942
Yes. God I miss her. Brilliant.
#MichelleObama's "line overlapping #affirmativeaction & #GenerationalWealth wasn’t offering “affirmative action” as a pejorative term. It was, instead, contextualizing a different way in which people are boosted by circumstances that aren’t always under their control. It was a defense of affirmative action programs that noted how wealth built in an explicitly unfair economy was its own form of unearned advantage."
“Our fellow Tulsans were murdered, their homes & businesses torched, their bodies buried in unmarked graves so their loved ones couldn’t find them,” #Tulsa Mayor G.T. Bynum (R) said at a news conference Thurs. “And to this day, no one has ever been held to account for it. To call it an outrage does not do it #justice.”
The developments come after decades of debate over how — if at all — #reparations should be doled out to victims & their families for the #violence that has limited the economic advancement of generations of #Black Tulsans. During the 1921 massacre, a White mob destroyed #Greenwood, an all-Black community nicknamed #BlackWallStreet, leaving as many as 300 Black people dead & 10k homeless.
The announcement was followed by news that an #Oklahoma archaeology team had exhumed another set of human remains w/a gunshot wound—a haunting reminder of the mob #violence that ripped through 35 square blocks of what was once a wealthy #Black community. The remains were the 3rd set w/a gunshot wound discovered since scientists began excavating a cemetery in 2020 to identify the #TulsaRaceMassacre’s victims.
#justice #law #racism #WhiteSupremacy #GenerationalWealth #BlackWallStreet #reparations
@billyjoebowers
That is why I believe emotional self-regulation is a form of #GenerationalWealth.
Gotta pay it forward.
I get things are weird and eschatological in the #polycrisis, but emotional regulation is a form of #GenerationalWealth.
By LOSING YOUR SHIT at the slightest provocation and expressing those emotions across digital networks, you are playing the role of the persona whom the antagonists are seeking to trigger.
The #AntiNormie faction gets high on #LiberalTears.
An emotional outburst is the objective.
Their lack of empathy is a generational legacy.
Yours is the ability to not be provoked.
“Growing up with parents who can #regulate their own #emotions is a less talked about form of #GenerationalWealth.”
https://www.linkedin.com/posts/greg-vandyne_growing-up-with-parents-who-can-regulate-activity-7184276402555301888-HjvN?utm_source=share&utm_medium=member_ios
If you remember personally recording Pearl Jam, Nirvana, Stone Temple Pilots off the radio onto a tape and timing it right to avoid commercials or the DJ, you're probably a young member of Gen X and an old Millennial. You later went on to download those artists using Napster.
If you're still renting, you're also the most impacted by the biggest drop-off in wealth creation: home ownership.
Here we are now, entertain us.
#Reparations, in part, means addressing #FederalGovernment policies that gave financial assistance, guarantees, and advantages via the #NewDeal and post-war #VA benefits explicitly to white people, creating the #American #MiddleClass and its legacy of #GenerationalWealth, while denying the same, then and now, to #Black people.
#Redlining, created by the Federal government as a #segregationist tool, still underlies all financing, including credit scores and home loans.
