there is that powerful clip by Umar Johnson talking about black people and wealth/riches


does it make sense?

When a successful white man buys a private jet, buys a yacht to sail the world, Lamborghini and an island in the Caribbean, and shops in Paris no one complains. When an equally successful black man does the same he is frowned upon and quickly reminded of his place and that he should be modest? Why the double standards?

It is nonsense. You can't talk about about inter-generational wealth and not talk about history. He should look at the history of wealth in America, and realize that the system was always rigged against blacks. Blacks were supposed to be slaves and weren't allowed to own any land or property. And land holdings comprise some of the most important of the inter-generational wealth. So the slaves were freed but remained as tenants on their masters farms or left to cities to look for work, while the white man continued holding his property portfolio, utilizing it productively, and passing it to his descendants. Meanwhile, black land and property ownership was deliberately sabotaged, and even those blacks who acquired land faced alot of difficulties with some being chased out by their white neighbours and ended up loosing their land. Many black land owners couldn't get loans to develop the land and lost the land.

But the future looks bright since the modern economy has diverse asset classes eg stocks, homes, businesses, real estate etc which do not discriminate against blacks and therefore blacks will be passing more wealth to their descendants. Blacks are also more enlightened to make long term financial decisions.

http://www.huffingtonpos...early-14_b_8395448.html

Hii ndiyo old money. Money that is several centuries old.

http://www.dailymail.co....-s-desired-property.html

We all look at the other person wealth as more and thus needing to be humble, how many take their families to shags in their cars, rubbing it in for the poor rural folks, how many guys take kids to huko shags and the kids speak 'englis' rubbing it in to the englisless rural kids, how many have houses which are visible from miles away.
remember there is a person who considers what you have luxury and wastage, if you have ever used a matatu and listened to the driver and conductor cursing watu wa personal na vile wanalinga, and the way they are stupid to be using like 1k per day on fuel instead of 40bob kwa matatu.