Comments on: Jobless Rate of Blacks…

By: JC

JC — Thu, 04 Aug 2011 22:26:37 +0000

Why is it that black people are always the ones begging for something, Yes, I know we are all Americans and should be treated so, but wake up black people, we have never been treated fairly by this country and will never be treated as true Americans. Just look at the opportunities blacks piss away all the time. Black female hair care products is a billion dollar a year business, and look what happened. Stupid ignorant black women literally handed it over to Asians.

Now how many jobs did the black community lose because of ignorance? Another example, look at the NBA and NFL, if we had some smart and honest black men (former players) working together most of the league, stadiums, sports equipment companies, sport networks, etc could be black owned and operated.

Final example is the black mega church, if the church leadership was not so corrupt with thieves, con men and perverts black people could have formed their own credit unions, insurance companies, mortgage companies and employed their own to operate it. By investing only a fraction of the member’s collections, thus by making those members share holders. Every together race or nationality cooperates like this on some level except black people. We are too occupied with trying to rip off each other or running to the white man to save us.

By: Martha

Martha — Thu, 04 Aug 2011 20:25:56 +0000

This article shows an unemployment rate of 9.7% for the country and unemployment rate of 15.8% for Black Americans.

What month is this for?
The statistics from the BLS for July doesn’t come out until Friday August 5, 2011.

Please explain.

By: James Davis

James Davis — Thu, 04 Aug 2011 15:06:11 +0000

Sure, we need a plan to create jobs. That’s obvious to the 16.2% of Blacks overall, and 17% of Black men who are currently unemployed. We don’t need anyone to tell us that as if we didnot know this!!! What is needed is a viable plan and I do mean plan,as the Republicans have demonstrated their ability to block anymore give away programs such as handing money over organizations such as the Urban League, and unemployment insurance extensions. A viable plan which is deficit-neutral(doesnot add to the national debt)which will pull us completely out of this downward spiral rest with the baby-boomers, believe it or not!! 9,600 will start retiring each day for the next 18 years.

They do not have ability take partial distributions from their Social Security principle. Private pension plans are obligated to offer you the option at the time you retire of whether you would like take part of your retire principle. Say if you had $200,000. dollars principle in your retirement plan, your pension provider is obligated to offer you a partial portion of it. Now imagine, if the largest pension fund in world, the Social Security Trust Fund, were obligated to do same. Let say the allowed amount is $20,000.00. $20,000.00 x 9,600 works out to be $192,000,000. million dollars being dropped into this economy each day by boomers!! Now that a plan!! Double the allowed amount to $40,000. dollars and that comes to $384,000,000. million dollars a day.

I think that would create some jobs!! Congress if they so desired could waive the taxes on the first $20,000. dollars to make it popular. Rev. Sharpton, let’s stop looking for handouts!!! Go to http://www.sslumpsum.com for more info. Thank you.