(ThyBlackMan.com) Warren Buffett is rich, very rich. This past year, Buffett’s wealth grew by a stunning $12.7 billion dollars, up to $59.1 billion. All of this according to Wealth-X, a firm that studies the nation’s super rich. This means that Buffett’s wealth grew by $1.5 million dollars per hour, every ...
(ThyBlackMan.com) Yes, criticism of Mr. Obama is good for black folks, because sometimes, criticism brings about needed change. Many blacks, especially black women, irrationally support this president’s agenda, which has proven by the Pew Research Poll (http://www.people-press.org/2013/11/08/obamas-second-term-slide-continues/ ) to be out of step economically with what is wrong with America. ...
(ThyBlackMan.com) I’ve been teaching finance at the college level for 20 years, so I know how money works. I’ve also been a black man for as long as I can remember. So, putting these two things together, I can tell you that as a black man, I feel quite strongly ...
(ThyBlackMan.com) “Who’s On First?” depicts Abbot and Costello going in circles attempting to communicate simple answers to simple questions. In a similar respect, black people have been faced with this daunting task. Since the 1863 Emancipation Proclamation claimed to have freed 4 million enslaved Africans, black people in America have ...
(ThyBlackMan.com) It is no secret, President Obama has been battered over the last few days due to missteps associated with his signature legislation, the Affordable Care Act (ACA). His enemies and indeed, some members of the Democratic Party have vocalized their displeasure in the way he handled the rollout of ...
(ThyBlackMan.com) During a seminar in Buffalo, New York, a few years ago, noted author and financial adviser, Brooke Stephens, said, “How you handle your money is a reflection of how you feel about yourself.” Many of us may not want to admit it, including myself, but there have been times ...
(ThyBlackMan.com) Like a forest fire that is never satisfied, the woes of the national economy are spreading through the black community in the form of double-digit unemployment and are wreaking havoc. In a display reminiscent of the great forest fires of the west, black wealth is being consumed in much ...
(ThyBlackMan.com) But I must own, to the shame of my own countrymen, that I first was kidnapped and betrayed by some of my own complexion, who were the first cause of my exile and slavery; but if there were no buyers there would be no sellers.” Ottobah Cuogoano, 1787 During ...
(ThyBlackMan.com) The unemployment numbers for September are finally in and as predicted blacks did not fare well (https://thyblackman.com/2013/09/30/bleak-economic-outlook-for-blacks-based-on-feds-actions/). There is no question; blacks as a working group are in dire straits. When you include the Bush administration, blacks have experienced double-digit unemployment for the last six years without interruption. They ...
(ThyBlackMan.com) Blacks, who are experiencing the highest unemployment rate among measured working groups in the United States, are headed for even more turbulence economically in the near future. You ask how this is possible with the stock market reaching new highs and the national unemployment rate decreasing from 7.4% to ...
(ThyBlackMan.com) We talk a lot about criminal justice and crime in the streets, especially among Black people. Mass incarceration of Black men, disparate sentencing, private prisons, legal slavery inside prisons based on the 13th Amendment, and all the other plagues that beset us vis-à-vis our criminal justice system and prison ...
(ThyBlackMan.com) “The economic distress of America’s inner cities may be the most pressing issue facing the nation. The lack of businesses and jobs in disadvantaged urban areas fuels not only a crushing cycle of poverty but also crippling social problems such as drug abuse and crime… A sustainable economic base ...