official - what are you doing in the UK?
Quote from: RBG on May 13, 2005, 02:52:08 PMofficial - what are you doing in the UK?RBG: working...for some international law firmsHBCU: hell yeah i'm sincere, please explain it to me how i'm wrong.
Let me jump in on this one. I have to disagree on the whole American dream/buy a house theory. I’m against buying homes to “build wealth,” as far as helping black people goes. I think the discussion so far has been talking about the wrong type of wealth, (i.e. monetary) which doesn’t necessarily follow from buying a home btw. We should be trying to build political capital rather than anything fiscal. You see, people always think that money is power, but it’s just the opposite, power is money (you have to understand the linguistic properties of identity to understand that the statement I just made isn’t the same), but let me explain what I’m saying. It doesn’t matter where you live, or if you own that residence or not, what matters is how you live. Being stuck under a burdensome mortgage for 20-30+ years is not the way to go. However, owning a solid stock portfolio is, having the mobility to get up and leave a particular political district or economy is as well. Just think if black people instead of putting 30 to sometimes 60/80% of their income into buying a house were to invest that money into something that helps us all. Like black businesses, black banks…Africa! Of course there are exceptions, but buying a home is so secondary.
No. I don't feel like it. Also, I'm not smart enough to defend my view. I just like to reject topics without baacking it up with anything. Quote from: official2008 on May 13, 2005, 02:59:31 PMQuote from: RBG on May 13, 2005, 02:52:08 PMofficial - what are you doing in the UK?RBG: working...for some international law firmsHBCU: hell yeah i'm sincere, please explain it to me how i'm wrong.
See. I told you. She is better than me.