[BartSimpson]

Brenda wrote:

A lot, when you consider the fact the headlines the past few weeks were that "White Americans have an average of $125,000, while Black Americans have an average of $6,545 and Hispanics an average of $13,586 in assets". Or something like that.

At any rate, they made the distinction between races and money the average people of different races have.
Of course, it is still "whitey's fault" the "non-whiteys" have WAYYYY less money (or assets)

Here's one of the problems I tend to notice with blacks and Mexicans in California:



Yep, that's about a 1986 Cadillac - worth around $1500 - with about $30,000 worth of rims on it.

I have no idea why blacks have no assets.

[DanSC]

I always assumed rims counted as a tangible asset.

I actually once bought a cheepo older commutter car with huge aftermarket rims. I sold the rims, bought stock rims and tires, and almost broke even on the car.

[BartSimpson]

DanSC wrote:

I always assumed rims counted as a tangible asset.

Then so do grills.

[bootlegga]

Thanos wrote:

Stolen shamelessly from someone on Twitter: "As of Friday evening, all the countries with a AAA credit rating also have universal health care."

Heh, LOL.

[Brenda]

BartSimpson wrote:

Brenda wrote:

A lot, when you consider the fact the headlines the past few weeks were that "White Americans have an average of $125,000, while Black Americans have an average of $6,545 and Hispanics an average of $13,586 in assets". Or something like that.

At any rate, they made the distinction between races and money the average people of different races have.
Of course, it is still "whitey's fault" the "non-whiteys" have WAYYYY less money (or assets)

Here's one of the problems I tend to notice with blacks and Mexicans in California:



Yep, that's about a 1986 Cadillac - worth around $1500 - with about $30,000 worth of rims on it.

I have no idea why blacks have no assets.

Which would give them $30,000 in assets. I don't think there are many people with $125,000 in cash in a bank account. With today's interest rate, that would only cost you money, so that's not smart.