Middle Class FAMILIES On Shaky Ground

| | Comments (1) | TrackBacks (0)
While this is true, "Report: Vast Majority of African American and Latino Middle-Class Families Are on Shaky Financial Ground," I think my statement holds more true. I mean, to not include Whites in the study almost implies only Blacks and Latinos are having problems.  But, I see where they are going with this; Latinos and Blacks are being hit harder statistically. 

"I think one of the things that I noted in the report was how much of whatever assets African Americans and Latinos have are tied up with whatever equity they have in their homes, as opposed to any other kind of assets, whether it’s cash in the bank or stocks or bonds or whatever, but that essentially the wealth that exists in black and Latino America is basically the wealth in the equity of their houses, right?"
But, isn't it funny (even sad), that in a downed economy such as we are experiencing now, we still find away to say that we are more shortchanged than everyone else?




0 TrackBacks

Listed below are links to blogs that reference this entry: Middle Class FAMILIES On Shaky Ground.

TrackBack URL for this entry: http://www.latinopundit.com/~latinopu/cgi-bin/mt/mt-tb.cgi/429

1 Comments

Marc S. said:

Oh boy, is this true. I was laid off today...excuse me while I go to my local nail salon to sweep up clippings to take to the glue factory.

Leave a comment

About this Entry

This page contains a single entry by Louis Pagan published on August 3, 2008 9:17 AM.

Comcast Told To Leave Their Paws Off Internet was the previous entry in this blog.

Racist Babies is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Powered by Movable Type 4.01