Lake Providence, LA-The most unequal place in the country


jsupop33 said:
They don't need the land to make the money. I would say Technology is a much better asset. Look at how these Indian companies were able to suck up wealth after globalization through outsourcing. Or even owning a business. I meet a good number of Africans who have moved to America and built nice small businesses that they can pass down to their offspring.
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You do realize the same Indians and Africans you speak of probably come from rich families in their country that own a lot of land, which means they already had the capital to start a business. You are still trying to compare people with nothing from the start with people that had something to work with. Whenever you find that money tree, please let me know where it is located.
 
JAG89 said:
You do realize the same Indians and Africans you speak of probably come from rich families in their country that own a lot of land, which means they already had the capital to start a business. You are still trying to compare people with nothing from the start with people that had something to work with. Whenever you find that money tree, please let me know where it is located.
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That is utter bull. A lot of these cats grew up dirt broke in the countries they came from. Some had money but the same from here. The thing is that assetts are limited, so in order to create wealth one place, you have to find a way to suck wealth up from places that have wealth. A redistribution by market means if you may. India was a dirt poor country 50 years ago, they decided to focus on one niche and found a way to drain money from American business owners.

Tunica County in Mississippi was dirt poor and they found a way to suck money from people in memphis by building casinos. I have a friend who used their student loan refund check to buy gumball machines and put them in some daycare centers and now makes about $300 a month from those machines a month. Nothing big but still an extra $3600 a year from something that initially cost her maybe $360 in investment was worth it.

If you want to change the economic condition of a people or a region, you have to find a way by which to transfer wealth into the community from communities with wealth. The only way to really do that is to figure out a way to offer a good or service that others are willing to pay for.
 



I can't even lie, I love to read your post. You are so articulate it is like I hear your voice speaking when you post. That is sexy as hell!!!! Sorry for getting off topic but I love an intelligent black woman. Good lawd!!! :sperm:
TSUGIRL07 said:
jsupop33 said:
Jagfan is not in the young generation, :lol:

I do think access to capital is a big problem that we have failed to address but I do also agree that killing that consumer mindset is something that must be addressed. I went through this conversation with someone yesterday. She was so excited about going to Houston for the SWAC Championship but complained about not having business clothes and wanted to get a Macy's card to buy new suits for work. I asked why not just cancel the Houston trip and buy clothes if they are the bigger priority. The first thought was, I need to go into debt to get something that I need for work instead of prioritizing. My eyes have been opened so much by reading the big short, confidence men, and all these other books about the financial collapse.[/QUOT

The consumerism mindset and the inability to prioritize the use of the funds that we do have are the main issues. In 2015, African American buying power will reach 1.1 trillion. If we were a nation, that would put us in the top five. Yes there is a difference between wealth and income, but the ability to accumulate wealth and assets starts with how we spend our discretionary income. In order to accumulate wealth we have to start by teaching the next generation how to prioritize their spending habits and what purchases will help them accumulate wealth in the short and long-term. My theoretical framework for my dissertation consists mostly of economic theories like social exchange and rationale choice. This has really opened my eyes to how we think as a people in relation to how we spend money. It's not that we don't have money, but we lack the ability across the board to see ourselves as more than consumers in a capitalistic society.
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Bruh that is why I don't even deal with this young generation or folks our age who have forgotten the past. I am like I still remember being in college in the 90's and HBCU's and inner city public schools fighting law suits for equal funding issues. I remember inner city public schools still with out dated text books in 95. Now we are in 2013 and folks act like we should be on the same level field. Heck I remember watching a documentary in 2001 where schools in the poor rural areas of Alabama and Mississippi were closing schools for cotton season then opening back up. Folks act like that didn't happen because Casino's are there 10 years later. Sad!!!! This is one of the reason it burns me up when folks act like graduation rates at HBCU's are horrible. They are actually good for the amount of poor folks we have in the black community.
JAG89 said:
The same way people in Somalia are having babies without food. You are talking about people whose ancestors were slaves and sharecroppers. They are just doing what their parents before them did, who also had no money, but was given the opportunity to live off the land that they were made to work and harvest for rich White plantation owners.

Every time I hear a Black person disregarding the institution of slavery as the main reason for Black people in this country being economically behind, it's almost like I'm hearing Clarence Thomas talking.
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Bruh I can tell. I be like this lil girl got a old man wishing for younger days!!! :lol: Man it is something about smart sisters that get me riled up. :lol: That is why I loves me some CT. She is smart and sassy. I would man ole man to ole CT. :sperm:
jsupop33 said:
Oh, TSUgirl is fine Cee. Check out her facebook page.
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jsupop33 said:
That is utter bull. A lot of these cats grew up dirt broke in the countries they came from. Some had money but the same from here. The thing is that assetts are limited, so in order to create wealth one place, you have to find a way to suck wealth up from places that have wealth. A redistribution by market means if you may. India was a dirt poor country 50 years ago, they decided to focus on one niche and found a way to drain money from American business owners.

Tunica County in Mississippi was dirt poor and they found a way to suck money from people in memphis by building casinos. I have a friend who used their student loan refund check to buy gumball machines and put them in some daycare centers and now makes about $300 a month from those machines a month. Nothing big but still an extra $3600 a year from something that initially cost her maybe $360 in investment was worth it.

If you want to change the economic condition of a people or a region, you have to find a way by which to transfer wealth into the community from communities with wealth. The only way to really do that is to figure out a way to offer a good or service that others are willing to pay for.
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When you speak of India as a nation versus Blacks in the United States, you are trying to compare apples to oranges. The two are miles apart. Like you said, India as a nation made the decision to go after a certain niche' in America.

Since the goods and services are mostly controlled by the rich White land owners, what would be your suggestion on transferring the wealth in communities like LP from rich White land owners to the poor Blacks?
 
CEE DOG said:
Bruh that is why I don't even deal with this young generation or folks our age who have forgotten the past. I am like I still remember being in college in the 90's and HBCU's and inner city public schools fighting law suits for equal funding issues. I remember inner city public schools still with out dated text books in 95. Now we are in 2013 and folks act like we should be on the same level field. Heck I remember watching a documentary in 2001 where schools in the poor rural areas of Alabama and Mississippi were closing schools for cotton season then opening back up. Folks act like that didn't happen because Casino's are there 10 years later. Sad!!!! This is one of the reason it burns me up when folks act like graduation rates at HBCU's are horrible. They are actually good for the amount of poor folks we have in the black community.
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I believe jsupop33 knows exactly what we are talking about, but for whatever reason, he likes to keep the topic of discussions ongoing. No Black person from Mississippi can be that naïve.
 
JAG89 said:
When you speak of India as a nation versus Blacks in the United States, you are trying to compare apples to oranges. The two are miles apart. Like you said, India as a nation made the decision to go after a certain niche' in America.

Since the goods and services are mostly controlled by the rich White land owners, what would be your suggestion on transferring the wealth in communities like LP from rich White land owners to the poor Blacks?
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Find services that the rich landowners are willing to pay for, offer them, and use the money to invest. Our ancestors started the first part right when they started the shoe shining business, homecleaning services, carwashes, dry cleaning services, etc... The problem was that we were savy with financial management so while our incomes began to increase,we did not use that money to create replenishing revenue streams and therefore, we never left the service industries. Now, the economy has shifted and those traditional industries don't provide adequate income.

However, they shouldn't limit themselves to focusing on transferring wealth from those people north of the lake. If a lot of the students have access to computers at school or if there are community centers which offer access to computers. I would suggest some people organize a webservice that allows people with lakes on the home to rent out rooms on their property to guests who are looking for a get away. You can get a website from godaddy for about $12 and hosting at Hostek for like $5 a month (with monthly building), use a free wordpress template to build the site and charge a service fee for rentals. I am not saying that works for everyone but finding little niches is good.

I got a friend who teaches inner city kids here in DC how to program afterschool for free. Some of his students are making over $100 an hour doing part-time programming work for large govt contractors in the region.
 
JAG89 said:
I believe jsupop33 knows exactly what we are talking about, but for whatever reason, he likes to keep the topic of discussions ongoing. No Black person from Mississippi can be that naïve.
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No one disputes the impact of slavery. No one. I agree with TSUgirl though that at 1.1 trillion dollar buying power, we should be better off economically. We will never catch up with our counterparts because we started behind but when we get money, our decisions on what to do with it are simply piss poor. There are other factors too. We always try to make people feel bad in our communities for wanting to get money or making money a priority. When my own mother asks me about having kids and I cite financial reasons as a reason for my decision to wait, she always says me and your father raised yall without much money or "money isn't everything." This is basically encouraging me as her son to make the same bad financial decision in regards to childbearing that she and my dad did. I love my mom but I learned from their situation as we all should.

I want even get into how we try to talk young sisters out of having abortions.
 
jsupop33 said:
No one disputes the impact of slavery. No one. I agree with TSUgirl though that at 1.1 trillion dollar buying power, we should be better off economically. We will never catch up with our counterparts because we started behind but when we get money, our decisions on what to do with it are simply piss poor. There are other factors too. We always try to make people feel bad in our communities for wanting to get money or making money a priority. When my own mother asks me about having kids and I cite financial reasons as a reason for my decision to wait, she always says me and your father raised yall without much money or "money isn't everything." This is basically encouraging me as her son to make the same bad financial decision in regards to childbearing that she and my dad did. I love my mom but I learned from their situation as we all should.

I want even get into how we try to talk young sisters out of having abortions.
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I hear you young man, but times have definitely changed. I'm sure your parents are figuring the cost to raise a child based upon when you and your siblings were children. Children of today are a lot more expensive than they were 30 years ago. But you haven't answer my question, which is, what will it take to wrestle economic wealth from those that have always had it?
 
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jsupop33 said:
Find services that the rich landowners are willing to pay for, offer them, and use the money to invest. Our ancestors started the first part right when they started the shoe shining business, homecleaning services, carwashes, dry cleaning services, etc... The problem was that we were savy with financial management so while our incomes began to increase,we did not use that money to create replenishing revenue streams and therefore, we never left the service industries. Now, the economy has shifted and those traditional industries don't provide adequate income.

However, they shouldn't limit themselves to focusing on transferring wealth from those people north of the lake. If a lot of the students have access to computers at school or if there are community centers which offer access to computers. I would suggest some people organize a webservice that allows people with lakes on the home to rent out rooms on their property to guests who are looking for a get away. You can get a website from godaddy for about $12 and hosting at Hostek for like $5 a month (with monthly building), use a free wordpress template to build the site and charge a service fee for rentals. I am not saying that works for everyone but finding little niches is good.

I got a friend who teaches inner city kids here in DC how to program afterschool for free. Some of his students are making over $100 an hour doing part-time programming work for large govt contractors in the region.
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That goes back to education, which is a factor in economic development. You cannot thrive or bring economic growth and maintain development without the education to do so.
 
96lioness said:
That goes back to education, which is a factor in economic development. You cannot thrive or bring economic growth and maintain development without the education to do so.
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oh, now that wasn't me. I never said u didn't need education.
 
jsupop33 said:
No one disputes the impact of slavery. No one. I agree with TSUgirl though that at 1.1 trillion dollar buying power, we should be better off economically. We will never catch up with our counterparts because we started behind but when we get money, our decisions on what to do with it are simply piss poor. There are other factors too. We always try to make people feel bad in our communities for wanting to get money or making money a priority. When my own mother asks me about having kids and I cite financial reasons as a reason for my decision to wait, she always says me and your father raised yall without much money or "money isn't everything." This is basically encouraging me as her son to make the same bad financial decision in regards to childbearing that she and my dad did. I love my mom but I learned from their situation as we all should.

I want even get into how we try to talk young sisters out of having abortions.
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Why talk them into abortion when you can talk to them about other forms of birth control (pills, shot, condoms, abstinence, IUD). A pack of condoms cost less than an abortion anyway and are more easily accessible. Killing a fetus is not the only answer to effective birth control.
 



96lioness said:
Why talk them into abortion when you can talk to them about other forms of birth control (pills, shot, condoms, abstinence, IUD). A pack of condoms cost less than an abortion anyway and are more easily accessible. Killing a fetus is not the only answer to effective birth control.
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:tup: That has worked for me for 40 plus years. I didn't want kids out of wedlock so therefore I made sure it was not gonna happen. I saw it as my responsibility not anyone's else. Plus my parents told us they would bet us to sleep and I believed them. :lol:
 
96lioness said:
That goes back to education, which is a factor in economic development. You cannot thrive or bring economic growth and maintain development without the education to do so.
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Like I told jsupop33, educating someone is easy, but actually empowering them by redistributing the wealth is not so easy. Southern Whites in this country fought a Civil War to maintain their wealth and control over Black people.
 
CEE DOG said:
:tup: That has worked for me for 40 plus years. I didn't want kids out of wedlock so therefore I made sure it was not gonna happen. I saw it as my responsibility not anyone's else. Plus my parents told us they would bet us to sleep and I believed them. :lol:
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Exactly! If you don't want children (men and women), take the necessary precautions to ensure you don't have them. At least with pills, IUDs, shots, condoms, abstinence you can prevent pregnancy (unwanted children), and don't for get about Plan B. Abortion (while it is a choice) doesn't allow you to prevent pregnancy; it only gives you the option to terminate that pregnancy.
 
96lioness said:
That goes back to education, which is a factor in economic development. You cannot thrive or bring economic growth and maintain development without the education to do so.
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I said that and I'll stand by it.

The US education system is designed to provide a stable workforce. It is not designed to make you wealthy. It is designed to provide employees for those people who live north of the lake. You are provided just enough pay to keep you from complaining and just enough to make sure you come back tomorrow.

When it comes to the ownership, control and successful management of land, businesses and investments, the value of a formal education is grossly overstated.

Yesterday, I saw an interesting article about The Richest Person in Every State in America.

If you look at that list of names, notice how many college dropouts there are. The richest guy in the state of Washington and the entire US - Bill Gates, college dropout. The richest guy in Texas - Michael Dell, college dropout. The richest guy in Louisiana - Tom Benson, didn't attend college. California? That would be Larry Ellison the head of Oracle. He dropped out of two colleges.

Education can help, and it did help many on the list, but it is not the critical determinant to their success. What ALL of those people on that list have in common is OWNERSHIP. They OWN something that provides value to a lot of people. They hire a lot of "educated" college graduates, but for some reason they are on the list of most wealthy and not those college graduates.

As I said, a formal education is overrated and not the key factor in determining financial success or failure.
 
SUJagFan said:
I said that and I'll stand by it.

The US education system is designed to provide a stable workforce. It is not designed to make you wealthy. It is designed to provide employees for those people who live north of the lake. You are provided just enough pay to keep you from complaining and just enough to make sure you come back tomorrow.

When it comes to the ownership, control and successful management of land, businesses and investments, the value of a formal education is grossly overstated.

Yesterday, I saw an interesting article about The Richest Person in Every State in America.

If you look at that list of names, notice how many college dropouts there are. The richest guy in the state of Washington and the entire US - Bill Gates, college dropout. The richest guy in Texas - Michael Dell, college dropout. The richest guy in Louisiana - Tom Benson, didn't attend college. California? That would be Larry Ellison the head of Oracle. He dropped out of two colleges.

Education can help, and it did help many on the list, but it is not the critical determinant to their success. What ALL of those people on that list have in common is OWNERSHIP. They OWN something that provides value to a lot of people. They hire a lot of "educated" college graduates, but for some reason they are on the list of most wealthy and not those college graduates.

As I said, a formal education is overrated and not the key factor in determining financial success or failure.
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Nothing wrong with standing by what you believe in. :). it's one of the things I like about you.

For myself, education is one of the two most important factors when it comes to earning and amassing wealth. I don't see it as being overrated; I believe without education, any aspect of the word, a person is limited and cannot fully understand and grasp the idea of the innovation required to become successful.

That's what believe and I stand by that.:)
 
96lioness said:
Nothing wrong with standing by what you believe in. :). it's one of the things I like about you.

For myself, education is one of the two most important factors when it comes to earning and amassing wealth. I don't see it as being overrated; I believe without education, any aspect of the word, a person is limited and cannot fully understand and grasp the idea of the innovation required to become successful.

That's what believe and I stand by that.:)
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I don't really have a problem with that. I can understand how education has helped many.

However, I still feel that the most important part of what you just stated - amassing wealth - is actually funding that 401K plan. Funding that IRA. Buying that rent house. Starting that business. Own something. See what I'm saying?

When that happens, the difference between us and a Larry Ellison or Warren Buffet is simply a matter of value provided and a matter of scale. It's not education. It's the "amassing" that's most important. That can be done with or without a formal education. That's the sort of thing that's not taught in school. Which should make us question the real purpose and value of our educations ... in my opinion.
 
CEE DOG said:
Bruh I can tell. I be like this lil girl got a old man wishing for younger days!!! :lol: Man it is something about smart sisters that get me riled up. :lol: That is why I loves me some CT. She is smart and sassy. I would man ole man to ole CT. :sperm:
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You and Pop are a mess LOL but thanks for the compliment Mr. Cee Dog :swink:
 
jsupop33 said:
Develop sustainable industries south of the river that attracts revenue from outside of Lake Providence.
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What changes could made on a federal level that could make that happen? The federal government has the ability to lure or attract businesses into a particular area.
 
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