real talk - this happened a few years ago so it's always nice to see it resurface. The one time I actually really enjoy reading the comments ššš Thanks for the share and the shine @AmandaScottTV !!
As we close out #BlackHistoryMonth, letās make sure our voices are heard loud and clear by going to https://t.co/cBTTn9yuTH and helping our friends and family get registered and ready to vote.
After a lifetime of reaching for the stars, today, Katherine Johnson landed among them. She spent decades as a hidden figure, breaking barriers behind the scenes. But by the end of her life, she had become a hero to millionsāincluding Michelle and me. pic.twitter.com/isG29nwBiB
From 2015, President @BarackObama says Katherine Johnson "was a pioneer who broke the barriers of race and gender, showing generations of young people that everyone can excel in math and science, and reach for the stars." RIP. pic.twitter.com/s05hgjKpMK
First of all, of you live in a home in a black neighborhood, itās worth, on average, $48,000 less than an identical home in an identical white neighborhood.
Part of this is because of the history of redlining and itās partly because white people just donāt want to live around us
But, for the sake of argument, letās say that all things are equal. Simply because you are awhite homeowner, you now have $48,000 in equity that a black homeowner doesnāt have.
We know that schools are funded by property taxes. So, if youāre white, your kids get to go to a better school. This has nothing to do with your āinvestments.ā Itās white privileged.
But letās get back to home ownership. When those white kids got a chance to go to college, their parents could use that $48,000 in equity to pay for college while black students had to take out loans.
They created a profile of a student. 24 yrs old, recent college grad making $50,000 per year. The only difference was that they went to different institutions. They went ONLINE to refinance their loans
The study found that kids who went to majority black schools were charged higher rates than any other groupāeven though their credit, income, jones etc were IDENTICAL.
So now youāre a black college grad with more debt than a white student. Regardless of what you do, if youāre black, itās impossible to avoid. So, what happens?
Now car lenders might say that blacks have lower credit scores but we know why that is. Instead of looking at payment history and income, they compound the problem.
In 2018, congress eased rules making it easier for car lenders to discriminate
So you have a car, an education and you want to buy a home.
In 2018, @reveal did a study. They didnāt look at a group@of black borrowers v whites. They essentially looked at the govt data from every mortgage over a decadeā31 million loans
Add that with double the unemployment rate, fewer educational resources, higher car insurance rates and tithes and offering, you see that black peopleās lack@of upward mobility has nothing to do@with buying Jordans and sipping Hennessy (although Hennessy is, objectively trash)
Happy birthday to one of my heroes ā someone who believed our right to vote was more important than his own life. Thanks for making good trouble for 80 years, @repjohnlewis. pic.twitter.com/LqMuvmpbLp
Even if the methods are new, sowing the seeds of doubt, division, and discord to turn Americans against each other is an old trick. The antidote is citizenship: to get engaged, organized, mobilized, and to vote - on every level, in every election. https://t.co/yOvaCZYtrW
The Obama Diary 
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