[lbo-talk] A $95, 000 question: why are whites five times richer than blacks in theUS?

[Andy]

On Tue, May 18, 2010 at 10:31 PM, shag carpet bomb <shag at cleandraws.com> wrote:
>
> isn't it really as simple as: your grandma bought a house for 10k and
> it is now worth $500k, when you sell it after her death. your mom and
> day had a similar dealio, socking away 500k after they sold it. plus,
> they had their savings and the life insurance policies.
>
> now, you "inherit" "wealth".

Or just getting the down payment for a house, education paid for, or
even a car.  That'll bend somebody's outlook like a black hole.

-- 
Andy