His opening statements sum up everythingColored people have forgotten more

His opening statements sum up everythingcolored

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black people however have to be painfully aware of white history, culture, and reality. His opening statements sum up everything—“Colored people have forgotten more about racism since yesterday’s breakfast than I will ever know.”The thought that our society is now color-blind is very problematic. We neither live in a society where color holds no force nor should we completely dismiss how race affects and has affected our society and institutional policies. FHA housing policies and federally funded development projects of the past aided in creating differences in wealth between whites and blacks that have lasted over time, for example. Policies like the GI Bill of the 1950’s following WWII, which provided GI’s with access to loans, education, and housing upon their return was only extended to white male GI’s. The G.I. Bill had a strikingly different effect on educational realization for black and white veterans after the war. The G.I. Bill for the million African-American vets presented the possibility of reducing the black-white gap through educational gains, instead, the G.I. Bill rather intensified the economic and educational disparities already present. Aspects of life that were simplified for white vets were simply made more difficult for blacks. These FHA policies effectively grouped race and economic status. For people of color, policies like these left them destined for poorness. Poverty is state of being extremely poor. Generally speaking, those in poverty struggle to acquire income, let alone wealth and assets. If you don’t have assets and accumulated wealth, you live very insecurely as you could be one paycheck away from having nothing left. This institutional policy swiftly reproduces inequality and oppression between whites and people of color. According to Tim Wise, white privilege lead to the modern average white family having twelve times the net worth of blacks, and eight times that of Latino families. In Transformative Assets, the
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