posted
After being the Forbes World's Highest paid Athlete for the last 4 years Floyd Mayweather retired after rejecting two super 9 figure offers for 2 year contract extensions.
Will he be back? As sure as money is green.
Mayweather and his side kick Justin Bieber flew to Bora-Bora in Mayweather's new Jet and chilled while counting a little pocket money.
posted
He can afford to pay experts to spell it for him.......for the rest of his life.
Posts: 2818 | From: new york | Registered: Apr 2014
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posted
LOL, that's a question jealous white people usually ask.
Someone had to sign that $120M check from Showtime and all those $20M residual checks he receives. He can sell just one of those cars above to hire 10 English, Russian, Spanish, French, Chinese, Japanese, German, Swiss teachers for 10 years.
His manager/advisor, Al Haymon, is a Harvard grad with his PhD in economics. 8 years ago Haymon setup a interest earning trust for Mayweather that guarantees him a lifetime income of $15M/annual, or a little over a million dollars a month.
It's nice to see a black man earning millions from his ability and business acumen rather then at the expense of his own people's pain.
Posts: 4693 | From: Saturn | Registered: Apr 2012
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posted
1. Money aint everything, but it is very very important. All problems that can be solved or ameliorted with money are solved or ameliorated.
2. See 1.
3. He is an excellent role model for everyone....Black youth included.
Top of his profession, perfect record, physicallt fit, financially savvy, a man's man, has a passport and uses it., associates with other high achievers not losers, appears to have intellectual curiosity - Bora Bora is not your average vacay spot.
-------------------- Keldal Posts: 2818 | From: new york | Registered: Apr 2014
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posted
To put Floyd Mayweather's success in perspective you have to understand the history. Floyd Mayweather is a boxing prodigy. His father, Floyd Mayweather Sr., and his Uncle, Jeff Mayweather were both professional prize fighters (Boxers) at the highest level of the sport. Floyd Mayweather Sr. Fought Sugar Ray Leonard for the welterweight title.
Floyd Mayweather Sr. taught is son to box at the early age of 5. Since he was 5 years old Floyd Mayweather Jr. was in the gym learning how to box from his father and uncle. He achieved very good amateur boxing status and was doing well up until US President's Ronald Reagan and George Bush implemented the program to kill black momentum in the US by importing tons of cocaine from South America and flooding all major US cities with cheap crack cocaine.
Both of Floyd Mayweather's mentor and closest relatives, his father and uncle were soon victims of crack cocaine. They both became addicts and soon after Floyd Mayweather was separated from his father when his father was convicted of a felony and went to jail for 8 years.
So, Floyd Jr., like many of today's young black boys, lost both his mother and father, and his uncle to the crack wars.
Now both his father and uncle are straight and no longer users. They both are still a major part of Mayweather's life as trainers in the Mayweather Promotions company, a company that both manages and trains young boxers.
I expect in a year or two that a major annocement will be made that former Golden Boy Promotions CEO, Richard Schaefer is joining Mayweather Promotions, and along with the Mayweathers, Super Manager/Advisor Al Haymon and his stable of over 150 of the sport's top boxers are uniting to create the world's largest boxing promotion company; Mayweather Promotions.
This new sports entity will have contracts with HBO, Showtime, NBC, CB< ESPN, SpikeTV, Fox sports and BoostTV, all owned and managed by a team of influential black men.
-------------------- Selenium gives real life and true reality Posts: 4693 | From: Saturn | Registered: Apr 2012
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quote:Originally posted by kdolo: 1. Money aint everything, but it is very very important. All problems that can be solved or ameliorted with money are solved or ameliorated.
2. See 1.
3. He is an excellent role model for everyone....Black youth included.
Top of his profession, perfect record, physicallt fit, financially savvy, a man's man, has a passport and uses it., associates with other high achievers not losers, appears to have intellectual curiosity - Bora Bora is not your average vacay spot.
If money solves all your life problems for you, then you really have no life. I will leave that there.
Good role model? Because he is a successful entertainer? And because he splurges on current symbols of material waste? .... Ok.
What about social consciousness? What race awareness? What about spirituality?
Does he know where he comes from and where he is going?
Or is he just a lucky thug?
Posts: 7419 | From: North America | Registered: Mar 2009
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posted
Yes, he is a fantastic role model for AA youths:
Read:
In 2002 he pleaded guilty to two counts of domestic violence; in 2004 he was found guilty of assaulting two women in a Las Vegas night club; and in December 2011 he was sentenced to 90 days in prison for battery upon his ex-girlfriend.
In March of this year Mayweather was seen gyrating his hips in the face of the wife of Cornelius Bundrage as Bundrage fought a Mayweather-affiliated fighter, Ishe Smith. Mayweather was wearing a cap that read: "Money. Power. Respect." Proof that the first two don't necessarily add up to the third.
posted
1."If money solves all your life problems for you, then you really have no life. I will leave that there."
Re-read what I said. You obviously didnt understand it.
2.'Good role model? Because he is a successful entertainer? And because he splurges on current symbols of material waste? .... Ok.'
Yes. Success is difficult to achieve in any area of life. It requires tremendous discipline and sacrifice....(clearly 'success' is nothing you know anything about.) - splurge ?? And you dont buy luxury items ??? You buy an iphone and go to Starbucks - Floyd buys a Lambo and goes to Bora Bora big deal. What he does with his money is his business. He employs more peopke han u ever will, and makes more money fornmore people than u ever will.
3.'What about social consciousness? What race awareness? What about spirituality? Does he know where he comes from and where he is going? Or is he just a lucky thug?'
Race awareness ? He promotes his own fights in conjunction with Golden Boy owned by the Mexican De la Hoya. Blacks and mexicans getting the lion share of the money from a historically white and jew controlled business....Floysd's model is ground breaking and has changed boxing forever. Social consciousness ...see 2. More people eat and love independent lives because of him than you will ever match...
....'lucky thug'... interesting choice of words. His success has very little to do with luck...a life time of high level trainind, discipline and focus. Plus a decent level of intelligence. He has least learned that the big money in is the promotion and that many boxers die broke.....that wont ever happen to him.
Iron has exposed himself as a butthurt white boy.
Posts: 2818 | From: new york | Registered: Apr 2014
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quote:Originally posted by IronLion: Has he learned how to spell his name now?
Floyd is literate stop falling for the white Media lies and 50 Cent's trolling...
Lies? Do you have comprehension challenge?
quote:
Over Instagram, 50 Cent posted a video clip challenging the athlete. "This is a special ASL-ELS challenge for you, Floyd. If you can read one whole page of a Harry Potter book, I'll give $750,000 to whatever charitable organization you choose."
To add insult to injury, on Friday morning, Power 105 DJ, Charlamagne Tha God, released an embarrassing recording of the boxer struggling to read a few simple sentences. The 37-year-old sounded completely out of his element as he tried to to read a radio "drop" between segments on WWPR (105.1 FM).
The audio clip begins with: "I'm Floyd Mayweather," and he stumbled for a few minutes. He found the line "movement to support hiring vets" specifically trying.
Explaining the decision of the station to release the clip, Charlamagne says, as quoted by HuffPost, "I got nothing but respect for Floyd Mayweather. He's the greatest defensive fighter of all time, but I got a show to do," said the DJ. "I gotta sell tickets too, baby. Just like he likes to put on a show, I like to put on a show to. This is for our listeners' benefit."
posted
1.'In 2002 he pleaded guilty to two counts of domestic violence; in 2004 he was found guilty of assaulting two women in a Las Vegas night club; and in December 2011 he was sentenced to 90 days in prison for battery upon his ex-girlfriend. '
This is a good thing not bad. It means he doesnt take **** from rude women who dont know how to behave. If you know anything about the American legal system you know that 'domestic violence' is a ruse to extort money from men, emasculate them, a encourage women to reek havoc on family life and domestic tranquility. He clearly does not kiss feminazi backside....we need more men just like him.
2.'In March of this year Mayweather was seen gyrating his hips in the face of the wife of Cornelius Bundrage as Bundrage fought a Mayweather-affiliated fighter, Ishe Smith. Mayweather was wearing a cap that read: "Money. Power. Respect." Proof that the first two don't necessarily add up to the third. '
This is excellent showmanship. If you knew anything about boxing, you woyld known that these types of antics are commonly used to build controversy which leads to increased ticket sales and more mobey for everyone. For all you know, the guy and his wife may have been in on it......it will make any rematch more profitable.
Mayweather makes his money on being the guy everyone wants to see fail.....
Looks like he's got u hooked too.
-------------------- Keldal Posts: 2818 | From: new york | Registered: Apr 2014
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posted
'The audio clip begins with: "I'm Floyd Mayweather," and he stumbled for a few minutes. He found the line "movement to support hiring vets" specifically trying.'
And. ???
Bad reader?? Dyslexic or other learning disability ??
Your point ??
He obviously can afford to hire the best readers around to read his contracts !
If i remeber correctly he instagrammed 50 cent a copy of one of his promotion checks from DeLa Hoya....some 40 odd million !
-------------------- Keldal Posts: 2818 | From: new york | Registered: Apr 2014
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quote:Originally posted by kdolo: 1.'In 2002 he pleaded guilty to two counts of domestic violence; in 2004 he was found guilty of assaulting two women in a Las Vegas night club; and in December 2011 he was sentenced to 90 days in prison for battery upon his ex-girlfriend. '
This is a good thing not bad. It means he doesnt take **** from rude women who dont know how to behave. If you know anything about the American legal system you know that 'domestic violence' is a ruse to extort money from men, emasculate them, a encourage women to reek havoc on family life and domestic tranquility. He clearly does not kiss feminazi backside....we need more men just like him.
2.'In March of this year Mayweather was seen gyrating his hips in the face of the wife of Cornelius Bundrage as Bundrage fought a Mayweather-affiliated fighter, Ishe Smith. Mayweather was wearing a cap that read: "Money. Power. Respect." Proof that the first two don't necessarily add up to the third. '
This is excellent showmanship. Blah blah blah......it will make any rematch more profitable.
Mayweather makes his money on being the guy everyone wants to see fail.....
Looks like he's got u hooked too.
You would peddle your sister's punnany for money, the way you worship money changers, nah? Posts: 7419 | From: North America | Registered: Mar 2009
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quote:Originally posted by kdolo: 'The audio clip begins with: "I'm Floyd Mayweather," and he stumbled for a few minutes. He found the line "movement to support hiring vets" specifically trying.'
And. ???
Bad reader?? Dyslexic or other learning disability ??
Your point ??
...
His best friend 50 cents already told you he is illiterate, not dyslexic.
My point is that he could be a great example to the lost Negros of the AA communities across the United States if only he would go learn how to read.
He will lose all his money eventually, if he don't go sharpen up. Many unschooled entertainers have ended up the same way too...
Posts: 7419 | From: North America | Registered: Mar 2009
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quote:Originally posted by kdolo: Ironlion exposed.
This is the same idiotic Kodolo who insults Africans everyday like a race baiter.... spluttering with rage because I exposed the truth about his favorite entertainer.
For your information, George Foreman cursed him, the female Ali cursed him, my boy Tyson calls him the nastiest little man ever seen in the ring...
Posts: 7419 | From: North America | Registered: Mar 2009
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posted
If you've been following Mayweather's antics throughout his career, it's going to be very hard to make the case that he's a great role model. To his credit, I don't think he sees or advertises himself as such, at least not in the traditional sense, but trying to make him out to be one says more about how low your standards are for picking great men.
Others would pick a Booker T Washington, or a Toussaint Louverture, you pick a Mayweather or a rapper/entertainer. SMH.
Posts: 8785 | From: Discovery Channel's Mythbusters | Registered: Dec 2009
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When he starts talking you're thinking, ok, I may need to perk my ears, he's going to say something epic/inspirational... the man's last post-fight interview. Then he starts blowing his own horn as usual.
Posts: 8785 | From: Discovery Channel's Mythbusters | Registered: Dec 2009
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And as for Mayweather, in case you missed it, early Saturday the boxer responded to 50 Cent and all the people making light of whether or not he can read with a picture of just two checks from his recent fights and videos of his many cars and wealth....
posted
Floyd Mayweather's closest associate; Al Haymon
Say what you will about Mayweather, but you have to respect the people Floyd surrounds himself with.
Floyd Mayweather's business partner, manager and financial advisor, Al Haymon used to be the largest Soul, Hip-Hop Music Promoter around, but now he controls the boxing promotion biz. No one knows Al Haymon's actual net worth, but every month he takes 10-15% of the cut from a half dozen or more of his over 150 top boxing contenders.
Behind the Scenes, Haymon Is Shaking Up the Fight Game
As the chief architect of the career of Mayweather, perhaps the most prominent fighter since Mike Tyson, this man ranks among boxing’s most powerful figures. He also stands between Mayweather and a blockbuster fight with Manny Pacquiao.
From behind the curtain, he watched as Mayweather called his sizable entourage onstage, thanking bodyguards, assistants and assistants to assistants. “Where’s Al Haymon?” Mayweather said as he scanned the audience, his question a familiar one.
Mayweather shrugged. “Al Haymon would never come up here,” he added. “Al Haymon is the Ghost.”
These are the Haymon basics: Harvard-educated; successful in live concert promotion, then television production, now boxing; extensive list of celebrity clients; a brother, Bobby, who once fought Sugar Ray Leonard; no office, no answering machine, no photographs, no interviews.
“Think of Al as the Wizard of Oz,” said Phil Casey, one longtime partner in the music business. “It’s best not to try and figure him out.”
posted
Swenet, ' but trying to make him out to be one says more about how low your standards are for picking great men. Others would pick a Booker T Washington, or a Toussaint Louverture, you pick a Mayweather or a rapper/entertainer. SMH.'
A person is a role model or isnt based on attributes and actions. So, lets analyze Mayweather shall we ?
Mayweather:
1.Undefeated in his chosen profession -Perfection. 49-0 2.Arguably the best ever at his profession. 3. The most financially successful at his profession ever. (Est. 300mil+) 4. The most business saavy of his profession ever - promotes his own. 5. Retired young and healthy in a field where most dont or cant. 6. Built the business as a family business with his father and uncle.
Are you trying to say that this man is not a role model to young Black men and people im general ??? If so, then u are delusional.
Is your mind so small that it can only fit 2 role models - Toussain and Booker T ?
-------------------- Keldal Posts: 2818 | From: new york | Registered: Apr 2014
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You have exposed. But I see that you are a glutton for punishment.
"On a side note, Mayweather has stated in the past that he dropped out of high school to focus on boxing in order to take care of his mother and family"
And your point ??
1. He made an excellent choice. School is not for everyone. In times past, young men who where not academically oriented were sent to learn a trade. This is essentially what Floyd did. Kudos to him and his family for not wasting precious resources that could go to someone more academically oriented.
I am sure many young Black men would also avail themselves of the opportunity to learn a trade, alas most schools have rid themselves of trade programs, thereby forcing kids who have neither the interest nor ability for higher ed into an uncomfortable spot. Too bad most dont have fathers like Mayweather who can guide their choices in a constructive direction.
Furthermore, he was in highschool, therefore one can assume he can read and write - proficiency is a quesion tho.
(Im Still waiting for the multicolored cougars)
-------------------- Keldal Posts: 2818 | From: new york | Registered: Apr 2014
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quote:Originally posted by kdolo: blah..blah..blah...
"On a side note, Mayweather has stated in the past that he dropped out of high school to focus on boxing in order to take care of his mother and family"
And your point ??
blah..blah..blah..
If you don't see my point then you need to return to highschool yourself.
Laila Ali sees my point, so does Tyson, so does Fifty, so does Foreman, so does any reasonable black man not into selling his sisters for money... or disrespecting them without remorse.
I know Narmer to be a well educated black man. He gets my point from his last posting. His focus is now on the company Floyd keeps.
But you? Well negro, you can take a kid out of the ghetto but you cannot take the ghetto out of the child...
LMAO Posts: 7419 | From: North America | Registered: Mar 2009
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quote:Originally posted by kdolo: Swenet, ' but trying to make him out to be one says more about how low your standards are for picking great men. Others would pick a Booker T Washington, or a Toussaint Louverture, you pick a Mayweather or a rapper/entertainer. SMH.'
A person is a role model or isnt based on attributes and actions. So, lets analyze Mayweather shall we ?
Mayweather:
1.Undefeated in his chosen profession -Perfection. 49-0 2.Arguably the best ever at his profession. 3. The most financially successful at his profession ever. (Est. 300mil+) 4. The most business saavy of his profession ever - promotes his own. 5. Retired young and healthy in a field where most dont or cant. 6. Built the business as a family business with his father and uncle.
Are you trying to say that this man is not a role model to young Black men and people im general ??? If so, then u are delusional.
Is your mind so small that it can only fit 2 role models - Toussain and Booker T ?
I don't know how much of his success May has to thank himself for, beyond his unrivaled boxing talent, today. May's income clearly isn't proportional to his skills (he isn't light years ahead of other boxers as one might think by looking at his earnings), so there is more to what you're parading here. Was he pushing the buttons, orchestrating things and making the business decisions behind the scenes? I don't know. Do you? When I listen to how his deal with 50 went sour, I suspect not, but I may be wrong.
Either way, boxers like Adrien Broner and Mayweather aren't great men. What I will give May is that he is skilled at what he does and his impeccable boxing record + the amount of people who secretly wanted to see him face down on the canvas, made him very marketable. Mayweather could have been more of a "people's champ" if he wanted to. All it would have taken is a couple of tweaks here and there and more respect for his image and people.
My advice to you is stop seeing entertainers automatically as great men. Have higher standards.
Posts: 8785 | From: Discovery Channel's Mythbusters | Registered: Dec 2009
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posted
Name five typical athletes and rappers who are truly great men. When I look at most of them I think of people I know from around my old neighborhood, only thing different is their big bank account. Nothing wrong with that in itself, but don't make them out to be something they're not.
Posts: 8785 | From: Discovery Channel's Mythbusters | Registered: Dec 2009
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quote:Originally posted by kdolo: 'If you don't see my point then you need to return to highschool yourself.'
...
I don't like liars.
First you claimed he could read and I was lying, then when I exposed your pink ass you declared he had dyslexia, then I showed you he is just a high school drop out then you claimed its just proficiency...
That is being downright stupid and/or disingenuous.
I have no time for dumbass fools who worship celebrities.
MUURZ
quote:"There have been times I’ve wanted to reach out to [Floyd] and have a conversation with him, because I see a little boy even though he’s a grown man," she said. "And I see a broken person. And I know when you have money and you have power and you have all these 'yes' people around you, sometimes you don’t have that person to pull you aside and give it to you straight."
The unbeaten Ali, who scored knockouts in 21 of her 24 pro victories, added: "I don’t hate him. I dislike the way that he acts. I dislike the way that he treats people. And obviously, I’m definitely not down with this beating on women because that’s very cowardly ... He needs somebody to reach out to him and guide him.”
Mike Tyson didn't pull any punches in bringing Floyd Mayweather down to size.
Ahead of Mayweather's Saturday megafight against Manny Pacquiao, Tyson was asked by the Undisputed Champion Network about Mayweather recently claiming he was better than Muhammad Ali. Tyson didn't duck the question.
"He's very delusional," the former heavyweight champ said. "Listen, if he was anywhere near that realm of greatness with Ali, he'd be able to take his kids to school by himself. He can't take his kids to school by himself, and he’s talking about he's great? Greatness is not guarding yourself from the people, greatness is being accepted by the people. He can’t take his kids alone to school by himself."
Then, his parting shot: "He's a little, scared man. He's a very small, scared man."
Of course, Ali had his say earlier.
Posts: 7419 | From: North America | Registered: Mar 2009
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quote:Originally posted by IronLion: Like many Americans, you believe that money is everything.
Money cannot save your life on your day of reckoning.
Truth be told, hez not a good role model for black youths.
The Racial Wealth Gap: Why A Typical White Household Has 16 Times The Wealth Of A Black One
See the related story: “10 Proposals For Eliminating The Racial Wealth Gap.”
The United States is becoming much more racially and ethnically diverse. At the same time, it’s becoming more unequal in terms of wealth and income. These two trends are combining in an uncomfortable way: the wealth and income divide is happening along racial and ethnic lines.
The typical black household now has just 6% of the wealth of the typical white household; the typical Latino household has just 8%, according to a recent study called The Racial Wealth Gap: Why Policy Matters, by Demos, a public policy organization promoting democracy and equality, and the Institute on Assets and Social Policy.
In absolute terms, the median white household had $111,146 in wealth holdings in 2011, compared to $7,113 for the median black household and $8,348 for the median Latino household. (All figures come from the U.S. Census Bureau Survey of Income and Program Participation.)
This is what is called the racial wealth gap.
While the disparity might seem only to be a problem for the economically disadvantaged families of color, it actually worsens political and economic outcomes for the entire country.
Huge subsets of the population are excluded from accessing the avenues toward wealth,” says Catherine Ruetschlin, senior policy analyst for Demos and a co-author of the report, “and that is a problem for political stability. But it’s also a problem for economic stability. As we’ve seen in reports from big international finance organizations like the [International Monetary Fund] or World Economic Forum, increasing inequality is a source of increasing volatility, and wealth inequality means, when the economy hits a volatile patch, people don’t have the resources to withstand those shocks.” That, in turn, makes the economy more volatile, says Ruetschlin.
While not every family can be expected to become wealthy in the jet-setting, Wolf-of-Wall-Street manner, every family needs some amount of wealth for economic security. The racial wealth gap means families of color may not be able to give young members of their households gifts to invest in their future, similar to what their white friends are likely to receive.
(The study did not include households of other races or ethnic groups, such as Asian, Native American, Caribbean, Mexican, African, Middle Eastern, Southeast Asian, because the populations are too small to produce statistically significant results.)
Federal policies also reinforce the wealth gap, as many of them largely result in increasing the wealth of those who already have it.
Here are the three main factors driving the income gap between white households and black and Hispanic ones.
1. Homeownership
For most U.S. families, a home usually comprises the largest portion of their assets.
“Homeownesrhip is the central vehicle Americans use to store wealth, so homeownership and access to homeownership are at the heart of that widening wealth gap,” says Ruetschlin.
But disparities in homeownership fall along racial and ethnic lines. Seventy-three percent of whites own a home, compared to 47% of Latinos and 45% of blacks.
The median white homeowner’s house is worth $85,800 compared to $50,000 for black homeowners and $48,000 for Latino homeowners.
Much of that disparity comes from the gap in the home values in white neighborhoods versus the neighborhoods where people of color live. The roots of the gulf stem at least as far back as the 1934 National Housing Act, which redlined black neighborhoods, marking them as credit risks. Though redlining was outlawed in the ’60s, the effect persists today in the form of neighborhoods, consisting mostly of people of color, that have high poverty rates, low home values and declining infrastructure.
Discriminatory lending also exists today: Mortgages obtained by households of color tend to have higher interest rates. Even as recently as 2012, Wells Fargo admitted it had steered black and Latino households into subprime mortgages but had offered white borrowers with similar credit profiles prime mortgages.
Education
A college education is all but required to flourish in the labor market, establish financial stability and build wealth. But the gap in college attainment by whites versus blacks and Latinos has widened over the last decade. In 2011, 34% of whites completed a four-year college degree, whereas just 20% of blacks and 13% of Hispanics did.
One obstacle is the surge in college costs over recent years, forcing households to take on significant debt to send student to college.
But obtaining a bachelor’s isn’t enough for a black or Hispanic person to escape the racial wealth gap. The return on investment in college is much higher for whites than for blacks and Hispanics: A white family at the median sees a return of $55,869 from completing a four-year degree. A black family sees $4,846 and an Hispanic family $4,191.
Contributing factors to this disparity are the higher debt students of color may need to take on to attend college and discrimination in the workplace. “Even if you graduate from college, as a black college graduate, you’re faced with discrimination. So you might have done everything right, achieved the skills you need to succeed, but you won’t see a higher return. The other issue with education is that black college graduates come out with higher debt levels so they start out behind in terms of asset building,” says Ruetschlin.
Less obvious factors have historical roots in prohibitions against teaching slaves to read and the practice of “separate but equal” educational facilities. They continue to matter because parents’ educational level and family income and wealth are strong predictors of children’s educational success.
Another cause is related to homeownership disparities: residential segregation keeps black and Hispanic families in school districts with low-quality, under-resourced schools, which can then influence students’ preparedness for college.
Labor Markets
Labor markets can provide economic security through earned income, employer-provided health coverage, paid leave and workplace retirement plans. But inequality in the labor market is responsible for 20% of the growth in the racial wealth gap in the last 25 years, and unemployment another 9%.
Disparate outcomes in the labor market can come from employment discrimination, geographic barriers to jobs and differing levels of social capital.
The typical white family earns $50,400, while the typical black family earns $32,038, and the typical Latino family, $36,840.
“In the labor market, the wealth return to a dollar of income is first determined by how much of that income you have the opportunity to save,” says Ruetschlin. “If you are facing a wealth gap of 80 cents for every dollar a white family makes, that makes you 20% less able to put that dollar into savings, because you may need all of those dollars to fill your consumption needs.”
Additionally, black and Latino families earn a lower return on their incomes, meaning they are less able to turn each additional dollar of income into wealth. A white family will typically see a return of $19.51 for each dollar earned, while a black family will see only $4,80 in return and Latino families $3.63.
Causes include the fact that blacks and Latinos are less likely to have jobs that include employer-sponsored health care, a retirement plan or paid time off. The net result is that families of color spend more of their savings on dealing with life’s emergencies such as out-of-pocket health care. Or, they have fewer wealth-building vehicles, such as tax-advantaged accounts, available to them.
Other factors stem back to homeownership and education: A child whose parents were steered into a low-income neighborhood with a low-quality school has decreased chances of obtaining a four-year degree, which also then cuts off future job opportunities. Additionally, although it is illegal, discrimination on the basis of race or national original endures, whether unconsciously or overtly.
Update 2:55pm Eastern Time, Thursday March 26, 2015: The article has been updated to reflect that the study focused on white, black and Hispanic households and excluded other races and ethnic groups because their populations are too small to produce statistically significant results.
quote:Originally posted by kdolo: ... Iron has exposed himself as a butthurt white boy.
LOL!
The day Floyd learns how to read, he will be my hero. It is still not too late...
Until then, you can apply to his company to employ your jobless loser ass as his reader and writer...
You sound like you could use some money yourself
He may not read letters very well, but he is excellent at reading the body language of his opponents.
However, it sad he could not read children's stories for his kids. He missed out on that.
Posts: 22234 | From: האם אינכם כילדי הכרית אלי בני ישראל | Registered: Nov 2010
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quote:Originally posted by IronLion: Has he learned how to spell his name now?
Floyd is literate stop falling for the white Media lies and 50 Cent's trolling...
Lies? Do you have comprehension challenge?
quote:
Over Instagram, 50 Cent posted a video clip challenging the athlete. "This is a special ASL-ELS challenge for you, Floyd. If you can read one whole page of a Harry Potter book, I'll give $750,000 to whatever charitable organization you choose."
To add insult to injury, on Friday morning, Power 105 DJ, Charlamagne Tha God, released an embarrassing recording of the boxer struggling to read a few simple sentences. The 37-year-old sounded completely out of his element as he tried to to read a radio "drop" between segments on WWPR (105.1 FM).
The audio clip begins with: "I'm Floyd Mayweather," and he stumbled for a few minutes. He found the line "movement to support hiring vets" specifically trying.
Explaining the decision of the station to release the clip, Charlamagne says, as quoted by HuffPost, "I got nothing but respect for Floyd Mayweather. He's the greatest defensive fighter of all time, but I got a show to do," said the DJ. "I gotta sell tickets too, baby. Just like he likes to put on a show, I like to put on a show to. This is for our listeners' benefit."
This probably explains why 50 is being trolled/ sued all the time.
Posts: 22234 | From: האם אינכם כילדי הכרית אלי בני ישראל | Registered: Nov 2010
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quote:Originally posted by kdolo: 'The audio clip begins with: "I'm Floyd Mayweather," and he stumbled for a few minutes. He found the line "movement to support hiring vets" specifically trying.'
And. ???
Bad reader?? Dyslexic or other learning disability ??
Your point ??
...
His best friend 50 cents already told you he is illiterate, not dyslexic.
My point is that he could be a great example to the lost Negros of the AA communities across the United States if only he would go learn how to read.
He will lose all his money eventually, if he don't go sharpen up. Many unschooled entertainers have ended up the same way too...
You do have a point there.
Posts: 22234 | From: האם אינכם כילדי הכרית אלי בני ישראל | Registered: Nov 2010
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quote:Originally posted by Troll Patrol # Ish Gebor:
quote:Originally posted by IronLion:
quote:Originally posted by kdolo: 'The audio clip begins with: "I'm Floyd Mayweather," and he stumbled for a few minutes. He found the line "movement to support hiring vets" specifically trying.'
And. ???
Bad reader?? Dyslexic or other learning disability ??
Your point ??
...
His best friend 50 cents already told you he is illiterate, not dyslexic.
My point is that he could be a great example to the lost Negros of the AA communities across the United States if only he would go learn how to read.
He will lose all his money eventually, if he don't go sharpen up. Many unschooled entertainers have ended up the same way too...
You do have a point there.
Wrong answer.
50cents is far dumber than Mayweather and has no business acumen. None. 50 cents is so stupid, he started a boxing promotion company and in less than a year alienated the sport's number 1 PPV star, the #1 promoter, and HBO/Showtime. Why? Because 50cents is far more stupid than Mayweather and Jay-Z.
Mayweather Promotions is run by Al Haymon, a Harvard trained Economics MBA. Roc Nation Sports is run by Michael Yormark.
So, you can easily see why 50cents will probably be worth 50cents pretty soon and why he blames Mayweather for his company's demise.
Meanwhile, Mayweather just rolls on...
Warren Buffett Has Joined 'The Money Team'
Professional boxer Floyd "Money" Mayweather sent out a tweet on Tuesday night showing him and Warren Buffett squaring off in a prefight hype photo.
Another tweet announced "Warren Buffett the 66.9 Billion dollar man joins The Money Team," referring to his company and brand.
The TMT cap Buffet is sporting is a part of why Mayweather's website alone generates over $1M in sales per year. $1M in caps and sports shirts ain't bad. Can you spell, TMT?
Posts: 4693 | From: Saturn | Registered: Apr 2012
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Fiddy may be dumb, but atleast Fiddy can read and write and he managed to get his GED.
Admit it, May-boy is a virgin-pure illiterate! and he doesn't have to be. Those millions can get him some really good prof to take his reading skills beyond kindergarten level.
For a boy with his media profile, he is not a good example to millions of black youths who may not be so lucky as to be the next stars of the boxing minstrel shows.
Education is the foundation of a nation.
Many a times, character is worth more than money!
-------------------- Lionz Posts: 7419 | From: North America | Registered: Mar 2009
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posted
Don't be so narrow minded. Mayweather is a boxer. A sport where you hit opponents in the head and face, and they do the same to you.
Read the life of Jack Johnson in 1920s. You will see that white people couldn't beat him, so they emphasised his lack of education.
See Muhammad Ali, who the Army listed as having an IQ too low for enlistment. Then they couldn't beat him and lowered the standard just to hem him up with military service. What educated Negro who could read several languages accomplished even half of what Ali did?
There are professional boxers with college degrees. Which of them has accomplished 1/10th of what Mayweather has? Boxer are fighters, not rocket scientists.
Posts: 4693 | From: Saturn | Registered: Apr 2012
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Ali was smart, a cultural hero, and a positive example for youths, a true inspiration.
Ali could read and write.
May-boy cannot, from laziness.
Maymay is ignorant, crude, crass, materialistic, gang banger, and an advertising icon for American mindless consumerism. Luxury cars, showing off dollar bills, bling-bling, designers, Bora-bora, who gives a ****? Good for him and his family, but who gives a flying ****?
We are in deep hole as a people and it is anti-heros like Maymay and little Wayne that I should pay attention to?
The harshest critics of Maymay are not white ppeople. Ali dumped on him, Laila Ali dumped on him, Mike Tyson trashed him, Fiddy dumped on him, the two black women he has been terrorising dumped on him...
Pleassssse! Throw junk where it belongs...
Posts: 7419 | From: North America | Registered: Mar 2009
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The media mass propagated low IQ claims against Ali just like that are doing for Mayweather. Before Ali, they did the same to Joe Louis and before that to Jack Johnson. Some things never change and media hype against black boxing stars is one of them. Floyd is by no means perfect, but if he were an low level NBA star or white loved but ignorant Michael Jordan does the media concentrate their efforts on IQ?
Unlike Basketball, football or baseball, boxing is the sport where blacks dominate and is the truest test of real athletic ability. No team mates, no fancy sneakers and no trick shots determine the outcome of a boxing match, only mano vs mano, which is why all black championship boxers get the most hate from white America.
Check out Boxing historic Pound for Pound best list over the last 50 years. See if you can find one white man in the top 10 over this period. You can't because they are all black or Hispanic. No whites.
To actually believe a boxing star like Matwearger who has been in the International Olympics, traveled all around the country for amateur matches, has contracts with HBO, Showtime, NBC, Spike TV, and runs dozens of privately owned businesses, all of them profitable is beyond belief. If he can't read, based on his success perhaps I had better start unlearning my ability to read. Maybe then I can be one tenth as successful as Mayweather.
Posts: 4693 | From: Saturn | Registered: Apr 2012
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