General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe Lyin' Queen Leavitt would like the "leftist media" to ignore...
...the overt and disgusting racism of our Commander in Chief and focus on what is really important to this nation: the performance of the stock market.
https://www.thedailybeast.com/fox-new-host-corners-leavitt-on-trumps-vile-post/
So, Miss Information thinks that the top 10% of wealth holders being flush with money is way more important than the center of power in our country gleefully perpetuating a tradition of racism that has ravaged our nation since inception and destroyed the lives and generational wealth of millions of people along the way.
But, the thing is: Wall Street has its own dark past when it comes to racism. A past Karolying could never be bothered to learn or even think about certainly.
But it is worth knowing.
Even the name Wall Street comes from a physical wall that was built by enslaved Africans who had worked aboard Spanish or Portuguese ships before the Dutch seized them.
In March of 1653, Governor Stuyvesant had been sent orders to fortify New Amsterdama Dutch settlement located at the southern tip of Manhattan Island in present-day New York City. English warships were gathering in Boston Harbor, readying to sail south and take the Dutch colony.
To fortify the settlement a gang of black men labored as long as daylight allowed, digging a three-foot-deep trench from the East River all the way across Manhattan Island to the Hudson River.
When the Africans finished the trench, they formed a wall by standing big logs into it. Each log was 18 inches around and 12 feet long. Then they pounded dirt and stones back into the trench around the base of each log to make the wall strong. They built blockhouses at the ends of the wall, and gates were added where roads ran through it. But as soon as the wall was finished, it was no longer needed. The Netherlands and England had signed a peace treaty. However, the wall built by the Africans gave the rough path that eventually became a street with a new nameWall Street.
https://maap.columbia.edu/mbl_place/17.html#:~:text=English%20warships%20were%20gathering%20in,Expert%20Commentary:
And it got worse from there:
Later in the 19th Century, US banks and southern states would sell securities that helped fund the expansion of slave run plantations.
To balance the risk that came with forcibly bringing humans from Africa to America insurance policies were purchased.
These policies protected against the risk of a boat sinking, and the risks of losing individual slaves once they made it to America.
Some of the largest insurance firms in the US - New York Life, AIG and Aetna - sold policies that insured slave owners would be compensated if the slaves they owned were injured or killed.
By the mid 19th Century, exports of raw cotton accounted for more than half of US oversees shipments. What wasn't sold abroad was sent to mills in northern states including Massachusetts and Rhode Island to be turned into fabric.
The money southern plantation owners earned couldn't be kept under mattresses or behind loose floorboards.
American banks accepted their deposits and counted enslaved people as assets when assessing a person's wealth.
https://www.bbc.com/news/business-49476247
And it has continued to this day through the period of reconstruction to the discriminatory practice of redlining denying financial services, such as mortgages and insurance, to residents of specific neighborhoods.
So when the White House wants us to look away from their racism to how well the stock market is doing, it only highlights how little they know or care about the actual history of racism that runs through every thread of our American tapestry.
Of course, that is a kind reading of it. They probably do know--and that's why they are doing it.
Traildogbob
(12,725 posts)Thats some great titles three. Most excellent!
Bravo!!!!
struggle4progress
(125,682 posts)AZJonnie
(3,214 posts)50K is not intrinsically any different than any other "new record high"
Also, if shitbird hadn't opened his fat trap and posted wildly offensive shit early that AM, the media probably would've made more mention of the milestone (though I'm quite sure it was "covered" ).
paleotn
(21,834 posts)If you seen her lately, the evil appears to be taking as much a physical toll on her as Kristi Mar-a-Lardo Face. Differently, but it does appear a physical "melt down" is occurring in both of them. Did someone throw water on Kristi? Not enough! Throw more!
Volaris
(11,506 posts)It'll be how dare the leftist media ask about the stock market.
She may not have actually committed any actual crimes thus far, but if national exile were a thing, she's the first one I want on a plane to fucking Moscow.
