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Kiara Profile picture
@wattsupkiki
Dec 2, 2021 • 10 tweets • 6 min read • Read on X
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MUST READ THREAD!!!

We've come to a time in the United States where any non-historical, stagnant analysis of the racial wealth gap is outdated in 3-6 months. White wealth has been growing at lightening speed for years.
@tonetalks provided an excellent breakdown of the Federal Reserve's "Distribution of Household Wealth in the U.S. Since 1989"

Wealth 101: From Biden to Obama - the Truth about Boomer Wealth Transfers to Millennials #ADOS #ADOSAF
It inspired me to go back thru the chart & I took note of a few patterns. From 1990-2001, white wealth grew at about $1 trillion/yr, with exceptions in 1997 & 1999. 2002 is 1st yr in over a decade where whites had a loss of $0.88 trillion. federalreserve.gov/releases/z1/da…
Yet 2003 marked a new precedent. Whites ended that yr with $4.04 trillion. 2003-2008, whites gained about $2-3 trillion/yr. Until 2008 Q1-2009 Q1 in which whites lost $7.25 trillion, setting them back only 5 yrs.
By 2012 whites were recovered and their wealth started to grow like never before. Over $4 trillion/yr. From 2012 to now, there was just one year with a noticeable exception...
From 2020 Q1 to 2021 Q1, whites gained $20.99 trillion in wealth. In one year... In the middle of a global pandemic...

Also I must mention how whites have gained another $4.6 trillion since 2021 Q1.

Meanwhile, I hope you've payed attention to the figures for Black wealth too.
Black wealth is locked into pensions and homeownership of millennial parents & grandparents.

And It doesn't move.

But if Black wealth had grown from 1990-2020, even at a rate of $1 trillion/yr like it did for whites in the 90s, we would have at least over $30 trillion.
What happens when Black millennial parents & grandparents die? The little wealth we have dies with them. We won't get their pensions. We don't have liquid assests to maintain their homes even if we do inherit them. Research has predicted this catastrophe. ips-dc.org/report-the-roa…
Black Americans can't afford to stay in denial. Whites are living off inherited fortunes + social capital. We still believe a college education & a good job are keys to success. We still believe business ownership is key. Our ignorance is detrimental. #ADOS
We're witnesses to astronomical growth & development in the United States. Yet Black Americans are getting left behind in the country that our ancestors built. Now more than ever we have to take a stand for what this country owes us. #reparations #ADOSAF adosfoundation.org/reparations

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More from @wattsupkiki

Kiara Profile picture
Dec 10, 2021
End of wk 2 - I've exchanged emails with #lilyiep team all week. To no avail. In 3 of those emails I asked for another meeting to discuss lack of progress reports and adherence to her schedule but at this point it seems like they refuse to meet again until after the 6 wk mark.
I found a couple more resources which I'll link in my #iep source thread. There's a thing called IEP Advocates. Apparently we need one bc the team at Lily's school is a mess. I feel like I started out overzealous and wrong in thinking this wouldn't be a hard process.
However I did finally see the reports from her teachers used in the initial decision to deny an evaluation. Which, I must add, the details of weren't discussed in the 1st two #lilyiep team meetings.
Read 4 tweets
Kiara Profile picture
Dec 10, 2021
37 million Black or African Americans lived in the United States in 2019. 12% of the population at the time. Yet they were overrepresented in high-risk populations. Approx 40% of the homeless, 50% of prison inmates and 45% of children in foster care. columbiapsychiatry.org/news/addressin…
According to U.S. Department of HUD the number of homeless people increased to 567,715 in 2019 – the highest level since 2014. At 40%, Black people accounted for over 225,000 of the total amount. statista.com/statistics/727…
1.43 million people were under jurisdiction of United States federal or state correctional authorities in 2019. 50% of that is 715,000 Black people.
Source: US Bureau of Justice Statistics. statista.com/statistics/203…
Read 6 tweets
Kiara Profile picture
Nov 30, 2021
10 days have passed since the reparations coalition panel w/o another peep from them or any local media coverage of the event. Why is that? #kansascity
Black Americans in Kansas City AND across the nation are having increasingly specific discussions about what reparations should be yet those discussions are rarely reflected in media. Next to never in Kansas City's local news coverage. Again, why is that? #reparations #ADOS
Asking rhetorically, of course. I KNOW why. Although I thought were supposed to expect more from the likes of @cvoiceks @kcur @kcbeacon #thecall @KCDefender @TheFastPitch
Our city government is no better. They have yet to publicly advocate for targeted redress to Black Americans.
Read 5 tweets
Kiara Profile picture
Nov 21, 2021
Can we have an honest discussion about risks migrating parents put their kids thru when they illegally cross into the United States?

How should the U.S. react to parents who put their kids in such danger?

Here's an ABC news article abt the Darien Gap. abcnews.go.com/International/…
More horror stories of what migrants experience as they attempt to come to the United States, illegally.

The Darién Gap: "A nightmare with 1,001 demons" doctorswithoutborders.org/what-we-do/new…
It's not just Panama.

An account of illegal migration thru Veracruz:

MOST DANGEROUS JOURNEY: WHAT CENTRAL AMERICAN MIGRANTS FACE WHEN THEY TRY TO CROSS THE BORDER
amnestyusa.org/most-dangerous…
Read 4 tweets
Kiara Profile picture
Aug 27, 2021
Today I've seen a few threads about mental health in the ADOS community. I have some thoughts. Last year the pandemic took a toll on everyone BUT ADOS were set up to be hit especially hard. We always are. We already endure yrs & yrs of untreated trauma from racism.
The pandemic is the straw that's breaking so many Black Americans. We have been pushed to suffer thru w/o any type of address to the state of our mental health. Our SPECIFIC mental health issues rarely, damn near never get acknowledged in ways that provide sustained improvement.
Over the last yr, my daughter & I went thru the pandemic schedule changes, loss of friends, rearranged custody, divorce, deaths in the family. A LOT. I honestly didn't have the capacity to deal (alone) I didn't know what to do about how life was affecting us. I sought counsel.
Read 10 tweets
Kiara Profile picture
Aug 25, 2021
Said in response to a whole population of hs students who collectively commited horrid acts of anti-Black American racism.
See below.
It's just like a white supremacists to say "Sorry, didn't know better, please teach me".
Parents + fellow students are demanded suspension. 👏🏾
TW

White and Latino students at #Salinas high school made a IG page featuring images of them being violently aggressive towards a Black doll they named #Shaniqua

Apparently they didn't know this was wrong so they just need a racial sensitivity workshop. ImageImage
These incidents clearly didn't stem from a singular, sudden idea. It takes a deep rooted hatred of Black Americans to cause something like this to spread within an entire high school. #salinas

#blackandbrown #poc #bipoc
Read 4 tweets

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