Antonio Moore Profile picture
Mar 11, 2022 5 tweets 3 min read Read on X
Economist Thomas Piketty, the author of Capital in the Twenty-First Century, recently observed that the level of inequality in the United States — for those who work for a living “is probably higher than in any other society, at any time in the past, anywhere in the world.” 2017 Image
When Economist Thomas Piketty said the above quote in 2017 white American families had in total likely less than $100 trillion dollars. They now have $127 trillion. Large blocks of Black America have no idea the scale of the racial wealth gap, nor how it will impact their lives. Image
To help you read this chart almost 1/2 of Black wealth is in pensions. Likely almost all held by those that are already retired and above the age of 60. In addition that group may have most of the small Black real estate as well. 🤫💰🤷🏿‍♂️ Working age Blacks are largely wealthless. Image
Ray Dalio is the billionaire whose chart I amended with colors for #ados context. Watch this and share your thoughts. “Principles for Dealing with the Changing World Order by Ray Dalio”

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More from @tonetalks

Sep 16, 2023
“The question begs how will the economic winds take back the keys to life which consumer credit has afforded a generation. It will be done quickly and without regard for feelings, or consideration for struggle.” Rise of Legacy @tonetalks HuffPost 2013 huffpost.com/entry/the-era-…
Watch this video I used in the above article “Rise of Legacy” I did on economics on @huffpost in 2013. vidrise.com/v/litov/
Read 4 tweets
Aug 29, 2023
I don’t think people much cared about this #investfest. It came and went. Not sure if it’s even worth a show gauging the interest. Boy didn’t they try to push this craze? They took all the old #decadentveil Black celebrities from 2000 they could find to try to sell these $300 tickets on the financial golden brick road to nowhere. 🤫😆 Black folks generally could care less is the after message. 🤫🤷🏿‍♂️👀🇺🇸🙋🏿‍♂️

In my view the #investfest was a conference for young Boomers of 1987 working jobs with pensions and buying $75k homes. Sold off to millennials in 2023 working gig jobs and living the consequences of believing in Nixonian Black economics as uplift for 40 years too long. A conference created by people who don’t really understand race or wealth in America. 🙋🏿‍♂️🤫 @JTPocketWatcher @CommonSenseEli in my view the money is in selling classes to the aspirational not investing in assets. Tell them give it away for near free if it isn’t. And make money when the participant does. 🤷🏿‍♂️
My piece in @fortune on race and wealth. “What We Get Wrong About Closing the Racial Wealth Gap” fortune.com/2018/04/16/rac…

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It makes little to no sense to take part in an event to pitch reparations when it is built on financial bootstrap talk. And they are charging $300 for tickets and have the audacity to have $1800 vip tickets. These people are selling high priced financial classes and she’s on stage in my view ignorantly binding their expensive financial class product with reparations.
Read 4 tweets
Jul 9, 2023
The fact that #Uber launched 1 month after @BarackObama was sworn into office. And that #jayz & @Beyonce among others were invited to invest early so they could be used to normalize it to Black folks and others are the cost of praising the #decadentveil. vidrise.com/v/ojmh1/
Just awful. But someone beyond POOR will read this and praise it through a view of their own super capitalist potential. 🤷🏿‍♂️ The #decadentveil has done their job. “Beyoncé, Jay-Z, Ashton Kutcher and more reportedly set to make a killing as Uber goes public”
nme.com/news/beyonce-a…
🤫🤷🏿‍♂️ @Uber @BarackObama both launch in early 2009.
Read 4 tweets
Jul 5, 2023
No group in Black politics suffered more under the points made against the Biden administration in federal court today regarding social media than #ados. The retracted Harvard #ados paper was also created by authors paid by democratic donor org Move On. In review of the #ados… https://t.co/rPjPy3dEoStwitter.com/i/web/status/1…




“A federal judge in Louisiana ruled Tuesday that the Biden administration likely violated the First Amendment by censoring unfavorable views on social media over the course of the coronavirus pandemic, calling the efforts “Orwellian.””
politico.com/news/2023/07/0…
Read 4 tweets
May 11, 2023
And again let’s make everyone clear what was done here was plainly awful. And it damaged the reparations discussion in immeasurable ways that are now very clear. #ados
There would be no crazed hollering in this room if I was present and not shut out of my own work product. They then used them to now spin REPARATIONS into an equity project for all. They just aren’t sharp enough to see it.
Read 7 tweets
May 10, 2023
Tune in tomorrow 5/10/23 show releases on @YouTube at 830am pst @tonetalks Youtube. "Will Artificial Intelligence AI & Robots take all the jobs in America?"
Watch Here:
Here is a preview section from the show where I give a scathing review of #AB3121twitter.com/i/web/status/1…
Newsom is basically saying he is opposed to reparations. The #ab3121 panel was a waste of time & the recommendations don’t even make sense. They can stop no need for 2024. “Gov. Gavin Newsom Will Not Support Cash Reparations But ‘Supports Recommendations’” californiaglobe.com/articles/gov-g…
When Newsom says he supports recommendations he is saying he believes this is reparations. And this is what he supports. >>> “….other more social changes were recommended including removing racial bias and discriminatory practices in standardized testing, declaring election day… twitter.com/i/web/status/1…
Read 7 tweets

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