Antonio Moore Profile picture
Aug 26 12 tweets 7 min read
This is for those struggling with #studentloanforgiveness because they don’t understand the data points. Only 16% of native born Blacks had a BA degree from this chart from some yrs back. If we focus on #ados it may drop well below 15%. With a chunk not qualifying due to default.
This program is targeted to galvanize the middle class of white voters. That’s not even hidden. — If you didn’t understand this and focused on one person that can get a little relief rather than the political and economic impact you’re missing the discussion.
You had 1 person try to push simulation data. You don’t have the scaling to do a simulation, nor a tweet with projections. Another said bc they target Pell Grants it’s about blacks? Beyond the raw number of grads above. Black pell grantees under $75k overrepresent in defaulted.
Everyone seems to understand this is a tool to turn out white college voters and their parents except many Black folks on @twitter. Even the @naacp president who still missed the issue focusing on amount still knows this isn’t about Black folks. amp.cnn.com/cnn/2022/08/24…
Part of what has made Black bachelor attainment look higher is the increase in these 2 images. College degree numbers for #ados are abysmal. This #studentloanforgiveness program is in many ways on another track from reparations going a whole different direction.
Black twitter then reclassified a ethnic category called “black women” that includes Black immigrant women and cuts out #ados men? And I’m divisive for creating #ados that illuminates how crazy that is? Bc #ados is the target 🎯 group.
yahoo.com/gma/black-wome…
Men & women that descend from the oppressive cost of slavery and Jim Crow in America.
I have no problem with collective uplift. But this presentation of struggle that carves out brothers, sons, & father with likely the exact same wealth struggles makes no sense. Particularly when you’re drawing with the wrong Black tipped lineal 🖊 pen. #ados
🤫👀 Didn’t I reference this fact prior in the tweet above.
If 90% of the defaulted are Pell Grant recipients. What percentage of former BLACK PELL GRANT RECIPIENTS under $75k DEFAULTED? They made this #studentloanforgiveness for woven white families. People that graduated 🧑‍🎓 in last 5 yrs paying debt off w/ their parents & grandparents.
In my view this addendum is largely about giving white boomer parents back their money as they finally paid off their 30 plus yr old kids loans during the pandemic.

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More from @tonetalks

Aug 26
Did people think we were talking about reparations in the abstract? People sat on the sidelines rambling about xenophobia or it being unreasonable. 🤫🤷🏿‍♂️ Well the next step is it comes to you personally in form of being carved out without the #ados demand. thedailybeast.com/laid-off-hbo-m…
You can’t leave the heavy work of political undergirding in a lost moment to @breakingbrown & @tonetalks while you make HBO shows or help with the NBA to give people escape. Not without consequence. When your group is deemed invisible & is largely without wealth there is a cost.
Listen to what w'ere saying in 2019. We're saying they are courting the white middle class. These people across corporate America either said nothing, or in some cases worked against the specific #ADOS demand. Now they are making the argument in isolation.
Read 5 tweets
Aug 25
People celebrated nominal student debt forgiveness with income caps that are far too low at $75 - $125k like Biden didn’t play a key role in why the loan crisis happened. “JOE BIDEN’S ROLE IN CREATING THE STUDENT DEBT CRISIS STRETCHES BACK TO THE 1970S” theintercept.com/2020/01/07/joe…
This is #ados… Anyone not making this case now win, lose, or draw doesn’t grasp the moment. @BreakingBrown @ADOSorg
America did not build itself for #ados Black Americans. That is why reparations is 1st. This program isn’t designed for Blk people 20 yrs out of school with debt like many #ados. It was designed to hand white America back dollars they use to pay off debt so they can buy homes. Image
Read 6 tweets
Aug 25
This post doesn’t show an understanding of the economics. There are now 46 million Blacks in America. In addition this money given to whites will show up in the life of these other 45,500,000 Black people that receive nothing. This is a program stabilizing the white middle class.
Saying this and following with “more to do” is the great failure of Black politics. This is all that will be done for a very long time. This is how they used your political capital from voting. They created debt forgiveness that largely targets the upper echelon of white adults.
Read 4 tweets
Aug 24
So in effect a white person earning $75k or less but that will inherit a million dollars will get student loans forgiven. But an #ados Black making $130k helping family gets 0.
nytimes.com/2022/08/24/us/…
In addition this is likely scaled between $75k and $125k. Literally punishing people for making an amount that might be $30k more after taxes. Taking away substantial sums of the forgiveness.
Also 2021 taxes will kick a lot of people that reported increased income from coronavirus aid either off receiving forgiveness or higher on the income scale.
Read 9 tweets
Aug 14
Many #ados Black Americans are politically quiet because they don’t grasp what this chart and this quote by economist Piketty mean for their life prospects and familial relationships. And what it says about the likely limited prospects for their children.
It means none of this matters because of your life’s immediate needs. And should beg the question why is it even on your twitter or in your conversation given the moment?
#SerenaWilliams 
#memphisgrizzlies on Christmas 
#nba
#beyonce
#verzuz
#nfl
🤫👀🤷🏿‍♂️ #ados This should be the main discussion in mature Black homes with full families to support. It is literally nonexistent as a talking point. With most everyone never even seeing the HUGE issue until watching this video.
Read 5 tweets
May 11
This clip is how many #ados built their intimate relationships. They built a marriage/relationship for the late 1960s wealth sharing in 2022. I predict a mass consequence that will domino through #ados Black relationships that collapse because they are economically unstable.
Post 1960s was a time after FDR New Deal and the MLK Civil Rights Movement that was unprecedented in American history handing stability out to the least educated in the form of fully owned homes and retirement. You can’t live in a past that isn’t your today without a consequence.
💯🤷🏿‍♂️🖤 Pikety said the below on wealth in 2016 when white Americans had about $90 trillion in total household wealth. It’s far worse now they have $130 trillion largely given to them through government policy. And it is that white wealth that sets the price of goods in America.
Read 4 tweets

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