Seems like white Americans don't really help out their kids.
. Unregistered
Posted 2/3/2012 4:37 am
Most other ethnicities have larger support networks, in the community or through extended family, etc. There are family businesses and connections.
The way whites treat their kids is cold. They shove them out of the nest at 18 and after that, "you're on your own." Rich parents might pay for college in some cases, but they rarely seem to take an interest in their kids' professional lives beyond that.
Independence is a good trait to have and on an even playing field where everybody else behaved the same would probably be the best way to go. Only thing is, others dont play that way and whitey is screwed because he doesnt have the help.
As an expat I can tell you white Americans are pretty much the only group which not only doesnt help their own, on the contrary oftentimes will choose somebody else over their own because of the novelty factor or not wanting to look biased.
My dad is quite wealthy but has done fuck-all for me financially. Was fairly generous through college, but that was that. Has seen me struggle at times in my life with no stirrings of action.
Of course I have never asked for help.
My business partner BOUGHT his kid an apartment in the mid-90s when his son and I both got out of school. My dad didn't even fucking offer to help me with a downpayment. My business partner and my dad appear to be in roughly the same financial category.
On the other hand, my brother and I have taken a very different approach with our kids.
Posted 2/3/2012 4:49 am
What I've seen with the Asians is that they fund them in business or bring them in to the family business so they can be supervised while they're still young.
In white culture this is called nepotism and is looked down on.
But it seems sensible to e, now that I've seen it in action, for parents to fund and supervise their kids first business ventures
Posted 2/3/2012 4:56 am
I didn't get shit from my parents. They both spent every dime they ever earned. Unlike them, I covered the college costs and the down payment for my daughter's first house. She's doing very well at this stage. I'll probably will 67% of my assets to the granddaughters to give them a leg up in life also.
Western white kids get completely fucked in the head when mommy & daddy wipes their ass for them for their life. Take a look at the Connors.
On the other hand, the parents that won't do shit for their kids 18 or not don't exactly produce happy kids who go on to have happy kids of their own.
I can tell you, having parents who had absolutely no real world political skills and bizarrely white obsessions with "fairness" and self-righteousness as they treated their own kids like shit as a "character building" exercise I can say I would have been better off adopted. Even by a black family.
Posted 2/3/2012 5:00 am
Spoiling kids isn't the answer, either, though. THE most complete fuck-ups are ones that didn't have to work for anything.
Have a childhood friend whose grandfather built up a company that eventually reached a valuation in the hundreds of millions. My friend never really had to work. Now he's in his 40s and still doing what he did at 18. That is, get drunk and watch tv. Watch tv and get drunk. When his dad cut him off, 20 years too late, the friend lost car, house, phone etc.
Posted 2/3/2012 5:04 am
My dad was so concerned about fairness that he once let me shit in my pants rather than take me home from a baseball game first, which would have inconvenienced the other kids in the carpool.
By not sticking together white people have handed over large sectors of their economy to people who do.
White Americans have a far smaller chance of participating in a variety of industries (banking, law, entertainment, etc.), because they refuse to help each other out where a certain other group clearly does. Being white is like running the whole race yourself where they are running out a relay team against you.
Posted 2/3/2012 5:08 am
It's one of those giving a man a fish vs. teaching him to fish type of questions. Most white parents would pull strings to get their kids jobs if they have the connections, but they will not just hand them cash or pay their rent in most cases.
Posted 2/3/2012 5:09 am
To get where I am today in finance, I've had to make alliances with Jews.
One Jewish guy, who had been the founder of a top-25 global hedge fund, essentially mentored me, and certainly made more of difference in my professional life than my dad ever did. And my dad was a senior executive at a bulge bracket firm.
I had a friend in a similar situation. His dad worked pretty high up in Exxon and his family was pretty wealthy. They gave him tons of money and cars and paid his rent up until age 30 or so and then they cut him off around the time he bought a house. He was freaking out but last time I saw him he still had the house and the truck and was gainfully employed.
