Black American Wealth

A new article by Thomas Sowell explores the terrible statistics on the development (or deterioration) of black American wealth over the last years. He lays it at the feet of the politicians who tried to jerry-rig the economy to accommodate unqualified home owners, mostly black.

That may be true but it misses the point. The real scandal is the failure of the black community to show any participation in the American social and economic process, its complete separateness from the American mainstream. How could white households have 33 times, 33 times!, the net worth of black households? And when will the black community stop its O.J. Simpson-like search for the perpetrator?