Thoughts to ponder

Richard Cordray, the head of the Consumer Financial Protection Bureau, spoke at the NAACP's convention. Some of his words: 

 “For white households in America, median income is $60,000; for African-American households, it is $35,000. White households in America have an average net worth of $134,000, but for African-American households, it is $11,000. Home ownership among white consumers is about 71 percent; for African Americans, it is about 42 percent. And the median house owned by a white homeowner is worth over $85,000, compared to $50,000 for African Americans. Small wonder that many feel trapped in a system that seems to barricade every avenue for economic advancement.”