Thursday, August 4, 2011

Bloomberg to spend millions of his money to help black, Latino males, aka Progressives/Liberals throwing money down rat hole

Haven’t we seen this movie before?

Lyndon Johnson’s so-called War on Poverty spent billions on eradicating poverty. And for all that money spent in the past four decades, the percentage of folks living at or below the poverty is exactly the same.

What these guilt-ridden white liberals like Mike Bloomberg and George Soros can’t get through their thick skulls is that government programs can’t fix anything and in many cases they make the underlying situation worse.

There’s no mystery on how to lift oneself out of poverty. The biggest ingredients needed are good old fashion work ethic and a desire for a better life.

My parents came to New York from Puerto Rico in the 50s with nothing. And within 20 years of hard work and faith in God, they brought their first home and a piece of the American Dream. They didn’t need a government program to get ahead.

They worked for it!

They made an easier path for me and I was able to graduate college. We’re not unique and it takes no special ability on our part other than a willingness to work your ass off in school or at a job.

Spending $330 million doesn’t teach desire. It only fosters dependency.

CNN

New York City Mayor
Michael Bloomberg on Thursday announced the launch of a major policy initiative to aid the city's minority youth.

And he's footing a good chunk of the bill himself.

"We believe it is one of the most ambitious and comprehensive attacks on racial disparity ... that any city has ever undertaken," Bloomberg said Thursday.

The mayor will contribute $30 million from his personal philanthropic foundation to the effort, which is a public-private partnership. Another $30 million will come from billionaire hedge funder
George Soros' Open Society Foundations.

The city will pick up an additional $67.5 million in costs.

"The mayor has shown vision and leadership with this initiative, and that's why I'm happy to join forces with him," Soros said Thursday. He said the initiative will help make New York "stronger and a better place," and that the initiative "shows how private citizens can work with their government to make it better."

The mayor said the initiative will target four areas identified as having the greatest racial disparity: education, health, employment and the justice system.

In the area of education, the initiative's funds will go to literacy services and the incubation of strategies to close the gaps in both high school graduation rates and post-graduation success. Mentoring and after-school programs are among the areas to be funded. Bloomberg said the aim is for high school graduates to be ready to take the next steps in college or in the job market.

More here