As I paged through the Oliver and Shapiro chapters, the ghost of Derrick Bell kept whispering in my ear that he had distilled all of their arguments into a two word phrase over 30 years ago- "interest convergence". Having been dead for just a short time, Bell was not so good at being a ghost but he was a great reading partner for the time that it took me to finish the chapters. Professor Bell and I came to the conclusion that the "sedimentary" position of many African Americans in society today can be entirely explained by the unwillingness of individuals in positions of power (most commonly white folks but I argued that this what not an exclusively white domain but probably a common human trait) are not going to support social equality unless they see a tangible benefit to doing so. There are very few instances in the history of the United States that one can point to to counter that argument. Oliver and Shapiro point to American slavery as the manure that fertilized the growth of racial bias and oppression that persists today. Slavery also died by the sword in the United States as a more powerful faction asserted its will over a mass of slaveholders. It is also important to note that, by his own admission, the "Great Emancipator" wouldn't have emancipated anyone if he could have achieved his ultimate goal by any other means. So, I argued that the emancipation of American slaves really fit well with Dr. Bell's assertion that progress toward equality is only supported by whites when there is a mutual benefit. He was originally speaking in reference to Brown v. Board of Education in 1954 but the fundamentals of his argument were on full display during reconstruction. I reiterated my argument that we couldn't paint too broad a picture of whites when making this claim however....we needed to focus on whites with some degree of political power or social capital. If the emancipation created a political and military situation that weakened southern resistance to the will of the Union- then let those people go! Powerful whites, even some of the most progressive-minded of the group really weren't signing up for citizenship in an nation where they would be on equal social and political ground with freedmen so reunion probably had more perceived benefits than costs.
As the conversation progressed and my ghostly companion and I polished off our second 6-pack of Ballantine Ale, we moved on to more modern instances of how a white dominated power structure ensured unequal access to opportunity in the US. (There are two things that you should all know about ghosts. 1) Ghosts have a limitless tolerance for alcohol. 2) Black ghosts are black. The movies are bullshit. ONLY WHITE PEOPLE HAVE WHITE GHOSTS!) We delved into Oliver and Shapiro's critique of the American tax code as a means of allowing wealthy whites to build and preserve wealth. It was in this conversation that we found the heart of the problem. You do not have to be a rich white person to have a vested interest in protecting white privilege in the United States. The beginning of our discussion was harmonious as we lambasted the corporate elite for benefiting from tax loopholes that they wouldn't have know existed if they had run in different circles. Captial gains tax- unfairly formulated! Corporate income taxes- too low!!! Greedy bastards.... Mortgage interest and real estate tax deduction- unfair! (insert scratching record sound here) Mortgage interest and real estate tax deductions are perfectly fair. I am not rich and that is one of the few benefits that I have earned by working hard and buying a house. I told Dr. Bell that it wasn't middle-income whites that were the problem here and my tax benefits were earned and legitimate and available to anyone in my position. Dr. Bell agreed with this and I had won!
Bell then asked me when I bought my house and who I bought it from. I knew that I was above reproach in this instance and prepared to take his grilling. I told him that my brother and I purchased the house after my grandmother died in 2001. We almost the total appraised price of the property with the final asking price adjusted slightly so that my father and uncle would not only be hit with minimal taxes on the transaction- all done perfectly legally and without consideration of the color of my skin. Dr. Bell smiled- he knew I had him! He could not deny that my wealth was acquired legitimately and that a Black person of the same income could have done the same. Dr. Bell then questioned the price of the house. "Did you not purchase your 'wealth' for less than its true market value thus acquiring more wealth than you 'earned'?" I decided to concede this point as it really was a small amount less than the appraised value of the house and really didn't damage my stance in this un-losable argument. I explained to Dr. Bell that my grandparents purchased the house in 1961 for its full market value of $12,000 which was nearly the exact amount of the difference between our appraised value and asking price. When my grandparents moved from Providence, they probably took advantage of an FHA loan to purchase the property- again- all done legally and without any unearned benefits.
As the conversation progressed and my ghostly companion and I polished off our second 6-pack of Ballantine Ale, we moved on to more modern instances of how a white dominated power structure ensured unequal access to opportunity in the US. (There are two things that you should all know about ghosts. 1) Ghosts have a limitless tolerance for alcohol. 2) Black ghosts are black. The movies are bullshit. ONLY WHITE PEOPLE HAVE WHITE GHOSTS!) We delved into Oliver and Shapiro's critique of the American tax code as a means of allowing wealthy whites to build and preserve wealth. It was in this conversation that we found the heart of the problem. You do not have to be a rich white person to have a vested interest in protecting white privilege in the United States. The beginning of our discussion was harmonious as we lambasted the corporate elite for benefiting from tax loopholes that they wouldn't have know existed if they had run in different circles. Captial gains tax- unfairly formulated! Corporate income taxes- too low!!! Greedy bastards.... Mortgage interest and real estate tax deduction- unfair! (insert scratching record sound here) Mortgage interest and real estate tax deductions are perfectly fair. I am not rich and that is one of the few benefits that I have earned by working hard and buying a house. I told Dr. Bell that it wasn't middle-income whites that were the problem here and my tax benefits were earned and legitimate and available to anyone in my position. Dr. Bell agreed with this and I had won!
Bell then asked me when I bought my house and who I bought it from. I knew that I was above reproach in this instance and prepared to take his grilling. I told him that my brother and I purchased the house after my grandmother died in 2001. We almost the total appraised price of the property with the final asking price adjusted slightly so that my father and uncle would not only be hit with minimal taxes on the transaction- all done perfectly legally and without consideration of the color of my skin. Dr. Bell smiled- he knew I had him! He could not deny that my wealth was acquired legitimately and that a Black person of the same income could have done the same. Dr. Bell then questioned the price of the house. "Did you not purchase your 'wealth' for less than its true market value thus acquiring more wealth than you 'earned'?" I decided to concede this point as it really was a small amount less than the appraised value of the house and really didn't damage my stance in this un-losable argument. I explained to Dr. Bell that my grandparents purchased the house in 1961 for its full market value of $12,000 which was nearly the exact amount of the difference between our appraised value and asking price. When my grandparents moved from Providence, they probably took advantage of an FHA loan to purchase the property- again- all done legally and without any unearned benefits.
"So, that Black man with an identical income would have had this identical opportunity?"- he
said.
I replied- "of course- if his grandparents had been smart and bought that house for $12,000 he would be sitting pretty as having a 50% stake in a $150,000 dollar property- it is really very simple."
I honestly expected more of a guy who was supposedly a brilliant critical race thinking in life. Maybe the process of dying was traumatic and he lost some of his stuff.
He kept trying though- "What if the African American man with identical income had grandparents who were not able to get a loan to buy that house in the suburbs?"
Well- I conceded that would be unfair. My tax deduction for mortgage interest and taxes was something that needed to protected. It was fine to go after the rich but leave the middle of the road folks alone. I was paying taxes on that house based on its whole value...not what we paid. At least he didn't have to pay taxes on a rental property! He actually takes home more money than I do every week if you think about it. If we both make the same amount and I have to pay property taxes then who is wealthier old sage from beyond the grave?
Dr. Bell advised that I reread the Oliver and Shapiro chapters to get a better handle on the distinctions between income and wealth. Bell and I finished the remainder of our case of beer while taking turns reading aloud. After 24 beers and 120 pages we both came to the conclusion that I was totally full of shit. Dr. Lemons taught me a word about 15 years ago- feculent....I was a fountain of feculence. Privilege is protected because those who enjoy it nearly always perceive that they earned it. While much of the above drama was exaggerated for your enjoyment, I have always felt that the mortgage interest deduction was not so much an unearned privilege as a small benefit to help me maintain my 988 square feet of the "American Dream". I now exclusively own wealth appraised at $203,000 that was likely acquired by by family by a 1961 FHA loan for an investment of $12,000. When my parents die, this wealth will likely nearly double with no further financial investment on my part. My daughter was born on 10/8/10 probably somewhere between first and second base....
said.
I replied- "of course- if his grandparents had been smart and bought that house for $12,000 he would be sitting pretty as having a 50% stake in a $150,000 dollar property- it is really very simple."
I honestly expected more of a guy who was supposedly a brilliant critical race thinking in life. Maybe the process of dying was traumatic and he lost some of his stuff.
He kept trying though- "What if the African American man with identical income had grandparents who were not able to get a loan to buy that house in the suburbs?"
Well- I conceded that would be unfair. My tax deduction for mortgage interest and taxes was something that needed to protected. It was fine to go after the rich but leave the middle of the road folks alone. I was paying taxes on that house based on its whole value...not what we paid. At least he didn't have to pay taxes on a rental property! He actually takes home more money than I do every week if you think about it. If we both make the same amount and I have to pay property taxes then who is wealthier old sage from beyond the grave?
Dr. Bell advised that I reread the Oliver and Shapiro chapters to get a better handle on the distinctions between income and wealth. Bell and I finished the remainder of our case of beer while taking turns reading aloud. After 24 beers and 120 pages we both came to the conclusion that I was totally full of shit. Dr. Lemons taught me a word about 15 years ago- feculent....I was a fountain of feculence. Privilege is protected because those who enjoy it nearly always perceive that they earned it. While much of the above drama was exaggerated for your enjoyment, I have always felt that the mortgage interest deduction was not so much an unearned privilege as a small benefit to help me maintain my 988 square feet of the "American Dream". I now exclusively own wealth appraised at $203,000 that was likely acquired by by family by a 1961 FHA loan for an investment of $12,000. When my parents die, this wealth will likely nearly double with no further financial investment on my part. My daughter was born on 10/8/10 probably somewhere between first and second base....
