$5M would bankrupt the world.
$5M would bankrupt the world. If this was implemented nationwide would it solve our “race issue”? If we did this, dozens of generations later, if the global economy can somehow bounce back, will Caucasians be forgiven for the crimes they didn’t commit? Or will they still be labeled as privileged and bigots? Would we then be able to return to our color blind society?
Why did the Fillmore district take such a hard turn in the 1960’s? That was when LBJ was elected and California became more radical blue. This has very little to do with slavery as reparation advocates want black immigrants to receive money also.
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Payments of $5 million to every eligible Black adult, the elimination of personal debt and tax burdens, guaranteed annual incomes of at least $97,000 for 250 years and homes in San Francisco for just $1 a family.
The draft reparations plan, released in December, is unmatched nationwide in its specificity and breadth. The committee hasn’t done an analysis of the cost of the proposals, but critics have slammed the plan as financially and politically impossible. An estimate from Stanford University’s Hoover Institution, which leans conservative, has said it would cost each non-Black family in the city at least $600,000.
Tuesday’s unanimous expressions of support for reparations by the board do not mean all the recommendations will ultimately be adopted, as the body can vote to approve, reject or change any or all of them. A final committee report is due in June.
The idea of paying compensation for slavery has gained traction across cities and universities. In 2020, California became the first state to form a reparations task force and is still struggling to put a price tag on what is owed.
The Fillmore District once thrived with Black-owned night clubs and shops until government redevelopment in the 1960s forced out residents.
Critics say the payouts make no sense in a state and city that never enslaved Black people. Opponents generally say taxpayers who were never slave owners should not have to pay money to people who were not enslaved.
The board created the 15-member reparations committee in late 2020, months after California Gov. Gavin Newsom approved a statewide task force amid national turmoil after a white Minneapolis police officer killed George Floyd, a Black man.
The state panel made the controversial decision in March to limit reparations to descendants of Black people who were in the country in the 19th century. Some reparations advocates said that approach does not take into account the harms that Black immigrants suffer.
#USA #TheChubbyCaucasianChristianClosetedConservative #Reparations #SanFrancisco #AP
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