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Robert Johnson's Big Idea: $14 trillion in slavery reparations to African-Americans
Posted on 6/26/20 at 3:07 pm
Posted on 6/26/20 at 3:07 pm
quote:
Robert Johnson, the founder of Black Entertainment Television, says it's time America atones for slavery and systemic racism by paying African-Americans reparations to make them economically equal to white Americans.
quote:
Johnson, the first black billionaire in the United States, has put a price tag on the debt America owes to African-Americans at $14 trillion.
"Nobody talks about cash, but black people understand cash," Johnson told Fox News.
quote:
Under his proposal, an estimated 40 million African-Americans would get $350,000 in direct cash payments over 30 years (costing the average taxpayer roughly $2,900 a year, according to his office). The $350,000 would signify the wealth disparity between African-Americans and white Americans.
To say this is controversial is an understatement. Some Democratic lawmakers have warmed to the discussion, but often in the form of commissions and other partial measures. A Fox News poll last year found most Americans are opposed to cash reparations. And with the government already spending trillions on coronavirus relief and the national debt pushing past $26 trillion, concerns about the country's fiscal stability would pose an obvious hurdle.
Senate Majority Leader Mitch McConnell, R-Ky., said last year of the idea: "I think we're always a work in progress in this country, but no one currently alive was responsible for that, and I don't think we should be trying to figure out how to compensate for it."
quote:
Johnson contends white Americans built generations of wealth on the backs of slave labor, and black people will never be able to catch up in wealth unless they are paid this debt.
"You want a big idea: white America, what would happen if you said, 'please forgive us and accept our apology. And by the way, we think we owe you what was taken from you for over 300 years of slavery, Jim Crow, segregation and denial of economic opportunity and rights," Johnson said.
"I think that would be a huge emotional assuaging of guilt."
LINK
So finally, surprise surprise, money will make this whole thing go away.
This post was edited on 6/26/20 at 3:10 pm
Posted on 6/26/20 at 3:08 pm to Bamboozles
quote:
The $350,000 would signify the wealth disparity between African-Americans and white Americans.
TREE FIDDY
Posted on 6/26/20 at 3:09 pm to Bamboozles
will they sign a waiver and hold harmless?
Posted on 6/26/20 at 3:09 pm to Bamboozles
I just did my spit in a tube ancestry thingy. Hope it comes back I have some black blood in me?
Posted on 6/26/20 at 3:10 pm to Bamboozles
quote:Pocket change and the OT knew this figure years ago.
$350,000
Posted on 6/26/20 at 3:10 pm to Bamboozles
Yeah that will solve race relations and not make people angrier.
Posted on 6/26/20 at 3:10 pm to Bamboozles
40 million African-Americans would get $350,000 in direct cash payments over 30 years
:lol: :lol: :lol: :lol:
Isn't this program already in place ?
:lol: :lol: :lol: :lol:
Isn't this program already in place ?
Posted on 6/26/20 at 3:11 pm to Bamboozles
This proposal puts us at a crossroads.
Posted on 6/26/20 at 3:11 pm to Bamboozles
So if you're like 1/10 African American are you getting a cut? Need to buy some 23 and me stock.
According to a black guy, that married a white woman, I used to work with if there is any black in the equation, the kid is considered African American. He also called his kids zebra cakes
According to a black guy, that married a white woman, I used to work with if there is any black in the equation, the kid is considered African American. He also called his kids zebra cakes
Posted on 6/26/20 at 3:11 pm to Bamboozles
I would try to renounce my citizenship and relocate to the Caymans if anything even close to that ever came to fruition
This post was edited on 6/26/20 at 3:12 pm
Posted on 6/26/20 at 3:11 pm to Bamboozles
Let's subtract out what's already been spent in entitlement programs and see what the balance is. For the record I have no problem with these programs. I don't think people in America should go hungry. But I want to do the math, just to see.
Posted on 6/26/20 at 3:12 pm to Bamboozles
How about we just buy all of the cruise ships and ship all idiots, regardless of color, to Ghana.
Posted on 6/26/20 at 3:12 pm to Bamboozles
quote:
I think that would be a huge emotional assuaging of guilt.
I'm good, but thanks for considering my feelings.
Posted on 6/26/20 at 3:12 pm to Bamboozles
quote:
"I think that would be a huge emotional assuaging of guilt."
I got some news for you homeboy....I don't have a bit of guilt about slavery because I had exactly 0 to do with it.
Posted on 6/26/20 at 3:12 pm to Bamboozles
Mexicans and Asians are exempt from this tax right? I mean we've only been here for like 50 years
This post was edited on 6/26/20 at 3:12 pm
Posted on 6/26/20 at 3:12 pm to Bamboozles
Look, I agree that reparations should have been paid years ago to former slaves, but the time has unfortunately passed.
We should move on and HEAL. Reparations will rip open old wounds and cause Biblical levels of resentment among the races.
This is NOT the answer.
We should move on and HEAL. Reparations will rip open old wounds and cause Biblical levels of resentment among the races.
This is NOT the answer.
Posted on 6/26/20 at 3:13 pm to Bamboozles
If you took all the money in the world and dispersed it evenly, the same people are gonna end up with the money.
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