Joe Biden has authorized a study to consider making direct payments in reparations for black descendants of slaves. His vice president Kamala Harris wants never-ending reparations.
Reparations pay black people just for their existence.
AN EXAMPLE FROM OREGON
The following is one example from Oregon of how direct payments to descendants of slaves will work out.
The Oregon government will pay six figures to any person who can prove they are descended from American slaves and identify as African-American on legal documents. That is according to a state Senate bill.
The estimated cost is 11.8 trillion in total reparations payments. It will likely invite more black people into the state to get a potential second round of reparations.
The bill directs the state Department of Revenue to establish a reparations payment program for black Oregonians “who can demonstrate heritage in slavery” and provide documentation that they identify as “African-American” for at least 10 years. Recipients must reside in the state for at least two years before the application deadline of Dec. 31, 2022.
The payment would be an annuity where recipients would receive $123,000 paid out over the course of their life, plus interest.
The average black man has a lifespan of 75 years, so if a 30-year-old black man applies for the reparations program he would receive a yearly payment of approximately $2,733 per year from the Oregonian government. If the recipient receives a five percent interest rate on the reparations money, they could receive up to $2,870 per year.
NATIONALLY, IT’S DEVASTATING FINANCIALLY
A professor at Duke University published a study advocating for the government to dish out $10 to $12 trillion in reparations to black households. This would average $800,00 to each black household. Advocates claim that it would close the “racial wealth gap.” Many on the Left have pointed to this study as a gold standard for reparations, CNBC reports.
A White House senior advisor, Cedric Richmond, told Axios that he wants to get a head start on what Joe Biden plans to do. He heads up the commission to study it but is acting now. He’s not waiting for a study.
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Why is it that Blacks in Big Blue Cities are militant and lazy? I have a lot of Black friends who have done well in life and the vast majority of them grew up in the Rural Deep South. Wealth redistribution (Communism) has never been a formula for a Nation’s success.
Evanston, Illinois is giving $25,000 payments to be used from the cannabis (weed) tax with $10 million dollars put aside so far.
One comrade said no matter what the amount it won’t be enough.
Only burning it all down by any means necessary can make it right.
BTW-that term comes from 1960’s black radicals and I first heard of it on rap albums from the late 1980’s.
I thank them for the heads up.
I guess they really, really want to start a racial civil war.
The 13th Amendment (R) ended slavery and the 16th Amendment (D) enslaved everyone. I want reparations for being enslaved my entire life. Repeal the 16th Amendment.
I’ve been saying Repeal the 16th and 17th Amendments for Decades.