If Reparations are ever Paid to Blacks for being Descendents of Slaves, Can we be Sure that none of the Payments Will Ever go to . . .

[IM2]

Impossible to enforce.

The problem with jotathoughts rant is that white have been given huge sums of money for economic development while excluding us and still complain today. This argument coming from such people are dishonest and steeped in the belief that white are entitled to everything. The problem with that belief is that we pay taxes, and our tax money has helped whites while we have been made to suffer. Last, we aren't just talking about 150 years ago an they know it..

 

[IM2]

I say pay reparations.. and then require this group to stop complaining about something that happened over 150 years ago - especially since some states don’t have slavery or were neutral.

Regardless, how well would this group do with wealth management and what problem does it solve?

I really think white such as you should simply stay quiet on this subject. Many whites have been given huge um and blew it and white are still asking for more. So STFU, because this isn't just about something that happened 150 years ago, and if you want to go there, stop celebrating the Fourth of July because that happened 250 years ago.

 

[IM2]

I have read everything available, and you have relied on OAN stuff.

Mikey is a white supremacist who used pictures of dead black children for avatars then posted racist threads celebrating black deaths.

 

[IM2]

By definition - yours at least - welfare is money given for no work. If government offers subsidized loans for people like me to start a business (since you know me so well, I assume that is what you meant), that business will involve work, so it is not "welfare."

Same for corporations. It is perfectly fine to object to those subsidies to corporations. I object to that myself. But I don't call it welfare, because I like to be truthful.

Wrong.

 

[Bad Bob]

The problem with jotathoughts rant is that white have been given huge sums of money for economic development while excluding us and still complain today. This argument coming from such people are dishonest and steeped in the belief that white are entitled to everything. The problem with that belief is that we pay taxes, and our tax money has helped whites while we have been made to suffer. Last, we aren't just talking about 150 years ago an they know it..

No disagreement about past biases. The problem is "What to do about it?"

Again, I disagree with just giving away money. Even low interest loans for homes and businesses would be a problem since, as proved by the Democrat plan of low interest college loans, it leads to cost inflation. Once colleges realized students could get low interest loans, they jacked up their prices which is why many colleges are so costly.

Better, IMO, is to invest in the community with better schools, enticing businesses to invest in the area, better police to drive out gangs, etc.

 

[IM2]

As stated before, I'm against just giving people money. Without education and training, I doubt most would use it wisely. Better, IMHO, to use the money to invest in schools, incentives for businesses to invest in the area thus creating jobs, health clinics, etc.

There's also the problem with the math, almost 43M African-Americans, plus countless more who are "blended". 43M x $100,000 each = 4,300,000,000,000 AKA $4.3T.

You assume thing that should not be assumed. Other groups have been given reparations without conditions and were able to start buisnesses even if they didn't have much education.

We don't have to go back 150 years. We could determine the sum based on this:

Citygroup did a study focusing on U.S. GDP from 2000 until 2020. The study revealed huge losses in GDP due to continuing discrimination against blacks in business revenue, education, housing credit, and income. The study determined that since the year 2000, continuing discriminatory practices in the four areas mentioned in the prior sentence resulted in a loss of 16 trillion dollars in GDP.

Thats 800 billion per year right now. Add 4.8 trillion to the sums for the yeas from 2020-2026, and we can divide that by 43 million. That's $55,813.95 per black person just for these 26 years. So multiply that by 4 because of the events of the at century, an excluding slavery, and that equals $223,255.80 per person. This could be a lump sum, or annuitized payments for specific period of time.

 

[jacksonlamb]

That obviously not true. What is OAN?

It's obviously true.

 

[IM2]

No disagreement about past biases. The problem is "What to do about it?"

Again, I disagree with just giving away money. Even low interest loans for homes and businesses would be a problem since, as proved by the Democrat plan of low interest college loans, it leads to cost inflation. Once colleges realized students could get low interest loans, they jacked up their prices which is why many colleges are so costly.

Better, IMO, is to invest in the community with better schools, enticing businesses to invest in the area, better police to drive out gangs, etc.

I understand your position, but since other group have been given reparations without conditions we should be allowed the same. I am quite confident that we will be able to create the things necessary with the money. Whites who have never been black and make assumptions based on their beliefs that stem from false stereotypes really have no right to be in this conversation. But this is America so...

 

[Bad Bob]

You assume thing that should not be assumed. Other groups have been given reparations without conditions and were able to start buisnesses even if they didn't have much education.

We don't have to go back 150 years. We could determine the sum based on this:

Citygroup did a study focusing on U.S. GDP from 2000 until 2020. The study revealed huge losses in GDP due to continuing discrimination against blacks in business revenue, education, housing credit, and income. The study determined that since the year 2000, continuing discriminatory practices in the four areas mentioned in the prior sentence resulted in a loss of 16 trillion dollars in GDP.

Thats 800 billion per year right now. Add 4.8 trillion to the sums for the yeas from 2020-2026, and we can divide that by 43 million. That's $55,813.95 per black person just for these 26 years. So multiply that by 4 because of the events of the at century, an excluding slavery, and that equals $223,255.80 per person. This could be a lump sum, or annuitized payments for specific period of time.

Like the 9/11 families? I disagreed with that too.

I'm not disagreeing that something should be done, just that giving away money isn't the best way to do it.

FWIW, the only thing I ever got from Uncle Sam was a low interest college loan for $10K in 1977 to finish college. It took a decade to pay it back. No one ever compensated me for the mistreatment of my Irish and Scottish ancestors.

 

[excalibur]

There would be less rending of garments had Trump just kept the settlement himself.

But hey, there's 1.whatever billion out there and the dems want a cut.

That was part of the argument they made in court, Democrats aren't getting a share.

 

[late]

The problem with jotathoughts rant is that white have been given huge sums of money for economic development while excluding us and still complain today. This argument coming from such people are dishonest and steeped in the belief that white are entitled to everything. The problem with that belief is that we pay taxes, and our tax money has helped whites while we have been made to suffer. Last, we aren't just talking about 150 years ago an they know it..

White Supremacists...

 

[late]

That was part of the argument they made in court, Democrats aren't getting a share.

Is just me or did the number of lies coming from you guys just take a big jump up?

 

[jacksonlamb]

I am less than 5% African American black. Apparently, a great great Grandmother was a slave in New Orleans.

Do I get money because of that? I don't feel I am 'black'. I have done very well.

How does one do reparations? I don't have the foggiest?

 

[jacksonlamb]

That was part of the argument they made in court, Democrats aren't getting a share.

If J6xrs do, Judge Smith certainly will.

 

[excalibur]

Is just me or did the number of lies coming from you guys just take a big jump up?

Facts are not lies, except to the left.

 

[IM2]

I am less than 5% African American black. Apparently, a great great Grandmother was a slave in New Orleans.

Do I get money because of that? I don't feel I am 'black'. I have done very well.

How does one do reparations? I don't have the foggiest?

Reparations are not just because of slavery. We could actually make a demand for reparations that has nothing to do with slavery, if that is the source of confusion.

 

[Lisa558]

You miss the point. None of the 6 million Jews killed in the Nazi holocaust got a single penny of compensation. But their heirs (descendants) received compensation for their losses.

No they didn’t. My grandmother lost her own mother, sister, BIL, and four nieces and nephews - and never received a thing. My other grandmother lost her uncle, aunt, and cousins. She never received a penny either, nor did anyone in her family.

The people who got reparations were the survivors, and it was only a few hundred dollars a month anyway. That was my step-grandfather, who suffered physical problems for the rest of his life due to the starvation diet.

Besides, blacks received reparations for two generations by being prioritized for college and grad school admissions, jobs, and promotions,

 

[AZrailwhale]

You miss the point. None of the 6 million Jews killed in the Nazi holocaust got a single penny of compensation. But their heirs (descendants) received compensation for their losses.

It's pretty damned hard to pay compensation to dead people!

 

[AZrailwhale]

We are the laughing stock of the world

We would be better off if Kamala was President.
Trump would be in jail

Trump would not be in jail. Harris would screw up the presidency just like she has screwed up every other job she has held. Iran would have nukes already and quite possibly have handed one or more off to Hamas or Hezbollah to use against Israel if the Mullahs didn't decide to use them themselves.

 

[AZrailwhale]

Will education improve if you spend less?
Will the homeless disappear if you stop caring for them?
Will college become more accessible if you stop helping students attend?

1) Yes in many cases. Local decisions are better than decisions made in D.C..
2) Yes in almost every case. Look at where the "homeless" are. They are almost all in places that pay them and offer them benefits.
3) Yes, college expense increases are a direct result of federal policies encouraging students and paying for them with guaranteed loans and grants, so colleges raised their rates by hundreds of percent. Take away the subsidies and mandates and costs will be reduced to match actual revenues.