BET founder Robert Johnson calls for $14 trillion of reparations for slavery

GatorStaceyAdams

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:leon:
Robert Johnson, founder of Black Entertainment Television, told CNBC on Monday the U.S. government should provide $14 trillion of reparations for slavery to blacks to help reduce racial inequality in the nation.

The wealth divide and police brutality against blacks are at the heart of protests that have erupted across the nation following last week’s killing of George Floyd during an arrest in Minneapolis.


“Now is the time to go big” to keep America from dividing into two separate and unequal societies, Johnson said on “Squawk Box.” “Wealth transfer is what’s needed. Think about this. Since 200-plus-years or so of slavery, labor taken with no compensation is a wealth transfer. Denial of access to education, which is a primary driver of accumulation of income and wealth, is a wealth transfer.”

BET founder Robert Johnson calls for $14 trillion of reparations for slavery
 

Luke Cage

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bnew

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Is 14 trillion enough?

:ld:

The Case For Reparations: 40 Acres and a Mule Would Cost America at Least $6.4 Trillion Today (from 2015)

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Wildhundreds

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Fck all that "wealth transfer" talk..

American capitalism by the elite has stolen from its citizens..

The mayor of this city just signed a casino deal, while she has a lockdown on the average small business owner..

The wickedness must stop.
 

CashmoneyHotBoy

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America make this happen now or this country will really burn to the ground. 14 trillion to ados immediately in cash payments. People want it in cash get it in cash. People want it in land get it in land. People who want it in education get it in education. People who want it in tax free get it in tax free
 

TL15

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About 370 thousand per person


Don’t really know if that’s good or bad. I’d prefer free access to schools, housing subsidies, free transportation, and money specifically set aside for black home ownership and business development... but good for him for speaking up :salute:
 

GatorStaceyAdams

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350,000 per person? Yeah id say so.

That would allow us to
  • Pay off any student loans, CC or healthcare debt.
  • Purchase a tangible asset, or at least put down a considerable amount for a mortgage.
  • Allow most to leave some sort of inheritance for their offspring.
  • Gives many the opportunity to try their hand in entrepreneurship.
Wouldnt 'close' the gap at all, but at least we would be in the game.

Just have to watch for the usurpers.
 
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