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

GoAggieGo.

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Pretty good interview, and I agree with many points he was making. He started to get off track a bit talking about the police, but I won’t let that push me off his main points.

Never knew about the PIP, and how the black congress originally felt when it came to voting. That was an interesting point
 

JT-Money

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Had a meeting the other day about this with several colleagues from different departments. Because this is the type of shyt people in my circle do when we bored.

This whole conversation started because several professors have been pushing the idea that protest/revolutionary moments like these need to be leveraged for real change. So somebody had the bright idea to draw up a list of systemic reforms necessary and we will submit it to local senators and house representatives and Biden’s think tank.

Here’s what we’ve come up with so far.
In addition to a cash payout (didn’t decide on a number yet), we need the following reforms:

1.) Juvenile Justice System

-We need the identification of white supremacist groups as national terrorist threat.

-Investigation of all local law enforcement officer records, and removal of any with racist and/or other misconducts. Removal of commissioners who hired or failed to discipline racist officers.

-Mandatory non-violence de-escalation training and racial sensitivity training for police officers. Programming and grants geared towards increasing black male and females in law enforcement.

-Criminal decriminalization of marijuana. Release of all prisoners convicted of non-violent possession charges.

-Grants to provide a network of quality lawyers and legal representative teams specifically for African American communities. (Idea from a law professor who said legal representation is a huge part of why so many blks are behind bars.)

-Investigation of judges and removal of judges with demonstrated history of racism.

-De-privatization of jails and prisons. (I dunno what this is about.)

-Expansion of Mandatory prison training programs. During time served, prisoners select a career path and receive training and certification in their perspective careers. Mandatory therapeutic counseling programs, and transitional behavior training to provide newly released prisoners with support on their reintergration back into society.

-Federal Hate Crime Registry-Operates just like the Sex Offenders registry. If you engage in racial hate crimes such as false police calls on blacks, false rape accusations, racially motivated crimes, you will be convicted and branded. This record will be considered before job/housing offers. (Fukk u Karen)

-Mandatory culturally responsive behavior management training and instructional training incorporated into all teacher college preparation programs and licensing pathways for k-12 and early childhood instructors and administrators.

2.) Healthcare
(We need more input here)
-Free healthcare and counseling for all African Americans (but would you trust it?)

3.) Education
-Student Loan forgiveness for African American Students separate from reparations payout

-AA students attend college for free.

-Increased directed funding to African American k-12 schools.

-Mandatory changes to the curriculum to include emphasis on African American and Africana studies infused within all disciplines.

-Inclusion of k-12 and adult financial literacy training classes to be completed.

-Programs to increase black teachers and school leaders

-Grants to eliminate book deserts.

-Grants to revitalize blk schools and renewed interest and funding of the arts.

-Mandatory early childhood training

-Parental and family counseling

4.) Environment
-Persecution of big businesses and companies that dump toxic waste and trash into poor and black communities.
-Special grants given to black agriculturalists and conservationists.

5.) Homeownership (these ideas come from a professor of urban development)

-Establish a federal investigation into the impact of racism on black homeownership and city development.

-Pending results of investigation charges filed against any entities blocking or attempting to block black homeownership or business development.

-Elimination of redlining tactics

-Zero percent interest rates and down payment assistance for black homebuyers.

-Government incentives for development of quality affordable housing communities using sustainable materials.

-40 Acres and A Mule program-Blacks who wish to be off the grid homesteaders receive training, funding, and assistance to create independent homesteader communities (blk Amish)

-Government revitalization of black neighborhoods and city development for better urban communities.

-Expansion of carefully planned public transportation systems developed for convenience for black communities.

-Subsidies and tax breaks provided to healthy grocers and businesses developed in black communities.

-Rent to own programs to help blacks who rent in their transition to home ownership.

Black Economics
- Free lifetime financial planning for all African Americans
-Black credit reset-All African Americans with credit scores below 600 are reset at 650.
-Government subsidies and tax breaks for black caretakers of the elderly
-Mandatory job guarantee stipulation from educational and certification institutes for African American students.
-Establishment of black unions to protect rights of black workers

One economics professor indicated that these changes would actually STIMULATE the overall American economy and create jobs this paying for reparations themselves. More on the way. Any suggestions will be discussed too. Just ideas for now. Some are compiling research to support these ideas.

The money is only a start.
 

Houston911

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That means every black person would get around 376K. That wouldn't change the wealth disparity between whites and blacks, but that would be a nice life changing sum.

:dahell:

how would 376k for every black person not change the wealth disparity when the average white HOUSEHOLD doesn’t even have 376k?

this would change the world literally overnight
 

Luke Cage

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:dahell:

how would 376k for every black person not change the wealth disparity when the average white HOUSEHOLD doesn’t even have 376k?

this would change the world literally overnight
Because 99% of the wealth is in the hands of 1%. and still would be. they are all white and they would still be the top 1%.
Most of the big businesses we spend money at would still be white owned, like Amazon, General Electric, Walmart , pretty much all manufacturing for cars to computers etc
Unless we were given enough to have a real chance of making our own businesses that compete with those, the wealth disparity wouldn't change. We would just be real comfortable in the upper middle class for a generation or two before the numbers starting trending back down again. we need enough to be truly autonomous from all white businesses to really bridge the gap.
 

Houston911

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Because 99% of the wealth is in the hands of 1%. and still would be. they are all white and they would still be the top 1%.
Most of the big businesses we spend money at would still be white owned, like Amazon, General Electric, Walmart , pretty much all manufacturing for cars to computers etc
Unless we were given enough to have a real chance of making our own businesses that compete with those, the wealth disparity wouldn't change. We would just be real comfortable in the upper middle class for a generation or two before the numbers starting trending back down again. we need enough to be truly autonomous from all white businesses to really bridge the gap.

:dahell:

If you give 376k to blacks we would have over 10 percent of the wealth in America.....and that’s assuming every black person was starting with 0 dollars
 

CashmoneyHotBoy

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Black Empowerment/Reparations For ADOS
Because 99% of the wealth is in the hands of 1%. and still would be. they are all white and they would still be the top 1%.
Most of the big businesses we spend money at would still be white owned, like Amazon, General Electric, Walmart , pretty much all manufacturing for cars to computers etc
Unless we were given enough to have a real chance of making our own businesses that compete with those, the wealth disparity wouldn't change. We would just be real comfortable in the upper middle class for a generation or two before the numbers starting trending back down again. we need enough to be truly autonomous from all white businesses to really bridge the gap.

Well we can start with black people getting that $367k a piece. Ok now every black person has $367k what would suggest next?
 

Luke Cage

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:dahell:

If you give 376k to blacks we would have over 10 percent of the wealth in America.....and that’s assuming every black person was starting with 0 dollars
We would have 10 percent of the cash. Not wealth, thats not how it works. We have more black billionaires and millionaires than ever the wealth gap is still trending downwards. The wealth is determined by how we utilize the dollars, not by simply having it. Unless we pooled all that money and did something major with it 99 percent of the wealth would still be white. The average of white households you keep alluding to is still just an average. That everyone from trailer trash to Bill gates.
 

Houston911

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We would have 10 percent of the cash. Not wealth, thats not how it works. We have more black billionaires and millionaires than ever the wealth gap is still trending downwards. The wealth is determined by how we utilize the dollars, not by simply having it. Unless we pooled all that money and did something major with it 99 percent of the wealth would still be white. The average of white households you keep alluding to is still just an average. That everyone from trailer trash to Bill gates.

This is 100 percent false

“In 2018, U.S. households held over $113 trillion in assets. For context, that is over five times as much as all the goods and services produced in the U.S. economy in a single year. If that amount were divided evenly across the U.S. population of 329 million, it would result in over $343,000 for each person. For a family of three, that’s over a million dollars in assets.“


So no, 99 percent of the wealth would not be held by one percent

blacks would hold over 10 percent of the countries wealth even if we were all starting with not a single dollar/asset to our name

our wealth would be damn near proportional to the percentage of the population that we make up
 

Luke Cage

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This is 100 percent false

“In 2018, U.S. households held over $113 trillion in assets. For context, that is over five times as much as all the goods and services produced in the U.S. economy in a single year. If that amount were divided evenly across the U.S. population of 329 million, it would result in over $343,000 for each person. For a family of three, that’s over a million dollars in assets.“


So no, 99 percent of the wealth would not be held by one percent

blacks would hold over 10 percent of the countries wealth even if we were all starting with not a single dollar/asset to our name

our wealth would be damn near proportional to the percentage of the population that we make up
All im saying is Having 14000 more black black billionaires would have greater impact on the disparity than having 14 trillion more black middle class people even though the amount of cash is seemingly the same. Like i said before 14 trillion would help, but ultimately its only enough for one or two generations of change given our current disparity. We need enough where we could realistically keep the majority of the dollars in our community, 14 trillion isnt enough.
 
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