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

tuckgod

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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.

It would make a huge difference if we all took that, built our own communities, and started keeping our money in the community like the Jews and Chinese.
 

Amerikan Melanin

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There would need to be financial education on what to do with the money. Along with access to interest free or low interest loans 1-2% interest. Tax free status for 50yrs.

375k liquid is a life changer If you are educated.

pay down high interest debt.

form LLC’s to hide assets.

Use low interest loans to invest with. try not to use your own money.

buy properties.

invest at least 20% in the stock market or some type of fund.


Don’t go out and buy a bentley. Lease it under your LLC.

there will be plenty of black people that will be broke in a year but make sure you ain’t one of them.
 

Th3G3ntleman

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Now watch him only hold this standard of reparations to democrat while he enjoys his republican tax cuts. He ain't fooling nobody with this shyt. He showed his ass already.
 

Wayans Brehs

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I think 350k per ADOS is not enough. They need to add things like no fed/state income tax, free healthcare (or at the very least, no premiums taken out of check), 0% interest loans for business/housing, etc for X amount of years.
 

DrBanneker

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It’s a start. But I don’t like the idea of money just being handed out so easily. I rather it be put into Real Estate, Schools, farms / agriculture, tech start ups, etc.

Then once those items above are accomplished, then receive money on top of that.

I agree, since we need things to build wealth and establish education. I hate to say it but giving a lot of folks a check will lead to them being fleeced by friends, family, etc. If that money flowed into non-Black business owners in the hood without creating Black business it would be the ultimate L.
 

you're NOT "n!ggas"

FKA ciroq drobama
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We will have her comment by noon, but for now we have his


Tonight's broadcast is being redrafted as we speak
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King Poetic

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talking about it on tv isn't enough. he and other powerful black leaders in the business community need to be out here lobbying for reparations.

agree.. if you have the voice, money and connections like he does , they need to communicate with the rest of high power people and go fight for it
 

Luke Cage

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It would make a huge difference if we all took that, built our own communities, and started keeping our money in the community like the Jews and Chinese.
Most definitely. In fact i trust the majority of black folks to do the right things with their money. You gonna have few people that give it right back to white people, the clout chasing type who want all the luxury and shyt. But for the most part black folks will build each other up given the opportunity. We've done it before and the ones that are capable continue to do it now. That crab in the barrel mentality is a myth. Wealthy black people always give back to their communities. In fact we tend to have to opposite problem. I see rich black people go broke all the time trying to put everyone on. Helping your friend with his high risk low reward start ups.
 
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