Posted on 10/15/2014 10:52:21 PM PDT by 2ndDivisionVet
Reparations will amount to a transfer of wealth from the more powerful to the more powerless. This is the closest approximation of justice that I would imagine is possible.
We will now engage in some purposely simplified back-of-the-envelope math. Imagine a nationwide, one-time infusion of wealth to those who live at the lower end of America's economic pyramid. Let's take as our starting point that Black households have roughly 60% of the income and 5% of the wealth that White households do. (Hispanic households have just a tiny bit more wealth than Black households. Median household net worth is about $81,000. Average household net worth, which is swelled by the fortunes at the top, is $535,000.) For the sake of argument, let's be exceedingly modest in our goals: let's imagine giving an amount of money that would give the average Black household at least more than half of the wealth of the average White household. We can calculate this very neatly: if Black households have 5% of White net worth now, let's add 50% to that, giving the average Black household 55% the net worth of the average White household, which is something north of $110,000. Sticking with our neat, clean, and modest estimate here, let's round half of that down to $50,000.
Fifty thousand dollars per household. This would be enough in theory to raise the average Black household to at least half of what the average White household has in wealth....
(Excerpt) Read more at ebony.com ...
If this happens, I am investing in gold chains, fancy Vietnamese nail painting and long leather overcoats. I’ll make a killing.
Used Escalades, 300Cs and C-Classes.
Pigford case?
They know it. Even Rush has explained it.
Let them know the Muslims sold them to the Dutch and they get it.
Tell it to some idiot at Rutgers or Stanford and watch their head explode.
Hell, I could have found a “farmer” on the streets of Nashville to qualify for that.
A lot of good that did.
Black would-be thieves openly express their intention to employ the government as their personal stick-up man.
Nothing shocking here; they’ve been doing the same thing since the Sixties with an endless variety of Leftist scams.
It's not cruel. It's true.
Given that most of the slave years were during the Little Ice Age, how many weeks out of each year were spent picking cotton?
Migrant workers continually move from harvest to harvest for different crops. When there is nothing to harvest, they return to Mexico (or wherever), and start over next season. Slaves stayed in one place. They didn't go back to Africa in between cotton-picking seasons. But they were cared-for year-round. Migrant workers should have it so good.
Poverty is a state of mind. If every single black American was given $50,000 then what? Would that mean we cancel ALL welfare payments to the black community finally? Would lifelong, generations long, welfare recipients give up all their freebies for a one time payment?
I have rented my house out to welfare recipients. They were paid WAY more than $50,000 per year in government handouts they never had to pay back. The rent, utilities, medical care, and food were all paid for by us taxpayers.
Anyone who is on welfare will be on welfare in a couple months even if they get a $50,000 check.
At 35, after some bumps in the road, my net worth was a MINUS $10,000. Twenty-five years later, I have much more than average net worth.
Why should I have to pay money to people who, with a 15 year head start, can’t catch up to me because they didn’t make good choices?
Good point about slaves at least mostly stayed put on one plantation. Were not migrant farm workers
Correct.
It is discipline with money that allows one to move on.
The LOVE of money IS the ROOT of all EVIL.
Because it’s not fair, blah, blah, blah. Check your privilege, yada, yada, yada.
Ok we give them 50K, they blow it on stupid choices- do we then give them another 50k.
Let them touch those things!
50k? 0ne year.
Subtract all the social aid and costs, then bill them.
We don't need to.
Slavery is STILL LEGAL and ALWAYS WILL BE under shariaa law!
Take it to the source! islame is to blame!
the entire welfare system has pumped trillions of dollars of reparations to people who were not a slave a day in their entire lives.
You’re right. It will NEVER be enough.
So instead or helping himself, he’s hanging around wondering how much money he can get from white people.
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