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 ...
I’ll be buying up the hair extension industry.
He's not even black.
Do it. The hilarity in the crime spike of B on B crime would be priceless, if not tragic.
Pay it all in Food Stamps, or Give them a free house in Detroit.
Then it’s a useless waste of Internet tubing...;-)
I'd move if I could....
I was just thinking about how it's still the sixties, after fifty years. In the sixties, fifty years ago was WWI, ancient history. Now, we we are still living the sixties of fifty years ago. Depressing.
Give them reparations and a one way ticket to Africa for those who want the gravy train.
Reparations for all civil war families is in order, confederate and U.S.
Yep. That is how I see it too.
Not another dime.
God bless him for trying but let me explain human nature:
Win the lotto - blow the lotto. FAST.
Receive an inheritance - blow the inheritance or cling to it so hard in a bank, you die and your kids get it and they blow it - FAST.
It may be justice technically, but it will not help any of these folks.
What we ought do is instead of giving poor people welfare, give them “40 acres and a mule”: give them a profession they can work really hard in, that has a lot of risk, but gives them a chance to pull themselves up in self-respect, succeed or fail, to take on confidently their own future and rear kids similarly. They ought not be fed but worked hard in a field they can self-provide in. If they want a better one, they can go get it.
Nothing is more demeaning that chronic unemployment and dependence on another ethnicity to feed your kids. That’s what’s happening. No wonder they hate whites, feel racism is everywhere. It’s inner shame as well. I would feel the same way; a christian unable to get a job in a muslim country, and having to take welfare checks from Imams to feed my kids. What would my kids think of me, of Christianity? Little. At first I’d be very thankful...
Chronic unemployment: when you’ve been out so long that you’re not even confident you could get (in trying to get) half the job you used to have and were exceptional at.
The “Obamaphone” mentality and free stuff will live in perpetuity . Pitiful, I truly feel sorry for these entitlement junkies.
If that happens I’m opening a combination Liquor store, Weave store, Cosmetic Dentist and Spinner Rims store because by Wednesday of the week it happens the money will be right back in Whiteys hands....
My ancestors were emancipated in 1862. Do I get me some cash?
( Should not matter it was the Tsar)
Deal.
50k ONE time, no more welfare.
It would be a bargain....
It would be gone - ALL gone - in less than two weeks.
But I'm not 'racist'!
Since a black man is President, I guess they’ll be ponying up to white people?
do you really think that would be the end of it?
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