Posted on 03/11/2023 2:31:38 PM PST by Twotone
As the city of San Francisco debates how to pay for a legacy of racism, its slavery disclosure ordinance asking businesses that contract with the city for voluntary donations to "ameliorate the effects of slavery" has not received a donation in seven years.
San Francisco's Human Rights Commission released a memo in December 2022 that advocated the city give $5 million to each eligible Black resident. The U.S. Census estimated about 42,390 Black residents in the city in 2021. The commission didn't say how many people would be eligible for the $5 million.
In 2006, San Francisco created a "slavery disclosure" ordinance under then-Mayor Gavin Newsom. The ordinance requires businesses that contract with the city to research its company's history and report any financial transactions and activity that may have been part of the slave industry.
In 2015, two businesses acknowledged in their affidavits that they had ties to predecessor banks that benefitted from the slave trade.
Bank of America stated it couldn't find an instance where any Bank of America legacy banks made a profit from slavery but did confirm "a direct connection to slavery by Southern predecessor banks."
U.S. Bank National Association stated it acquired southern banks and identified records of founders or directors of predecessor banks who owned slaves. It also included a record showing the use of a slave as collateral for a loan.
That ordinance also encourages city contractors to make "contributions to a Special Fund to ameliorate the effects of slavery." The most recent annual report in March 2022 states, "In February of 2015, letters requesting voluntary contributions were sent to all City vendors covered by the ordinance. No responses were received."
(Excerpt) Read more at justthenews.com ...
Working for slave wages?
Say it ain't so
Are the countries in Africa which sold the slaves going to pay the reparations? Is the US still giving aid to these countries?
At a fine restaurant somewhere.
Al Sharpton and Rev. Jesse Jackson after a $250 meal.
Sharpton: “Some shakedown. No cash in 7 years? Gimme a break.”
Jackson: “Low down amateurs, I gotta tell ya’.
A race war is right around the corner. All by design.
Maybe they should take the funds from Silicon Valley Bank.
It will not last long.
I want the job of collector for this fund but there must be all Democrats running this already. Likely a huge salary for no work at all.
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