Posted on 10/21/2019 6:39:14 PM PDT by usafa92
Princeton Theological Seminary will set aside more than $25 million to pay reparations for its historical ties to slavery, thrusting the seminary to the forefront of a national debate over how Americas should reconcile with its slave-owning past.
Calling the payments an act of repentance, President M. Craig Barnes said in a statement Friday the seminary is committed to telling the truth," even though the seminary itself never owned slaves.
Founded in 1812, the seminary benefited from the slave economy through investments in Southern banks and from donors who profited from slavery. Its founding faculty and leaders used slave labor during their lifetime and some advocated for sending free black men and women to Liberia, according the seminary.
The Seminarys ties to slavery are a part of our story," Barnes said. "It is important to acknowledge that our founders were entangled with slavery and could not envision a fully integrated society... We did not want to shy away from the uncomfortable part of our history and the difficult conversations that revealing the truth would produce.
(Excerpt) Read more at nj.com ...
Who are they going to pay?
They can do what they want but I hope donors take notice of where their money is headed.
And exactly who will get these funds. The blurb quoted says that the funds will be “set aside”. It sounds an awful lot like virtue signalling that won’t even cost them any money!
Oh wait. It doesn’t say they are actually going to pay anyone, they are just going to “set aside” $27 million.
Hahaha ... Suckerrrrrrs!
So who are the former slaves they are giving the money to?
White people are becoming such pussies.
America’s already paid a trillion-plus, and continues to pay, everyday; why waste another US Taxpayers’ cent? They just squander it.
Why only 27m? Shouldn’t President M. Craig Barnes kill himself?
I want in/on this ‘gravy train’.
What do I have to do?
It says money will be given away in scholarships to descendants of slaves and underrepresented groups. I wonder what kind of proof applicants will need to present to be eligible. Sounds like a recipe for fraud. I wouldn’t donate to these schools.
Who are they paying? Enjoy the mega tuition increase, fools.
Mindless virtue signaling dressed up to hide caving to a handful of black seminarians. $27M taken from an endowment of nearly $1B.
It’s more about funneling money to leftist activist organizations. The virtue signalling is secondary. I expect this progressive confidence trick will pick up in frequency. It’s a riff on the Obama admin DOJ settlements scam.
Maybe this is a (potential) molestation pre-lawsuit settlement posing as reparations?
“Who are they going to pay?”
Read the article!
“The blurb quoted says that the funds will be set aside. It sounds an awful lot like virtue signalling that wont even cost them any money!”
Sounds like you didn’t read the article!
“White people are becoming such pussies”.
That’s for certain. Some of the men even wear pink hats.
Can I get some? Though I’m white I self identify as a black descendant of a slave.
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