Netflix moving $100 million of cash holdings to black-owned banks

New York Post ^ | June 30, 2020 | Nicolas Vega

[ConservativeStatement]

Netflix is pledging $100 million to support black-owned banks, the company announced Tuesday.

The streaming video giant announced that it would shift 2 percent of its cash holdings to African American-owned US financial institutions in order to “directly support Black communities in the US.”

[Gene Eric]

Or an eventually laundered donation to the Rat party.

[rhinohunter]

So Netflix has $5 bil in cash just sitting around?

What’s with all the stories I’ve read about Netflix burning thru all its cash to create original content?

I guess just more fake news...

[Phillyred]

Judge them on the color of their skin...just like MLK would want.

[Phillyred]

Some racism is gooooood.

[funfan]

Isn’t he doing something with netflix? His little mitts are in everything.

[GOPJ]

I’m OK with this... People in the black community who own banks, stores, small businesses, ministers etc. SHOULD be the backbone of the community. (rather than poverty pimps, violent ‘protestors’ and criminals...)

[MNDude]

Some form of money laundering going on I bet

[tinamina]

Maxine Waters’ husband’s bank?

[Lurkinanloomin]

Cancel Netflix.

[Lurkinanloomin]

plus the Spanish/ Mexican settlers.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

The ones who arrived here in the last 30 years have already colonized big chinks of the country

[Lurkinanloomin]

big chunks of the country

[ConservativeMind]

When they broker these deposits out to other banks to get every dollar covered under the $250,000 account limit for FDIC insurance, the bank will be left with only $250,000 itself.

Way to stand up for that “black” bank, Netflix!

[moehoward]

So what, that’s like saying from now on only black people will wash my car.

[alexander_busek]

Headline should instead read:

Netflix moving $100 million of cash holdings away from Jewish-owned banks

Explains "Jews already control too much money"

Would make their racism more obvious to the I.-Q.-impaired.

Regards,

[Linda Tripp]

Blacks make up 13-14% of Americans. It’s awful white of them to give them a token 2%.

[Linda Tripp]

Combined value of their stock is around 200 Billion Dollars.

[UnwashedPeasant]

What about Latino owned banks?

Do Latino lives matter?

[caww]

The Obamas are stake holders plus in Netflex.

[familyop]

That's part of the "woke" and "equity" brainwashing campaign. These pushes for changes are coming down from global corporate bosses (plutocrats) and the academics owned by them. Linguistic activism has been a problem for a long time.

Have you noticed the recent use by your plutocratic dictators of the word, inequity, instead of equality? Do you know why? You don't. I'm working on information to add to this message and will tell you later.

https://www.merriam-webster.com/dictionary/inequity Merriam-Webster

in·​eq·​ui·​ty | \ (ˌ)i-ˈne-kwə-tē How to pronounce inequity (audio) \ Definition of inequity
1: INJUSTICE, UNFAIRNESS
2: an instance of injustice or unfairness

http://www.dict.org/bin/Dict?Form=Dict2&Database=*&Query=inequity

From The Collaborative International Dictionary of English v.0.48 :

Inequity \In*eq"ui*ty\, n.
Lack of equity; injustice; wrong. "Some form of inequity."
--H. Spencer. Inequivalve

From WordNet (r) 3.0 (2006) :

inequity
n 1: injustice by virtue of not conforming with rules or standards [syn: unfairness, inequity] [ant: equity, fairness]

[lewislynn]

We have a relative that lets about 6 families use their login info to watch Netflix.

My wife uses it. She's hoping that whoever gets the bill will continue to pay it.