San Francisco Reparations Committee Proposes Paying $5M to Black Residents, Loan Forgiveness, Report

From justthenews.com

city of San Francisco advisory committee is reportedly proposing paying every black longtime resident $5 million.

The proposal released last month by the African American Reparations Advisory Committee calls for a “one-time, lump sum payment of $5 million to each eligible person” and creates “legal structures to protect those who receive reparations from financial speculators or predators including court block accounts/trust accounts,”  according to The Daily Mail.

The proposal, if adopted, also would supplement lower-income black households to “reflect the Area Median Income annually for at least 250 years,” which would have brought such incomes up to $97,000 in 2022.

The plan additionally calls for financing “a comprehensive debt forgiveness program that clears all educational, personal, credit card, payday loans, etc.”

The proposal would cost the city at least $50 billion.

To be eligible for reparations payments, an individual must be 18 years or older and have identified as “Black/African American” on public documents for at least 10 years.

Additionally, they must meet at least two of eight additional requirements from a list of criteria that includes being “personally, or the direct descendant of someone, incarcerated by the failed War on Drugs” or having been born in or migrated to the city between 1940 and 1996 with proof of residency for at least 13 years.

Although California was not a slave state, the reparations would be made to “address the public policies explicitly created to subjugate Black people in San Francisco by upholding and expanding the intent and legacy of chattel slavery,” the draft states.

About 5.7% of San Francisco’s population in 2020 was black while black people make up 40% of the homeless population, the committee said. Source

Brethren, I don’t want to get into a big political discussion about reparations for Blacks. But I will point out that this is simply a ploy by gruesome Newsom to secure the Black vote in CA. I do have a lot more to say on this topic, but I am not feeling up to addressing arguments.

HOW CAN I BE SAVED?

MARANATHA!

8 thoughts on “San Francisco Reparations Committee Proposes Paying $5M to Black Residents, Loan Forgiveness, Report

  1. david

    the 5 million will ruin their lives for most and the people around them. they will need counseling, a lot will be broke in a short time.
    This is funny money and will create inflation and hurt other struggling families.

  2. Eric H. Bowen

    It is always a temptation for a rich and lazy nation,
    To puff and look important and to say: –
    “Though we know we should defeat you, we have not the time to meet you.
    We will therefore pay you cash to go away.”

    And that is called paying the Dane-geld;
    But we’ve proved it again and again,
    That if once you have paid him the Dane-geld
    You never get rid of the Dane.

    Rudyard Kipling, “Dane-Geld” (stanzas 3 & 4), courtesy of The Kipling Society.

  3. Eric H. Bowen

    After consideration, I think that I should add stanzas 5 & 6 (the conclusion)…:

    It is wrong to put temptation in the path of any nation,
    For fear they should succumb and go astray;
    So when you are requested to pay up or be molested,
    You will find it better policy to say: —

    “We never pay any-one Dane-geld,
    No matter how trifling the cost;
    For the end of that game is oppression and shame,
    And the nation that plays it is lost!”

    Hear once again the wisdom of the past. Kipling was in many ways the Solomon of the modern age.

  4. julieg777

    Glad I do not live in San Francisco. Not one person living in the United States today was ever a slave and no one owes them anything . I do believe you are right, Geri, about Newsome trying to secure the black vote. California is already going bankrupt. Where is this money going to come from? By the way, do you think I could get reparations because I am part American Indian? The government stole my ancestor’s land. Just kidding. I don’t want reparations. This is ridiculous!

    1. And perhaps I should scream for reparations because FDR turned away a huge boatload of Jews (over 900) trying desperately to escape Nazi Germany in 1939. FDR said that the U.S. had enough Jews because many came over in 1903 through Ellis Island, NY. My Great grandparents were among them.

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