San Francisco’s ‘Reparations Committee’ has drafted a proposal to hand out $5 million to each Black long-term resident and forgive all their debt as compensation for the years of supposed systematic oppression experienced by the city’s Black community since its foundation.
The committee, known as the San Francisco African American Reparations Advisory Committee, released a draft report on Monday seeking “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,” even though California was never a slave state.
“While neither San Francisco, nor California, formally adopted the institution of chattel slavery, the tenets of segregation, white supremacy and systematic repression and exclusion of Black people were codified through legal and extralegal actions, social codes, and judicial enforcement,” the draft states.
The proposal makes a range of financial suggestions for Black San Francisco citizens, including a staggering one-time payment of $5 million to each qualified individual, a policy that would almost certainly bankrupt the city.
“A lump sum payment would compensate the affected population for the decades of harms that they have experienced and will redress the economic and opportunity losses that Black San Franciscans have endured, collectively, as the result of both intentional decisions and unintended harms perpetuated by City policy,” the draft states.
To be eligible for the program, the applicant must be 18 years old and have merely “identified” as Black or African American on public documents for at least 10 years. Applications must also have been born in San Francisco between 1940 and 1996 and have proof of residency in San Francisco for at least 13 years,” and/or a “direct descendant of someone, incarcerated by the failed War on Drugs.”
“Racial disparities across all metrics have led to a significant racial wealth gap in the City of San Francisco,” the draft argues. “By elevating income to match AMI, Black people can better afford housing and achieve a better quality of life.”
The plan also includes “a comprehensive debt forgiveness program” that would “clear each eligible person’s student and housing loans, credit card debt, etc.”
“Black households are more likely to hold costlier, riskier debt, and are more likely to have outstanding student loan debt,” the draft explains. “When this is combined with lower household incomes, it can create an inescapable cycle of debt. Eliminating this debt gives Black households an opportunity to build wealth.”
The committee submitted the draft proposal to the San Francisco Board of Supervisors last month and have yet to receive a response. However, the Board of Supervisors President Aaron Peskin told the San Francisco Chronicle he hopes the plan is approved. “There are so many efforts that result in incredible reports that just end up gathering dust on a shelf,” Peskin said. “We cannot let this be one of them.”
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Fools, So many other more important things that are needed in San Francisco and they waste their time on that b*lls**t.
ALL they care about is wasting time, AND OUR money.
Utter insanity. Every lunatic in the country must live in San Fran and The People’s Republik of Kali4nya.
They can have it. I hope all the TAXPAYERS smarten up and bail out of that asylum. They’ll be busy giving billion$ of dollars to people who didn’t EARN it when no one’s paying taxes.
Biggest pile of hogwash I’ve ever heard.
They will just DEMAND the feds bail them out. AND unfortunately, i can EASILY SEE them getting it.
Boy, would I like $5 million and total debt forgiveness !!!!
This is the definition of STUPIDITY. Another Robin Hood approach to redistribution of wealth. I’m sure creditors will not be happy with the loss of income due to loan forgiveness, and banks will lose big time when mortgages are forgiven. A great way to cause the city to spiral into oblivion!
Exactly. IF THEY ARE BEING paid 5 mil each, THEY CAN TAKE CARE of their own bloody debt!
This could only happen in the land of fruits,nuts and flakes aka Calimexifornia.
Every time I think I’ve heard the most stupid thing possible out of the mouth of DemonRats, they go and make yet a more stupid statement.
This is just a ploy to “virtue signal”. Where will it all end?? I’ve always said that there is no end to our paying for “systemic racism”. It’s not possible to ever repay for past transgressions. Because they don’t ever want the debt paid. If the debt was ever paid, they would be out of business. They NEED to continue race baiting and stirring racial hatred to further their agenda.
We who never held slaves are being penalized, and required to pay those who never were slaves “reparations”. It’s all a bunch of garbage for fools to swallow.
IT will never end. Period.