Black Californians owed $800bn in reparations for decades of discrimination, say economists

[TBoneTX 43,429]

2 hours ago, Boiler said:

Any mention of what the Welsh will get?

You'll be paid in sheep.  

[Dashinka 23,382]

9 hours ago, Boiler said:

Is that in addition to SF and California reparations 

 

Any mention of what the Welsh will get?

Rhodium status?

[TBoneTX 43,429]

7 hours ago, Dashinka said:

Rhodium status?

This is reserved for Certain Members Who Must Try Even Harder.

Sheepium is feasible for the Welsh.

[Dashinka 23,382]

Makes sense.

 

GOP Ohio Senate candidate Bernie Moreno suggests white descendants of northern Civil War soldiers - 'who died to free black people' - should be eligible for reparations

 

https://www.dailymail.co.uk/news/article-12002879/Republican-suggests-white-descendants-northern-Civil-War-soldiers-reparations.html

[TBoneTX 43,429]

Just speechless.

California's reparations task force comes up with a number:  $1.2 million

 

This is a story about the California Reparations Task Force which was set up by Gov. Newsom in 2020.  An early peek at the task force's work last December suggested they were looking at a total payment in the realm of $223,000 per eligible recipient.  But that was not a final proposal.  This week we got something closer to final numbers. 

 

https://hotair.com/john-s-2/2023/05/03/californias-reparations-task-force-comes-up-with-a-number-1-2-million-n548310

[Dashinka 23,382]

7 hours ago, TBoneTX said:

Just speechless.

Combine this with the loss of tax revenues CA is seeing from the current exodus makes me think the residents that stay and are not eligible for this wealth transfer will see much higher taxes.  Apart from that, as discussed earlier, what about the Chinese slaves CA took advantage of?  What about the Native American tribes still in CA?  I guess this just shows the true racist nature of the Democrats that run CA.

[Nature Boy 2.0 8,330]

On 4/20/2023 at 12:07 PM, TBoneTX said:

This is reserved for Certain Members Who Must Try Even Harder.

Sheepium is feasible for the Welsh.

You already know 

[TBoneTX 43,429]

1 minute ago, Nature Boy 2.0 said:

You already know 

 

[Dashinka 23,382]

It is amazing when Leftist/socialist argue over mass wealth redistribution.  I am still wondering when the Native Americans and Chinese in California will get theirs.  Anyway, I guess those in CA voted for this.

 

California panel approves reparations proposal of up to $1.2 million EACH for black residents... but activists demand more than $200 million at heated public meeting

 

https://www.dailymail.co.uk/news/article-12055465/California-panel-approves-reparations-proposal-life-long-black-residents-1-2million.html

[Boiler 43,760]

 

[Boiler 43,760]

 

Sad to see how so many of these reports have been ratioed

[Dashinka 23,382]

So projecting this entire initiative out, what is the plan if the CA legislature realizes there is not enough money for this, or The governor of CA does not sign a bill allowing for this?  Mostly peaceful riots? 

[MarJhi 925]

What is the end game here? It feels like the final nail in California's coffin. Let's say you fund this by taxing rich white people, then those people decide to take their tax dollars elsewhere. Do you then tax middle class and eventually poor white people? What if they too abandon that sinking ship? So now you have a state where every black person has a million dollars plus in the bank, are they going to work? Who will provide the goods and services to those who think they are financially set? In a place where everyone is a millionaire some smart entrepreneurs are going to come along and adjust the cost of goods and services to match the ability of the customer to pay, prices won't go down, they will go up. That $60 oil change for your car is going to cost $200 because I want my piece of the pie. And don't forget, through state income tax or sales tax, the state of California and cities will be collecting their share of that stolen cash. 

 

There are so many holes in this idea, I for one am hoping it happens.

[MarJhi 925]

49 minutes ago, Dashinka said:

So projecting this entire initiative out, what is the plan if the CA legislature realizes there is not enough money for this, or The governor of CA does not sign a bill allowing for this?  Mostly peaceful riots? 

Let them print their own currency, a California ruble if you will that can only be used in California.

[Dashinka 23,382]

37 minutes ago, MarJhi said:

Let them print their own currency, a California ruble if you will that can only be used in California.

Backed by the full faith and credit of the CA government and their train to no where?