Posted on 01/16/2023 11:05:11 PM PST by Zhang Fei
San Francisco's reparations committee will propose paying $5million to each longtime black resident of the city in a reparations plan this spring.
To qualify, people need to have identified as black on public records for at least 10 years and be at least 18 years old. They also must qualify for two of a number of requirements, including having been born in the city or migrated to it between 1940 and 1996 and then lived there for 13 years.
It is unclear exactly how many people would qualify should the proposal pass, but if just 10,000 people qualified it would cost at least $50billion.
The proposal will be submitted to Mayor London Breed and the San Francisco Board of Supervisors and the San Francisco Human Rights Commission in June. Board President Aaron Peskin told the San Francisco Chronicle he hopes the proposal will pass.
They were unveiled weeks after the chair of California's Reparations Task Force claimed the state's black residents were owed $1 million each.
The $5million payment to qualifying San Francisco residents is just the beginning of the draft's proposals.
'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 proposal also offers a number of other requirements to be handed out to qualifiers, including the creation of a 'comprehensive debt forgiveness program' which would eliminate credit card and other debts, along with student and housing loans.
'Black households are more likely to hold costlier, riskier debt, and are more likely to have outstanding student loan debt,' the proposal said. 'When this is combined with lower household incomes,
(Excerpt) Read more at dailymail.co.uk ...
Paid by slave labor.
I don’t really see a problem since this will only affect SF residents who obviously want to pay since they keep voting in these people.
Think how they could improve their economy and equity by making 50,000 new billionaires! They would be rolling in dough. Just think of the revenue it would create.........
On a serious note, San Fran and California are a financial mess of their own making AND the former mayor and governor of both is the leading man to be their nominee in 2024.
Can I identify as being black?
I wonder if there will be a mass exodus from San Francisco? If there is a mass exodus, who will buy their homes, when they leave?
Oh, conditions, so NOT every “Black” resident.
Way to tee up the most epic rioting ever!
Having made the proposal, which is surely already being taken as a promise, failure to deliver will also lead to rioting.
So riots and mayhem either way.
I am very glad to be hundreds of miles away!
I have a feeling, thousands will do that.
they have a 14 billion dollar budget
Who will be left to pay for it after the I’m not gonna give away my stuff people flee the city leaving the gimmiestuffians behind? This is a Dr Seuss fable waiting to be written for some SF drag queen’s children’s story hour.
That seals it. I am moving to San Francisco, declaring myself African-American, and getting 5 million dollars for reparations. I will also change my name to Hunter Biden so that I will not be prosecuted for fraud if my claim for reparations is questioned.
That’s preposterous. How can they expect slaves to have ID and proof of residency? It’s not like a slave can be expected to obtain a driver’s license or a voter ID card.
Interesting.
My last name was “Black” before I was adopted.
I’ll make a claim...
Reparations for what? Democrat racism?
clap, clap, clap. So they are going to ask the descendants of coolies that settled in SF when working on the rail roads and in mines to pay this off? In a free state mind you. Way to go.
The ID theft rate will be epic.
Tax Free?
Great idea; just raise taxes 75% and problem solvved.
Not enough
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