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San Francisco's reparations committee proposes $5M payout to every longtime black resident, as well as debt forgiveness and $97,000 guaranteed income that would cost city $50bn
Daily Mail ^ | 17:43 EST, 16 January 2023 | Alex Oliveira For Dailymail.Com

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 ...


TOPICS: Breaking News; Business/Economy; Extended News; Government; News/Current Events; Politics/Elections; US: California
KEYWORDS: biden; blackthievesmatter; ca; california; democrats; newsom; obama; reparations; sanfrancisco; sanfreaksicko
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To: JohnnyP

They cannot take care of themselves-—Never mind taking care of the mule.


121 posted on 01/17/2023 7:59:46 AM PST by ridesthemiles
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To: Zhang Fei
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.'

Whoa, whoa, whoa. Do tell. Which political party has been running Fran Sancisco lo these many decades?

122 posted on 01/17/2023 8:01:21 AM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all.)
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To: Mark17

“who will buy their homes, when they leave?”

It will be like Detroit. You can’t sell a house for a $1.


123 posted on 01/17/2023 8:02:04 AM PST by alternatives? (The only reason to have an army is to defend your borders.)
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To: Zhang Fei

San Francisco’s reparations committee?

I think I see the problem here.

No matter how much money is given away, the recipients will be broke in a year’s time.


124 posted on 01/17/2023 8:07:11 AM PST by N. Theknow (Kennedys-Can't drive, can't ski, can't fly, can't skipper a boat-But they know what's best for you.)
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To: Zhang Fei

San Francisco’s reparations committee offers new carrot on a stick for votes.

Never saw a broke 3 card Monte dealer.


125 posted on 01/17/2023 8:45:55 AM PST by Vaduz (LAWYERS )
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To: Rockingham
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.

GMTA! I'll see you there!

126 posted on 01/17/2023 9:10:36 AM PST by rockabyebaby (THE BEST IS YET TO COME - (PRESIDENT DONALD J. TRUMP))
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To: Zhang Fei

No free face lifts, boob jobs, viagra, or honorary doctoral degrees? Racist bastards!


127 posted on 01/17/2023 9:13:07 AM PST by muir_redwoods (Freedom isn't free, liberty isn't liberal and you'll never find anything Right on the Left)
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To: Zhang Fei

If this passes, the blacks in every large city in America will demand equal benefits. How much would that cost the nation? You can probably double the debt from $32 Trillion to $64T!!!!! These people have lost their minds (IF they ever had one!!). They propose to give an 18-year-old kid $5 million bucks and all this other stuff. BS. IF I were an 18-year-old, I’d take the cash and leave the stinking cess pool of filth and garbage. Good, freaking, grief. Has this stinking nation lost its minds???? Where is FDR, HST, JFK, Jimmuh Karter when you need them??


128 posted on 01/17/2023 10:20:21 AM PST by RetiredArmy (Jesus Christ is THE Way, THE Truth & THE Life. He and He alone IS THE ONLY WAY TO HEAVEN!! No other)
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To: rockabyebaby; Rockingham

Practice your pimp walks!! The old step and leg behind you, drag.


129 posted on 01/17/2023 10:22:41 AM PST by RetiredArmy (Jesus Christ is THE Way, THE Truth & THE Life. He and He alone IS THE ONLY WAY TO HEAVEN!! No other)
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To: Zhang Fei

Why not just turn over the homes of those citizens who choose to opt out of California altogether by moving to another state?

I think that is a very well-known tactic by authoritarian regimes who choose to drive out minorities or ethnic groups.


130 posted on 01/17/2023 10:23:26 AM PST by wildbill (The older I get, the less the term 'life in prison" scares me)
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To: Zhang Fei; All

Does Patrick Mahomes pay reparations, receive reparations, or both?


131 posted on 01/17/2023 10:58:30 AM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money)
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To: Roccus

I very seriously doubt this actually comes to pass even in SF and certainly not nationwide.
The burocracy required to implement it would absorb a major portion of the funds. 87,000 IRS agents new job?
Australia tried to do a similar scheme for the Aboriginals.
As I recall something like 80%? of the funds went to the cost of implementation!

I will stand by my expectation of this leading to some level of rioting, weather it is a few dozen looters for a day or thousands for a week being the unknown.
If it happens at all those who fail to make the cut for $$$$$ are not going to be happy and many will lash out.

Yes, my being very rural does provide a cushion against such madness.
Not only am I in a mostly rural state I am also very far away from any urban centers.
We probably have less than fifty “Black” folk in the entire county and are too well armed for anyone to come here to make trouble.
Cities are ground zero for all sides of this insanity.


132 posted on 01/17/2023 11:18:18 AM PST by Ex gun maker. (Free thinking is now a radical concept, I will not be assimilated by PC or EV groupthink!)
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To: Zhang Fei
Ol' Fred Funston had the best idea, just didn't finish the job well enough...old solutions are the best solutions


133 posted on 01/17/2023 12:50:56 PM PST by larrytown (A Cadet will not lie, cheat, steal, or tolerate those who do. Then they graduate...)
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To: firebrand

That is covered under tax everybody especially the middle class.


134 posted on 01/17/2023 1:45:34 PM PST by shoff (Vote Democrat it beats thinking!)
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To: Zhang Fei

And I thought CA couldn’t get any stupider.

‘Face

;o]


135 posted on 01/17/2023 1:46:57 PM PST by Monkey Face ( ~~ Only people who aren't happy with themselves are mean to others. ~~ Anonymous)
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To: Monkey Face

Do you think the politicians are trying to start a black / white war ?


136 posted on 01/17/2023 2:08:02 PM PST by no-to-illegals (The enemy has US surrounded. May God have mercy on them.)
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To: Zhang Fei

“”Black households are more likely to hold costlier, riskier debt, and are more likely to have outstanding student loan debt,””

Isn’t that statement considered offensive/racist? They aren’t able to MANAGE money?


137 posted on 01/17/2023 2:12:21 PM PST by Thank You Rush
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To: no-to-illegals

I think someone is, but I don’t know who. They couldn’t do it with BLM and Antifa, so maybe trying to get “reparations” is their ace in the hole. I don’t think it’s going to work, though.

Just keep your faith in the things that matter, and we’ll all be just fine.


138 posted on 01/17/2023 2:33:43 PM PST by Monkey Face ( ~~ Only people who aren't happy with themselves are mean to others. ~~ Anonymous)
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To: Zhang Fei

What about us black-identifiers who could not afford to live in San Francisco?

Why are they discriminating against us?


139 posted on 01/17/2023 6:24:50 PM PST by UnwashedPeasant (The pandemic we suffer from is not COVID. It is Marxist Democrat Leftism.)
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To: Gaffer

As “wards of the state”, American Indians have the option of getting paid to live on a reservation without lifting a finger. It is often a destructive lifestyle but some still opt for it. It seems many urban blacks want the same deal with just much higher cash payments; they are currently on urban reservations where the tax base is dwindling and will soon resemble that of Indian reservations (zero tax base), so they insist on living in more pleasant places where everyone else is working their tails off to afford living there.

This is already unfolding here in NJ where broke cities are farming out their black populations to surrounding suburbs; any new constructions of multi-families require set-asides for “affordable” units, and those urban populations are dumped on taxpaying suburbanites to provide all of the services the broke cities can no longer afford. I don’t know how you sell the other 90% of units in a place where 10% is set aside for the idle criminal underclass (of any color).


140 posted on 01/18/2023 4:03:13 AM PST by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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