Who does Mr Chinese Virus think he is
Even the first Black American Billionaire wants his reparation check now.
- Thread starter AhmedAdde
- Start date
I say GO GO GO Cadaans have been living comfortably for CENTURIES. This is the only way African Americans will catch up.
PS for those of you trying to be included. Ceebta iskadaaya u Saqajaans
PS for those of you trying to be included. Ceebta iskadaaya u Saqajaans
Black Entertainment Television founder Robert L. Johnson appeared on CNBC, where he is a frequent guest, and called on the U.S. government to provide $14 trillion in reparations to African Americans for slavery and to help reduce racial inequity.
“Now is the time to go big,” Johnson said Monday on Squawk Box. “Wealth transfer is what’s needed. Think about this. Since 200-plus years or so of slavery, labor taken with no compensation is a wealth transfer. Denial of access to education, which is a primary driver of accumulation of income and wealth, is a wealth transfer.”
America’s first Black billionaire, Johnson made his fortune when he sold his popular entertainment network to Viacom in 2001. He is no longer on the Forbes billionaires list. Johnson founded investment company The RLJ Cos in 2002, which provides strategic investments in a diverse portfolio of companies
Johnson said reparations would signal to white Americans that “damages are owed” to the descendants of enslaved people, who toiled unpaid in this country for centuries.
“Damages is a normal factor in a capitalist society for when you have been deprived for certain rights,” he maintained. “If this money goes into pockets like the [coronavirus] stimulus checks … that money is going to return back to the economy” in the form of consumption.
Johnson also posited that reparations to Black Americans would result in the creation of more Black businesses. “I’m talking about cash,” he said. “We are a society based on wealth. That’s the foundation of capitalism.”
This is not the first time Johnson has advocated for reparations or a wealth transfer. In 2012, he met with Black conservatives in Congress and presented a five-point policy initiative that would encourage investment in Black businesses, alleviate tax burdens for low and middle-income families and stop abusive payday loan practices.
On the same Squawk Box episode, Ken Frazier, Merck’s chairman and chief executive officer — who’s retiring from the role as of today — expressed doubt about whether reparations would even be possible. “I don’t believe we’ll be able to get anything like that through our political system,” he said.
Business leaders, Frazier added, should step up to help solve economic problems.
“Now is the time to go big,” Johnson said Monday on Squawk Box. “Wealth transfer is what’s needed. Think about this. Since 200-plus years or so of slavery, labor taken with no compensation is a wealth transfer. Denial of access to education, which is a primary driver of accumulation of income and wealth, is a wealth transfer.”
America’s first Black billionaire, Johnson made his fortune when he sold his popular entertainment network to Viacom in 2001. He is no longer on the Forbes billionaires list. Johnson founded investment company The RLJ Cos in 2002, which provides strategic investments in a diverse portfolio of companies
Johnson said reparations would signal to white Americans that “damages are owed” to the descendants of enslaved people, who toiled unpaid in this country for centuries.
“Damages is a normal factor in a capitalist society for when you have been deprived for certain rights,” he maintained. “If this money goes into pockets like the [coronavirus] stimulus checks … that money is going to return back to the economy” in the form of consumption.
Johnson also posited that reparations to Black Americans would result in the creation of more Black businesses. “I’m talking about cash,” he said. “We are a society based on wealth. That’s the foundation of capitalism.”
This is not the first time Johnson has advocated for reparations or a wealth transfer. In 2012, he met with Black conservatives in Congress and presented a five-point policy initiative that would encourage investment in Black businesses, alleviate tax burdens for low and middle-income families and stop abusive payday loan practices.
On the same Squawk Box episode, Ken Frazier, Merck’s chairman and chief executive officer — who’s retiring from the role as of today — expressed doubt about whether reparations would even be possible. “I don’t believe we’ll be able to get anything like that through our political system,” he said.
Business leaders, Frazier added, should step up to help solve economic problems.
Robert L. Johnson calls for $14 trillion reparations proposal
Johnson told "Squawk Box" that reparations would signal to white Americans that "damages are owed" to the descendants of enslaved people.
thegrio.com
Not sure,
However ADOS are disillusioned if they think the government will pay them $14 Trillion.
reparations should have began right after slavery, but andrew johnson stopped it. its sad reallyI'm sure the government wouldn't pay a single penny to them, however, if they did get any reparations it would come through taxes. Do you seriously think that white people will allow their taxes to be increased to pay money to Black people who were never enslaved? Hell they hate paying taxes currently.
its not only white people other previous enslaved countries will ask for moneyExactly. Just accept that you're blessed to live in America.
I mean the statistic includes Black Africans who weren’t enslaved as well, so that means that Somalis would also receive $300k+ in reparations for no reason
I hope more Somalis build more malls, apartments, stores and invest back home
How evil can People be
If it includes Somali's then may it succeed other than that waxna ma iga galin
elite1337
VIP
Yeah I guess they were jelous of how blacks in america could prosper without their help. Its weird how almost no one knows about this especially blacks because its not taught in schools
The blacks saved up money and bought buildings and eventually had their own Black town which was actually doing very well economically. Niggas was dripped out and shit.
But 1 day some Black guy in another town allegedly harrased a white girl in an elevator which was not proven. But it led to racist whites going into Black wall Street shooting any blacks they could find and started burning and looting buildings. The blacks flight back ofc they had their own Guns but was overpowered
Whites even had planes and racist cops invading black wallstreet killing any black person in sight. Tbh i think the government definitely had something with this to do, why wouldnt they want a town of wealthy black businessmen in their white country
26 blacks died and 13 whites died they atleast made an effort fighting back when they were overpowered, the blacks had trained world war 1 vets that knew how to shoot considering they were up against cops, civilians and the air national guard
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elite1337
VIP
Correction apparently the fact that just 39 died was cap, its estimated to be atleast 300 deaths
I really hope these guys get their money
But unfortenatly, there liars, damn liars and statistician
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Bro it wasn’t just burnt down the GOVERNMENT fucking bombed it down. They really didn’t want black americans to succeed. This was in 1921, it’s the only event in history that the American government bombed its own citizens in mainland USA, the only other time was in Puerto Rico in 1950
They never integrated
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