REPARATIONS HEARINGS! FREE STUFF?

Over70irregs

Well-Known Member
And yet, only one set in those demographics is demanding reparations for something they weren’t even alive to witness, much less suffer.
Are they really demanding it or others goading? They are desperate and it’s being used against them. Think J-6…… We are supposed to be distracted with borders that have been open forever. Elections are coming…..
 

DriveInDriveOut

Inordinately Right
Sorry brothers…..
So pensions are actually keeping the black man down..... hmmm.


“Much of the divergence in net worth by race and ethnicity since 2019 can be attributed to divergence in the real values of financial asset holdings,” wrote the report’s authors — including the fact that Black households have more wealth concentrated in pensions than in stocks, mutual funds and exchange-traded funds, or ETFs.

More than 50% of Black financial wealth is invested in pensions, the New York Fed found. Less than 20% of Black wealth is stored in private businesses, corporate equities, and mutual funds. In contrast, less than 30% of white financial wealth is invested in pensions, with about 50% invested in businesses, equities, and mutual funds.

“Black workers are still more likely to be unionized, which may play a part in the pension story,”
 

Over70irregs

Well-Known Member
So pensions are actually keeping the black man down..... hmmm.


“Much of the divergence in net worth by race and ethnicity since 2019 can be attributed to divergence in the real values of financial asset holdings,” wrote the report’s authors — including the fact that Black households have more wealth concentrated in pensions than in stocks, mutual funds and exchange-traded funds, or ETFs.

More than 50% of Black financial wealth is invested in pensions, the New York Fed found. Less than 20% of Black wealth is stored in private businesses, corporate equities, and mutual funds. In contrast, less than 30% of white financial wealth is invested in pensions, with about 50% invested in businesses, equities, and mutual funds.

“Black workers are still more likely to be unionized, which may play a part in the pension story,”
I was surprised by the stat. Oh well.
 

Babagounj

Strength through joy
I think they over calculated their ancestors work.

According to economist Julianne Malveaux, the descendants of slaves deserve $365 million based on her calculations that the 70 enslaved people labored for 24 hours a day, 365 days a year, between 1823 and 1865.
This $365million, with interest over time, amounts to $74billion, she claims.
The Missouri university itself only has an endowment of $1.5billion, meaning that the dozens of descendants are demanding over 70 times more than the school has in its assets.
 

UnionStrong

Sorry, but I don’t care anymore.
I think they over calculated their ancestors work.

According to economist Julianne Malveaux, the descendants of slaves deserve $365 million based on her calculations that the 70 enslaved people labored for 24 hours a day, 365 days a year, between 1823 and 1865.
This $365million, with interest over time, amounts to $74billion, she claims.
The Missouri university itself only has an endowment of $1.5billion, meaning that the dozens of descendants are demanding over 70 times more than the school has in its assets.
After we deduct all the welfare programs, affirmative action programs and subsidized housing costs, they would owe us money! 🤣
 

Babagounj

Strength through joy
Anti-racism activists descended on Atlanta on Thursday to push lawmakers to back their $80 billion reparations package, warning of 'serious political consequences' if they don't greenlight the plan.
Conservatives say they're already struggling to keep hospitals and jails open.
 
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