The following includes editorial content which is the opinion of the writer.
SAN FRANCISCO, CA- Nothing brings a country together more than a little wealth redistribution. Such is the case in the craphole of the west coast, San Francisco, CA., where a so-called “reparations” committee has produced what can only be described as an insane proposal for reparations for black residents of the city, Fox News reports.
Under the proposal, each longtime San Francisco black resident would get a cool $5 million, plus total debt forgiveness—including student loans, mortgages, credit card debt, etc. This is designed as payback for decades of alleged “systematic repression” faced by black city residents.
It should be noted that California wasn’t a slave state so this has nothing to do with reparations for slavery. This is a scheme “to address public policies explicitly created to subjugate black people in San Francisco by upholding and expanding the intent and legacy of chattel slavery.”
The insane proposal is the “brainchild” of the San Francisco African American Reparations Advisory Committee, which develops the Craphole by the Bay on developing a reparations plan for black city residents.
“While neither San Francisco, nor California, formally adopted the institution of chattel slavery, he tenets of segregation, white supremacy, and systematic repression and exclusion of black people were codified through legal and extralegal actions, social codes and judicial enforcement,” the draft reads.
The plan includes a long list of financial recommendations to benefit black San Franciscans, including a one-time lump sum payment of $5 million to each eligible individual.
“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.”
In order to qualify for the proposed program, applicants must be 18 years old and have identified as black or African American on public documents for at least 10 years.
They must also prove at least two of eight additional criteria choosing from a list that includes:
“Born in San Francisco between 1940 and 1996 and has proof of residency in San Francisco for at least 13 years,” and/or “personally, or the direct descendant of someone incarcerated by the failed War on Drugs.” [emphasis added]
You catch that? You don’t have to actually be black…you only must identify as black.
The scheme also requires San Francisco to supplement lower-income recipients’ income to reflect the Area Median Income (AMI), about $97,000 annually for at least 250 years.
250 years? Do they know something about life expectancy that the rest of us do not?
“Racial disparities across all metrics have led to a significant racial wealth gap in the City of San Francisco,” the plan says. “By elevating income to match AMI, black people can better afford housing and achieve a better quality of life.”
Not for nothing, but getting a handout of $5 million is a pretty big step up to achieving “a better quality of life.”
The plan would also forgive debt of qualifying persons, referred to as “a comprehensive debt forgiveness program” which would clear all eligible person’s debts.
“Black households are more likely to hold costlier, riskier debt, and more likely to have outstanding student loan debt,” the draft reads. “When this is combined with lower household incomes, it can create an inescapable cycle of debt. Eliminating this debt gives black households an opportunity to build wealth.”
The draft was submitted to the San Francisco Board of Supervisors on Dec. 23.
“The African American Reparations Advisory Committee has not yet received any feedback from the Board regarding their position on the recommendations or when the Board will schedule a hearing to formally discuss the Plan,” the committee told Fox News Digital.
For his part, Board of Supervisors President Aaron Peskin told the San Francisco Chronicle that he supports the scheme and hopes it is approved.
“There are so many efforts that result in incredible reports that just end up gathering dust on a shelf,” Peskin said. “We cannot let this be one of them.”
“San Francisco has a black population of about 44,930, according to the 2020 U.S. Census. If all those residents were eligible, the lump-sum price tag alone would be about $225 billion” for just the $5 million per resident payment, not counting the much larger cost of reparations for black people with drug convictions. By contrast, “San Francisco’s 2022-23 budget was $14 billion.”
That, however, is the least amount of money San Francisco taxpayers would be on the hook for. As noted by lawyer John Hinderaker, the $5 million is just the bare minimum. Blacks would also get “total forgiveness of debt, exemptions from business taxes, refinanced mortgages, subsidized housing, and a dizzying array of government programs.”
Moreover, even non-residents with drug convictions could be eligible, a cost of which Hinderaker notes would be “incalculable.”
“…you don’t ever need to have lived in San Francisco to be eligible for the full suite of benefits. If at least one of your ancestors was a slave, and you were incarcerated in the ‘failed war on drugs,’ or an ancestor of yours was so incarcerated, you can come to San Francisco and claim your $5 million, housing subsidies, etc. Pretty much every [black] incarcerated drug criminal in the U.S. or formerly incarcerated drug criminal, along with all of his progeny, would be a multimillionaire.”
Speaking of debt, Statista reports that the State of California’s debt as of FY 2021 was $143.73 billion. That is expected to increase to $188.54 billion by 2027.
However the total debt including state and local governments in California currently stands at $564.17 billion according to USDebtClock.org.
Makes you wonder where all that money is going to come from.
Of course, the liberal pathogen isn’t just restricted to California. Unhinged leftist Rep. Sheila Jackson Lee (D-TX) along with 52 House Democrats have proposed legislation seeking reparations and a national apology for slavery, Fox News reports. Hopefully that apology is coming from the Democratic Party, which was the party of slavery.
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