• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Activists demand higher payments from California reparations task force: ‘$200 million’ per person
Economy

Activists demand higher payments from California reparations task force: ‘$200 million’ per person

by May 7, 2023
by May 7, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

Activists on Saturday demanded that the state of California pay millions of dollars to each Black resident in reparations as a way to make amends for slavery and subsequent discrimination, dismissing the mammoth proposals from California’s reparations task force as too little.

The demands were made at a highly explosive official meeting of the task force, which was created by state legislation signed by Democratic Gov. Gavin Newsom in 2020. The committee was hearing comments from the public as it considers final recommendations to submit to the California Legislature, which will then decide whether to implement the measures and send them to Newsom’s desk to be signed into law.

An activist identified as Reverend Tony Pierce was one of the most outspoken people at the gathering, making reference to the famous ’40 acres and a mule’ promise to former slaves when he took the podium.

‘You know that the numbers should be equivocal to what an acre was back then. We were given 40, OK? We were given 40 acres. You know what that number is. You keep trying to talk about now, yet you research back to slavery and you say nothing about slavery, nothing,’ said Pierce. ‘So, the equivocal number from the 1860s for 40 acres to today is $200 million for each and every African-American.’

Pierce, who shouted most of his remarks, then directed his ire to the task force for in his view not pushing an ambitious enough reparations plan.

‘You’re not supposed to be afraid,’ he said. ‘You’re just supposed to tell the truth. You’re not supposed to be the gatekeepers. You’re supposed to say what the people want and hear from the people.’

Pierce concluded with a warning to California’s top elected official: ‘Tell Governor Newsom we’re coming. He knows me.’

Economists predicted in a preliminary estimate in March that California’s reparations plan could cost the state more than $800 billion. The task force, which consulted five economists and policy experts to arrive at the number, said at the time that the total didn’t include compensation for property that the group says was taken unjustly or for the devaluation of Black-owned businesses.

California’s total annual state budget sits at roughly $300 billion.

Earlier this week, however, the task force published its latest proposals, which don’t contain an overall price tag but instead outline ways California could calculate how much money Black residents have lost since 1850, when the state was established, through today due to discrimination.

The report suggests dollar amounts that have been lost for specific types of racial discrimination, indicating that those amounts should be paid back to Black residents.

These estimates include, for example, losing $2,352 per person per year of California residence for the over-policing of Black communities, $3,366 per person per year of residence for ‘discriminatory lending and zoning,’ $13,619 per person per year of residence for ‘injustices and discrimination in health’ and $77,000 per person for Black-owned business losses and devaluations.

The task force also urges in its latest documents that eligible Black Californians receive cash ‘down payments’ as soon as possible while waiting for the full amount of money loss due to racism and slavery to be calculated.

In total, a Black person who has lived in California for their whole life, until at least age 71, could potentially receive more than $1.2 million in lifetime restitution.

However, such ideas are skimping on what’s necessary to pay Black Californians, according to activists who spoke at the gathering.

‘$1.2 million is nowhere near enough. It should be starting at least $5 million like San Francisco,’ said one woman. ‘We want direct cash payments just like how the stimulus [checks] were sent out. It’s our inheritance, and we can handle it.’

The city of San Francisco is weighing its own reparations proposals at the local level, including a proposal to dole out $5 million each to qualifying Black residents.

Others at the meeting similarly dismissed the current task force plan is insufficient. One speaker called for the task force to issue $5 million in reparations as San Francisco is considering.

‘This million dollars we’re hearing on the news is just inadequate and a further injustice if that’s what this task force is going to recommend for Black Americans for 400-plus years and continuing of slavery and injustice that we have been forced to endure,’ she said. ‘To even throw a million dollars at us is just an injustice.’

Whatever the final figures, it’s unclear how California would afford to pay millions of dollars to each eligible Black resident. Newsom announced in January that the state faces a projected budget deficit of $22.5 billion for the coming fiscal year. Weeks later, the California Legislative Analyst’s Office, a government agency that analyzes the budget for the state legislature, estimated in a subsequent report that Newsom’s forecast undershot the mark by about $7 billion.

Task force leaders have said they expect the legislature to come up with actual reparations amounts. According to California Justice Department officials, the law creating the task force did not instruct the committee to identify funding sources.

Beyond arguing reparations proposals are fiscally unmanageable, critics argue it doesn’t make sense to implement them when California never allowed slavery.

Proponents counter that racial discrimination in the state has devastated the Black community, costing it untold amounts of money.

Beyond raw dollars and cents, the task force also proposes several policy changes to combat racial discrimination and for California to issue a formal apology enacted by the legislature and signed by the governor for slavery and anti-Black racism.

The reparations program would be overseen by a new state agency that would determine eligibility for and distribute funds, according to the task force report.

Most people who spoke at Saturday’s meeting spoke in support of reparations. Despite such agreement, however, sparks flew throughout the chaotic, emotionally charged gathering as arguments broke out. Indeed, many attendees spoke out of turn and interrupted each other, leading Kamilah Moore, the task force chair, to call for security to remove people multiple times.

In several instances, activists in the room got into shouting matches, forcing the meeting to be put on pause to settle down the room.

The reparations task force is set to vote on its latest recommendations on Saturday evening. A final report with the panel’s official recommendations is due by July 1 to the state legislature.

Aaron Kliegman is a politics reporter for Fox News Digital. 

This post appeared first on FOX NEWS
You Might Also Like
  • Jonathan Turley: Biden’s lawyers ‘likely witnesses in a criminal investigation’
  • ‘Obama bro’ confirms claims in Clooney’s damaging op-ed on Biden’s mental fitness
  • Sanofi Stock Report: 14.4% Income Growth Amid Restructuring
  • George Santos said his mother was in World Trade Center on 9/11, but records show she was in Brazil: report
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Biden touts 82-year-old age in 2024 as a benefit: ‘I know more than the vast majority of people’
next post
Hot Gold Drops & Shaky Semis Pop

You may also like

Tuberville’s office hits back after Pentagon says it’s not subsidizing...

September 13, 2023

Trump, DeSantis neck and neck with Wisconsin voters as Biden...

June 29, 2023

Wisconsin DNR board approves resolution seeking more money from Legislature

April 13, 2023

Female-led IDF combat squad eliminates nearly 100 Hamas terrorists in...

October 26, 2023

Trump campaign mocks DeSantis argument that Haley, other GOP rivals...

November 8, 2023

JD Vance calls for 25th Amendment to be invoked after...

July 23, 2024

Jack Smith asks judge to block Trump from making ‘partisan...

December 28, 2023

Nikki Haley warns US ‘could end up with a President...

June 2, 2023

Former top Ukraine prosecutor comes out swinging against Joe and...

August 27, 2023

Vivek Ramaswamy ends presidential bid following Iowa caucuses

January 16, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Oil prices rise more than 1% as Israel vows to intensify attacks on Iran

      June 20, 2025
    • RRG Alert Tech Vaults to ‘Leading’—Is XLK Signaling a New Rally?

      June 20, 2025
    • Apple looking to make ‘premium’-priced folding iPhones starting next year, analyst says

      June 20, 2025
    • Nike pushes back Skims launch with Kim Kardashian due to production delays

      June 19, 2025
    • The Fed Is Getting It Wrong AGAIN As They Hold Rates Steady

      June 19, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,599 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,874 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,578 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,541 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,417 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,142)
    • Investing (538)
    • Stock (2,621)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Oil prices rise more than 1% as Israel vows to...

      June 20, 2025
    • RRG Alert Tech Vaults to ‘Leading’—Is XLK Signaling a New...

      June 20, 2025
    • Apple looking to make ‘premium’-priced folding iPhones starting next year,...

      June 20, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,142)
    • Investing (538)
    • Stock (2,621)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Kamala Harris’ husband Doug Emhoff admits...

    August 4, 2024

    Brazil’s leftist president concerned Biden can’t...

    July 6, 2024

    Super Tuesday countdown: Haley notches her...

    March 4, 2024
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here