BLM Coalition Reveals 6 Point Policy Platform

[Anonymous]

Anonymous wrote:George Lipsitz, Professor in the Department of Black Studies at the University of California, Santa Barbara and the author of over half a dozen books said, "net worth is almost totally determined by past opportunities for asset accumulation, and therefore is the one figure most likely to reflect the history of discrimination."
Studies show that the median white family - about 41 million households across the nation - have a net worth of $116,000 dollars while nearly 40 percent or 5.6 million African-American homes in the U.S. have zero or negative net worth. Reparations should be instituted to provide a path for more African-Americans to have homeownership and subsequently improve their net worth.

Tell that to all the Asian immigrants who come her with NOTHING, not even the language, and work seven days a week in some crap job and send their kids off to good schools to become doctors and lawyers and engineers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:George Lipsitz, Professor in the Department of Black Studies at the University of California, Santa Barbara and the author of over half a dozen books said, "net worth is almost totally determined by past opportunities for asset accumulation, and therefore is the one figure most likely to reflect the history of discrimination."
Studies show that the median white family - about 41 million households across the nation - have a net worth of $116,000 dollars while nearly 40 percent or 5.6 million African-American homes in the U.S. have zero or negative net worth. Reparations should be instituted to provide a path for more African-Americans to have homeownership and subsequently improve their net worth.

BS. Look at immigrant families who go from zero net worth to sending their kids to college to in one generation.

As for paths to homeownership, there are many programs that do such that , including, but not limited to:

Providing $50 million to implement the American Dream Downpayment Fund, which will enable more people to become homeowners by offering them downpayment assistance - often the biggest hurdle to homeownership. HUD expanded the program and provide $200 million in 2003.

Increased flexibility of the Section 8 voucher program to permit low-income families to use up to one year's worth of the vouchers for the downpayment on a home, a move that could help hundreds of thousands families to buy their own home.

Giving $17.5 million in housing counseling assistance grants to 11 national and regional intermediary agencies and 358 local and state housing counseling agencies to counsel both current and would-be homeowners about their responsibilities and rights as owners and renters.

Increasing housing counseling grants to a total of $35 million for housing counseling.

Simplification of FHA's streamline refinance transactions, which enable homeowners to have lower monthly mortgage payments without having to bring additional cash to the settlement.

Let's see the American Dream Downpayment Fund was initiated by Bush in 2003 so I seriously doubt in its 13 years of existence its even put a dent in the disenfranchisement of African-Americans...
The Section 8 voucher program is severely flawed and doesn’t deliver adequate housing choice for low-income residents and subsequently doesn't deconcentrate poverty it actually reconcentrates it because it essentially reinforces segregation by concentrating low-income minorities into an area which drives out middle-class residents out and turn the entire area into a slum...
Etc. Etc.
Look I'm not a frigging senator so its not like I have a laid out plan about this shit I'm just offering my opinion on what is most needed so you guys go ahead and rip my idea to shreds to your hearts content. I've spoken my peace and I have no intention of arguing with anonymous non-elected officials or presumptive policymakers on a frigging thought that crossed my mind so do you and enjoy your day.

[Anonymous]

buh bye facts hurt dont they

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:George Lipsitz, Professor in the Department of Black Studies at the University of California, Santa Barbara and the author of over half a dozen books said, "net worth is almost totally determined by past opportunities for asset accumulation, and therefore is the one figure most likely to reflect the history of discrimination."
Studies show that the median white family - about 41 million households across the nation - have a net worth of $116,000 dollars while nearly 40 percent or 5.6 million African-American homes in the U.S. have zero or negative net worth. Reparations should be instituted to provide a path for more African-Americans to have homeownership and subsequently improve their net worth.

So just give them money? What if someone is biracial? Do we give them half as much? How much money does Oprah get (because I don't think she needs any)?

I suggest reduced mortgage rates for African-Americans nationwide to A) compensate for the stifling social and financial injustices implemented for decades by the government denying them access to wealth and to B) greater reduce the population of over-crowded inner cities which contribute to their continued disenfranchisement.

But then the banks would have to charge the white people even more than market rate to make up the difference, and then many poor whites won't be able to afford to get out of the inner cities. Would you instead agree to a reduced rate program based on financial situation rather than race? The married couple who live next door to my parents, one is a doctor and the other a lawyer, sure shouldn't get a special rate.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:George Lipsitz, Professor in the Department of Black Studies at the University of California, Santa Barbara and the author of over half a dozen books said, "net worth is almost totally determined by past opportunities for asset accumulation, and therefore is the one figure most likely to reflect the history of discrimination."
Studies show that the median white family - about 41 million households across the nation - have a net worth of $116,000 dollars while nearly 40 percent or 5.6 million African-American homes in the U.S. have zero or negative net worth. Reparations should be instituted to provide a path for more African-Americans to have homeownership and subsequently improve their net worth.

BS. Look at immigrant families who go from zero net worth to sending their kids to college to in one generation.

As for paths to homeownership, there are many programs that do such that , including, but not limited to:

Providing $50 million to implement the American Dream Downpayment Fund, which will enable more people to become homeowners by offering them downpayment assistance - often the biggest hurdle to homeownership. HUD expanded the program and provide $200 million in 2003.

Increased flexibility of the Section 8 voucher program to permit low-income families to use up to one year's worth of the vouchers for the downpayment on a home, a move that could help hundreds of thousands families to buy their own home.

Giving $17.5 million in housing counseling assistance grants to 11 national and regional intermediary agencies and 358 local and state housing counseling agencies to counsel both current and would-be homeowners about their responsibilities and rights as owners and renters.

Increasing housing counseling grants to a total of $35 million for housing counseling.

Simplification of FHA's streamline refinance transactions, which enable homeowners to have lower monthly mortgage payments without having to bring additional cash to the settlement.

Let's see the American Dream Downpayment Fund was initiated by Bush in 2003 so I seriously doubt in its 13 years of existence its even put a dent in the disenfranchisement of African-Americans...
The Section 8 voucher program is severely flawed and doesn’t deliver adequate housing choice for low-income residents and subsequently doesn't deconcentrate poverty it actually reconcentrates it because it essentially reinforces segregation by concentrating low-income minorities into an area which drives out middle-class residents out and turn the entire area into a slum...
Etc. Etc.
Look I'm not a frigging senator so its not like I have a laid out plan about this shit I'm just offering my opinion on what is most needed so you guys go ahead and rip my idea to shreds to your hearts content. I've spoken my peace and I have no intention of arguing with anonymous non-elected officials or presumptive policymakers on a frigging thought that crossed my mind so do you and enjoy your day.

So why spend more money on these programs before we see if they actually do work?

And yes Section 8 us flawed, BECAUSE all govt programs are flawed. ALL of them.

So the question I have is why do good-meaning people like you keep promoting the same solutions (government programs, more money) when a) we don't know if they even work and b) they are severely flawed?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:George Lipsitz, Professor in the Department of Black Studies at the University of California, Santa Barbara and the author of over half a dozen books said, "net worth is almost totally determined by past opportunities for asset accumulation, and therefore is the one figure most likely to reflect the history of discrimination."
Studies show that the median white family - about 41 million households across the nation - have a net worth of $116,000 dollars while nearly 40 percent or 5.6 million African-American homes in the U.S. have zero or negative net worth. Reparations should be instituted to provide a path for more African-Americans to have homeownership and subsequently improve their net worth.

Well, that's a quote from someone who works in the most liberal college system in the country, and he has his own bias.

There are reasons for asset accumulation (or lack of it) other than discrimination. You can't blame EVERYTHING on racism. What about making responsible financial decisions? What about staying in school (at least through high school)? What about waiting until you're married to have children? (There's a strong correlation between out-of-wedlock births and poverty.) Discrimination is but one factor.

True indeed and those same irresponsible financial and life decisions have hampered whites too but if you're deadset on the idea that discrimination is negligible then do your thing I won't bother trying to convince you otherwise it would be an exercise in futility.

I didn't say discrimination was negligible....I said it was only one factor. That professor said it was "almost totally" the reason. Don't be so defensive!

[Anonymous]

Anonymous wrote:George Lipsitz, Professor in the Department of Black Studies at the University of California, Santa Barbara and the author of over half a dozen books said, "net worth is almost totally determined by past opportunities for asset accumulation, and therefore is the one figure most likely to reflect the history of discrimination."
Studies show that the median white family - about 41 million households across the nation - have a net worth of $116,000 dollars while nearly 40 percent or 5.6 million African-American homes in the U.S. have zero or negative net worth. Reparations should be instituted to provide a path for more African-Americans to have homeownership and subsequently improve their net worth.

Serious question - if we are looking at "past opportunities for asset accumulation," let's take two stereotypical 18 yo high school graduates, one white and one black. There is no difference in their "past opportunities for asset accumulation." So that 18 yo black kid gets no reparations? What about the 22 yo, who jut graduated college? The 25 yo who just graduated law school?

[Anonymous]

What this "past asset accumulation" boils down to is that the world/life is inherently unfair.

At this point, we don't really know why some AAs are about to succeed and some aren't -- just like its unclear why some whites get out of poverty and some don't.

Reparations is a PR gesture and it will do zilch to solve the problems plaguing low-come black communities.

[Anonymous]

I'm black and I say no to reparations cause the last thing I want in 40 years when my grandchildren are in the new up and coming majority-minority is to have them feel obligated to help out the poor dwindling populace of white folks who "paid their dues" for slavery.
F-that...I want my grandkids to be able to repeat the same refrain my grandfather heard from white folks when he complained about being shitted on and shut out, "deal with it."

[Anonymous]

Anonymous wrote:What this "past asset accumulation" boils down to is that the world/life is inherently unfair.

At this point, we don't really know why some AAs are about to succeed and some aren't -- just like its unclear why some whites get out of poverty and some don't.

Reparations is a PR gesture and it will do zilch to solve the problems plaguing low-come black communities.

Is it possible that some AAs succeed more than other AAs because they are more capable....or hardworking....or just plain lucky? (Same with whites.)

[Anonymous]

Anonymous wrote:

Anonymous wrote:Not much response thus far. I wonder if people are reluctant to address such a racially charged topic.

Honestly, just not much to respond to here.

So broad as to be virtually immune to discussion, except insofar as one can note that it's absurdly aspirational.

I'd have hoped for something with direct application to improving police/community interaction.

I responded and added "All Lives Matter." Jeff immediately deleted my post.

Guess he agrees it's racist to value all human life.

[Anonymous]

Anonymous wrote:I'm black and I say no to reparations cause the last thing I want in 40 years when my grandchildren are in the new up and coming majority-minority is to have them feel obligated to help out the poor dwindling populace of white folks who "paid their dues" for slavery.
F-that...I want my grandkids to be able to repeat the same refrain my grandfather heard from white folks when he complained about being shitted on and shut out, "deal with it."

Clearly you're educated and evolved. Thanks for your intelligent input!

God help you if your grandchildren fall in love with white folks.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Not much response thus far. I wonder if people are reluctant to address such a racially charged topic.

Honestly, just not much to respond to here.

So broad as to be virtually immune to discussion, except insofar as one can note that it's absurdly aspirational.

I'd have hoped for something with direct application to improving police/community interaction.

I responded and added "All Lives Matter." Jeff immediately deleted my post.

Guess he agrees it's racist to value all human life.

Liberals have gone to the extreme of political correctness. Remember how Bernie Sanders was asked to affirm that all lives matter, and he instead stuck with the Black Lives Matter line?

[Anonymous]

Anonymous wrote:I'm black and I say no to reparations cause the last thing I want in 40 years when my grandchildren are in the new up and coming majority-minority is to have them feel obligated to help out the poor dwindling populace of white folks who "paid their dues" for slavery.
F-that...I want my grandkids to be able to repeat the same refrain my grandfather heard from white folks when he complained about being shitted on and shut out, "deal with it."

As long as one AA agrees, then its pretty much a settled issue. Lets move on.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:George Lipsitz, Professor in the Department of Black Studies at the University of California, Santa Barbara and the author of over half a dozen books said, "net worth is almost totally determined by past opportunities for asset accumulation, and therefore is the one figure most likely to reflect the history of discrimination."
Studies show that the median white family - about 41 million households across the nation - have a net worth of $116,000 dollars while nearly 40 percent or 5.6 million African-American homes in the U.S. have zero or negative net worth. Reparations should be instituted to provide a path for more African-Americans to have homeownership and subsequently improve their net worth.

BS. Look at immigrant families who go from zero net worth to sending their kids to college to in one generation.

As for paths to homeownership, there are many programs that do such that , including, but not limited to:

Providing $50 million to implement the American Dream Downpayment Fund, which will enable more people to become homeowners by offering them downpayment assistance - often the biggest hurdle to homeownership. HUD expanded the program and provide $200 million in 2003.

Increased flexibility of the Section 8 voucher program to permit low-income families to use up to one year's worth of the vouchers for the downpayment on a home, a move that could help hundreds of thousands families to buy their own home.

Giving $17.5 million in housing counseling assistance grants to 11 national and regional intermediary agencies and 358 local and state housing counseling agencies to counsel both current and would-be homeowners about their responsibilities and rights as owners and renters.

Increasing housing counseling grants to a total of $35 million for housing counseling.

Simplification of FHA's streamline refinance transactions, which enable homeowners to have lower monthly mortgage payments without having to bring additional cash to the settlement.

My grandparents came to this country escaping religious persecution in Europe. (Their families ultimately perished.) They had no money and didn't speak a word of English. They didn't bemoan their history and unfair treatment, but scraped and sacrificed to make a better life. A generation later, every single one of their children was a college graduate and upper-middle class. (And they sure didn't have any of these government assistance programs the above poster listed.)

No one is supporting this argument on this thread. I says this as a person coming from a similar background.

The whole BLM will go nowhere if Trump wins and will be a headache for Clinton if she's in office.