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Reply to "It's (finally) time for reparations. It's time for the US to pay its debt. "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] And we should invest in a portfolio of programs that help close the gap on homeownership, wealth, and education. Focus on areas impacted more by Jim Crow, redlining, etc. I do think a liquid asset should be part of that. [/quote] Three guesses on how soon these liquid assets will be siphoned off, whether by theft, fake charities, predatory "financial advisors", not to mention frivolous spending by people not used to financial discipline. [/quote] Certainly a lot of care should go into preventing abuses. How much did you fret over abuses of PPP? I’[b]m sure that resulted in billions of dollars abused. [/b][/quote] So do it again, even assuming the truth of your assertion?[/quote] No. Don’t do it again by creating a program that is difficult to abuse. My point about PPP was that I’m guessing you didn’t worry so much about all of the various potential abuses when money went to corporations. Anyway, the asset part was just one facet of the broader program I envision. But it’s important for the US to atone and it’s important to increase wealth in black communities. [/quote]
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