Reparations for Slavery (California)

[C-south]

No there was not. But their descendants do live here. That whole 40 acres and Mule thing never really worked out ya know.

They live in Africa too where their other descendants sold them. Nobody is going back or asking for “reparations” from them.

 

[LittleVol]

I just want to know who paid your mortgage during the forbearance period? There are only a few options here:

1 - somebody else paid it
2 - the bank forgave it (very unlikely!)
3 - you paid it

I think we're at a disconnect here.
I don't know another way to explain it.

People are out here are on forbearance for up to 12 months...if they choose.

I didn't commit any fraud. I paused my payments. And then an IT guy from Bay Area bought it. So i put all that missed mortgage payments into an IRA.

In then sold the property for 20k more than what I bought it at.
So literally at one time there was 37k more cash to divide up to other causes.

 

[LittleVol]

They live in Africa too where their other descendants sold them. Nobody is going back or asking for “reparations” from them.

That's on Africa isn't it?

Yeah the middle passage was trash. Africans sold out Africans.
Black Americans in Chicago kill each other today. Shoud I forfeit my 150k because of that. No. And neither would you..

 

[C-south]

If you choose reparations this should be it.

 

[DC_Vol]

I think we're at a disconnect here.
I don't know another way to explain it.

People are out here are on forbearance for up to 12 months...if they choose.

I didn't commit any fraud. I paused my payments. And then an IT guy from Bay Area bought it. So i put all that missed mortgage payments into an IRA.

In then sold the property for 20k more than what I bought it at.
So literally at one time there was 37k more cash to divide up to other causes.

We are a disconnect. Because someone has to pay the payments that were skipped in forbearance. If someone didn’t pay them for you, then you did when the house sold. So you netted $0.

Also, wouldn’t all the missed mortgage payments be over the annual IRA limits?

 

[C-south]

That's on Africa isn't it?

Yeah the middle passage was trash. Africans sold out Africans.
Black Americans in Chicago kill each other today. Shoud I forfeit my 150k because of that. No. And neither would you..

It should be. Nobody blames the Holocaust on Egypt.

 

[LittleVol]

I haven’t said anything about being mad.

You are a minority in a big way in that town.

Ive had a unique life experience.
I'm half black. Was discriminated by black and white people in the south.

My wife is Asian and Latina from another country. People in her family are often confused about me, because I'm so dark for their culture to accept...even though some of them live on my land.

Racism is stupid.

Have you ever heard of a guy named Doug Weir? Research him. One of the nicest guys i have ever met. I did his pyramid scheme for 2 years and then I quit, but his brief time in my life helped me tremendously i believe.

I was a 20 year old Airmen, and this man was making 8 million dollars a month at the time. Yet he spent time on me. He didn't care that I was black. He and his wife Amy were always good to me.

 

[LittleVol]

We are a disconnect. Because someone has to pay the payments that were skipped in forbearance. If someone didn’t pay them for you, then you did when the house sold. So you netted $0.

Also, wouldn’t all the missed mortgage payments be over the annual IRA limits?

Hey man thanks for the constructive discussion btw.
I was never stopped from depositing money into it. I didn't do it every month.

I did some brief research and it was raised to 19k in 2019.

I'm still learning things, and I'm sure they would have stopped me if this were 2013.
I might need to look into that...

 

[NorthDallas40]

Biden isn’t even sworn in yet and America’s guilt and virtue signaling is bankrupting them

 

[LittleVol]

Handing out free money, with no strings attached, to a significant portion who are living paycheck to paycheck is a very bad idea.

If you don't earn what is given to you, then one will not appreciate or be responsible with it. It's human nature.

I am in agreement with you...

If this comes to pass, then the "Black Community " brain trust needs to form a guild that has representatives all throughout California that introduces them to Financial Planning.

Undoubtedly, Car sales will shoot up instead of savings accounts. No argument here.

 

[LittleVol]

Biden isn’t even sworn in yet and America’s guilt and virtue signaling is bankrupting them

What the hell is he going to do about that Caravan coming from Honduras??

Trump was a petty man, but I don't trust Biden either. He doesn't seem all there. Not crazy about Harris either. Obama in my view could have been the best president of all time if not for the nature of our partisanship...

 

[LittleVol]

Lol this is funny. So the OP publicly admits to committing fraud. Has zero clue that it made him no money. He actually thinks he got a leg up. All he got was a few month interest free loan. Lol. Jesus this might be the dumbest thread ever started here. I hope he doesn't get doxed. And he thought he was clever? Really?

I put 12k into my IRA.
That is gaining interest as we speak.

I spent the other cash on other properties.
I made no down payment on my home in thousand oaks. VA Loan.

How exactly do you measure investments??

 

[LittleVol]

Why, exactly, do you deserve a $150k payment?

Who said anything about deserve?

I wasn't a slave...

Did the colonists "deserve " to throw the Native Americans off their lands? I would argue YES. because they could do it...and so they did.

Has jack to do with "deserve "

 

[dovervolz]

Ive had a unique life experience.
I'm half black. Was discriminated by black and white people in the south.

My wife is Asian and Latina from another country. People in her family are often confused about me, because I'm so dark for their culture to accept...even though some of them live on my land.

Racism is stupid.

Have you ever heard of a guy named Doug Weir? Research him. One of the nicest guys i have ever met. I did his pyramid scheme for 2 years and then I quit, but his brief time in my life helped me tremendously i believe.

I was a 20 year old Airmen, and this man was making 8 million dollars a month at the time. Yet he spent time on me. He didn't care that I was black. He and his wife Amy were always good to me.

That’s an encouraging story and I can respect what you’ve gone thru in life. But I still don’t believe you or any person or group of people deserve to given $150,000.00 for stuff that happen over a 150 years ago. Most people have had hardships in their lives, some more than others, I certainly had more than my fair share.

 

[LittleVol]

For $150,000.00?

Unsure.
Casino owners told me this.
Some of them are....millionaires.

We can't undo the past. What about the Chinese? I would say we have DEFINITELY repaid them.

A few years ago, I got a job in Procurement over a white man who was more qualified. It wasn't right. But what am I supposed to do...give him my.job?
Evening the playing field isn't always pretty. Good intentions hurt people all the time.

 

[LittleVol]

That’s an encouraging story and I can respect what you’ve gone thru in life. But I still don’t believe you or any person or group of people deserve to given $150,000.00 for stuff that happen over a 150 years ago. Most people have had hardships in their lives, some more than others, I certainly had more than my fair share.

I don't deserve it because of something 150 years ago.

Now I can argue my contributions from the heart outway that haha. Literally have given thousands to UT and my family with not a cent in return.

At the end of the day, I will take whatever they give me. And smile. Wouldn't you?

 

[Rickyvol77]

Can you quantify the “injustices” suffered by descendants? There are many alive today that have suffered none. There are some alive today that have. And are we paying reparations for slavery or injustices? Neither are quantifiable and the latter is subjective. I don’t see how anyone can get there from here unless it’s a “shut up and don’t ask questions” method of application.

Imagine Lebron getting reparations

 

[C-south]

Maybe give them reservations and let them open up casinos. I’m sure a casino in south side Chicago would be a great utopia.

 

[Rasputin_Vol]

Those tricky Californians are up to their schemes again!!
It looks like it may PASS here.
Of course it will serve as precedent for the rest of America to eventually follow.

Estimated $ 17 Trillion investment if it happens nationwide with every Black-American recieving 150k one time payment
I'm Black...so yeah I support it obviously.

What say you Volnation? Is this beginning of a good thing??
What about Americans who claim Ancestry from Union Soldiers?? Don't they deserve something as well? Just a thought...

$1-2 trillion and the US could buy El Salvador and just repopulate us there... or use that $1-2 trillion to build the infrastructure up in Liberia to repopulate.

If things are so bad here, we need to have those of us that want to leave go, and those of us that prefer to stay continue on.

 

[Boca Vol]

Give out $150K as reparations and within 5 years a majority will be broke with nothing to show for it and the rich will have gotten richer because they now have it.

 

[NEO]

Honest question.....


I am 1 percent black.

No idea how but it's in my dna.

I'm like 60 percent German, 39 percent irish/Scottish and then 1 percent black.


Would I qualify?


I mean what is the cut off?

Or will you have to trace your lineage back to a slave?


What if you are black but your parents were never slaves and lived free in the union?

 

[KB5252]

If they were serious about improving the lives of people they would invest that money in income depressed areas, to bring jobs and infrastructure and resources to these areas. But the goal isn't necessarily to improve lives I fear, the end result isn't near as important to them as appearances.

 

[Carl Pickens]

I bet you $22 that Biden/Harris tries to push this kind of BS through during their term

 

[Orangeburst]

I bet you $22 that Biden/Harris tries to push this kind of BS through during their term

But it would only be worth $2.20 in today dollars

 

[csmize]

Honest question.....


I am 1 percent black.

No idea how but it's in my dna.

I'm like 60 percent German, 39 percent irish/Scottish and then 1 percent black.


Would I qualify?


I mean what is the cut off?

Or will you have to trace your lineage back to a slave?


What if you are black but your parents were never slaves and lived free in the union?

Maybe. Look up the One Drop Rule. I qualify under this. But they'll change this to fit a narrative.