San Francisco Reparations Committee Chairman: No ‘Math Formula’ Used to Calculate $5 Million Payout
In January, the San Francisco Reparations Committee decided each black resident should receive $5 million.
Chairman Eric McDonnell admitted the panel didn’t use a “math formula.”
“It was a journey for the committee towards what could represent a significant enough investment in families to put them on this path to economic well-being, growth and vitality that chattel slavery and all the policies that flowed from it destroyed,” McDonnell explained to The Washington Post.
So can I use this as a reason to demand $5 million in reparations for the treatment of Italian immigrants and Catholics?
Legalized slavery never existed in San Francisco. Instead, the $5 million is for “the public policies explicitly created to subjugate Black people in San Francisco by upholding and expanding the intent and legacy of chattel slavery.”
The report states the $5 million “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.”
The committee also demands the city to supplement the “African-American income of lower income households to reflect the Area Meridian income (AMI) annually for at least 250 years ($97,000 in 2022).
Economist William A. Darity Jr. has called for reparations but admitted the amount should be “somewhat realistic.” He said the $5 million payout “undercuts the credibility of the reparations effort.”
The $5 million proposal frustrates Amos Brown, a member of the reparations task force, because “[I]t distracts from the report’s other recommendations.”
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Of course no math formula was used. Where the heck have you been? Math is racist!
Exactly. The key is whether the number “feels” right. $5 MM just feels like a good number. Plus, surely the money will be spent quickly which will increase the velocity of money which will help the overall SF economy.
If ya ask me … somewhere between $0.00 and $0.05 “feels” about right …
If they knew how to use arithmetic not math they would see that there is not $5 million apiece to give.
What is the actual number of propsed recipients? XXXXXX x $5,000,0000? Biracial? One drop black? Current residents of SF? Grew up there but moved out?
XXXXXX x $97,000 x 250 years (<– ??? When did "California" become part of the US?)
Tsk tsk tsk.
San Franciscans … you voted for this.
The blanket over the reparations train has been ripped off and Grift is what we see as all who have paid attention these last few years have known. It’s nothing but a money grab for people that don’t want to get up and work for a living. So far it’s been a good ride
When will San Francisco let us know how they will get the $$$$$?
What will be the victims (those paying the extra taxes) response to their fair share when they are billed?
They will, somehow, find a way to confiscat money from the productive in other states.
I believe the most efficient way to handle this is to give each recipient a list of homes and businesses from which to collect their $5 MM. That will eliminate a lot of paperwork.
Maff is hard.
Like everything else in life, it depends entirely on your motivation.
“Decades of harm” all going to one generation to blow on weed, alcohol, cars, and jewelry.
Also weaves, hair extensions, acrylic nails, and black-velvet paintings.
Them the following week, when it’s all gone, they will be back for more, threatening riots, arson, and killings.
For sure. Money obtained in that way is generally squandered. Quickly. And develops the taste for more. If emotional blackmail got $5 million, why not $10 million?
Why do we need this? Aren’t they getting reparations one store robbery at a time?
That’s a lot of sneakers!
They could have Nike make some 5 million dollar sneakers and give everbody a pair.
Take the “40 acres and a mule” and correct for inflation. Or, take the aveage inc0me for an West African native and adjust for inflation. Not everyone taken to the British colonies (not America) were princes or princesses of the Zula or other tribes. Unless one has been to Africa and seen the real poverty, being in the States is not appreciated. Perfect? No. Better than Africa? you bet’cha.
That would be fantastic.
“What do you mean I’m getting 84¢?! And that includes interest?!” Followed by lots of cursing.
At the time they were being shipped out nobody was a prince or princess. Some of them may once have been princes, wealthy people, or whatever, but at some point they lost all that and became slaves. Only then were they put up for sale, and exported to America.
Of course, the $5 million comes with a rider that requires the receiver of the money to never talk of slavery or victimhood ever again
Won’t be part of their proposal, but that would be a valid trade.
What about the descendants of Black slave owners? Do they get 5 mil each too?
And what about the descendants of all the White Americans that died fighting to abolish slavery?
And what about people of any race that came here after slavery was abolished? Do they have to pay or receive money?
These people are so full of shit.
So stupid, pulling numbers out of their arse. How many descendants of penniless immigrants from that time period would have a net worth of $5 million? Precious few, despite the advantages of a solid work ethic and “white privilege.”
Easy come, easy go. People who have money dumped into their laps rarely have the financial acumen to manage it wisely.
“Reparations” is nothing but rewarding race-based avarice.
Stop the insanity.
“Hey, what sounds like an amount you would want to get without sounding TOO greedy?”
If they’d used math, they’d calculate how much each black would have living in Africa, and compare it to how much they have here, and make blacks pay whites the difference.
Someone should do that.
well, since we don’t have to employ any math, how about keeping it dirt simple regards reparations as in “zip, nada, nothing?”
as a brit said recently, “why not go back to africa and ask all those descendants of african kings / princes / wannabes for money? after all, it was THEIR ancestors who sold all of YOUR ancestors into the slave trade. see what THEY have to say.”
American descendants of African slaves are better off here than they would be if their ancestors hadn’t been enslaved. That’s not a endorsement of slavery. But everyone who was part of the slave trade is long dead, and our country paid the blood price for the horrors of slavery in the 1860s. Time to let it go.
Why should anyone pay reparations at this point in time? If any black person thinks he/she is getting a raw deal in America, that person is free to leave. There are some real garden spots around the world. Zimbabwe, Peoples Republic of Korea, to name two.
Zimbabwe, yes, but North Korea doesn’t want them, won’t have them.
They are raising unrealistic expectations that will not be met. When folks figure out they ain’t getting $5 mil they are gonna be PO at someone, maybe even this commission.
That’s always been the goal. It’s why BLM and antifa never take up the cudgels in defense of someone legitimately killed by an unjustified shoot. Partly because the system tends to do a decent job of prosecuting those appropriately anyway, but mostly because the goal is not eliminating police racism but destabilizing the system. Brazenly lie to one side about how they’re being oppressed by the other, and when the other side points out the truth use that to “prove” that they’re oppressors.
It’s about stoking the race war so they can have the Glorious Revolution.
“No ‘Math Formula’ Used to Calculate $5 Million Payout”
Man: Mr Devious, I just want to know what it would cost me to have a fully comprehensive insurance on a 1970 Aston Martin.
Devious: Aston Martin?
Devious: (quickly) Five hundred quid.
Man: Five hundred quid?
Devious: Forty quid.
Man: Forty quid?
Devious: Forty quid and a nude lady.
The commission members probably took math in government schools. And here’s the outcome of that fine edumacation.
Math is hard. Let’s go shopping!
I had an ancestor that worked in SF so give me $5 million and $100k forever? i’m taking that and moving to Florida to enjoy
The bigger the payout the bigger the allotment to the bureaucracy that gets to do all the paperwork and the lawyers cut
In other words, a PDOOMA. “Pulled directly out of my ass.”
Just tossing this out there for comments. Let us assume that we have an award of $5 million per black, plus roughly $100k a year for 250 years. At what point does that become considered a justification for a race war in the population that has to pay when they have done nothing to enslave anyone?
Page 30 has the eligibility requirements:
This is all bs.
My favorite requirement is “a descendant of someone incarcerated by the failed war on drugs.” So if my great grandfather was a drug dealer, supported by the taxpayer at a cost of $50K per year—-Bingo- give me my $5M!
PDF page 32 starts the many pages of “benefits.” These are incredible, for example:
1.2 Supplement African-American income of lower income households to reflect the Area Median Income (AMI) annually for at least 250 years ($97,000 in 20221).
Rationale: Racial disparities across all metrics have led to a significant racial wealth gap in the City of San Francisco. By elevating income to match AMI, Black people can better afford housing and achieve a better quality of life.
Interesting in a very quick scan how some of the history and examples are posted without a date. When did the black /Jewish settler arrive in SF when the population was 100? But he was a “savvy” businessman (is that an veiled anti-semitic comment)?
Page 20: “One of San Francisco’s founding fathers was a mixed-race Black and Jewish man named William A. Leidesdorff, Jr. A Caribbean immigrant, Leidesdorff first came to Yerba Buena (what became San Francisco) when the settlement had fewer than 100 inhabitants and helped to establish San Francisco as a growing coastal destination for investors and wealth seekers, alike. Leidesdorff was a savvy businessman and was extremely politically active, donating land to create the first public school (in San Francisco as well as California), was one of the city’s first public school board members, was elected City Treasurer, and was appointed US Vice Consul to Mexico, and is believed to be one of the first Black American millionaires due to his investments in steam boats and real estate.”
Not too shabby for a biracial guy. Do his descendants get some of this legalized slush money?
The newspaper clipping describing restrictive housing which specifies only white/caucasians allowed isn’t dated. That would include Asians, also, right? Do they get a cut of this? Why not?
The Federal government must in NO WAY bail these idiots out.
How much does an Octoroon get – 1 of 8 ancestors of African descent?
100% African immigrant? All $5 million?
Silliness. None of these people “suffered” more severe damage based on their skin color alone than a poor white, autistic boy from Appalachia who gets nothing….
This is NOT about justice – its about an paying blackmail to entrenched grift industry that threatens waves of violence if they’re not paid off
They’ll never get a dime and when they find out the mostly peaceful riots begin.
“They’ll never get a dime” … don’t bet on it … this is CA … and CA is always the first to get the worst …
What’s the holdup? The non-Black CA residents should dig into their pockets and begin making those payments right away. Their failure to immediately pony-up the payments will be irrefutable proof of systemic racism!
A fairer way to determine exactly how much harm an American black person has received as a result of chattel slavery would be to compare their current economic state to that of the never-enslaved (at least by Americans) blacks on the continent of Africa.
US born blacks’ income averages around $45,000 a year, while African born black have an annual income of around $4000.
Ziprecruiter says: As of Feb 20, 2023, the average annual pay for an African American in the United States is $78,953 a year.
This disparity clearly points out exactly what has happened to blacks in America as a result of being brought here in slavery 150 or 200 years ago.
Looking at the picture of the reparations committee reminds me of the old saying about two wolves and a sheep deciding what to have for dinner.