California Panel Estimates $569 Billion in Reparations Is Owed to Black Residents

Gov. Newsom, Youtube
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California: The Reparations Task Force, a nine-member panel, concluded that black Californians whose ancestors were in the US in the 19th century are due $223,200 each due to housing discrimination practices utilized from 1933 to 1977. The task force hopes to shrink the wealth gap between white and black Californians. The Federal Reserve claims that black households have a median wealth of $24,100 nationwide, compared to white households that have a median wealth of $188,200. In addition to housing discrimination, the panel has targeted four other areas to study — mass incarceration, unjust property seizures, devaluation of black businesses and health care. The Reparations Task Force will release a report with the final dollar amounts next year and their recommendations ro be presented to the left-leaning state legislature for consideration.

A California task force studying the long-term effects of slavery and systemic racism on black residents in the state has estimated a whopping $569 billion in reparations is owed to the descendants of enslaved people, according to a report.

The nine-member panel concluded that black Californians whose ancestors were in the US in the 19th century are due $223,200 each due to housing discrimination practices utilized from 1933 to 1977, the New York Times reported.

The work of the Reparations Task Force, which was created by legislation Gov. Gavin Newsom signed in 2020 — and the potential payouts –represent the largest reparations effort in recent history.

“We are looking at reparations on a scale that is the largest since Reconstruction,” Jovan Scott Lewis, a professor at the University of California, Berkeley, who is one of the nine members, told the Times.

The task force hopes to shrink the wealth gap between white and black Californians.

Nationwide, black households have a median wealth of $24,100, which pales in comparison to white households, where the median wealth is $188,200, according to the most recent Federal Reserve Board Survey of Consumer Finances, cited by the paper.

A history of housing discrimination against black Californians makes up a significant portion of the compensation the panel recommends. Several black communities were bought out or seized through eminent domain to be bulldozed for infrastructure projects, according to the panel’s findings.

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Phillip Mezzapelle
Phillip Mezzapelle
2 months ago

The crazy things Democrats do theses days to make sure people vote for them. 🤮

Rob Polans
Rob Polans
2 months ago

Reparations? That’s like saying We should expect my Vietnamese daughter to pay veterans of Nam (like myself) reparations. Or who is going to pay me? I’m a Native American. Do you see that it is race baiting?

Boomer Lady
Boomer Lady
1 month ago

It was Black Africans who sold fellow Black prisoners into slavery after they were captured by rival warring tribes. I suspect some of these Black slavers may have later immigrated to the U.S. and may be the ones who started Black intercity street gangs based on their lives in Africa. Once one joined such a gang, they were held much like a slave, never being allowed to quit the gang.

Ragnar D.
Ragnar D.
1 month ago

The impending formation of the 51st state of New California will allow us to put an end to this leftist tyranny perpetrated against us by the California uniparty and its pusillanimous governor. Other states including Illinois, Arizona, Nevada, Oregon, Wisconsin, and Michigan have similar movements to split their states to free themselves from the tyranny of the dysfunctional urban Democrats. Splitting these states is a Constitutional process described in Article IV, Section 3. The current State of California is in Constitutional and financial default.

DaveGalt
DaveGalt
1 month ago

Won’t every black in America move to California to pick up their check?

Lincolnshire Paocher
Lincolnshire Paocher
1 month ago
Reply to  DaveGalt

Yes, and every taxed white person will leave, then good luck funding it.

Tom Ball
Tom Ball
1 month ago
Reply to  DaveGalt

I hope so.

Randal Lee Roberson
Randal Lee Roberson
1 month ago

how about reparations to the Native America Indians first.

Tom Ball
Tom Ball
1 month ago

Gavin Newsom should lead the way by donating 42 million of his alleged 20 million to set a good example. After all, he IS white and therefore took part in the oppression of blacks in addition to remaining a racist now as is every white man. I chose 2 of 20 since a tenth of ones ‘earnings’ is associated with religious tithes and this is definitely a religious cause with him and others because we know it couldn’t have anything to do with politics and God knows that they would never do anything to generate more racial strife or attempt… Read more »

Tom Ball
Tom Ball
1 month ago

I wasn’t aware that California was noted for growing cotton. Wiki, to the extent that you can trust their oversight, curiously says this” https://en.wikipedia.org/wiki/History_of_slavery_in_California The padres would often baptize Native Californian villages en masse and relocate them to the missions, where they would work either voluntarily or by force from location to location. To the padres, the Native Californians were newly baptized members of the Catholic Church and were treated with varying amounts of respect, depending on the priest in question. Many of the soldiers, however, saw them solely as manpower to be exploited. The soldiers would force the Native… Read more »

Ragnar D.
Ragnar D.
1 month ago

Another pertinent point about this asinine reparations proposal is that the CA Legislative Analyst Office has projected that California will have a $25-billion budget deficit for FY2023-2024 with projected additional budget deficits for two or three years after that. To make matters worse, that $25B deficit assumes an annual inflation rate of only 4 percent, so higher inflation will swell that deficit even more. When the commies predictably raise taxes, the wealthy tax milk cows will leave the state further eroding the tax base. These leftist clowns are out of money.

Vick
Vick
1 month ago

Dems have to “Play God” because they generally don’t believe in or encourage belief in God.

Jake
Jake
1 month ago

Blacks were completely banned from California from 1847 to 1865. Those caught there were deported.

Tom Ball
Tom Ball
1 month ago

And as a gesture of sincerity and good will , Newsom will be donating half of his check.