RE: That Gay Thread
October 25, 2021 at 6:41 am
(This post was last modified: October 25, 2021 at 6:47 am by Huggy Bear.)
(October 25, 2021 at 4:54 am)wBrianSoddingBoru4 Wrote: The only thing I imagine that a racist homophobe would hate more than a trans Black person is a trans Black person who just got $350 000 from the government.
Boru
The issues LFC listed were economic, and had nothing to do with sexual orientation, but with the history of racist policies designed to keep black people on the bottom of the economic ladder. In the US white people own 85% of the wealth as compared to the 4% black people own, despite being here since before this nation was founded, while the Majority of white people were immigrants.
It is estimated that slavery generated as high as 50 trillion dollars.
White immigrants came here and took advantage of a policy called the Homestead Act, which allocated 246 million acres of land to 1.5 million white families, which value amounts to 1 million dollars per family by today's standard,.
The G.I. bill introduced low cost home loans for ww2 veterans (except the black ones), owning a home is the quickest way to build wealth.
Now to LFC's points
- Black transgender people had an extremely high unemployment rate at 26 percent, two times the rate of the overall transgender sample and four times the rate of the general population.
- A startling 41 percent of Black respondents said they had experienced homelessness at some point in their lives, more than five times the rate of the general U.S. population.
- Black transgender people lived in extreme poverty with 34 percent reporting a household income of less than $10,000 per year.
- Black transgender people were affected by HIV in devastating numbers.
$350,000 invested in one of the top mutual funds with a reasonable return of 15% nets you $52,000 per year, which would solve 3 out of 4 problems on that list.
(October 25, 2021 at 3:51 am)Helios Wrote:Quote:The simple answer? Reparations. $350,000 would solve the majority of those issues, wouldn't it?No! just no!
Weren't you quoting MLK a few pages back? Apparently you seem to respect his point of view.
How about this quote.