richardmurray Posted January 12 Report Share Posted January 12 The Bruce family of california and when can reparations begin for Black people whose forebears were enslaved in the usa https://aalbc.com/tc/profile/6477-richardmurray/?status=2204&type=status 1 Link to comment Share on other sites More sharing options...
ProfD Posted January 12 Report Share Posted January 12 It is awesome that the Bruce relatives (great-grandsons) were able to reclaim their family land. Unfortunate that they had to cash out because they could not do anything to develop the land. Hopefully, the Bruce's will use the $20 million as seed money to build generational wealth for their heirs. 2 Link to comment Share on other sites More sharing options...
Stefan Posted January 25 Report Share Posted January 25 Reparations will have to be in the billions, not a paltry $20 million. 1 Link to comment Share on other sites More sharing options...
ProfD Posted January 25 Report Share Posted January 25 7 hours ago, Stefan said: Reparations will have to be in the billions, not a paltry $20 million. $20 million to the Bruce family was apparently enough for their heirs. Someone came up with a land valuation. I doubt they presented a clear picture of projected loss of income/revenue over time. The heirs chose to roll with it. That's generally what people who are financially broken will do. Those guys probably didn't have a million bucks in the bank. So, $20 million was more than enough to make their dreams come true. I just hope the Bruce heirs don't spend the money buying a bunch of dumb sh8t and give it all back to white folks. 1 1 Link to comment Share on other sites More sharing options...
richardmurray Posted January 26 Author Report Share Posted January 26 @ProfD in defense of the bruce heirs ,if they decide to spend wildly, they will not be the first nouveau riche to lose heavy 1 Link to comment Share on other sites More sharing options...
ProfD Posted January 26 Report Share Posted January 26 6 hours ago, richardmurray said: @ProfD in defense of the bruce heirs ,if they decide to spend wildly, they will not be the first nouveau riche to lose heavy Of course not. It would be a d8mn shame if they spent foolishly and lost heavy. There's no excuse for ignorance when history teaches better. Link to comment Share on other sites More sharing options...
richardmurray Posted January 26 Author Report Share Posted January 26 @ProfD and yet history teaches the nouveau rich usually act money drunk over financially wise. i argue history is the excuse Link to comment Share on other sites More sharing options...
ProfD Posted January 26 Report Share Posted January 26 10 minutes ago, richardmurray said: @ProfD and yet history teaches the nouveau rich usually act money drunk over financially wise. i argue history is the excuse History proves there is no shortage of ignorance and stupidity as folks continue doing the same dumb sh8t. Link to comment Share on other sites More sharing options...
Stefan Posted January 27 Report Share Posted January 27 Some individuals simply don't know what they are talking about. The $20 million payment does NOT represent Reparations. It is simply payment for a real estate transaction that involves land that was taken from a family long ago. Read the following analysis piece from ABC News carefully: Payment to the Bruce Family for waterfront property There was no way for the Bruce Family to fully monetize the land. They were prevented from doing so by zoning regulations said State Senator Steven Bradford. And that is why the payment is so paltry. "This fight has always been about what is best for the Bruce family, and they feel what is best for them is selling this property back to the County for nearly $20 million and finally rebuilding the generational wealth they were denied for nearly a century," according to Janie Hahn, chair of the Los Angeles Board of Supervisors. Does anyone see the word Reparations in that news analysis? Stop accepting nonsense from individuals who don't understand anything and refuse to do research on matters and issues. 1 Link to comment Share on other sites More sharing options...
ProfD Posted January 27 Report Share Posted January 27 @Stefan, reparations is defined as compensation, restitution, redress, repayment. 1 Link to comment Share on other sites More sharing options...
richardmurray Posted January 27 Author Report Share Posted January 27 @ProfD dumb but also human, if it happens regularly it is human Link to comment Share on other sites More sharing options...
Stefan Posted January 28 Report Share Posted January 28 @ProfD When Black people speak of Reparations, this does not mean payment for a real estate transaction. Especially one involving a piddling amount. In all the scholarly writings on the subject, the amount discussed is always in the billions. I have no idea why some deliberately ignore the truth of what many have discussed for decades. Money given to one family does not constitute Reparations for the Black Race. Why Reparations for Black people are needed Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now