According to new reports, Billionaire Democrat donor George Soros is interested in funding a national reparations project for descendants of slaves.
SOROS AND LA MAYOR GARCETTI:
The radical liberal donor teamed up with 11 mayors headed by LA Mayor Garcetti to find the Mayors Organized for the Reparations and Equality fund. The new group aims to expand the movement of reparations throughout the country and force Congress to create a commission to study the matter thoroughly.
LA Mayor Garcetti has admitted that paying reparations would be costly and can not burden the taxpayers alone, so Soros has now stepped up as an investor.
This is not the first time Soros has funded something similar in the past; he invested 15 Million to return stolen items to Africa taken in colonial times.
As of right now, LA has allocated $500K for an advisory panel that would create a funding framework.
in a Live stream for Juneteenth, last Friday Garcetti said: “We’ve been listening to the demands and demonstrations, the urgent calls of justice from young people who have seen far too much, and Americans who have waited for far too long, families who have borne too steep a share of economic suffering,” he went on to say “While America is a land of opportunity for some, it remains a place of injustice, inequality, and indignity for too many of our black brothers and sisters.”
According to democrats, reparations would bring the standard of living for blacks more in line with whites noting that the Wealth gap between the two races in Los Angeles is 100 to 1. Nationwide the Gap is slightly better at 13%.
In Congress, the House is yet to vote on HR 40, which would create a commission on reparations.