CHATTLE SLAVE DESCENDANTS,
PUBLIC POLICY AMENDS
and the CANNABIS INDUSTRY
- Rebuilding Black Communities
America has never atoned for its original sin of chattel slavery.
When is enough, enough? Will Black people in America finally come together to decide what “structural change” looks like for them? Is now the time Black people reimagine their communities? If we don’t fix the underlying problems of wealth, education, and health disparities dating back to the chattel Slavery and Jim Crow eras, are we destined to repeat this country's cycle of protests, riots, and looting within the next 3-5 years?
In Noel King's, NPR article 'From Here to Equality' Author Makes a Case, and a Plan, for Reparations, Economist William "Sandy" Darity, Jr. says, " the starting point is the failure to provide the formerly enslaved with the 40-acre land grants that they were promised (after the Civil War). At the same time, substantial allocations of land were being made to white Americans. And then subsequently, over the course of the next 80 years or so, there was a series of white massacres that took place across the
United States, where black communities that had begun to develop some degree of prosperity and independence were literally destroyed."
This year, 2020, with the upcoming presidential election, the Black American vote holds a premium value for negotiating an equal trade for maximum tangible gains in "equity" to solidify the future of the Black community on a national level.
The "fix" in my opinion is for the government to develop purposeful public policies to amend systemic racial disparities on the lives of American Chattle Slave Descendants, focusing in three distinct areas: (1) Land Acquisition, (2) Free Education, and (3) Free Healthcare. The goal is to close the wealth, education and health gaps while engaging the Black community in rebuilding their own communities nationwide.
The
Value Proposition
What is the Fix?
What is the Value of the Black Vote?
Where do we start?
How
Much?
PUBLIC POLICY AMENDS JUSTIFICATION
and the ESTIMATED COST
One group, American Descendants of Slavery (ADOS, suggests that H.R.40, introduced in the House January 2019 to study “reparations”, is fast-tracked and rewritten to include reference to American Descendants of Slavery as the rightful “sole” recipient group. ADOS estimates approximately 32 million descendants of slaves. I suggest they forego the study and create a Bill with clear constructive recommendations during which the country must engage in the hard discussion of systemic racism in America and it implications on our success as a country. The country needs to make the shift, then move towards resolution.
Author Ta-Nehisi Coates explained in 2014, “Legalized discrimination and state-sanctioned brutality, murder, dispossession and disenfranchisement continued long after the war ended. That history profoundly handicapped Black Americans’ ability to create and accumulate wealth as well as to gain access to jobs, housing, education and health care.” This proposal suggests that purposeful policies are developed, in lieu of direct reparations payouts, to amend housing, education and health disparities to American Slave Descendants for years of intergenerational trauma suffered. The paper “The Economics of Reparations” assessed the value of reparations today:
“Professor Sandy Darity Jr.—a leading economist and premiere scholar in the
area of American reparations— and Dania Frank have illustrated using the work of Vedder, Gallaway and Klingaman, the gains in wealth to white southerners from ownership of Blacks in 1859 was $3.2 million. In today’s dollars, the value of that debt is estimated to be somewhere between $5-10 trillion dollars, depending upon the interest rate used for compounding purposes.”
The Who?
The Why?
Do I Qualify as an American Slave Descendant?
ELIGIBILITY
It stands to reason that the majority of Black families who are not doing well economically and children who are not doing well academically can likely trace their history back to the Transatlantic Slave Trade. Black immigrants on average tend to have higher median incomes and higher academic performance than American Chattle Slave Descendants. Such data should be but is not readily available as all Black non-hispanic people are aggregated as one group in the US data collections instruments such as the Census, job applications, etc., regardless of origin. As such, eligibility will be contingent upon
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completion of a certified genealogy search (source: Mormon Church genealogy records) to trace ancestry to slaves.
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documented evidence that you have identified yourself as a Black person in the last 10 years.
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documented relatives and descendants recorded in the database where you are connected and added by birthright.
THE BENEFITS
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Short Term:
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Addresses underlying concerns of current protesters
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Curtails Gentrification
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Economic Stimulation
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Increases Black voter turnout
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Long Term:
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Rebuild Black neighborhoods (Residential; Commercial)
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Closes the Wealth Gap within 10 years and sets up wealth transfer to descendants
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Closes the Education Gap within 10 years
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Improved tax base
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Increased political influence
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Better neighborhood schools
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HBCUs with multiple funding streams
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Positive Esteem for 32 million marginalized Black Citizens
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What's in it for
America?
HOW TO FUND: CANNABIS INDUSTRY
The emerging Cannabis Industry will be used as the primary permanent funding mechanism for the “2021 Black Slaves Equity Initiative” to compensate American Descendants of Slaves, in perpetuity or until some set
date in the future when the estimated $10 trillion (or more) debt is paid.
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Congress to fund initial seed amount of not less than $1 Trillion (or some other amount based on a formula).
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Major Corporations/Banks having benefited from the original economic engine (chattel slavery, cotton, tobacco) can opt to donate annually to this fund as a sign of good will and corporate social responsibility.
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Biden/Congress to LEGALIZE recreational Cannabis on federal level.
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After the initial seed funding, ALL Cannabis plants/products sold in/from the USA is taxed with a certain percentage allotted to the Reparations Fund housed in Washington, D.C. in perpetuity as the “primary funding source” for this model.
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A career path is created for American Chattle Slave Descendants’ entry into emerging Cannabis market. Instead of destroying families, this model uses Cannabis to rebuild Black neighborhoods and strengthen the Black community.
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Develop comprehensive Cannabis related prison release/reentry program. Expunge records of current/past incarcerated individuals; provide reentry grant of some predetermined amount.
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How does this
impact people in prison?
How is it paid for?
Is Cannabis
legal
federally?
Where does the seed money come from?
Will this open the door for more Black people to enter this industry?
How is the fund replenished?
PAYMENT PLAN
Each American Chattle Slave Descendant's award is paid directly from the Equity Initiative fund housed in Washington D.C. to the Mortgage company, or vendor, or contractor on the "registered" recipient’s behalf limited to (1) Land/home/Commercial Development, (2) Education, and (3) Healthcare.
It is designed to make such payments to current and future generations of slave descendants as a birthright in perpetuity or until such time the debt is paid.
How is it
paid to the recipient?
1. EQUITABLE POLICY AMENDS: LAND ACQUISITION
Land Grants (residential; commercial) awarded from the Equity Initiative Fund to qualified American Descendants of Chattle Slaves to rebuild historically/majority Black neighborhoods across the nation through ownership.
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Registered American Chattle Slave Descendants
re-build their own neighborhoods by having
access to $40k each to purchase or
rehabilitate a home, or to invest in commercial
real estate in “historically/majority
Black” neighborhoods across the nation.
Recipients must be in a financial position to
Qualify to purchase/rehab a property before access to the fund is granted.
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The award is paid from the Equity Fund directly to the mortgage company or contractor on the recipient’s behalf.
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All land/buildings purchased/rehabbed with Chattle Slave Equity Initiative Funds must be listed in the Slave Equity Initiative Land Trust as “protected land”. The Trust will be housed in Washington, D.C.
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While the property is owned by the individual Chattle Slave Descendant, in the event a recipient loses a property, said property returns to the American Descendants of Chattle Slavery Equity Land Trust to be sold to a “registered” slave descendant.
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Chattle Slave Descendent children (and their children) are also granted access to the $40k grant on 21st birthday as long as they meet all eligible requirements in perpetuity (or until some set date in the future when the estimated $10 trillion debt is paid to slave descendants).
#RebuildingTulsaRosewood
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Select five (or more) HBCU’s to award “40 acres” of land (or more) for Cannabis Grow Farms. Designate the select HBCU's as Research, Development & Innovation centers of excellence. Proceeds from sales from Cannabis Grow farms go to support the HBCU, as well as to fund the American Descendants of Chattle Slaves Equity Initiative Fund in Washington, D.C. via the taxation requirement. (Selection criteria to be determined)
What is a Reparations Land Trust?
When is my child able to receive a land grant?
Land for HBCUs?
Where can I use the land grant?
2. EQUITABLE POLICY AMENDS: EDUCATION
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Registered American Chattle Slave Descendants in k-12, receive a grant each year for public school education assistance for tutors; computers; calculators; after school, summer, and student exchange program fees; physicals; supplies; etc.
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Collegebound registered American Chattle Slave Descendants each is eligible to receive full ride scholarship to the HBCU of choice. If graduate and/or doctoral degrees are pursued, may receive 100% reparation funds to school of choice.
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Collegebound registered American Chattle Slave Descendants opting to
attend a 4-year university at all other colleges/universities during
the initial 4 years will be required to pay 50% of total cost.
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This scholarship is retroactive and includes canceling out current student loan debt of qualified slave descendants.
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Registered American Chattle Slave Descendants who opt to attend a trade, technical college or other qualified program (TBD), will have 100% of cost/fees covered.
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Registered American Chattle Slave Descendants interested in obtaining a degree or certificate in the emerging Cannabis Industry can apply to one of the designated HBCUs to become experts in cannabis accounting, farming, cultivation, product development, or equipment innovation, entrepreneurship (dispensaries), etc.
What about college?
Trade School?
Current school debt?
Can children/ Youth get help in public schools?
3. EQUITABLE POLICY AMENDS: HEALTHCARE
The health condition of Black chattle slaves and their descendants have
been ignored, including being used as lab subjects in medical experimentation.
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Free Healthcare, including mental health, for all qualified
slave descendants paid directly from the fund.
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Pay existing medical debts.
