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Strategies & Market Trends : World Outlook

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To: tntpal who wrote (50042)	1/1/2026 9:09:37 AM
From: tntpal	Read Replies (1) of 51247

San Francisco mayor sneaks through reparations bill just before Christmas - that could give each black resident $5 million December 31, 2025 The mayor of San Francisco discreetly approved a bill to create a fund that may eventually grant each of the city's eligible black residents $5 million in reparations. Mayor Daniel Lurie quietly signed the incredibly divisive Reparations Bill just two days before Christmas. The ordinance establishes a reparations fund, as recommended by the city's African American Reparations Advisory Committee (AARAC) in its 2023 report. The legislation merely establishes the fund but does not allocate any money to it - setting up the framework for any future contributions, whether they be through the city or privately donated... Per the 2023 report, every eligible African-American adult in San Francisco should be handed a $5 million lump sum to ' compensate the affected population for the decades of harm that they have experienced.' Approximately 50,000 black people live in San Francisco, and the qualifying requirements remain unclear. dailymail.co.uk

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