Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: Mongo2116 who wrote (84985)	2/17/2021 3:20:46 PM
From: TimF	1 Recommendation Recommended By Stock Puppy Read Replies (2) \| Respond to of 85487

If a former slave owner and a former slave were still alive the former slave could sue, or otherwise get reparations from the slave owner. But no one from 1865 is still alive. Asking for reparations now amounts to going after innocent people to pay some third party who was not part of the earlier abuse on either end of it. The KKK was a terrorist organization. If it was still around then it could face all sorts of legal hits, prosecutions, lawsuits etc. about its activity. But its gone. There are a bunch of small Klans around but they are new organizations. They can be sued for their actions but even if you could seize everything from the organizations it wouldn't amount to much in terms of reparations. Jim Crow was mostly laws and regulations passed by state governments. Those state governments are still around but all their money has to come from someone else. They can't pay reparations, innocent tax payers would have to pay (including tax payers who moved in to the state or even the country after the end of Jim Crow, and those who are the decedents of, or even themselves were exposed to the injustices of Jim Crow Those injustices were obviously worse against black people, but they include white business owners forced to act in a segregated manner against their will (bus companies in particular tried to fight this but were generally not successful). Generally reparations can be reasonable if they are from an actual perpetrator to an actual victim. Setting up transfer schemes based on skin color is not reasonable or just. Beyond the injustice its not practically beneficial to create a situation where various groups are designated as victims and others are those who will pay the victims. It creates a toxic fight to take from others, and will encourage strife and racism.